Financial Operations Expert: Treasury Cash Management
hace 2 semanas
The position of Financial Operations Expert in Treasury Cash Management plays a vital role within Novartis' Global Service Center (NGSC) by ensuring the quality and effectiveness of the cash disbursement process. As a seasoned professional, you will act as a role model for the Payments Team, providing guidance, knowledge-sharing, and empowerment to junior team members while demonstrating strong leadership skills.
Key Responsibilities:
- Operational oversight to provide services at expected levels with a clear customer focus, including handling exceptions
- Functional guidance from TCM Payments perspective for business transactions, interacting proactively with NGSC and Divisions to ensure accurate Cash Disbursements
- Collaboration with key stakeholders, including senior level cross-Novartis entities business colleagues and Novartis local entity/group financial reporting and accounting
- Serving as a Subject Matter Expert (SME) for related policies and processes, supporting productivity objectives and continuous improvement, process changes, and leading practices to achieve an efficient and effective process
- Driving and monitoring improvements to sustain a highly effective and efficient TCM Cash Disbursement process, realizing cost reduction opportunities, including areas to harmonize and standardize processes
- Managing the payment preparation and execution life cycle according to business needs and following Treasury rules
- Performance Management and Service Delivery Processes accurately for all multi-entity payment runs through SAP following the Novartis schedule and guidelines
- Ensuring proper document management (retention of payment request evidence and other audit relevant documents)
- Timely resolution of unpaid items, items excluded from payment proposal, returned payments, and incoming payments from suppliers
Ideal Background:
Educated to university level degree in Accounting, Business Administration, Economics, Finance, or related fields. Fluent in English, both written and spoken, with excellent communication skills. Other languages are a plus.
Experience: 4-6 years of relevant experience, with good functional exposure to Accounts Payables processes and Treasury and Cash Management. In-depth knowledge of Accounts Payables processes and system solutions. SAP knowledge: experience with SAP FI/MM. Conceptual thinking and ability to align specific functional requirements with the overall Treasury & Cash Management strategy.
Estimated Salary: Approximately $65,000 - $85,000 per annum, depending on location and experience.
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