Nationwide Children's Hospital

Andelyn Biosciences - Chief Financial Officer

Posted Date 1 month ago(9/17/2020 3:27 PM)
Requisition ID
2020-25130
Category
Management

Overview

Chief Financial Officer - Andelyn Biosciences

 

Full-time; Benefits Eligible

 

Established as an affiliate company of Nationwide Children’s Hospital and its Research Institute, Andelyn Biosciences is a product of Nationwide Children’s Hospital’s success in clinical manufacturing and gene therapy. At Andelyn Biosciences, our mission is to use our knowledge and experience in the field of gene therapy translational and regulatory science, to help our clients develop new, safe, and effective long-term treatments to make a difference in the lives of patients and their families. Nationwide Children’s Hospital is investing in Andelyn Biosciences to support Phase III studies for clinical manufacturing with these capabilities scheduled to begin in the third quarter of 2020. Andelyn Biosciences is targeting 2023 for the completion of a state of the art, GMP, manufacturing facility capable of early stage development through commercial scale manufacturing. We are seeking a Chief Financial Officer (CFO) - The CFO is responsible for guiding and directing the financial functions of Andelyn Biosciences. The CFO acts as a strategic business partner to the Chief Executive Officer (CEO) and other members of the executive leadership team, providing insight and recommendations to both short term and long term incentives and growth plans. He/she continuously assesses and evaluates the financial performance of the organization with regards to long-term operational goals, budgets and forecasts, and creates and establishes annual financial objectives that align with Andelyn Biosciences’ plan for growth and expansion. The CFO will work across the enterprise to foster continuous operational improvement, integration and systems. The CFO is fully accountable for corporate finance, financial operations, revenue cycle, and treasury. The CFO will participate in developing and implementing tactical and strategic plans that optimize current and future performance. These plans will include strategies that continue to position the organization for ongoing investments in capital, programs, services, audit, research, revenue cycle, and insurance. The CFO’s responsibilities will include directly overseeing accounting, budgeting, financial and operations reporting, tax, reimbursement, and treasury (debt and cash management). In addition, the CFO will work closely with the business development personnel and human resources on operational improvements, the planning and implementation of new initiatives, and the management of staff resources and expenditures.

Responsibilities

  • Directs all financial functions, both strategic and operational, including corporate financial services, payor network and financial systems, and debt and cash management.
  • Serves as the senior financial leader in the organization, maintaining a trusted and close relationship with the CEO, acting as a top advisor, business partner and confidant.
  • Serves as a member of the Executive Leadership Team, developing and maintaining trusted relationships with senior leaders also reporting to the CEO.
  • Evaluate and advise on the impact of long-range planning, introduction of new programs/strategies and regulatory interaction.
  • Directs the annual financial planning and budgeting process and develops policies and procedures to improve processes, compliance, reporting and productivity; ensures that policies and procedures are consistent and in compliance with Generally Accepted Accounting Principles and in compliance with all regulatory requirements.
  • Manages commercial and investment banking relationships required to meet Andelyn Biosciences’ future capital needs. Developing and maintaining relationships with key members of the audit/financial/investment community in order to improve an understanding of the organization’s value and opportunity.  Enhance and/or develop, implement and enforce financial policies and procedures of the organization by way of systems that will improve the overall operation and effectiveness of Andelyn Biosciences and support on integrated approach to service deliveries.
  • Establish credibility throughout the organization and with the board as an effective problem solver; be viewed as approachable and as a mentor on financial issues. Produces insightful analyses of future trends, financial results and forecasts to the CEO, Board of Trustees and line management analyzing the impact on the enterprise, proposing options or solutions to respond and guides the development of strategies to implement.
  • Continual improvement of the budgeting process through education of department managers on financial issues impacting their budgets.
  • Provide strategic financial input and leadership on decision-making issues affecting the organization, e.g., evaluation of potential alliances acquisitions and/or mergers, and pension funds and investments. Oversees the analysis, due diligence and advice on major business transactions related to any major acquisition, sale of assets or contracted commitments.
  • Optimize the handling of bank and deposit relationships and initiate appropriate strategies to enhance cash position.
  • Develop a reliable cash flow projection process and reporting mechanism that includes minimum cash threshold to meet operating needs of the agency.
  • Participate in the contract negotiations.
  • Ensure continual improvement of the timeliness and accuracy of the agency's cash flow and management of the billing process (A/R).
  • Evaluate the finance division structure and team plan for continual improvement of the efficiency and effectiveness of the group as well as providing individuals with professional and personal growth opportunities.
  • May be asked to be responsible for management of the company in the absence of the President/CEO. 

Qualifications

What Are We Looking For? 

 

Required Education and Experience

  • Master’s degree in business, finance, accounting, healthcare administration or related field equivalent; or a minimum of 2 to 10 years of experience and/or training with demonstrated leadership in healthcare finance in a large complex, integrated healthcare delivery system; or equivalent combination of education and experience.
  • Strong knowledge and skills across all aspects of the finance function (financial operations, budgeting, strategic financial and capital planning, revenue cycle, supply chain, treasury/investments, compliance, decision support, data analytics etc.) is required.
  • CPA Preferred Education and Experience
  • Industry related experience/product work.

 

Competencies

  • Financial Management. Demonstrated ability to direct financial analysis related to acquisitions, divestitures, joint ventures, partnerships and related strategic transactions. This person should play a key role in structuring, analyzing and auditing the success of such transactions.
  • Leadership. Demonstrated leadership skills. Must have the interpersonal skills and charisma to bring diverse constituencies and teams together in pursuit of common goals. Demonstrates the commitment, confidence and sense of urgency necessary to achieve these goals.
  • Business Acumen. Strong business acumen with a broad and deep repertoire of financial knowledge and skills and an excellent track record of achievement in a high growth and complex environment.
  • Project Management. Develops and implements broad operational policies; serves as executive sponsor on major projects for functional areas. Provides advice and guidance to board of directors on operational impact of strategic initiatives.
  • Problem Solving/Analysis. Must be growth-oriented and agile thinking, with the capability to create a solid financial plan that anchors the overall development strategy of the organization. The individual must have a strong understanding of value creation, return on capital and balance sheet management.
  • Presentation Skills. Clearly and succinctly conveys information and ideas to individuals and groups; presenting in a focused and compelling way that captures and holds others’ attention.
  • Ethical Conduct. Unwavering integrity and ethics, embracing and demonstrating organizational values of doing the right thing.
  • Collaboration. Cultivates and supports partnerships. Maintains effective working relationships with executives across the organization and the board of directors to drive performance towards the organization’s strategic initiatives.
  • Personal Effectiveness/Credibility. Ability to establish personal and professional credibility, gain respect and build trust with peers and their teams across the organization. Develop an effective relationship with the board of directors and finance committee, sharing financial information with the board in a transparent, succinct and accurate manner.
  • Strategic Thinking. Ability to generate and develop effective plans in line with the organization’s objectives and identify business opportunities to ensure the long term growth of the organization
  • Communication Proficiency. Excellent communication skills, both verbal and written. Emphasizes the positive and provides clear direction with a results-oriented cycle, both within and outside the organization. Can credibly influence senior management, faculty, and the Board.
  • Technical Capacity. Well versed in the use of technology to improve financial operations, as well as to inform financial decisions, using business intelligence tools, data warehousing, etc.

 

Minimum Physical Requirements:

  • Sitting - Constantly at times
  • Talking on phone/in person- Frequently
  • Typing on a keyboard- Frequently
  • Standing/walking – Occasionally

 

EOE M/F/Disability/Vet

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed

Need help finding the right job?

We can recommend jobs specifically for you! Click here to get started.