Syngene - Head - Cost Optimization

JOB DESCRIPTION

Designation: TBD

Job Location: Bangalore

Department: Finance

About Syngene

Incorporated in 1993, Syngene International Ltd. is an innovation-focused global discovery, development and manufacturing organization providing integrated scientific services to the pharmaceutical, biotechnology, nutrition, animal health, consumer goods and specialty chemical industries around the world. Syngene' s clientele includes world leaders such as Bristol-Myers Squibb, Baxter, Amgen, GSK, Merck KGaA and Herbalife. Its innovative culture is driven by the passion of its 4240- strong team of scientists who work with clients from around the world to solve their scientific problems, improve R&D productivity, speed up time to market and lower the cost of innovation.

Job Purpose: TBD cost optimization

Job Description:

- Manager cost optimization will be responsible for driving efforts by working cross-functionally to optimize our cost structure. You will coordinate resources across enabling functions and business divisions and negotiate with external stakeholders in order to lead and achieve COGS and SG&A reduction roadmap. You will report directly to the Finance Controller

- Develop and execute cost reduction strategies aligned to broader company objectives, including identifying process improvement programs for increased efficiencies and effectiveness

- Ensure the organization has a robust cost estimating process; hold responsibility for updating Cost-to-Serve regularly

- Focus LEAN initiatives collaboratively across the organization

- Establish KPIs and oversight for cost reduction efforts; create tools and management cadence to track and measure performance

- Utilize cost modeling tools along with market conditions to help estimate should be costs and help assess tradeoffs in analysis and decision making

- Drive cost optimization opportunities in effort to drive down total cost while delivering the desired products goals

- Drive total cost collaboration across internal teams such as sourcing, manufacturing, engineering and logistics etc

- Manage reporting of product/ service level cost views from initial concept phases

- Contributing to a team environment that is focused on high performance and operational excellence.

In addition to above:

- Ideal candidates will have 7-10 years of demonstrated ability leading the end-to-end cost reduction process

- Capable to analyze the market, track supplier and competitive trends

- Influencing skills and; credibility to interact effectively with R&D leaders;

- Deep understanding of cost drivers and cost models; analytical ability to connect this to favorable financial terms

- Comfortable in rolling up one's sleeves and leading by example whether digging into the data or participating in a supplier engagement

- Comfortable operating in a growth-oriented environment maintaining a high sense of urgency and performance management

- Global experience and an understanding of the nuances and differences among business cultures

Educational Qualification and desired experience:

- CA/ICWA or MBA Finance from a premier Institute with min. 7 years of experience in core area.

- Person should have a very good interpersonal skills, Logical Thinking and Problem-Solving Skills

- Should have a knowledge and experience in SAP - FICO module

- Good Communication Skills both written and verbal

- Experience in Pharma Industry would be an added advantage

Key responsibilities: As mentioned in Job description

Technical/functional Skills: Finance and Accounts

Experience: Minimum 7 years and experience in Pharma would be an added advantage

Behavioral Skills: Person should have good communication skills, Self-improvement & Time management

Equal Opportunity Employer:

It is the policy of Syngene to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by applicable legislation or local law. In addition, Syngene will provide reasonable accommodations for qualified individuals with disabilities.