Job DescriptionDivisionFinanceDepartmentOperations FinanceSub Department 1Manufacturing FinanceJob PurposeDrive accounting & Bookkeeping by ensuring accuracy, timeliness and completeness of books of accounts to present true and fair view of Financial status.Key Accountabilities (1/6)- Financial Accounting & Period Closing:- Ensure accurate, complete, and compliant accounting of all plant-related transactions in accordance with company policies, accounting standards, and statutory requirements.- Lead month-end and year-end closing activities, including Provision and accrual accounting, Prepaid expense accounting, and amortization.- GL reviews and correction journal entries wherever applicable.- Account reconciliations and other necessary accounting adjustments.- Ensuring accuracy for all the assigned period-end closing activities and completeness of the TB and financial records.Key Accountabilities (2/6)- Financial Reporting & MIS:- Prepare, review, and analyze monthly OPEX reports and other MIS reports for plant leadership and corporate finance teams.- Provide financial insights and commentary on key performance indicators, cost trends, and business drivers to support management decision-making.Key Accountabilities (3/6)- Budgeting & Cost Management:- Drive the annual OPEX budgeting process for the plant, including budget preparation, consolidation, review,



and submission.- Monitor actual expenditure against approved budgets and forecasts on an ongoing basis.- Perform detailed variance analysis and provide explanations for significant deviations along with corrective action recommendations.- Collaborate with plant and cross-functional teams to identify, evaluate, and implement cost optimization initiatives, driving sustainable savings across various expense categories.- Vendor Governance:- Ensure timely GRN creation by plant users to facilitate accurate accounting of purchases and liabilities.- Coordinate with finance and shared service teams to ensure timely invoice processing, accounting, and vendor payments in line with agreed timelines.- Review open POs regularly and work with stakeholders to close, remove, or clean up obsolete and aged POs from the system to maintain data accuracy and control.Key Accountabilities (4/6)- Vendor & Customer Master Management:- Manage vendor and customer master data creation, modification, and maintenance in SAP, ensuring compliance with internal controls and approval requirements.- Internal Controls & Compliance:- Actively drive and strengthen internal control processes at the plant.- Ensure adherence to DOA requirements, company policies, SOPs,



and compliance frameworks.- Monitor control effectiveness and support implementation of corrective actions for identified gaps.- Promote a robust governance and compliance culture across plant operations.Key Accountabilities (5/6)- Cash Management:- Maintain and monitor petty cash transactions, including proper recording of cash inflows and outflows.- Ensure adequate supporting documentation, approvals, reconciliations, and compliance with internal control requirements.- Audit Coordination:- Coordinate and support all plant-level audits, including Statutory Audits, Internal Audits, Inventory and Stock Audits, Cost Audits and Special Audits, any ad hoc audits initiated by management.- Facilitate timely submission of audit information and ensure closure of audit observations and action plans.Key Accountabilities (6/6)- Regulatory Reporting & External Coordination:- Coordinate regulatory and statutory reporting requirements applicable to the plant.- Collect, validate, consolidate, and submit required data to external agencies and government bodies such as GST department, NSSO and other regulatory institutions within stipulated timelines.- Stakeholder Management & Business Support:- Work closely with plant leadership, operations, admin, HR, and corporate finance teams to support business objectives.- Provide financial guidance and analytical support for operational and strategic decision-making.- Undertake special projects, business analyses, and other assignments as requested by plant management or corporate leadership.Education QualificationQualified CA/CMARelevant Work Experience3 - 7years of work experience in plant finance.

📌 Team Member - Factory Finance (Bengaluru)
🏢 Cipla
📍 Bengaluru