Job description

Requirements

  • Entry level
  • No Education
  • Salary to negotiate
  • Parsippany

Description

Company Info
Teva is a global pharmaceutical leader and the world's largest generic medicines producer, committed to improving health and increasing access to quality health solutions worldwide. Our employees are at the core of our success, with colleagues in over 80 countries delivering the world's largest medicine cabinet to 200 million people every day. We offer a uniquely diverse portfolio of products and solutions for patients and we've built a promising pipeline centered around our core therapeutic areas.  We are continually developing patient-centric solutions and significantly growing both our generic and specialty medicines business through investment in research and development, marketing, business development and innovation. This is how we improve health and enable people to live better, healthier lives. Join us on our journey of growth!
Job Description
The Financial Analyst will be responsible for reviewing and analyzing customer credit reports, financials, industry news, as well as apply his/her own knowledge and experience to perform financial ratio analysis to identify trends, and set the recommendation of new or adjustments to existing credit limits with the goal to maximize collections and minimize past due balances. Perform, at minimum, yearly financial credit reviews on existing customers to maintain credit limits aligned to the customer credit worthiness in adherence to Sarbanes Oxley internal control procedures. The Financial Analyst is also responsible for the independent daily review of pending orders that have failed the credit limit check, preparation of the required documentation of holds or releases, and timely notification to the assigned Accounts Receivable Manager, Accounts Receivable Specialist, Sales and Customer Operations of the held order. Perform regular analysis and review of the customer past due status, payment history and credit worthiness to release held orders as applicable. Serve as a primary, knowledge based resource to the Accounts Receivable Lead in the areas of Customer Master, Credit Processing, SPS/PSS/UPS 3rd party relationships and cash application to analyze potential solutions to issues, troubleshoot, reconcile differences, and identify, test and implement efficiencies through automation to reduce or eliminate manual processes. The Financial Analyst will have regular internal contact with Teva employees at all levels, Customer accounting departments to obtain financials on non-publicly held organizations, as well as our 3rd party (3PL) partners. The Financial Analyst will also be expected to meet all month/quarter/year end deadlines.
 
 
Responsibilities:
Review credit reports and financials. Perform financial ratio analysis to recommend new or adjust existing credit limits.
Review and release or hold of customer orders based on past due, credit limit, and overall credit worthiness of customer account.
Troubleshoot, analyze potential solutions to issues, reconcile differences and identify areas for improvement via automation in the Customer Master, Credit Processing, and 3PL partnerships areas. Lead the effort to test and implement solutions.
Responsible for meeting all month, and quarter end deadlines, including but not limited to the quarterly POD project.
Guide the team as a key resource and back-up to the Lead, Accounts Receivable.  
Follows Teva Safety, Health, and Environmental policies and procedures. 
Other projects and duties as required/assigned
 
Qualifications
 
Bachelors degree in Finance, Business or related discipline.
5 years related experience in the Pharmaceutical Industry.
Advanced Excel skills (pivot tables, vlookup) required.  Oracle and SAP experience preferred.
Solid knowledge of financial statements, liquidity ratios, trend analysis.
 
 
Function
Finance
Sub Function
Business Finance
Reports To
Associate Director Finance AR
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.

About the company

Think about a company that makes a difference to people’s lives, day in and day out. Think about a company that makes medicines, for conditions ranging from hay fever to cancer. We're Teva. Never heard of us? If not, you’ve almost certainly used our products. Every single minute of every single day, 2,500 Teva packs are dispensed in the EU*.
People in Teva have a huge range of abilities, from scientific and medical skills to supply chain, or sales and marketing. * Based on internal data.

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