Legal Entity Finance Manager

TASKS AND RESPONSIBILITIES

Operational Activities:

• The Legal Entity Finance Manager is a key support role that bridges the business and the Accounting and its GFI stakeholders for all aspects related to US LEFIM, especially as they relate to intercompany transactions.
• Support oversight and support of relevant accounting topics around intercompany reimbursements and certain cost allocations in compliance with local and international tax guidelines.
• Ensure accurate accounting of intercompany reimbursements, including management of monthly Service Accounting, Requisitioning, and Invoicing workflows.
• Responsible of the ‘Procure-to-Pay’ management of intercompany transactions. This includes both creation of Purchase requisitions and managing expenses against commitments.
• Supports providing guidance and analytics for decisions around business models / legal entity structures, especially as they relate to intercompany transactions.
• This role drives transparency in tracking profitability trends across the entire value chain for US-related business models & quality assurance assessments, while facilitating the strategic implementation of actions by relevant stakeholders to capitalize on opportunities and navigate risks, in accordance with the global transfer pricing framework.
• Manage various aspects of the transfer pricing life cycle, including, but not limited to, workflow initiation, processing and monitoring activities for the alignment of new transfer prices, Margin Adjustment process, documentation and intercompany contracts.

Planning & Forecasting:

• Key US finance member of team responsible for short- and long-term forecasts of certain legal entities, US Country Consolidated group and certain portfolio segments, as well as explaining trends in the financial performance, in support of required transfer pricing processes, tax compliance, tax forecast, valuations, impairment analyses, and cash flow planning. All this with special focus on Intercompany Transactions.
• Key US finance member supporting global automation and optimization initiatives for all LEFIM systems, processes, responsibilities and organizational design. All this with special focus on Intercompany Transactions.

Reporting & Analytics:

• Ensure compliant and timely data delivery to relevant systems.
• Support preparation for tax audits as well as ICS processes as required.
• Fulfill country- or subgroup specific reporting requirements.
• Misc. monthly/quarterly closing support activities.

Continuous Improvement:

• Supports several process optimizations, automation and further implementation of standard tools and reports as they relate to intercompany transactions.
• Key member of an extended LEFIM team that drives proactive ideation related to potential process and system enhancements.

WHO YOU ARE

• Bachelor’s degree in finance/accounting related discipline required.
• At least 8 years of experience in Finance/Accounting or comparable functions.
• Advanced English level is required.
• Ability to work successfully in a cross-functional, cross-divisional and global environment.
• Ability to work successfully with people from a variety of different cultures and backgrounds.
• Ability to work successfully with multiple information systems and technical requirements.
• “Business Partnering” focus.
• Continuous improvement (CI) mindset.
• “Customer” focus.
• Drives Results.
• Excellent analytical- and problem-solving skills.
• High affinity to usage of system and process landscapes.
• Manages Complexity.
• Process-management skills & Project Management experience is a plus.
• Sound understanding of global controlling standards and methodologies.
• Strong presentation and communication skills, comfort around senior management.
• Understanding of Managerial Steering Models.

At Bayer we believe in diversity, equity and inclusion. We aim to create an environment in which everybody can feel authentic, respected and equally valued. Every day we strive to reflect our values through our unique capabilities, self-experiences, and aspirations. We intentionally seek diversity, to enable our people to bring their fullest potential out and encourage others to likewise do so. Our company wins when we leverage our capabilities to lead the cultural transformation in our business, positively impacting society.

Candidates who meet the requirements based on the job profile will be considered for employment regardless of physical disability, race, color, religion, sex, age, sexual orientation, gender identity and will not be at a disadvantage if unemployed.