Financial Reporting & Cash Flow Lead – Restructuring Projects (12 month FTC/Secondment)

Financial Reporting & Cash Flow Lead – Restructuring Projects (12 month FTC/Secondment)

Career Level: E

Location: Luton. Central Cambridge

AstraZeneca is a global, innovation-driven biopharmaceutical business that focuses on the discovery, development and commercialization of prescription medicines for some of the world's most serious diseases. We are more than just one of the world's leading pharmaceutical companies. At AstraZeneca, we're proud to have a unique workplace culture that inspires innovation and collaboration. Here, employees are empowered to express diverse perspectives - and are made to feel valued, energised and rewarded for their ideas and creativity.

AstraZeneca’s Finance function is continuing its transformation journey with the objective of delivering excellence in financial operations and reporting. As this strategy continues to drive the effectiveness and performance of the business, to the benefit of millions of patients worldwide, best in class finance support and leadership becomes ever more important.

Are you a qualified finance professional with experience of reporting and planning? Do you have a track record of influencing and delivering change? This role offers you the chance to work within the Group Restructuring Project Management Office, based in central Cambridge. The role will work closely with Group Planning and Business Performance, Group Reporting, R&D Finance, Operations Finance, Alexion Finance and Tax teams, as well as other parts of the business as necessary.

The Role

We are looking for a candidate with relevant expertise and experience, but more importantly a problem solver, simplifier, integrator, connector and communicator. A change agent who challenges, works with an agile, positive mindset, and has the ability to think differently and make it happen.

Key activities

The role will be responsible for the monthly, quarterly and annual reporting requirements for Group’s restructuring programmes as well as the consolidated cash flow planning and analysis and other activities to monitor and govern restructuring activities. The role reports to the Senior Finance Director, Restructuring and Special Projects. In particular, the role will:

• Assume overall ownership of the monthly close and consolidation process for Restructuring, reviewing and analysing unit submissions and preparing the monthly reporting pack.
• Assume overall ownership of the consolidated balance sheet position for all restructuring projects in the Group, maintaining visibility and analysis of the position by project.
• Consolidate and own the cash flow forecast for the Group’s restructuring programmes, challenging and steering project level finance business partners to provide high quality inputs.
• Track and consolidate monthly actuals by project and provide insightful commentary and analysis for inclusion in the Group Performance Report, SET and Board presentations.
• Monitor actual performance against the latest forecast, intervening where necessary to remediate performance issues.
• Lead all central interactions on Restructuring with the Group auditor.
• Support the AstraZeneca Restructuring governance process which includes maintaining and communicating Restructuring guidelines for initiatives, quantitative and qualitative assessment of the business cases, as well as active project management and collaboration with relevant stakeholders
• Advise on reporting treatment and provide other practical support as required by reporting units.
• Preparation of Restructuring-related presentations, financial and ad-hoc analysis to Group Finance stakeholders

Candidate Knowledge, skills, experience

Essential

• Qualified accountant (ACA, ACCA, CIMA or equivalent) with experience of IFRS
• Key Leadership Capabilities
  • Proven ability to communicate effectively across the organisation
  • Demonstrable experience of acting decisively in an ambiguous environment
• Confidence to drive things forward and influence without direct authority
• Ability to think strategically and work with others to develop solutions for Finance
• Flexible with their own time to cover different time zones & urgent deliverables
• Track record of building strong networks across a global business
• Organised, with a natural sense of urgency & drive to take the initiative
• Experience working in a controlled (preferably SOx) environment
• Strong systems skills; advanced Microsoft Excel & Powerpoint, knowledge of Hyperion Planning including SmartView would be advantageous

Desirable

• Experience of pharmaceutical industry, manufacturing supply chains
• Strong cultural awareness and working effectively with cross-border stakeholders

Additional information

• No budget responsibility
• Key relationships will be across all SET areas in both finance & non-finance

Date Posted

27-Mar-2023

Closing Date

08-Apr-2023

AstraZeneca embraces diversity and equality of opportunity. We are committed to building an inclusive and diverse team representing all backgrounds, with as wide a range of perspectives as possible, and harnessing industry-leading skills. We believe that the more inclusive we are, the better our work will be. We welcome and consider applications to join our team from all qualified candidates, regardless of their characteristics. We comply with all applicable laws and regulations on non-discrimination in employment (and recruitment), as well as work authorization and employment eligibility verification requirements.