Novartis Healthcare/BioTech

Director, Forecasting - Inline Brands

East Hanover, NJ Hybrid Full-time

Location: East Hanover

#LI-Hybrid

This position will be located at East Hanover, NJ and will not have the ability to be located remotely. This position will require travel as defined by the business (domestic and/ or international).

Job description summary

The US Insights & Analytics (I&A) organization engineers the optimal decision environment for the US business by orchestrating, integrating, and synthesizing insights and analytics across therapeutic areas, functions, and the enterprise. Enterprise I&A drives enterprise decision environments through integrated executive analytics and portfolio insights that enable the organization to prioritize investments, track performance, and shape strategic direction.

The Director, Forecasting will be responsible for strategic demand forecasts for inline brands as well as completing opportunity assessments for life cycle management. This role brings specific therapeutic area in-depth expertise, analytical instinct, strategic thinking, and project management skills to communicate the value assessment of new assets and flag appropriate risks and opportunities. This role will enable the business organization to drive optimal decisions on investments based on accurate understanding of brand potential. This role will report to the Executive Director, Forecasting CoE within the Insights and Analytics (I&A) Organization

Key Responsibilities

  • Build realistic, transparent, and assumption-driven demand forecasts. Challenge assumptions and apply forecasting methodologies to support the brand strategy
  • Prepare robust forecast assumptions leveraging expertise and analogs from in-line Forecasting team and research from Insights and Analytics team
  • Ensure that value assessment addresses the impact of key market dynamics and internal events, are logically designed and well documented
  • Support launch preparations and guide the teams to set up clear post-launch performance tracking by creating and monitoring the short-term revenue forecasts, comparable to actuals in future, and recommending adjustments when applicable
  • Consistent delivery of analytics that drive informed decision making, including the definition and development of models to be used in answering business and operational questions
  • Develop new and innovative analytics models / methods for untapped opportunities; Enabling automation of routine measurements
  • Perform ad-hoc queries for leadership across all functions; be an internal expert and resource
  • Maintaining accountability for high quality, timely service delivery of forecasting analytic service requests, including requests for solutions requiring sophisticated statistical and machine learning approaches

Job description provided by Novartis.
View the original posting