BMS Hyderabad is an integrated global hub where our work is focused on helping patients prevail over serious diseases by building sustainable and innovative solutions. This important science, technology, and innovation center will support a range of technology and drug development activities that will help us usher in the next wave of innovation.
Job Title: Senior Manager, R2R Operations - Accruals
Department Title: Finance
At Bristol Myers Squibb, we're creating innovative medicines for patients who are fighting serious diseases. We're also nurturing our own team with inspiring work and challenging career options. No matter our role, each of us makes a contribution. And that makes all the difference.
The R2R Ops Accruals Senior Manager for BMS will be a highly collaborative Finance team member. This exceptional leader will act as a player-coach, overseeing and supporting execution of R2R accounting activities in BMS's Hyderabad CoE, and demonstrate the following attributes:
- Exceptional expertise in record-to-report accounting processes
- Deep understanding of the business landscape, market trends, and industry dynamics
- Open communication and cooperation to ensure R2R activities are executed seamlessly
- Successful candidates will possess excellent leadership skills, inspiring and motivating team members to deliver exceptional results.
- A minimum of 7-9 years of experience is required, with 3-5 years in accounting leadership roles.
- The position will be based in the BMS's Hyderabad Location (expected 50% in-person) with minimal travel expected.
Key Responsibilities and Major Duties:
R2R activities
- Oversees team responsible for R2R accruals activities (including prepaids related to operating expense, payroll, and amortization / depreciation)
- Leads team while also supporting execution of R2R transactional accounting activities
- Monitors and manages specific month-end, quarter-end, and year-end related activities per close timetable in collaboration with local markets and third-party service provider
- Calculates reserves for bad debt, inventory obsolescence, and compensation
- Reclasses reserves for bad debt, inventory, and compensation
- Revalues and translates transactions related to foreign currency
- Ensures high quality and accuracy of work and service by R2R team through regular review, checks, and approval
- Monitors and manages internal customer satisfaction levels, taking immediate action as appropriate
- Manages period audits, management level reporting, and disaster recovery related activities
- Manages ad-hoc projects initiated by R2R leadership
Relationship management and teaming
- Serves as an inspirational and engaging leader who motivates and engages through clear articulation of R2R process-related priorities
- Identifies and manages training and upskilling of local team members
- Holds self and others to timelines, quality, and accuracy
Risk management
- Articulates material risks and opportunities and takes an active role in designing and executing response or contingency plans
(Disclaimer: The responsibilities listed above are only a summary and other responsibilities will be requirements as assigned)
Supervisory Responsibility (List job titles of positions that report directly or indirectly to this position and indicate nature of relationship):
Direct reports:
TBD
Key Stakeholders/Contacts describe this position's key internal matrix relationships and key external stakeholders/clients
Key internal stakeholders:
- R2R Ops Lead
- Controllership CoE Lead
- Other key leads in the controllership organization (e.g., global, regional controllers)
- Corporate and in-market Finance teams
- Teams based in other Finance global center locations
- Other internal customers
List of minimum requirements
- Degree/Certification/Licensure
- Bachelor's degree in accounting along with CA / CPA or equivalent qualification required.
Experience Responsibility and minimum number of years
- A minimum of 7-9 years of experience, with a minimum of 3-5 years in accounting leadership
- Experience managing teams
- Accounting experience within the pharmaceutical industry preferred
- Track record of leading R2R teams preferred
Competencies knowledge, skills, abilities, other
- Mastery of financial statements and transactional accounting
- Fluency in written and spoken English
- Strong oral and written communication skills
- Strong relationship management skills
- Adaptability and ability to manage change
- Strong analytical and critical thinking skills
- Ability to drive collaboration with senior leaders
- Ability to handle multiple tasks simultaneously
- Growth mindset to look for innovation and continuous improvement opportunities
Software that must be used independently and without assistance
- Familiarity with SAP and SAP related applications, CRM software, among other accounting-related programs
BMS Behaviors Required
PASSION
URGENCY
INNOVATION
ACCOUNTABILITY
INTEGRITY
INCLUSION
Working Conditions
Travel Required (nature and frequency)-Minimal
