Mission of the Function :
- Ensures integrity of Books and Records
- Reviews and monitors key KPI's for OTC
- Responsible for identifying and implementing policy changes / guidelines to ensure operational efficiency of OTC KPI's
- Key SPOC for IFRS-15
Dimension and Volume of the Function : Business Volume of 25'0 Billion INR for In-Vivo Business in India
Contacts : Country Management, BA Management, BL Management, Sales Management, Service Management, Project Management, Logistics, Taxation, Accounting & Controlling, Performance Controlling, Auditors, O2O Team, O2C Team
Priorities :
- To execute effective mechanism for review and and analysis of various Balance Sheet Accounts such as FA, UBC, Inventory, Accruals etc
- Responsible for IFRS compliance including Revenue Recognition
- To be a key participant in digitalisation / automation of current manual / excel based processes
- Reviewing and monitoring of key KPI's for OTC - Revenue FC, Inventory, DIO, DSO , Cycle Time, NCC
- Responsible for identification of digitalization opportunities and driving them along with Business, Digi and IT team
- To ensure timely monthly closing entries including entries related to Accruals, Guideline Based Provisions
- Analyze financials (Balance Sheet and P&L) and provide improvement areas after assessing root causes. Closely work with Business Stakeholders to address such issues
- Set-up effective and efficient processes to ensure smooth month-end closing practices on Revenue, Accruals, Provisions etc
