What are the responsibilities and job description for the Finance Manager, Life Sciences position at Alvarez & Marsal?
Description
Alvarez & Marsal (A&M) is a premier independent global professional services firm specializing in providing turnaround management, restructuring, performance improvement, and corporate advisory services.
At A&M, the Life Sciences practice provides a broad range of services for our clients who are operating in an industry with high risks and rewards. We understand the urgency of their business and put our expertise to work when they need it most - when there are no second chances, company futures are on the line, and past attempts must now succeed. When time is of the essence, our clients turn to us - trusting we have the experience and solutions to help them reach their goals. Goals like successfully navigating financial constraints, maximizing a key product launch to ensure that patients can access the medicines they need, or effectively scaling during periods of rapid growth. Come be part of a team that is making an impact on the lives of so many. Join us in making a difference.
What are we looking for?
We are seeking a Finance Manager to join our team. This position is an internal role within A&M's Life Sciences operations team, reporting directly to the Managing Director of Finance for Life Sciences.
We value a healthy work-life balance and promote in-person collaboration by providing a flexible hybrid work arrangement with 1 day per week in the office and 4 days remote. You can choose to be based in one of our offices in Dallas, Houston, or New York City.
We offer excellent opportunities for career advancement and building leadership skills. Our practice is committed to each team member's development, training, and exposure to industry leaders.
What will you be doing?
As a Finance Manager, you'll be the backbone of ensuring financial stability and growth for our practice, helping us thrive and achieve our goals. The Finance Manager will help facilitate and support all finance functions of the Life Sciences practice, which broadly include strategic planning and budgeting, financial management, and compensation. Your primary responsibilities will include :
- Partner with the Life Sciences operations and leadership team to prepare our annual budget and continual forecasts
- Liaise with our corporate finance organization to obtain data and analysis in a timely and efficient manner
- Proactively monitor P&L activity, providing variance analyses on spending and collections relative to budget
- Identify drivers for financial stability and suggest creative solutions to improve performance
- Work with project engagement leaders to monitor accuracy and timeliness of client billing, collections of receivables, and support year-end collection activities
- Support the practice in the annual year-end compensation process
- Recommend, develop, and assist with implementation of new processes and tools to improve effectiveness and efficiency
- Provide direction to leadership on effective means of communicating key issues to the practice and firm
- Assist in preparing materials used in periodic leadership meetings
- Coordinate with other business units within A&M to understand firm benchmarks and share or adopt best practices for Life Sciences
- Complete ad-hoc financial projects
What background and experience will contribute to your success?
The ideal candidate will be excited about becoming a true strategic partner for our practice. We are looking for people who are personable, knowledgeable, entrepreneurial, and fun. A unique blend of qualities that cannot be fast-tracked into existence. You possess desirable qualities such as being anticipatory, engaged, and respectful, which earns the respect of others. Other preferred experience includes :
If you see yourself in this description, we want to hear from you!
How will you grow and be supported?
Our team prides itself on sustaining a culture that reflects our core values. We value integrity, quality, and objectivity in our work. We believe every day is a choice, and so we like what we do and with whom we do it. We embrace diversity, foster inclusiveness, and reward merit. We encourage and support our employees and communities through ongoing investments from leadership, social and networking events, peer-to-peer networks, Employee Resource Groups, volunteer opportunities, and pro-bono work. We are committed to promoting an inclusive environment in which all can develop, grow, and be supported.
Compensation Statement :
The annual base salary range is $110,000 to $135,000 commensurate with experience. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.
Benefits Summary :
Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings' fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined from time to time as well as a 401(k) retirement plan. Provided the eligibility requirements are met, employees will also receive a discretionary contribution to their 401(k) from Alvarez & Marsal. Click here for more information regarding A&M's benefits programs.
Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.
LI-KG1
Salary : $110,000 - $135,000
