Associate Director, Accounting

3 days ago

East Hanover NJ United States WillHire Full time

~~~Please note: This is a temporary contractor opportunity at Novartis ~~~
Novartis touches the lives of a tenth of the world’s population. Every role here, regardless of contract type, makes an impact on human life

Novartis US partners with external managed service provider Magnit Global to offer engaging temporary contractor opportunities like this, to those who are looking for flexibility in their career while looking to gain new skills and experiences providing services to an inclusive global medicines company.

Ready to work with/through Magnit at Novartis? Please read on...
Associate Director, R2R Accounting & Reporting

The Associate Director, Accounting & Reporting role in the Record to Report (R2R) team is responsible for overseeing the accounting and reporting activities for Employee Benefits (EB) processes including Pension, Share Based Compensation, Restructuring, Payroll and other related activities across all Divisions in the US. Specific responsibilities would include being the “Subject Matter Expert” for all EB processes, FSC ERP systems (SAP: PEP) and reporting tools (FCRS, IBI, BPC, etc.). Responsibilities would also include but not be limited to: Month-end closings, financial reporting, balance sheet review / reconciliations.

Works collaboratively with Divisional Financial Reporting and Accounting (FRA), Business Planning and Analysis (BPA) and P&O organization.

Your responsibilities include, but are not limited to:

  1. Leadership position in the EB Accounting & Reporting team responsible for cross divisional Employee Benefits accounting issues including: select technical accounting, month-end closings, financial reporting, balance sheet review / reconciliations and liaison with internal and external auditors.
  2. Subject Matter Expert for ERP related systems (SAP: PEP); reporting tools (FCRS, IBI, BPC, etc.); Pension, Short Term Incentive and Long Term Incentive, Payroll accounting processes, Restructuring and Employee Benefits.
  3. Lead month end and quarterly closing reporting process ensuring high quality financial statement footnote disclosures, highly accurate management reporting results and refines process for efficiency.
  4. Prepare or review Balance Sheet Review Packages for select entities.
  5. Interact proactively with functional areas in the P&O organization, Divisional Financial Reporting and Accounting (FRA), Business Planning and Analysis (BPA) and Group Finance to ensure appropriate accounting and financial reporting is accomplished.
  6. Complete and review account analysis and account reconciliations.
  7. Ensure all processes and technical accounting summaries comply with Novartis standard policies and International Accounting Standards (IAS).
  8. Provide leadership and coaching to the team managers.
  9. Participation and provide leadership in E2E process, controls mapping and execution of testing requirements for Employee Benefits, Payroll related systems or applications implementations.
  10. Ability and experience in implementing process improvements.
  11. Capability to streamline data preparation using advanced features of Excel and Alteryx preferred.
  12. Collaborate with third parties like actuaries and employee benefits service providers.

What you’ll bring to the role:
Minimum Requirements:

  1. Bachelor’s degree or equivalent 4-year degree in Accounting, Business Administration, Finance or Economics.
  2. 7+ years of relevant accounting / financial experience, with in-depth functional expertise.
  3. Demonstrated ability to work effectively in accounting & reporting focused roles.
  4. Solid in-depth and expertise in SAP or equivalent accounting system knowledge required.
  5. Advanced Excel skills.
  6. Ability to organize high volume and complexity of activities into streamlined processes.
  7. Comprehensive knowledge of IFRS (GAAP), accounting and financial reporting requirements.
  8. Strong communications and relationship building / stakeholder management skills.
  9. Leadership skills; ability to demonstrate initiative.

Desirable Requirements:

  1. MBA a plus.
  2. Certified Public Accountant (CPA), CMA, or Chartered Accountant.
  3. Lean / Six Sigma Certified.
  4. Experience managing projects that drive performance (e.g. ERP implementation).
  5. Previous experience in managing Financial Services.
  6. Expertise in FCRS, IBI, BPC a plus.
  7. Process design experience.

Location: East Hanover, NJ (3-4 days Onsite) This role will not have the ability to be located remotely.
Pay Rate: $89-$113/hour based on experience and qualifications.
Contract: 12 months.
Health, dental, vision, 401k.

Why Novartis?
766 million lives were touched by Novartis medicines in 2021, and while we’re proud of this, we know there is so much more we could do to help improve and extend people’s lives.

Commitment to Diversity & Inclusion:
Novartis is committed to building an outstanding, inclusive work environment with diverse teams representative of the patients and communities we serve.

Accommodation:
If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Magnit at

Commitment to Diversity and Inclusion / EEO

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