1+ months

China Finance Operations Lead

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Pfizer's Global Financial Solutions (GFS) shared services organization delivers best-in-class accounting, finance and compliance operations globally for the Pfizer enterprise. The GFS organization is a high performing team comprised of more than 1600 colleagues located in 11 centers around the world, in addition to an outsourced workforce of 350 people. The industry-leading GFS value proposition is to centralize, standardize and optimize complex processes and in delivering a quality service at a reasonable cost with a compliance mindset. The scope of services provided by the GFS organization include Record to Report processes: US Accounting, Corporate Accounting, Statutory Reporting, Financial Reporting, the Intercompany Center of Excellence (CoE), Financial Master Data Governance, Risk Management / Compliance, Capital CoE, Inventory CoE and Balance Sheet CoE; Transaction Processing in Invoice to Pay, Indirect Tax, Order to Cash, Credit Risk and Gross to Net, Manufacturing Finance support; Operational Transfer Pricing CoE; GFS Treasury Operations CoE, and MAPP Administration CoE.

The **China Finance Operations Lead** is accountable for ensuring local Country Management strategies and planning are in alignment with statutory, legal, regulatory and jurisdictional guidance. The role, together with Business Finance, provides Finance Leadership in market to ensure Pfizer continued operations. The China Finance Operations Lead manages financial matters with respect to the Legal Entities in market and either is part of the local market LE board of directors or prepares recommendations for the local market board of directors.

The role acts as the primary "in market" liaison and single point of escalation for any statutory, controllership or transactional finance issues between the Country Manager, Business Finance and the GFS organization, and advises Country Management and Business Finance with respect to the appropriate financial treatment of business plans.

This role requires extensive collaboration with Business Finance and Country Management as well as GFS Statutory CoE and the Regional and Global GFS sites and COE leaderships to ensure the integrity of Pfizer market financial data.


+ Accountable for ensuring the market's financial operations is aligned with statutory, legal, regulatory and jurisdictional guidance.

+ Advises country management on the proper statutory financial treatment for market specific strategies and plans

+ Where applicable, prepares and delivers Board Meeting, equivalent, presentation in conjunction with the Statutory COE. If required, may be the finance member of the local entity Board of Directors

+ Where there is a legal requirement that financial statements or tax documentation must be signed "in market" the role will be accountable to sign off market financial statements (as official financial representative for Pfizer)

+ Responsible for all legal entity company secretarial requirements for their market

+ Lead support for Step Plan /LE set up - acting as Country Coordinator liaising between Finance, Tax, Legal, Commercial etc. and as Country Contact for the Global ORC.

+ Provide local market financial accounting guidance and partner with Business Finance in financial due diligence efforts for M&A and Divestiture initiatives.

+ Supports dividend strategy with Pfizer Treasury

+ Actively participates in periodic profit reviews with the OTP COE ensuring that profit adjustments account for any local GAAP/US GAAP differences.

+ Provides local market intelligence and knowledge to support transfer pricing in market in conjunction with the OTP COE.

+ Serves as finance market contact between Statutory COE and KPMG (external auditors) for market audits

+ Maintains liaison with market Business Finance and Global and Regional Finance Teams, as well as Global and Regional Tax, Treasury and Controllers regarding all significant financial issues. Is the single point of escalation between Country Manager, Business Finance and rest of GFS organization.

+ Approve financial terms, conditions and contracting for commercial arrangements.

+ Provides support to Credit Risk COE and regional OTC for decisions on credit limits, credit releases, credit hold and ADA etc.

+ Is the local point of contact between Global Tax, tax authorities and local finance, for any tax audits

+ Prepare local statutory GAAP technical accounting guidance papers and provide technical advice as it relates to local statutory accounting


+ University degree in Accounting, Finance or Economics or Professional accounting designation, such as CPA, Chartered Accountant (as per market norms).

+ 10-15 years of experience in finance, accounting or business, with significant experience in controllership and tax

+ Demonstrated ability to build cross-functional business relationships with senior leaders and finance team peers across borders and virtually

+ Proven track record in developing external relationships with local financial regulatory authorities and thought leadership in the local finance community

+ Visible demonstration of and performance record in exemplifying the Pfizer Values and Behaviors

+ Outstanding communication, collaboration and influence skills; ability to influence at all levels, be persuasive, a good listener and assimilator of diverse ideas and perspectives

Pfizer is an equal opportunity employer and complies with all applicable equal employment opportunity legislation in each jurisdiction in which it operates.

Finance & Accounting
Posted: 2020-08-20 Expires: 2020-11-21
Sponsored by:
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