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Finance Director, Product Development

Company: Illumina
Location: San Diego
Posted on: April 8, 2021

Job Description:

Finance Director, Product Development - Remote Position Summary:Illumina is seeking a dynamic, growth-focused, and strategic Finance leader to lead the finance business partnering team and relationship with our Product Development Organization, which is comprised of Platform Development, Assay Development, Medical and Software groups. This position will be responsible for partnering closely with the Senior Vice President, Product Development (PD) and various members of the PD senior leadership team to drive all aspects of financial planning and analysis to ensure successful execution of our strategic product roadmap. This position will require a broad range of finance experience including influencing senior leaders, business planning and analysis, financial modeling, operational finance, financial reporting, product costing, accounting, business systems, and internal control compliance.The ideal candidate will have a proven track record of leading significant change and driving shareholder value in a Research and Development function through hands-on accomplishments, relationship building, partnering with executives, financial modeling, and data driven analytics. This role will be expected to oversee and ensure finance operations are smooth and efficient by establishing and optimizing day-to-day processes and procedures within our global team. This role will provide effective and inspiring leadership as well as stewardship within both the PD Finance and Product Development organizations.Responsibilities:

  • Partner with senior level business executives across Product Development organization, Global Finance, and other cross functional groups to ensure effective execution of the product roadmap
  • Actively participate in all executive, financial, and business reviews for areas of responsibility.
  • Provide strategic financial insight to formulate business strategies and growth plans and work with cross functional partners to drive execution of plans.
  • Report, analyze, and translate data into key insights that drive strategic decision making at the executive level.
  • Review and drive the planning, forecasting, and budgeting process for areas of responsibility to maximize profitable returns and long-term growth in alignment with corporate goals and priorities.
  • Drive continuous improvement in the monthly forecast and reporting processes and tools.
  • Work with business partners to effectively prepare and assess analytics for project portfolio reviews with ROI analyses and other relevant financial metrics to drive profitable decision making.
  • Attract, develop, and retain outstanding Finance talent. Lead and develop a high performing team of Finance professionals
  • Develop core capabilities of the finance organization to be less transactional in nature and focus more on partnering, insights and strategy
  • Acquire intense understanding of Illumina's business today, and critical insights into where it is going in the future allowing for innovative concepts and the promotion of new ideas.
  • Demonstrated ability to work effectively in a highly matrixed global environment
  • Prepare and present clear, concise, and relevant information that advance the dialogue and enable strong business decisions
  • Drive improvements to the forecast and budget process to ensure forecast accuracy
  • Regular, proactive, and transparent communication to VP of Finance:
    • Execution of the product roadmap including impact, challenges, risks, and opportunities
    • Updates on key business strategies and structures
    • Regular financial reviews including return on investment analysis
    • Key upcoming milestonesPreferred Requirements:
      • Strong communication and presentation skills and a demonstrated track record of working effectively with senior level executives and line level managers
      • Ability to sort through complex issues, communicate them in a clear and concise manner, and develop appropriate solutions in a timely manner
      • Confidence and presence collaborating with and presenting to executive staff
      • Outstanding financial acumen blended with business partnership and leadership
      • Strong financial modeling skills are required
      • A highly metrics-driven individual with strong analytical abilities
      • Experience managing, growing, and developing finance organizations to the highest level of performancePreferred Experience/Education:
        • An undergraduate degree in Finance or a related field is required.
        • An MBA is required. A CPA is desirable.
        • Experience in life sciences, medical technology, or pharmaceutical industries.
        • Ideal candidate possesses 10+ years of applicable management experience
        • Possesses depth of technical knowledge in function derived from experience in non-management and middle management roles.
        • At least 5+ years of finance experience in a research and development function
        • Requires high level understanding of markets and sales opportunities for the company's productsAt Illumina, we strive to foster a diverse and inclusive workplace by cultivating an environment in which everyone contributes to our mission. Built on a strong foundation, Illumina has always been rooted in openness, collaboration, and seeking alternative views and perspectives to propel innovation in genomics. We are proud to confirm a zero-net gap in pay, regardless of gender, ethnicity, or race. We also have several Employee Resource Groups (ERG) that deliver career development experiences, increase cultural awareness, and demonstrate our collective commitment to diversity and inclusion in the communities we live and work. We are proud to be an equal opportunity employer committed to providing employment opportunity regardless of sex, race, creed, color, gender, religion, marital status, domestic partner status, age, national origin or ancestry, physical or mental disability, medical condition, sexual orientation, pregnancy, military or veteran status, citizenship status, and genetic information. If you require accommodation to complete the application or interview process, please contact To learn more, visit: Do you want to make a difference? Illumina's mission is to improve human health by unlocking the power of the genome. If that inspires you, let's talk. We've built a culture fueled by innovation, collaboration and openness, and established ourselves as the global leader in DNA sequencing and array-based technologies. Our people and our technology change lives by driving advancements in life sciences, oncology, reproductive health, agriculture and other emerging markets. Life at Illumina is about working with teammates who are deeply passionate about what we do, because we know that our work has the power to improve lives. We're an established company with a track record of phenomenal growth. Just check out our investor events and presentations to learn about our financial accomplishments. Our growth isn't just in financials, we've been busy hiring the best and the brightest. Perhaps that's why MIT has ranked Illumina near the top of its World's Smartest Companies each of the last three years. If you thrive in a brilliant, fast-paced, and mission-driven environment, Illumina is the place for you. Join the journey of a lifetime. Join Illumina.

Keywords: Illumina, San Diego , Finance Director, Product Development, Accounting, Auditing , San Diego, California

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