Business Analyst

Division

Finance

Department

Commercial Finance

Sub Department 1

One Africa Finance

Job Purpose

The role involves supporting the business division with a focus on financial planning and analysis, operations, compliance, and strategic decision-making. The candidate is expected to work cross-functionally with business, costing, regulatory, and audit teams to ensure accurate financial reporting, robust budgeting & forecasting process and strong business control and performance tracking for CGA & SSA clusters

Key Accountabilities (1/4)

1.Preparation of Monthly MIS reports/Decks for senior management

• Prepare, analyse & review management P&L.
• Update Management on Sales variance analysis and forecasting.
• Check & monitor expenses to rationalize expenses.
• Prepare receivables analysis.
• Assisting in budgeting and forecasting activities, including market-wise analysis and strategic business planning.
• Conducting product-level profitability analysis, scenario modelling, and make-vs-buy evaluations for cost optimization.
• Supporting tender analysis, institutional business and to assess financial viability and serviceability.
• Managing new compliance requirements such as authority-specific data reporting and timely uploads.
• Preparing business review decks and presentations for senior management including the central FP&A team.

Key Accountabilities (2/4)

2.Management tracked projects

• Detailed analysis & driving major pricing & cost optimisation projects.
• Close monitoring of Gross to net adjustments to mitigate against margins attrition.
• SKU level detailed analysis.
• Analysis of Business Risk & Ops and Mix optimization through SKU wise pricing & cost analysis to monitor cost structures.
• Provide input to regional Finance management decision making process for key commercial and investment actions.

Key Accountabilities (3/4)

3.Harmonize finance processes through on-time deliverables for quality and timely reporting to senior management

• Formulate strategy plan and annual budget.
• Prepare LBE, P&L reporting, MORs, in-market sales report and receivables report for senior management.
• Standardize formats and leverage modelling skills to make automation easier.
• Assist in review and analysis of business cases.

Key Accountabilities (4/4)

4.Compliance

• Regulator/dossier related payment clearances.
• FEMA compliance.

Major Challenges

• Timely coordination across cross functional teams . Overcome by - relationship building over time.
• Constant multitasking. Overcome by – time management, working overtime at times and relationship building, harmonized processes.
• Handling pressure.Overcome by â€“ time management, strong skill set and capabilities

Key Interactions (1/2)

INTERNAL

• Business teams (including special projects) for CGA & SSA – as & when required – for sales variance analysis, forecasts, risk & ops assessment.
• Central FP&A team – twice a month – for MORs, aligning P&Ls, etc.
• CEO’s office – once a month – for business performance
• Central costing & accounting team – for getting costs / write-offs & export benefits – once a month
• Pharma Co-vigilance Team: For submitting sales data on monthly basis.

Key Interactions (2/2)

EXTERNAL

• Consultants for cost saving projects
• Royalty payments: Royalty payments and sales data submission to MPP & Gilleard on quarterly basis.
• Assisting in External audits conducted by MPP or Gilliard
• CGA & SSA Distributors/ Customers

Key Decisions (1/2)

No direct decision-making involved

Key Decisions (2/2)

No direct decision making as it is advisory & analytical role

Education Qualification

Qualified Chartered Accountant /MBA in Finance

Relevant Work Experience

2-5 years experience with very strong analytical & quantitative ability and excellent communication skills along with knowledge of advanced MS Excel and Power point skills.