Bristol Myers Squibb Hiring for Senior Manager, Business Controls Function Middle East & Africa Job at Dubai Full Time

At Bristol Myers Squibb, we are inspired by a single vision – transforming patients’ lives through science. In oncology, hematology, immunology and cardiovascular disease – and one of the most diverse and promising pipelines in the industry – each of our passionate colleagues contribute to innovations that drive meaningful change. We bring a human touch to every treatment we pioneer. Join us and make a difference.

Bristol Myers Squibb is a leading global biopharma company focused on discovering, developing and delivering innovative medicines for patients with serious diseases in areas including oncology, haematology, immunology, cardiovascular and neuroscience. Our employees work every day to transform patients’ lives through science.

The Role

We are now recruiting a Senior Manager, Business Controls Function Middle East & Africa. The Local Business Controls Function (BCF) associate for commercial markets is a leader and expert in financial, operational and anti-fraud internal controls, helping mitigate risk in Bristol Myers Squibb’s (BMS) commercial market..

Position purpose:

• The position reports directly to the local Finance Director for day-to-day oversight, with an indirect, dotted-line reporting relationship to the corporate BCF management.
• The corporate BCF management provides governance, training, guidance and the framework and tools necessary for the local BCF to meet the job’s requirements.
• This role executes all BCF responsibilities as outlined in a Service Legal Agreement, roles and responsibilities document, including anti-fraud, bribery and corruption (AB&C) monitoring, execution of a financial, operational and fraud risk assessment, third party monitoring, Sarbanes-Oxley (SOX) compliance, and other risk management activities.
• The position interacts closely and is a partner to the market’s senior leadership, including Commercial, Law & Compliance, Finance, Market Access, Medical, and other functions, collaborating to mitigate the key risks that pharmaceutical manufactures’ face in international markets, with support from a the corporate BCF management’s Regional associates.

Key responsibilities:

Financial, Operational & Fraud Risk Assessment & Mitigation

• Leader in the commercial market in identifying and mitigating financial, operational and fraud risk assessment with assistance and oversight from the Regional BCF, through proactive risk assessment.
• Work with local management to identify risks utilizing the corporate BCF’s framework, including monitor higher risk areas and development of efficient and effective mitigation actions and process improvement opportunities.
• Consult and collaborate with corporate BCF leadership and BPCs in recommending changes to globally designed controls, processes or procedures (including locally executed controls that differ from globally designed controls/end-to-end process).
• Present results of the risk assessment to the market’s senior leadership using dash boarding. Results of the risk assessment are consolidated and presented by the corporate BCF to senior corporate leadership.
• Actively identify, evaluate and report on deficiencies in the market’s internal controls over financial reporting, including out of period financial statement adjustments, control failures identified during the quarterly financial statement close, Sarbanes-Oxley testing performed by a central SOX team, and Global Internal Audit & Assurance (GIA) Department observations.
• Participate in design and control deficiency remediation plans. Partner with the corporate BCF’s Business Process Champions (BPCs) to evaluate nature, remediation, severity, and pervasiveness of deficiencies in internal control over financial reporting.
• Proactively ensure that the local market executes internal controls over financial reporting as required by the Company’s internal control standards and policies and procedures.
• Submit quarterly change in control reporting to corporate BCF management, working with local Business Process Owners (BPOs) and the BPCs to identify innovative risk mitigation and control enhancement strategies, in particulate for significant organizational, process or system changes.
• Monitor and update the status of deficiencies and related remediation identified in GIA observations resulting from commercial market audit.
• Respond promptly to Regional BCF inquiries in the aforementioned areas to assist in preparing corporate BCF leadership for presentation to the CFO and other senior management.

Anti-fraud, bribery & corruption monitoring activities

• Execute all market AB&C/FCPA and anti-fraud monitoring testing, including sampling of cash disbursements and travel and entertainment (T&E) expense transactions.
• Summarize findings in report and present to the market’s senior leadership, including the Compliance Committee comprised of Commercial, Finance, Law & Compliance, Market Access and Medical.
• Escalate severe issues to Law & Compliance and BCF Leadership as necessary, including for determination of whether investigations are required.
• Respond to inquiries from BCF corporate leadership related to quality control review of work papers.
• Assist corporate BCF management and Law & Compliance with monitoring (other than routine disbursements and T&E testing described above), as required, to help ensure compliance with laws and regulations, industry codes of ethics, and BMS policies and procedures.

Third-party Risk Management

• Contribute to the third party risk management program planning with the corporate BCF, including determination of distributor and contract sales organization (CSO) monitoring procedures, contract review, and interviews of local management to identify risk areas of concern to local BMS management.
• Assist with due diligence for new third parties and execute on-site monitoring engagements under Regional BCF oversight.
• Prepare and present results to local market and corporate BCF senior leadership, including development of remediation plans.
• Follow-up to ensure prompt and effective remediation plan implementation.

BCF & Finance Project Management

• Participate on special projects and data analytics activities designed to enhance compliance, improve performance or increase efficiency within the commercial market. Actively participate on all Corporate financial/compliance systems implementations to ensure the appropriate internal controls over financial reporting and compliance are incorporated into the system and related business processes.
• Main point of contact in the market for all policy and procedure questions, responding with speed and accuracy, and when necessary in collaboration with the Regional BCF and corporate BCF management.
• Deliver periodic training on internal controls, corporate policies, procedures and directors to personnel in the market.
• Assist local market Finance Director with special projects, including financial planning and analysis, and process improvement and simplification opportunities.
• Work with local Finance management to help ensure channel inventory level compliance (i.e. to ensure days on-hand inventory is not in excess of prescribed levels without receiving approval for permissible exceptions).
• Prepare the fixed asset verification and update at least annually or more frequently as deemed necessary based on risk factors.
• Determine adequacy of inventory cycle count methodology and monitor the results of counts conducted at BMS or third party warehouses.

Audit Support

• Assist and support as necessary local operations and Finance with internal and external audits. Activities include responding to inquiries and ensuring audit requests are satisfied, serving as the primary liaison between GIA or the external auditor and the business (e.g. providing explanations regarding controls, policies and procedures, end-to-end business processes, identifying and facilitating control owner discussions, reviewing and consulting on findings and observations, etc.).

Investigative Support

• Provide periodic investigative support under Law & Compliance and BCF International Lead’s supervision (e.g. matters of occupational fraud, compliance matters, policy and procedural violations, etc.).
• Gather and analyze documentation and data, facilitate interviews, provide an understanding of financial controls and understand possible override, participate in remediation planning and execution.

Developmental value:

• Opportunity to enhance understanding of the key financial, operational and fraud risks facing pharmaceutical manufacturers and their commercial environments, while working with senior leaders.
• Opportunity to be part of a professional and high performing team of over 90 professionals, that is continually evolving and reacting to the key, top-of-mind risks facing senior management and an integral contributor to the Company’s overall enterprise risk management program.
• Develop the ability to effectively communicate, impact, and influence within the Company to deliver superior business results and protect shareholders.
• Collaborate with key leaders in various functions including Commercial, Finance/Accounting, Law & Compliance, Investigations, Business Process Owners, and Global Internal Audit & Assurance, while building relationships and executing tasks that help create career opportunities and broaden experience and skill set.
• Career development through support provided by a dedicated corporate BCF leadership team of strategically located professionals and subject matter experts responsible for the department’s framework and governance (including updated work instructions, training, analytics, prompt responses to day-to-day inquiries, and career coaching).
• Participate in periodic “Tours of Duty” and special projects with other departments to enhance exposure and skill set (e.g. corporate initiatives, guest internal auditor programs, temporarily covering for other BCF associates in corporate functions or commercial markets on a rotational basis, peer review programs, etc.).

Required skills & desired experience:

• 5 to 10 years total professional experience in accounting, audit, investigative and similar functions. Big 4 public accounting / consulting experience desirable.
• Prior pharmaceutical manufacturer or similar experience desirable.
• Experience executing risk assessments, detailed transaction testing, and suggesting internal control and remediation measures required.
• Basic understanding of the Sarbanes-Oxley Act, Foreign Corrupt Practices Act (or similar local legislation), and local/regional industry codes governing interactions with healthcare professionals and organizations is required.
• Appreciation of and ability to articulate key compliance risks facing global pharmaceutical manufacturers necessary.
• Understanding of accounting principles, financial statement audit and disclosure requirements, and internal controls required.
• Experience or desire to learn about conducting third-party risk assessments and monitoring activities (e.g. distributors, contract sales organizations, etc.).
• Experience in financial analysis and data analytics desirable.
• Previous Finance department experience a plus (e.g. financial analysis, budgeting, close responsibilities, financial system implementations, etc.).
• Ability to manage multiple projects and competing priorities, while working independently with speed and accountability.
• Business partner attitude and ability to collaborate with different functions.
• Comfort and desire to be hands-on and analyze transactions through detailed attribute testing, financial analysis, process understanding, etc.
• Ability to work with a range of technically and culturally diverse people.
• Ability to effectively communicate to a diverse audience, at multiple levels within the company and deliver effective, motivating training.
• Ability to establish formal relationships across functions to drive performance and improve process.
• Ability to display tact and diplomacy in difficult situations and an appreciation of the importance of confidentiality of matters. Includes ability to address controversial issues of assessing risk in a non-adversarial manner.
• Understanding of the importance of confidentiality and the attorney-client privilege and work product doctrines.
• Strong written and verbal communication to facilitate relationship building with peers and senior management. Comfort presenting to senior level leadership on areas that are significantly risky from a reputational perspective.
• Ability to assess and resolve problems, including through the use of data analytics, and proactively identify trends that would be of concern to the BCF corporate and senior management.
• Strong, proven leader, influencer, change agent, and executive presence.
• Ability to execute a solution in a confident and successful manner.
• Priority setting and discipline to meet required deadlines managing multiple demands.
• Have the ability and flexibility to adjust plan to a changing environment.
• Proactive approach, able to work on own initiative and without close supervision.

Qualifications:

• Certified Public Accountant or equivalent. Certified Fraud Examiner, Certified Internal Auditor and similar designations desirable.
• Bachelor’s degree in accounting/finance or similar degree required. Advanced, graduate degree desirable.

Languages:

• Full professional proficiency in English
• Arabic is a plus

Interested candidates are asked to apply by April 1st.

What’s important to us

Employees are expected to display the BMS Values, which move us toward our mission to discover, develop and deliver innovative medicines that help patients prevail over serious diseases:

Passion: Our dedication to learning and excellence helps us to deliver exceptional results.

Innovation: We pursue disruptive and bold solutions for patients.

Urgency: We move together with speed and quality because patients are waiting.

Accountability: We all own BMS’ success and strive to be transparent and deliver on our commitments.

Integrity: We demonstrate ethics, integrity, and quality in everything we do for patients, customers, and colleagues.

Inclusion: We embrace diversity and foster an environment where we can all work together at our full potential.

We have a passion for tackling the toughest diseases, which inspires innovation and speed in our daily work and a sense of accountability to the patients we serve.

Around the world, we are passionate about making an impact on the lives of patients with serious diseases. Empowered to apply our individual talents and diverse perspectives in an inclusive culture, our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.

Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives.