Job Description Summary
Sandoz become a standalone organization! As a global market leader in Generics and Biosimilar medicine, Sandoz is stepping forward from a position of strength! Those joining Sandoz in the coming months will help shape the future of the company, it’s growth, innovation, culture and how Sandoz impacts the lives of millions. These will be careers with genuine impact! This is one such role!
Are you ready to make a difference?
The role is to lead the Cash Flow function for Sandoz Actual Month Closing, Reporting and Analysis, Planning of Cash Flow forecast, support to manage NWC and Cash KPIs calculations and Matrix for MCF.
Job Description
Major accountabilities:
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Lead the Cash Flow Actual reporting and analysis for monthly end closing (MEC) and present the Cash flow slides and bridges to Finance Leadership team (FLT).
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Lead the Cash Flow planning and analysis for major planning cycles and monthly outlooks. Co-ordinate with the FIOH team for AI run process. Co-ordinate and provide guidance to Markets and Regional BPAs for their cash flow submissions. Manage the central entries and finalize the Free Cash Flow (FCF) and Net Cash flow in Aspire system.
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Prepare and present the Cash flow slides for the meeting with CFO, Sandoz Leadership Team (SLT) and Boad of Directors (BODs).
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Prepare the NWC reports, calculate the Cash KPIs (CCC) based on both YTD Actuals and FY view based on Planning numbers and share the result with the stakeholders
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Working closely with Finance Innovation and Operations Hub (FIOH) in Madrid, to drive standardization, simplification and automation of cash flow and Cash KPIs dashboard. Focus on continuous improvement of the data quality and include the changes in the updated dashboards
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Lead the discussion with the treasury team on monthly cash flow projections. Provide and analyse the drivers of Actuals vs forecast and provide YTG forecast.
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Maintain and run the Cash packages in Aspire system for MEC and Planning. Maintain the MCF Matrix file and continuously update with the new changes based on the monthly MCF reconciliation run. Calculate ACT Forex impact vs PY and TGT and present Fx Slide for CFO,
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Calculate the YTG Fx risk vs PY and TGT, prepare the Fx simulation report and share with Head Global BPA and Treasury for Risk analysis and presenting to BOD. Prepare OIE report as part of MEC activity and share the report with Global BPA team for further use.
Minimum Requirements:
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10+ years of relevant financial/treasury/cashflow experience, extensive BPA experience in a Corporate Finance set-up is highly preferred.
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Experience in global functions desirable. Used to work in multi-location/multi-market environment
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Excellent analytical and strategic skills and ability to present to Senior Management Team/BODs.
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Experience with interfacing effectively with parent and global counterparts.
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In-depth knowledge of Sandoz business information systems and structure, including SHAPE, Data Warehouse, and BPC highly preferred.
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Excellent communication skills, both verbally and in writing; ability to clearly explain financial information to a variety of audiences.
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Strong IT skills including excellent proficiency with Excel and PowerPoint.
Why Sandoz?
Almost 500 million patients were touched by Sandoz generic and biosimilar medicines in 2022 and while we’re proud of this, we know there is more we could do to continue to help pioneer access to medicines for people around the world.
We are at a pivotal moment in our history giving us the freedom to invest in our future, so we can continue to help millions of people access affordable high-quality medicines. Together we will shape the future of Sandoz, building an organization from the ground up and in return, experience an aspiration environment with impact, flexible-hybrid careers, where diversity is welcomed and where personal growth is encouraged!
The future is ours to shape!
Skills Desired
Ability To Influence Key Stakeholders, AI Driven, Building Effective Teams, Capital Allocation, Critical Thinking, Data Cleansing / Normalization, Data Visualization, Financial And Management Reporting, Giving And Receiving Feedback, Insight Generation, Interpersonal Savvy, Managing Ambiguity, Market Understanding, Planning & Analysis, Pmi (Post-Merger Integration), Process Optimization, Rapid Problem Solving, Understanding Value Drivers
Top Skills
What We Do
Novartis is an innovative medicines company. Every day, working to reimagine medicine to improve and extend people’s lives so that patients, healthcare professionals and societies are empowered in the face of serious disease. Our medicines reach more than 250 million people worldwide.
