2219
Registration number: 40203071239
- Details
- Highlights
- Company
Job Purpose:
The Baltics Head FRA Operations is the primary FRA representative for the country leadership. Coordinates with the process teams at NGSC for the design, delivery and efficiency of the FRA services and thereafter leading the primary liaison to the respective Divisional CFOs, BPA (Business Planning & Analysis), BD&L (Business Development & Licensing) and commercial business partners. The Baltics Head FRA Operations is a partner who is accountable for the successful development and delivery of solutions aligned with country business objectives.
This key finance role has the responsibility to ensure compliance with country legislations, regulations and corporate needs and secures accurate reporting of financial information to stakeholders in accordance to IFRS, Statutory and Novartis standards & policies.
Major Accountabilities:
Performance Management and Service Delivery
- Accountable for FRA matters and covering finance services to support local legislation and statutory requirements, whilst ensuring quality of financial accounting and management information for internal / external reporting that includes holistic view of full BS / P&L and SOX 302 / 404 reporting & NFCM, including remediation actions where relevant.
- Executive review of balance sheet reconciliations, engagement in WD2 closing meeting & quarterly BSR.
- Lead country FRA Ops engagement, sharing relevant issues with/and obtain feedback from / to the CCFO and divisional Finance heads to ensure integration, effectiveness of service delivery, transformation programs and compliance.
- Collaborates effectively with FRA Operations in NGSC, Region and Hub, furthering the strategic goals and communicates to all staff and key stakeholders.
- Provides functional guidance from an accounting perspective for business transactions, incl. ownership APP/ APM for Technical / Complex Accounting items.
- Lead country operational and project teams to achieve country/region/global targets and effectively implement digital finance and process transformation.
Manage activities in the area of Statutory, Tax and Treasury related topics
Statutory Financial Compliance & governance
- Local legal entity financial compliance governance & management
- Local contact for statutory audits
- Drives the preparation and submission of the annual statutory financial report
- Local management of statutory tasks as required in collaboration with NGSC
- Shareholder resolutions e.g. dividend distributions
- ICO-agreements (incl. TP, NBS costs monitoring, etc)
- Grants, incentives, Donations
- Finance coordination
Treasury
- External liaison with banks
- Main contact for TCM and Group Treasury
- Central bank reporting or similar reports
- Pension plans and local financial asset management
- Local bank guarantees, cheques, local cash-pools
- FX management
- Exposure management, credit management
- Legal entity funding outside standard TCM, ico-funding
Tax
- Local contact for Tax authorities
- Manage local tax control framework
- First point of contact for unexpected audits, raids
- Local transfer price documentation input
- Prepares the monthly & quarterly update for the profitability calculation
- Ensure tax review of significant contracts
- Insurance
Other
- Legal entity restructurings, divestments, acquisitions, minority shareholders
- Profitability management, FF contact
- Manages and advises the business with special business set-ups, projects (e.g. NTO, BD&L, M&A, etc.)
- P&O Finance contact for social security and payroll matters
- Accountable for all country deliverables concerning NBS related projects (eg. LDC, Enterprise Assets, etc)
- Coordinates the Fixed Assets count in collaboration with NGSC/ Hub teams
Key Performance Indicators (Indicate how performance for this role will be measured)
- No unsatisfactory audit rating and timely execution of action plans.
- Stakeholder satisfaction of FRA Operations delivery through qualitative feedback and process specific KPIs.
- Stable services incl. those of outsourced operations, no control issues and timely execution of control remediation.
- Successful continuous improvement of process in collaboration with NGSC and roll out of new technologies.
Job Dimensions (Indicate key facts and figures)
Number of associates: N/A
Financial responsibility (Budget, Cost, Sales, etc.): N/A
Impact on the organization: High: delivers on time & on quality FRA services and acts as Gatekeeper of country legislations, regulations and corporate needs
Ideal Background:
Education: (minimum/desirable)
- University level degree in Business Administration/ Economics/Finance or Chartered Accountant / MBA desirable
- Lean/ Six Sigma Certified preferred
Languages:
- Local (country) language (written and spoken)
- English (written and spoken)
- Other languages are a plus
Experience:
- 3+ years of financial experience, with in-depth functional expertise - good understanding of local regulations, tax, statutory, & IFRS
- Demonstrated ability to work effectively in a multinational organization
- Experience with diverse groups of people, handles conflict situations effectively and builds formal and informal relationships
- SAP knowledge
- Experience in managing projects driving performance improvements
- Experience engaging, influencing and leading internal and/or external stakeholders
€
3500
Additional information: Salary gross range for this position 41000.00 EUR – 48000.00 EUR per year
Location
- Rīga, Latvia
- Remote work opportunity
Time of work
- Full-time
- Flexible schedule
Languages
- English
Contact person
Novartis Baltics
Novartis Baltics
743 million lives were touched by Novartis medicines in 2022, 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 achieve here at Novartis!
Registration number: 40203071239
Similar job ads:
Reģiona vadītājs/-a
Head of the Riga Office
Shopping Center Manager/ Tirdzniecības centra vadītājs/-a