The Senior Manager, Project Controls leads cost management, risk management, and governance functions across a portfolio of enterprise pharmaceutical capital projects - including facility construction, process equipment installation, technology transfer, and manufacturing suite build-outs/retrofits. This role owns budget integrity, forecasting accuracy, risk visibility, and governance compliance across the capital portfolio, while maintaining oversight of project schedules (owned and maintained by project scheduling/PM staff) to ensure cost, risk, and schedule data remain aligned and integrated. The Senior Manager partners with Project Delivery, Engineering, Quality, Validation, EHS, Procurement, and Finance to drive disciplined decision-making and ensure projects are delivered within approved budgets and in full compliance with cGMP, regulatory, and internal governance requirements.

Key Responsibilities:

• Support enterprise-level capital portfolio reporting and analytics to support data-driven capital allocation decisions.

• Oversee validation and consolidation of multi-year CapEx financial plans and forecasts.

• Ensure accuracy, consistency, and compliance of capital and OPEX financial reporting including budgets, forecasts, accruals, and close-out activities

• Ensure Portfolio Governance & Financial Oversight

• Serve as the governance gatekeeper for capital project financials - ensuring spend approvals, forecast updates, and contingency usage follow established controls

• Lead a team of project controls professionals (cost engineers, risk analysts, controls analysts) supporting capital projects in a regulated manufacturing environment

• Own cost baselines, forecasting, and earned value management (EVM) across capital projects, tracking against approved CapEx budgets and business case commitments

• Establish and lead the project risk management process - risk identification, quantification, mitigation planning, contingency drawdown, and escalation of key risks to leadership

• Maintain oversight of project schedules developed by scheduling/PM teams, ensuring schedule inputs are properly reflected in cost forecasts, risk registers, and governance reporting.

• Own project controls governance: stage-gate compliance, capital appropriation request (CAR/AFE) processes, change control, and adherence to internal capital project policies

• Manage change control processes in coordination with Project Delivery and Engineering, ensuring cost and risk impacts of design, scope, or regulatory changes are properly assessed, approved, and documented

• Produce reporting packages (dashboards, forecasts, variance analyses, risk registers, portfolio status) for site leadership, global capital planning teams, and executive stakeholders

• Identify and escalate risks related to equipment lead times, regulatory approval timelines, validation delays, and supply chain constraints common to pharma capital projects

• Ensure project controls processes align with cGMP documentation standards, data integrity requirements, and internal audit/inspection readiness

• Standardize cost control, risk management, and governance tools, templates, and frameworks across sites or business units

• Lead departmental efficiency initiatives through the use of AI.

Qualifications & Experience:

• 8-12+ years of project controls experience, with a strong emphasis on cost management, risk management, or capital governance in pharmaceutical, biotech, or other regulated (cGMP) manufacturing environments.

• Strong knowledge of cGMP and capital governance frameworks (stage-gate, CAR/AFE processes) within a pharma or biotech setting.

• Proficiency in cost management and reporting tools (SAP, Power BI, Primavera P6 or MS Project for schedule review/oversight purposes).

• Bachelor's degree in Engineering, Finance, Construction Management, or related field; PMP, AACE (CCP/EVP/RMP), or similar certification preferred.

• Experience with capital project risk frameworks (e.g., quantitative risk analysis, Monte Carlo simulation) a plus.

• Experience managing project controls teams an advantage.

• Note: this role does not require hands-on scheduling expertise, but candidates should be comfortable reviewing and interpreting schedules to inform cost and risk analysis

We hire for skills and capabilities, not just credentials - if this role excites you, but doesn't perfectly match your resume, we encourage you to apply anyway.

Compensation Overview:

New Brunswick - NJ - US: $130,300 - $157,889

The starting pay range(s) listed above is for full-time employees (FTE). You may also be eligible for additional discretionary incentive cash and stock opportunities. We determine starting pay thoughtfully - carefully considering the nature of the role, required skills, work location, schedule and the knowledge and experience you bring. Final compensation is guided by pay equity principles and applicable employment laws. Compensation programs are reviewed on an ongoing basis and may be adjusted over time to reflect evolving market factors, and individual, team or Company performance.

Benefits:

Subject to the terms and conditions of the applicable plans then in effect, you may be eligible to participate in our comprehensive benefit plans - including wellbeing support, retirement and financial protection benefits, and insurance offerings (medical, dental, vision, life and disability).

U.S.-based exempt employees are eligible for Flexible Time Off (FTO), which provides paid time off without a set accrual limit, subject to manager approval, along with 11 paid company holidays each year.

Non-exempt employees, RayzeBio employees, and employees located in Puerto Rico receive 160 hours of paid vacation annually for new hires (subject to manager approval), 11 paid company holidays, and 3 optional holidays.

Depending on eligibility, employees may also have access to additional time-off benefits, including paid sick leave, up to two paid volunteer days per year, summer hours flexibility, and leaves of absence for medical, personal, parental, caregiver, bereavement, or military needs. Eligible employees also enjoy an annual Global Shutdown between Christmas Day and New Year's Day.

U.S.-based job seekers can explore full benefit offerings at https://careers.bms.com/benefits

How We Work

Where you work matters - because collaboration, innovation and patient impact happen in many settings. Our roles are structured across four work models: site-essential, site-by-design, field-based and remote-by-design. The model assigned to this role is based on its core responsibilities. Learn more at https://careers.bms.com/ways-of-working.