OTP Senior Business Analyst

OTP Senior Business Analyst

Location: Warsaw

Hybrid model: 3 days per week from office

At AstraZeneca we put patients first and strive to meet their unmet needs worldwide. Working here means being entrepreneurial thinking big and working together to make the impossible a reality. If you are swift to action confident to lead willing to collaborate and curious about what science can do then youre our kind of person.

Finance at AstraZeneca has a clear vision to drive growth through innovation by being trusted partners who add value through connection and innovation in support of the companys purpose and ambition:

• Were trusted partners: we are more than an enabling function or service provider were a true and trusted partner who works with the business to unlock value for our stakeholders and patients.
• Were connecting: we connect with each other across geographies - breaking down silos and acting as one team. Our leaders are connected to our people. We leverage ideas systems and data connect knowledge and create actionable insights and predictions.
• Were innovating: we identify new opportunities to introduce adopt or modify effective ideas to solve problems. We find solutions to both existing challenges and anticipated changing needs. We use innovation to simplify to make a bigger impact and to give us a competitive advantage.
• Were adding value: We know what it takes to deliver value a laser focus on our strategic priorities and key enablers.

The OTP Senior Analyst is responsible for leading the execution of operational transfer pricing calculations for individual marketing companies using the OTP tool. Processes within scope include price setting in-year adjustments (Q2 and Q4 retrospective reviews) and annual true-up activities. Markets in scope are primarily within the EMEA region with additional support provided to LATAM and APAC markets as required.

The role reports to the OTP Process Lead with a dotted-line reporting relationship to the Marketing Companies Lead (located in a different geography) all are jointly accountable for delivery of marketing company transfer price positions in accordance with the agreed OTP calendar with Group Tax. The OTP Senior Analyst applies knowledge of local market tax conditions and Group Transfer Pricing policy to perform calculations in OTP tool or via manual templates for markets managed outside the system.

The role requires direct collaboration with Group Tax and Market Controllers to review and align on proposed transfer pricing positions facilitating discussions and ensuring agreement between all parties. A strong understanding of AstraZeneca Transfer Pricing policy is required to ensure all calculations and outcomes are compliant with Group Tax requirements.

A solid understanding of financial statements is essential including the ability to interpret actuals and forecast P&L positions and assess the impact of transfer pricing calculations.

Key Activities and Relationships

• Partnering with the Marketing Companies Lead to define the annual marketing company OTP calendar in line with Group Tax requirements.
• Communicating with Market Controllers and GFS Analysts to ensure understanding and execution of Group Tax instructions for transfer pricing cycles.
• Reviewing local market transfer pricing positions in collaboration with Group Tax.
• Facilitating alignment discussions between Group Tax and Market Controllers to agree on transfer pricing positions.
• Following up with Market Controllers and CFOs to obtain formal sign-off.
• Working with Market Controllers and Genpact to ensure accurate and timely invoicing and price updates.

Key Responsibilities

• Performing annual price setting for markets in scope (OTP and manual).
• Executing in-year adjustments including Q2 and Q4 forecast adjustments.
• Performing the annual true-up for all markets in scope.
• Sourcing statutory adjustments from GFS Market Analysts and Controllers for input into OTP.
• Supporting ad hoc transfer pricing requests.
• Maintaining and updating local market dossiers outlining the application of Group Transfer Pricing policy.
• Providing additional support to other operational transfer pricing activities as required including hub recharges central service recharges Patent Box and R&D processes.

Typical Accountabilities

• OTP system execution: Developing expert-level system knowledge to independently execute processes for all markets in scope.
• Preparation of segmented P&Ls: Understanding the structure of the AZ P&L and its interaction with sales marketing and distribution processes.
• Stakeholder management: Managing stakeholder relationships across planning data gathering analysis review approval and ad hoc inquiry stages.
• Change management: Supporting the OTP Process Lead with new requirements arising from policy updates business changes or continuous improvement initiatives.
• Training and documentation: Ensuring robust documentation is in place to support consistent execution of the marketing company OTP process.

Key Stakeholders

• OTP Process Lead and Marketing Companies Lead overall accountable for the marketing company process.
• Group Tax OTP Team ensuring compliance with AstraZeneca Transfer Pricing policy.
• Market Controllers and GFS Analysts supporting dossier updates statutory adjustments and approval of transfer pricing positions.
• System Accountant support for source data and system calculation queries.
• Suppliers OPS Team Support for transfer price updates and coordination between Market Controllers and other supply chain stakeholders.

Essential Skills and Experience

• Strong financial accounting knowledge and business acumen.
• Proven experience in P&L cost allocation planning or operational transfer pricing.
• Experience working with complex integrated systems and large datasets.
• Excellent communication presentation and stakeholder management skills.
• Experience operating in a regulated environment.
• Ability to collaborate and deliver effectively in a virtual and global context.
• Experience with Hyperion PBCS / Planning Smart View or equivalent tools.

Desirable Experience

• Experience working in a global organization with geographically diverse operations.
• Pharmaceutical industry knowledge or broader business domain awareness.
• Operational transfer pricing execution experience.
• Tax technical transfer pricing policy expertise.
• Product costing experience.

What we offer:

Welcome toWarsaw Siteone of over 400 sites here at AstraZeneca providing a collaborative environment where everyone feels comfortable and able to be themselves is at the core of AstraZenecas priorities its important to us that you bring your full self to work every day.

To help you maintain your best self heres a sneak peek into some of the things this site provides for you:

• The best team to support you
• Multisport card
• Pension plan
• Life insurance
• after-work events
• private medical care
• lunch card
• bright and spacious environment
• sustainable office working environment.

Please note that we are working in a hybrid model of 3 days per week from the office in Warsaw

Date Posted

Closing Date

AstraZeneca embraces diversity and equality of opportunity. We are committed to building an inclusive and diverse team representing all backgrounds with as wide a range of perspectives as possible and harnessing industry-leading skills. We believe that the more inclusive we are the better our work will be. We welcome and consider applications to join our team from all qualified candidates regardless of their characteristics. We comply with all applicable laws and regulations on non-discrimination in employment (and recruitment) as well as work authorization and employment eligibility verification requirements.