Posted By
Posted in
Banking & Finance
Job Code
1426698
ABOUT THE COMPANY:
Based in Mumbai, India, this pharmaceutical company is a subsidiary of Gamot API Pte. Ltd., a Singapore-based investment platform created by the Asian private equity firm PAG in collaboration with Indian private equity firms CX Partners and Samara Capital.
The company employs over 1,000+ and offers a diverse range of pharmaceutical products, particularly in the category of Active Pharmaceutical Ingredients (APIs).
Roles and Responsibilities:
Costing & Controlling:
- Ensure to report the Validated Current Product Costing & Impact of the Costing due to change in the Prices/Process to ensure the accuracy of Gross Margin.
- Reporting of monthly business performance such as analysis of top line, gross contribution, analyse variances and provide inputs on budgetary deviations.
Plant MIS & Reporting:
- Reporting of Plant wise Opex Trend Analysis (Bud vs Act) and provide insights to the management for the variances.
- Report and conduct monthly Reviews of Product Cost trend, Yield Report and analyse Variances.
- AOP & Forecast Preparation of Budgeted Material Costs, Proposed Yields, Product Costs & GMM Analysis.
- Month-end Closure activities & Invoice Processing.
- Perform various month-end, quarter-end and year-end close activities from GL accounting, reconciliations, accruals, and other ad hoc activities.
- Responsible for periodic reporting including Creditors Aging, Payables by Business Units, Payables process metrics.
- Responsible for vendor invoice accounting, expense reporting and processing.
Capex Management:
- Build, follow and update the yearly CAPEX plan by coordinating with the Plant teams.
- Prepare and lead periodic CAPEX review meetings to give an accurate status of the projects, the commitment, the cash out and the forecasts.
- Review and passing of Depreciation entries on monthly basis according to the nature of the asset and its useful life as per Ind AS & Income tax act.
- Perform Cost-benefit analysis, NPV/IRR analysis, and payback period for Capex initiatives.
Audits & IFC:
- Ensuring implementation of Internal Financial Controls as per RCMs.
- Coordinating with Internal/Statutory/Cost Auditors for completion of Audit reports as per Audit plan.
- Monitoring & ensuring the Compliance with Accounting Standards & Policies.
- Updating the Risk Control Matrix (RCMs) in line with SOPs/Accounting policies/ DOA.
Ideal Candidate:
- Should possess influential communication, interpersonal and negotiation skills.
- Good working knowledge of Indian accounting standards, Cost Accounting standards and Indian taxation, statutory and management reporting is critical to this position.
- Should have the ability to influence and encourage team synergy, sensitively managing diverse teams as well as multiple internal and external stakeholders.
- Must possess a solution oriented and ambitious attitude.
- Strong Business and commercial acumen.
- Analytical and Problem Solving.
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Posted By
Posted in
Banking & Finance
Job Code
1426698
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