Finance Manager, R&D Global

Working

Location:

Massachusetts, Westborough;
Pennsylvania, Center Valley

Workplace Flexibility:

Hybrid

This role is responsible for providing business partnership to R&D global R&D Leaders (GIET and Others) as well as enhancing R&D financial processes, strengthening business cases and enabling efficient decision-making at the global basis. The incumbent will possess the ability to drive financial analysis and strategic insights to prioritize the related R&D portfolio to achieve Olympus’s long-term strategic and financial aspirations, and ensure that the same prioritized R&D portfolio is executed successfully on-time and within budget.

The incumbent will be responsible for the R&D Function global costs of the same technology organizations totalling 100+ Oku annually spanning over 50 projects from standpoint of tracking/reporting, and budget/forecasting.

• Drive successful achievement of the budgets for gross R&D spend for global R&D portfolios (GIET, AEI, Innovation, etc) in partnership with Global R&D leadership teams through effective forecast, actual tracking and control process.
• Lead the annual budget and LRP of R&D gross/net spend and develop the budget that supports the execution of strategic priorities and comply with the Targets.
• Develop the mitigation plan with business partners in case of foreseen shortfall vs. short term or long term financial commitment.
• Support the global governance of investment portfolio covering 50+ projects through: gPAB (Global Project Approval Board) and SBP (Strategic Business Planning). Provide key Finance observations and recommendations for initiatives presented in PABs and SBPs to optimize decision-making process of the Approval Board Members.
• Build and maintain complex financial simulations (P&L and Cash) that helps business partners in validating the financial viability of the proposed strategic investment portfolio in partnership with cross-functional teams, inclusive of revenue projections in partnership with Business Unit & Strategy teams.
• Work with accounting to ensure the proper capitalization of R&D investment, review capitalization balance periodically and develop comprehensive model to pressure test the capitalization balance to minimize any impairment.
• Provide the necessary finance support to ensure timely launch of projects critical to strategic sales growth.
• Proactively increase rigor and enhance processes to create standardization, efficiency, and better global communication, in partnership with Portfolio R&D global leaders.
• Lead and/or assist with ad hoc tasks and projects as needed.

Required:

• Bachelor’s degree in Finance, Accounting, Business Administration.
• Minimum of 8 years of experience in Finance, FP&A, R&D Finance, or Process Improvement roles in large global company.
• Proven experience improving financial processes, systems, or workflows.
• Strong understanding of budgeting, forecasting, cost tracking, and financial controls.
• Must possess ability to proactively assess and improve current processes.
• Must have prior Portfolio Finance experience with proven strategic business partnership skills.
• Ability to manage multiple initiatives deadlines and priorities in a fast-paced ever-changing and evolving work environment.
• Proficiency with ERP systems and financial tools; strong Excel and data-analysis capability.
• Exhibits emotional intelligence to gain engagement and influence key stakeholders.

We offer a holistic employee experience supporting personal and professional well-being through meaningful work, equitable offerings, and a connected culture.

Equitable Offerings you can count on:

• Competitive salaries, annual bonus and 401(k)
  * with company match
• 24/7 Employee Assistance Program
• Free live and on-demand Wellbeing Programs
• Generous Paid Vacation and Sick Time
• Paid Parental Leave and Adoption Assistance*
• 12 Paid Holidays
• On-Site Child Daycare, Café, Fitness Center**

Connected Culture you can embrace:

• Work-life integrated culture that supports an employee centric mindset
• Offers onsite, hybrid and field work environments
• Paid volunteering and charitable donation/match programs
• Employee Resource Groups
• Dedicated Training Resources and Learning &…