Vice President, CFO R&D Finance

Who We Are

Teva is a global pharmaceutical leader and the world's largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide. Our employees are at the core of our success, with colleagues in over 80 countries delivering the world's largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients, and we've built a promising pipeline centered around our core therapeutic areas which include neuroscience, immunology, and immuno-oncology. We are continually developing patient-centric solutions and significantly growing both our generic, biosimilar, and innovative medicines business through investment in research and development, marketing, business development and innovation. This is how we improve health and enable people to live better, healthier lives. Join us on our journey of growth!

The Opportunity:

The Teva R&D CFO role leads the Finance function for the R&D organization. This role focuses on providing strong strategic financial partnership to Teva’s R&D Executive Vice President and the leadership team for implementing Teva’s Pivot to Growth strategy and long-term financial targets.

This role oversees the financial aspects of research and development activities within the company. This involves not only managing the R&D budget but also aligning R&D investments with the company's long-term strategic goals and ensuring financial sustainability

This role is an opportunity for an influential Finance Leader to play a pivotal role in driving R&D to become a world class organization with a profitable business model.

Key Responsibilities:

• Financial Strategy and Planning:

• Developing and executing global financial strategies aligned with R&D’s overall business objectives.
• Partner with the Global CFO to align regional financial strategies with global objectives

• Lead short term and long-term planning for forecast accuracy and promote digital and AI tools
• Lead strategic partnerships and contribute to various governance committees

• Operational Finance:

• Overseeing the day-to-day financial operations across all R&D footprint.
• Implementing and maintaining robust financial controls and compliance procedures to mitigate risks.
• Analyzing operational performance metrics to identify areas for improvement and cost optimization

• Managing financial and business performance by developing appropriate metrics on to measure performance, monitor variances to forecasts, and developing action plans to address variances.
• Leveraging Global Business Services (GBS) for offshoring activities, build capabilities to meet finance management efficiencies.
• Overseeing all accounts, ledgers, and reporting systems, ensuring compliance with regulatory requirements.
• Leading, managing and executing Finance transformation and implementation across R&D.

• Financial Reporting and Analysis:

• Leading the preparation of accurate and timely global financial reports, including consolidated financial statements.
• Communicating key financial metrics to senior management and stakeholders.
• Ensuring that financial information, analysis and reporting is accurate, timely, reliable and relevant, across R&D
• Providing consistent and accurate financial forecasting for company.

Experience & Qualifications:

Education/Certification/Experience:

• 15 years of progressive experience in a similar sized Global finance leadership role for a listed organization. Past R&D Finance experience is preferred.
• Bachelor's degree in economics, accounting or finance (MBA Preferred)
• Pharma organization with a focus on cost accounting and development experience – preferable
• CPA - preferable
• 10-15 years of related finance and team management experience
• Experience with financial reporting requirements
• GAAP knowledge
• Excellent Microsoft Office skills, especially Excel, SAC, AI

Leadership Behavior:

• Compliantly drives performance and delivers on commitments.
• Enterprise mindset focused on overall success.
• Collaborative and agile philosophy focused on problem solving and innovation.
• Fosters communication and alignment with key stakeholders.
• Strong, trusted, strategic thinker and collaborative Finance Business Partner to the business leadership team to support and challenge the business to achieve financial results
• Supports a caring and high-performing culture.

Reports To

Eric Hughes, EVP, Global R&D and CMO

Already Working @TEVA?

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Teva’s Equal Employment Opportunity Commitment

Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.