Key Responsibilities
Financial Accounting & Governance
- Ensure monthly financial closing activities within timeliness.
- Balance Sheet and Trial Balance reviews to maintain financial hygiene and proactively identify accounting discrepancies.
- Review inventory valuation and provisioning in line with company policies and accounting standards.
- Review payables, receivables and Advances relating to External Manufacturing Partners.
Management Reporting, Analytics & MIS
- Prepare and circulate monthly MIS reports for External Manufacturing Operations.
- Generate and present procurement and operations MIS decks on a monthly basis for leadership reviews.
- Perform detailed variance analysis between actuals, budgets, and estimates, and prepare insightful data for review and decision‑making.
- Share actionable analytics and financial insights to support strategic and operational decisions for Global External Manufacturing.
Costing, Budgeting & Savings
- Prepare and review LL cost sheets, including validation of product yields.
- Review Third‑Party Manufacturing cost sheets prior to PO release.
- Partner with SCM and Procurement teams to:
- Identify cost‑saving opportunities.
- Build and monitor a robust savings idea funnel through OE diagnostics.
- Compute, track, and report Operations Excellence (OE) savings for External Manufacturing locations.
- Support and partner in annual budgeting activities, including scenario analysis and budget reviews.
Strategic & Commercial Support
- Act as the point of contact for all finance‑related matters for Global External Manufacturing Operations and Strategic Business Partners.
- Validate make‑or‑buy decisions through financial and commercial analysis.
- Review Loan Licence and Third‑Party Procurement agreements from a financial and risk perspective.
- Conduct benchmarking of material prices using EXIM data and market intelligence to identify savings opportunities.
Audit, Compliance & Controls
- Handle all audit requirements related to Statutory Audit, SOX, Cost Audit, Stock Audit, and Internal Audits, specifically for procurement and external manufacturing areas.
- Collaborate closely with internal and external auditors, ensuring timely closure of observations and adherence to company accounting policies, SOPs, and DOA.
- Ensure defined process notes and SOPs are followed; identify control gaps and drive corrective actions in coordination with Central Finance.
- Conduct and monitor stock audits at LL plants, ensuring accurate accounting and resolution of stock variances.
Process Improvement & Digital Enablement
- Drive automation and digitalization initiatives to improve efficiency, accuracy, and governance across finance and procurement processes.
- Continuously review and strengthen financial processes to enhance control, transparency, and scalability.
Stakeholder Management
- Collaborate with SCM, Sourcing Team, Central Finance and Legal teams to support business objectives.