Job Description
Who we are
Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.
The opportunity
Responsible for regularly generate and analyse Inventory reports for the assigned site location, Support site Finance team on analysis of Cost of Raw Materials and Production, Inventory Variance analysis, updation of valuation class, Create and Archive Monthly Journal Entries. Analysis of inventory transactions to ensure integrity of inventory value, COGS, and inventory adjustments & provisioning, purchase price variance, to ensure accurate financial reporting of inventory.
Communication and (internal) stakeholder management with higher management levels within the Global Teva organization is required in this process.
How you’ll spend your day
- Technical/functional knowledge in Inventory Accounting, Closing and inventory reporting
- Preparation of Journal Entries & Supporting schedule
- Perform Monthly and quarterly inventory close activities of multiple entities
- Analysis of the inventory and variances per legal entities, obtain explanation on deviations and prepare a summarized reporting on a monthly basis within scheduled time
- Preparation & clearance of reconciling items of account reconciliations
- Hands on experience in submission of trial balance in HFM
- Hands on experience in Inventory analysis support site Finance leaders
- Identify & drive standardization opportunities in processes and tasks across the team
- Support of external and internal audit requests by providing inventory analyses
- Management of day-to-day operations relating to inventory accounting & analysis
- Ensuring that accounting books and records comply with accounting policies and regulations
- Provide supporting documents and explanations for all internal and external audit as and when required
- Participate in ad-hoc activities and projects
Your experience and qualifications
- CMA qualified or Inter is must
- Minimum experience of 6+ years of inventory accounting & reporting experience Preferably familiar with USGAAP
- Working knowledge of internal controls
- Good working knowledge of SAP
- Good analytical skills and have hands on experience on inventory working & analysis
- Fluent verbal and written communication in English
- Experience in a multinational firm or within a GBS (Global Business Service) is preferred
- Hands-on and proactive; strong organizational skills
Reports To Group Leader Financial Operations
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Teva’s Equal Employment Opportunity Commitment Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.
