Vice President Financial Planning and Analysis - Ardelyx, Inc.
Fremont, CA
About the Job
Ardelyx was founded with a mission to discover, develop and commercialize innovative, first-in-class medicines that meet significant unmet medical needs. Ardelyx has two commercial products approved in the United States, IBSRELA®(tenapanor) and XPHOZAH® (tenapanor), as well as early-stage pipeline candidates.
Description
The Vice President of Financial Planning and Analysis (FP&A) will play a pivotal role in shaping the financial strategy and decision-making processes of Ardelyx. Reporting directly to the Chief Financial Officer (CFO), the VP of FP&A will lead a dynamic team responsible for financial planning, forecasting, budgeting, and analysis to support the company's strategic objectives. This individual will collaborate closely with senior leadership across various functions to provide actionable insights and drive financial performance.
Key Responsibilities
• Partner and work collaboratively as a trusted advisor of the Chief Financial Officer, the Chief Executive Officer, Senior Management Team, and other Finance colleagues on strategic initiatives, including business development, collaborative partnerships, and financing.
• Provide strategic guidance and oversight to the FP&A team to support their development and achievement of goals.
• Develop and oversee the financial planning and analysis function, including budgeting, forecasting, and long-range planning processes, to support strategic decision-making and optimize resource allocation.
• Lead the annual, quarterly, and monthly FP&A processes, including an annual long-range financial plan and full-year budget, quarterly forecasts and monthly variance and analysis.
• Work collaboratively with department heads to establish financial targets aligned with business objectives and market dynamics.
• Drive the development of financial models to evaluate business performance, assess investment opportunities, and support decision-making for optimizing current commercial opportunities, potential product development, commercialization, and expansion initiatives.
• Provide timely and accurate financial analysis, highlighting key performance metrics, trends, and drivers of financial performance to senior leadership and key stakeholders.
• Partner with the Commercial and Marketing teams to develop pricing strategies, assess the financial impact of promotional activities, and optimize product profitability.
• Collaborate with Supply Chain and Technical Operations teams to develop inventory management strategies, optimize production capacity utilization, and drive operational efficiencies.
• Provide independent objective recommendations on investment decisions and clearly articulate risks and trade-offs with recommendations.
• Participate in the preparation of quarterly and annual financial reports, including management discussion and analysis (MD&A), to communicate financial performance, business trends, and strategic insights to investors and analysts.
• Support Investor Relations efforts by providing financial analysis, preparing presentation materials, and participating in investor meetings and conferences.
• Identify opportunities for cost optimization, revenue enhancement, and margin improvement through financial analysis and scenario modeling.
• Stay abreast of industry trends, market dynamics, and regulatory developments to provide strategic insights and recommendations to senior leadership.
• Proactively recommend and implement process improvements to increase the efficiency and effectiveness of our reporting and analysis to key stakeholders.
Qualifications
The successful candidate will have the following leadership and personal competencies:
- A strategic thinker with a minimum of 15 years of experience, including in a similar role within a publicly traded, commercial-stage, growth-oriented biopharmaceutical organization.
- Ability to take ownership of all areas of responsibility and work proactively to suggest and implement solutions as necessary in consideration of overall corporate objectives.
- Strong interpersonal skills and an ability to work in a cross-functional, team-oriented environment.
- Proven ability to lead and motivate high-performance teams and focus on key priorities, provide clear direction, appropriate delegate and actively coach/mentor staff.
- Outstanding organizational and written and verbal communication and presentation skills.
- Advanced degrees and licenses including a MBA, CPA, or CMA are preferred but not required.
- Goal oriented, with the ability to proactively provide solutions and to ensure that all key department initiatives are carried out in accordance with pre-established deadlines and the Company’s overall strategic plan.
Location
Location is flexible, but with preference for areas within a commutable range of Waltham Massachusetts or Boulder Colorado where we have offices or concentrations of finance team members.
The anticipated annualized base pay range for this full-time position is $266,822-$326,116. Ardelyx utilizes industry data to ensure that our compensation is competitive and aligned with our industry peers. Actual base pay will be determined based on a variety of factors, including years of relevant experience, training, qualifications, and internal equity. The compensation package may also include an annual bonus target and equity awards, subject to eligibility and other requirements.
Ardelyx also offers a robust benefits package to employees, including a 401(k) plan with generous employer match, 12 weeks of paid parental leave, up to 12 weeks living organ and bone marrow leave, equity incentive plans, health plans (medical, prescription drug, dental, and vision), life insurance and disability, flexible time off, annual Winter Holiday shut down, and at least 11 paid holidays.
Ardelyx is an equal opportunity employer.
Source : Ardelyx, Inc.