What are the responsibilities and job description for the Associate Director, Accounting & Reporting R2R position at Novartis?
:::Please note: This is a temporary contractor opportunity at Novartis :::
Novartis touches the lives of a tenth of the world’s population. Every role here, regardless of contract type, makes an impact on human life!
Novartis US partners with external managed service provider Magnit Global to offer engaging temporary contractor opportunities like this, to those who are looking for flexibility in their career while looking to gain new skills and experiences providing services to an inclusive global medicines company. Click here to learn more about Magnit www.magnitglobal.com
Ready to work with/through Magnit at Novartis? Please read on...
Associate Director, R2R Accounting & Reporting
The Associate Director, Accounting & Reporting role in the Record to Report (R2R) team is responsible for overseeing the accounting and reporting activities for Employee Benefits (EB) processes including Pension, Share Based Compensation, Restructuring, Payroll and other related activities across all Divisions in the US. Specific responsibilities would include being the “Subject Matter Expert” for all EB processes, 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 with Divisional Financial Reporting and Accounting (FRA), Business Planning and Analysis (BPA) and P&O organization.
Your responsibilities include, but are not limited to:
Leadership position in the EB Accounting & Reporting team responsible for cross divisional Employee Benefits 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); reporting tools (FCRS, IBI, BPC, etc.); Pension, Short Term Incentive and Long Term Incentive, Payroll accounting processes, Restructuring and Employee Benefits
Lead month end and quarterly closing reporting process ensuring high quality financial statement footnote disclosures, highly accurate management reporting results and refines process for efficiency
Prepare or review Balance Sheet Review Packages for select entities.
Interact proactively with functional areas in the P&O organization, Divisional Financial Reporting and Accounting (FRA), Business Planning and Analysis (BPA) and Group Finance to ensure appropriate accounting and financial reporting is accomplished.
Complete and review account analysis and account reconciliations.
Ensure all processes and technical accounting summaries comply with Novartis standard policies and International Accounting Standards (IAS) (i.e. global processes, Novartis Accounting Manual, Novartis Financial Controls Manual, Management Authorization Levels, etc.).
Provide leadership and coaching to the team managers
Participation and provide leadership in E2E process, controls mapping and execution of testing requirements for Employee Benefits, Payroll related systems or applications implementations
Ability and experience in implementing process improvements
Capability to streamline data preparation using advanced features of Excel and Alteryx preferred
Collaborate with third parties like actuaries and employee benefits service providers.
What you’ll bring to the role:
Minimum Requirements:
Bachelor’s degree or equivalent 4-year degree in Accounting, Business Administration, Finance or Economics
7 years of relevant accounting / financial experience, with in-depth functional expertise
Demonstrated ability to work effectively in accounting & reporting focused roles
Solid in-depth and expertise in SAP or equivalent accounting system knowledge required
Advanced Excel skills
Ability to organize high volume and complexity of activities into streamlined processes
Comprehensive knowledge of IFRS (GAAP), accounting and financial reporting requirements
Strong communications and relationship building / stakeholder management skills
Leadership skills; ability to demonstrate initiative
Desirable Requirements:
MBA a plus
Certified Public Accountant (CPA), CMA, or Chartered Accountant
Lean / Six Sigma Certified
Experience managing projects that drive performance (e.g. ERP implementation)
Previous experience in managing Financial Services
Expertise in FCRS, IBI, BPC a plus
Process design experience
Location: East Hanover, NJ (3-4 days Onsite) This role will not have the ability to be located remotely.
Pay Rate: $89-$113/hour based on experience and qualifications
Contract: 12 months
Health, dental, vision, 401k
Why Novartis?
766 million lives were touched by Novartis medicines in 2021, and while we’re proud of this, we know there is so much more we could do to help improve and extend people’s lives.
We believe new insights, perspectives and ground-breaking solutions can be found at the intersection of medical science and digital innovation. That a diverse, equitable and inclusive environment inspires new ways of working.
We believe we can reinvent what's possible when we collaborate with courage to ambitiously tackle the world’s toughest medical challenges. Because the greatest risk in life, is the risk of never trying!
Imagine the impact you could make here at Novartis!
Commitment to Diversity & Inclusion:
Novartis is committed to building an outstanding, inclusive work environment with diverse teams representative of the patients and communities we serve.
To do our best work we need different viewpoints, which is why here at Magnit, we celebrate diversity and embrace inclusion. As an equal opportunity employer, Magnit is dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.
Accommodation:
If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Magnit at directsourceproteam@prounlimited.com.
Commitment to Diversity and Inclusion / EEO
Novartis touches the lives of a tenth of the world’s population. Every role here, regardless of contract type, makes an impact on human life!
Novartis US partners with external managed service provider Magnit Global to offer engaging temporary contractor opportunities like this, to those who are looking for flexibility in their career while looking to gain new skills and experiences providing services to an inclusive global medicines company. Click here to learn more about Magnit www.magnitglobal.com
Ready to work with/through Magnit at Novartis? Please read on...
Associate Director, R2R Accounting & Reporting
The Associate Director, Accounting & Reporting role in the Record to Report (R2R) team is responsible for overseeing the accounting and reporting activities for Employee Benefits (EB) processes including Pension, Share Based Compensation, Restructuring, Payroll and other related activities across all Divisions in the US. Specific responsibilities would include being the “Subject Matter Expert” for all EB processes, 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 with Divisional Financial Reporting and Accounting (FRA), Business Planning and Analysis (BPA) and P&O organization.
Your responsibilities include, but are not limited to:
Leadership position in the EB Accounting & Reporting team responsible for cross divisional Employee Benefits 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); reporting tools (FCRS, IBI, BPC, etc.); Pension, Short Term Incentive and Long Term Incentive, Payroll accounting processes, Restructuring and Employee Benefits
Lead month end and quarterly closing reporting process ensuring high quality financial statement footnote disclosures, highly accurate management reporting results and refines process for efficiency
Prepare or review Balance Sheet Review Packages for select entities.
Interact proactively with functional areas in the P&O organization, Divisional Financial Reporting and Accounting (FRA), Business Planning and Analysis (BPA) and Group Finance to ensure appropriate accounting and financial reporting is accomplished.
Complete and review account analysis and account reconciliations.
Ensure all processes and technical accounting summaries comply with Novartis standard policies and International Accounting Standards (IAS) (i.e. global processes, Novartis Accounting Manual, Novartis Financial Controls Manual, Management Authorization Levels, etc.).
Provide leadership and coaching to the team managers
Participation and provide leadership in E2E process, controls mapping and execution of testing requirements for Employee Benefits, Payroll related systems or applications implementations
Ability and experience in implementing process improvements
Capability to streamline data preparation using advanced features of Excel and Alteryx preferred
Collaborate with third parties like actuaries and employee benefits service providers.
What you’ll bring to the role:
Minimum Requirements:
Bachelor’s degree or equivalent 4-year degree in Accounting, Business Administration, Finance or Economics
7 years of relevant accounting / financial experience, with in-depth functional expertise
Demonstrated ability to work effectively in accounting & reporting focused roles
Solid in-depth and expertise in SAP or equivalent accounting system knowledge required
Advanced Excel skills
Ability to organize high volume and complexity of activities into streamlined processes
Comprehensive knowledge of IFRS (GAAP), accounting and financial reporting requirements
Strong communications and relationship building / stakeholder management skills
Leadership skills; ability to demonstrate initiative
Desirable Requirements:
MBA a plus
Certified Public Accountant (CPA), CMA, or Chartered Accountant
Lean / Six Sigma Certified
Experience managing projects that drive performance (e.g. ERP implementation)
Previous experience in managing Financial Services
Expertise in FCRS, IBI, BPC a plus
Process design experience
Location: East Hanover, NJ (3-4 days Onsite) This role will not have the ability to be located remotely.
Pay Rate: $89-$113/hour based on experience and qualifications
Contract: 12 months
Health, dental, vision, 401k
Why Novartis?
766 million lives were touched by Novartis medicines in 2021, and while we’re proud of this, we know there is so much more we could do to help improve and extend people’s lives.
We believe new insights, perspectives and ground-breaking solutions can be found at the intersection of medical science and digital innovation. That a diverse, equitable and inclusive environment inspires new ways of working.
We believe we can reinvent what's possible when we collaborate with courage to ambitiously tackle the world’s toughest medical challenges. Because the greatest risk in life, is the risk of never trying!
Imagine the impact you could make here at Novartis!
Commitment to Diversity & Inclusion:
Novartis is committed to building an outstanding, inclusive work environment with diverse teams representative of the patients and communities we serve.
To do our best work we need different viewpoints, which is why here at Magnit, we celebrate diversity and embrace inclusion. As an equal opportunity employer, Magnit is dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all.
Accommodation:
If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Magnit at directsourceproteam@prounlimited.com.
Commitment to Diversity and Inclusion / EEO
Salary : $89 - $113
