Associate Director, US Generics Finance

Date: Sep 6, 2024

Location:

Parsippany, United States, New Jersey, 07054

Company: Teva Pharmaceuticals

Job Id: 57975

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

The primary responsibility of the role is to provide Financial planning reporting and analysis support to the US Generics Organization including preparation of quarterly forecasts, annual budget and long range plans and reporting actuals variances vs forecasts including business drivers.

The position will also support financial planning for new products launches, portfolio profitability review and optimization, and, manufacturing and supply chain financial consultation for the US Generics business.

Location:This is a hybrid role (3 days/week in office) based in our Parsippany, NJ office

How you’ll spend your day

• Support US Generics by developing quarterly, annual and long range financial forecasts and assess business drivers as well as opportunities and risks in the forecast; Communicate significant assumptions to senior management; and analyze actual results compared to forecast and plan.

• Support forecasts and planning for New Product Launches (NPL) and work closely with the Commercial Forecasting team to identify key forecast parameters as well as risk and opportunities and communicate significant assumptions to senior management.

• Lead financial analyses in support of US Generics commercial, manufacturing and supply chain decisions with emphasis on maximizing commercial value while reducing write-off risks and working capital requirements

• Provide Profitability review for Generics portfolio and work with Commercial, Manufacturing and Supply Chain teams on projects to identify levers to help improve portfolio profitability.

• Analyzes and communicates trends and other financial/operational relationships that may impact future financial performance.

• Provide ongoing Systems related support to Generics area including ensuring accuracy of financial data in the systems, loading forecasts and plans and checking the accuracy of the costing information.

• Delivers financial presentations to key members of the leadership team.

• Carries out responsibilities in accordance with the organization’s policies, procedures, and state, federal and local laws

• Embrace additional ad hoc assignments, showcasing your agility and commitment to delivering exceptional results as needed.

Your experience and qualifications

Education

• Required: Bachelor’s degree in Economics, Finance, Business Administration, or Accounting;

• Preferred: CPA or MBA

Experience Required:

• Minimum 7 years’ experience in financial planning and analysis role, preferably in various capacities or rotations in a pharmaceutical environment.

• Demonstrated experience in Financial Planning Reporting and analysis in a complex environment for a portfolio of products with excellent knowledge of financial accounting and systems including advanced Excel experience

Experience Preferred:

• Taking ownership of business processes, systems and reports and making them accurate and high value add for business customers and partners

• Experience with Teva’s procedures and internal financial systems

• Knowledge of Excel, PowerPoint and SAP

• Exceptional ability to analyze and understand large scale and cross functional information.

• Strong analytical, financial analysis and critical thinking skills.

• Experience with Teva’s procedures and internal financial systems

• Exceptional ability to analyze and understand large scale and cross functional information.

• Ability to work with large amounts of data.

• Ability to work with individuals at various levels of the organization in a collaborative manner.

• Strong communication skills.

• Flexibility in assuming new responsibilities as business needs evolve

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, 13 paid Holidays and 3 paid floating 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 (https://performancemanager.successfactors.eu/sf/careers/jobsearch?bplte_company=1080030P)

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.

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.

EOE including disability/veteran