Director - Operational Transfer Pricing

Job Description Summary

We’re a dedicated team united by a drive to deliver significant value to Novartis.
You will have responsibility in terms of the Operational Transfer Pricing (OTP) of the countries and business units assigned (e.g. Development, Commercial units, Manufacturing, Global Functions). You will implement the Novartis Transfer Pricing strategy and provide pro-active, expert guidance to the business to support Novartis’ long-term growth.
You will drive the end-to-end process in collaboration with our stakeholders including but not limited to Supply Chain, Business Planning & Analysis, Financial Reporting & Accounting, Tax and Treasury to ensure business set ups adhere to the Novartis Transfer Pricing strategy and financial performance is optimized in line with global and local regulations.

Job Description

This Director Grade/Level role is known internally at Novartis as Senior Manager Global Funds Flow and reports to the Head Global Funds Flow.

Key Responsibilities:

• Drives the end-to-end Operational Transfer Pricing (OTP) process including interactions between the relevant stakeholders

• Manages and oversees the profitability and the need of measures in alignment with the Novartis Transfer Pricing strategy anticipating global as well local regulations (IFRS vs. country specific statutory regulations)

• Collaborates with the local finance organisations to provide accurate forecasts, analyses variances between forecasts and actuals to recognises trends, opportunities and challenges, and assesses and implements accurate measures on a timely basis

• Negotiates Transfer Prices with countries, ensures Transfer Prices anticipate product lifecycle for marketed brands by country

• Directs the implementation of business set ups from a Operational Transfer Pricing (OTP) point of view on a global basis

• Leads and coordinates strategic projects in close alignment with relevant stakeholders (e.g. Tax, Treasury, local CFOs of key countries)

• Supports the development of Transfer Pricing  processes by driving automation and digitalisation, supports initiatives for process improvements and the implementation of changes

• Provides support to business partners in general and especially for business evaluations such as M&A/BD&L transactions from a OTP point of view

• Ensures risk management and strives for an appropriate control environment ensuring financial compliance

What you'll bring to the role:

Essential Criteria:

• University degree in Economics, Business Administration or Finance

• Strong experience in Operational Transfer Pricing (OTP) topics within a large multinational corporation and/or within a Big 4, with knowledge in transfer pricing methods and overall tax regulations.

• Proven capabilities in Financial & Data Analysis - Technically Savvy

• Strong experienced in Finance (Accounting / Controlling / Business Planning & Analysis)

• Fluent in English, German is a plus

Desirable Criteria

• Customs and/or Treasury experience

Why Novartis? Our purpose is to reimagine medicine to improve and extend people’s lives and our vision is to become the most valued and trusted medicines company in the world. How can we achieve this? With our people. It is our associates that drive us each day to reach our ambitions. Be a part of this mission and join us! Learn more here: https://www.novartis.com/about/strategy/people-and-culture

Accessibility and accommodation:

Novartis is committed to working with and providing reasonable accommodation to all individuals. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the recruitment process, or in order to receive more detailed information about the essential functions of a position, please send an e-mail to [email protected] and let us know the nature of your request and your contact information.

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

Commitment to Diversity & Inclusion: 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.

Skills Desired

Compliance And Controls, Critical Thinking, E2E Process View, Financial Accounting, Financial And Management Reporting, Giving And Receiving Feedback, Mergers and Acquisitions (M&A), Rapid Problem Solving, Tax, Treasury