What are the responsibilities and job description for the Vice President of Finance position at Nivagen Pharmaceuticals?

Job Description

About the Company :

Nivagen is a global pharmaceutical company based in Sacramento, California, committed to improving lives through the development and delivery of affordable generic prescription drugs and over-the-counter products for the North American market. For over a decade, Nivagen has adhered to its core values of excellence, integrity, and respect, focusing on innovation in manufacturing, distribution, and quality control to redefine medication accessibility and affordability.

The company operates a state-of-the-art sterile manufacturing facility in California, capable of producing sterile IV bags, injectable products (vials, prefilled syringes, cartridges), and ophthalmics. Nivagen's portfolio includes generics, specialty drugs, 505(b)(2) products, and 503B compounding services for institutional channels, ensuring high-quality and cost-effective solutions for patients.

Backed by Telegraph Hill Partners (THP), a healthcare-focused equity firm managing over $1 billion, Nivagen benefits from strategic support and investment expertise. THP has a proven track record of fostering growth in leading life science companies such as AcroMetrix (acquired by Life Technologies), Agena Bioscience (acquired by Mesa Labs), Althea Technologies (acquired by Ajinomoto), Ambion (acquired by Applied Biosystems), Applied Precision (acquired by GE), Asuragen (acquired by Boitechne), Dharmacon (acquired by Thermo Fisher), NEXUS Biosystems (acquired by Brooks Automation), Nimble Therapeutics (acquired by AbbVie), Precision Nanosystems (acquired by Danaher), Verogen (acquired by Qiagen), SAGE Labs (acquired by Horizon Discovery Group), and SwitchGear Genomics (acquired by Active Motif).]. Through cutting-edge technology, vertical integration, and investment in its workforce, Nivagen remains dedicated to its mission of delivering high-quality, affordable medications while upholding the highest standards of integrity and excellence.

About the Job :

Job Location : Nivagen Pharmaceuticals Inc., Company headquarters in Sacramento, CA
Title of the Position : Vice President (VP) of Finance
Reporting To : Company's CEO.

Duties and Responsibilities :

General Responsibilities :

The VP of Finance will :

Report directly to the Chief Executive Officer (CEO) and oversee all financial aspects of a high-growth business.

Participate in strategic planning, evaluation, and professional development initiatives.

Provide leadership and support across Operations, Information Technology, Sales Support, and Human Resources.

Develop and implement managerial tools, controls, and processes (e.g., budgets, metrics, performance objectives) to enhance productivity and efficiency.

Analyze capital allocation strategies to maximize return on investment.

Optimize company resources to streamline operations and reduce inefficiencies.

Specific Responsibilities :

The successful candidate will :

Lead and assist in achieving the organization's mission and executing growth plans.

Ensure sufficient cash flow to meet operational needs.

Oversee fiscal and operating reporting activities and systems.

Manage accounting, financial planning, purchasing, payroll, accounts receivable, and accounts payable functions.

Implement internal controls to safeguard organizational assets.

Build relationships with banks and lenders and lead fundraising efforts as needed.

Train staff to improve financial management awareness and capabilities.

Oversee the organization's banking activities and manage the audit process.

Communicate effectively with the Board of Directors and investors.

Provide monthly and real-time key metric reports, financial statements, and cash flow projections.

Oversee business insurance plans and healthcare coverage analysis.

Maintain inventory records for all fixed assets.

Expertise Required :

The ideal candidate will have :

At least 5 years of experience as a senior finance leader in a high-growth manufacturing organization (e.g., contract manufacturing or life sciences).

Public accounting experience as a CPA (past certification acceptable).

Experience with capital raising processes (equity / debt).

Strong ethics, integrity, and consistent decision-making aligned with company values.

Analytical and problem-solving skills with high intelligence.

Proven ability to implement corporate objectives in a fast-paced environment.

Experience with private equity or venture-backed companies.

Demonstrated success in generating shareholder value.

Negotiation skills for large contracts and partnerships.

Expertise in standardizing and scaling processes for compliance and efficiency.

Functional experience in financial reporting, FP&A, ERP, IT, HR, and capital raising.

Proficiency in cost accounting, labor analysis, and capacity modeling.

Skills in preparing financial statements with minimal audit adjustments.

Capability to evaluate and implement various pricing and business models.

Experience serving as the "deal desk" for sales activity.

Proven ability to recruit top talent within budgetary constraints.

Hands-on management style with team-building and motivational abilities.

Personality Traits :

The ideal candidate will exhibit :

Proactive initiative and perseverance to drive meaningful change.

High energy and a team-oriented attitude.

Adaptability and resourcefulness.

A sense of humor and an ability to bring out the best in the team.

A positive outlook, balanced with pragmatism and objectivity.

Openness to giving and receiving feedback without ego.

Compensation :

Competitive base salary.

Bonus and incentive stock options.

Comprehensive benefits package.

Additional Information :

Nivagen to afford equal opportunity for employment to all individuals regardless of race, color, age, national origin, physical or mental disability, history of disability, ancestry, citizenship status, political affiliation, religion, gender, transgender, gender identity, marital status, status as a parent, sexual orientation, veteran status, genetic information or other factors prohibited by law, and to prohibit harassment or retaliation based on any of these factors.

We are focused on building a diverse and inclusive workforce. If you're excited about this role, but do not meet 100% of the qualifications listed above, we encourage you to apply.

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