Senior Factory Finance Accountant
Cipla · Bangalore
Collected role description
<span class="jobdescription"><div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Division</H2> </div><div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Department</H2> </div><div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Sub Department 1</H2> </div><div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Job Purpose</H2> </div><div><p style="margin-bottom:4.0px;margin-top:5.0px;text-align:justify"><span style="font-size:10.0pt"><span><span style="font-family:Arial, sans-serif">This position is for Lead - Financial planning and Analysis (FPnA) for Indore site, responsible for managing overall financial activities of Unit (like budgeting, MIS reporting etc.) and ensuring adequate controls at site . Additionally, person will be responsible as a business partner for Unit I and III (assisting units for PR, CER and other Financial matters).</span></span></span></p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Accountabilities (1/6)</H2> </div><div><p><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">FP&A activities for Indore Operations </span></span></p>
<ul style="margin-bottom:5.0px;margin-top:5.0px"> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Budget controller at site level (Mfg., quality and Admin)</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Monthly Reporting of expenses (head wise)</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Budget preparation activity</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Trend analysis, data analytics and review of expense G.Ls.</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Monthly meeting with SLT team for updates</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">Reporting reason/justification for Budget Overrun</span></span></li> </ul> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Accountabilities (2/6)</H2> </div><div><p><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">Business Partnering with Unit I and III for all relevant support required</span></span></p>
<ul style="margin-bottom:5.0px;margin-top:5.0px"> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Evaluation and Approval of Purchase Requisitions (PRs) and Capex Expenditure Requisitions (CERs)</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Evaluation of Product Transfer Proposal</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Support and coordination with FSS for Payment</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Resolution of Vendor’s queries of Invoice booking/payment</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">Coordination for other requirements like Inventory, WIP, Audit etc</span></span></li> </ul> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Accountabilities (3/6)</H2> </div><div><p><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">Manage Opex Activities and closing activities</span></span></p>
<ul style="margin-bottom:5.0px;margin-top:5.0px"> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Provision tracking and controlling every month for accurate reporting.</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Cost correction and allocation entries.</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Expense dump tagging and MPR preparation.</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Support and coordination with CER Support Team for User specific requirements</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Opex Budget Activities </span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">Response to Auditor’s Queries for Capex</span></span></li> </ul> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Accountabilities (4/6)</H2> </div><div><p><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">Controllership and Compliances for Indore Operations </span></span></p>
<ul style="margin-bottom:5.0px;margin-top:5.0px"> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Controllership and Governance on Financial and accounting aspect.</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Handing Internal audits at site and final closure</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">IFC controls implementation and adherence</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Adherence to DOA</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">Verification of Measurement sheet on monthly basis to keep control and rigour</span></span></li> </ul> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Accountabilities (5/6)</H2> </div><div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Accountabilities (6/6)</H2> </div><div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Major Challenges</H2> </div><div><ol style="margin-bottom:4.0px;margin-top:4.0px"> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Prioritization of tasks and smooth operations - Overcome by putting in extra work hours & planning</span></span></li> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Managing complexity, multiple stakeholders - Overcome by solving thing in a structured manner </span></span></li> </ol> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Interactions (1/2)</H2> </div><div><ul> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Site functional teams e.g. Stores, production, HR, engineering, etc</span></span></li> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Site Head</span></span></li> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Central Mfg team</span></span></li> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Corporate Finance team</span></span></li> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Legal Team</span></span></li> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Internal Audit Team</span></span></li> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">IT team</span></span></li> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Taxation</span></span></li> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Costing</span></span></li> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">BU finance</span></span></li> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">Capacity Planning</span></span></li> </ul> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Interactions (2/2)</H2> </div><div><ul> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Statutory Auditors</span></span></li> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Internal Auditors</span></span></li> <li style="text-align:justify"><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">External vendorsConsultants – Statutory & project related</span></span></li> </ul> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Dimensions (1/2)</H2> </div><div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Dimensions (2/2)</H2> </div><div></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Decisions (1/2)</H2> </div><div><p><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">Month end Opex provisioning </span></span></p>
<p><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">Approve Unit level PR and CER as a Business Partner</span></span></p>
<p><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">Unit related Payment issues</span></span></p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Key Decisions (2/2)</H2> </div><div><p><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">Recommendations for > Rs 25 lacs capex proposals</span></span></p>
<p><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">Recommendations for budget escalations & key critical spends > Rs 5 lacs opex</span></span></p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Education Qualification</H2> </div><div><p><span style="font-size:10.0pt"><span style="font-family:'Arial', sans-serif">CA </span></span></p> </div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px">Relevant Work Experience</H2> </div><div><ul> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">2-5 years of manufacturing finance experience across different Finance verticals handling similar size operations & complexities</span></span></li> </ul>
<p style="margin-left:24.0px"> </p>
<ul> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Experience with general ledger functions and the month-end/year end close process, </span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Well verse with SAP (Hana) </span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Sound knowledge on regulatory compliance, statutory reporting, Accounting standards, Indirect taxation</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Managed Opex and Capex related work</span></span></li> <li><span style="font-size:10.0pt"><span style="font-family:Arial, sans-serif">Worked on MIS reporting.</span></span></li> </ul> </div></div></div> </span>
Collected experience requirement
2-5 years