Job Description
Job description
Who We Are
Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.
The opportunity
This section is where we attract the attention of potential candidates and sell the role. How has the role come about? What makes it appealing? What are the key responsibilities? How is the role better with Teva than with another company? Wherever possible, we should bring through the essence of our EVP pillars, i.e., we care, we’re in it together, and we make work fulfilling.
How You’ll Spend Your Day
• End to end understanding of balane sheet recon process
• Develop and drive strategies aimed at eliminating all open items aged over 30 days
• Regularly review and reconcile customer accounts to ensure accuracy, completeness, and timely resolution of discrepancies. Oversee complex bank reconciliations, consistently meeting monthly KPIs, and closely monitor open items to minimize aged balances. Ensure all banking accounts and ledgers are cleared, tracking outstanding items and following up promptly to facilitate cleanup.
• Accurately apply incoming payments (ACH, wire transfers, checks) in SAP and ensure prompt clearance of unapplied cash items. Prepare and review journal entries related to cash, accruals, and general ledger accounts, supporting all month-end, quarter-end, and year-end close activities.
• Maintain compliance with US-GAAP, SOX, and internal accounting policies. Keep documentation, including SOPs, up to date with quarterly reviews. Demonstrate a strong understanding of the chart of accounts and general accounting principles.
• Lead automation and digital transformation initiatives to enhance efficiency in banking and reconciliation operations.
• Standardize and implement best practices across accounts receivable and reconciliation processes, continuously seeking opportunities for improvement.
• Manage and execute system implementations and process changes, including thorough testing and validation to ensure smooth integration.
• Prepare, clean, and analyze data to meet evolving business needs and support strategic decisions.
• Oversee complex, cross-functional, and international projects, demonstrating proactive collaboration and addressing challenges beyond core responsibilities.
• Collaborate effectively with internal teams including Treasury, Accounting, accounts payable and local controllers to resolve reconciliation and cash application issues.
• Act as a key contact point for local and global teams for AR and reconciliation-related queries.
• Communicate with outsourcing team, customers and internal teams to obtain remittance details and resolve payment discrepancies.
• Build and strengthen client relationships to achieve long-term partnerships.
• Support external and internal audit requests by providing account analyses and documentation.
• Provide Ad-hoc reporting and insights as requested by stakeholders.
Demonstrate strong change management acceptability, influence, and presentation skills.
Skills/Qualifications
Your experience and qualifications
• Bachelor’s degree in Accounting or Finance required; CA/ICWA/CPA (Inter) preferred.
• Minimum 10+ years of advanced accounting experience, ideally with team leadership responsibilities.
• Expertise in US-GAAP and SOX compliance.
• Strong SAP and Cadency knowledge is must.
• Familiarity with industry trends, technologies, and best practices.
Professional Experience
• Proven success in fast-paced, multinational matrix organizations..
• Excellent skills in listening, negotiation, and presenting.
• Fluent in English, both written and verbal.
Personal Attributes
• Proactive, hands-on approach with strong organizational abilities.
• Results-driven, with a customer service mindset for both internal and external clients.
• Effective delegator, able to track and manage team tasks.
• Collaborative, working seamlessly with both local and global colleagues to support the finance department’s objectives.
• Flexible and resilient in dynamic environments.
Enjoy a more rewarding choice
Make a difference with Teva Pharmaceuticals
Reports To
In process of validation
Already Working @TEVA?
If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site
The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.
Teva’s Equal Employment Opportunity Commitment
Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, ****** orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.
Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, ****** orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.
Who We Are
Together, we’re on a mission to make good health more affordable and accessible, to help millions around the world enjoy healthier lives. It’s a mission that bonds our people across nearly 60 countries and a rich, diverse variety of nationalities and backgrounds. Working here means working with the world’s leading manufacturer of generic medicines, and the proud producer of many of the products on the World Health Organization’s Essential Medicines List. Today, at least 200 million people around the world take one of our medicines every single day. An amazing number, but we’re always looking for new ways to continue making a difference, and new people to make a difference with.
The opportunity
This section is where we attract the attention of potential candidates and sell the role. How has the role come about? What makes it appealing? What are the key responsibilities? How is the role better with Teva than with another company? Wherever possible, we should bring through the essence of our EVP pillars, i.e., we care, we’re in it together, and we make work fulfilling.
How You’ll Spend Your Day
• End to end understanding of balane sheet recon process
• Develop and drive strategies aimed at eliminating all open items aged over 30 days
• Regularly review and reconcile customer accounts to ensure accuracy, completeness, and timely resolution of discrepancies. Oversee complex bank reconciliations, consistently meeting monthly KPIs, and closely monitor open items to minimize aged balances. Ensure all banking accounts and ledgers are cleared, tracking outstanding items and following up promptly to facilitate cleanup.
• Accurately apply incoming payments (ACH, wire transfers, checks) in SAP and ensure prompt clearance of unapplied cash items. Prepare and review journal entries related to cash, accruals, and general ledger accounts, supporting all month-end, quarter-end, and year-end close activities.
• Maintain compliance with US-GAAP, SOX, and internal accounting policies. Keep documentation, including SOPs, up to date with quarterly reviews. Demonstrate a strong understanding of the chart of accounts and general accounting principles.
• Lead automation and digital transformation initiatives to enhance efficiency in banking and reconciliation operations.
• Standardize and implement best practices across accounts receivable and reconciliation processes, continuously seeking opportunities for improvement.
• Manage and execute system implementations and process changes, including thorough testing and validation to ensure smooth integration.
• Prepare, clean, and analyze data to meet evolving business needs and support strategic decisions.
• Oversee complex, cross-functional, and international projects, demonstrating proactive collaboration and addressing challenges beyond core responsibilities.
• Collaborate effectively with internal teams including Treasury, Accounting, accounts payable and local controllers to resolve reconciliation and cash application issues.
• Act as a key contact point for local and global teams for AR and reconciliation-related queries.
• Communicate with outsourcing team, customers and internal teams to obtain remittance details and resolve payment discrepancies.
• Build and strengthen client relationships to achieve long-term partnerships.
• Support external and internal audit requests by providing account analyses and documentation.
• Provide Ad-hoc reporting and insights as requested by stakeholders.
Demonstrate strong change management acceptability, influence, and presentation skills.
Skills/Qualifications
Your experience and qualifications
• Bachelor’s degree in Accounting or Finance required; CA/ICWA/CPA (Inter) preferred.
• Minimum 10+ years of advanced accounting experience, ideally with team leadership responsibilities.
• Expertise in US-GAAP and SOX compliance.
• Strong SAP and Cadency knowledge is must.
• Familiarity with industry trends, technologies, and best practices.
Professional Experience
• Proven success in fast-paced, multinational matrix organizations..
• Excellent skills in listening, negotiation, and presenting.
• Fluent in English, both written and verbal.
Personal Attributes
• Proactive, hands-on approach with strong organizational abilities.
• Results-driven, with a customer service mindset for both internal and external clients.
• Effective delegator, able to track and manage team tasks.
• Collaborative, working seamlessly with both local and global colleagues to support the finance department’s objectives.
• Flexible and resilient in dynamic environments.
Enjoy a more rewarding choice
Make a difference with Teva Pharmaceuticals
Reports To
In process of validation
Already Working @TEVA?
If you are a current Teva employee, please apply using the internal career site available on "Employee Central". By doing so, your application will be treated with priority. You will also be able to see opportunities that are open exclusively to Teva employees. Use the following link to search and apply: Internal Career Site
The internal career site is available from your home network as well. If you have trouble accessing your EC account, please contact your local HR/IT partner.
Teva’s Equal Employment Opportunity Commitment
Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's global policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, ****** orientation, gender identity or expression, ancestry, veteran status, national or ethnic origin or any other legally recognized status entitled to protection under applicable laws. We are committed to a diverse and inclusive workplace for all. If you are contacted for a job opportunity, please advise us of any accommodations needed to support you throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only for the purpose of providing an accessible candidate experience.
Teva Pharmaceuticals is committed to equal opportunity in employment. It is Teva's policy that equal employment opportunity be provided without regard to age, race, creed, color, religion, sex, disability, pregnancy, medical condition, genetic information, marital status, ****** orientation, gender identity or expression, ancestry, national or ethnic origin, citizenship status, military status or status as a disabled or protected veteran, or any legally recognized status entitled to protection under applicable federal, state, or local laws.
💡 Quick Summary
Seeking a career-building opportunity? The Group Leader Accounting position is now open for candidates interested in the Accountant Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.