Team Member - Controlling

Division

Finance

Department

Commercial Finance

Sub Department

NA Finance

Job Purpose

Accountable for controllership & Financials for North America.

Key Accountabilities (1/6)

1) Accounts Controlling, Monthly closing & Cash Flow Management

• Month End, Quarterly, Yearly finance controlling activities.
• Financials preparation as per Ind AS.
• Consolidated Financials preparation.
• Intercompany reconciliation and payment.
• Preparation of yearly and quarterly cash flow.

Key Accountabilities (2/6)

2) Inventory Management

• Preparation of Monthly Inventory report.
• Monthly closing of inventory and ensuring valuation is done as per accounting polices (NRV, Stock Expiry etc).
• Monitoring Inventory ageing and highlighting the same to the business.
• Working with business team on short-dated inventory management. 
• Regular review of GRIR.

Key Accountabilities (3/6)

3)Tax, Transfer pricing Management and intercompany compliance

• Completion of Tax submission files, to enable timely filing of Advance tax and Tax returns.
• Regular review of Transfer pricing between intercompany to manage the outcome of Transfer pricing P&L.
• Control checks around Intercompany transactions, timely pre-checks for omnibus approvals.

Key Accountabilities (4/6)

4) Management P&L

• Timely submission of Financials inputs for Management P&L.
• Regular review of Sales & COGS reports, highlighting and resolving issues.

Key Accountabilities (5/6)

5) Audit 

• Timely Statutory and Internal Audit with zero repeat observations

Key Accountabilities (6/6)

6) Ind AS Compliance

• Ind As Compliance review for Financials and agreements like business & Lease etc.

Overall control, governance aspects for Ind AS and Taxation for US legal entities. 

Major Challenges

• Deal with multiple internal customers like corporate finance India, Costing team, BU Finance, GSS team, SCM team and Manufacturing team.
• Deal with multiple stakeholder (USA Finance team, UPS team, BYD, Cipla IT, SCM, and Corporate Team) and meeting their requirement as per timeline.
• Working in different time zones and working culture.

Dimensions

• Managing governance of US legal Entity.
• Inventory related expertise to manage inventory. 

Education Qualification

Qualified Chartered accountant /  Cost Accountant / Certified Public Accountant. 

Relevant Work Experience

3-5 years of work expereince with minimum 1-2 years ​​​of experience in pharma industry.

Working expert knowledge in Excel, SAP, Concur and banking systems.