Associate Manager Controls amp Compliance FA LEAD

Profile

Bristol-Myers Squibb is a global Biopharma company committed to a single mission: to discover, develop, and deliver innovative medicines focused on helping millions of patients around the world in disease areas such as oncology, cardiovascular, immunoscience and fibrosis.

Join us and make a difference. We hire the best people and provide them with a work environment that places a premium on diversity, integrity, collaboration and personal development. Through a culture of inclusion, we create a better, more productive work environment. We believe that the diverse experiences and perspectives of all our employees help to drive innovation and transformative business results.

Bristol Myers Squibb is a global biopharmaceutical company committed to transforming patients’ lives through science. At the core of that mission are the talented individuals who contribute their “unique” skillsets to help us drive innovation and deliver truly life-changing drugs for our patients. As we continue to pursue that mission, we’re looking for talented professionals like you to join our team. What unique gene will you bring?

Position Purpose

Controls in the long-lived assets (comprised of fixed assets, software and leases) and entity wide controls cycles are critical to the maintenance of an internal control environment, to promote compliance with laws and regulations, and support the efficiency of Bristol-Myers Squibb’s operations. The Business Process Champion (BPC) represents the Business Controls Function (BCF) as a leader and subject matter expert in financial, operational and fraud risks in the Long-lived assets and entity wide controls areas. This Associate Manager position reports directly to the Director, Business Controls Function for GPS, R&D and Medical, based in New Brunswick, New Jersey. This role will have responsibility for all Business Control Function global service level delivery with respect to the Long-lived assets and Entity Wide Controls cycles, interacting closely with line and senior management Business Process Owners (BPOs) in these critical areas. The individual selected for this position will implement best practices and remain abreast of outside developments in these cycles, and serve as a business partner to leadership in these organizations.

Duties & Responsibilities

Governance & Stakeholder Engagement


Regularly engage with management in the long-lived asset and entity wide controls areas to proactively identify and mitigate financial, operational and fraud risk, serving as subject matter expert in the end-to-end processes for these business cycles.

Maintain formal stakeholder engagement plan for relationship management with the key leaders in these processes.

Consult outside resources as necessary including trade groups and management consulting firms to remain abreast of technological and other developments in these business cycles in an effort to drive process improvement and simplification opportunities.

Deliver training and presentations to the BCF network regarding significant changes in control in respective cycles, to ensure the entire department remains abreast.


Sarbanes-Oxley & Quarterly Section 302 Sub-certification Activities


Proactively evaluate the long-lived asset and entity wide controls environments to ensure the Company’s internal control standards are optimal, with appropriate financial and anti-fraud controls.

Meet with key business leaders in these functions to ensure the controls documentation accurately reflects current practices and procedures.

On a quarterly basis, evaluate out of period adjustments to the financial statements, control failures and Global Internal Audit (GIA) observations for potential Sarbanes-Oxley (SOX) deficiency reporting. Respond promptly to all control deficiencies and recommend corrective action.

Promptly and thoroughly evaluate the financial magnitude and potential pervasiveness of all long-lived asset and entity wide controls internal control deficiencies and work with management to develop robust root cause and remedial action plans, tracked to completion.

Immediately escalate and participate in evaluation of any control deficiencies with indications of fraud, bribery or corruption to senior BCF leadership and department subject matter experts, including preparing reports to senior management and the Audit Committee of the Board of Directors.

On quarterly basis and more frequently as required, work with BPOs to understand and evaluate changes in control environment for SOX reporting and compliance purposes.

Prepare and deliver presentations on the status of control deficiencies to senior management and the Company’s external auditors.

Facilitate annual walk-throughs of internal controls for Long-lived assets and Entity wide controls cycles for the BCF’s management and the Company’s external auditors. Update process flows and related narratives as necessary.

Review Sarbanes-Oxley testing and documentation gathered to support walkthroughs with the Company’s external auditors.

Contribute to SOX scoping and testing decisions annually, including quantitative and qualitative considerations such as history and trend of control deficiencies, changes in people, process, technologies, and similar considerations.


Financial, Operational & Fraud Risk Assessment


Collaborate with Business Process Owners in these critical cycles to prepare an annual risk assessment designed to address top-of-mind financial, operational and fraud risks. This risk assessment helps prioritize the BPC’s project work for the year and considers internal and external sources of risks.

Follow-up with BPOs to ensure prompt and thorough implementation of risk mitigation activities.

Oversee the Long-lived assets and Entity wide controls elements of the BCF’s fraud risk assessment and contribute to content development (i.e., fraud risk scenarios and potential mitigating controls).

Monitor higher fraud risk areas identified in global risk assessment and review if mitigation actions are in place for risks that implicate the Long-lived assets and Entity wide controls cycles.

Present to BCF and other leadership on the results and status of issues identified in this risk assessment. Collaborate with BCF senior leadership to incorporate suggestions into risk management framework


Internal Audit Facilitation


Facilitate all GIA activities related to the Long-lived assets and Entity wide controls cycle audits, including attending meetings, understanding observations, interpreting policy and procedure, whether audit findings represent SOX deficiencies, and contributing to the development of innovative remediation and process improvement opportunities.

Follow-up with BPOs on all remedial activity in response to audit observations to ensure prompt and thorough completion, and sustainable control improvement.


Other Areas


Proactively prepare whitepapers describing the BCF’s position on significant changes in the Company’s internal control environment.

Assess controls impact of robotics process automation (RPA) initiatives as needed.

Participate as a business partner to BPOs on special projects initiatives from a financial, operational and anti-fraud control perspective (e.g., systems implementations, simplification and efficiency opportunities, etc.).

Evaluate proposed changes to the Company’s control environment proposed outside of the US to ensure that changes are appropriate and consistent with the corporate perspective for globally defined processes.


Education/Experience


Certified Public Accountant or equivalent required.

Well-versed in the Sarbanes-Oxley Act and related PCAOB promulgations. Appreciation of and ability to articulate key compliance risks facing global pharmaceutical industry desirable (e.g., FCPA, UK Bribery Act, US Anti-Kickback Statute, etc.).

Strong understanding of the COSO Framework, including the 2013 amendments.

Minimum 3 to 5 years professional experience in accounting, audit, and similar functions. Big four public accounting / consulting or similar experience required.

Ability to analyze and report on issues, financial magnitude and pervasiveness of control deficiencies with speed and accuracy must be a core competency.

Ability to identify root cause and develop creative and thorough remediation plans designed to ensure sustainable remediation.

Understanding of US GAAP and internal controls, in particular in the Long-lived assets and entity wide controls areas. Must be a subject matter expert in this area with deep experience.

Experience in financial analysis and data analytics desirable.

Previous Finance department experience a plus (e.g., financial analysis, close responsibilities, financial system implementations, etc.).

Bachelor’s degree in accounting required.


Functional/Technical


Ability to manage multiple projects and competing priorities, while working independently with speed and accountability.

Business partner attitude and ability to collaborate with different functions, while maintaining objectivity.

Ability to work with a range of technically and culturally diverse people.

Ability to effectively communicate to a diverse audience and influence others, at multiple levels within the company.

Ability to establish formal relationships across functions and multiple levels of management to drive performance and improve process.

Strong written and verbal communication to facilitate relationship building with peers and senior management. Comfort presenting to senior level leadership on areas that present risk.

Ability to display tact and diplomacy in difficult situations and an appreciation of the importance of confidentiality of matters. Includes ability to address controversial issues of assessing control and fraud risk in a non-adversarial manner.

Strong, proven leader, influencer, change agent, and executive presence.

Ability to execute a solution in a confident and successful manner.


Bristol-Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees the resources to pursue their goals, both at work and in their personal lives.

Bristol-Myers Squibb is an equal opportunity employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

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