Jim Scully

Jim Scully

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  • Timeline

  • About me

    Finance - Business Development - Strategy Executive

  • Education

    • The Wharton School

      -
      BS Economics

      Graduated in Top 20%. Concentration: Management.Research Assistant: For Wharton faculty looking at industrial structure and corporate strategies in telecommunications industry. Contributed to articles published by these professors.

    • The University of Chicago Booth School of Business

      -
      MBA w/Honors

      Graduated in Top 10%. Awarded membership to Beta Gamma Sigma international honor society.Concentrations: Finance, Accounting, Production Management, Statistics.Research Assistant: For Booth faculty investigating the effects of dividend and earnings announcements on stock prices, using statistical models.Internship: Manufacturing Performance Analyst at M&M / Mars.

  • Experience

    • Abbott

      Jan 1992 - Jan 1998

      Reported to Plant Director. Directed the budgeting, standard setting, monthly close, service department allocations, performance reporting, capital spending justification and all other financial analysis at $140 million (throughput) dry products and $30 million liquids facilities. Reported to Commercial Controller. Responsible for planning, analysis and control of over $250 million in Sales Force and Marketing spend. Successfully expanded the group’s charter to include analytical leadership of strategic resource allocation and investment optimization projects, with aim of increasing revenue impact of fixed budgets.

      • Plant Controller

        Jan 1996 - Jan 1998
      • Manager, Commercial Financial Analysis

        Jan 1992 - Jan 1996
    • KV Pharmaceutical

      Jan 1998 - Jan 1999
      Director of Strategic Planning

      Reported to CEO. Responsible for corporate performance reporting and analysis, operating issues resolution, objectives setting and tracking, and long-range planning. Also involved in product acquisitions, including setting of search criteria, financial modeling, coordination of due diligence, terms proposal, contracting and integration.

    • Takeda

      Jan 1999 - Jan 2009

      Led global project to determine feasibility, design and justification to acquire or build a U.S.-based packaging facility to support commercial and clinical requirements. Reported to EVP, Global Production Division. Global project leader providing identification, analysis, valuation, diligence, negotiation and contracting of licensing, M&A, joint ventures, co-promotion and other strategic alliances. Reported to VP Global Business Development. Led the financial planning process and presentation to parent, 5-year strategic plan, annual report, analysis of monthly operating results, and all other financial analysis for commercial and clinical development operations.

      • Senior Director, Corporate Project Management

        Jan 2008 - Jan 2009
      • Senior Director, Global Business Development (Franchise Lead)

        Jan 2003 - Jan 2008
      • Director, Financial Planning & Analysis

        Jan 1999 - Jan 2003
    • Independent Consultant

      Jan 2010 - Jan 2011
      Principal / Project Leader

      Engaged by several healthcare companies and consultancies. Deliverables included product performance analytics, business KPI and dashboard design, new product portfolio analytics, creation of pricing tool for field Sales, and transaction advisory services.

    • Walgreens

      Jan 2011 - Jan 2015

      Business and operational leader of Walgreens patient recruitment and other services, in support of pharma company clinical trials. This P&L-responsible role included business development, pricing strategy, proposal design, negotiations, contracting and management of project teams. Strategic Finance & Planning lead for 180-person Managed Markets Sales group and 90-person Pricing & Contracting group. Role included leadership of organization size and structure analytics, sales forecasting, goal-setting, incentive plan design and performance reporting. Also, key member of strategic pricing and contracting teams. Finance lead for Chief Medical Officer’s 100-person Clinical Office and Healthcare Partnership group. Role included leadership of business case analytics, planning and performance reporting for clinical programs and partnerships with ACOs and Health Systems.

      • Business Unit Head, Clinical Trials Services BU

        Jan 2014 - Jan 2015
      • Vice President, Sales & Contracting Finance

        Jan 2012 - Jan 2014
      • Director, Clinical & Healthcare Partnership Finance

        Jan 2011 - Jan 2012
    • Astellas Pharmaceuticals

      Jan 2015 - Jan 2017
      Senior Director, Capacity, Metrics and Reporting

      Leader of performance metrics, reporting and capacity/resource planning for 470-person global clinical development organization. Objective for the function is to provide visualization of study-level execution risks, overall process performance, and areas of excess or strained labor capacity – enabling the operation to achieve increased speed and quality of execution, while reducing cost, through real-time interventions, process improvements and more efficient resource utilization. Reported to SVP, Global Development Operations. Show less

    • GE HealthCare Command Center

      Jan 2017 - Jan 2018
      Partnership Valuation Leader

      Value creation architect for outcomes-based partnerships between GE and major health systems. The role requires working with the partner and internal stakeholders to agree upon a quantification of each partners projected impact, and to establish post-deal performance reporting metrics and tools. Each partnership has the potential to deliver $100M+ in shared value over the life of the deal.

    • AltaThera Pharmaceuticals

      Jan 2018 - Jan 2022
      Chief Financial Officer

      Provided leadership of Finance, Accounting and Control, Business Planning/Analytics, Sales Forecasting, Supply Chain, Distribution and Government Contracting functions for this commercial-stage specialty pharmaceutical company.

    • Neuralstem, Inc.

      Jan 2018 - Jan 2019
      Interim CEO

      Interim CEO and Chief Accounting Officer for this publicly traded late-clinical-stage CNS biotechnology company.

    • AVM Biotechnology

      Jan 2022 - Jan 2023
      Chief Financial Officer
  • Licenses & Certifications

    • R&D Portfolio Risk Evaluation

      Business Intelligence
    • Pharma & Biotech Portfolio Management

      Strategic Research Institute
    • Leadership Development Program

      Center for Creative Leadership
    • Negotiation and Decision Making Strategies

      The University of Chicago Booth School of Business
    • Postgraduate Course in Clinical Pharmacology, Drug Development and Regulation

      Tufts Center for the Study of Drug Development
    • Intellectual Asset Management

      Licensing Executives Society International (LESI)