Working Location: Massachusetts, Westborough; Pennsylvania, Center Valley Workplace Flexibility: HybridJob DescriptionThis role is responsible for providing business partnership to R&D global R&D Leaders (GIET and Others) as well as enhancing R&D financial processes, strengthening business cases and enabling efficient decision-making at the global basis. The incumbent will possess the ability to drive financial analysis and strategic insights to prioritize the related R&D portfolio to achieve Olympus's long-term strategic and financial aspirations, and ensure that the same prioritized R&D portfolio is executed successfully on-time and within budget. The incumbent will be responsible for the R&D Function global costs of the same technology organizations totalling 100+ Oku annually spanning over 50 projects from standpoint of tracking/reporting, and budget/forecasting.
Job Duties- Drive successful achievement of the budgets for gross R&D spend for global R&D portfolios (GIET, AEI, Innovation, etc) in partnership with Global R&D leadership teams through effective forecast, actual tracking and control process.
- Lead the annual budget and LRP of R&D gross/net spend and develop the budget that supports the execution of strategic priorities and comply with the Targets.
- Develop the mitigation plan with business partners in case of foreseen shortfall vs. short term or long term financial commitment.
- Support the global governance of investment portfolio covering 50+ projects through: gPAB (Global Project Approval Board) and SBP (Strategic Business Planning). Provide key Finance observations and recommendations for initiatives presented in PABs and SBPs to optimize decision-making process of the Approval Board Members.
- Build and maintain complex financial simulations (P&L and Cash) that helps business partners in validating the financial viability of the proposed strategic investment portfolio in partnership with cross-functional teams, inclusive of revenue projections in partnership with Business Unit & Strategy teams.
- Work with accounting to ensure the proper capitalization of R&D investment, review capitalization balance periodically and develop comprehensive model to pressure test the capitalization balance to minimize any impairment.
- Provide the necessary finance support to ensure timely launch of projects critical to strategic sales growth.
- Proactively increase rigor and enhance processes to create standardization, efficiency, and better global communication, in partnership with Portfolio R&D global leaders.
- Lead and/or assist with ad hoc tasks and projects as needed.
Job QualificationsRequired:- Bachelor's degree in Finance, Accounting, Business Administration.
- Minimum of 8 years of experience in Finance, FP&A, R&D Finance, or Process Improvement roles in large global company.
- Proven experience improving financial processes, systems, or workflows.
- Strong understanding of budgeting, forecasting, cost tracking, and financial controls.
- Must possess ability to proactively assess and improve current processes.
- Must have prior Portfolio Finance experience with proven strategic business partnership skills.
- Ability to manage multiple initiatives deadlines and priorities in a fast-paced ever-changing and evolving work environment.
- Proficiency with ERP systems and financial tools; strong Excel and data-analysis capability.
- Exhibits emotional intelligence to gain engagement and influence key stakeholders.
Why join Olympus?We offer a holistic employee experience supporting personal and professional well-being through meaningful work, equitable offerings, and a connected culture.
Equitable Offerings you can count on:- Competitive salaries, annual bonus and 401(k)* with company match
- Comprehensive medical, dental, vision coverage effective on start date
- 24/7 Employee Assistance Program
- Free live and on-demand Wellbeing Programs
- Generous Paid Vacation and Sick Time
- Paid Parental Leave and Adoption Assistance*
- 12 Paid Holidays
- On-Site Child Daycare, Café, Fitness Center**
Connected Culture you can embrace:- Work-life integrated culture that supports an employee centric mindset
- Offers onsite, hybrid and field work environments
- Paid volunteering and charitable donation/match programs
- Employee Resource Groups
- Dedicated Training Resources and Learning & Development Programs
- Paid Educational Assistance
*US Only
**Center Valley, PA and Westborough, MA
Are you ready to be a part of our team?Learn more about our benefits and incentives: https://www.olympusamerica.com/careers/benefits-perks.
The anticipated base pay range for this full-time position in this location is $106,374.00 - $152,273.00 / year, plus potential for annual bonus (subject to plan eligibility and other requirements).
Olympus considers a variety of factors when determining actual compensation for this position, including level of experience, working location, and relevant education and certifications.
