Novartis Looking for LDC Program IT Finance Manager at Hyderabad, Telangana Full Time

$ 1.1bn 2020-2027-LDC Program investment. Yearly investment of ~$170m The LDC Program IT Finance Manager is part of the LDC PMO team. He/she is responsible to manage all aspects of LDC Program IT financials. He/she is the program partner of LDC Pillar Leads, manage all LDC related IT cost set up and cost plans, coordinate month end closing and reporting and responsible to set up the right flows of financial data.

To lead Business Planning & Analysis (BPA) activities within a country (typically large revenue OR medium revenue) or Business Unit, a region or globally (depending on the division size), providing insightful and value-added analysis and decision support to the business leadership.

Your responsibilities include but not limited to:

• Manage the execution of regional / global strategies for own part of the organization and the correct and timely implementation of BPA processes and policies and ensure adherence thereof. Deliver core management reporting and financial planning processes to ensure the effective and timely delivery of insightful, recurring or ad-hoc financial information.
• Lead the development of detailed budget and financial forecasts for use in Global and Regional, country, Business Franchise (BF), and Business Unit (BU) planning. Design and maintain early warning systems for financial tracking, ensuring accurate advance warning for all financial results.
• Proactively drive performance and carry out value-added analyses on financial data: Sales trends, Functional Expenses, Other Income and Expenses, Impairment review, Management Cash Flow, Capital Investments, lifetime costs for projects, NPV etc -Support the organization’s leadership team with financial analysis (including Risks & Opportunities analysis), cost analysis and control and drive corrective actions.
• Conduct value added analyses, e.g. Resource Allocation, Profitability analyses, Benchmarking to recommend short -and long-term targets and improvement areas. -Manage and ensure the development of a team of experienced BPA professionals. Provide leadership in preparing business cases, participating and value adding in key negotiations for mid size investments and programs/projects for the domain/sub domains
• Reporting of technical complaints / adverse events / special case scenarios related to Novartis products within 24 hours of receipt -Distribution of marketing samples (where applicable) The LDC Program IT Finance Manager is part of the LDC PMO team. He or she is responsible to manage all aspects of LDC Program IT financials.
• He/she is the program partner of LDC Pillar Leads, manage all LDC related IT cost set up and cost plans, coordinate month end closing and reporting and responsible to set up the right flows of financial data. Key responsibilities. End to End ownership and control of LDC IT cost plans set up, demand management and maintenance
• Financial Management & Reporting of program costs, including all LDC workstreams and early movers’ projects. Set up SAP WBS elements architecture and master data consistency, reconciliation of costs and OPEX – CAPEX settlements. Supports in LDC Program Budget, LFs and forecasting cycles. Ensure consistency for all LDC investment components. Ownership on UBM process and IT financial bookings related to the LDC Program. Finance Partner for LDC Pillar leads and prepares financial analysis per pillar
• Financial validation CR requests for additional required investments. SoW and PO approval workflow & GR/IR follow up. External partner forecast follow up and financial alignment. Opex – Capex accounting and reporting Key integration points Within LDC. LDC Leads and Pillar Leads (resources, investments and eCARs timelines and preparation). PMO`s (resource tracking, on boarding, Integrated plan, CR process) Outside LDC: Global Operations Finance (Budget and LF and Charging Model) and Operations Finance

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

Minimum requirements

What you’ll bring to the role:

• Proficiency in Healthcare/ Health finance/ Health technology/ Health Economy across geographies
• Chartered Accountant or MBA in finance from a reputed college
• Business Mindset
• Project Excellence
• Interpersonal Savvy Being resilient Breakthrough Analysis Digital & Technology Savvy

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.

We believe new insights, perspectives and ground-breaking solutions can be found at the intersection of medical science and digital innovation. That a diverse, equitable and inclusive environment inspires new ways of working.

We believe our potential can thrive and grow in an unbossed culture underpinned by integrity, curiosity and flexibility. And we can reinvent what’s possible, when we collaborate with courage to aggressively and ambitiously tackle the world’s toughest medical challenges. Because the greatest risk in life, is the risk of never trying!

Imagine what you could do here at Novartis!

Novartis is an equal opportunities employer and welcomes applications from all suitably qualified persons.

ACCESSIBILITY AND ACCOMMODATION

Novartis is committed to working with and providing reasonable accommodation to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the recruitment process, or in order to perform the essential functions of a position, please send an e-mail to [email protected] and let us know the nature of your request and your contact information. Please include the job requisition number in your message.

Join our Novartis Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Novartis and our career opportunities, join the Novartis Network here: https://talentnetwork.novartis.com/network

Division

CTS

Business Unit

FINANCE NBS

Country

India

Work Location

Hyderabad, AP

Company/Legal Entity

Nov Hltcr Shared Services Ind

Functional Area

Audit & Finance

Job Type

Full Time

Employment Type

Regular

Shift Work

No

Early Talent

No