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(Senior) Finance Manager

Ascendis Pharma
Munich, ND Full Time
POSTED ON 12/22/2024 CLOSED ON 1/29/2025

What are the responsibilities and job description for the (Senior) Finance Manager position at Ascendis Pharma?

As the Senior Finance Manager for the operations, you will play a crucial role in overseeing and managing financial aspects of our business in Germany, Austria and Switzerland, and potentially other countries. Reporting directly to the Commercial Finance Director, Europe I, you will be responsible for ensuring financial integrity, implementing strategic financial initiatives, and providing actionable insights to drive business growth and profitability.

Key Responsibilities:

Work closely with global finance colleagues, and business leaders in several areas including, but not limited to, revenue recognition, cash management; new systems design and implementation; accounting reporting and regulatory compliance.

Finance Operations:

  • Support all accounting operations in the commercial legal entities and drive monthly, quarterly, and year-end closing processes based on IFRS in timely fashion
  • Implement, document, and maintain adequate and effective internal controls and processes to ensure timely and accurate financial reporting
  • Manage the accounting related area including but not limited to account analysis and reconciliation, AP and fixed asset administration, month end close, monthly accrual entries etcc
  • Gross to Net (GTN) and Rebate Process responsibilities
    - Ensure correct rebate and GTN structure in the countries and support booking provisions as needed
    - Review, check and process the sick fund invoices and support issuing credit notes as necessary
    - Review, control and check other potential activities that impact Gross to Net structure
  • P2P process responsibilities
    - Review and monitor purchase orders within the region, provide support to commercial and medical teams
    - Provide OPEX and spending information to the teams as necessary
    - Ensure a solid an accurate month-end, Quarter-end, Year-end process for OPEX in the countries
  • Support reporting and variance analysis activities
  • Drive continuous improvement of financial tools and financial accounting processes that can scale with the company's growth

FP&A:

  • Business support to the forecasting process for the region
  • Work as business partner to the commercial organization in DACH countries
  • Involved in the forecasting process as part of Europe 1 region
  • Work closely with GM and support and provide financial results and forecast

Group Reporting:

  • Interact with Group reporting on technical accounting activities and ensure that group guidelines are followed

Administration/HR/payroll:

  • Ad hoc task in terms of office admin, HR, etc.
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