Specialist TCM

Job Description Summary

Sandoz continues to go through an exciting and transformative period as a global leader and pioneering provider of sustainable Biosimilar and Generic medicines. As we continue down this new and ambitious path, unique opportunities will present themselves, both professionally and personally. Join us, the future is ours to shape!
The Specialist Treasury Cash Management is responsible for supporting all aspects of the TCM process at within Global Service Center (GSC) and the countries being supported. This includes managing daily banking activity, cash forecasting, treasury, coordinating with other functions, and ensuring process is adequately documented.

Job Description

Leadership and Management

• Role models a leadership style, which is inclusive, proactive, respectful, and results driven.
• Manages a diverse team (on/ off-shore) to deliver a high-performing organization and drive improvements/standard solutions, while driving a high degree of collaboration
• Measures and manages the workforce to cultivate a customer service focus culture.
• Builds and strengthens the capabilities of the team by identifying, deploying, developing, and overseeing talent within the function.
• Provides leadership, training, and development to ensure unified teamwork and alignment with Sandoz Values and Behaviours
• Sponsors and oversees new initiatives and/or projects, which will drive productivity and efficiency objectives.
• Support documentation of processes and process improvement initiatives
• Onboards and trains new team members to the team in a welcoming and efficient manner ensuring that they have required resources and knowledge to perform role effectively.

Service Delivery

• Act as a technical and operational Subject Matter Expert (SME) for TCM policy, processes, and systems. Manage controls and/or segregation of duties in all TCM processes and Systems.
• Ensure proper accounting of financial transactions related to banking (cash pools, loans, etc.)
• Ensure that accounting issues related to treasury.
• Dailey reconciliation of bank activity and cash pooling transactions
• Manage daily and monthly activities of internal baking sub pool.
• Support continuous improvement programs, monitor, and report respective progress.
• Support transition, project progress and critical deliverables such as knowledge transfer. Support alignment of existing processes to standards.
• Support improvement initiatives of reduction of manual payment usage.

Compliance

• Support local Controls & Compliance associates for TCM controls including preparation of SOX 404 or equivalent regulation.
• Support Annual Benefits Audit process.

Key performance indicators:

• Payments are accurate and reconciled timely.
• Timely reconciliation of backtranslations
• Timely resolution of banking issues
• Customer satisfaction of service delivery and process specific KPIs in accordance with agreed SLAs
• No unsatisfactory audit rating and timely execution of action plans

Minimum Requirements: 

• Bachelor’s Degree in Accounting and/or Finance
• CPA or Chartered Accountant is preferred.
• Advanced Degree in Accounting and/or Finance is preferred.

Work Experience:

• Operations Management and Execution.

Skills:

• 7+ years of financial experience for major company or division of large corporation.
• Big 4 Audit background desirable
• Experience in Cash Forecasting, Treasury and Banking experience
• Previous experience in procure to pay or accounts payable preferred.
• Strong critical thinking and problem-solving skills.
• Expertise in financial reporting and consolidation systems and strong Excel skills
• Strong process design experience with demonstrated ability to organize high volume and complexity of activities into streamlined process.
• Good people skills, leadership exposure
• Strong communications skills
• Financial Accounting.
• Financial And Management Reporting.
• People Development. Process Optimization.
• Resource Allocation, Understanding Value Drivers.

Languages:

• English.

Why Sandoz?Generic and Biosimilar medicines are the backbone of the global medicines industry. Sandoz, a leader in this sector, provided more than 900 million patient treatments across 100+ countries in 2024 and while we are proud of this achievement, we have an ambition to do more!With investments in new development capabilities, production sites, new acquisitions, and partnerships, we have the opportunity to shape the future of Sandoz and help more patients gain access to low-cost, high-quality medicines, sustainably.Our momentum is powered by an open, collaborative culture driven by our talented and ambitious colleagues, who, in return for applying their skills experience an agile and collegiate environment with impactful, flexible-hybrid careers, where diversity is welcomed and where personal growth is supported! Join us!Commitment to Diversity & Inclusion:We are committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve.

Skills Desired

Ability To Influence Key Stakeholders, Building Effective Teams, Critical Thinking, Effective Communications, Financial Accounting, Financial And Management Reporting, People Development, Process Optimization, Resource Allocation, Understanding Value Drivers