Regional Finance Associate Director, GCC

at  Vertex Pharmaceuticals

Job Description
Vertex is seeking a Finance Associate Director to join our GCC Regional operations based in Riyad. The individual will report into the Senior Director Finance Central & Eastern Europe and Middle East at regional headquarters in Munich, Germany and will be a member of the GCC Leadership Team. The individual will focus on the development of Vertex’s GCC Regional Finance operations supporting up to 20 Riyadh based employees as it relates to finance, accounting and internal controls.

Key Responsibilities:

• GCC Finance lead for the region.
• Member of GCC Leadership Team.
• Business partner to Country Manager GCC, and to functional leads for all finance, accounting, tax, procurement, and supply chain related topics.
• Provide effective leadership facilitating collaboration amongst shared service transactional groups and local stakeholders.
• Lead planning, forecasting and analysis for revenue, operational expenses and headcount across GCC including tracking of risks & opportunities.
• Implementing KPI’s for each relevant support process area and drive continuous improvement.
• Partner with local teams in setting and controlling field incentive scheme.
• Strategic preparation of future market entries, setup of affiliates and distributor partner selection.
• Actively shape GCC market access strategy through scenario modelling and launch recommendations.
• Supporting negotiations of reimbursement contracts with health care institutions , hospitals and governmental authorities.
• Drive rigorous and transparent policies and procedures throughout the organization to comply with local and US requirements including generally accepted accounting principles and Sarbanes-Oxley.
• Work with international finance and corporate tax on all local statutory and tax filings.
• Participate in external audit and other professional services relationships.
• Support the international strategic supporting team as it relates to sourcing initiatives.
• Occasional international travel required.

Key Requirements:

• Degree in Accounting or Finance – CMA/CPA or MBA
• 10+ years’ experience in the pharmaceutical, biotechnology or health care industries performing financial planning, sales forecasting, and business analytics within a global organization.
• Experience working in a highly matrix reporting environment and experience conducting complex analytic assignments in a fast-paced environment.
• Demonstrated ability to think strategically, identify key issues and value drivers, and translate strategic insights into an appropriate analytic framework.
• A track record of proactively identifying problems and gaining consensus on potential solutions.
• Ability to adapt to a fast paced, changing environment.
• Excellent written and verbal communication skills.
• Advanced knowledge and proficiency of MS Excel (including VBA Macros), MS PowerPoint and financial planning and reporting systems (Hyperion, Power BI); proficiency with simulation and scenario analysis.
• Fluent English and Arabic.

Flex Designation:
Hybrid-Eligible Or On-Site Eligible
Flex Eligibility Status:
In this Hybrid-Eligible role, you can choose to be designated as:
1. Hybrid: work remotely up to two days per week; or select
2. On-Site: work five days per week on-site with ad hoc flexibility.
Note: The Flex status for this position is subject to Vertex’s Policy on Flex @ Vertex Program and may be changed at any time.
Company Information
Vertex is a global biotechnology company that invests in scientific innovation.
Vertex is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person’s race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Vertex is an E-Verify Employer in the United States. Vertex will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.
Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the recruiter or hiring manager, or contact Talent Acquisition at ApplicationAssistance@vrtx.co

• GCC Finance lead for the region.
• Member of GCC Leadership Team.
• Business partner to Country Manager GCC, and to functional leads for all finance, accounting, tax, procurement, and supply chain related topics.
• Provide effective leadership facilitating collaboration amongst shared service transactional groups and local stakeholders.
• Lead planning, forecasting and analysis for revenue, operational expenses and headcount across GCC including tracking of risks & opportunities.
• Implementing KPI’s for each relevant support process area and drive continuous improvement.
• Partner with local teams in setting and controlling field incentive scheme.
• Strategic preparation of future market entries, setup of affiliates and distributor partner selection.
• Actively shape GCC market access strategy through scenario modelling and launch recommendations.
• Supporting negotiations of reimbursement contracts with health care institutions , hospitals and governmental authorities.
• Drive rigorous and transparent policies and procedures throughout the organization to comply with local and US requirements including generally accepted accounting principles and Sarbanes-Oxley.
• Work with international finance and corporate tax on all local statutory and tax filings.
• Participate in external audit and other professional services relationships.
• Support the international strategic supporting team as it relates to sourcing initiatives.
• Occasional international travel required