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Teva Pharmaceuticals Associate Director - Financial Risk Management in Tel Aviv, Israel

Associate Director - Financial Risk Management

Date: Jun 10, 2024

Location:

Tel Aviv, Israel, 1

Company: Teva Pharmaceuticals

Job Id: 56446

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

Teva's Global Treasury is looking for a Financial Risk Specialist to join Corporate Finance & Financial Risk Management team.

This role offers the opportunity to be part of dynamic, highly skilled team that manages key financial activities at Teva such as hedging financial risks (FX, interest rates, energy prices), overseeing debt and financing strategies, optimizing cash management, and maintaining relationships with banks and rating agencies.

As the Financial Risk lead, you will manage Teva's multi-billion FX risk, collaborating with Finance (Accounting, Tax, FP&A, Treasury) to analyze, model, and forecast FX risk, and recommend and execute hedging strategies. You will also work with IT to automate and optimize FX exposure reporting and develop new capabilities.

This is an opportunity to join a world-class treasury organization, showcasing your skills in analytics, project management, and strategic thinking. Influence Teva's financial results and gain visibility at the highest levels.

If you are a financier and risk manager with a passion for financing and treasury, you have a unique opportunity to join this chance to make a significant impact on our financial performance and advance your career with Teva

How you’ll spend your day

  • Identify, analyze and manage Teva's FX exposure and design and execute risk management strategies to hedge Teva's financial performance from market-risk volatility.

  • Collaborate with Accounting, Tax, FP&A, and Treasury to mitigate financial risks..

  • Automate risk management processes and implement FX exposure systems.

  • Develop financial models, processes, and policies for risk management.

  • Ensure hedging accuracy and compliance through daily interaction with FX trader and treasury centers.

  • Prepare periodic reports and presentations to management across all levels of seniority.

  • Educate and train related functions; participate in Corporate Finance & Financial Risk Management projects.

Your experience and qualifications

  • Academic degree in Economics, Accounting, Statistics, Finance, or a Quantitative field – a must.

  • Strong background in accounting / CPA – an advantage.

  • Advanced degree or MBA – an advantage.

  • 3+ years in finance within multinational corporations/financial institutions (including internships) – a must.

  • Experience in financial risk management – a significant advantage.

  • Advanced MS Excel skills (complex formulas, advanced functions) – must.

  • Proficiency in Treasury management systems - an advantage.

  • Experience with large databases and new system implementations – an advantage.

  • Advanced presentation skills – can deliver engaging presentations and simplify complex information for diverse audiences.

  • Experience in consulting – an advantage.

Reports To

Head of Corporate Finance and FRM

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 (https://performancemanager.successfactors.eu/sf/careers/jobsearch?bplte_company=1080030P)

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, sexual 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.

EOE including disability/veteran

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