Job details
Job type full-time
Full job description
769 millionThat’s how many lives our products touched in 2020And while we’re proud of that fact, in this world of digital and technological transformation, we must also ask ourselves this: how can we continue to improve and extend even more people’s lives?
Job description
The director r2r p&o accounting is a key leadership position within the financial reporting and accounting operations record to report (r2r) team responsible for ensuring all u.sEmployee benefit plans and transactions are appropriately recorded from an accounting perspective and that the link to the financial statements is complete and accurateThis role partners closely with the u.sReporting leads and the business.
Major accountabilities
Review and assess changes to employee benefit plans for potential financial statement impacts
Drive complex accounting issues and topics related to the p&o / employee benefits area and partner with the us fra operations technical accounting team to document conclusions
Review and approve the reasonableness of accrual estimates provided by p&o including but not limited to defined contribution retirement program, annual incentive plan, pensions, other post-retirement obligations, post-retiree medical, and ibnr medical reserve
Lead u.sRestructuring accrual process and partner closely with p&o and the finance community
Lead share-based compensation accrual process and act as liaison with p&o for significant reorganizations and m&a
Assist in ad-hoc projects for various global and u.sEmployee benefit or accounting initiatives
Participate in hr, payroll and eb related systems implementations including confirming appropriate configuration and uat to ensure accuracy of financial reporting
Proactively communicate variances to senior management/business by detailing out key drivers leading to deviations
Participate in balance sheet discussions ensuring all benefits related (i.ePension, defined contribution, etc.) balances are appropriately recorded
Approve journal entries and significant account reconciliations
Supervise and coach direct reports and create positive working environment, enhancing cross-training and employee development
Eeo statement
The novartis group of companies are equal opportunity employers and take pride in maintaining a diverse environmentWe 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 statusWe 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.
Minimum requirements
Education:
Bachelor’s degree in accounting and/or finance preferred
Cpa is preferred
Advanced degree in accounting and/or finance is a plus
Experience:
Minimum of 8+ years’ experience for a major company or division of a large corporation
Big 4 audit background is desired
Demonstrated ability to apply ifrs accounting practices within employee benefits strongly preferred
Strong critical thinking and problem-solving skills
The ideal location for this role is east hanover, nj but remote work may be possible (there may be some exceptions based on legal entity registration)Please note that this role may not provide relocation as a resultIf associate is remote, all home office expenses and any travel/lodging to specific east hanover site for periodic live meetings will be at the employee’s expenseThe expectation of working hours and travel (domestic and/or international) will be defined by the hiring manager
Why consider novartis?
We believe the answers are found when curious, courageous and collaborative people like you are brought together in an inspiring environmentWhere you’re given opportunities to explore the power of digital and dataWhere you’re empowered to risk failure by taking smart risks, and where you’re surrounded by people who share your determination to tackle the world’s toughest medical challenges.
Imagine what you could do at novartis!
Division
Cts
Business unit
Fra operations nbs
Country
Usa
Work location
East hanover, nj
Company/legal entity
Novartis corporation
Functional area
Audit & finance
Job type
Full time
Employment type
Regular
Shift work
No
Early talent
No
