Finance Analyst - Collaboration and Alliances

Job Description

You're a qualified finance professional with some post-qualified experience. Now you're ready to join a large global company in a critical area of our business, being an expert & partnering within finance.

As part of a dynamic, global finance group, you'll focus largely on where AZ have collaborations / deals with third parties to help managing divested or commercialised in collaboration products. Your role will be to ensure finance elements within these agreements run smoothly, especially within area of royalty payables and receivables. You will need to understand the details of the contracts, how the commercialisation activity is financed, understand both the AZ & third-party activities & ensure that sale related payments, royalties etc are paid / received in line with the contract.

You will work closely with the finance business partners who carry out the post deal management activities for the contract, you will connect with the third party & build relationships with them, plus you will work with others in AZ Finance.

This will give exposure to our core Commercial business & the critically important area of third-party agreements. As such it provides great knowledge, experience & exposure within AZ Finance.

Accountabilities

Your main accountabilities will include:

Third Party Contract Support

BioPharmaceuticals Business Unit (BBU) Finance Director / Manager with all aspects of third-party contract including:

• Understanding the financial clauses in signed contracts eg. construct of cost share arrangements, trigger events for sale related payments, profit share arrangements, royalty payables / receivables etc
• Preparing detailed AZ incurred costs, royalty reports for review
• Reviewing detailed third-party costs, royalty reports that will be invoiced to AZ
• Preparing and review of royalty calculations & other summaries as required by the contract
• Working with the third party to understand their forecast activity & reflecting this in AZ systems/other documents
• Understanding & including contract specific clauses e.g. Royalty deductions
• Analysis of sale curve in relation to contract events and forecasting
• Support of Corporate Commercial Business Unit

Payments, Receipts & Underlying Accounting

• Ensuring payments / receipts (issuing invoices) are complete & made on time according to the contract T&Cs
• Liaising with the AZ GFO (Financial Services) on queries & to ensure postings in underlying accounts are correct
• Accruals / prepayments reflect the contract activity
• Balance sheet reconciliations & other financial controls are carried out
• Understand & communicate impact due to FX
• SOX controls requirements prosecution

Finance Partnering & Improvements

• Working across multiple areas of AZ Finance to improve processes, controls & education eg. BBU, GFO, Treasury & Banking Team
• Carrying out post deal management activities & controls
• Updating Finance management on cashflows

Personal Characteristics

• Proactive & take the initiative
• Build strong, trusting relationships
• Ability to put yourself in others' shoes
• Team player
• See the bigger picture beyond just your role
• Attention to detail
• Conscientious

Education, Qualifications, Skills and Experience

Essential

Qualified finance professional (Master's degree or equivalent)

• Exceptional communication & interpersonal skills, including oral & written English
• Experience of accounting &/or controlling activities including:
  • month-end close
  • reconciliations & variance analysis
  • financial controls & SOX controls
• Strong Excel skills

Desirable

• Experience of working with multiple stakeholders inside & outside of finance
• Experience of working in a global organisation
• Ability to use financial systems including SAP & Business Objects (or similar)

Key Relationships to reach solutions

Internal

• BBU Finance
• Therapy Area Finance Director/ Manager
• GFO (Financial Services)
• Banking Team
• System owners

External

• Collaboration partners
• Auditors

We Offer You

• Stable employment with great atmosphere and dynamic corporate culture;
• Employment contract with attractive benefit package;
• The opportunity to work and develop within an international company;
• Modern and comfortable office;