Job Information
Teva Pharmaceuticals Sr Manager Innovative Forecasting in Parsippany, New Jersey
Sr Manager Innovative Forecasting
Date: Jun 11, 2024
Location:
Parsippany, United States, New Jersey, 07005
Company: Teva Pharmaceuticals
Job Id: 56515
Who we are
Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.
The opportunity
The Senior Manager of Forecasting provides forecasts, analysis, and actionable insights that enable goal setting and lead to the achievement of strategic and financial objectives for the Innovative Medicines division including CNS portfolio (Austedo, Uzedy, Ajovy), as well as Established Brands across different TAs. Core responsibilities include developing forecasts, long-range plans, and supply plans, and advising commercial leadership. The role involves collaboration with Insights/Analytics, Marketing/Brand, Sales, Finance, Supply Chain, and Medical. Communicating forecasts in clear and concise narratives is critical to successfully educating the organization on products’ performance trajectory and shaping brand strategy.
Candidate to be hired needs to be onsite out of our Parsippany, NJ or West Chester, Pennsylvania three days a week
Key Duties:
Develop models for sales trending, forecasting, business planning, and long-range planning.
Provide forecast outputs to Finance, Marketing, Sales Operations, and Supply Planners for use in official financial forecasts, sales quotas and incentive comp, and supply plan forecasts.
Support the Sales and Operations Planning (S&OP) process reviews.
Work closely with the US Innovative Medicines team on development of inline forecasts by product (Austedo, Uzedy, Ajovy, etc.) across various therapeutic areas.
Develop new forecasting tools and optimize existing models. Share and engage with all region’s best practices in Forecasting, tools, and technology.
Lead cross-functional teams to determine appropriate forecast model designs, formulate key assumptions, and align with business partners.
Proactively identify forecasting needs, develop plans, and provide input into business development, business planning, and budgeting processes for key activities.
Triangulate forecasting models based on alternative approaches including trends/events and bottom-up modelling.
Work cross-functionally to bring appropriate analogues/historical knowledge to project impact of promotional efforts, market access changes, competitive events, scientific developments, regulatory evolution, etc.
Your experience and qualifications
Requirements
Minimum 3 years of pharmaceutical or healthcare industry experience. Inline/pipeline forecasting preferred. (Data Analytics, Consulting, Investment Banking, and Equity Research backgrounds also encouraged to apply.)
Bachelor’s degree in business, Finance, Analytics, Economics preferred.
Preferred Qualifications:
Intellectual curiosity to go beyond the numbers/bring strategic ideas and insights.
Patient or Script forecasting experience
MBA or master’s degree in Analytics/Statistics a plus
Strong technical skills to build forecasting tools, leverage secondary data and rollout to US Innovative Medicines team.
Ability to collect forecasting data from models and organize for data lake consolidation platform.
Proven excellent communication and collaborative skills.
Industry knowledge, understanding of regulatory environment, and good grasp of access dynamics.
Enjoy a more rewarding choice
We offer a competitive benefits package, including Medical, Dental, Vision, and Prescription coverage starting on the first day. We also offer Disability and Life Insurance, Paid Time Off, 13 paid Holidays, 6% match on the 401(k), Employee Stock Purchase Plan, and Tuition Assistance.
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.
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EOE including disability/veteran