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Job Description

ORGANIZATION

The Organization has established itself as a research based Biotechnology and pharmaceutical company of international repute. The organization focuses on innovative products for the domestic as well as international market. In vaccines, the organization has major focus in the Rest of the world market. Developed and emerging markets are its focus for the pharmaceutical business.
In addition to organic growth the organization focuses on in –licensing & out –licensing route to meet it‟s aggressive growth plans.
The organization focuses on creating differentiated products at affordable cost for all segments of patient population with different economical background. It endeavors to have the first mover‟s advantage in the market.

Job Responsibilities:

Finance
 Develop a „ Finance Road Map „ based on diagnostic
 To help monitor cash flows and budgets.
 Development of a compliance and reporting calendar
 To track the progress on compliances through a „ traffic lights „ mechanism. Calculating return on investment
 Calculating payback period for the company in case of proposed investments.
 Review and improve existing costing systems / methodology.
 Review the Financial Statements of both PBL and PanEra. Reporting the other MIS information on periodic basis.
 Taking the lead in budget preparation and reporting the Actual v/s Budgets for every function within the company.
 Evaluate options of streamlining existing working capital flows including looking at current invoicing process and collection mechanisms from customers. Device ways and means of improving cash flow and create rolling week cash flow forecasts

Customer
 Liaise with Statutory Auditors , Internal Auditors , Lawyers ,
consultants , statutory authorities etc. to handle compliances.
 Generate customer and product profitability on a periodic
basis based on the current frequency.
 To play the role of a Chief Commercial Officer involving :
Negotiations with suppliers customers and bankers .Input on pricing decisions

Process
 And to handle routine day to day matters relating to finance amongst others.
 Suggest ways and means of improving the existing system.
 Review existing Standard Operating Procedures (SOP) around Finance and Business Processes.
 Vetting of commercial covenants in contracts.
 Assist the company in developing an authorization matrix for approvals.
 Review and take ownership in developing a high quality MIS (defining the metrics) including management dashboards, to provide on-time, regular and accurate data to provide more visibility into business performance metrics for review by the Management.

Innovation Learning & Growth

 Finalize hierarchies of reporting structures .
 Finalize hierarchies of approval hierarchies and Chart of Accounts .

EXPECTED COMPETENCIES (KSA)
 Financial Management
a) Strategic
 Strategic Business Plan: Participate in evolving business models as per  vision/mission of the company from financial perspective
 Strategic Financial Plan: Build a strategic plan for the company based on financial parameters to achieve the short term and long-term goals of the company and its vision.
 Financial Action Plan: Design and implement a financial action plan based on the strategic plan to increase the ROCE, EPS, ROI of the organization.
 Feedback: Lead the business from the front by building robust financial feedback systems to sensitize.
b.) Operational
Lead , guide and attend critical meetings relating to
 Term loan and working capital management, liasioning with banks and financial institutions, Preparation of fund flow statements and other relevant documents required for working capital and term loan borrowings of corporate and non-corporate clients.
 Financial Analysis and Interpretation
 Cost-benefit analysis of the projects, branch/site inspections.
 Preparation of project reports consisting of profitability analysis and application of capital budgeting techniques in case of new projects
 Preparation of fund flow statements and other relevant documents required for working capital and term loan borrowings of corporate and non-corporate clients.
 Treasury management including resource planning and fund mobilization through innovative financing methods
 Cash Flow statement, Budget, MIS reports
 Credit Management and Credit Control
Accounts and Corporate Affairs
a) Operational
Lead , guide , develop and motivate team of Managers for
 Handling the statutory / legal / Financial Control Matters, including issues relating to Corporate / Direct and indirect tax laws with awareness to regulatory norms
 Handling Foreign Exchange Transactions
 Asset Management with proper insurance coverage and claims
 Formation & registration of companies and advisory services for drafting memorandum and articles of association, prospectus, organizing board meetings, general and extra-ordinary general meetings, drafting minutes of the meetings, complying with provisions of companies act, 1956 and other applicable statutory laws and rules & regulations for day-to–day affairs of the corporate clients.
 Optimum utilization of resources and cost conscious management system in all respects
Audit and Advisory Services
a) Operational
 Statutory / Internet / Tax / Management Audit of manufacturing and consulting companies public and private sector banks in accordance with the auditing standards generally accepted in India which requires to plan and perform the audit to obtain reasonable assurance about whether to financial statements are free from material mis-statement.
 Examining on test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by the management, as well as evaluating the overall presentation of financial statements by complying with the applicable statutory laws and rules & regulations and finally to express an opinion on the financial statements prepared by the clients.

BEHAVIORAL COMPETENCIES
a) Behavioral Competencies ( KSAIT):
Strategic decision making ability
Drive change
b) Business Acumen
 Knowledge-Customer Orientation, Process Knowledge. IT
 Skills - Detail Oriented. Work under constant deadlines. Relationship management
 Trait- Creativity, Strong work ethics, Adaptability
 Attitude-Highly Positive always
 Interest -Eager to face challenges of young dynamic research based customer focused company.
 Sophistication
 Adaptability
 Ideal soft skills
 Ability to influence & able Leadership
.
IDEAL INCUMBENT PROFILE
 Qualification – ICWA/ CA Must
 Experience – 15-20 of relevant exprience
 Preferred Industry – Any reputed Pharmaceutical

 
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