Head of Established Brands - SPC in Hemel Hempstead

Head of Established Brands - SPC in Hemel Hempstead

Hemel Hempstead Full-Time 80000 - 100000 £ / year (est.) Home office (partial)
Recordati

At a Glance

  • Tasks: Lead the optimisation of a diverse portfolio of over 450 established brands in the pharma industry.
  • Company: Join a dynamic and innovative company focused on Specialty and Primary Care.
  • Benefits: Competitive salary, travel opportunities, and a chance to make a real impact.
  • Other info: High mobility required, with regular travel across Europe.
  • Why this job: Shape the future of established brands and drive profitability in a collaborative environment.
  • Qualifications: 10+ years in pharma with strong analytical and project management skills.

The predicted salary is between 80000 - 100000 £ per year.

This is an exciting opportunity to have a key impact and directly contribute to the overall financial health and profitability of a large Specialty and Primary Care portfolio, being part of a lean structure where you drive best-in-class portfolio optimization and key business decisions.

The Head of Established Brands works autonomously and is responsible for optimizing the portfolio, with Ebitda ratio versus Net Revenue being the main focus, by identifying and executing opportunities for rationalization, simplification and improved performance in collaboration with relevant stakeholders such as affiliates, industrial operations and corporate development.

The Established Brands portfolio is the core of our successful SPC business, comprising over 450 brands and delivering approximately 1B EUR gross sales, with top 10 markets representing approximately 85% of the total revenue. Whilst all markets have established brands in their portfolio, the mix and performance drivers vary significantly. Therefore, brands cannot be uniformly classified by archetype or band performance, highlighting the importance of strong, collaborative relationships with individual markets to challenge and support the different approaches to their local portfolios.

Key Responsibilities
  • SKU rationalization: systematically assess performance (contribution, margin, cost, strategic fit) per SKU and provide recommendations for discontinuation based on aligned criteria.
  • Simplification: in collaboration with the markets and Industrial Operations, optimize the Established Brand portfolio through reducing complexities such as multiple formulations or pack sizes to improve manufacturing and supply chain efficiency.
  • COGS improvement: explore, recommend, and execute relevant opportunities such as renegotiation of terms, change of supplier and internalizing or externalizing production in collaboration with industrial operations.
  • Expansion and LCM: assess opportunities for geographic expansion of core assets within the territory including LCM initiatives to drive growth and/or profitability.
  • Commercial Effectiveness Improvement: Identify opportunities for sales improvement in Established Brands, including local 'growth' brands that strategically fit and/or deliver higher margins.
  • Ensure appropriate commercial strategies, including A&P allocation, optimized sales force promotional efforts, use of digital channels and new commercial frameworks.
  • Lead the Established Brand Network; facilitate sharing of best practices, commercial strategies, promotional and educational materials and build digital capabilities for Established Brands that are promoted across multiple markets.
  • Optimize Pricing & Access: collaborate with affiliates and HQ Pricing & Access team to ensure timely knowledge of local pricing events and appropriate strategies and responses aligned with company policy.
  • Establish a Metric and Decision framework: define metrics such as revenue growth, margin improvement and MS evolution to evaluate and prioritize products and track impact of taken measures to ensure they achieve desired outcomes.
Other
  • Internal alignment: ensure cross‐functional teams (commercial, regulatory, medical, supply chain) are aligned on and aware of portfolio management decisions.
  • Alliance management: be the commercial point of contact in key partnerships on product, licence and API level and continuously scout for opportunities that may benefit our portfolio, including contract negotiations and JSC delivery.
Required Skills and Experience
  • 10+ years in pharma industry, in both local and regional/global commercial roles.
  • 3+ years managing/working with Gx and/or products post‐patent expiration.
  • Hands‐on in portfolio optimisation, including P&L improvement and SKU rationalisation.
  • Managing P&L, cost optimisation and revenue forecasting.
  • Familiarity with strategic decision‐making in resource allocation across multiple brands.
  • Proven ability to effectively work in matrix organisations and across diverse teams including commercial, industrial operations, regulatory, supply chain and finance on regional level.
Key Skills
  • Strong analytical skills with high level of accuracy and ability to analyse market data, evaluate product performance and identify opportunities for optimisation and/or growth.
  • Ability to navigate complex organisational structures and align diverse teams.
  • Strong project management skills to oversee initiatives like product rationalisation of market expansion, involving relevant stakeholders and deliver according plan.
  • Proficiency in streamlining processes, reducing costs and ensuring supply chain efficiency for established brands portfolio.
  • Ability to thrive in a dynamic environment with shifting conditions and priorities, bringing strong problem‐solving skills to address unexpected challenges and hurdles.
Required Behaviours And Competencies
  • Business acumen & Analytical thinking
  • Curiosity & Challenging the status quo
  • Resilience & Adaptability
  • Problem‐solving & Perseverance
  • Collaboration and Communication
Required Languages
  • Fluency in English is required; knowledge of any additional language will be considered a plus.
Travel required in %

This role can be based anywhere in Europe. However, it requires high mobility, with regular travel (>30% of the time) to our Headquarters in Milan and other EU affiliates.

Equal Opportunity Information

We are proud to be an equal opportunity employer. We recruit, develop and reward without regard to, amongst others, gender, sexual orientation, gender identity or expression, national origin, age, physical or mental ability, race, ethnicity, political or religious belief.

Head of Established Brands - SPC in Hemel Hempstead employer: Recordati

As a leading player in the pharmaceutical industry, we offer an exceptional work environment that fosters collaboration and innovation. Our commitment to employee growth is evident through our focus on professional development and the opportunity to work with a diverse range of stakeholders across Europe. With a strong emphasis on work-life balance and a culture that values curiosity and adaptability, we empower our employees to make a meaningful impact on our Established Brands portfolio while enjoying the unique advantages of working in a dynamic, multinational setting.

Recordati

Contact Details:

Recordati Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Head of Established Brands - SPC in Hemel Hempstead

Tip Number 1

Network like a pro! Reach out to industry contacts on LinkedIn or at events. A friendly chat can lead to opportunities that aren’t even advertised yet.

Tip Number 2

Prepare for interviews by researching the company and its portfolio. Show us you know your stuff about Established Brands and how you can optimise them!

Tip Number 3

Practice your pitch! Be ready to explain how your experience aligns with the role. We want to hear how you can drive profitability and improve performance.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take that extra step.

We think you need these skills to ace Head of Established Brands - SPC in Hemel Hempstead

Portfolio Optimisation
P&L Management
SKU Rationalisation
Cost Optimisation
Revenue Forecasting
Analytical Skills
Project Management

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Head of Established Brands role. Highlight your experience in portfolio optimisation and P&L management, as these are key for us.

Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for this role. Share specific examples of how you've driven growth or improved performance in previous positions, especially in the pharma industry.

Showcase Your Analytical Skills:Since strong analytical skills are crucial for this position, include instances where you've successfully analysed market data or evaluated product performance. We want to see your problem-solving prowess!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity!

How to prepare for a job interview at Recordati

Know Your Numbers

As the Head of Established Brands, you'll need to demonstrate a strong grasp of financial metrics. Brush up on your understanding of Ebitda ratios and how they relate to net revenue. Be ready to discuss specific examples from your past experience where you've successfully optimised portfolios or improved P&L.

Showcase Your Collaborative Spirit

This role requires working closely with various stakeholders. Prepare to share instances where you've effectively collaborated across teams, especially in matrix organisations. Highlight how you navigated complex structures to achieve common goals, as this will resonate well with the interviewers.

Be Ready for Problem-Solving Scenarios

Expect to face questions that assess your problem-solving skills. Think of challenges you've encountered in portfolio optimisation or SKU rationalisation and how you tackled them. Use the STAR method (Situation, Task, Action, Result) to structure your responses clearly.

Demonstrate Your Analytical Skills

Analytical thinking is crucial for this position. Prepare to discuss how you've analysed market data and evaluated product performance in the past. Bring examples of how your insights led to actionable strategies that improved sales or reduced costs, showcasing your ability to drive results.