Finance Data Management & Strategy
Location
Secunderabad | India
Job description
About The Role
About the role: This role will help drive the development and execution of Global Finance ambition to turn data into a strategic asset across the organization by clearly defining and communicating the Data Strategy and Master Data Management by establishing a data management program for finance, embedding the DM concepts into the operational framework on a sustainable basis. This role is responsible for ensuring that Finance Data Management & Strategy is in alignment with Business priorities. This person acts to drive a partnership between Business, IT and Finance Data Domains to enable a clear translation of critical Business requirements to potential Master Data use cases.
Key responsibilities:
- Contribute to define and establish the Data Management Program (DMP), funding model & Strategy in alignment with Enterprise Strategy. Defines Finance MDM organization structure and the roles, responsibilities for its key members. In coordination with the head of Data Governance, defines MDM governance and operating model for the MDM organization.
- Define and communicate value story of Data Initiatives to all relevant stakeholders with varying level of understanding of Data. Defines MDM strategy that is in line with Novartis Data strategy and drives the adoption of the strategy across all the MDM business products.
- Defines enterprise MDM standards, policies and guidelines and aligns with data owners. Contribute to defining and socializing the mechanism to measure the Return on Data Investments and overall success of Data Strategy. Owns the data management funding model. Collaborate with Senior Business stakeholders to align Data Strategy to Business objectives. Partner with Data Domain owners to identify and prioritize the Data use cases. Collaborate with other Data Management workstream to ensure right investment of resources as per Data Strategy Execution plan.
- Responsible for educating, training, guidance and adoption of master data life cycle processes, frameworks, and controls. Defines a framework for assessing MDM capability. Work with all relevant stakeholders including Business and Data Domains to ensure alignment and adoption of Enterprise Master Data Management & Strategy.
- Build and Foster relationships with major stakeholders to ensure Management perspectives on Data Strategy and its alignment with Business objectives. Supports the MDM maturity roadmap implementation in alignment with the Finance data owner & team.Works with the Data Quality function to define MDM data quality (DQ) framework, DQ and operational KPIs. Drives the implementation of DQ and operational KPIs across all MDM business products.
- Brings MDM thought leadership to identify next-gen MDM use cases leveraging AI/ML. Identify and Manage stakeholders as per varying levels of Power, interest, influence etc. Continuously assess changing landscape and emerging trends within the industry and bring relevant perspectives into the Organization for further deliberation. Strive to bring External view and Strategic thinking to refine our approach to Data Strategy.
- Provide thought-leadership to contribute to enable the culture of Data-driven decision making. Identify Industry level best practices from Master Data and Strategy perspective and provide inputs to Global Finance team. Drive clear communication to deliver and socialize key messages from Data Strategy perspective. Provide advisory to Data Domains in creating Data domain strategies, aligning, and adopting the Enterprise Data Strategy and DM Strategy.
- Strive to embed Innovation in execution and promote design-thinking.
Commitment to Diversity & Inclusion: We are committed to building an outstanding, inclusive work environment and diverse teams representative of the patients and communities we serve. Role Requirements Essential Requirement:
- Graduate or Post-graduate in Computer Science, Data Science, or a related area. MBA in Data, Analytics, Systems, Strategy preferred
- 12+ years of relevant experience in Master Data Management (MDM) & Data Strategy, with at least 2 years in a Finance related function
- Demonstrated success in developing and implementing Master Data Management & Data Strategy
- In-depth experience of Data Strategy, Data governance and all Data management areas including data architecture, data modelling, master data management, meta-data management, data quality management including relevant tools
- Experience with MDM implementations in a large, multi-national environment
Desirable Requirements:
- Former experience in Healthcare/ Pharma sector
- Strong business process acumen, with focus on business processes enabled for MDM platforms
- Ability to initiate and build strong and trusted relationships with senior level business and technical partners
- Strong Stakeholder Management and Negotiation skills. Ability to look at the bigger picture. Self-driven and motivated Team player
- Effective communication and presentation skills with good story-telling abilities
- Excellent Leadership and Thought leadership. Strong on Empathy and inter-personal skills. Cross-industry experience highly preferred
- 4+ years of international experience collaborating with Global teams
Why Novartis: Our purpose is to reimagine medicine to improve and extend people's lives and our vision is to become the most valued and trusted medicines company in the world. How can we achieve this With our people. It is our associates that drive us each day to reach our ambitions. Be a part of this mission and join us! Learn more here:
You'll receive: You can find everything you need to know about our benefits and rewards in the Novartis Life Handbook.
Commitment to Diversity and Inclusion:
Novartis is committed to building an outstanding, inclusive work environment and diverse teams' representative of the patients and communities we serve.
Join our Novartis Network: If this role is not suitable to your experience or career goals but you wish to stay connected to hear more about Novartis and our career opportunities, join the Novartis Network here:
Division Finance
Business Unit Global Finance
Work Location Hyderabad, AP
Company/Legal Entity Nov Hltcr Shared Services Ind
Functional Area Audit & Finance
Job Type Full Time
Employment Type Regular
Shift Work No
Early Talent No
Job tags
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