Senior Manager - Financial reporting
- NOVARTIS
- 6 - 8 Years
- Hyderabad
- 3 years ago
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Job Description
20+! The number of countries supported by theTeam.
This is a key role in statutory financial reporting in compliance with the regulatory requirements and accounting standards. Ensure related SAP accounting with regular interaction and coordination with multiple internal and external stakeholders and perform detailed financial analyses to publish meaningful financials insights. Establish reporting procedures and ensure compliance with regulatory guidelines.
Your responsibilities:
Your responsibilities include, but are not limited to:
Ensuring financial reporting as per statutory requirements with compliance to applicable accounting standards, listing regulations and other statutory acts for the India legal entities
Preparation of accurate and timely financial statements for all legal entities with corresponding schedules, notes to accounts and cashflow on a monthly, quarterly and annual basis
Ensure and maintain reports, filings, accounting records and documentation in compliance with companys regulations, approved policies and GAAP reporting guidelines. Minimal audit corrective journals
Smooth running of statutory audit in line with approved audit plans. Ensure timely delivery of audit closure with proper coordination with statutory auditors through a proactively managed audit plan for the quarterly and annual audits. Ensure that appropriate finance systems are maintained and that all procedures/controls are implemented
Partner with key functions and departments across the company (e.g. BPA, R2R accounting, Legal, HR, Supply chain, others) and timely coordination with external stakeholders. Ensure proper reconciliation of statutory reported numbers with group reporting. Support accounting for group reporting and highlight any implications for statutory reporting
Coordinate with various teams and perform complex analysis and prepare reports to summarize financial data. Monthly reviews of P&L and B/S trend analysis covering detailed variance analysis and prepare reports to summarise financial data
Monitor and ensure timely identification and compliance with evolving accounting guidance, lead the implementation and research of new accounting pronouncements and provide technical accounting support to the organization. Stay abreast on all amendments and evaluate implications for the company
Liaising with the Tax Auditors and Transfer Pricing Auditors. Providing Income Tax, Sales Tax, Service Tax and Transfer Pricing assessment details to the Direct and Indirect Tax team. Improve the systems, policies, and procedures necessary to drive efficiency and provide meaningful data.
Diversity & Inclusion / EEO
Novartis is committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.
Minimum Requirements
What you'll bring to the role:
Qualified Chartered Accountant with 6 to 8 years of experience in handling Financial reporting, Audit management, preparing management reports
Technical accounting expertise with thorough knowledge of IFRS and Indian accounting standards. Experience in performing technical accounting research and hands on experience in implementing Accounting standards requirements
Excellent communication, interpersonal, and presentation skills that help facilitate interactions with cross functional teams including Local and Regional
Proven ability to successfully manage projects and timelines, organize/track complex information, prioritize accordingly, and the ability to quickly adjust to shifting priorities and demanding timelines when necessary
Strong analytical skills. Attention to detail and accuracy. Ensure appropriate Internal Controls in operation. Ability to multi-task and prioritize. Adequate planning and manage adherence to timelines
Advanced excel spreadsheet knowledge. Knowledge of SAP a plus. Excellent in Team management and liaising with auditors and other stakeholders. Developing and implementing a process to ensure the accuracy of legal entity data by coordinating an overall review process, working with the Responsible Business and other control functions
Why Novartis
769 million lives were touched by Novartis medicines in 2020, and while were proud of this, we know there is so much more we could do to help improve and extend peoples 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 our potential can thrive and grow in an unbossed culture underpinned by integrity, curiosity and flexibility. And we can reinvent what's possible, when we
collaborate with courage to aggressively and ambitiously tackle the worlds toughest medical challenges. Because the greatest risk in life, is the risk of never trying!
Imagine what you could do here at Novartis!
Novartis is an equal opportunities employer and welcomes applications from all suitably qualified persons.
Join our Novartis Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Novartis and our career opportunities, join the Novartis Network here: https://talentnetwork.novartis.com/network
Job apply link:
https://www.novartis.com/careers/career-search/job-details/334831br/senior-manager-financial-reporting
Employement Category:
Employement Type: Full timeIndustry: Pharmaceutical
Functional Area: Finance & Accounts
Role Category: Other Finance & Accounts
Role/Responsibilies: Senior Manager - Financial reporting
Contact Details:
Company: Novartis HealthcareLocation(s): Hyderabad
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NOVARTIS
A global healthcare leader, Novartis has one of the most exciting product pipelines in the industry today. A pipeline of innovative medicines brought to life by diverse, talented and performance driven people. All of which makes us one of the most rewarding employers in our field.
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