Lilly Financial Associate in United States
At Lilly, we unite caring with discovery to make life better for people around the world. We are a global healthcare leader headquartered in Indianapolis, Indiana. Our 39,000 employees around the world work to discover and bring life-changing medicines to those who need them, improve the understanding and management of disease, and give back to our communities through philanthropy and volunteerism. We give our best effort to our work, and we put people first. We’re looking for people who are determined to make life better for people around the world.
At Lilly, we’re inspired to make a difference in people’s lives every day – through the discovery of life-changing medicines, better understanding of disease management and support for people living with illness and their families and friends. Our work today – from our research programs to our volunteer initiatives – is a reflection of our heritage of uniting caring with discovery to make life better for people around the world.
At Lilly Canada, our elite Pricing and Finance teams of passionate, top tier professionals are dedicated to making life better for all Canadians by ensuring access without barriers, to our Lilly medicines.
The pharmaceutical industry is a complex, rapidly changing environment and we are looking for highly capable people to help us accomplish our mission!
The Financial Associate will be responsible for pricing and financial processes to ensure that decisions are executed flawlessly at Lilly Canada. The Financial Associate will also lead the Lilly Canada’s budget and provide financial guidance to budget holders for an affiliate function. The Financial Associate will report to the Pricing and Financial Planning Manager. You will be a crucial part of a team that manages pricing and finance responsibilities for Lilly Canada.
Strategic Pricing & Pricing Operations
a. Pricing Operations and Contracting
Manage pricing compliance requirements locally and globally including PMPRB reporting, monitoring and issues management
Coordinate the price change process including external communication with public and private payers
Lead the rebate accruals process, ensuring timely and accurate accounting, reporting and rebate accrual true-up process
Responsible for managing the rebate invoice payment process from beginning to end including gathering the invoices, reconciling the data, receiving approval and processing payments
Analyze the accrual and rebate processes frequently in order to ensure accuracy of affiliate accruals
Resolve issues related to invoicing and payments by connecting to payer representatives if needed
Lead RFP and tendering processes by ensuring contract documentation requirements are followed and contract approval governance is in place requirements and process
b. Pricing Analytics
Provide both technical and analytical expertise as a central resource for Pricing function within a collaborative team environment
Analyze price levels, investigate the reasons of fluctuations through cross-functional partner discussions and present deviations to Pricing and Financial Planning Manager monthly
Develop analytics and financial modelling capability to support pricing and contract negotiation strategy with payers
Financial Planning and Analysis
a. Financial & Strategic Operations
Demonstrate a keen interest or deep understanding about the business and budget management to manage OPEX actuals to plan
Exemplify high integrity, fiscal responsibility and business ownership
Collaborate closely with the Functional Leaders, guiding leaders for making strategic trade-offs
Develop analysis to inform business cases and projects across the affiliate
b. Forecasting & Annual Business Planning Process for the Assigned Portion of the Budget
Lead the quarterly forecasting and annual business planning process by collecting insights from budget holders and running analysis to forecast the budget needs required for upcoming months/quarters
Thoroughly assess, challenge and recommend action on the strategic direction and financial submissions
Ensure accuracy and timeliness of multiple Excel and SAP submissions
c. Monthly Reporting & Accounting Support
Prepare financial variances for month, quarter and YTD results providing understanding of business drivers and risks
Co-create monthly financial presentations and present financial results to senior leadership in a clear and concise manner
Manage the account reclassifications and account reconciliations including accruals
Bachelors’ Degree or equivalent (MBA or MSc in Finance or Economics is preferred)
Able to think critically, innovatively and possess strong business acumen
Excellent quantitative technical ability, highly capable in Microsoft Excel and learning agility for new systems
Ability to work well with multiple or competing deadlines while maintaining meticulous attention to detail
Strong written and oral communication skills
Proven problem-solving skills with Bias for action and ability to influence without authority
1-3 years of experience preferably in finance or planning/budgeting role
Ability to document, plan, market, and execute programs
Action-oriented and demonstrated by managing complex projects in a fast-paced environment with changing and/or competing priorities
Bilingual (English / French)
Eli Lilly and Company, Lilly USA, LLC and our wholly owned subsidiaries (collectively “Lilly”) are committed to help individuals with disabilities to participate in the workforce and ensure equal opportunity to compete for jobs. If you require an accommodation to submit a resume for positions at Lilly, please email Lilly Human Resources ( LillyRecruitingCompliance@lists.lilly.com ) for further assistance. Please note This email address is intended for use only to request an accommodation as part of the application process. Any other correspondence will not receive a response.
Lilly does not discriminate on the basis of age, race, color, religion, gender, sexual orientation, gender identity, gender expression, national origin, protected veteran status, disability or any other legally protected status.
At Lilly we strive to ensure our employees are part of a team that cares about them and our shared purpose of making life better for those around the world. How do we do this? We continue to look for ways to include, innovate, accelerate and deliver while maintaining integrity, excellence and respect for people. We hope that you seek to join us on our journey as we create medicine and deliver improved outcomes for patients across the globe!