Business Partnering Controlling Planning

Purpose: We are seeking a highly skilled Chartered Accountant to join our finance team. The successful candidate will play a crucial role in managing and analyzing financial budgets and ledgers ensuring accurate financial reporting and compliance. This position requires a deep understanding of budget management and ledger reconciliation. The candidate should bring in continuous improvement in control environment review and monitoring of Opex and R&D expense and deep dive analysis for cost savings/efficiency improvement. Candidate should collaborate and enable/support cross functional teams. This position requires a deep understanding of budget management ledger reconciliation and CAPEX management.

Roles & Responsibilities

The incumbent will be responsible for the following activities

1. Management Information System (MIS)

Develop and maintain MIS to support financial planning and decisionmaking

Perform monthly BPC run for MIS poduct profitability etc

Generate and analyze MIS reports to provide actionable insights for management

Ensure data integrity and accuracy in all MIS reports

2. Budget Management and LE

Facilitate in preparation of annual budgets for Sales Opex and Capex

Develop implement and monitor budgets for various departments and projects

Conduct budget variance analysis and provide insights on discrepancies

Ensure expenditures are within the approved budget limits and recommend corrective actions when necessary

Capture the Latest Estimates on a monthly basis on current visibility of business environment

Updation of Budget and LE on BPC tool

3. R&D expense monitoring

Tracking and monitoring of clinical trial expenses study wise against agreed milestones and deliverables

Detailed Analysis of over/under spent during a period

Ensuring payments to CROs as per agreed milestones and deliverables

Reconciliation of Clinical Study cost

4. Compliance and Risk Management

Ensure all financial practices comply with statutory regulations and internal policies.

Identify and mitigate financial risks through effective internal controls and audits.

Review and maintenance of SOPs

Ensure process adherence and SOX compliance

5. CAPEX

Prepare an annual budget outlining capital expenditure

Oversee the planning approval and tracking of capital expenditures

Analyze and evaluate CAPEX proposals to ensure alignment with strategic goals

Monitor CAPEX projects to ensure they are completed within budget and on schedule

Preparation of investment report for PLI scheme on Quarterly basis

6. Collaboration and Support:

Work closely with department heads to provide financial insights

Assist in the preparation of financial forecasts and strategic plans

7. Others

Deep dive/Projects on process evaluation expense analysis etc

Handling Intercompany Related Transactions specific to Biologics

Periodic Plant/S Yard visit Identifying issues Action/Escalation to rectifycorrect it

Creation & Maintenance of WBS & Cost Centre and periodic review of the same

Preparation of monthly accruals for Royalty on sales and EXIM benefits

 Automation & Simplification projects

Qualifications :

Academic Background and Key Experience Requirements:

A CA with around 35 years of experience in month closure activities & controlling Proven experience in budget management Good accounting acumen Familiarity with SAP environment BPC tool etc A good understanding of Accounting Standards Exposure in Manufacturing sector

Additional Information :

People Competencies:

Should be selfdriven and sense of ownership for its deliverables Excellent communication skills Should be able to work with CFTs Should be adaptable and flexible in his approach

Remote Work :

No

Employment Type :

Fulltime