Brand Finance Manager

at Incyte Corporation in Wilmington, Delaware, United States

Job Description

Incyte is a biopharmaceutical company focused on the discovery, development, and commercialization of novel medicines to meet serious unmet medical needs in oncology and inflammation and autoimmunity. Incyte is committed to the rigorous pursuit of research and development excellence to improve the lives of patients, make a difference in health care, and build sustainable value.

The Company strives to discover and develop first-in-class and best-in-class medicines-advancing a diverse portfolio of large and small molecules.

Job Summary (Primary function):

The Brand Finance Manager will support the Commercial Business and Medical Affairs functions within the North America Business Unit. Key focus areas include expense management, monthly closings, annual budgeting, and quarterly forecasting related activities.

Essential Functions of the Job (Key responsibilities):

Perform month-end close activities including validating reasonable and accurate accruals from vendors and/or budget owners.

Review invoicing and related transactions generated by A/P to ensure proper accounting.

Provide guidance to administrative assistants and project managers on proper treatment of requisitions. (coding block, processing, approval, etc.).

Create and review departmental reports to compare actual expenses vs. budget creating ad hoc reports in Hyperion and/or PeopleSoft to provide transparency and accountability of budgeted spend.

Review expenditures in PeopleSoft to ensure proper accounting treatment. Re-class entries and change PO to reflect proper coding when necessary.

Note any large expenditures/outliers and prepare review with Executive Director FP&A, VP FP&A and VP Finance and Chief Accounting Officer.

Perform run rate analysis vs. Budget / Forecast for all expenditures.

Maintain the US Business Open PO Report file to track spending for all of US Business to manage commitments and coordination with Procurement to analyze category spend.

Review project spend with Commercial and USMA team members including department heads.

Generate and manage the Open PO by Requestor report and identify POs that can be closed, or that may need a budget adjustment. This will require input from each PO requestor.

Assist Executive Director of FP&A (Commercial) with Annual Budget presentation including development of slides to support the North America Business Budget request.

Work with Controller's department to ensure account reconciliations are accurate and complete.

Liaison with external auditors in supporting and understanding accruals.

Continuous Process Improvement - Assist in financial process improvement initiatives and develop metrics for measuring effectiveness and efficiency while meeting business needs.

Understand the business drivers and make recommendations to teams around resource allocations.

Ad hoc projects including sales, royalty reporting and support to the Corporate Strategic Plan.

Qualifications (Minimal acceptable level of education, work experience, and competency):


BS degree in finance-related field or equivalent.

5+ years of progressive, relevant work experience in financial planning, analysis, modeling and accounting.

Strong analytical and problem solving skills to support budget owners and department heads.

Strong organizational skills.

Good communication and collaboration skills.

PeopleSoft, SAP (or comparable ERP system) and Hyperion experience recommended.


Disclaimer: The above statements are intended to describe the general nature and level of work performed by employees assigned to this job. They are not intended to be an exhaustive list of all duties, responsibilities, and qualifications. Management reserves the right to change or modify such duties as required.

Incyte Corporation is committed to creating a diverse environment and is proud to be an equal opportunity employer.

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We appreciate, celebrate, and thrive on one another’s differences and strengths and are proud to be an Equal Opportunity Employer. By valuing diversity of backgrounds and perspectives and prohibiting all forms of harassment, we are able to promote a collaborative and innovative work environment in which everybody can contribute to their fullest potential.        



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Job Posting: 827563

Posted On: Jul 29, 2021

Updated On: Aug 14, 2021