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Analyst, Revenue Accounting

Date: Jun 3, 2021

Location: Parsippany, New Jersey, US, 07054

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!

Job Description

Analyst I, Alliance & Revenue Accounting

The analyst supporting Alliance Accounting is responsible for managing Canadian alliance partnerships (needs of internal / external business partners) and royalty income agreements. The analyst will also review product specific business results and perform analysis to ensure accurate profit share reporting with partners and accrual of financial obligations.

ESSENTIAL JOB RESPONSIBILITIES:

  • Prepare and perform analyses to support the alliance and revenue accounting teams.  Identify trends, share insights and drive improvement / efficiency to the close process     
  • Analyze actual results against forecast / prior periods to understand performance and effectively communicate results with internal / external business partners
  • Develop and maintain relationships with internal business partners to understand contractual obligations (and potential changes thereto), challenges with partners and other support activities.  
  • Validate inputs, calculations and profit share statements to ensure accurate financial results.
  • Analyze changes in business results (sales trends, adjustments to reserves, etc…) to support accurate financial close and inquiries from internal / external business partners.
  • Maintain relationships with external business partners to ensure accurate / timely reporting of royalty income obligations to Teva.  Develop forecasts for material inbound royalty streams to support business estimates due to FP&A quarterly.
  • Frequent communication with external business partners.  Facilitate third party reviews as requested by business partners.
  • Participation in financial close process including but not limited to journal entries, reconciliations, account variance analysis and other ad-hoc analysis.    
  • Follow Teva Safety, Health, and Environmental policies and procedures. 
  • Other duties as assigned or as business needs require.

Qualifications

EDUCATION REQUIREMENTS: Bachelor of Science Degree in Accounting or related field required. CPA preferred.

JOB QUALIFICATIONS (Training, skills, and experience) REQUIRED:

  • Minimum of 2 years of accounting or auditing experience required.
  • Strong verbal and written communication skills required. 
  • Excellent PC skills required, notably Excel.
  • Advanced Excel skills preferred.
  • Must demonstrate analytical, problem solving and process focused skills. 
  • Must have attention to detail, organizational skills, and ability to multi-task. 
  • Experience with Oracle and SAP desired.
     

Function

Finance

Sub Function

Accounting

Reports To

In process of validation

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 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. 


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