Financial Reporting and Accounting Specialist-Intercompany Accountant

Job description

Job Description

Job Summary:

Do you want to work for a Global Pharmaceutical company where you will get recognized for your hard work and commitment? Look no further, apply today. Financial Reporting and Accounting Specialist Intercompany / Treasury & Cash Management, Novartis, Prague, Czech Republic.

Job Purpose:

The Financial Reporting and Accounting Specialist Intercompany / Treasury & Cash Management (IC/TCM) provides quality services to Novartis Group entities, securing company assets by applying tight controls in the financial transactions, while providing accurate financial information and timely reporting of balances. This role supports the IC/TCM processes within the NGSC, ensuring its quality and effectiveness. This role ensures that systems, documentation, compliance and reporting are in place and actively contributes continuous improvement projects to provide highly effective and efficient end-to-end processes to the Novartis divisions.

Key Responsibilities:

• Provides services at expected levels with a clear customer focus and escalates exceptions
• Interacts proactively with all functional areas of the NGSC to ensure appropriate accounting, financial reporting and settlement of revenue matters is accomplished
• Coordinates with local entity, NGSC and outsourced activities to provide a seamless service
• Proactively challenges the Status Quo and comes up with making fact based recommendations
• Supports continuous improvements and process changes towards efficient and effective processes
• Serves as a Subject Matter Expert (SME) for related policies and processes
• Supports the measurement and delivery of service levels and SLA/KPI targets
• Corresponds to internal and external inquiries Manage day-to-day activities for IC/TCM
• Performs the period-end closing and reporting in accordance with laws and Novartis required standards
• Performs the balance sheet account reconciliations of allocated accounts and ensures timely resolution and cleans of overdue items identified.
• Ensures proper accounting of financial transactions and accounting specific questions are well addressed and solved
• Proactively reviews accounts to ensure all financial transactions are valid and recorded to ensure accuracy of reported data
• Reviews and monitors intercompany accounts and leads the statement review
• Completes the intercompany account reconciliations to ensure smooth period-end process with no unreconciled balances with affiliates
• Ensures proper service invoice charging process (ICSI or manual)
• Supports monthly intercompany netting process
• Ensures proper bank, cash pooling and Inhouse Bank (IHB) processes
• Ensures the creation and maintenance of adequate accounting records to meet the requirements of legislation and Novartis required standards
• Resolves general accounting and operational issues and disputes, escalates as required or coordinates with various departments Compliance
• Ensures all processes, policies and procedures are clearly defined, fully documented
• Ensures compliance with Novartis Accounting Manual (NAM), Novartis Financial Controls Manual (NFCM) and regulatory requirements
• Ensures application of agreed Novartis control procedures and actively supports to deliver SOX certification
• Promotes a strong and control environment, follows up on audit issues and implements correcting measures

About Novartis:

About the Novartis Global Service Center in Prague:
The Novartis Global Service Center (NGSC) in Prague delivers a broad variety of services to the Novartis divisions worldwide. Prague is part of a globalized network of five NGSCs, which form a successful network of services minded associates partnering with the Novartis business around the world.

Are you interested in joining an international team delivering solutions for an ever increasing demand in the healthcare industry? You will have the opportunity to join projects with a global scope and meet colleagues from all over the world. English is our working language. We are looking for candidates combining professional expertise and excellent interpersonal skills to interact with our colleagues in different cultures, countries and time zones.

Our mission is to care and cure; We want to discover, develop and successfully market innovative products to prevent and cure diseases, to ease suffering and to enhance the quality of life. We also want to provide a shareholder return that reflects outstanding performance and to adequately reward those who invest their money, their time and their ideas in our company.

Benefits of Working for Novartis:
Competitive salary
Annual bonus
Strong work/life balance, flexible working hours
Pension/risk life insurance scheme
5 weeks paid holiday
Cafeteria employee benefit program
Public transportation allowance
Plus additional benefits

‘I came for the job, I stay for the culture’

Desired profile

Minimum requirements

The ideal candidate will have:

• University level degree in Business Administration/ Economics/Finance or Chartered Accountant / MBA desirable
• Lean/ Six Sigma Certified preferred
• English required (written and spoken)
• 2-4 years of financial experience, with good functional expertize
• Demonstrated ability to work effectively in a multi-national organization
• SAP knowledge
• Experience in managing projects driving performance improvements
• Good people skills

Novartis are an equal opportunities employer and welcome applications from all suitably qualified persons.