Cash Management Specialist

Salary Range:

Kč580,230.00 - Kč1,077,570.00

Job Description Summary

#LI-Hybrid

Location: Prague, CZ

Relocation Support: This role is based in Prague, CZ. Novartis is unable to offer relocation support: please only apply if accessible.

Make your expertise in cash management count where it matters. As a Cash Management Specialist, you will help optimize cash positions and maintain effective liquidity across Novartis entities, while supporting accurate forecasting, bank accounting and reconciliation. Working closely with Treasury, the In-House Bank and local stakeholders, you will strengthen controls, improve processes and help drive greater automation and efficiency across cash management operations.

Job Description

Key Responsibilities

• •Optimize cash positions and liquidity through accurate short-term cash forecasting and daily monitoring.
• •Manage daily cash forecasting with country teams and key stakeholders, strengthening data collection and controls.
• •Oversee bank accounting, reconciliations, closing balances, overdraft facilities, fees and banking conditions.
• •Coordinate cash management structures and banking requirements with Group Treasury, In-House Bank and other stakeholders.
• •Maintain high-quality cash management master data and support bank account, banking system and approval workflows.
• •Strengthen compliance with Novartis financial controls, accounting standards and regulatory requirements.
• •Drive continuous improvement, automation and technology adoption across cash management processes and services.

Essential Requirements

• •Experience in cash management, treasury operations, bank accounting or financial operations.
• •Strong understanding of cash forecasting, liquidity management, bank reconciliation and financial controls.
• •Ability to analyze financial data and translate findings into practical recommendations and process improvements.
• •Experience coordinating effectively with finance, treasury, banking and other cross-functional stakeholders.
• •Strong attention to detail with a focus on accuracy, compliance, controls and timely delivery.
• •Ability to identify improvement opportunities and support automation, technology adoption and process simplification.

Benefits & Rewards

At Novartis, we’re committed to reimagining medicine together - and rewarding the people who make it happen.

Expected Annual Base Salary Range for role: 580,230 CZK to 1,077,570 CZK

The base salary offered is determined based on gender-neutral objectives, such as relevant skills, competencies and experience in accordance with the Novartis pay setting policy and upon joining Novartis will be reviewed periodically.

In addition to your base salary, you may be eligible for a performance-based bonus depending on certain performance parameters.

The rewards of being part of our team go far beyond base pay and incentives. We also offer a variety of competitive benefits in kind to help you thrive personally and professionally, such as insurance plans, retirement plans, wellbeing resources and global recognition programs. In addition, we provide flexible and hybrid working options, where possible, and minimum 14 weeks paid parental leave.

Read our brochure to learn more about our global total rewards offering:

https://www.novartis.com/sites/novartis_com/files/novartis-life-handbook.pdf

Note: Benefits and compensation may vary by country and are subject to local legal requirements, including provisions of collective bargaining agreements where applicable. A full overview of your compensation package, including any relevant collective bargaining agreement details applicable to your role based on your employment location and Novartis employer entity, will be communicated separately to you during the application process.

What you will receive

Monthly pension contribution matching your individual contribution up to 3% of your gross monthly base salary; Risk Life Insurance (full cost covered by Novartis); 5-week holiday per year; (1week above the Labour Law requirement); 4 paid sick days within one calendar year in case of absence due to sickness without a medical sickness report; Cafeteria employee benefit program –

choice of benefits from Benefit Plus Cafeteria in the amount of 17,500 CZK per year; Meal vouchers in amount of 105 CZK for each working day (full tax covered by company); Public Transportation Allowance; MultiSport Card, Employee Share Purchase Plan. Find out more about Novartis Business Services: https://www.novartis.cz/

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.

Accessibility and accommodation

Novartis is committed to working with and providing reasonable accommodation to all individuals. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the recruitment process, or in order to receive more detailed information about the essential functions of a position, please send an e-mail to di.cz@novartis.com and let us know the nature of your request and your contact information. Please include the job requisition number in your message.

Skills Desired

Building High Performance Team, Communication, Critical Thinking, Financial Accounting, Financial Management Reporting, Key Driver Analysis (KDA), People Development, Process Optimization, Resource Allocation, Stakeholder Influence