Financial Analyst

Financial Analyst

As a Financial Analyst, reporting directly to the Director of Finance, you will be a key driver of our organization’s success. You will be responsible for managing budgets, analyzing monthly results, and overseeing the order-to-cash process. These are all critical aspects of our organization, and your contributions will be instrumental in driving our growth and success. We are looking for someone who is innovative, analytical, and results-driven. You should have a proven track record of success in a financial analysis and budget management capacity.

Join us today and be part of a team that is driving innovation and making a difference in the world.

The safety of our patients: You are expected to immediately forward any reports of adverse events or special situations concerning our products, as well as any product complaints and counterfeit or suspected counterfeit medicine, to Medical Information and Pharmacovigilance as per training on current procedures.

Key Responsibilities

1. Participate in the preparation and analysis of the annual budget, QEs, and financial projections in partnership with the lines of businesses and Head of Finance.
2. Prepare monthly sales adjustments and provisions (PLA, other sales deductions, etc). Liaise with BI and Market Access to ensure any relevant access assumptions are accurately accounted for in the sales adjustments forecast.
3. Coordinate expenses (product and non-product related) with key stakeholders by owning the accrual process as well as the Alliance cross charges and true ups. Provide timely tracking and expense analysis to ensure teams are well informed of the status of their budget and can execute according to the plans communicated to senior management.
4. Analyze and report monthly, quarterly, and annual variance between actuals and latest projection for cost centers in a comprehensive way and reflecting an understanding of the underlying drivers for such deviations.
5. Analyze the monthly cash flow and liaise with the corporate Treasury department.
6. Support sales tax reporting, tax installments, transfer pricing as well as tax audits with the Finance Director.
7. Oversee the Order to cash process with the 3PL party: approve credit limit and returns, review bank and AR reconciliations, prepare balance sheet analysis.
8. Apply accounting rules and determine implications for the business (revenue recognition, opex management - Technical knowledge required).
9. Complete various ad hoc projects and initiatives dealing with cost/benefit analysis, process improvements, simplification initiatives; and local or regional head office needs, as well as maintain and develop various financial reports to support analysis.

Job Requirements / Desired qualifications

1. 5+ years of relevant experience in a Finance related role.
2. Excellent analytical and problem-solving skills, and solid business experience/acumen.
3. Advanced knowledge of software such as Excel, PowerPoint.
4. Bilingual (French and English), preferred.
5. Experience with SAP ERP and SAC tool an asset.
6. Bachelor of Commerce.
7. Professional accounting/finance designation (CPA).

Working conditions

• Normal Office conditions: Yes
• Evening/Weekend commitments: Occasionally
• % of travel required: 10%

Choosing Lundbeck as your employer means working in a healthy, inclusive, and skilled workplace where we uplift one another and uphold an environment that celebrates authenticity. We are committed to weaving respect and belonging into the fabric of our culture. We learn from one another and celebrate our uniqueness, so every person can be their best.

You’ll also get:

• Flexible and competitive benefits, including a Defined Benefit Pension Plan, a Physical and Psychological Wellness Program, among others;
• In addition to paid vacation each year, and a generous statutory holiday offering, our offices are closed for the year end/winter holidays;
• A hybrid work model that helps you balance work and personal life;
• Opportunities for learning, training and development that take your growth to the next level;
• The chance to be part of a recognized Great Place to Work, Best Workplace for Inclusion, Best Workplace with Most Trusted Executive Team, Best Workplaces for Women, and Best Workplaces for Mental Wellness.