Ferring Pharmaceuticals

Finance and supply chain director

Ferring Pharmaceuticals  •  Republic of Korea (Onsite)  •  3 days ago
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Job Description

Key responsibilities:

  • Integrity of financial data and compliance:

-Ensure strict implementation of IFRS and internal guidelines across the M&S entities (and others if applicable).

-Ensure adherence to the local fiscal and finance related regulations of the respective country.

-Inform Regional or Area Controller / Group Finance timely on potential issues, assess the risks and propose corrective measures

  • Protection of Group assets:

-Identify and assess opportunities and risks at country level, in line with the guidelines of the Group (Risk monitoring).

-Recommend and/or implement pro-actively risk mitigation measures, e.g. financial terms of the commercial contracts, factoring schemes.

-Implement Internal Control Systems guidelines

-Propose and implement measures to optimize leverage

-Implement Group instructions related to financial commitments and/or transactions (e.g. double signatures on financial commitments to 3rd party) and review contracts with financial commitments

  • Treasury tasks:

-Implement Group Treasury guidelines

-Implement and manage bank relation in line with Group Treasury guidelines and instructions.

-Monitor and manage cash flow effectively

-Identify and propose optimization measures

  • Tax management:

-Implement Group Tax guidelines

-Monitor transfer prices and inform/propose potential adjustments to Group tax

  • Controlling - Financial performance assessment:

-Advise and challenge the General Manager with timely and proactive analyses, assessments of variances to the plans, financial impacts and risks.

-Provide Management Information to other departments

-Inform timely General Manager and Area Controller on any unexpected issue impacting potentially the financial performance of the Country and Area.

Propose / implement corrective actions

Identify areas of improvement in business and organization and propose implementation plan.

Monitor key ratios

  • Planning and Budgeting processes:

-Set ambitious objectives to the Finance department

-Challenge budget of other departments (M&S) and of other organizational units if applicable (e.g. R&D) -Ensure optimal processes for all planning and budgeting activities across the country

  • Management Information Systems & Reporting:

-Ensure the implementation and efficient use of the Management Information Systems and performance measures defined by the Group across the Area(e.g. Dashboards, Group Performance Indicators, Volume-Price reports, Product Group profitability)

-Ensure timely and accurate financial reporting across the country

-Ensure - propose standardized and coordinated use of financial information systems.

Implement information systems to monitor business performance in line with Group standards

Propose additional reporting requirements in case of deficiencies

  • Supervise supply chain and logistic person ensuring adequate supply level and collaborate with SNO regional team to facilitate the flow of relevant information

  • Performing Finance organization:

-Identify & implement synergies across the country (M&S and others)

-Propose efficiency improvement measures

-Fix and assess objectives of the Finance organization in the country.

-Motivate staff and ensure optimal training across the Finance organization.

Required Experience & Competences:

  • Bachelors degree in business, finance, accounting or equivalent

  • CPA or CA certification required

  • Minimum 10 years of experience in Finance and Controlling at senior level positions Experience in a multinational healthcare company would be advantageous

  • Strong understanding of the pharmaceutical industry and the Australia & New Zealand healthcare landscape.

  • Proven experience in leading and developing to high-performing organization.

  • Excellent English communication skills (both verbal and written).

  • Ability to engage with key stakeholders.

  • Team building capabilities

  • Strong strategic thinking, problem-solving, and decision-making skills.

Location:

Ferring Korea

Ferring Pharmaceuticals

About Ferring Pharmaceuticals

Ferring Pharmaceuticals is a privately owned, research-driven, specialty biopharmaceutical group committed to building families and helping people live better lives. We are leaders in reproductive medicine and maternal health, and in areas of gastroenterology and urology. We are at the forefront of innovation in microbiome-based therapeutics and uro-oncology intravesical gene therapy. Ferring was founded in 1950 and employs more than 7,000 people worldwide. The company is headquartered in Saint-Prex, Switzerland, and has operating subsidiaries in more than 50 countries which markets its medicines in over 100 countries.

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Industry
Chemicals & Materials
Company Size
5,001-10,000 employees
Headquarters
St-Prex, CH
Year Founded
1950
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