Pfizer Fixed Asset Statutory Accountant in Escazu, Costa Rica

Current Statutory processes involve a number of different teams across Pfizer, with differing

roles and accounting responsibilities by region. In particular, the group is responsible for end to

end Local GAAP reporting activities, as well as a number of US GAAP related activities.

The SAR CoE Statutory Accountant will assist with coordinating the statutory audits within

their assigned countries and ensuring the timely and accurate preparation of audit deliverables.

The Accountant will maintain Local GAAP ledgers ensuring information is updated in a timely

and accurate manner.

The Accountant will act as a point of contact for all statutory reporting related technical queries

for their assigned markets from within the statutory reporting group as well as from other

stakeholders.

The Senior Statutory Accountant is expected to oversee and manage specific R2R activities.

Some activities may include:

• Prepare statutory balance based on financial accounting adjusting to current tax regulations.

• Engage with key stakeholders to execute the required knowledge share and ensure thorough

documentation of the local GAAP prior to migration

• Effectively coordinate and drive knowledge sharing through a mix of remote interaction and

site visits according to business needs

• Manage the quality and development of the financial accounts and processes. Identify

opportunities for continuous process improvement and innovate solutions so that the

team can operate in an efficient and effective manner.

• Prepare Financial Statements (&; disclosures) in line with Local GAAP conventions

• Oversee the implementation of complex projects/issues which require experience

and significant technical accounting abilities.

• Act as point of contact for Audit (internal and external) within assigned countries. Ensure

audit deliverables are provided timely and to a high standard. Support Audit and Pre-Audit

execution activities.

• Act as a point of contact for all statutory related technical queries for their assigned markets.

• Maintain Statutory Books and Records

• Compare the balances between USGAAP, IFRS to validate if the differences are correctly

supported. Account mapping between USGAAP and IFRS.

• Knowledge of different treatment in USGAAP and local fiscal purposes

• Prepare majority of local GAAP account reconciliations

Perform local statutory analytical reviews (as applicable)

• Local regulatory reporting

• Participate in and coordinate projects that require creativity and analytical skills

• Contribute to team effort and assist colleagues as needed to balance workloads

• Other ad hoc responsibilities may be assigned including, but not limited to, involvement

in local statutory reporting, oversight of transitional service agreements, and reporting of

entities outside the ERP system.

University Degree in Accounting, Finance, or Business required

• Qualified Accountant required

Qualifications, Skills &; Experience:

• Minimum of 5 years of related accounting experience

• Advanced English Level

• Microsoft Office Advanced Proficiency (is required to use advanced techniques for analyzing

and manipulating data in Excel).

• Experience in a shared services environment is preferable

• Strong technical accounting knowledge (US GAAP, IFRS, Local GAAP) with experience in

financial statement preparation

• Strong analytical financial skills

• Practical experience of US GAAP and Statutory Accounting including familiarity with

Sarbanes Oxley.

• Ability to analytically review and challenge financial data to ensure completeness, accuracy

and adherence to policy.

• Ability to work independently, to work under pressure and to handle several projects at once

• High level of self-motivation, energy and flexibility

• High customer and service delivery focus

• Oracle/SAP and HFM/FDM experience essentialThe Statutory Reporting COE comprises a number of different teams across Pfizer, with differing roles and accounting responsibilities by region. In particular, the group is responsible for end to end Local GAAP reporting activities, as well as a number of US GAAP related activities.

The Fixed Assets Statutory Accountant is responsible for supporting Fixed Assets reporting in local statutory accounts for certain Pfizer LATAM market(s).

The main focus of the Fixed Assets Statutory Accountant will be on-time and accurate statutory reporting of all Fixed Assets for LATAM markets. In addition to the accurate Statutory reporting of Fixed Assets, the accountant will play an active role in supporting other statutory activities as required which may involve the statutory treatment of complex asset management associated with acquisition & divesture activities.

The following are the main requirements of the role:

  • Support the Fixed Asset processes for the LATAM markets that have recently transitioned to the Statutory Reporting COE in Costa Rica and provide necessary guidance where required. Identify continuous improvement opportunities in this regard

  • Support various ongoing Fixed Asset projects as deemed necessary

  • Preparation of market specific local reporting requirements relating to Fixed Assets. Including maintain of Statutory Books and Records

  • Preparation and reconciliation of Financial Statements in local GAAP for Fixed Assets (notes and disclosures)

  • Perform Statutory Fixed Assets audit activities, ensuring deliverables are met in a timely and accurate manner.

  • Perform required internal controls in a timely manner and to a high standard of quality

  • Update controls documentation and work instructions as required

  • Handle issues and information requests from all stakeholders including Corporate HQ, GFS teams, local Markets and auditors

  • Support other team members activities where required to ensure team level deliverables met

  • Compare the balances between USGAAP, IFRS/Local GAAP to validate if the differences are correctly supported. Account mapping between USGAAP and IFRS.

  • Maintain knowledge of and keep informed on different treatment in USGAAP and local fiscal purposes

  • Prepare local GAAP account reconciliations for fixed assets and other areas as required

  • Perform local statutory analytical reviews (as applicable)

  • Help drive efficiencies in GFS processes by identifying opportunities for standardization and best practice

  • Develop effective working relationships with key stakeholders in GFS and markets

  • Contribute to team effort and assist colleagues as needed to balance workloads

  • Other ad hoc responsibilities may be assigned including, but not limited to, involvement in local statutory reporting, oversight of transitional service agreements, and reporting of entities outside the ERP system.

Education, Skills and Experience Required

  • University Degree in Business, Finance, or Accounting required

  • Qualified or Part-Qualified Accountant required

  • Knowledge of Local GAAP Fixed Assets Accounting an advantage

  • Strong accounting, interpersonal, analytical thinking, and organizational skills

  • Highly customer and service minded

  • Experience in a multinational (Shared Services) environment desirable

  • SAP and Oracle experience desirable

  • Intermediate verbal and written communication skills in English

  • Strong proficiency in PC skills (Word, Excel, PowerPoint)

Pfizer is an equal opportunity employer and complies with all applicable equal employment opportunity legislation in each jurisdiction in which it operates.