PURPOSE

Completion of the month end / year-end financial close process, G/L reconciliations, Statistics Canada reporting Manage and oversee outsourced functions associated with A/R; Advise and enforce internal controls systems; Support tax, treasury and transfer pricing functions in meeting statutory requirements and compliance. Lead payroll and fleet budgeting process.

 

ESSENTIAL FUNCTIONS

Financial Process, Financial Reporting and Audits – 50% Responsible for various activities surrounding month end and year-end close process including posting of standard / non-standard journal entries, balance sheet and income statement reconciliations, intercompany charge backs, and ensuring the accuracy and timeliness of financial results in accordance with IFRS and Novo Nordisk accounting policiesReconcile payroll and benefits information against ADP reports and produce related journal entries Supports interim and year-end audits with external auditors by preparing required documentation and responding to queries to facilitate a smooth and efficient audit Review and audit of the fleet and air travel invoices to ensure compliance and accuracy Prepares and submits various Statistics Canada reports for compliance purposes ensuring accuracy and timely completion SAP super user for NNCI Identify, assess and implement continuous improvements to optimize financial processes Accounts Receivable and Credit Management – 30% Manages and maintains strong working relationship with 3PL Accounts Receivable staff ensuring compliance and performance as per distribution services agreement. Proactively identifies opportunities for continuous improvement of Accounts Receivable practices and implements accordingly Monitors accounts receivable performance (i.e. aging and DSO) collaborating with 3PL when required to ensure prompt collection and minimizing of customer disputes Manage GBS activities associated with daily 3-way A/R reconciliation and cash application to ensure no discrepancies between 3PL A/R aging and NNCI A/R subledger Develops, implements and maintains full cycle deductions process ensuring appropriate approvals are obtained, pricing is validated and deductions are processed in a timely manner in order to reflect accurate financial results Initiates and performs credit management process by reviewing key accounts, performing credit checks and recommending actions related to credit limits / credit holds in order to ensure the integrity of customers and identify possible credit risks Payroll and Fleet Budget – 10% Takes ownerships and leads preparation of the payroll and fleet budget during budget cycles Partner with HR and FP&A to ensure accurate forecasts through challenging and assessing assumptions provided by HR Monitors actual payroll costs against budget and provide timely and accurate monthly and ad-hoc variance analysis for management decision making Responsible for the accounting of payroll Partner with HR to perform preliminary review of bonus and incentive accrual at year end Internal Controls / Compliance – 5% Complies with and ensures the compliance of others with respect to the internal controls system for NNCI by performing and monitoring controls in financial processes while continuously identifying opportunities to strengthen internal controls Overall Business Operations – 5% Provide day-to-day coaching and technical training to assist with onboarding process for new staff Act as a resource to other departments and LOB for the creation and implementation of accounting procedures and processes Assist and contribute to the team by taking on special projects as needed

 

PHYSICAL REQUIREMENTS

The workplace provides a good working environment with almost no disagreeable conditions.

 

QUALIFICATIONS

Education and Certifications: Business/Accounting/Commerce degree Qualified CPA designation Work Experience: Minimum of 5 – 7 years related work experience Experience with SAP and SAP Business Warehouse Experience with corporate financial budgeting process Knowledge, Skills, and Abilities: Knowledge of International Financial Reporting Standards (IFRS), Accounting Standards for Private Enterprises (ASPE) and Internal Controls Intermediate knowledge of Microsoft Applications (Excel, Word etc) Takes ownership and assumes accountability Strong attention to detail Proactive self-starter Ability to work in demanding and changing environment Advanced knowledge in Finance processes High Integrity and trust Continuous improvement mindset

 

APPLICATION DEADLINE

22nd Feb 2025

 

If you are interested in applying to Novo Nordisk and need special assistance or an accommodation to apply, please email us at cami-hr@novonordisk.com

 

 

We commit to an inclusive recruitment process and equality of opportunity for all our job applicants. 

 

At Novo Nordisk we recognize that it is no longer good enough to aspire to be the best company in the world. We need to aspire to be the best company for the world and we know that this is only possible with talented employees with diverse perspectives, backgrounds and cultures. We are therefore committed to creating an inclusive culture that celebrates the diversity of our employees, the patients we serve and communities we operate in. Together, we’re life changing.