Financial Controls & Compliance Manager

Novartis Ireland Ltd
13 Nov 2017
16 Nov 2017
Contract Type
Full Time
Financial Controls and Compliance Manager, UK

Job purpose:

Ensure compliance with Novartis Financial Control Manual (NFCM) requirements, including internal and external regulations (e.g. SOX requirements) for FSC, Divisional Finance (and other functions like supply chain), NGSC and outsourcing partners for a defined area of responsibility, e.g. R2P.

Provide deliverables according to NFCM schedule and coordinate with Divisional Finance, NGSC and Outsourcing providers (O&O) on establishing and maintaining an adequate control environment.

Support global finance process improvement initiatives, sharing leading practices.

Key Responsibilities:


-Ensure compliance with the NFCM.

-Support Control Owners of Novartis Grimsby Limited on site.

-Liaison/coordination with Divisional Finance, NGSC and O&O on operational matters.

-Regular performance metrics reporting.

-Liaison with stakeholders, including CFOs, IA, ext. Audit and Corporate Financial Compliance (CFC).

Financial Compliance

-Responsible for supporting and monitoring implementation and progress of NFCM part III according to the implementation of standard processes. Where standard (sub) processes are not implemented NFCM part II is applied.

-Align finance processes throughout internal customers and ensure compliance with local requirements.

NFCM processes

-Provide all required NFCM deliverables according to the communicated schedule.

-Ensuring risks are addressed by adequate controls per internal customer.

-Test FSC owned controls, including Segregation of Duties.

-Test Divisional Finance and O&O key controls.

-Keep tracking of own and Divisional Finance/O&O Action items/deficiencies (may come from different sources like IA, NFCM self-assessment, PwC etc.).

-Process walkthroughs as required/requested.

-Coordinate and support SOX 404 attestation processes

Business processes and SOPs

-Support implementation of standard processes as defined in the Finance Core and escalate any exceptions to the standards.

-Support Harmonization of processes and controls as well as cross-divisional standardization.

-Ensure understanding of the standard processes and controls related requirements.

-Monitor and improve compliance embedded in business process.

-Lead or participate business process reviews/walk-throughs. Conduct ad hoc audit/compliance checks in the FSC on a regular basis.

-Conduct ad hoc audit/compliance checks at Divisional Finance when required.

-Identify root causes of problems and recommend controls or process improvements to address them in coordination with CFC and Global process owners.

Risk awareness

-Raise awareness of key risks and risk response in the organization.

-Coach and strengthen internal control skills within the organization.

-Monitor compliance in business ethics and detect and report (possible) violations (e.g. to BPO).

Internal and external Audits

-Prepare and support FSC & Divisional Finance for audits.

-Support / assist auditors during their mission.

-Define and track action items, including accurate and timely resolution of agreed actions.


-Provide/initiate training on compliance requirements to controls owners in FSC, Divisional Finance and O&O in liaison with CFC.

-Ensure to be up-to-date on periodical changes on compliance requirements.

Other Projects

-Specific projects on behalf of FSC, NGSC, Region, Divisional BPC, CFC.

-Any other duties or projects as requested by the Line Manager commensurate with the grade and level of responsibility for this role, for which the associate has the necessary experience and/or training.

About Novartis:

Our mission is to care and cure; We want to discover, develop and successfully market innovative products to prevent and cure diseases, to ease suffering and to enhance the quality of life. We also want to provide a shareholder return that reflects outstanding performance and to adequately reward those who invest their money, their time and their ideas in our company.

Benefits of Working for Novartis:

Competitive Salary

Annual Bonus Strong Work/Life Balance, flexible working

Top UK Employer Pension Scheme

Share Scheme Paid holidays

Comprehensive Medical Insurance Subsidised Canteen Employee Recognition Scheme Sports & Social Club

'I came for the job, I stay for the culture'

The ideal candidate will have:

- University Degree in Economics or Commerce is Mandatory
- MBA, CPA, CISA, CIA (or equivalent) - Mandatory
- Fluency in English (written and spoken) - mandatory
- Any other language - desirable
- Highly qualified in accounting/IFRS, SOX/ICFR, NFCM
- Proven experience in Internal or external Audit (Big 4 audit firm), focusing on Finance Audit, SOX 404
- Experience of working globally on Audits
- COSO 2013 principles and worked on SSAE 16 report reviews
- MS Office - MS Word, MS Excel, MS PowerPoint and MS VISIO Novartis are an equal opportunities employer and welcome applications from all suitably qualified persons

Novartis are an equal opportunities employer and welcome applications from all suitably qualified persons


Competitive Market Rate

Closing date for applications:

The closing date for applications will beFriday15th of December