Senior Financial Reporting & Accounting Specialist, GDD

Job Description

769 million. That’s how many lives our products touched in 2020. And while we’re proud of that fact, in this world of digital and technological transformation, we must also ask ourselves this: how can we continue to improve and extend even more people’s lives?

Job Description The Senior Financial Reporting & Accounting Specialist will be responsible for providing analytical and operational support to the Development organization. This role will work closely with the Development Finance team in East Hanover to ensure accurate month end reporting, controls compliance, and support of the various business objectives.

Major Accountabilities:
• Contribute to Month-end financial closing and reporting process for the Global Drug Development organization including monthly development accruals and prepaid entries, account reconciliation and analysis, and various reporting schedules.
• Work with the GDD finance team to ensure the Accrual Tool is maintained and calculating accruals appropriately. Collaborate with the finance team to post and review the monthly accrual via the accrual tool.
• Responsible for coordinating and reviewing the results of the quarterly vendor confirmation process.
• Provide analytical and operational support to the Development organization.
• Ensure business partners understand and adhere to financial processes and controls.
• Participate in the preparation of quarterly GDD SOX reports.
• Responsible for the delivery of service levels and SLA/KPI targets for the accounting function.
• Ensure accounting policies, processes and operating procedures are clearly defined, in line with Group standards, up to date and documented.
• Resolve accounting related issues as required
• Ensure all Accounting processes comply with Novartis standards and policies (i.e. global processes, Novartis Accounting
Manual, Novartis Financial Controls Manual, Management Authorization Levels, etc.)

EEO Statement
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.

Minimum requirements

Undergraduate degree in Accounting and/or Finance required. Advanced degree in Finance, Accounting or Business preferred, CPA preferred

3+ years of Financial experience, preferably in Big 4 public accounting, and/or the healthcare industry

Comprehensive knowledge of IFRS (GAAP), accounting and financial reporting requirements, Enterprise systems knowledge (SAP) preferred

Continuous Improvement training preferred (i.e. Six Sigma)

Knowledge of Development processes/systems preferred

Strong financial analysis and excellent communications skills

Flexibility and ability to learn quickly and work independently and proactively

Well organized and structured to lead complex processes and projects, and multi-task as needed

This is an East Hanover, NJ based role. Consideration may be given for remote working arrangements.

Why consider Novartis?

We believe the answers are found when curious, courageous and collaborative people like you are brought together in an inspiring environment. Where you’re given opportunities to explore the power of digital and data. Where you’re empowered to risk failure by taking smart risks, and where you’re surrounded by people who share your determination to tackle the world’s toughest medical challenges.

Imagine what you could do at Novartis!