The opportunity
Provide finance business with 'on-going' support of financial routines & systems, analysis, processes and activities for key business partners across the Finance organization.
Perform monthly / periodical analysis on financial data, provide accurate financial reporting, financial forecasting, variances management and operational metrics, in order to enable decision making, meet financial regulations and decrease exposure, risk or liabilities to Teva.
How you’ll spend your day
The Manager FP&A provides finance GBS support to key stakeholders, RFD’s and line management, FP&A and local Accounting departments.He/she serves as a key player in ensuring business continuity by providing reliable, complete, timely and comprehensive data analysis. He’ll will fulfill financial reporting requirements, participate in annual planning and forecasting processes, financial closing activities, ensuring business and financial drivers are transparent, for Headcount, Opex and Capex areas.
Primary Areas of Impact & Job responsibilities includes
Management Reporting
Conduct accurate and timely reporting (monthly, quarterly, annually)
Gather, analyze and translate data from numerous sources to provide a clear financial picture. Prepare internal financial and operational reports and statements including data, analysis and professional comments to support an effective decision-making process.
Facilitate reporting in support of key stakeholder groups
Financial Accounting
Complete review of key financial postings (e.g. restructuring postings, accruals etc.) to ensure accuracy of reporting and cost center balances.
Perform closing process activities, review accruals notifications and ensure accuracy of general ledgers & cost center accounting. Complete variance analysis review to ensure timely and accurate financial statements, prepare data required for Statutory and Global Internal Audits.
Support and maintain systems data for overall annual planning and quarterly forecasting processes of the site, according to global guidelines.
Planning & Forecasting
Complete review of forecasts to ensure forecasts are complete, reasonable and aligned to financial accounting standards and financial targets, for sites, region, global function, and across P&L Geographies and BUs.
Interact and Coordinate with Senior Business and Finance leaders for all Planning/ forecasting and reporting requirements.
Complete variance analysis review by site, region and account type to ensure robust understanding of forecast vs prior RF, LBE and AOP.
Support and maintain systems data for overall annual planning and quarterly forecasting processes of the function, according to global guidelines.
Capital Expenditure
Compile capital expenditure requests, complete return on investment & NPV analysis in order to enable effective decision making regarding proposed investments.
Monitor capital expenditure projects in terms of CER approval, commitment and cash flow for actuals, forecasts and AOPs. Maintain financial records for each project to facilitate management reports; accurate and timely financial reporting on individual projects and consolidated level, comparison of project spend to approve budgets.
Global Facilities business analysis
Perform ad-hoc analysis for financial reporting, planning and forecasting.
Compliance
Ensure that appropriate controls are in place to ensure compliance with corporate policies and relevant legislation.
Support on-going requirements in relation to compliance to financial/commercial laws, such as VAT, GST, income tax etc.
Understand and ensure adherence with applicable financial policies and guidelines with special emphasis on but not limited to: Costing guidelines, Global accounting policies, Corporate policies, Economics guidelines, Health and Safety and Environmental requirements
