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For Companies At a Glance
- Tasks: Support the Diagnostics business unit with finance reporting, analysis, and strategic planning.
- Company: Biosynth® is a global leader in life sciences reagents and custom manufacturing services.
- Benefits: Enjoy hybrid working, a dynamic team environment, and opportunities for professional growth.
- Why this job: Join a mission-driven company that values innovation and quality in the life sciences sector.
- Qualifications: University degree in Business/Accounting and 5+ years in FP&A; SAP experience preferred.
- Other info: This role requires your own transport to our Compton site.
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).
- +5yrs 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 and its key players. Understanding their goals and challenges will help you build rapport and demonstrate your commitment to supporting their strategic vision.
✨Tip Number 2
Brush up on your SAP skills, as this role involves working closely with the SAP ecosystem. Being able to navigate and extract data efficiently will set you apart from other candidates.
✨Tip Number 3
Showcase your analytical skills by preparing examples of how you've successfully monitored performance indicators and implemented gap-closing measures in previous roles. This will highlight your ability to drive focus on P&L efficiency.
✨Tip Number 4
Network with professionals in the life sciences and diagnostics sectors. Engaging with industry peers can provide valuable insights and potentially lead to referrals that could enhance your application.
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 SAP proficiency and financial reporting. 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.
Showcase Your Analytical Skills: In your application, provide examples of how you've successfully analysed financial data or improved reporting processes in past roles. This will demonstrate your capability to handle the responsibilities outlined in the job description.
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. Familiarise yourself with their products, services, and recent developments. This will help you demonstrate your genuine interest in the role and how you can contribute to their strategic vision.
✨Showcase Your Financial Acumen
Be prepared to discuss your experience with financial reporting, analysis, and forecasting. Highlight specific examples where you've successfully monitored performance indicators or implemented budget cycles. This will show that you have the skills necessary to support the financial needs of the business unit.
✨Emphasise Interpersonal Skills
Given the collaborative nature of this role, it's crucial to showcase your interpersonal and communication skills. Prepare examples of how you've built strong working relationships with commercial and operational teams in previous roles, as this will be key to your success in the position.
✨Prepare for Technical Questions
Since the role involves working with SAP and large data sets, be ready to answer technical questions related to these areas. Brush up on your knowledge of ERP systems and data analysis tools like Power BI, as this will demonstrate your capability to handle the technical aspects of the job.
