Senior Manager I- Controllership R2R Ops at Bristol-Myers Squibb

Hyderabad, Telangana, India

Bristol-Myers Squibb Logo
Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Pharmaceuticals, BiotechnologyIndustries

Requirements

  • A minimum of 7-9 years of experience
  • 3-5 years of experience in accounting leadership roles
  • Exceptional expertise in record-to-report accounting processes
  • Deep understanding of the business landscape, market trends, and industry dynamics
  • Excellent leadership skills, inspiring and motivating team members

Responsibilities

  • Oversee team responsible for R2R accruals activities
  • Lead team while supporting execution of R2R transactional accounting activities
  • Monitor and manage month-end, quarter-end, and year-end related activities
  • Calculate reserves for bad debt, inventory obsolescence, and compensation
  • Reclassify reserves for bad debt, inventory, and compensation
  • Revalue and translate transactions related to foreign currency
  • Ensure high quality and accuracy of work through regular review, checks, and approval
  • Monitor and manage internal customer satisfaction levels
  • Manage period audits, management level reporting, and disaster recovery related activities
  • Manage ad-hoc projects initiated by R2R leadership
  • Serve as an inspirational and engaging leader, motivating and engaging through clear articulation of R2R process-related priorities
  • Identify and manage training and upskilling of local team members
  • Articulate material risks and opportunities and take an active role in designing and executing response or contingency plans

Skills

Key technologies and capabilities for this role

Record-to-ReportR2R AccountingAccounting ProcessesFinance LeadershipTeam ManagementControllership

Questions & Answers

Common questions about this position

What is the work location and arrangement for this role?

The position is based in BMS’s Hyderabad Location with an expected 50% in-person requirement and minimal travel.

What experience is required for this Senior Manager role?

A minimum of 7-9 years of experience is required, including 3-5 years in accounting leadership roles.

What are the key responsibilities of this position?

The role involves overseeing R2R accruals activities, leading the team in transactional accounting, managing month-end close activities, calculating reserves, handling foreign currency transactions, and ensuring work quality through reviews.

What is the company culture like at Bristol Myers Squibb?

BMS offers a challenging, meaningful, and life-changing work environment with high-achieving teams, opportunities for growth, and a focus on work-life balance and flexibility.

What salary or compensation does this role offer?

This information is not specified in the job description.

Bristol-Myers Squibb

Develops and delivers biopharmaceutical medicines

About Bristol-Myers Squibb

Bristol Myers Squibb (BMS) develops and delivers medicines aimed at treating serious diseases, focusing on areas like cancer, autoimmune diseases, and heart conditions. The company conducts extensive research and development to create new drugs, which are sold after receiving regulatory approval. BMS also produces generic drugs, offering affordable alternatives that meet the same quality standards as their branded counterparts. What sets BMS apart from competitors is its dual focus on both innovative and generic medicines, enhancing access to healthcare. The company's goal is to improve patient outcomes while maintaining a commitment to sustainability and corporate responsibility.

New York City, New YorkHeadquarters
1887Year Founded
$33,706.1MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
10,001+Employees

Benefits

Flexible Work Hours
Hybrid Work Options
Professional Development Budget

Risks

Increased competition in oncology from emerging biotech firms like ArsenalBio.
BMS's lawsuit over the 340B Drug Pricing Program may lead to regulatory challenges.
Rapid AI and digital tech evolution may pose integration challenges for BMS.

Differentiation

BMS focuses on innovative cancer treatments through collaborations like ArsenalBio for T cell therapies.
The company emphasizes digital health technologies, enhancing clinical trial management and patient engagement.
BMS offers both innovative and generic medicines, increasing affordable healthcare solutions.

Upsides

BMS's partnership with Medidata enhances clinical research processes and patient outcomes.
The collaboration with AI Proteins advances novel miniprotein-based therapeutics, expanding therapeutic modalities.
BMS's global license agreement with BioArctic expands its portfolio in neurodegenerative diseases.

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