Job Description: DS CoE Finance Analyst
Why Patients Need You
Your in-depth knowledge and financial skills will keep our products in production and our innovators innovating. Whether you are part of establishing, coordinating, researching, or administering financial operations, your role is critical to getting our medicines in the hands of the people who need them most, faster and more efficiently than ever before.
Role Description
The Decision Support Centre of Excellence (DS CoE) Finance Analyst position is a Finance position accountable for undertaking financial management reporting and analysis in order to support our Finance customers. Key stakeholders will be country Finance Business Partners, Finance Directors and the Business Finance Centre team. This role is responsible for, but not limited to, conducting the following key activities:
- Plan, Budget and Forecast modelling
- Financial Reporting and analytics
- Presentation development and preparation
- Report consolidation and submission
- Data Validation across Pfizer's financial systems
- This role will require strong analytical ability, coupled with sufficient knowledge of business / finance analysis tools and methodologies. Analysts will be expected to respond to requests from Supervisors or Managers in an efficient and timely manner. An interest in technology is an advantage (Robotic Process Automation, Alteryx, VBA, Dashboarding tools etc)
Responsibilities
Plan, Budget and Forecast modelling:
- Collect Data – Gather data from internal Pfizer systems and data external non-Pfizer systems and sources necessary for OP Plan and LE
- Prepare Data - Format data for entry into model or analysis, load data into appropriate tool
- Run Models – Input assumptions and data, run model
- Validate Revenue and Expense Data
- Evaluate Output - Highlight significant variances to budget, actuals and prior year, pinpoint specific type of variance categorize variances as system/technical or business related, follow-up with suspected system/technical related variances, create variances report, categorizing variances by type, amount and specific location
- Root Cause Research - Research business related variances, identify variance as manual accounting error or legitimate business movement, follow-up with GFS or market colleagues to resolve variance
- Write Commentary – Prepare memo (email) to finance management, describe trends for the reporting period for each report, including an explanation of remaining variances
- Support Finance as needed – Gathering assumptions, updating business
Financial Reporting analytics:
- Collect Data - Gather data from external Non-Pfizer systems and sources necessary for reporting or analysis
- Develop Standard Reports – conclude if reporting need is already met by Standard Reporting Package, Document Reporting Parameters, Construct Shared View of New Report in Reporting Tool, Review Output with Report Requestor, Adjust as Necessary, Save View in Reporting Tool and Add to List of Standard Reports
- Validate Data - Compare the following data types across systems/data warehouses: revenue, COGS, OPEX, Overall PNL; highlight discrepancies in data, establish source of data discrepancies, classify reconciling items as mapping error (if applicable type) and if necessary, follow up with account team for applicable system to resolve
- Run Reports - Confirm that data is available and validated, access reporting systems/tools, select appropriate parameters, run/refresh report (Essbase) or export to Excel and modify as necessary
- Evaluate, Research and Prepare Commentary on Output
- Prepare reports: Compile and submit relevant financial reports
- Support presentation preparation - Replace content with content from current Op Plan and LE
Presentation Development and Preparation:
- Prepare Recurring Presentations - update recurring presentations with new data and commentary, review and finalize presentations
- Prepare Ad Hoc Presentations – prepare ad hoc presentations as needed per request from manager
Data Validation:
- Maintain KPI's to reflect current data
- Additional data validation tasks as outlined elsewhere
Report Consolidation and Submission:
- Consolidate Results - Receive Offline reports and commentary or export data from reporting tool, consolidate data into central report
- Submit Results - In email or by posting to shared drive, submit results of report with commentary
- Review Output with Customers - Review report and commentary with business partners
Qualifications
- Bachelor's degree from an accredited college or university, with finance/accounting or related experience
- Excellent analytical skills, attention to detail, and time management skills
- Excellent written and verbal communication skills
- Basic understanding of finance IT system architecture may be required.
- Management Reporting and Analysis process experience preferred
- Relevant work experience
- Advanced Microsoft Office capabilities, particularly Excel, PowerPoint and Word
- Competency with spreadsheets & financial modelling (comfort with data manipulation and financial systems)
- Ability to identify business issues/opportunities and to frame business questions
- Knowledge of various financial systems and financial reporting aspects is preferred
- Basic knowledge of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)
Work Location Assignment: Flexible Work Location Assignment: On Premise, Pfizer Walton Oaks (Flexible)
Purpose
Breakthroughs that change patients' lives... At Pfizer we are a patient centric company, guided by our four values: courage, joy, equity and excellence. Our breakthrough culture lends itself to our dedication to transforming millions of lives.
Digital Transformation Strategy
One bold way we are achieving our purpose is through our company wide digital transformation strategy. We are leading the way in adopting new data, modelling and automated solutions to further digitize and accelerate drug discovery and development with the aim of enhancing health outcomes and the patient experience.
Flexibility
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. Let’s start the conversation!
Equal Employment Opportunity
We believe that a diverse and inclusive workforce is crucial to building a successful business. As an employer, Pfizer is committed to celebrating this, in all its forms – allowing for us to be as diverse as the patients and communities we serve. Together, we continue to build a culture that encourages, supports and empowers our employees.
DisAbility Confident
We are proud to be a Disability Confident Employer and we encourage you to put your best self forward with the knowledge and trust that we will make any reasonable adjustments necessary to support your application and future career. Our mission is unleashing the power of our people, especially those with unique superpowers. Your journey with Pfizer starts here!
Finance & Accounting
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