Summary
About the Role
Major accountabilities:
- Evaluates customer credit worthiness and assists US O2C Associate Director and business in setting policy decisions regarding credit offers to the customers. Drives overall credit risk knowledge through the organization via credit committees.
- Lead collaboration with Global Credit Management Team/key stakeholders, including senior level cross-Novartis Local Entities business colleagues, both accounting authorities/auditors, and commercial teams to mitigate and reduce credit risks. Proactively monitors US AR for potential risks and takes necessary steps to remediate.
- Assigns credit limits and risk categories according to a defined approval matrix, timely. Facilitates and collaborates order release. Takes swift action when risk changes to minimize losses. Ensures material exceptions are communicated and resolved in a timely manner. Review credit reports. Manage relationships with internal and external stakeholders.
- Assists in reporting and establish KPIs and tracks metrics to ensure O2C team is executing a collection strategy to minimize order holds.
- Drives operational excellence via continuous improvement and process automation. Facilitates as a Subject Matter Expert to track and update SAP changes to drive efficiencies within credit risk management/held order process. Identify system development and improvement opportunities supporting business performance management.
- Define robust standard processes supported by tools and systems, reflecting best practices, supported by a control framework.
- Support FRA Operations in designing reports to monitor financial risks.
- Supports that all processes, policies and procedures are clearly defined, documented, and implemented in line with Novartis standards and consistent with best practices. Ensures compliance with Novartis Accounting Manual (NAM), Novartis Financial Controls Manual (NFCM) and regulatory requirements and implementation in internal guidelines.
Minimum Requirements:
- University Degree (Bachelor’s) ideally in accounting, finance or business
- 5+ years of Credit & Financial experience within an O2C environment. Preferably Pharmaceutical industry.
- Previous experience in managing financial services.
- SAP and Microsoft Office experience required.
- Experience of managing projects driving performance (e.g. ERP implementation).
- Excellent people and communication skills. Strong written and oral communication skills. Experience of working in multicultural / international environment
Languages :
- English
Why Novartis:
Our purpose is to reimagine medicine to improve and extend people’s lives and our vision is to become the most valued and trusted medicines company in the world. How can we achieve this? With our people. It is our associates that drive us each day to reach our ambitions. Be a part of this mission and join us! Learn more here: https://www.novartis.com/about/strategy/people and culture
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
Why Novartis: Helping people with disease and their families takes more than innovative science. It takes a community of smart, passionate people like you. Collaborating, supporting and inspiring each other. Combining to achieve breakthroughs that change patients’ lives. Ready to create a brighter future together? https://www.novartis.com/about/strategy/people-and-culture
Join our Novartis Network: Not the right Novartis role for you? Sign up to our talent community to stay connected and learn about suitable career opportunities as soon as they come up: https://talentnetwork.novartis.com/network
Accessibility and accommodation
Novartis is committed to work with and provide 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.
Novartis is committed to building an outstanding, inclusive work environment and diverse teams' representative of the patients and communities we serve.
