Financial Risk Assurance Manager Greece and Balkans Job

Date: Feb 16, 2019

Location: Athens, GR

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Requisition ID: FIN002264

Position Overview:



MSD is a global health care leader with a diversified portfolio of prescription medicines, vaccines and animal health products. The difference between potential and achievement lies in the spark that fuels innovation and inventiveness; this is the space where MSD has codified its 125-year legacy. MSD’s success is backed by ethical integrity, forward momentum, and an inspiring mission to achieve new milestones in global healthcare.


MSD’s Financial division helps plan and analyze the resources that allow us to continue advancing medical innovation around the world. This team of attentive, exacting individuals prepares and organizes financial assets in order to drive MSD’s momentum towards providing the world with an evolving, diversified portfolio of prescription medicines, vaccines, and animal health products that fuel global wellness.
The Financial Risk Assurance Steward is primarily responsible to maintain an effective internal control environment, in compliance with GAAP / IFRS, SOX controls and Corporate policies. Partner with the market to design, implement and review execution of existing controls in processes and Balance sheet, and other compliance requirements, Develop or updates local policies and procedures, including implementation and roll out training to the local organization.
This position with liaise with the Regional Risk Assurance Manager and Global Service Centers to ensure all controls are strictly enforced and to build across awareness on the importance of a strong internal control environment.  Reporting to the market / Regional Finance Lead he will support Financial priorities including, balance sheet control, working capital, risk assessments and self-testing.  Follow up and monitoring timely remediation of internal audit findings and recommendations for the markets.
The Financial Risk Assurance Steward will be responsible to provide support and oversight in the implementation of financial projects, work hand in hand with the market for the timely implementation and roll out of projects ensuring alignment with internal and external compliance requirements.

The position can be based  in Athens or  Ljubljana, Zagreb, Belgrade, Sofia, Bucharest  or Prague.
Primary responsibilities for this position include, but are not limited to the following:
  • Business Partnership acting as a liaison between the market, the Region and GSC, facilitating information, knowledge sharing and best practices among all parties involved
  • Supports and monitors a strong control environment on all financial accounting and reporting matters and serve as subject matter expert on controls
  • Provide controls and business process guidance to ensure seamless end to end process execution,
  • Coordination of audit reviews (Internal, external, SOX) in the market. Oversight and monitor the timely implementation of audit finding remediation plans and ensure continued audit readiness
  • Financial integrity and business assurance support for the country operations. Provides finance support for Pulse review
  • Develop and execute Risk Assessment and related self-testing process on SOX and BIA controls in coordination with BSC, and Control and Compliance group with focus on identified areas of risk. Follow up on open items and provide guidance for timely resolution
  • Performs 3rd party reviews to assess key financial controls and reviews 3rd party audit reports to support integrity of MSD Financial records
  • Maintain completed and updated local Archer documentation
  • Ensure strong control on Balance Sheet accounts, including reconciliation and timely updates on accruals, gross to net, IQV, etc.
  • Monitor Working capital improvement, payment terms, credit limits, inventory, in market inventories
  • Facilitates training in the market for financial and internal control related matters,
  • Lead the roll out of major Finance initiatives in the market.
  • Contribute to ongoing MSD efficiency and continuous improvement initiatives
  • Coordination and support on FCQ process and GOAs related matters
  • Ensure market compliance with company financial policies and procedures


  • Bachelor’s or Master’s Degree in Business Administration, Accounting or Finance

  • Minimum 5 years’ experience within finance or auditing related positions  

  • Project management experience. Ability to promote and drive change in the organization and lead teams to achieve established objectives.

  • Business Level fluency  in English



  • Professional experience at an organization with operations across multiple countries

  • CPA or MBA preferred

  • Understanding of healthcare and reimbursement systems



  • Possess a high degree of integrity and personal ethics

  • Team player with a focus on collaboration, communication and interpersonal skills

  • Demonstrated commitment to education and professional development 

  • Works effectively in a dynamic environment, and with a high degree of professionalism

  • Excellent communication skills. Engages in discussions with colleagues in other areas of the company, impacted by controls, compliance, financial risk assurance and project processes

  • Ability to operate independently and navigate through change or uncertainty

  • Problem solving and analytical skills with a proactive management style

  • Process improvement orientation, innovation and change agent

  • Results oriented, sense of urgency, knows how to prioritize, ability to communicate and to create rapport with stakeholders.

  • Bring a high level of energy and desire to contribute to the creation of a high performing Financial Risk Assurance Stewardship organization



  • Strong understanding of internal control and end to end process standardization

  • Working proficiency of US GAAP

  • Strong accounting and reporting skills

  • Strong ability to read, analyze, and interpret corporate financial statements

  • SAP

  • Advanced PC skills (MS Excel, Word, PowerPoint) required


Your role at MSD is integral to helping the world meet new breakthroughs that affect generations to come, and we’re counting on your skills and inventiveness to help make meaningful contributions to global medical advancement. At MSD, we’re inventing for life.



Search Firm Representatives Please Read Carefully: 

MSD is not accepting unsolicited assistance from search firms for this employment opportunity.  Please, no phone calls or emails.  All resumes submitted by search firms to any employee at MSD via email, the Internet or in any form and/or method without a valid written search agreement in place for this position will be deemed the sole property of MSD.  No fee will be paid in the event the candidate is hired by MSD as a result of the referral or through other means.


Job: Fin/Bus Cntrls & Audit Generic
Other Locations:
Employee Status: Regular
Number of Openings: 1
Shift (if applicable):
Hazardous Materials:
Company Trade Name: MSD

Job Segment: Risk Management, Financial, Medical, Accounting, ERP, Finance, Healthcare, Technology

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