Manager, Inventory Accounting & Reporting - Novartis

~~~Please note: This is a temporary contractor opportunity at Novartis ~~~
Novartis touches the lives of a tenth of the world’s population. Every role here, regardless of contract type, makes an impact on human life! 
  
Novartis US partners with external managed service provider Magnit Global to offer engaging temporary contractor opportunities like this, to those who are looking for flexibility in their career while looking to gain new skills and experiences providing services to an inclusive global medicines company. Click here to learn more about Magnit www.magnitglobal.com 

Ready to work with/through Magnit at Novartis? Please read on...
Manager R2R Inventory and Product Cost Accounting
The Manager, Inventory Accounting & Reporting, will be responsible for assisting multiple as-pects of the accounting and reporting for goods, as well as reporting for inventories in production at plant facilities.

Further, this role will be responsible for inventory-related tasks associated with month-end closings, reporting, Balance Sheet review / reconciliations, financial controls, and collaborating closely with and auditors for the assigned division(s) in the US

Job Activities 
Manage month end close review process by reviewing account reconciliations and perform-ing checks by running a month over month balance sheet analysis and write off analysis. En-sure all balance sheet and income statement inventory accounts are correctly represented at month end. 
Manage the Novartis Product Margin Reporting (NPMR) process, including cost, BoM, In-come Statement and Inventory download, analysis and upload. 
Manage Product costing in SAP by creating excel templates and running costing cycles in SAP. Manage the product cost budgeting process, prepare and run budget costing cycles and upload into NPMR. 
Help drive operational excellence with full alignment with all Novartis business, compliance and audit requirements.
Manage monthly inventory reserve process, including booking auto trade reserve program and manual journal entries. Manage product reval/deval impacting inventory reserves. 
Collaborate with stakeholders, including cross-divisional business colleagues, both internal and external accounting authorities/auditors, and Division and Group Financial Reporting and Accounting, and ensure appropriate communication with these stakeholders when ques-tions regarding Inventory accounting/reporting matters arise.
Ensure the effective application of related Novartis control procedures within the Inventory Accounting function.
Provide timely statutory and country reporting information to internal and external stake-holders, including regional finance officers.
Manage compliance and audit reporting processes, provide analysis of financial information (monthly, quarterly and annual data) and ensure provision of necessary data to internal and external authorities.
Reporting of technical complaints / adverse events / special case scenarios related to Novar-tis products within 24 hours of receipt.

Education and other requirements:
Undergraduate degree in Accounting and/or Finance
Advanced degree in Finance, Accounting or Business preferred
5+ years of Financial experience
CPA or CMA preferred
Ability to participate in and drive meaningful improvements in performance, quality and efficien-cy through system and process innovation and effective project management
Ability to work effectively in a multi-national, matrix organization, and build mutually productive business partner
Demonstrated understanding of key business fundamentals and value drivers
Knowledge of IFRS (GAAP), accounting and financial reporting requirements, Enterprise systems knowledge (SAP)
Experience of managing projects driving performance (e.g. ERP implementation)

Location: East Hanover,NJ
Pay Rate:$76-$124.29 based on qualifications (W-2/only)
Contract: 7+ months
Health, dental, vision, 401k

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 we can reinvent what's possible when we collaborate with courage to ambitiously tackle the world’s toughest medical challenges. Because the greatest risk in life, is the risk of never trying! 
Imagine the impact you could make here at Novartis! 
  
Commitment to Diversity & Inclusion: 
Novartis is committed to building an outstanding, inclusive work environment with diverse teams representative of the patients and communities we serve. 

To do our best work we need different viewpoints, which is why here at Magnit, we celebrate diversity and embrace inclusion. As an equal opportunity employer, Magnit is dedicated to building a team that represents a variety of backgrounds, perspectives, and skills. We strive to ensure that we maintain a positive and enriching work environment for all. 
  
Accommodation: 
If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Magnit at directsourceproteam@prounlimited.com. 

Commitment to Diversity and Inclusion / EEO