Associate Director, FP&A Mgmt. Reporting GPO [T500-**]

BMS Hyderabad is an integrated global hub where our work is focused on helping patients prevail over serious diseases by building sustainable and innovative solutions. This important science, technology, and innovation center will support a range of technology and drug development activities that will help us usher in the next wave of innovation.

Job Title: Associate Director, FP&A Mgmt. Reporting GPO

Department Title: Finance

At Bristol Myers Squibb, we’re creating innovative medicines for patients who are fighting serious diseases. We’re also nurturing our own team with inspiring work and challenging career options. No matter our role, each of us makes a contribution. And that makes all the difference.

The Associate Director, FP&A Mgmt. Reporting GPO is responsible for the governance and development of the management reporting process across BMS. The Associate Director, FP&A Mgmt. Reporting GPO is accountable for ensuring that the process is compliant with corporate policies and standards. The Associate Director, FP&A Mgmt. Reporting GPO is responsible for working with Key Stakeholders including but not limited to the Senior Director, FP&A Hub Lead, Director, FP&A Global Process Ownership, Hyderabad service delivery leads, and in-market Finance business partners to understand the needs and desired outcomes. The Associate Director, FP&A Mgmt. Reporting GPO should work with an external focus looking for new innovations and best practices which can be applied to the reporting process to ensure continuous evolution to support business needs. Additionally, the Associate Director, FP&A Mgmt. Reporting GPO must collaborate with process stakeholders, and peer process owners to ensure effective and efficient process operations, and identification and leverage of cross-process synergies.

The successful candidate for this role will be someone who can bring best practices to the role and who is skilled at analyzing, innovating and continually improving processes. Key accountabilities will include:

• Knowledge of financial planning, forecasting, and budgeting processes
• Driving innovation and data-based improvement of key processes
• Creating an excellent internal and external customer experience
• Nurturing a culture of collaboration and high performance
• Accurately and candidly assess the performance of the areas they cover / impact
• Working closely with business and process leaders / owners to develop and communicate strategies, define improvement initiatives and analyze their needs and successes, and collect feedback / analytics to drive continuous improvement
• Creating a culture of financial discipline and operational excellence
• A minimum of 10 years of experience is required, preferably in a process excellence or capability improvement capacity. The position will be based in the BMS’s Hyderabad Location (expected 50% in-person) with up to 10% travel expected.

Key Responsibilities and Major Duties:

Process standardization and improvement

• Owns FP&A management reporting forecasting process globally for BMS
• Establish and communicate a clear vision for the revenue forecasting process
• Lead the development and execution of a global strategy for policies, processes, and technologies
• Define and establishing consistent end to end process, KPIs and targets and intervene accordingly to drive results improvement
• Collaborate with data owners / stewards to align on process and data issues
• Identify and prioritize revenue forecasting improvement projects with a focus on delivering key business outcomes
• Develops the business case for process improvement decisions, and tracks actuals against the plan to validate execution and improve future plans
• Establish & participate in process governance
• Identify, design and incorporate industry leading practices into standard operations within the Hyderabad Hub necessary to identify, and raise / resolve issues involving tradeoffs, especially around cost, quality, and customer service
• Establish a culture of continuous improvement at all levels of the organization and foster a business-oriented culture; continuously monitor the needs of the business
• Solicit feedback from internal customers, both operationally and regionally to determine best response to continually improve process performance and year-over-year cost reductions
• Ensure and continually validate operating procedures are established and documented to support execution, and are maintained to align with process changes
• Ensure management reporting forecasting services are provided to the markets at competitive costs and leading service levels
• Ensure integration across FP&A business processes (Revenue / COGS / OPEX forecasting and management reporting) for all solutions developed
• Review and approve / reject all requests for local accommodations to the global process in order to maintain the integrity of the global process while also meeting local requirements

Relationship management and teaming

• Collaborate with Corporate FP&A to ensure adherence to corporate policies and procedures, and adjust processes to reflect changes required
• Communicate effectively as a spokesperson / leader for the Management Reporting GPO team
• Build and maintain relationships at all levels throughout the organization, specifically with Hyderabad Hub and global Finance leadership
• Participate in process councils and steering groups to identify high-impact and cross-BU improvement initiatives
• Collect and educate others on best / leading practices
• Build an external network to ensure regular exposure to new and best practices, technologies, and process governance standards
• Assist in recruiting, hiring, and retaining of strong local team members
• Identify and manage training and upskilling of local team members

Risk management

Anticipate needs, assess and manage business risk taking; escalate issues that may impact management reporting process globally; manage through times of crisis and ambiguity

Supervisory Responsibility (List job titles of positions that report directly or indirectly to this position and indicate nature of relationship):

Direct reports:

< 7 Directs

Key Stakeholders/Contacts – describe this position’s key internal matrix relationships and key external stakeholders/clients

Key internal stakeholders:

• Director, FP&A Global Process Ownership
• Senior Director, FP&A Hub Lead
• Other FP&A GPOs
• Senior leaders from various key Finance organizations
• Corporate and in-market Finance team members
• Teams based in other Finance global center locations
• List of minimum requirements
• Degree/Certification/Licensure
• Bachelor’s Degree in Business, Finance, Engineering or a related field required; Masters Degree preferred
• Green or black belt in Lean Six Sigma or equivalent preferred
• Experience – Responsibility and minimum number of years
• Minimum of 10 years of experience
• Strong knowledge of management reporting processes, including implementation and process improvement experience
• Global process ownership experience for management reporting preferred
• Experience in leading transformational program or enterprise-wide change initiatives, and tying those initiatives directly to the overall strategy of the organization
• Proficiency in analyzing process performance and systems capabilities to define and oversee process improvement projects through design and oversight to execution and delivery of expected business results
• Experience working for a multinational organization and working with colleagues internationally, especially in a highly collaborative manner and culture
• Experience with global teams and/or centers of excellence
• Proficiency in English language
• Ability and willingness to travel internationally as needed
• Preferred competencies – knowledge, skills, abilities, other
• Proven leader with ability to influence the highest levels of the organization
• Skilled in building strong external and internal strategic relationships and coalitions
• Highly competent in influencing without authority through knowledge, skills, and relationships
• Skilled in managing a portfolio of business issues that cross short- and long-term strategic objectives
• Strong communication skills / able to persuade / influence others at all organization levels
• Software that must be used independently and without assistance
• Familiarity with SAP, SAP BI, and Hyperion related software applications

BMS Behaviors Required

PASSION

URGENCY

INNOVATION

ACCOUNTABILITY

INTEGRITY

INCLUSION

Working Condition