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