Financial Analyst

Job Description: At Ferring Pharmaceuticals, we help people around the world build families and live better lives. We are entrepreneurial and innovative, with a global team focused on scientific advances in the areas of reproductive and women’s health, gastroenterology, and urology. Ferring + You is all about working together and sharing ideas, so that we can bring science to life for patients around the world Joining our team, you will discover an empowering culture and the opportunity to create and deliver innovative products that have the potential to change lives. Collaborating with colleagues inside and outside Ferring, we are focused on growing our capabilities with new therapeutics, life-cycle management, and personalized solutions. Doing revolutionary work is in your hands Ferring+You The role contributes to the operational finance activities, concentrated around P2P, O2C and A2R processes and acts as first point of contact for the BPO for finance related matters. The role conducts retained operational activities, especially knowledge based and provides review and approvals to the BPO and ensures finance processes are conducted smoothly and with high quality, in compliance with existing fiscal and civil regulations, as well as with specific company policies and accounting principles, in compliance with existing fiscal and civil regulations, as well as with specific company policies and accounting principles. The role reports to the country head of finance Your day at Ferring Finance strategy and business partnering:

• Advise and challenge business with timely and proactive analyses, assessments of variances to the plans, financial impacts, and risks
• Provide Management Information to other departments
• Inform timely on any unexpected issue impacting potentially the financial performance of the Country and Area
• Propose/implement corrective actions
• Identify areas of improvement in business and organization and propose implementation plan
• Monitor key ratios

Finance Policy:

• Strict implementation of IFRS and internal guidelines across the entities (and others if applicable)
• Adherence to the local fiscal and finance related regulations of the respective country
• Inform timely on potential issues, assess the risks, and propose corrective measures

• Overseeing and working in close collaboration with the BPO and ensuring the deliverables from the BPO: Order goods/services: Verify the quality of a purchase

• Manage and process collections: Forecast collections. Release credit hold Customer billing: Generate and send invoices to customers
• Overseeing and working in close collaboration with the BPO and ensuring the deliverables from the BPO: Manage and process collections:

• Process and manage intercompany transactions Customer billing: Enter customer invoice
• Period end closing and reporting
• Tax preparation and management
• Treasury management
• Overseeing and working in close collaboration with the BPO and ensuring the deliverables from the BPO:
• Cash reconciliation: Load and reconcile bank statements Accounting for Fixed Assets, Tax Accounting and Payroll accounting

Financial budgeting and planning:

• Contribute to achieving financial ambitious goals and targets and challenge budget of other departments and of other organizational units if applicable
• Forecast P&L and cash flow

Perform budget process financial reporting:

• Perform statutory reporting by ensuring accounting records and reports are accurate, duly approved and comply with the Statutory Accounting Principles
• Costing: Perform variance analysis
• Management reporting and forecasting:
• Prepare period financial forecast
• Evaluate financial performance by advise and challenge the business with timely and proactive analyses, assessments of variances to the plans, financial impacts and risks; provide management information to other departments; inform timely on any unexpected issue impacting potentially the financial performance of the Country and Area, propose/implement corrective actions; identify areas of improvement in business and organization and propose implementation plan, monitor key ratios; identify & implement synergies across the country; propose efficiency improvement measures

• Support HQ/Corporate Finance in the implementation of corporate Finance programs, processes or procedures which are to be locally applied
• Contribute to performance management and drive continuous improvement initiatives e.g. propose standardized and coordinated use of financial information systems, identify and propose optimization measures

Behind our innovation…There’s you

• University degree in Finance or Accounting.
• 3-5 years’ experience in Finance.
• Demonstrated understanding of financial and accounting principles and processes.
• Demonstrated experience in leading teams, on- and offshore.
• An analytical mindset and be a self-starter, being able to see opportunities and solve problems independently.
• Good communication and stakeholder management skills, being able to work with both management and employees in the organization.
• Presenting your views and being challenged.
• Work independently with the ability to influence multiple stakeholders.
• Ability to work in decentralized finance structure.
• Ability to set long-term financial targets and sponsor performance improvement projects.
• Professional business English (oral and written) as well as local language as required.
• Systems used are Navision, Power BI, CPM, SAP. Understanding and experience of the systems used will be an advantage.

People come first at Ferring Get inspired from our commitment to advocate for everyone’s right to build a family, no matter who you are, where you live or who you love Our inclusive support package – “Building Families at Ferring” provides equal and accessible policies for all employees who wish to start their family journey, ensuring a global standard, irrespective of location and role Parental leave for both birthing and non-birthing parents Extended support on family building journey Making a difference in the life of millions of people means we succeed by working together. Our diverse backgrounds, experiences, expertise, and perspectives enable us to find solutions to even the most challenging problems, and our success is tied to each team member’s contributions. Imagine the power of your career when it’s Ferring + You Behind our purpose… There’s you If our mission and your vision are aligned, please apply Location: Ferring South Africa