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For Companies At a Glance
- Tasks: Support the Diagnostics business unit with financial analysis and reporting.
- Company: Biosynth® is a global leader in life sciences reagents and manufacturing services.
- Benefits: Enjoy a hybrid work model and opportunities for professional growth.
- Why this job: Join a dynamic team driving innovation in the life sciences sector.
- Qualifications: Degree in Business/Accounting and 5+ years in FP&A required.
- Other info: Experience with SAP and Power BI is a plus.
The predicted salary is between 43200 - 72000 £ per year.
We take great pride in our vast range of chemical and biochemical products and our high standards can only be maintained through great people who share our values and desire to do the very best job possible every day.
Main Purpose of the Job
This position will be responsible for providing direct support to the Diagnostics business unit. Although based in Compton, the role will also support our sites in the US (Gardner & Louisville), Lelystad (Netherlands), Dublin (Ireland) and Staad (Switzerland). The role will be the key point of contact for the commercial & operational teams of the division. The person will be instrumental in the strategic vision of our Diagnostics business unit and support their day-to-day business matters as well as long term projects.
Main accountabilities and responsibilities
- Establishing a strong working relationship with the business unit commercial and operational teams.
- Instigating a regular finance reporting & analysis cadence.
- Developing a rigorous understanding of customer and product profitability.
- Working with the financial accounting and commercial teams to provide month-end reporting packages including in-depth understanding of performance drivers and KPIs.
- Monitor performance indicators, highlighting trends, analyse variances and support gap closing measures.
- Implement and lead the regular forecasting/budget cycle for the Life Sciences business unit.
- Provide the group finance team a clear understanding and trajectory of the division.
- Provide robust challenge to the business during planning processes.
- Lead the capex process in close collaboration with operational teams.
- Support Diagnostics business plans as needed.
- Supporting further development of the SAP ecosystem alongside the IS team to improve speed and accuracy of reporting.
- In tandem with the wider FP&A team support data download, analysis and improvement of offline reporting tools.
- Work closely with the business to assist in the control and optimization of inventory levels working capital overall.
- Champion finance throughout the wider organisation.
- Deliver a high-quality finance provision leading to high levels of trust of finance within the business.
Key deliverables
- Ensure consistency and accuracy of key business planning deliverables.
- Provide accurate gross margin reporting to understand customer and product profitability and identify commercial opportunities.
- Drive focus on P&L efficiency and Cash Conversion rate.
- Financial reporting (monthly).
- Half-year forecast and Budget.
- Cashflow forecast (monthly).
Essential Candidate Requirements
- University degree in Business and/or Accounting.
- Professional accounting qualification (ie ACCA/CIMA) + 5 years working in a FP&A/Group environment.
- Understanding of working in a complex divisional structure international business.
- An understanding of manual ERP data mining.
- Solid interpersonal and communication skills in a senior management environment.
- Day to day experience of SAP.
- Comfortable extracting and working with large data sets.
- Positive attitude, capable, energetic, analytical with a solid understanding of accounting.
- Fluent English speaking.
- Need to understand group business processes.
Desirable Candidate Requirements
- Power BI experience.
- Experience in a PE portfolio company.
- Knowledge in Pharmaceutical/Bio-Tech/Medical Device.
This role is offered on a hybrid basis, working from our site in Compton, Berkshire - you will need your own transport to be able to get to our site.
About us
Biosynth® is an innovative life sciences reagents, custom synthesis and manufacturing services company headquartered in Staad, Switzerland. We are by scientists, for scientists, securing supply chains with consistent quality, across the globe. As a trusted supplier, manufacturer and partner to the pharmaceutical, life science and diagnostic industries, as well as food, agrochemical and cosmetic customers, we have facilities on three continents and a rapid global distribution network. Our main production laboratories are located in Switzerland, the UK, Slovakia and China, with peptide and antibody production in the US, the UK and the Netherlands. Enzyme projects are based in Austria, bioconjugation projects in Germany and biological IVD reagents in Ireland.
Recruitment agencies - we are unable to accept unsolicited CVs and communications from external recruiters. We do not use recruitment agencies to recruit for our roles.
FP&A Manager - Diagnostics employer: Biosynth
Contact Detail:
Biosynth Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land FP&A Manager - Diagnostics
✨Tip Number 1
Familiarise yourself with the Diagnostics business unit's operations and key performance indicators. Understanding their specific challenges and goals will help you engage more effectively during interviews and demonstrate your commitment to supporting their strategic vision.
✨Tip Number 2
Network with current or former employees of the company, especially those in finance or FP&A roles. They can provide valuable insights into the company culture and expectations, which can help you tailor your approach when discussing your fit for the role.
✨Tip Number 3
Brush up on your SAP skills and be prepared to discuss how you've used ERP systems in previous roles. Highlighting your experience with data mining and reporting tools will show that you're ready to contribute from day one.
✨Tip Number 4
Stay updated on trends in the pharmaceutical and biotech industries. Being knowledgeable about current developments can help you articulate how your skills and experiences align with the company's goals and the broader market landscape.
We think you need these skills to ace FP&A Manager - Diagnostics
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in FP&A and any specific skills mentioned in the job description, such as financial reporting, budgeting, and SAP proficiency. Use keywords from the job listing to ensure your application stands out.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also demonstrates your understanding of the Diagnostics business unit. Mention how your previous experiences align with their goals and values, and express your enthusiasm for the role.
Showcase Your Analytical Skills: In your application, provide examples of how you've successfully analysed financial data or improved reporting processes in past roles. Highlight any experience with large data sets and tools like Power BI, as these are valuable for this position.
Highlight Interpersonal Skills: Since the role involves working closely with commercial and operational teams, emphasise your strong communication and relationship-building skills. Provide examples of how you've collaborated with different departments to achieve common goals.
How to prepare for a job interview at Biosynth
✨Understand the Business Unit
Before your interview, take the time to research the Diagnostics business unit thoroughly. Understand their products, market position, and recent developments. This will help you demonstrate your genuine interest and ability to contribute strategically.
✨Showcase Your Financial Acumen
Be prepared to discuss your experience with financial reporting, analysis, and forecasting. Highlight specific examples where you've successfully driven P&L efficiency or improved cash conversion rates, as these are key deliverables for the role.
✨Demonstrate Interpersonal Skills
Since this role involves working closely with commercial and operational teams, be ready to showcase your interpersonal and communication skills. Share examples of how you've built strong relationships in previous roles and how you can champion finance within the organisation.
✨Familiarise Yourself with SAP and Data Analysis
Given the emphasis on SAP and data mining in the job description, ensure you can discuss your experience with these tools. Be ready to explain how you've used large data sets to drive decision-making and improve reporting accuracy.
