AstraZeneca Hiring for GCC Director Financial Controlling Job at Dubai Full Time

JOB TITLE

GCC Director Financial Controlling

ABOUT ASTRAZENECA

AstraZeneca is a global, science-led, patient-focused biopharmaceutical company that focuses on the discovery, development, and commercialisation of prescription medicines for some of the world’s most serious diseases. But we’re more than one of the world’s leading pharmaceutical companies.

ROLE SUMMARY

The purpose of this role in the organization is to ensure that the company operates within a robust accounting and internal controls environment thereby safeguarding company’s assets (tangible / intangible / financial) and protecting the license to operate. The role is also required to drive the strategies for achieving the Group’s cash metrics.

The role-holder will provide high level review of key controls and material transactions across Marketing Company. The incumbent will ensure continuous process improvement from an operational standpoint. Success will depend on effective liaison with functional and business colleagues across AZ to ensure clarity and drive improvements. This role is a sole contributor with potential line management being assigned at the later stage. will have extensive liaison with outsourced accounting teams.

What you’ll do

Financial Controlling (Strategy and Operational)

• Oversee the completeness of Month End Close activities in a timely manner and ensure the integrity of the reported numbers.
• Oversee the financial accounting and liaise with local accountants, GFS Middle Office and GFS Back Office for accurate and timely completion of financial accounting activities within the Group accounting and reporting deadlines.
• Assume overall responsibility for cross-team delivery within each finance tower (Record-to-Report, Procure-to-Pay, Order-to-Cash, Cash-and-Banking and Travel-and-Expenses).
• Main point of Contact with GFS Back Office to drive relationship for transactional services based in India (P2P, SOTC, R2R, Master Data) providing approvals/escalation point.
• Review and approve the Journal Vouchers prepared by Middle Office or Back Office teams, provide support documentation, guidance on chart of accounts and additional posting Keys, performing Balance Sheet reconciliation on these GLs owned by the market and perform random reviews on trial balance.
• Liaise with Group Finance teams (GFR, GFS, etc.) to remain up-to-date with latest accounting and technical pronouncement, and ensure that any such new requirements are implemented within the relevant timelines.

Risk / Controls / Governance

• Leading insightful and proactive financial risk management processes to ensure the organisation’s regulations, rules and processes are adhered to, highlighting areas of concern and promoting continuous improvement in the robustness of the processes, sharing best practice across the business.
• Leading execution of internal / external financial audits, manage the request of information ensuring timely compliance with requirements, working closely with the cross-functional teams.
• Lead implementation of Financial Controls Framework (FCF) for Embedded Finance and ensure timely monitoring and reporting of these controls and support the standardization of controls/policies/governance by Middle Office.
• Lead improvements in controls and efficiency are continually being sought through Process or System enhancements.
• Provide recommendation / inputs / reviews for process simplification, including support for developing policy statements and standard operating procedures for finance related activities.
• Communicating governance and compliance standards and statutory regulations to non-specialists in a way that is understandable and relevant and relays the risk of commercial decisions effectively.

Cash Conversion Cycle / Customer and Vendors Management

• Main point of contact with distributor on AstraZeneca behalf for AR management/Cash Collections & DSO.
• Work closely with the Collections and Procurement teams to ensure that DSO and DPO targets are achieved.
• Assist the CFO in timely collections accounts receivables, and in resolution of any disputes with the customers.
• Perform due diligence reviews and financial assessments for customers and vendors.
• Review and validate customer claims for accuracy of financial data and related computations.

Other

• Manage the taxes calendar with different external parties and Group/Middle Office taxes team, properly review tax calculations prepared by 3rd party including but not limited to VAT, Provisional Taxes.
• Provide support to cross-functional teams (Compliance, Legal, Regulatory, Commercial Operations, Supply Chain, etc.) as and when required, specifically in the areas of governance.
• Act as / manage key point of contact/system admin with Bankers, ensuring mandates are up to date, banking approvals and different authorizations.
• Perform checks on POs created by different functions and ownership of the governance process/Interacting with P2P, PO creators, Procurement Manager.

Adhere to correct accounting treatment related to post deal management on agreements

Collaborating and Influencing others:

• Work collaboratively across functional areas, serving as a resource within the region and by leveraging the expertise of others.
• Act as a liaison between the access and other cross-functional areas, persuading, convincing or motivating a targeted audience through collaboration and direct or indirect influence.

Corporate responsibility:

• Maintain highest ethical standards and work in a spirit of AstraZeneca Code of Ethics, following rules & norms set by corporate policies.
• Ensure that all conducted activities are done in accordance with local legislation and corporate standards.
• Timely report (as per respective procedures): health/environment/wellbeing related accidents; adverse events that you became aware about; change in status of your Conflict of Interest.

Essential for the role

• Degree in Finance / Accounting
• 10 -15 years of Financial Accounting and Controlling experience
• Working knowledge of IFRS / Local GAAPs
• Advance Level MS Excel user
• Strong communication and presentation skills
• Experience of working in a global pharmaceutical organisation / understanding of the drug development life cycle and/or commercial aspects
• Hands on experience of managing a busy process team delivering to strict deadlines
• Excellent leadership skills particularly around people development and customer centricity.
• Experience working in/with a Shared Service Centre
• Fluent in English / Arabic nice to have

Desirable for the role

• CFA / CPA Holder
• Big 4 accounting firm background
• Work experience within a multinational / matrix organization
• Good working knowledge of SAP
• Experience working with outsourced providers
• Project management skills

Why AstraZeneca?

At AstraZeneca we’re dedicated to being a Great Place to Work. Where you are empowered to push the boundaries of science and unleash your entrepreneurial spirit. There’s no better place to make a difference to medicine, patients, and society. An inclusive culture that champions diversity and collaboration, and always committed to lifelong learning, growth, and development. We’re on an exciting journey to pioneer the future of healthcare.

So, what’s next?

• Are you already imagining yourself joining our team? Good, because we can’t wait to hear from you.
• Are you ready to bring new ideas and fresh thinking to the table? Brilliant! We have one seat available, and we hope it’s yours.

Where can I find out more?

Our Social Media, Follow AstraZeneca on LinkedIn

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