Sr. Manager US Business Controls Function
At Bristol Myers Squibb, we are inspired by a single vision – transforming patients’ lives through science. In oncology, hematology, immunology and cardiovascular disease – and one of the most diverse and promising pipelines in the industry – each of our passionate colleagues contribute to innovations that drive meaningful change. We bring a human touch to every treatment we pioneer. Join us and make a difference.
JOB DESCRIPTION SUMMRY:
The Senior Manager, US BCF, represents the Business Controls Function (BCF) as a leader for Bristol-Myers Squibb's (BMS) commercial operations in the United States, helping support the Director, US BCF Lead, and liaises with the Local BCF in the Puerto Rico market.
The position reports directly to the Director, US BCF Lead, having responsibility for all Business Controls Function activities for US Commercial and US Hematology activities, and serves on other BCF global initiatives. The Manager provides essential guidance to commercial management and key business process owners in each Business Unit (BU) regarding internal controls, including Internal Controls over Financial Reporting (ICFR), compliance procedures and regulations, fraud risks, as well as corporate policies and directives. Key to the Manager’s success is the knowledge and experience in the business unit and commercial market operations, the ability to collaborate with key management and provide guidance on the appropriate resolution of issues, and the ability to gain the confidence and cooperation of their business partners to ensure appropriate input and dialogue on potential risks. Key responsibilities cover the areas of financial, fraud and certain operational risks.
MAJOR DUTIES AND RESPONSIBILITIES:
Sub-certification & SOX Activities
- Maintain strong understanding of the Company's Sarbanes-Oxley internal control standards and financial policies and procedures, including controls executed in the BU’s and at the Capability Centers markets.
- As Local BCF for US Commercial and US Hematology, work with business partners to proactively identify and assess emerging risk and control issues as well as developing, monitoring, and updating status of remediation plans.
- Actively evaluate out of period adjustments, control failures, Global Internal Audit & Assurance (GIA) Department observations, and SOX deficiency reporting.
- Involved in the evaluation of all commercial market SOX deficiencies, including collaborating with the Business Process Champions and Process Owners as needed, to evaluate nature, remediation, severity, and possible pervasiveness of SOX deficiencies.
- Prepare and submit change in control reporting for US Commercial and US Hematology. Identify and work with management and the local Puerto Rico BCF to implement steps to mitigate risk and evaluate control environment impact of changes as necessary. Maintains own point of view on potential control environment changes in the commercial markets under scope of responsibility through active engagement with stakeholders and discussion of risk.
- Update the Current Status of Audit Recommendation (CSOAR) for US Commercial and US Hematology and prepare and submit the (CSOAR) timely.
- Ensure thorough and prompt remediation of all SOX deficiencies and audit observations with robust documentation and descriptions of remedial activity. Document all closure activities for US Commercial and US Hematology.
- Obtain management rep letters for US Commercial and US Hematology and evaluate any exceptions.
- Prepare US Commercial and US Hematology quarterly sub-certification reports for review with BU business partners each quarter.
- Participate in and support US Commercial and US Hematology process redesign and/or system implementations, providing an internal controls perspective to the team and liaising with the Business Process Champion for the respective process cycle.
Anti-fraud, Bribery & Corruption Monitoring
- As local BCF for US Commercial and US Hematology, review all expenditures monitoring exceptions, in conjunction with the Associate Director, Risk Management, for indicia of fraud, bribery or corruption, inappropriate healthcare professional interactions, and industry code violation for potential escalation to BCF leadership and the Compliance & Ethics Department. Provide support to PR Local BCF as needed.
- Contribute to the on-going maintenance and update of data analytics scripts to ensure that local market risk is addressed.
- Respond to market inquiries regarding severity of issues identified and escalate to the Director, US Lead, and BCF's Director of International Risk Management when necessary.
Governance, Hiring & Training
- Provide framework and governance that may include work instructions, training, day-to-day responses to inquiries and support of local market BCF activities as other risks arise (e.g., operational issues).
- Respond to day-to-day inquiries from key stakeholders within the BCF and the operations.
- Maintain strong stakeholder engagement with local BCF, Puerto Rico and BU local Finance Directors and other members of commercial market management through 1:1’s to discuss issues of risk and remediation, and escalate issues to corporate BCF leadership as necessary.
Financial, Operational & Fraud Risk Assessment
- Prepare the US Commercial and US Hematology financial, operational and fraud risk assessments.
- Monitor higher risk areas identified in risk assessment and review if mitigation actions are in place and effective.
- Ensure respective Business Process Champions are consulted prior to recommending any changes to globally designed controls, processes or procedures (including locally executed controls that differ from globally designed controls/end-to-end process.)
- Assist in evaluation of potential changes in processes and procedures to ensure stability of control environment and avoidance of detrimental impact to the financial statements.
- Assist and support as necessary BU operations and Finance with internal and external audits.
BCF Finance Project Management
- Participate in and/or lead special projects and data analytics initiatives, including systems implementations from a financial control and compliance perspective and projects to improve and automate BCF governance and operations.
Third-party Risk Management
- Aid in setting third party risk management program agenda and risk assessment, establishing annual monitoring plan.
EDUCATION & EXPERIENCE
- Certified Public Accountant or equivalent strongly desired. Certified Internal Auditor and Certified Fraud Examiner designations also desirable.
- Knowledge of the Sarbanes-Oxley Act, Foreign Corrupt Practices Act (and similar local legislation), and local/regional industry codes governing interactions with healthcare professionals and organizations is required. Appreciation and ability to articulate key compliance risks facing global pharmaceutical manufacturers desirable.
- 5 - 7 years professional experience in accounting, audit, compliance, and/or similar functions.
- 2 - 3 years of experience in top Public Accounting firm Audit/Assurance function or Internal Audit function.
- Prior experience with commercial pharmaceutical activities and US pharmaceutical pricing including Gross-to-Net accounting desirable.
- Experience with operational audits, assessments, investigations, internal controls and/or Sarbanes-Oxley compliance.
- Prior experience developing and conducting comprehensive risk assessments, including financial and fraud considerations.
- Proficient in accounting provisions, accounting principles, audit and disclosure requirements of financial statements.
- Understanding of US GAAP and internal controls; In-depth knowledge of accounting principles and leading industry practices.
- Fluency in English. Other languages desirable.
FUNCTIONAL & TECHNICAL SKILLS
- Strong understanding of internal controls and continuous monitoring processes.
- Ability to work autonomously and successfully manage multiple projects and competing priorities. Ability to work with and lead a range of technically and culturally diverse people, including prior experience managing teams in a matrix organization.
- Ability to effectively communicate to a diverse audience at multiple levels within the company.
- Demonstrate strong process efficiency, continuous improvement, standardization, and automation skills, including data analytics.
- Strong written and verbal communication to facilitate relationships with peers and senior management.
- Customer service oriented with all individuals with whom the applicant interacts.
- Ability to display tact and diplomacy in difficult situations and possesses an appreciation of the importance of confidentiality of matters.
- Strong, proven leader and influencer, with executive presence and works well in an environment of complexity and uncertainty.
- Ability to execute a solution in a confident and successful manner.
- Work for an organization continually striving to develop transformational solutions for patients.
- Opportunity to gain and apply understanding of the key business risks facing pharmaceutical manufacturers and their commercial environments, including financial and fraud/compliance risks.
- Opportunity to be part of a professional and high performing team that is continually evolving and reacting to the key, top-of-mind risks facing senior management.
- Develop the ability to impact and influence within the Company to deliver superior business results and protect shareholders.
- Opportunity to liaise with operational leadership in other departments, including Commercial, Finance, Global Internal Audit & Assurance, Compliance & Ethics, Investigations, and Business Process Owners.
- Opportunity to contribute to the long-term strategy and growth of the department.
- Some limited travel may be required.
Around the world, we are passionate about making an impact on the lives of patients with serious diseases. Empowered to apply our individual talents and diverse perspectives in an inclusive culture, our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.
Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives.
Physical presence at the BMS worksite or physical presence in the field is an essential job function of this role which the Company deems critical to collaboration, innovation, productivity, employee well-being and engagement, and enhances the Company culture.
To protect the safety of our workforce, customers, patients and communities, the policy of the Company requires all employees and workers in the U.S. and Puerto Rico to be fully vaccinated against COVID-19, unless they have received an exception based on an approved request for a medical or religious reasonable accommodation. Therefore, all BMS applicants seeking a role located in the U.S. and Puerto Rico must confirm that they have already received or are willing to receive the full COVID-19 vaccination by their start date as a qualification of the role and condition of employment. This requirement is subject to state and local law restrictions and may not be applicable to employees working in certain jurisdictions such as Montana. This requirement is also subject to discussions with collective bargaining representatives in the U.S.
Our company is committed to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace adjustments and ongoing support in their roles. Applicants can request an approval of accommodation prior to accepting a job offer. If you require reasonable accommodation in completing this application or if you are applying to a role based in the U.S. or Puerto Rico and you believe that you are unable to receive a COVID-19 vaccine due to a medical condition or sincerely held religious belief, during or any part of the recruitment process, please direct your inquiries to firstname.lastname@example.org. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.
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