Associate Director, Accounting
Parsippany, United States, New Jersey, 07054
Who we are
The opportunity
The Associate Director of Alliance Finance is responsible for the end-to-end accounting, reporting, and financial governance of the company’s strategic alliances. This leader ensures timely and accurate recognition of alliance-related revenue and expenses, drives compliance with US GAAP and SOX controls, and serves as the finance point-of-contact for internal stakeholders and external partners.
This role blends technical accounting expertise with operational knowledge, relationship management, and a continuous-improvement mindset to deliver high-quality financial insights that support decision-making across the alliance portfolio.
The ideal candidate will bring a strong analytical mindset, attention to detail, and a collaborative approach to problem-solving in a dynamic, fast-paced environment. A critical part of the role includes tracking and ensuring timely follow-up on action items to drive accountability and progress. This role is ideal for someone who is eager to grow & develop a team, embraces innovative technologies, and is passionate about using data to drive impactful decision-making.
Travel Requirements: Minimal
How you’ll spend your day
• Own & drive the monthly, quarterly, and annual close processes for alliance arrangements, including revenue recognition, cost-sharing and profit split settlements, and accruals. This will include preparing and reviewing standard and ad-hoc journal entries, account reconciliations, and flux analyses for all alliance-specific general ledger accounts in compliance with Teva’s SOX controls.
• Collaborates and serves as a primary finance liaison with cross-functional teams, such as Alliance Management, Legal, Treasury and Tax to ensure Alliance agreements are appropriately implemented and administered in accordance with their terms and conditions. Monitor partner compliance with contractual financial obligations to ensure timely settlements and dispute resolution.
• Maintain robust documentation for complex arrangements, including creating accounting memos and position papers for new or modified contracts.
• Coordinate with Internal Audit and External Auditors on walkthroughs, testing, and remediation activities related to alliance accounting.
• Operates with a continuous improvement mindset to help identify & drive process automation to ensure accuracy, speed and to improve financial insights.
• Manage, coach, and develop a high-performing team; set clear expectations, prioritize workload, and cultivate a culture of curiosity, accountability, and collaboration.
• Investigate and resolve any accounting and reporting issues that arise within the team as well as assist other stakeholders across the organization. This position will work closely with other Teva sites across the world, as well as with our Corporate accounting team.
• Other duties and projects as assigned or as business needs require.
Your experience and qualifications
Any equivalent combination of education, training, and/or experience that fulfills the requirements of the position will be considered.
Education:
• Bachelor’s degree in accounting, Finance or an equivalent combination of education and experience will be considered. CPA license is a plus.
Experience:
• Minimum 8 years of progressive accounting experience, including 2-3 years in a leadership role in a large Global Pharmaceutical environment, preferably in Accounting or related analytical function with a strong knowledge of US GAAP. Public accounting experience highly preferred.
• Proven ability to interpret legal agreements and convert them into practical accounting policies and workflows.
• Demonstrated success leading close processes and SOX/internal controls.
• Highly organized, detail-oriented, and capable of managing multiple priorities in a fast-paced environment.
• Strong proficiency in SAP, Microsoft Word, and Excel; familiarity with Alteryx is preferred.
• Excellent verbal and written communication skills for effective interaction with internal and external partners.
• You should be self-motivated with a strong work ethic and the ability to meet deadlines, as well as a willingness to acquire new skills.
• Strong problem-solving skills with the ability to work independently as well as collaboratively with the team and takes the initiative to help propose solutions & resolve issues with minimal assistance.
• Demonstrates the ability to establish and maintain collaborative working relationships across the global organization.
Enjoy a more rewarding choice
We offer a competitive benefits package, including:
- Comprehensive Health Insurance: Medical, Dental, Vision, and Prescription coverage starting on the first day of employment, providing the employee enrolls.
- Retirement Savings: 401(k) with employer match, up to 6% and an annual 3.75% Defined Contribution to the 401k plan.
- Time Off: Paid Time Off including vacation, sick/safe time, caretaker time and holidays.
- Life and Disability Protection: Company paid Life and Disability insurance.
- Additional benefits include, but are not limited to, Employee Assistance Program, Employee Stock Purchase Plan, Tuition Assistance, Flexible Spending Accounts, Health Savings Account, Life Style Spending Account, Volunteer Time Off, Paid Parental Leave, if eligible , Family Building Benefits, Virtual Physical Therapy, Accident, Critical Illness and Hospital Indemnity Insurances, Identity Theft Protection, Legal Plan, Voluntary Life Insurance and Long Term Disability and more.
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.
Teva’s Equal Employment Opportunity Commitment
Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, sexual orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.
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. Request a reasonable accommodation by sending an email to disabilityassistance@tevapharm.com with the nature of your request and your contact information. Only inquiries concerning a request for a reasonable accommodation will be responded to from this email address.
Important notice to Employment Agencies - Please Read Carefully
Teva Pharmaceuticals USA does not accept unsolicited assistance from agencies for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for this position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no pre-existing agreement is in place. Where agency agreements are in place, introductions are position specific. Please, no phone calls or emails.
