PSP Finance Business Partner

Position Type: Full-time

Department: Finance - FP&A

Work Location: Markham, Ontario

Work Hours: Monday to Friday- standard business hours

Work Arrangement: Hybrid

Travel Required: No

A proudly Canadian company, Sentrex Health Solutions is a fully integrated specialty distributor and patient support provider for pharmaceutical manufacturers, physicians, and their patients. We provide innovative solutions focused on ensuring patients have access and the support they need to maximize their treatment outcomes. We do this through strategic distribution models and patient support programs that are backed by powerful, integrated technology, a dedicated in-house creative agency, and experienced, cross-functional teams.

Our core capabilities includeSpecialty Pharmacy Services, Customized Solutions for Warehouse, Wholesale & Distribution, Patient Support Programs, Strategic Creative Services as well as HCP & Clinic Services.

Come and join our team! But first, let us tell you why we love working here:

• We are 100% Canadian with locations across the country
• State-of-the-art facilities to provide high-quality products and services
• The opportunity to be a part of a winning, high-performing team
• Collaborative, engaging workplace culture –we are passionate about our people!
• Flexible working environment that promotes a healthy work-life balance
• Diverse and inclusive culture where your talent and commitment to excellence is welcomed and valued
• High-growth environment that provides opportunities for learning and growth supported by our Employee Development Program and industry-leading, in-house corporate training offered throughout the year

The Opportunity:

As a Finance Business Partner (FBP) for the Patient Support Programs Business Unit (PSP BU), you will play a critical role in the PSP BU’s performance management, financial reporting, planning, and forecasting. For RFPs and potential new programs, the FBP will contribute to business growth by supporting the financial analyses, pricing, and resource modelling used to inform decision making and program design.

A Day in the Life (What you will do here):

Performance Management

• Monthly Results Review: Review, publish, and explain monthly results, analyzing variances and providing driver-level commentary. This includes identifying key performance indicators (KPIs) and tracking them against targets to ensure the financial health of the PSP BU.
• Financial Modeling: Develop and maintain detailed financial models for existing programs. These models should encompass service revenues, resource models, drug revenues, other direct costs, and passthrough revenue and costs. The models will be used to forecast future financial performance and support strategic decision-making.
• Variance Analysis: Conduct thorough variance analysis to understand the reasons behind deviations from the budget or forecast. Provide actionable insights and recommendations to address any issues and improve financial performance.
• Cost Management: Monitor and control costs associated with existing programs. Work closely with program managers to identify cost-saving opportunities and implement measures to optimize resource allocation and expenditure.
• Performance Reporting: Prepare and present comprehensive performance reports to senior management. These reports should highlight key financial metrics, trends, and insights, and provide a clear understanding of the financial status of the PSP BU.
• Collaboration with PSP Teams: Assist PSP teams with various initiatives, including billing methodology changes, hiring decisions, copay reserve calculations, and pricing. Provide financial expertise and support to ensure that these initiatives are financially viable and aligned with the overall goals of the PSP BU.
• Continuous Improvement: Continuously seek opportunities to improve financial processes and systems. Implement best practices and leverage technology to enhance the efficiency and effectiveness of performance management activities.
• Financial Modeling for New Programs: Build multiyear financial models with various assumptions to support decision-making for new PSP programs. These models should account for different…