Senior Cash Management Specialist - CH market

<p><b>Job Description Summary</b></p>The Senior Cash Management Specialist is in charge of the optimization of cash position to ensure maintenance of adequate liquidity while also managing payments, receipts and financial risk effectively for Novartis Group entities. The Senior Specialist acts as a role model for the Cash Management Team providing guidance, knowledge-sharing, empowerment to junior team members and continuously demonstrating strong leadership skills. The role ensures that Cash Management processes (bank accounting, reconciliation, closing, entries, validation, quality, reporting and analysis) are in place and managed in accordance with defined standards and operating procedures. This includes driving operational improvements, ownership of projects, resolution of complex issues/cases, addressing and solving operational constraints on a timely manner, leading discussions with key stakeholders and bridging operations to the TCM leadership team. The Senior Specialist should demonstrate operational excellence on the key responsibilities that a Cash Management Specialist performs, ensuring cash forecasts are timely executed, with utmost quality delivery and fully compliant. In addition, the Senior Cash Management Specialist constantly provides regular and timely reporting, analysis and KPIs understanding to support NBS to enable improved performance, compliance and cost reduction<br/><br/>This role is also managing performance analysis, banking set-up, controlling of bank operations and all TCM relevant master data, enabling effective and efficient TCM processes. He/She is ensuring coordination of activities with In-House-Bank (IHB) and Group Treasury.<br/><br/>The Senior Cash Management Specialist leads without formal authority the Novartis NOCC Cash Management processes, supporting, enabling and stewarding the execution of quality services by the team.<p><br/> </p><p><b>Job Description</b></p>Job Description<p><b>Key Responsibilities:</b></p><p><span>•</span><span> </span><span> </span> Has the operational oversight to provide services at expected levels with a clear customer focus, including handling the exceptions</p><p><span>•</span><span> </span><span> </span> Provides functional guidance from TCM Cash Management perspective for business transactions. Interacts proactively within NOCC and Divisions to ensure accurate cash forecasting and liquidity position</p><p><span>•</span><span> </span><span> </span> Leads collaboration with key stakeholders, including senior level cross-Novartis entities business colleagues and Novartis local entity/group financial reporting and accounting</p><p><span>•</span><span> </span><span> </span> Serves as a Subject Matter Expert (SME) for related policies and processes, supports productivity objectives and continuous improvement, process changes and leading practices to have an efficient and effective process</p><p><span>•</span><span> </span><span> </span> Drives and monitors improvements to sustain a highly effective and efficient TCM Cash Management process, and realizes cost reduction opportunities including areas to harmonize and standardize processes</p><p><span>•</span><span> </span><span> </span> Drives initiatives to improve accuracy of the short-term cash forecast.</p><p><span>•</span><span> </span><span> </span> Timely performance of Novartis internal controls relevant to Cash Management and Bank Reconciliation</p><p><span>•</span><span> </span><span> </span> Establish an effective forecasting data collection process and control mechanisms.</p><p><span>•</span><span> </span><span> </span> Manage, review and control the daily forecasting process in coordination with the relevant stakeholders in NOCC and in countries.</p><p><span>•</span><span> </span><span> </span> Actively seeking innovation, embracing and deploying new technologies and unceasingly aiming for automation and simplicity</p><p></p><p><b>Key Requirements:</b></p><p><span>•</span><span> </span><span> </span> University level degree in Business Administration/ Economics/Finance or IT related fields<b><span>                   </span> </b><span>                            </span></p><p><span>•</span><span> </span><span> </span> Fluent in English both written and spoken, excellent communication skills</p><p>Other languages are a <span>plus                       </span></p><p><span>•</span><span> </span><span> </span> 4+ years of relevant experience, with good functional exposure to Treasury and Cash Management processes. Accounting and reporting experience is a plus</p><p><span>•</span><span> </span><span> </span> In-depth knowledge of Treasury processes and system solutions.</p><p><span>•</span><span> </span><span> </span> SAP knowledge: experience with SAP FI, S4Hana and Business Warehouse.</p><p><span>•</span><span> </span><span> </span> Conceptual thinking and ability to align specific functional requirements with the overall Treasury &amp; Cash Management strategy</p><p><span>•</span><sp