Revenue Manager

JD – Revenue Assurance Lead

About the organization:

Biocon Biologics is a fully integrated pure play biosimilars organisation globally committed towards transforming patient lives through innovative and inclusive healthcare solutions. It is engaged in developing high-quality, affordable biosimilars aimed at expanding patient access to cutting-edge class of therapies across the world. Biocon Biologics is a subsidiary of Biocon Ltd, an innovation led-global biopharmaceuticals company and India's first publicly listed biotech enterprise. Biocon Biologics has one of the largest biosimilars portfolios, a wide global footprint, state-of-the-art manufacturing facilities, world-class R&D ecosystem, and high quality & compliance standards, enabling it to fulfil unmet needs of patients across the globe.

With the scientific capabilities, scale of manufacturing, large product pipeline, strong talent pool and expertise in developing and commercialising biologics, the company aims to serve millions of patients through its biosimilar.

About Finance Function:

We believe in creating a team that is not only best in class and sets new benchmarks but more importantly understands that a TEAM mean Together Everyone Achieves More. At Biocon Biologics, Finance is one of the major pillars and an essential ingredient to a successful business

Key Responsibilities

• Lead end-to-end month-end revenue closure across all regions ensuring timely, accurate, and compliant revenue recognition in line with defined close timelines and accounting policies.
• Drive coordination with regional finance teams, 3PL partners, and shared services to ensure timely submission and validation of revenue inputs.

1. Review and approve SAP revenue postings, ensuring correct accounting of sales, rebates, chargebacks, and SRA (Sales Return Accrual) adjustments.
2. Consolidate regional data into monthly revenue reports, ensuring accurate cut-off, completeness, and audit readiness.

• Own period-end accounts receivable closure, ensuring completeness and accuracy of trade receivables:

1. Review ageing reports and validate classification and balances.
2. Ensure appropriate accounting for rebates, chargebacks, and deductions impacting AR.
3. Oversee receivables management, driving collection effectiveness, dispute resolution, and cash conversion, in coordination with commercial and regional teams.

• Own and standardise DSO methodology across geographies. Analyze DSO trends by geography and customer segment. Provide actionable insights on collection efficiency, credit terms, and working capital optimization. Support management reporting on DSO movements and ageing drivers.
• Design and enforce revenue assurance controls over data flow from 3PL systems to SAP. Ensure compliance with internal policies, IFRS / Ind AS (revenue recognition, rebates, variable consideration).
• Co-ordinate, review and provide support through appropriate inputs to the reporting teams for the monthly/quarterly and yearly MIS reporting
• Lead special finance projects, manage the centralised financed system with an ambition to further automate processes
• Act as key point of contact for statutory and tax audits:
• Provide audit-ready schedules, reconciliations, and documentation
• Support closure of audit queries with evidence-based explanations.
• Ensure strong audit trail and compliance across revenue and AR processes
• Contribute to transformation initiatives, including SAP S/4HANA transition and AI/analytics-driven automation projects, ensuring alignment of revenue processes with future-state systems.
• Work with onshore and offshore finance team reporting within Biocon Biologics group, to monitor all transactions and ensure the smooth running of day-to-day revenue operations
• Develop and maintain sound internal control system in revenue reporting processes

Education, Experience and Skill

• Experience – 8+ years of experience.
• Qualification – Chartered Accountant preferably with Big4 experience
• Should be able to manage a team of 5+
• Hands on experience with SAP will be an added advantage
• Ability to understand and effectively apply technical accounting guidance for Revenue accounting
• Excellent analytical skills
• Stakeholder management
• Proficient in MS Excel and PowerPoint
• Excellent Communication Skills (Written & Oral) and Networking skills
• Flexibility & open mind to look at dynamic and ever-changing business environment and needs
• Time management & ability to prioritize work / Multitasking
• Strong command over accounting
• Result oriented

Biocon Biologics is an Equal Opportunity, EEO / Affirmative Action Employer committed to excellence through diversity. All qualified applicants will receive consideration for employment without regard to, and no employee shall be discriminated against because of their race, color, religion, age, sex (including pregnancy), national origin, disability, genetic information, status as a protected veteran or any other characteristic protected by applicable federal, state or local law.