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Working Capital & Cash Flow Specialist - TAPI

Date: Jun 22, 2024

Location:

Haarlem, Netherlands, 2031

Company: Teva Pharmaceuticals

Job Id: 56527

Who we are

TAPI is the leading international supplier of active pharmaceutical ingredients (APIs). With the industry's broadest portfolio including over 350 API products. We are the go-to global supplier for APIs, supporting 80% of top 50 global pharmaceutical companies. We are proud of our reliable history in the generic API industry dating back over 80 years, and the fact we are considered to be one of the most trusted API suppliers, these enable TAPI to lead the industry, based on our experience, expertise, technologies, and exceptional customer service.

Our employees are at the core of our success. Our Headquartered is in Israel, TAPI employs more than 4,000 professionals at 14 sites worldwide. Our state-of-the-art production facilities are located in Italy, Hungary, the Czech Republic, Croatia, Israel, Mexico and India. Our significant ongoing investment in R&D generates a steady flow of APIs, enabling timely introduction of new products to market.

Location of the role

This position is available in Haarlem (NL) or near our TAPI sites in Italy, Hungary, Croatia or Czechia.

The opportunity

Due to the divestiture of TAPI from TEVA, we are building finance functions. In line with the TAPI transformation journey, we are looking for a to a Working Capital and Cash Flow Specialist to come on board.

The Working Capital and Cash-Flow Specialist is mainly responsible for the working capital optimization, cash flow and cross-function collaboration as well as the finance technology of TAPI treasury global activities.

How you’ll spend your day

• Oversee and optimize working capital metrics, including inventory levels, accounts receivable, and accounts payable. Ensuring alignment with organizational objectives to drive financial efficiency.

• Raise awareness and spread cash mindset within the organization, offering guidance and support to regional finance leads on working capital matters, ensuring consistency with corporate standards.

• Collaborate with finance, supply chain, and procurement teams to develop and implement working capital strategies that align with business objectives and foster cross-departmental synergy to enhance operational effectiveness.

• Planning and managing Free Cash Flow actual and forecast. Ensures monitoring and analyze variances while investigating discrepancies or unexpected balance changes.

• Lead the implementation of state-of-the-art cash management, ensuring timely and accurate cash-flow reporting over budgeting and rolling forecasts. Provide consolidated reports to management, offering insights into main drivers and trends.

• Leveraging technology to identify areas for enhancement, driving efficiency and cost saving to improve of working capital and cash flow processes.

• Ensure compliance with treasury policies, procedures, and internal controls. and monitoring related key performance indicators (KPIs).

• Develop and maintain sophisticated financial models and staying informed about industry best practices to capitalize on optimization opportunities.

• Support any curve-out related finance matter.

• Prepare comprehensive reports and presentations for management, communicating performance, financial insights, and recommendations for ongoing and strategic initiatives.

Your experience and qualifications

• Bachelor's or master's degree in finance, Accounting, or a related field.

• 7 years+ of working experience in an international environment, preferably in a finance role with a focus on working capital management.

• Proved experience in identifying and implementing automation improvements.

• Ability to manage multiple projects, work effectively with cross-functional partners and to adapt to a fast-changing environment.

• Passionate for details, and thinking analytically and strategically.

• Pragmatic and hands-on approach to problem-solving, with a proactive mindset and the ability to take the lead.

• Excellent written and verbal communication skills, with the ability to effectively communicate complex financial concepts to diverse stakeholders.

• Proficient in English.

• Advanced proficiency in financial analysis tools and MS Excel.

• Strong organizational skills and ability to manage multiple priorities in a fast-paced environment.

• High attention to detail and accuracy.

Reports To

Head of Treasury TAPI

Contact person

Vincent van Straten - Team Lead Recruitment

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. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply:Internal Career Site (https://performancemanager.successfactors.eu/sf/careers/jobsearch?bplte_company=1080030P)

The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.

Pre Employment Screening

Teva will carry out appropriate verification and legally permitted vetting prior to the confirmation of any offer of employment. More information on this verification and vetting will be provided if you reach this stage of the application process.

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. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.

EOE including disability/veteran