Company Description

About Eurofins

Eurofins Scientific is an international life sciences company, providing a unique range of analytical testing services to clients across multiple industries, to make life and the environment safer, healthier and more sustainable. From the food you eat to the medicines you rely on, Eurofins works with the biggest companies in the world to ensure the products they supply are safe, their ingredients are authentic and labelling is accurate. Eurofins is a global leader in food, environmental, pharmaceutical and cosmetic product testing and in agroscience CRO services. It is also one of the global independent market leaders in certain testing and laboratory services for genomics, discovery pharmacology, forensics, CDMO, advanced material sciences and in the support of clinical studies.

In over just 30 years, Eurofins has grown from one laboratory in Nantes, France to 58,000 staff across a network of over 1,000 independent companies in 54 countries, operating 900 laboratories. Performing over 450 million tests every year, Eurofins offers a portfolio of over 200,000 analytical methods to evaluate the safety, identity, composition, authenticity, origin, traceability and purity of biological substances and products, as well as providing innovative clinical diagnostic testing services, as one of the leading global emerging players in specialised clinical diagnostics testing.

Eurofins is one of the fastest growing listed European companies with a listing on the French stock exchange since 1997. In FY 2021, Eurofins achieved a record revenue of over EUR 6.7 billion.

Eurofins IT Solutions India Pvt Ltd (EITSI) is a fully owned subsidiary of Eurofins and functions as a Global Software Delivery Center exclusively catering to Eurofins Global IT business needs. The code shipped out of EITSI impacts the global network of Eurofins labs and services.

The primary focus at EITSI is to develop the next generation LIMS (Lab Information Management system), Customer portals, e-commerce solutions, ERP/CRM system, Mobile Apps & other B2B platforms for various Eurofins Laboratories and businesses. Young and dynamic, we have a rich culture and we offer fulfilling careers.

Job Description

Job Title: Associate Director or Director – Finance BPO

Work Location: Bangalore, India

Job Description

This is a Senior Finance Controller role (Associate Director or Director level) and the mission of this role is to successfully learn and transition the Finance and Accounting high-volume transactional processes from onsite (USA) to offshore (India). For the initial few months, the selected candidate must work as an Individual contributor and spend 2-3 months in US National Finance Service Centre (NSC) to learn the processes by doing the job (hands-on mindset) and gradually building the team for the practice. The envisioned team size at the end of transition is 50+ FTEs in India working exclusively for US BPO requirements.

The other details of this role is explained in following sections:

Organization and Management

• Well versed in transitioning high-volume F&A transactional business from US to India and must have proven experience in achieve successful outcome.
• Experienced in setting up Shared Services in a typical BPO offshore model in India with Cost, Quality and Utilization as primary metrics.
• Must have solid experience with traditional transactional accounting functions (AR, AP, GA).
• Must have built large teams (50+ FTEs or close to it) in a typical BPO offshore model handling high-volume transactions.
• Recruitment, development, and career planning of the staff under her or his responsibility
• Support the different Business Unit (BU) Managers in all aspects related to corporate governance and Eurofins policies
• Drive process improvements and automation, implement standard processes and systems, in close collaboration and alignment with the Group Finance function

Accounting and Controlling

• Manage monthly, quarterly and yearly closings and reporting
• Implement the Group’s procedures and enforce adherence
• Manage internal and external auditors
• Coordinate efforts with the Eurofins National Division Service Centers (NDSC)
• Manage budget reforecasting processes when required
• Perform analysis on revenues and expenses
• Implement adequate internal controls
• Monitor and report financial and operational performance and compliance terms to ensure that appropriate management systems are in place.
• Oversee banking and reconciliation activities with NSC. This will include revenue recognition, P&L closing processes and financial audits
• Plan, develop and implement complex financial and other administrative strategies to support organizational programs
• Work with team to assess operations costs and develop strategies with the executive leaders to improve operations

Contribution to the Global Finance Organization

• Support the implementation and monitor application of Group Finance Procedures
• Participate in Group Finance Projects
• Support the identification and implementation of Best Practices

Qualifications

Basic Minimum Qualifications (BMQ):

• Bachelors degree and a minimum of 7 years related management experience in finance and accounting. CA or MBA and/or CPA are strongly preferred
• Strong understanding of US GAAP, local GAAP, and IFRS
• Experience in financial management, strategic planning, budget analysis and development, and account management.
• Experience in automating high volume transactional activities using RPA is highly desired.
• Demonstrated proficiency with project management including analysis, planning and organizing and implementing of new programs
• Experience in F&PA is NOT essential for this role.