JOB DESCRIPTION:
JOB SUMMARY
- The Assistant Division Finance Controller will support the financial operations of the business unit, ensuring accurate financial reporting, analysis, and strategic planning.
- Partnership with commercial team to support strategy implementation, business growth and profitability ensuring sustainability of financial processes, policies, and procedures comply with company's regulations and practices.
- Provide analytical support in ad-hoc business acceleration projects.
- This role is crucial for developing brand profitability and territory profitability analysis, contributing to the overall financial health and growth of the cluster.
- Provide financial leadership to the organization & foster effective collaboration with internal functional stakeholders towards achieving annual financial KPIs - Sales, Division Margin & Cash Conversion Cycle (CCC).
MAIN RESPONSIBILITIES
- Prepare & submit annual Budgetary Plan & Quarterly Updates / LBE's in accordance with EPD Division requirements on a timely basis. Deviations (+/-), if any, must be supported by defensible justifications.
- Ensure timely and accurately submission of monthly Divisional / Area financial reporting requirements as per stipulated datelines.
- Supervise local operations performance via routine reviews & analysis of financial results (including sales performance) against financial Plans/Updates/LBE's and advise management on exposure issues on a timely basis & thereafter to work with Commercial team in devising appropriate market strategy(s) and/or recovery plan(s) to ensure delivery of financial commitments.
- Supervise/review affiliate all activity payout, to support affiliate SG&A management and advise.
- Respond to organization request to ensure compliance to internal controls, policies, and procedures.
- Working and supporting CFS in updating policy & guideline to Business
- To be involved close co-ordination with relevant internal stakeholders for the monthly ADS process. To engage the team in robust discussions on the assumptions (volume, ADS, channel mix) taken.
- Overall financial custodianship of acquired branded generic business and steer organization towards delivering key financials as committed per signed Deal Model.
- Instil mindset & discipline within organization towards a more efficient use of operating capital - i.e., inventory (DOH), collections (DSO) & payables (DPO). Aim to bring about year on year improvement in CCC.
- To display higher level of internal stakeholder management through improved co-ordination /facilitation of effective cross functional collaboration in tackling ad-hoc / non-routine business / operational challenges.
- To prepare monthly analysis/update on Sales Standard Margin, SG&A expenses and perform gap analysis & formulate remedial plans together with the team.
- To review & manage EPD capital spending, Pricing Profile & Payment request process.
- Develop strategies for improving operation efficiencies while oversight service level and optimizing inventory levels as well as operation cost.
- Perform any other assignments as determined by Commercial and/or Finance management
- Ensure compliance with financial regulations and company policies. Implement and maintain robust internal controls to safeguard assets. Conduct regular audits and reviews to ensure financial integrity.
EDUCATION
- Bachelor's degree in Finance, Accounting, or related field Chartered Accountant (CA) or MBA preferred.
- Minimum of 8 years of experience in financial analysis, reporting, and strategic planning.
- Strong analytical skills and attention to detail.
- Proficiency in financial modelling and forecasting tools.
- Excellent communication and interpersonal skills.
- Ability to work collaboratively in a fast-paced environment.
EXPERIENCE /QUALIFICATION
- In-depth knowledge and/or experiences in all activities of accounting and financial planning.
- Able to interact & communicate effectively with individuals & groups across all levels of the organization. Ability to engage stakeholders (internal & external) in effective negotiations will be a plus.
- Meticulous & possess strong business acumen
- Strong problem solving & analytical skills and have can-do attitude.
- Ability to multi-task under minimal supervision & ensuring deliverables are met in a fast-paced & deadline-oriented environment.
- Positive attitude & strong team focus.
- Good Leadership skills and sound business judgement.
- Capable to speak, read and write English.
The base pay for this position is
N/A
In specific locations, the pay range may vary from the range posted.
JOB FAMILY:
Financial Planning and Analysis
DIVISION:
EPD Established Pharma
LOCATION:
India Mumbai : BKC Building
ADDITIONAL LOCATIONS:
WORK SHIFT:
Standard
TRAVEL:
Yes, 25 % of the Time
MEDICAL SURVEILLANCE:
Not Applicable
SIGNIFICANT WORK ACTIVITIES:
Continuous standing for prolonged periods (more than 2 consecutive hours in an 8 hour day)
