Financial Controller

Date:  Apr 26, 2024
Location: 

Sydney, Australia, 2113

Company:  Teva Pharmaceuticals
Job Id:  54944

Who we are

Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.

The opportunity

We are currently seeking a Financial Controller to join our dedicated Finance team based in Macquarie Park office. This is a role that focuses on leading the financial controlling function and team responsible for all ANZ legal entities at Teva Pharmaceuticals.
 

As the Financial Controller, you will be responsible for people management, statutory and group reporting, ensuring compliance with Sarbanes-Oxley and maintaining our control environment, managing treasury and cash flow, taxation and overseeing accounting operations.

How you’ll spend your day

In this role, your key responsibilities include:

  • Leading a team that provides accounting support to all Teva entities in ANZ
  • Proactively engage with internal stakeholders locally and globally across various Accounting & Finance divisions, Commercial and Research & Development business units, Business Solutions, Procurement, and Internal Audit
  • Ensure internal systems (SAP, Concur, Ariba) meet local business and financial reporting requirements (chart of accounts, cost centres, approval workflows), and
  • Ensure financial controls across the following key areas:

Financial and Group reporting

  • Ensure accurate and timely reporting of financial performance under both IFRS and US GAAP
  • Prepare annual consolidated financial statements for the ANZ Group and lead the annual statutory audit process

Sarbanes-Oxley and Control environment

  • Ensure accounting records are maintained in compliance with internal corporate policies and procedures as well as local statutory and taxation requirements
  • Ensure effective internal controls are in place and full adherence to Teva’s SOX and Compliance policies
  • Oversee annual internal audit

Treasury and cash flow management

  • Ensure ANZ treasury activities are in accordance with Teva Treasury guidelines, including local bank facility management and cash forecasting
  • Manage the relationship with local transactional banking service provider
  • Coordinate with the Board and Company Secretary to maintain bank account signatories for accounts
  • Administer the Teva Corporate Credit Card program

Taxation

  • Ensure all ANZ taxation compliance including Corporate income tax, payroll tax, fringe benefits tax, withholding tax in addition to ensuring compliance with R&D tax incentive requirements
  • Manage the relationship with local tax advisors and tax agent

Accounting operations

  • Oversee the effective operation and management of accounting activities for accounts payable and accounts receivable
  • Accounts payable
  • Coordinate with the procurement team to ensure local compliance with procurement policies and procedures
  • Train local colleagues to ensure an understanding of Group and Local Finance policies and procedures
  • Oversee vendor payment performance
  • Accounts receivable
  • Ensure timely collection of all accounts receivable balances and oversee payment allocation;
  • Coordinate with customer service and business planning & analysis teams to ensure all wholesaler rebates and credit requests are up to date
  • Ensure security interests are registered in the PPSR
  • Report monthly on key performance indicators

Your experience and qualifications

  • A degree in Accounting, Commerce or Business
  • Professional association membership (CAANZ or CPA Australia)
  • Experience working in a multi-national corporate environment
  • Experience in pharmaceuticals, FMCG or a product-related sector
  • Experience with SAP/Oracle
  • Experience managing an accounting team
  • Understanding of IFRS and USGAAP accounting principles
  • Good working knowledge of ANZ corporate income tax regime and sound general experience in other relevant ANZ taxes
  • Experience with Australian Research & Development tax incentive scheme and transfer pricing would be advantageous

Make a difference with Teva Pharmaceuticals

Please submit your CV and a cover letter summarising why you are suitable for the position.

Please note that only shortlisted candidates will be contacted.

Reports To

Finance Director ANZ

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.