Head of Finance

About This Role

The Head of Finance is charged with overseeing the financial strategy and management of the financial organization of this indirect, wholly-owned subsidiary of Italfarmaco, SpA. This person serves as a strategic business partner to the President, Board, COO, and leadership team and maintains responsibility for all corporate financial functions, including accounting, AP, Order-to-cash, audit, treasury, investments, financial operations, planning & forecasting, risk management, and tax.

They will also be the primary point of contact and collaboration with ITF Group Central Finance function. The Head of Finance is a highly collaborative member of the ITF team, outward looking, strategically engaged, market sensitive and attuned to the urgency, pace and energy of the Company as it commercializes its rare disease drug.

Chief Operating Officer

• Oversee all aspects of financial planning and reporting, including the controller function, accounting, treasury, tax strategy and compliance, and external tax advisors, to ensure compliance with financial reporting standards, shareholder and ITF Group requirements, as well as statutory and legal requirements.
• Lead monthly close, forecasting, and annual planning activities, including headcount, operating expenses, and capital investments, by working closely with internal and external partners to support strategic planning and operational decision-making.
• Lead the budgeting process, including developing, communicating, and driving budget timelines; creating an efficient and effective review structure with leadership; creating budget templates; creating and maintaining budget roll-up files; and preparing budget deliverables for the Executive Leadership Team.
• Develop policies and programs to reflect the desired standard of performance for the finance function, using both internal staff and external consultants, as appropriate.
• Maintain ITF’s insurance policies and risk management program.
• Lead all treasury activities, including building and maintaining banking relationships.
• Serve as the liaison to key vendors, including financial institutions, external tax and financial accountants, auditors, and attorneys, as appropriate.
• Oversee cash flow planning and manage cash management goals for the organization.
• Maintain ITF’s investment policy and strategy.
• Improve ITF’s accounting operations, including AP, Treasury, Expense Reports, and Payroll.
• Partner with Market Access and external parties to understand ITF’s returns, rebates, copay liabilities, government pricing requirements, HCP transparency reporting, and other gross-to-net sales adjustments to ensure complete and accurate accruals and reporting.
• Partner with legal, European colleagues, and external parties to ensure timely and accurate HCP transparency reporting.
• Partner with Market Access and external parties to review and understand government pricing requirements and reporting.
• Provide accounting oversight and support the monthly and quarterly accounting close for expenses and accruals, including compliance with internal control requirements.
• Provide both operational and strategic financial support to help facilitate decision-making, including financial modeling, scenario analysis, and decision-ready insights.
• Collaborate with functional and department heads, including R&D, clinical, G&A, and commercial teams, to ensure financial information and reporting deliverables are provided in an accurate and timely manner, present key insights or trends that require attention, and enable budget owners to manage their budgets.
• Monitor and report ongoing business performance against budgets and forecasts and work with business partners to understand and identify reasons for variances, as well as find offsets to stay within budget targets.
• Drive continuous improvement within the finance organization to streamline processes, improve communication and the flow of information to the business, and identify process improvements and automation opportunities.
• Prepare materials for EC and BOD presentations.
• Build business partnerships with European colleagues and across the organization to improve…