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Finance Manager, Clinical Development

Company: Xencor
Location: Monrovia
Posted on: June 26, 2022

Job Description:

Xencor is an innovative, clinical-stage biopharmaceutical company located in the Los Angeles area-near Pasadena-and in San Diego. We use our pioneering XmAb - technology to discover and develop better biotherapeutics, antibodies and cytokines with improved function, with the goal of improving patient outcomes and quality of life. We have an excellent opportunity for a Finance Manager, Clinical Development to join our team. Our protein engineering capabilities and the modular nature of our XmAb technology allow us to quickly identify and create new platforms and drug candidates for potential development. We are advancing a deep clinical pipeline of novel drug candidates, including eight bispecific antibodies and two engineered cytokines, and more programs are expected to start clinical testing in 2022. We also leverage our many XmAb technologies by collaborating with leading global biopharmaceutical companies, including Genentech and Janssen Biotech, among others, and including our partnerships, 20 XmAb drug candidates are advancing through clinical development. Three XmAb medicines, to treat patients with a range of serious illnesses, such as aggressive lymphoma, rare blood disorders and COVID-19, are now marketed worldwide by partners. Our employees are the most important factor in our success, and we have assembled a highly talented group from diverse backgrounds and disciplines to execute our business plan and shape our future. Xencor employees' value new ideas and flexibility and demand from each other scientific rigor, a passion for innovation, and a willingness to take risks. Summary:Responsible for providing comprehensive financial support, forecasting and ongoing analytics for clinical study spend.
Primary Responsibilities:

  • With cross functional collaboration, facilitates the financial modeling, forecasting, and tracking activities in support of clinical operations
  • Collaborates with cross-functional teams to forecast project vendor costs that are utilized in the development and monthly update of the project financial dashboards
  • Collaborates with Vendor Managers/ Asset Leads and function leaders in the review and negotiation of vendor contracts and routing for program governance/XENCOR CAF approvals, identifying future out-of - scope (OOS) tasks/ costs and socializing them proactively to mitigate program funding risks
  • Manages vendor expense accrual process to ensure project financials are complete and accurate
  • Facilitates the vendor invoice review and approval processes to ensure charges are valid, aligned with contracted terms, and advanced to accounting in a timely manner to ensure payment according to the vendor terms
  • Facilitates the monthly program financial results review with applicable partners to ensure awareness or each program's financial and study milestone performance, identification of 005 risk and opportunities, and alignment on ownership of actions to address risks and opportunities
  • Manages the Xencor internal resource time reporting processes and analyzing data to ensure completeness and accuracy
  • Supports FP&A in the review and management of clinical trial agreements
  • Supports requests for ad-hoc analysis/reports to finance, Clinical Operations, senior management, accounting, and other key stakeholders
  • Collaborates with FP&A to develop and maintain the program cost forecast model for existing assets and new business opportunities
  • Complies with applicable national and international laws, regulations, including, but not limited to applicable Good Clinical Practices (GCPs), Good Laboratory Practices (GLPs), and Good Manufacturing Practices (GMPs)
  • Complies with Company policies, standard operating procedures, operating guidelines, and other written instructions
  • Drives development of meaningful financial analyses and create effective presentations to communicate conclusions and recommendations to senior leadership
  • Drives development and implementation of key process improvement initiatives
  • Proactively engages with Finance colleagues and business partners to develop continuous process improvements to planning, analyses and reporting
  • Monitors and ensures compliance with internal controls, company policies and procedures, including Financial Disclosures for NDA and NDA filing
  • Adheres to all department and company-wide policies regarding conduct, performance and procedures
  • Performs other duties as assigned.Education/Experience/Skills:Position requires a BS in Finance, Accounting or Economics, MBA or Master's in Finance preferred, and at least 6 years relevant financial analysis experience. Experience with project reporting, operational accounting and reporting and advanced MS Office experience also required. Experience in the biotech or pharmaceutical industry, clinical research organization or supporting R&D from a finance perspective preferred. Prior experience and expertise working with Access, Sage, Excel/VBA also preferred. The company reserves the right to consider internal experience in lieu of the education or experience requirements listed above.Position also requires:
    • Effective leadership and working skill in teamwork, delegation, organization and coordination
    • Judgement, initiative and ability to deal with complex ideas and relationships while exercising discretion with confidential information
    • Ability to multi-task, work well under pressure and prioritize
    • Ability to build strong relationships with Finance and non-Finance business partners
    • Strong financial, analytical and problem-solving skills
    • Ability to actively manage the execution of projects that involve cross-functional stakeholders
    • Strong working knowledge of Good Clinical Practices (GCPs), Good Laboratory Practices (GLPs), and Good Manufacturing Practices (GMPs)
    • Thorough understanding of clinical trials, drug development, Phase I through Phase III
    • Outstanding flexibility and adaptability suited for the changing requirements and fast pace of a small biotechnology company.
      Physical, Mental and Environment Demands:The physical, mental and working environment demands described are representative of those that must be met by an employee to successfully perform the primary functions of this position. The physical demands of the office are normally associated with extended amounts of time sitting and using office equipment, including a computer, keyboard and mouse, which can cause muscle strain. While performing the duties of this job, the employee is frequently required to stand, walk and sit. Periodic light lifting of supplies and materials may apply. Specific mental demands for the position are listed above under requirements. In addition, mental demands for this position include:
      • Ability to multitask without loss of efficiency or accuracy, including the ability to perform multiple duties from multiple sources.
      • Ability to work and sustain attention with distractions and/or interruptions.
      • Ability to interact appropriately with a variety of individuals including vendors, customers and clients.
      • Ability to maintain regular attendance and be punctual.
      • Ability to understand, remember and follow verbal and written instructions.Occasional travel may be required, including travel between Xencor's Monrovia and San Diego offices. Work for this position is generally performed at Xencor's worksite and requires full-time commitment. Xencor requires all employees to be fully vaccinated against COVID-19 as a condition of employment. Being fully vaccinated means that at least two weeks have passed since an individual's final dose of an authorized COVID-19 vaccine regimen, including any boosters recommended by the CDC. New employees will be required to provide proof of their fully COVID-19 vaccinated status as of their start date unless an exemption or accommodation is approved.
        Americans with Disabilities Act (ADA) StatementThe Company will provide reasonable accommodations (such as a qualified sign language interpreter or other personal assistance) with the application process upon your request as required to comply with applicable laws. If you have a disability and require assistance in this application process, please contact HR@xencor.com. To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. Equal Employment Opportunity (EEO) StatementThe Company is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender or gender identity, national origin, disability status, protected veteran status or any other characteristic protected by state or federal law. Xencor does not accept profiles or resumes from recruiting vendors without a binding written agreement. Any unsolicited submission of services and or resumes in no way creates an obligation or duty by Xencor, implied or otherwise.

Keywords: Xencor, Los Angeles , Finance Manager, Clinical Development, Accounting, Auditing , Monrovia, California

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