Associate Director - Finance & Accounts - Pharma

ABOUT THE COMPANY:

Based in Mumbai, India, this pharmaceutical company is a subsidiary of a Singapore-based investment platform created by an Asian private equity firm in collaboration with Indian private equity firms. 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:

AOP :

- Preparation of Budget P&L, Balance sheet and Cash flow statements.Summarising Capex and Opex budgets from all user departments.Variance Analysis.(Budgeted EBITDA Vs. Estimated EBITDA)

Banking & Treasury :

- Fund management: Ensuring the availability of funds with minimum borrowing cost and investing the surplus funds to maximise the Interest yield )Forex Management (to minimise the Forex loss)Cash flow ForecastingRBI Compliance (Monitoring EDPMS and IDPMS- Export/Import database)Vendor payment monitoring

Financial Reporting and Foreacast:

- Preparation of Quarterly ForecastPreparation of Financial statements as per Schedule-III of Companies Act

PLI:

- Filing of Incentive Application & Quarterly returns as per Timelines.Coordination with Statutory Auditors, Chartered Engineer and Building valuer for timely submission of requisite documents to PLI team

- Direct & Indirect Taxes:

Filing of Corporate Tax return as per due date. Ensuring timely completion of Tax Audit. Quarterly Advance tax estimations & Payment to avoid levy of interest. Replies to Notices and Tax Assessments Ensuring compliance with GST lawsMonitoring TDS/TCS compliances ( Timely deposit of taxes and filing of Quarterly returns)

- Audits & IFC:

Ensuring implementation of Internal Financial Controls as per RCMs Coordinating with Internal/Statutory Auditors for completion of Audit reports as per Audit plan. Monitoring & ensuring the Compliance with Accounting Standards & Policies