Description
The Business
Piramal Pharma Solutions (PPS) is a Contract Development and Manufacturing (CDMO) organisation offering end-to-end development and manufacturing solutions across the drug life cycle. The company serves customers through a globally integrated network of facilities in North America, Europe, and Asia.
In Scotland, Piramal has development and manufacturing operations in Grangemouth generating revenues of c£48m. The newly built multipurpose state-of-the-art Antibody-Drug Conjugate (ADC) manufacturing and aseptic fill / finish facility provides scope for further growth. This expansion has been driven by several pipeline products moving to commercial scale, coupled with increased customer demand for ADCs and APIs. These two expansions represent a total investment of £55 million, generating local employment opportunities for skilled workers. In addition, Piramal is continually seeking and assessing new commercial opportunities that may well take expansion plans well beyond those already set.
Piramal Pharma Solutions (PPS) is a subsidiary of Piramal Pharma Limited (PPL) which offers a portfolio of differentiated products and services through end-to-end manufacturing capabilities across 15 global facilities and a global distribution network over 100 countries.
The Role
Title: Finance Business Partner
Reports to: Finance Director
Location: Grangemouth, Scotland
Given the current size of the business and with potential opportunities to grow further, Piramal is now seeking to recruit a Finance Business Partner for the Grangemouth operation to support the Finance Director.
The Finance Business Partner will be a key part of the finance function, working alongside management to support the delivery of site business objectives. This will include understanding the drivers of long-term profitability to facilitate decision-making in areas such as contract profitability, inventory and capital expenditure. The Finance Business Partner will provide managers with insightful financial analysis and ensure finance processes are delivered efficiently.
Key Responsibilities:
Business Partnering:
- Partner with business areas and deliver pertinent analysis to improve their financial performance in areas such as inventory, capital expenditure and contract profitability
- Constructively challenge the business and provide solutions to lead to financial and operational improvements
- Manage the relationship between finance and business leads to ensure needs are understood and processes are delivered efficiently
- Support risk management by ensuring business risks are recorded, assessed and monitored (including corrective and mitigation plans)
- Key point of contact for developing annual budget and quarterly re-forecasts.
- Deliver internal reporting requirements, as required within set timeframes
- Lead digital transformation initiatives within the finance team
Recurring Reporting Requirements:
- Management accounts (including monthly P&L and balance sheet analysis)
- Department reporting, including actual v budget commentary and quarterly reforecasts.
- Manage the internal and external audit cycles
- Monitor and report all cash payments and receipts
- Balance sheet management of fixed assets, debtors and creditor related accounts
- Intercompany accounts reconciliation within the team
- Support on-site finance team as required
Package and Remuneration:
- Salary £60,000-£65,000 depending on experience
- Company pension standard contributions are employee 4%, employer 7%, however, employer will match any contribution up to 10%
- Hybrid working, 1 day per week from home
- Flexibility in hours except for core hours of 9:30am - 3:30pm
- Ability to accrue time off by working overtime whilst in the office
- Generous holiday entitlement, 25 days plus 9 bank holidays
- Discretionary bonus
- Option to join a private healthcare scheme
- Paid annual accountancy membership fees