Job Description Summary
To support Commercial management in maintaining and improving economic performance by: Driving business strategy and its implementation manage monitor performance and be a business partner with the commercial team and country heads. Work with management to achieve sales and profit objectives as measured by accepted quantitative and qualitative financial standards and benchmarks. To be the economic conscience of the Commercial Function by actively managing their financial performance.
Job Description
Major accountabilities:
- Lead all forecasting cycles (TGT MYF Strategic plans LO) and ensure quality financial and business analysis to the management team to improve performance and define profitable growth strategies.
- Actively manages the performance management process to achieve the financial targets (Sales Operating Income Net Working Capital other relevant KPIs) by creating timely and transparent reporting with no surprises assessing risks and opportunities monitoring timely implementation of top line and bottom-line protection plans
- Evaluation of potential projects through financial and business analysis and advise the management team of the synergies of the project using financial/business valuation methods
- Drive and support tender management in the countries to ensure all opportunities are maximized.
- Partner with Commercial Heads in monitoring Sales out & controlling Stock In Trade
- Responsible on the monthly business review (MBRs) preparation and any relevant ad-hoc reporting required by management (e.g. business reviews local reporting Stock in trade reporting ...etc.)
- Products pricing and recommending the positioning of the product within the market along with price build up for new products and launches
- Support decision-making and controlling within the Marketing function through helping to develop financial evaluation of a) proposed projects and b) planned or actual data in order that enhanced financial performance is delivered
- Represent Finance within the Commercial Function to ensure that business planning accounting and control are integrated into the decision-making processes within the Commercial function
- Controlling and forecasting the departmental expenses by working with the department heads and leading any ring fencing and cost saving initiatives
- Responsible on all accounting and financial reporting to the hubs and ensure compliance with Sandoz accounting manual in all relevant reporting Ensure local processes are in line with SOPs and local laws to ensure high level of integrity and controls and meeting of Sandoz standards.
Key performance indicators:recasts
- Achieve timely and accurate monthly and quarterly closings
- Improving management reporting: Publish timely and regular information
- Support key business decision making
- Support strategic planning process
- Annual budget exercise and quarterly re-forecasts
- Accuracy and integrity of LOs accruals & provisions
Minimum Requirements:
Education:
- University degree in Finance or business related field
- Relevant management accounting and/or financial planning certifications preferred
Work Experience:
- 5-8 years of solid experience with full P&L and balance Sheet responsibility for all facets of a multinational business
- Multi-country financial operations experience is beneficial for this position Country-level experience should have included FRA & BPA as well as accounting and internal controls responsibilities.
Skills
Languages :
- English.
English (fluent)
Arabic is an advantage
Why Sandoz
Generic and Biosimilar medicines are the backbone of the global medicines industry. Sandoz a leader in this sector provided more than 900 million patient treatments across 100 countries in 2024 and while we are proud of this achievement we have an ambition to do more!
With investments in new development capabilities production sites new acquisitions and partnerships we have the opportunity to shape the future of Sandoz and help more patients gain access to low-cost high-quality medicines sustainably.
Skills Desired
Ability To Influence Key Stakeholders AI Driven Compliance And Controls Critical Thinking Data Cleansing / Normalization Data Visualization Employee Engagement Financial And Management Giving And Receiving Feedback Insight Generation Interpersonal Savvy Managing Ambiguity Market Understanding Planning & Analysis Process Optimization Rapid Problem Solving Reporting Understanding Value Drivers
Required Experience:
Manager
Job Description SummaryTo support Commercial management in maintaining and improving economic performance by: Driving business strategy and its implementation manage monitor performance and be a business partner with the commercial team and country heads. Work with management to achieve sales and p...
Job Description Summary
To support Commercial management in maintaining and improving economic performance by: Driving business strategy and its implementation manage monitor performance and be a business partner with the commercial team and country heads. Work with management to achieve sales and profit objectives as measured by accepted quantitative and qualitative financial standards and benchmarks. To be the economic conscience of the Commercial Function by actively managing their financial performance.
Job Description
Major accountabilities:
- Lead all forecasting cycles (TGT MYF Strategic plans LO) and ensure quality financial and business analysis to the management team to improve performance and define profitable growth strategies.
- Actively manages the performance management process to achieve the financial targets (Sales Operating Income Net Working Capital other relevant KPIs) by creating timely and transparent reporting with no surprises assessing risks and opportunities monitoring timely implementation of top line and bottom-line protection plans
- Evaluation of potential projects through financial and business analysis and advise the management team of the synergies of the project using financial/business valuation methods
- Drive and support tender management in the countries to ensure all opportunities are maximized.
- Partner with Commercial Heads in monitoring Sales out & controlling Stock In Trade
- Responsible on the monthly business review (MBRs) preparation and any relevant ad-hoc reporting required by management (e.g. business reviews local reporting Stock in trade reporting ...etc.)
- Products pricing and recommending the positioning of the product within the market along with price build up for new products and launches
- Support decision-making and controlling within the Marketing function through helping to develop financial evaluation of a) proposed projects and b) planned or actual data in order that enhanced financial performance is delivered
- Represent Finance within the Commercial Function to ensure that business planning accounting and control are integrated into the decision-making processes within the Commercial function
- Controlling and forecasting the departmental expenses by working with the department heads and leading any ring fencing and cost saving initiatives
- Responsible on all accounting and financial reporting to the hubs and ensure compliance with Sandoz accounting manual in all relevant reporting Ensure local processes are in line with SOPs and local laws to ensure high level of integrity and controls and meeting of Sandoz standards.
Key performance indicators:recasts
- Achieve timely and accurate monthly and quarterly closings
- Improving management reporting: Publish timely and regular information
- Support key business decision making
- Support strategic planning process
- Annual budget exercise and quarterly re-forecasts
- Accuracy and integrity of LOs accruals & provisions
Minimum Requirements:
Education:
- University degree in Finance or business related field
- Relevant management accounting and/or financial planning certifications preferred
Work Experience:
- 5-8 years of solid experience with full P&L and balance Sheet responsibility for all facets of a multinational business
- Multi-country financial operations experience is beneficial for this position Country-level experience should have included FRA & BPA as well as accounting and internal controls responsibilities.
Skills
Languages :
- English.
English (fluent)
Arabic is an advantage
Why Sandoz
Generic and Biosimilar medicines are the backbone of the global medicines industry. Sandoz a leader in this sector provided more than 900 million patient treatments across 100 countries in 2024 and while we are proud of this achievement we have an ambition to do more!
With investments in new development capabilities production sites new acquisitions and partnerships we have the opportunity to shape the future of Sandoz and help more patients gain access to low-cost high-quality medicines sustainably.
Skills Desired
Ability To Influence Key Stakeholders AI Driven Compliance And Controls Critical Thinking Data Cleansing / Normalization Data Visualization Employee Engagement Financial And Management Giving And Receiving Feedback Insight Generation Interpersonal Savvy Managing Ambiguity Market Understanding Planning & Analysis Process Optimization Rapid Problem Solving Reporting Understanding Value Drivers
Required Experience:
Manager
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