Job Description
Finance
Department
Operations Finance
Sub Department 1
Manufacturing Finance
Job Purpose
The candidate will be responsible for timely and accurate preparation of financial statements, monthly book closure, tax compliance, statutory and internal audit coordination, and review of financial controls for Cipla Saudi and Indian subsidiaries. The role will support strong governance, compliance, reporting accuracy, and process automation across finance and controllership activities.
Key Accountabilities (1/5)
Financial Reporting and Book Closure
- Prepare Cipla Saudi financials and ensure timely monthly book closure.
- Manage financial reporting for Indian subsidiaries, including monthly reviews, quarterly P&L reviews, half-yearly financial reviews, and annual financial review with notes to accounts.
- Validate XBRL financial data and ensure accuracy of statutory reporting disclosures.
- Review Fixed Assets Register and ensure completeness, accuracy, and alignment with books of accounts.
- Perform impairment GL and FAR reconciliation, including identification of automation opportunities.
Tax ation and Regulatory Compliance
- Prepare advance tax calculations for subsidiaries and ensure timely tax compliance.
- Validate Effective Tax Rate and support tax provisioning activities.
- Coordinate tax audits and Income Tax Return filing requirements.
- Prepare CSR workings and DPT-3 workings as per regulatory requirements.
- Review omnibus approvals and maintain overview of related party transactions.
Audit, Controls and Governance
- Coordinate statutory audit and internal audit activities for subsidiaries.
- Support IFC verification by internal auditors, statutory auditors, and through self-assessment.
- Review financial controls and ensure effective control design and operating effectiveness.
- Review Delegation of Authority and recommend modifications wherever required.
- Prepare and support board meeting presentations for subsidiary matters.
SAP, Systems and Process Improvements
- Support SAP implementation and modifications for new and existing entities.
- Manage change request controls for SAP-related finance requirements.
- Identify and contribute to automation opportunities in reconciliation and reporting processes.
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Stakeholder Management and Cross-Functional Coordination
- Coordinate with corporate teams and subsidiary finance teams through controller forums.
- Work with internal auditors, statutory auditors, tax consultants, and business stakeholders to close reporting, audit, and compliance deliverables.
- Support cost allocation ratio finalization for common resources and cross-charge requirements.
Qualified Chartered Accountant / MBA.
Relevant Work Experience
Overall 7+ years of work experience required including 2-3 years of experience in manufacturing finance roles.
Skills Required
- Strong understanding of financial reporting, book closure, audit, taxation, and regulatory compliance.
- Knowledge of SAP finance processes, fixed asset accounting, reconciliations, and financial controls.
- Ability to coordinate with multiple stakeholders and drive timely closure of deliverables.
- Analytical mindset with focus on accuracy, governance, process improvement, and automation.
- Good communication and presentation skills for board and management-level reporting.
Skills
AccountingStatutory AuditAsset AccountingFinancial ControlsFinancial StatementsFixed Asset AccountingFixed AssetsGlReconciliationsProcess ImprovementSap ImplementationSap FinanceTransactionsAccountantChartered AccountantFinanceReconciliationIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
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
22 Nov 26, 12:18 PM IST
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