1+ months

Financial Analyst I

Parsippany, NJ 07054
  • Jobs Rated
    37th
Company Info

Company Info

 

Teva is a global pharmaceutical leader and the worlds largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide.  Our employees are at the core of our success, with colleagues in over 80 countries delivering the worlds largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and weve built a promising pipeline centered around our core therapeutic areas.  We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation.  This is how we improve health and enable people to live better, healthier lives.  Join us on our journey of growth!

 

Teva has moved their  North America Headquarters to Parsippany, NJ!  If you thrive in a unique and creative work environment that will nurture your professional development, we offer you the opportunity to accelerate your career growth. Be a part of the integrated innovation during this exciting time and be a part of TEVAs NA HQ growth!  Our accounting and finance team is a critical part of TEVAs business operationsYou will be a part of the collaboration that will help standardize our systems landscape and core business processes, revise our delivery model and extend our commercial capabilities with digital tools.   

This position is located in 400 Interpace Parkway Parsippany, NJ 07054, but will have to travel to our PA location for a portion of time.

 

We offer a competitive benefits package including Medical, Dental, Vision, and Prescription coverage starting on the first day. We also offer Disability and Life Insurance, Paid Time Off, 6% match on the 401(k), Employee Stock Purchase Plan, and Tuition Assistance.

Job Description

The Financial Analyst will be responsible for reviewing and analyzing customer credit reports, financials, industry news, as well as apply his/her own knowledge and experience to perform financial ratio analysis to identify trends, and set the recommendation of new or adjustments to existing credit limits with the goal to maximize collections and minimize past due balances. Perform, at minimum, yearly financial credit reviews on existing customers to maintain credit limits aligned to the customer credit worthiness in adherence to Sarbanes Oxley internal control procedures. The Financial Analyst is also responsible for the independent daily review of pending orders that have failed the credit limit check, preparation of the required documentation of holds or releases, and timely notification to the assigned Accounts Receivable Manager, Accounts Receivable Specialist, Sales and Customer Operations of the held order. Perform regular analysis and review of the customer past due status, payment history and credit worthiness to release held orders as applicable. Serve as a primary, knowledge based resource to the Accounts Receivable Lead in the areas of Customer Master, Credit Processing, SPS/PSS/UPS 3rd party relationships and cash application to analyze potential solutions to issues, troubleshoot, reconcile differences, and identify, test and implement efficiencies through automation to reduce or eliminate manual processes. The Financial Analyst will have regular internal contact with Teva employees at all levels, Customer accounting departments to obtain financials on non-publicly held organizations, as well as our 3rd party (3PL) partners. The Financial Analyst will also be expected to meet all month/quarter/year end deadlines.

 

 

Responsibilities:

Review credit reports and financials. Perform financial ratio analysis to recommend new or adjust existing credit limits.

Review and release or hold of customer orders based on past due, credit limit, and overall credit worthiness of customer account.

Troubleshoot, analyze potential solutions to issues, reconcile differences and identify areas for improvement via automation in the Customer Master, Credit Processing, and 3PL partnerships areas. Lead the effort to test and implement solutions.

Responsible for meeting all month, and quarter end deadlines, including but not limited to the quarterly POD project.

Guide the team as a key resource and back-up to the Lead, Accounts Receivable.  

Follows Teva Safety, Health, and Environmental policies and procedures. 

Other projects and duties as required/assigned

 

Qualifications

 

Bachelors degree in Finance, Business or related discipline.

3-5 years related experience in the Pharmaceutical, CPG, Medical Device or related Industry.

Advanced Excel skills (pivot tables, vlookup) required.  Oracle and SAP experience preferred.

Solid knowledge of financial statements, liquidity ratios, trend analysis.

Approval of credit lines.

 

 

Function
Finance
Sub Function
Business Finance
Reports To

Associate Director Finance AR

Tevas Equal Employment Opportunity Commitment
Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, sexual orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws.

Categories

Jobs Rated Reports for Financial Analyst

Posted: 2019-05-16 Expires: 2019-08-25

Join us at the forefront of pharmaceutical research and production. With state-of-the-art facilities, highly skilled colleagues, and a high-powered organizational culture, Teva offers you countless possibilities to make a real difference in people's lives and add value to your career.

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Financial Analyst I

Teva Pharmaceuticals
Parsippany, NJ 07054

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Financial Analyst
37th2018 - Financial Analyst
Overall Rating: 37/220
Median Salary: $84,300

Work Environment
Good
55/220
Stress
Medium
97/220
Growth
Fair
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