Job Description Summary
2023 will see Sandoz become a standalone organization! As a global market leader in Generics and Biosimilar medicine, Sandoz is stepping forward from a position of strength! Those joining Sandoz in the coming months will help shape the future of the company, it’s growth, innovation, culture and how Sandoz impacts the lives of millions. These will be careers with genuine impact! This is one such role!
Are you ready to make a difference?
The role is responsible for financial planning, cost controlling and decision support activities for standalone Sandoz Technology (Digital & IT). The role partners with the Technology business teams to achieve sustainable and compliant financial results and to allocate resources effectively. A key element of the business partnering will involve financial modelling of investments/projects including business case, impact on future operational cost, resource allocation and accounting treatment.
Job Description
Major Accountabilities:
To provide meaningful financial information on Sandoz’ Technology units, including:
- Consolidate and review the monthly operating results for accuracy, proper accounting treatment and compliance with internal and external control requirements. Ensure accurate and timely management reporting of Technology costs for Sandoz.
- Ensure proper month-end closing (accruals, open purchase order balances and capitalization of fixed and intangible assets in line with accounting policies).Investigate and explain major variances to budget, forecasts, previous LO’s and prior year.
- Understand balance sheet implications arising from operating and investing activities including impacts from prior period (e.g., carryover impacts impacting current year reporting and forecasting activities)
- Ensure proper preparation, documentation, and controls for investment requests and to support resource allocation decision making for Technology organization.
- Support and implement approved CARs. Ensure proper endorsement/approval of CARs and cost tracking. Ensure timely and accurate BPC submissions for planning cycles.
- Support the investment planning process and management review of planning cycles. Provide financial analysis for ad hoc projects including business cases for major Technology initiatives.
- Evaluate and financially model IT and Digital projects (projected financial impact; actual results vs business case) and supplier contracts as requested by senior management. Evaluate software licensing contract and options. Business partner/SPOC for Finance topics to/for Technology PMs
Must have:
- 5 to 10 years of relevant accounting/financial experience, extensive BPA experience highly preferred
- Excellent analytical and strategic skills
- Ability to understand the bigger picture (i.e. impacts of Technology investments across the business, etc)
- Experience with interfacing effectively with parent and global counterparts
- In-depth knowledge of Sandoz business information systems and structure, including SHAPE, Data Warehouse, and BPC highly preferred
- Excellent communication skills, both verbally and in writing; ability to clearly explain financial information to a variety of audiences
- Strong PC skills including excellent proficiency with Excel and PowerPoint
Why Sandoz?
Almost 500 million patients were touched by Sandoz generic and biosimilar medicines in 2022 and while we’re proud of this, we know there is more we could do to continue to help pioneer access to medicines for people around the world.
We are at a pivotal moment in our history giving us the freedom to invest in our future, so we can continue to help millions of people access affordable high-quality medicines. Together we will shape the future of Sandoz, building an organization from the ground up and in return, experience an aspiration environment with impact, flexible-hybrid careers, where diversity is welcomed and where personal growth is encouraged!
The future is ours to shape!
Skills Desired
Ability To Influence Key Stakeholders, AI Driven, Compliance And Controls, Critical Thinking, Data Cleansing / Normalization, Data Visualization, Employee Engagement, Financial And Management, Giving And Receiving Feedback, Insight Generation, Interpersonal Savvy, Managing Ambiguity, Market Understanding, Planning & Analysis, Process Optimization, Rapid Problem Solving, Reporting, Understanding Value Drivers
Top Skills
What We Do
Novartis is an innovative medicines company. Every day, working to reimagine medicine to improve and extend people’s lives so that patients, healthcare professionals and societies are empowered in the face of serious disease. Our medicines reach more than 250 million people worldwide.
