1+ months

Financial Analyst II

Elizabeth, NJ 07201
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  • Jobs Rated
    37th
Company Info
Teva is a global pharmaceutical leader and the world's largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide. Our employees are at the core of our success, with colleagues in over 80 countries delivering the world's largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we've built a promising pipeline centered around our core therapeutic areas. We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation. This is how we improve health and enable people to live better, healthier lives. Join us on our journey of growth!
Job Description

Manaqement Reportinq

  • Support the Accounting and Finance operations team through regular scrutiny to ensure accuracy of general ledgers, cost center and profit center accounting, monthly provisioning, fixed asset capitalization, preparing data/schedules required for statutory and tax audits.
  • Encourage harmonized use of ERP reporting tools and other frequently used MS Office tools to deliver the required task. Support the implementation and development of site's financial systems and processes.
  • Ad hoc reporting as required by the Site Controller.

Planninq and Forecastinq

Assist in the overall planning and forecasting process of the site according to global guidelines. Compile, analyze and present volume, headcount, capacity, expenses, capital expenditure, inventory KPl's and other relevant financial information.

Capital Expenditure. Inventory & Fixed Asset Manaqement

  • Recommend inventory adjustments to Accounting in order to enable accurate financial statements.
  • Monitor and report to Global Accounting triggering events which could lead to asset impairment.
  • Audit support for internal / external audit purposes Fixed Asset, Inventory, and other as required

Product Cost Development

  • Implement Activity Based Costing according to global costing guidelines and coordinate projects for system implementation or enhancement; ensure ongoing adherence to global costing guidelines. Ensure that material costs reflect the correct bill of material prices and yield efficiencies. Include updated routing data, fix and variable production expenses as well as relevant drivers for direct and indirect activities in standard costs. Assist in development of ABC costing model which will provide reliable input for all ABC simulations and comprehensive analysis by enabling that all expenses are driven to activities and all levels of direct prices are correctly calculated.
  • Develop and simulate new product costs using 'what if analysis' to enable effective decision-making for commercialization.
  • Provide comprehensive variance analysis of standard costs for different reporting scenarios in order to identify opportunities to increase efficiency and improve financial performance, as well as to enhance accuracy and transparency of product cost calculations. Maintain cost accounting records and ensure cost audit requirements are complied with.
Qualifications

Education Required:

-BS Degree in Accounting, Economics, Finance, Industrial Engineering

-Experience Required:
5+ years general accounting experience with an emphasis on inventory and costing processes.

-Adequate understanding of quality and manufacturing.

-Adequate knowledge of compliance and controls Adequate knowledge of accounting principles, costing methodologies and management accounting

-Adequate practical experience in financial planning and control

-Adequate financial, analytical and modeling skills (ROI etc)

Specialized or Technical:

-Oracle (1 1.5.10 or greater) Standard Costing. ERP Standard Costing.

Knowledge, Licenses:

-Excel (2010 or higher) complex functions and formulas (pivot tables, lookup tables, graphs, importing and exporting).

Function
Finance
Sub Function
Business Finance
Reports To
In process of validation
Already Working @TEVA?

If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Jobs Rated Reports for Financial Analyst

Posted: 2020-08-20 Expires: 2020-10-18

Join us at the forefront of pharmaceutical research and production. With state-of-the-art facilities, highly skilled colleagues, and a high-powered organizational culture, Teva offers you countless possibilities to make a real difference in people's lives and add value to your career.

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Financial Analyst II

Teva Pharmaceuticals
Elizabeth, NJ 07201

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Financial Analyst
37th2018 - Financial Analyst
Overall Rating: 37/220
Median Salary: $84,300

Work Environment
Good
55/220
Stress
Medium
97/220
Growth
Fair
90/220
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