Jobs / Czechia / Novartis Pharmaceuticals Corporation
Senior FRA Specialist, Inventory
Novartis Pharmaceuticals Corporation · 🌍 Prague
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Sponsor Radar — Novartis Pharmaceuticals Corporation
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About the role
Salary Range: Kč808,381.00 - Kč1,501,279.00 Job Description Summary #LI-Hybrid Location: Prague, Czech Republic Relocation Support: This role is based in Prague, Czech Republic. Novartis is unable to offer relocation support: please only apply if accessible. Imagine playing a pivotal role in ensuring the accuracy and integrity of financial information that supports life-changing medicines reaching patients worldwide. As a Senior FRA Specialist Inventory, you will be at the center of Novartis’ inventory accounting and reporting operations, partnering with Finance, Supply Chain, and business stakeholders across the organization to deliver high-quality financial insights, strong controls, and operational excellence. This is an opportunity to combine technical accounting expertise with cross-functional collaboration, driving impactful decisions while helping shape efficient, compliant, and transparent financial processes in a global environment. Job Description Key Responsibilities • Lead month-end close activities for inventory and cost of goods sold accounting processes. • Perform inventory account reconciliations and ensure accurate balance sheet and income statement reporting. • Manage inventory provisioning activities, including slow-moving and non-moving stock assessments. • Oversee product revaluation and devaluation analysis impacting inventory reserves and financial performance. • Deliver accurate and timely Novartis Product Margin Reporting, including data analysis and validation. • Collaborate with Finance, Supply Chain, and business partners to resolve inventory accounting matters. • Strengthen financial controls, review reconciliations, and support compliance, audit, and reporting requirements. Essential Requirements • Bachelor's degree in Accounting, Finance, Economics, or a related business discipline. • Proven experience in financial accounting, reporting, or record-to-report processes within a global organization. • Strong knowledge of inventory accounting principles, financial controls, and month-end closing activities. • Experience analyzing complex financial data and translating findings into actionable business insights. • Ability to collaborate effectively with cross-functional stakeholders in an international environment. • Strong attention to detail with a commitment to accuracy, compliance, and continuous process improvement. Benefits & Rewards At Novartis, we’re committed to reimagining medicine together - and rewarding the people who make it happen. Expected Annual Base Salary Range for role: 808,381 CZK to 1,501,279 CZK The base salary offered is determined based on gender-neutral objectives, such as relevant skills, competencies and experience in accordance with the Novartis pay setting policy and upon joining Novartis will be reviewed periodically. In addition to your base salary, you may be eligible for a performance-based bonus depending on certain performance parameters. The rewards of being part of our team go far beyond base pay and incentives. We also offer a variety of competitive benefits in kind to help you thrive personally and professionally, such as insurance plans, retirement plans, wellbeing resources and global recognition programs. In addition, we provide flexible and hybrid working options, where possible, and minimum 14 weeks paid parental leave. Read our brochure to learn more about our global total rewards offering: https://www.novartis.com/sites/novartis_com/files/novartis-life-handbook.pdf Note: Benefits and compensation may vary by country and are subject to local legal requirements, including provisions of collective bargaining agreements where applicable. A full overview of your compensation package, including any relevant collective ba