Support the business to achieve the topline budget while protecting the bottom line with financial controls. Liaise with diverse functions across the organization & externally with partners to deliver the desired results and help the management take informed business decisions in a timely manner. Also ensure timely & accurate financial reporting and compliance with all statutory requirements.

Manage all Controllership, accounting, banking and financial reporting activities

- Finance governance, Monthly, Quarterly and Annual close of Legal entities and B2B books of accounts finalization across 3 entities.
- Monthly, Quarterly, Annual Closing for the entity housing the lab in Netherlands.
- Preparation / Review of financial statements as per Dutch GAAP.
- Submission of Financial statements, templates, analytics, eliminations and other closing related information to Corporate Finance as per closing timelines and facilitation of year end statutory audit & reporting process.
- Review the monthly financial report and deep dive into major variances and errors in accounting.
- Ensure Intercompany transactions accounting and reconciliation with India team.
- Help to standardize formats and reconciliations on a timely basis.
- Manage all banking transactions and optimize the payments process wherever required.

Controls, Compliance & Simplification

- Co-ordinate with audit teams for all data requirements & initiate timely action against all audit observations to ensure the necessary processes are put in place to avoid repeat of same errors.
- Take initiative to contribute towards improvisation of system functions. Drive process simplification, automation and improve efficiency.
- Ensure compliance with tax laws, transfer pricing requirements and local country laws and regulations.
- Ensure no repeat Audit queries and ensure overall controls on area of responsibility.

Business Partnering

- Work closely with businesses teams to prepare the detailed annual budget for the region




- Monitor actual sales on a regular basis and provide inputs to the management on budget achievements and reasons for variances; Analysis of budget vs. actual (volume, price and mix) budgeting control.
- Work with business and submit for 3 months rolling sales forecasts every month
- Analyze Business risks & ops and SKU mix optimization
- Analyze competition and provide insights to achieve market beating growth
- Understand the market and review the profit / revenue share keeping market nuances in consideration

Improve margin and cash flow to achieve profitability targets

- Review P&Ls; monthly and monitor all expenses against budget
- Support the business in Pricing decisions for tenders, new products or launches and changes in market requirements
- Monitor and evaluate key KPIs and share findings and highlight key areas for effective action
- Drive better product mix, identify and implement COGS reduction ops & find pricing opportunities to ensure improvement in overall profitability of business
- Follow up on receivables and ensure minimal overdue

Monitor inventory quality & wastages

- Inventory management of the products based on sales
- Analyze & raise red flags for non-moving/slow-moving or excess inventory being carried leading to business wastages Key Accountabilities

Review of new and existing legal contracts and arrangements

- Ensure compliance with all legal commitments as per commercial contracts
- Review current agreements to ensure terms are not onerous for the company
- Getting Sanction checks and ensure compliance before entering any new transaction.

Evaluate new business deals & opportunities; highlight risks proactively and support the funding requirements & integration process.

- Evaluate the returns for the Company from any new product / brand or M&A; deal; carry out necessary financial due diligence, capture all potential legal or commercial risks and share recommendations with management for decision making.
- Support all funding requirements by liaising with the parent Co. or banks as may be required
- Help set up new business processes or integrate them with existing businesses

📌 Finance Business Partner & Controlling Role (Mumbai)
🏢 Cipla
📍 Mumbai