Job Description
Finance
Department
Commercial Finance
Sub Department
NA Finance
Job Purpose
Accountable for Operations finance, Accounting controller, Financials for Cipla US, Invagen, CTI.
Key Accountabilities (1/6)
- Accounts Controlling, Monthly closing & Cash Flow Management
- Financials controlling & financials preparation for Cipla US, Invagen, CTI
- Intercompany reconciliation and payment for Cipla US, Invagen, CTI
- Sharing capitalization data for Cipla US, Invagen, CTI
- Preparation of yearly and quarterly cash flow as per need of Corporate treasury team.
- Inventory Management
- Preparation of Monthly Inventory report for Cipla US, Invagen, CTI
- Monthly closing of inventory and ensuring valuation is done as per accounting polices (NRV, Stock Expiry etc)
- Monitoring Inventory ageing and highlighting the same to the business
- Working with busines team on short-dated inventory management
- Tax
- Preparation & management of annual / qtrly tax statements
- Monitoring & sharing working and disallowance to tax teams
- Responsible for compliance of IRS return for US group
- Controlling and reporting tax queries
- Transfer pricing
- Preparation true up, true down of TP
- Setting up TP valuation for inventory
- Controlling other segments for TP cross charge
- BDnL
- Supporting finance and business inputs in BDnL transactions
- Preparation of NPV, IRR
- Review of agreement for finance aspects
- Co-ordinating with business for transaction execution
Audits
- Managing audit stakeholders internal, IFC, statutory
- Handling audit queries and resolving same
- Ensure due compliance of DoA, hygiene of books of accounts
- Deal with multiple internal customers like Corporate finance India, Costing team, BU Finance, GSS team, SCM team and Manufacturing team.
- Deal with multiple stakeholder (USA Finance team, UPS team, BYD, Cipla IT, SCM, and Corporate Team) and meeting their requirement as per timeline.
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- Working in different time zones and working culture.
Internal
- Cipla IT team (including Vistex & BYD)
- SCM Team for SAP, inventory and cogs.
- Cipla US business team for BDnL related discussion.
- Manufacturing team for SAP, costing blocks recipe and BOM update.
External
- Sales returns (Broker and insurance company).
- UPS team for Inventory and returns process.
- Managing financial home office governance of Cipla (Approx yearly value $800mn)
- Inventory related expertise to manage inventory
- Analyzing CMO contracts, preparing business cases and sharing recommendation.
- Preparing costing for new products, CMO products and building SAP for new process.
- Controlling books of accounts, financial statement, tax & TP
- Analysing BDnL transactions for Cipla and US
Should be a qualified Cost Accountant / Chartered accountant / Certified Public accountant.
Relevant Work Experience
Candidate should have 10-17 years of overall work experience, including at least 9–10 years in the pharmaceutical industry. Alongwith working expert knowledge in Excel, SAP, Concur and banking systems.
Skills
SalesCash Flow ManagementCostingReportingValuationChartered AccountantIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Cipla, a global pharmaceutical company, pioneers accessible healthcare solutions, emphasizing affordability and quality. With a rich history of innovation spanning decades, Cipla is committed to addressing global health challenges through research, development, and manufacturing of pharmaceuticals and medical devices. Cipla Careers offer diverse opportunities for individuals passionate about making a difference in healthcare. Whether in research, production, marketing, or distribution, joining Cipla means contributing to a mission-driven organization that prioritizes patient well-being. With a culture of integrity, collaboration, and excellence, Cipla fosters an environment where employees can thrive and grow professionally. Explore Cipla Careers for a rewarding journey in the pharmaceutical industry.
Important dates & deadlines?
Application Deadline
13 Jul 26, 03:51 PM IST
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