STAR Method review business processes end to end Procure to Pay P2P Order to Cash O2C

STAR Method review business processes end to end Procure to Pay P2P Order to Cash O2C

Paper Instructions

Financial Controller role requires:

Financial Controls & Compliance

  • Ensure compliance with the Internal Controls over Financial Reporting, Novartis Financial Controls Manual (NFCM) and SOX 404 requirements
  • Execute end to end process walkthroughs and gain deep understanding during the reviews to ensure proper control design and segregation of duties
  • Support in-country FCC/FSC to identify root causes of control deficiencies
  • Recommend remediation actions and track for timely closure, support these activities as appropriate
  • Consult with the respective functions, when required, to deliver integrated and aligned across respective functions solution / advice to the management
  • Provide/initiate training on compliance requirements to controls owners.

Business processes

  • Understand business processes; review process documentation and have a good understanding of key risks and mitigating controls.
  • Review implementation of standard processes as defined in the Finance Core.
  • Review extent of harmonization of processes and controls.
  • Identify root causes of problems and recommend controls or business process improvements.
  • Reporting packages and accounts reconciliations review
  • Ensure compliance with IFRS and Novartis Accounting Manual (NAM) through execution of reviews of the reporting packages of the units to ensure that they are free from material misstatements. Improve and ensure the quality of account reconciliations via reviews.

Internal & External Audits

  • Support for internal and external audits, if required
  • Support for remediation of agreed actions.

People Management

  • Live the Novartis Values and Behaviour (Innovation, Quality, Collaboration, Performance, Courage and Integrity).
  • Role model a leadership style which is inclusive, proactive, result-oriented and customer-focused attitude, while driving continuous improvement and change.
  • Identify and manage guest reviewers to deliver a high-quality reviews, drive a high degree of collaboration across the organization.
  • Liaison/coordination with stakeholders including in-country FC&C team, CFOs, IA, ext. Audit and Corporate Financial Compliance (CFC).


  • Drive cooperation and alignment with in-country team.
  • Ensure to be up-to-date on periodical changes on compliance requirements.
  • Lead and coordinate ad hoc projects or tasks of FCC RAM Global team.
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