Finance Operation Analyst II

Location: Bengaluru, India

We Are Teva
We’re Teva, a leading innovative biopharmaceutical company, enabled by a world-class generics business. Whether it’s innovating in the fields of neuroscience and immunology or delivering high-quality medicine worldwide, we’re dedicated to addressing patients’ needs now and in the future. Here, you will be part of a high-performing, inclusive culture that values fresh thinking and collaboration. You'll have the room to grow, the flexibility to balance life with work, and the opportunity to better health worldwide, together.
Our Team, Your Impact
In this position, you are part of the Finance GBS Costing & Inventory Team and work closely with the Global Controlling / Finance directors, Finance Leads, Supply chain team and CFOs as well as with other GBS partners.
Responsible for regularly generate and analyse Inventory reports for the assigned site location, Support site Finance team on analysis of Cost of Raw Materials and Production, Inventory Variance analysis, updation of valuation class, Create and Archive Monthly Journal Entries. Analysis of inventory transactions to ensure integrity of inventory value, COGS, and inventory adjustments & provisioning, purchase price variance, to ensure accurate financial reporting of inventory.
Communication and (internal) stakeholder management with higher management levels within the Global Teva organization is required in this process.
How You’ll Spend Your Day
+ Technical/functional knowledge in Inventory Accounting, Closing and reporting inventory
+ Preparation of Journal Entries & Supporting schedule
+ Perform Monthly and quarterly close activities of multiple entities
+ Analysis of the inventory and variances per legal entities, obtain explanation on deviations and prepare a summarized reporting on a monthly basis within scheduled time
+ Hands on experience in Inventory analysis support site Finance leaders
+ Identify & drive standardization opportunities in processes and tasks across the team
+ Support of external and internal audit requests by providing inventory analyses
+ Management of day-to-day operations relating to inventory accounting & analysis
+ Ensuring that accounting books and records comply with accounting policies and regulations
+ Provide supporting documents and explanations for all internal and external audit as and when required
+ Participate in ad-hoc activities and projects
Your Skills and Experience
+ CWA / CA / Master degree is preferred
+ Preferably familiar with USGAAP
+ Working knowledge of internal controls
+ Good working knowledge of SAP
+ Good analytical skills and have hands on experience on inventory working & analysis
+ Fluent verbal and written communication in English
+ Experience in a multinational firm, Manufacturing or within a GBS (Global Business Service) is preferred
+ Hands-on and proactive; strong organizational skills
+ Accustomed to working with deadlines, in a dynamic environment
+ Results driven and service oriented to internal and external customers
+ Excellent collaboration with colleagues within the local organization and with the colleagues of the global business service to support the overall Finance department’s goals and objectives
+ Flexible and able to work in a changing environment
+ Strong focus on improvement opportunities
+ Want to work in a new (to be) established team
+ Process documentations and certifications – will have to ensure that all process are appropriately documented and periodically certified by team members on regular basis
+ The individuals must have hands on experience in preparing process flows
JOB CONDITIONS:
+ Location is based in Bangalore
+ Ability to travel within & outside India when required
+ Flexibility to work in shifts (incl. US shift)
+ Mandatory to work from office
Also Good to Have
Salary Range
How We’ll Take Care of You
At Teva, better health starts from within, and that includes you. From day one, you’ll be supported with benefits designed to help you thrive in and out of work. This includes generous annual leave, reward plans, flexible working schedules (dependent on role), access to tailored health support, and meaningful ways to give back to the community. When it comes to your career, you’ll be encouraged to explore, evolve, and shape your path. Twist, our one-stop shop for career development platform, gives you access to a wide range of possibilities, from learning programs and short-term projects to opportunities for internal growth. Here, you’ll be part of a culture that empowers you to reach your goals and prioritize your wellbeing every step of the way.
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Teva’s 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. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.
EOE including disability/veteran