$39 Billion Pharmaceutical Company
The client endeavored to fill, on an interim basis, an open Financial Planning Manager role their largest business unit (which accounted for over 75% of consolidated corporate revenues). The resource gap was critical, as the client was in the process of splitting into two separate publicly-traded entities and required all available personnel to facilitate the transition. The client retained LevelX to fill the resource gap on an interim basis.
Role / Actions
- Established direction for financial plans, operational budgets, headcount and capital plans for the division headquarters of the newly formed company.
- Supported the division senior finance management and lead the consolidation, preparation and presentation of the headquarters executive review packages.
- Provided guidance and direction on executing financial deliverables to FP&A groups within the divisions and across business operations and corporate FP&A.
- Provided financial support and analysis for the day-to-day operations; monthly-, quarterly-, and year-end close
- Fulfilled year-end Corporate and external auditor requirements and perform related ad-hoc analyses.
- Provided accounting support (journal entries, account reconciliations, planning cycles) and related analysis for monthly-, quarterly- and year-end close, year-end Corporate and external auditor requirements.
Results
- Performed all responsible tasks and executed all financial reporting deliverables on time
- Completed all planning cycle deliverables
- Delivered a complete set of financials (Balance sheet, Income Statement, Cash Flow Statement) and organizational structure design for the newly formed company
- All client deliverables met or exceeded the client’s expectations. As a result, the client retained the same LevelX consultant for a separate scope of work on a future occasion
