Novartis Pharmaceuticals Hiring for Credit Specialist O2C at Hyderabad, AP, India Full Time

330397BR Job ID: 330397BR Job Description: 20+! The number of countries supported by FC&C Team. The Financial Controls & Compliance Senior Specialist will be responsible for supporting the Financial Controls & Compliance Manager in ensuring compliance. The Credit Risk Specialist supports the credit risk management process within E2E Order to Cash. The role assesses the credit worthiness of customers and manages the process of approving/declining blocked orders. Your responsibilities: Your responsibilities include, but are not limited to: • Ensures that customers credit limits are reviewed timely and in compliance with the Novartis Financial Controls and Global Credit Management Guideline. Collaborates with key stakeholders regarding the status/condition of an account as well as communicating the status of orders that will not be released within standard timelines. • Ensures productivity, continuous improvements and seamless service. Supports the measurement and delivery of service levels and SLA/KPI targets. Proactively challenges the Status Quo, making fact based recommendations to the Credit Risk Manager and credit committee • Manages day-to-day activities like ensures proper document management (incl. document reception, sorting, scanning and validation). Performs regular credit risk assessments to calculate the individual customer credit limit and risk classification with support of existing system solutions. Performs the daily check of blocked orders and takes appropriate actions before releasing the orders. Collaborates with the collection team and recommends reasonable actions to reduce the amount of past due receivables. • Ensures adequate and secure payment methods for export business in high risk countries. Resolves Credit Management related issues and disputes, escalates as required or coordinates with various stakeholders • Supports that all processes, policies and procedures are clearly defined, fully documented and adhered to • Ensures compliance with Novartis Accounting Manual (NAM), Novartis Financial Controls Manual (NFCM) and regulatory requirements. Ensures application of agreed Novartis control procedures and actively support to deliver SOX certification nnnn Position Title: Credit Specialist O2C Minimum requirements: What you’ll bring to the role: • University level degree in Business Administration/ Economics/Finance or Chartered Accountant. Lean/ Six Sigma Certified preferred • 3 years of financial experience, with in-depth functional expertize • Ability to analyze and interpret complex sets of data including financial statements • Demonstrated ability to work effectively in a multi-national, matrix organization. SAP knowledge. Good people skills Why Novartis? 769 million lives were touched by Novartis medicines in 2020, and while we’re proud of this, we know there is so much more we could do to help improve and extend people’s lives. We believe new insights, perspectives and ground-breaking solutions can be found at the intersection of medical science and digital innovation. That a diverse, equitable and inclusive environment inspires new ways of working. We believe our potential can thrive and grow in an unbossed culture underpinned by integrity, curiosity and flexibility. And we can reinvent what’s possible, when we collaborate with courage to aggressively and ambitiously tackle the world’s toughest medical challenges. Because the greatest risk in life, is the risk of never trying! Imagine what you could do here at Novartis! Novartis is an equal opportunities employer and welcomes applications from all suitably qualified persons. Join our Novartis Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Novartis and our career opportunities, join the Novartis Network here: https://talentnetwork.novartis.com/network Job Type: Full Time Country: India Work Location: Hyderabad, AP Functional Area: Audit & Finance Division: CTS Business Unit: FRA OPERATIONS NBS Employment Type: Regular Company/Legal Entity: Nov Hltcr Shared Services Ind Commitment to Diversity & Inclusion:: Novartis is committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve. Shift Work: No Early Talent: No