Business Finance Controller

Department - Finance

Role - Business Finance Controller

Location - Ahmedabad Based Plant , Moraiya

Preference will be given to candidates who can join immediately

Role and Responsibilities:

Finance:

• Preparation of Parenteral Operations annual budget in close coordination with all functions
• Support for taking export benefits (DBK, MEIS, PLI etc.,)
• Support for half yearly, yearly and other management reviews.
• Review of Business Development proposals and help marketing in evaluation.
• Review of makes Vs Buy decisions.
• Updating marketing on product cost / gross contribution changes and helping in pricing and product mix decisions.
• Credit control Policy Framework and management.
• Review and monitoring of CAPAX, Project proposals, Payback etc
• Monitor budget and actual utilization of funds and issue FRN based on request from concerned functions
• Physically verification of inventory once in a year and entire fixed assets once in 3 years as per planned schedule

MIS:

• Monthly MIS preparation and detail review with actionable insights for budget v/s. actual
• Preparation of monthly Progress Review Meeting (MPRM) of BU head
• Automation and improvement of daily reports / dash boards
• Other activities which may be required from time to time

Controlling & Costing:

• Product costing run in SAP on quarterly basis
• Monthly expense provision & scrutiny for month end closing
• Tracking major changes in product process, batch size, plant etc.
• Controlling and review of product cost and analysis of budget v/s. actual cost variance for all sites
• Review Monthly RMC and manufacturing saving calculation
• Review monthly procurement saving with respect to budget rate
• Review of sale of Scrap and solvent and release of sales order.
• Review & release merchant sales order after validation of budget rates, term of payment, credit limit, overdue.
• Support to site in costing and system related issues.
• PR release activity & coordination with concerned function for errors, if any.
• Tracking Non-moving inventory & inventory w/off.
• Coordination with internal and statutory auditors to achieve desired tasks within agreed time frame

BUSINESS PROCESS REENGINEERING:

Driving process related changes to make system more automated.

Exception reporting if any

Qualifications and Education Requirements

Chartered Accountant / Cost Accountant

10 -12 years of experience in Manufacturing preferably pharmaceuticals industry

Preferred Skills

• Excellent communication skill
• Self-starter and go getter
• Inter and intra departmental coordination
• Challenge the status quo
• Exploratory skills
• Knowledge of SAP S4 HANA and MS Office