Senior Manager, Finance Operations

Job Summary

The Senior Manager of Finance Operations will lead key financial operations, ensuring accurate and timely accounting and reporting. You will oversee the Accounts Payable (AP) function, manages an offshore accounting team, and ensures compliance with accounting standards across multiple areas, including Goods Received Not Invoiced (GRNI), fixed assets, intercompany transactions, and leases. Additionally, the role will support accounting for strategic investments, providing financial insights and ensuring alignment with the company's objectives.

Job Description

Accounts Payable Management

• Oversee the end-to-end Accounts Payable process, ensuring accuracy, timeliness, and compliance with company policies.
• Manage vendor relationships and resolve payment discrepancies.
• Implement process improvements to enhance efficiency and reduce risks.

Management of Offshore Team

• Lead and collaborate with the offshore accounting team to ensure high-quality and timely delivery of accounting tasks.
• Provide guidance, set clear expectations, and monitor performance.
• Foster a culture of continuous learning and development.

Goods Received Not Invoiced (GRNI) Reconciliation

• Ensure accurate tracking and reconciliation of GRNI balances.
• Collaborate with procurement and AP teams to resolve discrepancies.

Fixed Assets Accounting

• Manage the accounting lifecycle of fixed assets, including capitalization, depreciation, and disposals.
• Conduct periodic reviews of asset records and ensure compliance with accounting standards.

Strategic Investments Accounting

• Support the accounting for strategic investments, including acquisition, valuation, and reporting.
• Ensure proper classification and alignment with our investment strategy.

Intercompany Accounting

• Oversee intercompany transactions, ensuring timely and accurate reconciliations.
• Collaborate with global entities to improve intercompany processes and resolve discrepancies.

Lease Accounting

• Manage accounting for leases in accordance with applicable accounting standards (e.g., ASC 842 or IFRS 16).
• Ensure proper recording, reconciliation, and reporting of lease obligations.

Financial Reporting and Compliance

• Ensure all accounting activities comply with internal policies and external regulations.
• Support internal and external audits, providing required documentation and addressing audit findings.

Process Improvement and Automation

• Identify opportunities to enhance accounting processes, leveraging technology and automation.
• Drive implementation of best practices to improve accuracy and efficiency.

Qualifications/ Required

Knowledge/ Experience and Skills:

Qualifications

Knowledge

• Experience and proven success in establishing accounting policies.
• Knowledge of accounting practices, including technical documentation, accounting processes, month end closing and reporting
• Strong communication skills required; must have the ability to communicate effectively
• Strong organizational skills with the ability to independently manage and prioritize workload
• Demonstrate a positive attitude and have an appetite for change
• Experience working with senior level clients and vendors; able to evaluate situations from multiple angles and sensitive to stakeholders needs while maintaining focus on bring the best value to our organization
• Understands key financial and operational controls needed in a procurement and accounting organization in the Pharmaceutical industry.

Skills and Experience

Minimum of 8+ years of Accounting experience including the ability to strategize and lead.

• Bachelor's degree in Accounting, Finance, or related field; CPA a plus
• 8+ years of progressive accounting experience, including leadership roles.
• Ability to lead and influence a team.
• Strong knowledge of GAAP, IFRS, and relevant accounting standards.
• Experience managing offshore teams and working in a global environment.
• Proficiency in ERP systems (e.g., SAP, Oracle) and advanced Excel skills.
• Excellent analytical, problem-solving, and communication skills.
• Proven ability to manage multiple priorities and drive cross-functional collaboration.

Education

Bachelor's degree in Accounting, or relevant technical expertise. Advanced degree (MBA/MS) preferred.

Competencies
Accountability for Results - Stay focused on key strategic objectives, be accountable for high standards of performance, and take an active role in leading change.
Strategic Thinking & Problem Solving - Make decisions considering the long-term impact to customers, patients, employees, and the business.
Patient & Customer Centricity - Maintain an ongoing focus on the needs of our customers and/or key stakeholders.
Impactful Communication - Communicate with logic, clarity, and respect. Influence at all levels to achieve the best results for Otsuka.
Respectful Collaboration - Seek and value others’ perspectives and strive for diverse partnerships to enhance work toward common goals.
Empowered Development - Play an active role in professional development as a business imperative.

Come discover more about Otsuka and our benefit offerings; https://www.otsuka-us.com/careers-join-otsuka.

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