Role:

This Person will be responsible for managing all financial functions of the plant with a particular focus on establishing, maintaining, strengthening, and monitoring internal controls. The role ensures financial integrity and compliance, enabling informed decision-making, cost control, risk mitigation, and safeguarding of assets.

Key Responsibilities:

1. Financial Control & Accounting

* Maintain accurate books of accounts for the plant: general ledger, fixed assets, inventory, cost and variances. By regularly scrutinising GLs both P&L; and Balance sheet.

* Lead the month-end, quarter-end, and year-end closing process; ensure timely and accurate financial statements

* Oversee the costing systems (product costing, cost of goods sold, overhead allocation), ensuring accuracy and consistency understanding cost drivers + levers to pull for cost correction/optimisation

* Monitor inventory accounting (raw materials, WIP, finished goods), ensure reconciliations, Identify actions for minimizing write-off & maximise usage minimize write-offs and shrinkage

2.



Internal Controls & Compliance

* Design, implement, and maintain a robust internal control framework aligned with corporate policies, accounting standards, legal/regulatory requirements

* Carry out periodic control risk assessments to identify control gaps across accounting, procurement, inventory, fixed assets, etc.

* Ensure policy and procedure documentation; drive awareness and compliance with these across the plant.

* Support internal and external audits: prepare schedules, respond to audit queries, implement corrective actions for audit findings changes to be done in process in addition to corrective actions

* Ensure compliance with statutory tax, regulatory, and legal requirements.

3. Budgeting, Forecasting & Performance Analysis

* Lead the plants budgeting and forecasting processes in collaboration with the Plant Team

* Monitor performance against budgets/forecasts; analyse variances;

📌 Executive - Finance (North Goa)
🏢 Glenmark Pharmaceuticals
📍 North Goa