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Senior Manager, R&D Financial Planning & Analysis

Xenon Pharmaceuticals Inc.
Needham, MA Full Time
POSTED ON 3/8/2025
AVAILABLE BEFORE 4/6/2025
Who We Are:

Xenon Pharmaceuticals ( NASDAQ:XENE ) is a neuroscience-focused biopharmaceutical company committed to discovering, developing, and commercializing innovative therapeutics to improve the lives of people living with neurological and psychiatric disorders. We are looking for great people who thrive in a respectful, collaborative, inclusive, and productive culture to join the Xenon team.

What We Do:

We are advancing an exciting product pipeline to address indications with high unmet medical need, including epilepsy and depression. Our flagship azetukalner program represents the most advanced potassium channel modulator in clinical development for multiple indications. Building upon the positive results and compelling data from our Phase 2b “X-TOLE” study in adult patients with focal epilepsy, our Phase 3 epilepsy program includes multiple clinical trials evaluating azetukalner in patients with focal onset seizures and primary generalized tonic-clonic seizures. In 2024, we are planning to initiate a Phase 3 azetukalner program in major depressive disorder, based on topline data from our Phase 2 “X-NOVA” clinical trial. In addition, we are proud of the leading-edge science coming out of our discovery labs, including early-stage research programs that leverage our extensive ion channel expertise and drug discovery capabilities to identify validated drug targets and develop new product candidates. Backed by a strong balance sheet to support our growth plans, we continue to build a fully integrated, premier neuroscience company with strong discovery, clinical development, corporate, and commercial operations.

About the Role:

We are seeking a Senior Manager, R&D Financial Planning & Analysis to join our growing Financial Planning & Analysis team. The Senior Manager, Financial Planning & Analysis will support the R&D finance function and serve as a business partner to the Research & Development organization. This role will support Xenon’s growing portfolio of development programs by enabling effective financial forecasting, reporting and analysis of operating results to enable sound business decisions. This is a hands-on role which will work cross-functionally across Xenon.

This position reports to the Associate Director, Financial Planning & Analysis and will be based out of our Boston, USA office in Needham, MA.

RESPONSIBILITIES:

  • Serve as financial business partner to the Clinical organization, with a focus on clinical operations to drive effective business decision making; clear understanding of current and future status of ongoing non-clinical studies and clinical trials activities to drive the timely preparation of budgetary, forecast, long-range planning assumptions and cost inputs to the overall planning process, and challenge assumptions to ensure sound financial decisions and to achieve corporate objectives and targets.
  • Supports all budgeting and forecasting initiatives for the Clinical function, including monthly and quarterly reporting of financial results for management and department heads.
  • Partner with CRO to meet internal financial deliverables.
  • Manage the quarterly forecasting process by partnering with Clinical managers to align the forecast with the most current business assumptions.
  • Manage accounting close activities including accruals, audit support, analytics reporting, and collaborate with accounting team.
  • Review and assess proposed financial terms and costs for vendor contracts and support contract negotiations to ensure sound financial decisions.
  • Provide in-depth analysis of business results and explain variances, identify emerging risks and opportunities and regularly communicate findings to the Clinical team.
  • Develop and maintain financial models for clinical studies
  • Assist with developing dashboards and advanced analytics to support decision making; contribute reports for the consolidation of the monthly and quarterly reporting packages
  • Actively develop and maintain collaborative relationships across the company to effectively achieve project/program and Corporate goals.
  • In collaboration with the Associate Director, Financial Planning & Analysis, continuously support and/or optimize processes to increase efficiency, accuracy, and scalability.
  • Act in accordance with Company policies, including, for example, the Code of Business Conduct and Ethics and ensure policies are understood and followed by direct reports, if any.
  • Other duties as required.

QUALIFICATIONS:

  • Bachelor’s Degree or equivalent required.
  • Professional designation (CPA, MBA or CFA) preferred.
  • Minimum of 5-8 years’ related finance and management experience.
  • Biotech experience in a development-stage company or pharmaceutical experience is required.
  • Exceptional financial modelling and analysis skills with strong attention to detail and accuracy.
  • Excellent oral and written communication, leadership, and interpersonal skills as well as the ability to build credibility and trust inside the Company.
  • Excellent analytical and problem-solving skills with sound business judgement, with an ability to constructively challenge assumptions.
  • Experience with Adaptive Planning or similar budgeting software and tools.
  • Excellent organizational skills with the ability to manage concurrent deliverables and work effectively with minimal direction in a challenging, high performance and changing environment.
  • Strong aptitude with financial tools and systems, experience with implementations and system enhancement projects.
  • A hands-on approach to working with R&D groups and other stakeholders across the organization in addressing challenges and developing solutions.

Our Total Rewards program includes base salary, target bonus, and stock options, as well as a full range of benefits including medical, dental, vision, short-& long-term disability, accidental death & dismemberment, and life insurance programs, Employee Assistance Program, travel insurance, and retirement savings programs with company matching contributions.

Xenon encourages time to rest and re-charge through vacation, personal days, sick days, and an end-of-year company shutdown. Xenon highly values employee development and has an expanding Training, Learning & Development program, including a Tuition Assistance program for advanced degrees.

As part of our hiring process, Xenon conducts background checks for finalist candidates. The types of checks conducted will vary depending on the relevance to the position.

US positions only: Xenon Pharmaceuticals USA Inc. participates in the E-Verify program in all states in which we hire. Learn more about the E-Verify program here .

To apply for this position, click Apply Now to complete the application. We thank all applicants for their interest; however, due to the volume of applicants, only those chosen for interview will be contacted.

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Job openings at Xenon Pharmaceuticals Inc.

Xenon Pharmaceuticals Inc.
Hired Organization Address Boston, MA Full Time
Who We Are: Xenon Pharmaceuticals ( NASDAQ:XENE ) is a neuroscience-focused biopharmaceutical company committed to disco...
Xenon Pharmaceuticals Inc.
Hired Organization Address Boston, MA Full Time
Who We Are: Xenon Pharmaceuticals ( NASDAQ:XENE ) is a neuroscience-focused biopharmaceutical company committed to disco...
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Hired Organization Address Boston, MA Full Time
Who We Are: Xenon Pharmaceuticals ( NASDAQ:XENE ) is a neuroscience-focused biopharmaceutical company committed to disco...
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