Asset Management Specialist

Company: Novartis
Location: Prague, Czech Republic
Reference: 214475BR
Type: Full Time
Salary (CZK): Negotiable
Benefits: Excellent


Do you want to work for a Global Pharmaceutical company where you will get recognized for your hard work and commitment? Look no further, apply today. Asset Management Specialist, Novartis, Prague, Czech Republic.


The Asset Management Specialist manages investment and asset management activities within the NGSC, enabling the execution of quality services. This role supports having systems, documentation, compliance and reporting in place and supports continuous improvement projects to provide highly effective and efficient end-to-end processes to the Novartis divisions. This role also manages the processes of the Novartis Group entities, ensuring quality and effectiveness of the processes, securing company assets by applying tight controls in the financial transactions, while providing accurate financial information and timely reporting of balances.


• Provides services at expected levels with a clear customer focus and escalates exceptions
• Interacts proactively with all functional areas of the NGSC to ensure appropriate accounting and financial reporting
• Coordinates with local entity, NGSC and outsourced activities to provide a seamless service
• Proactively challenges the Status Quo and comes up with making fact based recommendations
• Supports continuous improvements and process changes towards efficient and effective processes
• Serves as a Subject Matter Expert (SME) for related policies and processes
• Supports the measurement and delivery of service levels and SLA/KPI targets
• Corresponds to internal and external inquiries Manage day-to-day activities for Asset Management
• Performs the period-end closing and reporting in accordance with laws and Novartis required standards
• Performs the balance sheet account reconciliations of allocated accounts and ensures timely resolution and clean of overdue items identified
• Ensures proper accounting of financial transactions and accounting specific questions are well addressed and solved
• Proactively reviews accounts to ensure all financial transactions are valid and recorded to ensure accuracy of reported data
• Updates and maintains fixed asset master data as required
• Ensures proper accounting for capital and expense projects
• Resolves fixed asset related issues and disputes, escalates as required or coordinates with various departments to resolve
• Works with Division Project Managers/ BPAs for timely completion of capital projects (eCAR)
• Coordinates the annual fixed assets physical inventory/ impairment analysis with the Divisions and constantly assesses and challenges major projects and investment documents
• Ensures accruals for ongoing investment projects are properly calculated and recorded to the general ledger in accordance with IFRS requirements in collaboration with Divisional Finance
• Provides monthly reporting of ongoing investments
• Manages communication for management, external audit and 3rd parties
• Performs ad hoc analysis, financial modelling, establish corresponding benchmarks/KPIs
• Manages and provides budget/ latest estimates based on different information sources (project timelines, submission programs, external design architect, internal Project Manager, external General Planner) incl. simulation of depreciation based on asset register
• No unsatisfactory audit rating and timely execution of action plans
• Number of business special processes standardized/deliver business benefits and productivity improvements as per target
• Customer satisfaction of service delivery and process specific KPIs in accordance with agreed SLAs
• Stable services incl. those of outsourced operations, no control issues
• Successful roll out of standard CORE systems and processes


The Novartis Global Service Center (NGSC) in Prague delivers a broad variety of services to the Novartis divisions worldwide. Prague is part of a globalized network of five NGSCs, which form a successful network of services minded associates partnering with the Novartis business around the world.

Are you interested in joining an international team delivering solutions for an ever increasing demand in the healthcare industry? You will have the opportunity to join projects with a global scope and meet colleagues from all over the world. English is our working language. We are looking for candidates combining professional expertise and excellent interpersonal skills to interact with our colleagues in different cultures, countries and time zones.

Our mission is to care and cure; We want to discover, develop and successfully market innovative products to prevent and cure diseases, to ease suffering and to enhance the quality of life. We also want to provide a shareholder return that reflects outstanding performance and to adequately reward those who invest their money, their time and their ideas in our company.


Competitive salary
Annual bonus
Strong work/life balance, flexible working hours
Pension/risk life insurance scheme
5 weeks paid holiday
Cafeteria employee benefit program
Public transportation allowance
Plus additional benefits

‘I came for the job, I stay for the culture’

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