Role Summary
The Controllers organization provides financial information for Pfizer Inc. to management, shareholders, and regulators. As part of the Core Operations department of Controllers, the Global Mark-Up Exchange (GMX) group provides an integrated cost, intercompany transfer price, inventory, and markup system. The GMX team and process provides management with data used for both internal and external financial reporting through extensive collaboration with business partners to ensure intercompany commerce is not disrupted.
The GMX Inventory team is primarily responsible for:
- Inventory Cube & Data Submission Management - Manage the Global Inventory Cube and monthly Inventory Data Submissions including ownership of associated processes and ensuring compliance and data quality
- Inventory Reporting & Analysis - Management and presentation of monthly, quarterly, and annual global inventory reporting & analysis activities
This position collaborates with GMX team members and is the point of contact for key inventory and working capital stakeholders across the organization. The role requires close interconnectivity with the Master Data team to manage downstream impacts and a high-level of engagement with Pfizer Global Supply (PGS) Finance and regional teams globally covering all business units to provide local market inventory support. The colleague will coordinate with the Inventory and Reporting & Analytics Lead and Submissions Team to provide inventory data and analysis to the Sr. Inventory Lead, PGS Finance and the broader Pfizer finance organization globally.
This role will be based in Pfizer's Enabling Function Hub in Tampa, Florida. Pfizer's Enabling Functions Hubs serve to bring internal professional services such as Finance, HR, Digital, and Sourcing together into a consolidated and simplified shared services structure. Colleagues in the Enabling Functions Hubs execute end-to-end operational activities that can be standardized and scaled for greater enterprise synergies and effectiveness. The work managed from these hubs will evolve and expand over time as Enabling Functions continue to evaluate their go-forward delivery model. With an established community and evolving support model, Pfizer's Enabling Functions Hubs are dynamic and energizing places to work. Colleagues with diverse capabilities across multiple functions are co-located to facilitate greater colleague collaboration, new ways of working, and enhanced simplification through more integrated end-to-end solutions.
Role Responsibilities
Inventory Cube & Data Submission
- Assist in the GMX monthly inventory data collection and develop interaction models to effectively assist markets and multiple organizations within Pfizer in resolving processing issues; ensure GMX team members are executing responsibilities in line with established SOPs and scope of deliverables related to the Global Inventory Cube.
- Ensuring compliance and data quality associated with the Global Inventory Cube submission and reporting processes, per established SOPs and scope of deliverables
- Build and maintain effective relationships with Global Accounting, market, and plant colleagues to resolve issues and complete submission processes
- Supporting the provision of guidance and support to markets and sites representing all global legal entities including PGS manufacturing plants to ensure timely and accurate Global Inventory Cube submissions
- Support the accuracy and completeness with local ledgers of the financial information from all legal entities and business units across the globe within the Global Inventory Cube
- Establishing effective relationships and maintaining constant interaction with ERP Teams to address issues and enhance system interdependencies. Delivery of monthly, quarterly and annual inventory reporting requirements
- Design and implement standard analytics to provide greater understanding of Inventory movement and present to Senior Management, including the Core Operations leader & SVP Controller, as part of review of quarterly financial results.
- Support the long-term inventory calculations with Pfizer Global Supply (PGS) and own analysis by location Support Senior Manager with (corporate/statistical/mark up) related issues in conjunction with ongoing business activities (working capital, tax strategies, legal entity mergers, acquisitions/divestitures)
- Conduct comprehensive analysis of inventory balances on a monthly, quarterly, and annual basis to identify significant increases/decreases and primary factors driving changes. Develop and utilize metrics to provide end-to-end visibility and clarity, thereby enabling informed decision-making by management
General/Leadership
- Maintain inventory SOPs, work instructions and process maps to ensure processes are performed, implementing and communicating necessary changes
- Participate in assigned projects as the Inventory subject matter expert leveraging strong analytical skills with the ability to identify and implement best practices
Qualifications
Must-Have
- Bachelor's Degree in finance or accounting
- 5 years of experience in a financial reporting capacity within a large multi-national company
- Leadership experience (direct or indirect)
- Demonstrated track record of delivering results in a complex matrixed organization
- Experience working across multiple levels (including executive level), functions and regions; able to partner, lead and influence others without having a direct reporting relationship
- Strong knowledge of accounting and financial systems/processes, controls, and ability to translate strategies into financial concepts
- Good knowledge of product costing, transfer pricing and intercompany financial and physical flows
- Understanding of intercompany inventory Cost of Sales (COS) and profit in inventory reserves and eliminations is required to ensure accurate external and internal financial reporting
- Strong working knowledge of financial systems, such as FCCS, SAP/S4H and SAP-BI.
- Problem Solver - Lead 'root-cause' efforts, from identification to resolution, of breakdowns in the monthly processes
- Able to clearly communicate complex financial and process-related information to key stakeholders
- Demonstrated experience in continuous process improvement initiatives
- Ability to act decisively, seize accountability and be change agile
- Strong organizational and analytical skills, capacity to quickly identify problems and structure solutions, and to plan and prioritize work on multiple projects, while maintaining high quality and meeting or exceeding deadlines
- Proficiency in Microsoft Office applications, including Power BI, Power Apps, and Power Automate, among others
- Proficient and demonstrated experience in project management discipline including the formation of a plan, tracking of progress, organization of team, assignment of responsibilities and delivery of status updates to leadership
Nice-to-Have
- MBA and/or CPA
- Experience in the pharmaceutical industry is a plus
Other Job Details
- Last day to apply: January 31, 2025
- Must be able to work in assigned Pfizer office 2-3 days per week, or as needed by the business. This is not a remote role.
- Ability to work in a global environment requiring occasional off-hours meetings
- Travel up to 10%
The annual base salary for this position ranges from $86,800.00 to $144,600.00. In addition, this position is eligible for participation in Pfizer's Global Performance Plan with a bonus target of 12.5% of the base salary and eligibility to participate in our share based long term incentive program. 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 applies to the Tampa, FL location only. The salary range provided does not apply to any other United States location or locations outside of the United States.
Relocation assistance may be available based on business needs and/or eligibility.
Sunshine Act
Pfizer 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 Eligibility
Pfizer 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.
Finance & Accounting
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