The FC&C manager will be responsible for delivering a high quality and sustainable control environment at the FRA FSCs in the Region in compliance with Novartis Standards of NFCM, CLC, FinRA and others compliance deliverables from time to time She / he will work in collaboration and alignment with the in-
country FC&Cs and ensure delivery of the divisional requirements towards in-market reviews, Hot Spot management and remediation and Hypercare support both on-
site and off-site. She / he will assist assigned markets in the implementation of NFCM / SOX, the identification and remediation of any control gaps, define the root causes of compliance gaps, identify pattern of defects and develop in-
process solutions and tools in collaboration with the markets, peers and process champions. Share best practices across countries by conducting trainings in the areas of internal controls, fraud awareness and NAM and IFRS compliance.
Major Accountabilities : :
Technical Ensure compliance with IFRS / IAS and Novartis Accounting Manual (NAM) through execution of in-market / FCCR on-
site reviews and assessments. Improve and ensure the quality of account reconciliations at the market level via market visits.
NFCM / SOX Establish processes to assist in implementation and validate internal controls according to the requirements of NFCM, SOX and Novartis policies.
Ensure the effective testing / validation of identified / tested key controls for markets in assigned region. Execute training on testing / validation expectations and assess effectiveness in conjunc-
tion with in-market reviews. Execute periodic follow-up with all markets towards reporting open action status for remediation of Internal audit, NFCM and / or FCCRs and assist as required with resolution and implementation of agreed remediation actions.
Trainings and Support Perform a comprehensive risk assessment of markets within region on at least a quarterly basis, to identify and prioritize remediation activities for elements / entities of known risk.
Conduct trainings, in co-operation with Divisional FC&C team within Novartis, in the areas of in-ternal controls and fraud awareness Provide support, including training and consultation within the framework of agreed interaction, for those assigned markets which are subject to Internal Audit Review.
Support assigned markets during all phases of audit, including during remediation and follow-up phases. Process Excellence Utilize Novartis or external methodologies on IQP, Lean and Six sigma to continuously improve and enhance control processes Support entities within the assigned Region in improving the efficiency and effectiveness of main business processes and procedures Identify / develop tool / methodology to simplify the testing process of internal controls to enhance assurance.
Key Performance Indicator(s) : :
Conduct assigned number of in-market / FCCR reviews Timely sign-off on SOX 404 attestation by 100% of assigned entities with no critical control defi-
ciencies Passing external audits (no material errors reported) To the extent not identified as part of the Risk Assessment process, no unsatisfactory internal au-
dits within assigned area No Past Due audit comments (internal or external) associated with assigned entities Number of successful process excellence initiatives and the corresponding savings
University degree, Certified Public Accountant / Chartered Accountant, Fluent in English both written and spoken Strong technical competence acquired in : Audit and Financial Reporting & Accounting : Big 4 and / or Public Accounting experience External Reporting Function : 5-
7 year experience acquired in one of these areas in a multinational company Internal and / or Compliance Function : experience acquired in one of these areas in a multinational company Knowledge of Asian markets