Costing Lead
Tel Aviv, Israel, 0000000
Job Description:
The Costing CoE function within TGO Finance plays a critical role in calculating and analyzing Teva's cost structure. By providing cost visibility and analysis, it supports informed decision-making, pricing strategies, budgeting, and profitability management. Its insights directly impact operational efficiency, financial performance, and the organization’s ability to achieve sustainable growth.
We Are Teva
We’re Teva, a leading innovative biopharmaceutical company, enabled by a world-class generics business. Whether it’s innovating in the fields of neuroscience and immunology or delivering high-quality medicine worldwide, we’re dedicated to addressing patients’ needs now and in the future. Here, you will be part of a high-performing, inclusive culture that values fresh thinking and collaboration. You'll have the room to grow, the flexibility to balance life with work, and the opportunity to better health worldwide, together.
How you’ll spend your day
- Analyze company COGS on a product level, providing business insights on cost drivers, trends and future business evolution. Responsible for YOY analysis and cost changes.
- Support the sites in their AOP and costing cycles submissions, validating the submission accuracy and alignment with costing methodology and guidelines.
- Be the Costing business partner to Procurement and EMSO
- Have accountability on knowledge sharing platform, own training sessions, timelines and guidelines publishing.
- Develop analytical processes, routines and tools to support costing analysis and validation.
- Support the improvement initiatives for sub-costing processes or enhancements for existing costing tools.
- Build partnerships and maintain strong collaboration with various stakeholders to Improve stakeholders understanding of standard costing impact on business performance.
- Manage communications with various TGO, commercial units and support potential costing scenarios.
- Partner with business leaders to support portfolio related decision making such as savings calculation for future improvements.
Your experience and qualifications
- Master’s/Bachelor’s degree in Economics/Management or equivalent.
- At least 8 years proven working experience in a global manufacturing organization in Finance/SC/Procurement positions.
- Previous costing experience
- Strong analytical skills with the ability to collect and analyze significant amounts of information with attention to details and accuracy
- Ability to work independently and under pressure
- Excellent communication and presentational skills
- System oriented with expert skills in Microsoft Excel and PowerPoint
- Experience with SAP MM/PC modules – advantage
- Fluent in English
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
How We’ll Take Care of You
At Teva, better health starts from within, and that includes you. From day one, you’ll be supported with benefits designed to help you thrive in and out of work. This includes generous annual leave, reward plans, flexible working schedules (dependent on role), access to tailored health support, and meaningful ways to give back to the community.
When it comes to your career, you’ll be encouraged to explore, evolve, and shape your path. Twist, our one-stop shop for career development platform, gives you access to a wide range of possibilities, from learning programs and short-term projects to opportunities for internal growth. Here, you’ll be part of a culture that empowers you to reach your goals and prioritize your wellbeing every step of the way.