Job Description

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Senior Associate II
Category: Finance
Location:
Bangalore, Karnataka, IN
Department - Finance GBS, O2C
Are you an experienced finance professional with a strong background in Cash Apps and Accounts Receivables? Are you looking for a new challenge in a global organization? We are seeking a Senior Associate to join our Finance GBS team at Novo Nordisk. If you are detail-oriented, have excellent analytical skills, and thrive in a fast-paced environment, then this could be the perfect opportunity for you. Read on and apply today for a life-changing career.
About the Department
Finance GBS, established in 2007, is now a robust organization with over 600 full-time employees. We are responsible for supporting Sourcing Analytics, Procurement to Payment, Record to Report, Financial Planning & Analytics, Process and Digital Excellence, and Commercial Analytics for all Novo Nordisk affiliates/countries. Our primary mission is to consistently deliver exceptional service to our stakeholders and enhance the value of our processes.
The position
As a Senior Associate within Finance GBS, your primary objective is to achieve the goals for ps, focusing on tasks within Order2Cash. In this role, you will:
Review Account on a daily basis and perform necessary actions on follow-up with customer / Internal stakeholders. Perform reconciliation with Customer / Internal customers. Action O/S requests from customers within appropriate timelines on Cash allocations / Statement request etc. Use appropriate tools to identify and track Open items / Disputes and other relevant information. Be the single point of contact within the Affiliate / Customer on queries for Open AR items. Govern the customer master and ensure all updates are done on time.
Escalate on issue and concern not getting resolved, in a timely manner. Check on SOP's and training and ensure all gaps are highlighted. Complete all trainings and actions as per company policy and process requirements. Possess strong understanding of Accounts Receivables process and understanding of how we manage Duning and other processes.

• Ensure timely and accurate execution of all daily activities outlined in the SOP's including conducting Quality-assessments on activities done to ensure quality Service Delivery.
• Promptly report any issues or concerns regarding any process gaps / issues / controls and procedures to the teams / Manager and identify process fixes.
• Take proactive measures to address any findings from Auditors regarding audit / Risks & controls within the agreed-upon time frame.
• Provide support to other groups or teams within the designated area of responsibility. Contribute to Cash appsl data upskill initiatives to enhance overall competencies.
• Assist in supporting various projects and initiatives to drive organizational objectives and strategic goals.
• Work on Open items reduction and ensure that this is followed as a process and part of day-to-day service delivery.

Qualifications
To be successful in this role, you should have the following qualifications:

• Bachelor's degree in a relevant field.
• Fluency in written and spoken English.
• Over 6 years of experience in Cash Apps / AR receivables and other relevant areas in O2C.
• Reconciliation / Receivables Management / Credit Risk (good to Have).
• Skilled in performing data profiling and quality assessment of source systems.
• Ability to troubleshoot errors related to master data transitions efficiently.
• Participation in continuous improvement projects within shared services.
• Understanding of the impact of Collections processes on downstream and upstream and Follow processes / Metrics.
• Proficiency in Microsoft Office. Knowledge of SAP Finance module (FI) and low/no code applications is advantageous.

Working at Novo Nordisk
Novo Nordisk is a leading global healthcare company with a 100-year legacy of driving change to defeat serious chronic diseases. Building on our strong legacy within diabetes, we are growing massively and expanding our commitment, reaching millions around the world and impacting more than 40 million patient lives daily. All of this has made us one of the 20 most valuable companies in the world by market cap. Our success relies on the joint potential and collaboration of our more than 63,000 employees around the world. We recognize the importance of the unique skills and perspectives our people bring to the table, and we work continuously to bring out the best in them. Working at Novo Nordisk, we're working toward something bigger than ourselves, and it's a collective effort. Join us! Together, we go further. Together, we're life changing.
Contact
To submit your application, please upload your CV and motivational letter online (click on Apply and follow the instructions).
Deadline
28th February 2025.
Disclaimer
It has been brought to our attention that there have recently been instances of fraudulent job offers, purporting to be from Novo Nordisk and/or its affiliate companies. The individuals or organizations sending these false employment offers may pose as a Novo Nordisk recruiter or representative and request personal information, purchasing of equipment or funds to further the recruitment process or offer paid trainings. Be advised that Novo Nordisk does not extend unsolicited employment offers. Furthermore, Novo Nordisk does not charge prospective employees with fees or make requests for funding as a part of the recruitment process.
We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.
At Novo Nordisk we recognize that it is no longer good enough to aspire to be the best company in the world. We need to aspire to be the best company for the world and we know that this is only possible with talented employees with diverse perspectives, backgrounds and cultures. We are therefore committed to creating an inclusive culture that celebrates the diversity of our employees, the patients we serve and communities we operate in. Together, we're life changing.