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Associate Director, Strategic Insights & Analytics: Forecasting

Full Time | Cambridge | Massachusetts | United States

ABOUT THE JOB: 

The Associate Director of Strategic Insights & Analytics (SIA) is responsible for analyzing market, product, and portfolio opportunities of strategic interest to Foundation Medicine. He/she is responsible for determining the market potential of new and existing products and services (forecasting), developing the market and competitive financial outlook, and supporting short and long-term financial planning cycles. This role requires strong attention to detail, superior analytical capabilities, a curious and innovative mindset, enthusiasm to engage with stakeholders at all levels across the organization, and the ability to exercise discretion and confidentiality. This is a position which requires travel (up to 10%).

 Key Responsibilities: 

  • Leads all aspects of forecasting creation including project planning, forecast development, analytical tools development, and presentation of analysis. Leverages knowledge of a broad range of forecasting approaches, knowledge of industry and customers, and understanding of portfolio strategy to develop forecasts that support annual, mid-range, and long-range planning.
  • Leads the integration of insight and analysis from a variety of sources (PMR, CI, secondary data) to inform material decisions through the delivery of robust forecasts.
  • Builds and maintains robust forecasting models. Develops and maintains regular reporting to support organizational planning efforts.
  • Supports incentive compensation planning and execution.
  • Provides objective quantitative analyses to address critical business questions.
  • Collaborates with functional partners across the organization including Commercial, BioPharma, Data, Finance, Corporate Strategy, and Global Product Strategy.
  • Keeps abreast of the diagnostic and oncology markets to ensure development of robust, strategic assessments.
  • Produces and presents executive level presentations on forecast and opportunity assessments with strong, logical, data-driven analysis.
  • Other duties as assigned.

QUALIFICATIONS:

Basic Qualifications:

  • Bachelor’s Degree in a quantitative discipline (engineering, mathematics, statistics, physical sciences or a related field).
  • Minimum Work Experience: 10+ years of forecasting and market modeling experience in the diagnostics, healthcare, pharmaceutical, biotechnology, or medical device industry.

Preferred Qualifications:

  • Master’s of Business Administration or other advanced degree.
  • Advanced Excel programming and modeling capabilities are required; Strong proficiency in demand forecasting, uncertainty analyses, e.g., Monte Carlo simulation, higher level statistics, and systems modeling is required. The individual in this role is expected to build and maintain forecasting models independently.
  • A demonstrated ability to execute on multiple projects in a fast-paced, results-orientated work environment.
  • Excellent presentation skills and strong proficiency with presentation tools (PowerPoint, etc).
  • Strong communication, prioritization, and influencing skills.
  • Innate sense of curiosity and drive for results.
  • "Self-starter"; strong sense of responsibility with demonstrable comfort in an entrepreneurial environment.
  • Able to work effectively in a fluid, cross-functional matrixed environment and stand out as a successful collaborator.
  • Strong interpersonal skills and a consultative mindset, with the ability to develop strong partnerships.
  • Good problem-solving ability, breaking down complex problems into distinct parts, managing uncertainty, understanding, anticipating interdependencies.
  • Able to proactively “connect the dots” by asking thought-provoking questions.
  • Objective when presenting insights and guiding decision-making; demonstrate good presentation skills by pairing sound analytics with storytelling.
  • Motivated to continuously improve performance; outcomes-focused and driven to achieve objectives.
  • Able to lean in and manage through change.
  • Ability to travel ( ~10%).

 Foundation Medicine is proud to be an Equal Opportunity and Affirmative Action employer and considers all qualified applicants for employment without regard to race, color, religion, sex, gender, sexual orientation, gender identity, ancestry, age, or national origin. Further, qualified applicants will not be discriminated against on the basis of disability or protected veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. See also FMI’s EEO Statement and EEO is the Law and Supplement. If you have a disability or special need that requires accommodation, please let us know by completing this form.  (EOE/AAP Employer) 

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Internal applicants, please use your FMI email address.

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