Why Patients Need YouTechnology impacts everything we do. Pfizer's digital and 'data first' strategy focuses on implementing impactful and innovative technology solutions across all functions from research to manufacturing. Whether you are digitizing drug discovery and development, identifying solutions, or making our work easier and faster, you will be making a difference to countless lives.What You Will AchieveThe Senior Association, Finance Operations is under the supervision of the Director of Portfolio Operations and provides support to the Directors of Financial and Portfolio Management. The position is responsible for offering financial support to Biopharma, Patient Facing, CDI Digital creation center, ensuring that semester operating expense targets are achieved, costs comply with financial policies, and financial reporting obligations are fulfilled.Key Responsibilities
Contributes to the development of the annual operating expense budget and the delivery of quarterly forecasts to Digital Finance
Manages one-time and annual ongoing operating expenses to established targets
Oversees the annual ongoing costs of non-project portfolios, such as infrastructure, DevSecOps, and fixed assets
Tracks non-colleague costs against project codes and consolidates the reporting of detailed transactions
Oversees the cost recognition process to ensure that the costs of services performed and goods received are accurately stated
Verifies that costs are incurred in the correct location, in compliance with cost accounting policies
Manages inbound and outbound technology chargebacks
Oversees the chargeback of the cost of select enhancements to business customers
Uses business intelligence tools to analyze large data sets and improve financial decision-making
Conducts new hire training on financial processes and tools
Operating Expense Management
Work with LT members and their leaders to create the operating expense budget
Review monthly actual results and prepare variance analysis versus budget and forecast
Identify permanent and temporary favorability/unfavorability and work with teams to adjust forecasts as needed
Collaborate with teams to develop quarterly forecast submissions and future year scenarios
Offer continuous financial support to teams to help them comprehend costs incurred and guide them towards the achievement of established financial targets
Verify in accruals to ensure that the costs of services performed and goods received are correctly accrued as per cost recognition policies
Maintain Fixed Asset Register including master data for all assets
Maintain the cost center hierarchy
Examine cost transfers (re-classes, intercompany charges, statistical entries) globally to ensure they are accurately recorded in the right location (country and legal entity) as per global and local cost accounting policies
Ensure one-time and incremental ongoing costs for non-enterprise solutions are in line with the Digital Funding Model
Supervise the management of WBS elements from their creation to their closure to ensure proper accounting
Monitor costs associated with non-colleagues using WBS elements to ensure accurate tracking
Chargebacks
Charge out select enhancement costs to business customers
Review and submit reclasses
Assist with developing and implementing system enhancements to improve financial and portfolio management, reporting, forecast accuracy and usability
Infrastructure Portfolio
Monitor & Manage infrastructure costs related to physical hardware (servers, storage, memory), virtual hosting (Amazon Web Services), mid-tier technologies (requests for changes, database services, web services, file transfer interfaces), virtual desktops, Desktop on Demand, DevSecOps, agile development tools, etc.
Charge costs to projects during the development cycle and to operations during the support cycle
Collaborate with EP&S to improve the transparency and accuracy of infrastructure charges through continuous improvement initiatives
Mine infrastructure data to drive cost savings by increasing the transparency of transactional cost details
Fixed Asset Management
Forecast annual depreciation of activated assets and assets under construction, with a net book value on the balance sheet
Conduct asset impairment reviews in support of Controllers to determine if assets in the Fixed Asset Register are still in productive use
Dispose of or write-off impaired assets that are no longer in productive use
Align the accounting and replacement useful lives to accelerate the depreciation of assets
Streamline and improve the analysis of the Fixed Asset Register by consolidating similar assets
Standardize and maintain fixed asset master data
Financial Reporting Tools
Own and manage the ERP Enhance Tool, which monitors enhancements to all SAP modules on a global scale
Manage existing Excel-based tool that gathers annual operating expense budgets and quarterly forecasts
Participate in the implementation of the Planful solution, which will transition operating expense management from Excel to a customized off-the-shelf solution
Lead continuous improvement efforts by identifying and implementing system enhancements to improve reporting, forecast accuracy, and usability
Develop automations to streamline manual, routine processes
Data Analytics
Use business intelligence tools, such as Tableau, to perform ad hoc analysis of financial data, providing insights into cost details, trends, and potential cost-saving opportunities
Create Tableau dashboards to enhance the visualization of complex, large financial datasets
Basic Qualifications
Bachelor's degree with three years of relevant experience ; OR Master's degree with one year of relevant experience; OR Associate's degree with six years of relevant experience; OR Eight years of relevant experience with a high school diploma or equivalent
5+ years of experience working in a corporate environment in a financial analysis role
Solid understanding of generally accepted accounting principles (GAAP)
Nice-to-Have
Obtained or actively pursuing a CPA or MBA a plus
Analytical capabilities to understand and explain financial variances
Results driven and able to drive cost savings to achieve financial targets
Advanced Microsoft Excel skills and effective use of other Microsoft Office products (i.e., PowerPoint, Word)
Experience using Tableau a plus
Change agile and ability to act on projects quickly
Seizes accountability and is a self-starter
Quickly learns new skills and knowledge
Excellent oral and written communication skills
Demonstrated business acumen
Negotiation and influence skills
Works well in a collaborative team environment
Willingness to contribute fresh and innovative ideas
Organized and able to work on a variety of projects
Self-starter and motivated to own tasks and drive results
PHYSICAL/MENTAL REQUIREMENTSMust be able to work on a laptop/desktop for long periods of timeNON-STANDARD WORK SCHEDULE, TRAVEL OR ENVIRONMENT REQUIREMENTSWillingness to travel 10% of the time to Tampa or New York offices
Last day to apply: May 10th, 2024
Must be able to work in assigned Pfizer office 2-3 days per week, or as needed by the business
This role is NOT remote
The annual base salary for this position ranges from $74,900.00 to $124,800.00. In addition, this position is eligible for participation in Pfizer's Global Performance Plan with a bonus target of 7.5% of the base salary. We offer comprehensive and generous benefits and programs to help our colleagues lead healthy lives and to support each of life's moments. Benefits offered include a 401(k) plan with Pfizer Matching Contributions and an additional Pfizer Retirement Savings Contribution, paid vacation, holiday and personal days, paid caregiver/parental and medical leave, and health benefits to include medical, prescription drug, dental and vision coverage. Learn more at Pfizer Candidate Site - U.S. Benefits | (uscandidates.mypfizerbenefits.com). Pfizer compensation structures and benefit packages are aligned based on the location of hire. The United States salary range provided does not apply to Tampa, FL or any location outside of the United States.
The annual base salary for this position in Tampa, FL ranges from $67,400.00 to $112,300.00.
Relocation assistance may be available based on business needs and/or eligibility.Sunshine ActPfizer reports payments and other transfers of value to health care providers as required by federal and state transparency laws and implementing regulations. These laws and regulations require Pfizer to provide government agencies with information such as a health care provider's name, address and the type of payments or other value received, generally for public disclosure. Subject to further legal review and statutory or regulatory clarification, which Pfizer intends to pursue, reimbursement of recruiting expenses for licensed physicians may constitute a reportable transfer of value under the federal transparency law commonly known as the Sunshine Act. Therefore, if you are a licensed physician who incurs recruiting expenses as a result of interviewing with Pfizer that we pay or reimburse, your name, address and the amount of payments made currently will be reported to the government. If you have questions regarding this matter, please do not hesitate to contact your Talent Acquisition representative.EEO & Employment EligibilityPfizer is committed to equal opportunity in the terms and conditions of employment for all employees and job applicants without regard to race, color, religion, sex, sexual orientation, age, gender identity or gender expression, national origin, disability or veteran status. Pfizer also complies with all applicable national, state and local laws governing nondiscrimination in employment as well as work authorization and employment eligibility verification requirements of the Immigration and Nationality Act and IRCA. Pfizer is an E-Verify employer. This position requires permanent work authorization in the United States.Information & Business Tech#LI-PFE
