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BRIAN PERRELLA
CHERYL PEDOTA
Prabhdeep Singh
USA

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Manager - Financial Planning and Analysis (FP&A) Job

Date: Apr 1, 2019

Location: Plainsboro, NJ, US

Company: Novo Nordisk

About the Department
At Novo Nordisk, our Finance and Operations team works to provide strategic direction to the company, ensuring that everything we do is viable and built to last. Overseeing and safeguarding Novo Nordisk Inc.’s (NNI’s) short and long-term planning, Finance and Operations works closely with teams across the organization to develop strategies and business plans, monitor industry trends and provide operating recommendations. We regulate accounting, uphold workplace safety, manage our supply chain and sampling, support technology, maintain our facilities and assure the integrity and completeness of all business transactions. At Novo Nordisk, you will have the opportunity to build a life-changing career in a global business environment. We encourage our employees to make the most of their talent. And we reward hard work and dedication with the opportunity for continuous learning and personal development. Are you ready to realize your potential?


The Position
Independently performs controlling, analysis and reporting function for functional areas of responsibility. Develops, implements and maintains an effective planning and analysis capability that will provide senior leadership with appropriate analytical tools to establish goals and measure performance of the client group(s); Performs the monthly close responsibilities for assigned areas; Manages the budget for assigned client group(s) and senior management to evaluate spending performance and overall budget tracking. Analyses budgets, including expenses, risks and balance sheet accounts. May also educate budget responsible managers on budgeting/accounting techniques. Responsible for driving all forecast update cycles for assigned areas. Present forecast or actual results and findings to leadership team members on a recurring periodic basis.


Relationships
This position has a matrix reporting relationship. It reports on a solid line to the Director, Financial Planning and Analysis within Business Analysis, Finance Planning and Analysis, and has a clear dotted line to the supporting client group. This role will collaborate with Strategic Sourcing, and may manage or oversee a Financial Analyst.


Essential Functions
  • Provides formal and informal guidance, analyses, data retrieval etc. for assigned area. Primary financial contact for Functional Area and deals with all levels within that organization, from Vice President (VP) to Administrator
  • Active participant in budget review meeting between Finance and Functional Area. Provides Spending recommendations to Functional Area based on analytical analyses, acquired knowledge and judgment
  • Communicate/distribute final budget amounts to Cost Center Managers for assigned area
  • Coordinates/Prepares supporting analyses, schedules, spending summaries, as necessary, in support of Functional Area VP, for Executive Team (ET) Budget meetings
  • In conjunction with Cost Center Manager, ensures monthly budget phasing is appropriate
  • Interfaces with Functional Area to gain agreement as to supporting detail with respect to ET Budget review corrective actions and ensures appropriate systems are updated and reconciled
  • Budget revisions: Leads effort to coordinate, facilitate, update, create budget by Cost Center by Account, by Month for area of responsibility for each formal budget cycle. Primary source of support and guidance to Functional Area during budget cycle
  • Plans and establishes Budget Review meeting calendar for Functional Area
  • Prepares various analyses, schedules, commentary, as required by CPH Budget reporting document, in a timely and accurate manner
  • Responsible for ensuring Global Financial Planning system is updated, reconciled and in agreement with desired spend levels for assigned areas
  • In non-quarter months, provides Functional Area accrual recommendations at Monthly Closing Meetings, based on knowledge of assigned Functional Area
  • In quarter end months, meets with Functional Area Cost Center Managers to develop accrual journal entry support based on knowledge of assigned Functional Area, accounting principles and adherence to prescribed internal controls. Guidance is provided to Cost Center Managers as to the nature and propriety of accruals
  • Participates in Functional Area staff meetings, providing periodic updates of financial performance vs. Plan and communicating relevant financial issues
  • Prepares periodic reports of Spending for Senior Management, providing commentary and interpretation of results vs. Financial Plan
  • Reconciles assigned General Ledger Accounts to supporting detail on a monthly basis
  • Responsible for ensuring adherence to prescribed internal controls and documenting such adherence, as necessary, in conjunction with Sarbanes - Oxley requirements
  • Responsible for mastering and becoming expert in various financial systems such as Business Warehouse, Global Financial Planning, SAP R/3 and ESSBASE, as required
  • Routinely communicates business unit and company consolidated financial and operational performance trends, historical and forecasted, using appropriate metrics. Suggests trends, resulting implications, key actions, and strategic implications to client group(s)
  • Teaches, trains, supports assigned Functional Area with respect to Global Financial Planning, Business Warehouse and SAP R/3, as necessary.

Qualifications
  • A bachelor's degree in Business/Accounting/Finance/ Economics or another relevant field is required.
  • A minimum of 8 years accounting/financial analysis experience required. An advanced degree may be substituted for 2 years of professional work experience.
  • Pharmaceutical industry experience is preferred.
  • Strong business communication skills, both written and verbal.
  • Must have strong Microsoft Excel skills (VLOOKUP, pivot tables, etc.)
  • Proven ability to present as well as work independently with senior leaders.
  • Prior experience working as a Financial Planning & Analysis business partner is preferred.
Novo Nordisk is an Equal Opportunity Employer - M/F/Veteran/Disability/Sexual Orientation/Gender Identity.

If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please call us at 1-855-411-5290. This contact is for accommodation requests only and cannot be used to inquire about the status of applications.


Requisition ID: 59709BR
State/Provinces: Plainsboro
Job Category: Finance


Nearest Major Market: New Jersey

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