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Director, Commercial Finance

Job in Chatham, Morris County, New Jersey, 07928, USA
Listing for: Tonix Pharmaceuticals
Full Time position
Listed on 2025-12-06
Job specializations:
  • Finance & Banking
    Financial Manager, CFO
Job Description & How to Apply Below

About Tonix

Tonix is a fully integrated biotechnology company, publicly traded on NASDAQ (ticker: TNXP), with marketed products and a pipeline of development candidates. The Company is focused on commercializing, developing, discovering, and licensing therapeutics to treat and prevent human disease. In August 2025, Tonix received FDA approval for Tonmya™ (cyclobenzaprine HCl sublingual tablets), a first‑in‑class, once‑daily, non‑opioid treatment for fibromyalgia. Tonmya is the first new fibromyalgia therapy approved in over 15 years, following successful Phase 3 trials demonstrating significant symptom improvement.

Commercial launch is expected in the fourth quarter of 2025. Tonix also markets Zembrace® Sym Touch® (sumatriptan injection) 3 mg and Tosymra® (sumatriptan nasal spray) 10 mg, both indicated for the treatment of acute migraine with or without aura in adults.

  • All of Tonix's product candidates are investigational new drugs or biologics and have not been approved for any indication.
Position Overview

The Director, Commercial Finance will be responsible for driving financial performance and strategic decision-making across the commercial functions of the pharmaceutical business. This role involves leading financial planning, gross‑to‑net (GTN) analysis, inventory management, budgeting processes, and new system implementation. The successful candidate will work closely with cross‑functional teams, including Sales, Marketing, Supply Chain, and Operations, to ensure financial health and sustainable growth.

Essential

Duties
  • Commercial Finance Leadership
    • Provide financial leadership to commercial teams, ensuring alignment with business objectives.
    • Develop and implement financial strategies to support revenue growth, profitability, and cost efficiency.
    • Partner with commercial teams to analyze business performance, pricing strategies, and margin improvements.
  • Gross-to-Net (GTN) Analysis & Revenue Management
    • Oversee GTN calculations, ensuring accurate revenue recognition and reporting.
    • Monitor and evaluate rebate programs, discounts, and other commercial deductions.
    • Provide insights into pricing and contract strategies to optimize net revenue.
    • Develop robust GTN forecasting models to improve accuracy and decision‑making.
  • Inventory Management & Supply Chain Finance
    • Oversee inventory valuation, ensuring compliance with financial reporting standards.
    • Optimize inventory levels to balance demand, working capital, and cost efficiency.
    • Work closely with Supply Chain and Operations to drive efficiency in inventory turnover.
    • Implement controls to mitigate inventory risks, obsolescence, and write-offs.
  • Financial Planning, Budgeting & Forecasting
    • Lead annual budgeting and periodic forecasting processes for commercial functions.
    • Develop financial models to assess business scenarios, risks, and opportunities.
    • Track performance against budgets and forecasts, providing variance analysis and recommendations.
    • Collaborate with business leaders to ensure financial targets are met.
  • New System Implementation
    • Lead the implementation of new financial and operational systems to enhance efficiency and reporting capabilities.
    • Work with IT and business stakeholders to ensure smooth transition and integration of new systems.
    • Provide training and support to commercial finance teams on new tools and processes.
    • Ensure data integrity and compliance throughout the implementation process.
  • Business Partnering & Stakeholder Management
    • Act as a key financial advisor to the executive leadership team.
    • Work closely with Sales and Marketing teams to assess market opportunities and profitability.
    • Collaborate with external auditors, tax advisors, and regulatory bodies as required.
    • Provide financial training and insights to commercial teams to enhance financial acumen.
Necessary

Skills and Abilities
  • Strong understanding of GTN, inventory management, budgeting, and financial planning in a pharma setting.
  • Experience leading financial system implementations and process improvements.
  • Expertise in financial modeling, data analytics, and strategic financial planning.
  • Strong leadership skills with experience managing teams and cross‑functional partnerships.
  • Excellent…
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