MBA Leadership Program - Finance, Operations, Corporate Dev & Strategy

The Gilead Sciences CFO MBA Leadership Program is for second year MBA candidates seeking entry into biotech by providing a rotational as well as placement opportunities within the CFO organization at Gilead Sciences. The CFO organization at Gilead is expansive and includes a variety of groups and departments: Financial Planning & Analysis (FP&A), IT, Tax, Treasury, Controllership, Operations, Internal Audit, Investor Relations, Corporate Development and Strategy. The CFO organization supports every area of the company by providing financial analytics, operational expertise (i.e. procurement, project management), fiscal planning, budget forecasting, strategy development and deal execution (i.e. joint venture, partnership, acquisition) as well as managing financial reporting and engagements with external audiences. Program participants will have the opportunity to gain valuable cross-functional experiences with exposure to senior leaders, challenging high impact initiatives, and diverse networking opportunities.

Upon hiring, participants will have the opportunity to rotate through two 12-month assignments over the course of two years or be placed in a two-year specialization path. The rotation assignments and specialization paths are designed to provide opportunities to learn about different financial, operational, IT and/or strategic areas of the company. After completion of the two years, program participants will continue to develop their careers by aligning to an open position in the Gilead CFO Organization.

Duties:

Duties, roles and responsibilities will vary based on the interest and capability of the participant as well as business needs. The duties include but are not limited to:

FP&A:

· Conducts advanced analyses for middle and upper management and makes recommendations such as reporting changes, corporate strategy, pricing strategy, and forecasts

· Participates in the development and coordination of the annual planning calendar, budget and forecasts

· Responsible for the delivery of accurate and timely monthly management reporting including monthly financials, revenue reporting, and functional expense reporting

Operations:

· Procurement, Strategic Sourcing

Ø Build strong relationships with Procurement organization and operational teams to manage overall execution of active sourcing and procurement programs and projects to ensure that they meet goals and deliver targeted results.

Ø Liaise with Procurement category teams to identify, recommend, and implement improvements to process and technology (and monitor associated results).

Ø Support creation of programs and tools to help organization adapt to change and foster a diverse and inclusive culture

· Corporate Engineering and Facilities, Strategic Planning

Ø Provide financial cost-benefit analysis for OPEX reduction initiatives.

Ø Create a contingent worker spend dashboard and identify cost-reduction drivers.

Ø Leverage six-sigma process improvement methodologies (process mapping, SIPOC, DMAIC).

· Corporate Project Management Office

Ø Manage critical business focused projects including creating dashboards and reports that communication progress, risk and achievements.

Ø Organize projects in terms of scopes of work, schedules, business plans and cost estimates.

Ø Create and publish dashboards and reports that communicate project progress, risk and achievements.

Internal Audit

· Work on multi-disciplinary internal audit and special project teams under the direction of audit managers and senior associates to build your skills, relationships and experiences

· Participate in audits; learn audit methodologies, concepts and assist with controls testing

· Hands-on participation in any program aspect when required

Investor Relations

· Write and shape investor communications such as press releases and executive scripts

· Manage earnings call process and coordinate deliverables with Finance, Legal, and Public Affairs

· Work closely with the Treasury group to support capital initiatives including meetings with fixed income investors and ratings agencies

IT – Business Analyst

· Identify opportunities, solve business objectives leveraging modern tools and provide accurate Return on Investment analysis

· Capable of building analytical models that evaluate business situations and provide recommendations.

· Participates in requirements discussions and design review of system enhancements

Corporate Development & Strategy

· Potential investment, drug licensing, partnerships, acquisition projects as well as coordination of technical diligence efforts for opportunities of interest

· Creation of business case presentations for senior leadership

· Direct and support corporate strategy projects focused on our strategic ambitions and priorities

Tax – CPA or Masters in Taxation Preferred

· Develop understanding of the company's business and transaction flows, and how it impacts and interacts with the IP and commercialization structures

· Work closely with cross-functional business partners, as well as external advisors, to develop and maintain an efficient and defensible tax structure that support Gilead's evolving business needs and initiatives, including supporting business development efforts

· Participate in planning and implementation of initiatives in response to U.S. tax reforms and evolving international tax landscape

Treasury – CFA preferred but not required

· Balance sheet, cash flow and risk-based capital monitoring, forecasting and analysis for the consolidated entity and its subsidiaries

· Provide assessment of issues, perspective on results, and recommendations (e.g., regarding trends that might impact target setting or how a proposed acquisition might impact regulatory capital)

· Management reporting regarding balance sheet, cash flow and capital.

Controllership

· Conduct advanced analyses or benchmarking financial and reporting processes to support decision making

· Prepare financial reports for internal and/or external reporting purposes

Product / Service:

· Understand how Gilead advances patient care through research and development

· Learn how Gilead provides physicians with resources to better care for their patients

· Gain exposure into how Gilead Commercial Operations reaches our patients

Personal Development:

· Gain an understanding of the Pharmaceutical/Biotech industry.

· Work in a corporate finance, planning, and strategy environment.

· Develop planning, organizational and time management skills.

· Increase knowledge of computer skills and technology.

· Practice team-based work competencies.

· Develop effective communication skills with executives, business contacts, and external clients.

Candidate / Student Requirements and Preferred Qualifications:

· MBA graduate from a top tier program

· 4 – 5 years of prior experience – finance, accounting, banking, operations, healthcare and strategy experience a plus

· B.A or B.S degree in accounting, finance or a related filed (preferred – not required)

· CPA, CFA, PMP or other relevant professional certification is a plus

· Energetic, organized and detailed skilled with today’s technology systems, applications and platforms

· Strong forecasting and financial modeling capability a plus

· Education and training in biological sciences is a plus

· Ability to dedicate 40 hours per week to the program

· Highly developed interpersonal skills and the ability to work thrive in a team-based environment

· Strong project management skills with attention to detail

· Independent worker and self-starter that enjoys problem solving

· Excellent verbal and written communications skills (e.g. presenting, meeting or workshop facilitation)

· Ability to manage various tasks, priorities and timelines and able to adapt quickly to changing circumstances

Program Incentives:

· Opportunity to start a career in the biotechnology industry and gain a full understanding of the day-to-day operations of a biotechnology organization

· Participants will gain knowledge through rotations and placement experiences necessary to determine the direction of their career at Gilead in the CFO organization

· You will have the opportunity to interact with senior leaders as you gain cross-functional experience by interfacing with multiple business units.

· You will develop skills vitally important in today’s business environment including

team-based interaction, influencing without authority and the capability to aid in the definition and direction of the firm’s initiatives and long-term strategy

Gilead Core Values:

· Integrity (Doing What’s Right)

· Inclusion (Encouraging Diversity)

· Teamwork (Working Together)

· Excellence (Being Your Best)

· Accountability (Taking Personal Responsibility)

Gilead Leadership Commitments:

· I am BOLD in aspiration and agile in execution

· I CARE and make time for people

· I LISTEN, speak openly, and explain the “why”

· I TRUST others and myself to make sound decisions

· I OWN the impact of my words and actions

Location:

· This role is based in the Gilead Sciences headquarters (Foster City, California)