Deputy Chief Financial Officer - Pharma Business

Position: Deputy Chief Financial Officer (CFO)
Location: Delhi
Experience: 20+ Years
Reporting to: CFO
Team Size: 70-90
Direct Reportee: 10-12
Travel Required: Yes
Purpose of the Job:
We are seeking a highly experienced and strategic Chief Financial Officer (CFO) to join our dynamic leadership team in a leading Contract Development and Manufacturing Organization (CDMO) in the pharmaceutical industry. The CFO will be responsible for overseeing all financial operations, providing strategic financial insights, and contributing to the overall growth and success of the company
/ Responsibilities
Identify areas of cost-efficiency

API business (ALL):
- Conduct diagnosis of input costs to explore potential procurement savings
- Identify areas of efficiencies including manpower, process efficiencies, logistics, scrap management, solvent recovery etc.
CDMO:
- Identifying areas of cost-improvement across plant and Delhi office and drawing a plan for improvement
- Improving costing of products, including overhead charges, testing charges etc.
- Analyze and optimize Spend efficiency in marketing companies
Process Efficiency and compliance
- Yield improvement in API and CDMO business
- NPPA compliance of marketing companies
- Monitoring statutory compliances for business operations across verticals
- Process efficiency initiatives across verticals to drive topline and/or bottom-line
- Ensure accurate and timely financial reporting in compliance with regulatory requirements and company policies.
- Oversee adherence to Listing Obligations and Disclosure Requirements (LODR) and other relevant compliance standards.
- Ensure GST and banking regulations are adhered to, and manage related audits
Working Capital:
- For following businesses, identify areas of efficiencies in working capital (debtors, payables and inventory)
- CDMO
- API
- Unosource
- Update current SOPs and processes to drive optimization of working capital, funding needs and cash-flow
Financial Planning & Analysis:
- Lead the development of annual budgets, financial forecasts, and long-term financial plans.
- Analyze financial data and performance metrics to support strategic decision-making.
Budgeting:

- Actively drive business budgeting across all verticals of the group, focusing on cost heads
- Track on monthly basis deviation from the budget and ascertain reasons for the same
- Conduct variance analysis to identify and address discrepancies between budgeted and actual financial performance.
- Lead the automation of accounting processes to improve accuracy and efficiency.
Digitization and Automation:
- Identify areas of automation and digitization to reduce costs, improve timelines and improve management decision making
- Finance support for Implementation of digital tools and softwares