Address
Form of workAbout the role
Location: East Hanover, NJ
The Associate Director Reporting role on the Record to Report (R2R) team is responsible for overseeing the accounting and reporting activities for Novartis Pharmaceuticals, Novartis Technologies LLC, The Medicines Company, and other acquisitions as they occur. Specific responsibilities would include being the "Subject Matter Expert" for all FSC ERP systems (SAP: PEP) and reporting tools (FCRS, IBI, BPC, etc.). Responsibilities would also include but not be limited to: Month-end closings, financial reporting, balance sheet review / reconciliations. Works collaboratively between site personnel and NOCC in Mexico with respect to general accounting and reporting services.
Key Responsibilities:
• Leadership position in the Accounting & Reporting team responsible for divisional accounting issues including: select technical accounting, month-end closings, financial reporting, balance sheet review / reconciliations and liaison with internal and external auditors.
• Subject Matter Expert for ERP related systems (SAP: PEP) and for reporting tools (FCRS, IBI, BPC, etc.).
• Lead month end closing reporting process ensuring high quality financial statement footnote disclosures, highly accurate management reporting results and refines process for efficiency; this will also include quarterly Subsidiary accounting requirements.
• Technical accounting summaries, and applying observations to operational issues in compliance with International Accounting Standards (IAS) and the Novartis Accounting Manual (NAM).
• Interact proactively with functional areas in the IM division and Group to ensure appropriate accounting and financial reporting is accomplished.
• Prepare or review Balance Sheet Review Packages for select entities.
• Complete and review account analysis and account reconciliations.
• Oversight of ongoing royalty revenue streams and agreements with third parties.
• Responsible for the delivery of service levels and SLA/KPI targets for Accounting & Reporting functions.
• Collaborate with key stakeholders, including divisional business colleagues, both internal and external accounting authorities/auditors, and Division and Group Financial Reporting and Accounting, NGSC in Mexico, and ensure appropriate communication with these stakeholders when questions regarding accounting/reporting matters arise.
• Ensure all processes performed comply with Novartis standards and policies (i.e. global processes, Novartis Accounting Manual, Novartis Financial Controls Manual, Management Authorization Levels, etc.).
Role Requirements
Essential Requirements
• Bachelor's degree required
• Certified Public Accountant (CPA), CMA, or Chartered Accountant
• 7+ years of accounting or relevant finance experience, with in-depth functional expertise
• Demonstrated ability to work effectively in Accounting & Reporting focused roles
• Strong Excel skills
• Strong process design experience with demonstrated ability to organize high volume and complexity of activities into streamlined processes
• Comprehensive knowledge of IFRS or GAAP; accounting and financial reporting requirements
• Experience of managing projects driving performance (e.g. ERP implementation)
• Excellent collaboration (including leadership exposure) and communication skills
Desirable Requirements:
• Degree subject area in Accounting or Finance strongly preferred; MBA or Lean/Six Sigma Certified desirable
• Solid depth and expertise in SAP and/or expertise in FCRS, IBI, BPC a plus
Why Novartis: Helping people with disease and their families takes more than innovative science. It takes a community of smart, passionate people like you. Collaborating, supporting and inspiring each other. Combining to achieve breakthroughs that change patients' lives. Ready to create a brighter future together?: https://www.novartis.com/about/strategy/people-and-culture
Benefits and rewards: Read our handbook to learn about all the ways we'll help you thrive personally and professionally: https://www.novartis.com/careers/benefits-rewards
Commitment to Diversity and Inclusion / EEO:
The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
Novartis Compensation and Benefit Summary: The pay range for this position at commencement of employment is expected to be between $124,000.00 and $186,000.00 per year; however, while salary ranges are effective from 1/1/23 through 12/31/23, fluctuations in the job market may necessitate adjustments to pay ranges during this period. Further, final pay determinations will depend on various factors, including, but not limited to geographical location, experience level, knowledge, skills and abilities. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
Join our Novartis Network: Not the right Novartis role for you? Sign up to our talent community to stay connected and learn about suitable career opportunities as soon as they come up: https://talentnetwork.novartis.com/network
EEO Statement
We are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
Accessibility and Reasonable Accommodations: Individuals in need of a reasonable accommodation due to a medical condition or disability for any part of the application process, or to perform the essential functions of a position, please let us know the nature of your request, your contact information and the job requisition number in your message:
Location: East Hanover, NJ
The Associate Director Reporting role on the Record to Report (R2R) team is responsible for overseeing the accounting and reporting activities for Novartis Pharmaceuticals, Novartis Technologies LLC, The Medicines Company, and other acquisitions as they occur. Specific responsibilities would include being the "Subject Matter Expert" for all FSC ERP systems (SAP: PEP) and reporting tools (FCRS, IBI, BPC, etc.). Responsibilities would also include but not be limited to: Month-end closings, financial reporting, balance sheet review / reconciliations. Works collaboratively between site personnel and NOCC in Mexico with respect to general accounting and reporting services.
Key Responsibilities:
• Leadership position in the Accounting & Reporting team responsible for divisional accounting issues including: select technical accounting, month-end closings, financial reporting, balance sheet review / reconciliations and liaison with internal and external auditors.
• Subject Matter Expert for ERP related systems (SAP: PEP) and for reporting tools (FCRS, IBI, BPC, etc.).
• Lead month end closing reporting process ensuring high quality financial statement footnote disclosures, highly accurate management reporting results and refines process for efficiency; this will also include quarterly Subsidiary accounting requirements.
• Technical accounting summaries, and applying observations to operational issues in compliance with International Accounting Standards (IAS) and the Novartis Accounting Manual (NAM).
• Interact proactively with functional areas in the IM division and Group to ensure appropriate accounting and financial reporting is accomplished.
• Prepare or review Balance Sheet Review Packages for select entities.
• Complete and review account analysis and account reconciliations.
• Oversight of ongoing royalty revenue streams and agreements with third parties.
• Responsible for the delivery of service levels and SLA/KPI targets for Accounting & Reporting functions.
• Collaborate with key stakeholders, including divisional business colleagues, both internal and external accounting authorities/auditors, and Division and Group Financial Reporting and Accounting, NGSC in Mexico, and ensure appropriate communication with these stakeholders when questions regarding accounting/reporting matters arise.
• Ensure all processes performed comply with Novartis standards and policies (i.e. global processes, Novartis Accounting Manual, Novartis Financial Controls Manual, Management Authorization Levels, etc.).
Role Requirements
Essential Requirements
• Bachelor's degree required
• Certified Public Accountant (CPA), CMA, or Chartered Accountant
• 7+ years of accounting or relevant finance experience, with in-depth functional expertise
• Demonstrated ability to work effectively in Accounting & Reporting focused roles
• Strong Excel skills
• Strong process design experience with demonstrated ability to organize high volume and complexity of activities into streamlined processes
• Comprehensive knowledge of IFRS or GAAP; accounting and financial reporting requirements
• Experience of managing projects driving performance (e.g. ERP implementation)
• Excellent collaboration (including leadership exposure) and communication skills
Desirable Requirements:
• Degree subject area in Accounting or Finance strongly preferred; MBA or Lean/Six Sigma Certified desirable
• Solid depth and expertise in SAP and/or expertise in FCRS, IBI, BPC a plus
Why Novartis: Helping people with disease and their families takes more than innovative science. It takes a community of smart, passionate people like you. Collaborating, supporting and inspiring each other. Combining to achieve breakthroughs that change patients' lives. Ready to create a brighter future together?: https://www.novartis.com/about/strategy/people-and-culture
Benefits and rewards: Read our handbook to learn about all the ways we'll help you thrive personally and professionally: https://www.novartis.com/careers/benefits-rewards
Commitment to Diversity and Inclusion / EEO:
The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
Novartis Compensation and Benefit Summary: The pay range for this position at commencement of employment is expected to be between $124,000.00 and $186,000.00 per year; however, while salary ranges are effective from 1/1/23 through 12/31/23, fluctuations in the job market may necessitate adjustments to pay ranges during this period. Further, final pay determinations will depend on various factors, including, but not limited to geographical location, experience level, knowledge, skills and abilities. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment. If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
Join our Novartis Network: Not the right Novartis role for you? Sign up to our talent community to stay connected and learn about suitable career opportunities as soon as they come up: https://talentnetwork.novartis.com/network
EEO Statement
We are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, marital or veteran status, disability, or any other legally protected status. We are committed to building diverse teams, representative of the patients and communities we serve, and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
Accessibility and Reasonable Accommodations: Individuals in need of a reasonable accommodation due to a medical condition or disability for any part of the application process, or to perform the essential functions of a position, please let us know the nature of your request, your contact information and the job requisition number in your message:
- Novartis: e-mail us.reasonableaccommodations@novartis.com or call +1 (877)395-2339
- Sandoz: e-mail reasonable.accommodations@sandoz.com or call: +1-609-422-4098
