Sumitomo Pharma
Overview Sumitomo Pharma Co., Ltd. is a global pharmaceutical company based in Japan with key operations in the U.S. (Sumitomo Pharma America, Inc.), Canada (Sumitomo Pharma Canada, Inc.) and Europe (Sumitomo Pharma Switzerland GmbH) focused on addressing patient needs in oncology, urology, women's health, rare diseases, psychiatry & neurology, and cell & gene therapies. With several marketed products in the U.S., Canada, and Europe, and a diverse pipeline of early- to late-stage assets, we aim to accelerate discovery, research, and development to bring novel therapies to patients sooner. For more information on SMPA, visit our website https://www.us.sumitomo-pharma.com or follow us on LinkedIn.
The information below covers the role requirements, expected candidate experience, and accompanying qualifications. We are currently seeking a dynamic, highly motivated, and experienced individual for the position of Director, Treasury & Corporate Insurance. The Director will manage global cash operational activities & forecasting, manage bank and broker relationships, and lead a team of two direct reports. This role reports to the VP, Financial Operations & Facilities and will work closely with colleagues across Finance, Market Access, Legal, HR, & Supply Chain as well as the Treasury Department at our parent company in Japan. Responsibilities
Oversee and manage treasury operations including cash management, banking structure, and funding operations. Oversee cash forecasting short-term and long-term cash forecasting using both direct and indirect methodologies. Support funding needs and excess cash flow understanding. Develop (in conjunction with VP) and execute Treasury strategy to reduce working capital globally across group entities to reduce excess cash levels. Direct corporate insurance programs in alignment with business risk profile, including property, casualty, marine, cargo, product liability, foreign clinical trials, management liability, umbrella, and specialty lines. Manage Banker & Broker relationships. Oversee and manage cash pooling across SMPA group entities and parent entity in Japan. Design, research, recommend, and implement treasury systems to support operations. Manage short and long-term debt arrangements, including Accounts Receivable Factoring arrangements. Support and utilize inter-company payments & arrangements to optimize cash flow between entities while maintaining compliance and Tax strategy. Develop and support two direct reports. Key Core Competencies
Ability to work in a fast paced, deadline driven environment. Attention to detail, organized, analytical, and strategic. Strong problem-solving skills – forward thinker. Strong business acumen and business partnership skill sets. Strong organizational skills – complete and manage competing tasks. Self-starter Executive presence. Understand cultural differences between US and Japan and ability to work closely across them. Committed to professional development and training to keep up with industry trends and current laws. Ability to act as a mentor and to train team members. Education and Experience
Bachelor’s degree in finance, accounting, or general business. 10+ years in progressive Finance related roles Basic knowledge of legal entity jurisdiction. Basic knowledge of accounting principles Utilize advanced Excel Functions (XLOOKUPs, Pivot Tables, Complex Formulas) Understanding of planning software Understanding and/or exposure to Treasury Management Software (example Kyriba) Proficient in Microsoft Office Applications. Compensation and Benefits The base salary range for this role is $182,100 to $227,600. Base salary is part of our total rewards package which includes merit-based salary increases, short incentive plan participation, eligibility for our 401(k) plan, medical, dental, vision, life and disability insurances, and leaves provided in line with your work state. Our robust time-off policy includes flexible paid time off, 11 paid holidays plus additional time off for a shut-down period during the last week of December, 80 hours of paid sick time upon hire and each year thereafter. Total compensation will depend on candidate experience, skills, education and other factors permitted by law. Disclaimer: The above statements describe the general nature and level of work and are not an exhaustive list of duties. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed. Compliance and Equal Employment Opportunity All information encountered is considered confidential. Achieve and maintain compliance with all applicable regulatory, legal and operational rules and procedures. Sumitomo Pharma America (SMPA) is an Equal Employment Opportunity (EEO) employer. Qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, age, ancestry, nationality, marital or civil union status, sex, gender, sexual orientation, disability, veteran or military status, or any other characteristic protected by law. Sumitomo Pharma Co., Ltd. is a global pharmaceutical company with key operations in the U.S., Canada and Europe focused on oncology, urology, womens health, rare diseases, psychiatry & neurology, and cell & gene therapies. For more information on SMPA, visit our website or follow us on LinkedIn. Our mission and vision emphasize innovation, longer and healthier lives, and cutting-edge technology.
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The information below covers the role requirements, expected candidate experience, and accompanying qualifications. We are currently seeking a dynamic, highly motivated, and experienced individual for the position of Director, Treasury & Corporate Insurance. The Director will manage global cash operational activities & forecasting, manage bank and broker relationships, and lead a team of two direct reports. This role reports to the VP, Financial Operations & Facilities and will work closely with colleagues across Finance, Market Access, Legal, HR, & Supply Chain as well as the Treasury Department at our parent company in Japan. Responsibilities
Oversee and manage treasury operations including cash management, banking structure, and funding operations. Oversee cash forecasting short-term and long-term cash forecasting using both direct and indirect methodologies. Support funding needs and excess cash flow understanding. Develop (in conjunction with VP) and execute Treasury strategy to reduce working capital globally across group entities to reduce excess cash levels. Direct corporate insurance programs in alignment with business risk profile, including property, casualty, marine, cargo, product liability, foreign clinical trials, management liability, umbrella, and specialty lines. Manage Banker & Broker relationships. Oversee and manage cash pooling across SMPA group entities and parent entity in Japan. Design, research, recommend, and implement treasury systems to support operations. Manage short and long-term debt arrangements, including Accounts Receivable Factoring arrangements. Support and utilize inter-company payments & arrangements to optimize cash flow between entities while maintaining compliance and Tax strategy. Develop and support two direct reports. Key Core Competencies
Ability to work in a fast paced, deadline driven environment. Attention to detail, organized, analytical, and strategic. Strong problem-solving skills – forward thinker. Strong business acumen and business partnership skill sets. Strong organizational skills – complete and manage competing tasks. Self-starter Executive presence. Understand cultural differences between US and Japan and ability to work closely across them. Committed to professional development and training to keep up with industry trends and current laws. Ability to act as a mentor and to train team members. Education and Experience
Bachelor’s degree in finance, accounting, or general business. 10+ years in progressive Finance related roles Basic knowledge of legal entity jurisdiction. Basic knowledge of accounting principles Utilize advanced Excel Functions (XLOOKUPs, Pivot Tables, Complex Formulas) Understanding of planning software Understanding and/or exposure to Treasury Management Software (example Kyriba) Proficient in Microsoft Office Applications. Compensation and Benefits The base salary range for this role is $182,100 to $227,600. Base salary is part of our total rewards package which includes merit-based salary increases, short incentive plan participation, eligibility for our 401(k) plan, medical, dental, vision, life and disability insurances, and leaves provided in line with your work state. Our robust time-off policy includes flexible paid time off, 11 paid holidays plus additional time off for a shut-down period during the last week of December, 80 hours of paid sick time upon hire and each year thereafter. Total compensation will depend on candidate experience, skills, education and other factors permitted by law. Disclaimer: The above statements describe the general nature and level of work and are not an exhaustive list of duties. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed. Compliance and Equal Employment Opportunity All information encountered is considered confidential. Achieve and maintain compliance with all applicable regulatory, legal and operational rules and procedures. Sumitomo Pharma America (SMPA) is an Equal Employment Opportunity (EEO) employer. Qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, age, ancestry, nationality, marital or civil union status, sex, gender, sexual orientation, disability, veteran or military status, or any other characteristic protected by law. Sumitomo Pharma Co., Ltd. is a global pharmaceutical company with key operations in the U.S., Canada and Europe focused on oncology, urology, womens health, rare diseases, psychiatry & neurology, and cell & gene therapies. For more information on SMPA, visit our website or follow us on LinkedIn. Our mission and vision emphasize innovation, longer and healthier lives, and cutting-edge technology.
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