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Associate Director Treasury

Date: Mar 15, 2019

Location: Parsippany, US, 07034

Company: Teva Pharmaceuticals

Company Info

Teva is a global pharmaceutical leader and the world’s largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide.  Our employees are at the core of our success, with colleagues in over 80 countries delivering the world’s largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we’ve built a promising pipeline centered around our core therapeutic areas.  We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation.  This is how we improve health and enable people to live better, healthier lives.  Join us on our journey of growth!


The Associate Director will join a fast paced department reporting directly into the Regional Treasurer in North America (U.S. and Canada), Teva’s most important region from a profit and cash flow generation perspective.  This exciting and challenging opportunity has wide-ranging responsibilities and requires an enthusiastic and experienced professional. This individual will provide timely, insightful financial analysis, treasury and cash management and other information to further our Company’s growth and success.

The Associate Director must have excellent knowledge in treasury operations, banking relations, financing, and treasury and ERP systems.  He/she must also demonstrate strong proven business partnership skills and business acumen, preferably in the pharmaceutical industry in the U.S.  The ability to create solid relationships across many areas of the business and finance (global and regional) are also required.

Job Description

  • Support the Senior Director of Treasury in building a treasury infrastructure that will grow with the business
  • Ensure knowledge and process transfer from the current team in Horsham, PA  
  • Actively manage the company’s liquidity forecasting process ensuring its accuracy and timeliness 
  • Assist with Letter of Credit/Bank Guarantees administration
  • Assist the NA Regional Treasurer in annual budget and forecast, and monitor its utilization
  • Assist with developing an advanced cash flow monitoring and forecasting tools and processes
  • Manage daily activities/borrowing needs to facilitate an efficient use of company’s cash
  • FX payments & reporting
  • Develop, maintain and monitor treasury operational policies and procedures to ensure a robust internal control environment
  • Automation of the banking platform and facilitate operational efficiencies
  • Establish strong relationships with NA accounting, FP&A and tax teams to support achievement of the Regional Treasury goals
  • Develop strong understanding of the U.S. Gx and Specialty business models, with special emphasis on gross to net dynamics
  • Support the SAP implementation in NA and ensure all treasury requirements are embedded
  • Ensure full adherence with all compliance, SOX, anti-fraud, anti-money laundering and all other applicable regulations


  • Bachelor’s degree in accounting/economics/finance or other relevant discipline is required; Master’s in a business-related field or MBA is preferred
  • 5+ years of experience in Corporate Treasury in a public company or Banking institution is required
  • Experience in a treasury or finance role in a US-based pharmaceutical company or a pharmaceutical company with significant U.S. presence is strongly preferred, especially in large companies (over $5B in revenues)
  • Ideal candidate will possess in-depth knowledge of the U.S. healthcare system and commercial relationships across the value chain, with strong emphasis on gross-to-net dynamics
  • Strong leadership
  • Experience working in complex, multi-national and multi-cultural environments
  • Experience with ERP implementations and specifically SAP
  • Highly proficient in Microsoft Office and Windows applications
  • Proficiency in Treasury systems, and specifically Quantum, would be an advantage
  • Ideal candidate will possess a CTP/CPA, relevant professional Treasury affiliations, and working knowledge of the current regulatory environment
  • Outstanding verbal and written communication skills, and excellent interpersonal skills, are essential
  • High degree of personal integrity and sensitivity to confidential information
  • Able to handle pressure/deadlines
  • An energetic and resourceful team player who can roll up their sleeves
  • Must be willing and able to commute frequently between Parsippany, NJ, and Horsham, PA while the Global Finance functions are transitioning to Parsippany 




Sub Function


Reports To

Sr Director - Regional North America Treasurer

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.

Nearest Major Market: New York City
Nearest Secondary Market: Newark