Novartis - Head - Financial Control & Compliance - CA

Designation : Head Financial Control and Compliance

Job Location : Hyderabad

Experience : CA with Min 12 Yrs exp in Internal Audit, SOX, Compliance, Risk Management

JOB PURPOSE :

- Ensure compliance with Novartis Financial Control Manual (NFCM) requirements, including internal and external regulations (e.g. SOX requirements) for Swiss Finance Service Center, Divisional Finance (and other functions like supply chain) and outsourcing partners for defined area of responsibility.

- Provide deliverables according to NFCM schedule and coordinate with Divisional Finance and Outsourcing providers (O&O) on establishing and maintaining an adequate control environment.

- Support global finance process improvement initiatives, sharing leading practices.

MAJOR ACCOUNTABILITIES :

NFCM processes :

- Provide all required NFCM deliverables according to the communicated schedule.

- Perform risk-assessment and self-assessment, test FSC owned controls, including Segregation of Duties

- Raise awareness of key risks and risk response

- Keep tracking of own and Divisional Finance/O&O Action items/deficiencies (may come from different sources like IA, NFCM self-assessment, PwC etc.)

- Process walkthroughs as required/requested

- Act as local SoD validator for SAP GRC Access Control

- Co-ordinate and support SOX 404 attestation processes

Business processes and SOPs :

- Support implementation of standard processes and tools (e.g SRM)

- Ensure understanding of the standard processes and controls related requirements

- Monitor and improve compliance embedded in business process

- Lead or participate in business process reviews/walk-throughs.

- Conduct ad hoc audit/compliance checks in the FSC on a regular basis

- Conduct ad hoc audit/compliance checks at Divisional Finance when required

- Identify root causes of problems and recommend controls or process improvements

- Assist in the review of new SOPs and review existing SOPs

Internal and external Audits :

- Prepare and support FSC & Divisional Finance for audits

- Support / assist auditors during their mission

Training :

- Provide/initiate training on compliance requirements to controls owners in FSC, Divisional Finance and O&O

- Ensure to be up-to-date on periodical changes on compliance requirements

Other Projects :

- Specific projects on behalf of FSC, Region, or Group

Functional Experience :

- 10 - 12 Yrs experience in matrix multinational business environments

- Audit experience useful (internal - at least 5 years).

- Sound knowledge of project management

- Sound knowledge of financial controls & SOX requirements

- Professional relationship to external auditor

- Application and understanding of the project management tool