At a Glance
- Tasks: Lead budgeting and forecasting for clinical trials, ensuring financial accuracy and compliance.
- Company: Join Teva, a top biopharmaceutical company focused on innovation and patient care.
- Benefits: Competitive salary, healthcare insurance, and opportunities for career growth.
- Other info: Collaborative culture that values fresh ideas and offers flexibility.
- Why this job: Make a real impact in healthcare while developing your skills in a dynamic environment.
- Qualifications: Experience in clinical trial finance and proficiency in budgeting tools required.
The predicted salary is between 67500 - 82500 £ per year.
We are seeking a professional with strong expertise and people management experience for the position of Director, Budgets and Forecasting.
About the position
The Director, Budgets and Forecasting provides enterprise oversight of clinical trial budgets and forecasts across GCO and EPIX, establishing standardized budgeting methodologies, assumptions, and governance to ensure consistent, decision-grade financial plans. Serving as the primary intermediary between study teams and Finance counterparts, this role translates operational plans into financial projections, supports budget development and change control, and drives forecast accuracy through cadence-based reviews, variance analyses, and proactive risk/issue escalation.
How You'll Spend Your Day
- Budget Governance & Controls: Establish and continuously improve standardized budgeting and forecasting processes, templates, and methodologies. Manage budget governance, approvals, change control, and audit-ready documentation. Ensure compliance with Finance policies, planning timelines, and internal controls while proactively identifying risks and process gaps.
- Study Budget Development & Management: Partner with study teams to develop comprehensive study budgets based on protocols, operational plans, resource needs, and vendor costs. Oversee budget versions, validate assumptions, and manage approvals throughout the study lifecycle. Assess financial impacts of study changes and maintain up-to-date financial plans.
- Forecasting & Financial Analysis: Lead regular forecasting cycles across the portfolio. Analyze budget versus actual performance, identify variance drivers, and recommend corrective actions. Deliver executive-level financial insights, highlighting risks, opportunities, and key financial implications to support strategic decisions.
- Stakeholder Collaboration: Serve as the primary liaison between study teams and Finance. Align stakeholders on budget and forecast decisions, resolve cross-functional issues, and ensure effective communication. Coach study teams on financial planning best practices, cost drivers, and documentation requirements.
- Reporting & Continuous Improvement: Maintain dashboards and reporting tools that track budget health, forecasting accuracy, and performance trends. Own and ensure the quality of Auxilius financial data and reporting inputs. Drive process improvements, standardization, data quality enhancements, and system optimizations. Support compliance, audits, and inspection readiness through robust financial documentation and controls.
Qualifications:
- Experience supporting clinical development portfolios and/or clinical trial finance (e.g., study budgets, vendor/CRO spend, accruals).
- Proficiency with budgeting/forecasting and reporting tools (e.g., planning systems, ERP, and advanced Excel); experience with dashboarding/BI tools a plus.
- Experience driving standardization of financial processes across multiple teams/functions and delivering measurable improvements in forecast accuracy and cycle time.
- Prior experience leading through influence (without direct reports), facilitating decision forums, and mentoring others on budgeting/forecasting best practices.
We’re Teva, a leading innovative biopharmaceutical company, enabled by a world-class generics business. Whether it’s innovating in the fields of neuroscience and immunology or delivering high-quality medicine worldwide, we’re dedicated to addressing patients’ needs now and in the future. Here, you will be part of a high-performing, inclusive culture that values fresh thinking and collaboration. You'll have the room to grow, the flexibility to balance life with work, and the opportunity to better health worldwide, together.
Dynamic and challenging work environment in one of the world leading pharmaceutical companies and the biggest pharmaceutical company in Bulgaria. Competitive remuneration bound with performance. Additional healthcare insurance. Additional benefits according to the company policy. Opportunity for future career development.
Director, Budgets and Forecasting in Liversedge employer: Teva Pharmaceutical Industries
At Teva, we pride ourselves on being a leading biopharmaceutical company that fosters a high-performing and inclusive culture. As the Senior Director, Site Finance Lead in Runcorn, you'll enjoy generous benefits, flexible working arrangements, and a strong focus on employee growth through our Twist career development platform. Join us to make a meaningful impact on global health while thriving in a supportive environment that values collaboration and innovation.
Contact Details:
Teva Pharmaceutical Industries Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Director, Budgets and Forecasting in Liversedge
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
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Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Teva Pharmaceutical Industries. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Teva Pharmaceutical Industries.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Teva Pharmaceutical Industries. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Director, Budgets and Forecasting in Liversedge
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Teva Pharmaceutical Industries and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Teva Pharmaceutical Industries how you can be a team player!
How to prepare for a job interview at Teva Pharmaceutical Industries
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Teva Pharmaceutical Industries.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with Teva Pharmaceutical Industries's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
