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Finance Market Operations Lead (UK)

Employer
Pfizer
Location
Tadworth
Salary
Negotiable
Closing date
28 Aug 2022

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Job Details

ROLE SUMMARY

Pfizer's Global Business Solutions (GBS) shared services organization delivers best-in-class accounting, finance and compliance operations globally for the Pfizer enterprise. The GBS organization is a high performing industry leading team. Its value proposition is to centralize, standardize and optimize complex processes and in delivering a quality service at a reasonable cost with a compliance mindset. The scope of services provided by the GBS organization include Record to Report processes: US Accounting, Corporate Accounting, Statutory Reporting, Financial Reporting, the Intercompany Center of Excellence (CoE), Financial Master Data Governance, Risk Management / Compliance, Capital CoE, Inventory CoE and Balance Sheet CoE; Transaction Processing in Invoice to Pay, Indirect Tax, Order to Cash, Credit Risk and Gross to Net, Manufacturing Finance support; Operational Transfer Pricing CoE; GFS Treasury Operations CoE, and MAPP Administration CoE.

The Finance Market Operations Lead is responsible for supporting Country Management in ensuring that strategies and planning are in alignment with statutory, legal, regulatory and jurisdictional guidance. The role together with Business Finance provides Finance Leadership at a legal entity level to ensure Pfizer's continued operations. The Finance Market Operations Lead manages financial matters with respect to the Legal Entities in scope and provides recommendations for the board of directors.

The role acts as the primary "in market" liaison and point of escalation for any financial operational issues between the Country Manager, Business Finance and the GBS organization, and advises country management on the proper statutory financial treatment for market specific strategies and plans.

This role requires extensive collaboration with Business Finance, Country Management, GFS Statutory CoE and the Regional and Global GFS sites and COE leaderships to ensure the integrity of Pfizer market financial data.

ROLE RESPONSIBILITIES (include but not limited to):

  • Accountable for ensuring the market's financial operations are aligned with statutory, legal, regulatory and jurisdictional guidance.
  • Advises country management on the proper statutory financial treatment for market specific strategies and plans
  • May be required to assist in preparation of Board Meeting presentations.
  • Lead support for Step Plan /LE set up - acting as Country Coordinator liaising between Finance, Tax, Legal, Commercial etc. for accounting matters.
  • Provide local market financial guidance and support financial due diligence efforts for M&A and Divestiture initiatives.
  • Supports dividend strategy with Pfizer Treasury
  • Supports liaison with pension fund trustees for the pension funds in their jurisdiction
  • Actively participates in periodic profit reviews with the OTP COE ensuring that profit adjustments account for any local GAAP/US GAAP differences.
  • Provides local market intelligence and knowledge to support transfer pricing in market in conjunction with the OTP COE.
  • Serves as finance market contact with KPMG (external auditors) for market audits
  • Serves as finance market contact with Corporate audit (internal audit)
  • Support finance liaison with UK Supply chain board and Logistics service providers.
  • Maintains liaison with market Business Finance and Global and Regional Finance Teams, as well as Global and Regional Tax, Treasury and Controllers regarding all significant financial issues.
  • Provides support for Gross to Net accruals and accounting
  • Prepares local statutory GAAP technical accounting guidance papers and provides technical advice as it relates to local statutory accounting

BASIC QUALIFICATIONS

  • University degree in Accounting, Finance or Economics or Professional accounting designation, such as CPA, Chartered Accountant (as per market norms).
  • Significant experience in finance, accounting or business, with significant experience in controllership and tax
  • Demonstrated ability to build cross-functional business relationships with senior leaders and finance team peers across borders and virtually
  • Proven track record in developing external relationships with local financial regulatory authorities and thought leadership in the local finance community
  • Visible demonstration of and performance record in exemplifying the Pfizer Values and Behaviors
  • Outstanding communication, collaboration and influencing skills; ability to influence at all levels, be persuasive, a good listener and assimilator of diverse ideas and perspectives


Company

We aim to create a trusting, flexible workplace culture which encourages employees to achieve work life harmony, attracts talent and enables everyone to be their best working self. 

In the UK, we have around 2,400 colleagues across four locations, working within our commercial business, research and development (R&D), manufacturing and distribution operations.

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