Associate Director, Business Finance
Teva Pharmaceutical
Toronto, CA, M1B 2K9
59m ago

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

Managing a team of 6 professionals (3 direct), this role is responsible for the management of the gross to net function as well as financial data analytics providing strategic business support to Sales leadership.

Specifically this individual will manage the accuracy, completeness and recording of gross to net (GTN) deductions. The position will work collaboratively with IT to manage and provide the tools for effective sales rep management and customer reporting including the Deal Management System (DMS) and imany CARS.

This position will coordinate all month end activities, reconciliations, financial reporting, analysis of GTN and associated liabilities, as well as any required regulatory reporting of GTN activities.

The individual will lead the Financial Analytics team in the planning, development and delivery of key projects requiring advanced analytics.

The individual will serve as a strategic partner to Sales management by providing key customer profitability information supporting critical and / or strategic commercial decisions.

Responsibilities include :

  • Accruately execute the payments of all gross to net activities to customers. This includes the oversight of the systems used to manage customer payments (DMS and imany CARS) to ensure accuracy of payment schedules.
  • Monthly review of customer performance compared to plan and review with senior management including the Senior Director Finance and both Senior Director’s of Account Management to address and adjust for any customer issues.

  • Reporting, analysis and reconciliation of monthly, quarterly and year end GTN and related liabilities. This includes any required analysis and support to the audit cycle of revenue management with internal or external auditors.
  • Provide product and customer profitability analysis. Detailed product GTN rates delivered to facilitate planning and delivery of accurate net sales.
  • This will include providing detailed information to senior commercial team members for customer decision making. This also includes providing the analytical product profitability to the legal team in support of all section 8 claims.

  • Systems Support and Continuous Improvement. Working with IT to deliver the most efficient tools to the sales force. Review opportunities for improvements to the tools that will drive best practices in the most controlled environment.
  • Ensure all aspects of imany / CARS are accurate and complete in support of all corporate customer payments. Work with IT to ensure data is updated into imany / CARS accurately and completely to provide ongoing data integrity.

  • Leadership and development of 6 professionals (2 direct). This includes development of annual goals and objectives and management of those individuals in line with those objectives as well as ongoing feedback and mentoring to ensure the development of the team.
  • Ensure the needs of the business are supported by offering excellent customer service and support.

  • Lead the financial analytics team in the planning, development and delivery of key projects requiring advanced analytics serving as a strategic partner to both Sales leadership and the retail sales teams delivering the analysis required to drive profitable business growth.
  • Provide direction to the analytics team to mine customer data to identify unique and profitable commercial opportunities.


  • Bachelor’s degree in Finance / Business with MBA and / or Accounting Designation
  • 7+ years of progressive experience in a Finance FP&A function; Experience in the pharmaceutical industry preferred
  • Experience in GTN / Allowances in Generic Industry is preferred
  • Experience developing Financial Analytics highly desired
  • Advanced proficiency with Microsoft Office, Oracle & Hyperion Essbase & experience with financial modelling
  • Ability to translate quantitative data into diagrams, graphs, charts & reports, Understanding of the GTN activities and sales accounting knowledge
  • Understanding of and experience in the Canadian Generic Pharmaceutical Industry an asset
  • Function Finance Sub Function Business Finance Reports To

    Director, FP&A

    Already Working TEVA?

    If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority.

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    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.

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