AVP Finance India will play a critical role to steer business to sharp path of growth leading the India FP&A and Accounts for India business to drive top line growth, improve margins and improve cash flow. The incumbent will also be responsible for accurate & on time long range plans (LRP), budgeting & forecasting (LE-Latest Estimates – Every Quarter), pricing of new & existing projects/products and review of financial performance & profitability for each therapy area. To be responsible for presenting management report on projection & variance in revenue, operating cost and Income.
KRA
• Monthly and Annual closing for Provis business, accounts finalisation as per IND AS, Budgeting and MIS
• Business cases for NPDs, AR and AP management,
• Compliance and controls as per SOP and DOA (Internal and external Audits)
• Improve and develop Performance review decks, Ensure correct profitability for each therapy area, Develop and implement the review templates for board deck and other monthly reviews,
• Presentations on financial health of the business and expenses budget v/s actual for all departments
• Long Range Strategy Plan, Annual Budget and Quarterly forecasting for all the departments
• Control and report the Variance Analysis - Budget v/s Actual and LE v/s actual for all the departments and ensuring budget rules are followed as per the SOP.
• Build and implement the finance dashboards and support the cross functional team on ERP implementation and improvements
• Forward forecasting and Predictive analytics on risk and opportunities
• Cash forecasting every month for all the distributors and raise cash request to HO finance team
• Budget Controller to all expense head and all the departments for India entity
• Support the cross functional team on benchmarking and cost reduction projects
• Ad hoc analysis
KEY FUNCTIONS / RESPONSIBILITIES
• Ensure month end and year end closing for the business and reporting on the corporate department overheads
• Fixed Assets and Current Assets: Capitalise FA and control Current assets as per corporate guidelines (Balance confirmation and physical verifications)
• Verify and ensure timely payments (Vendors, Salary – Including incentives and Compliance etc)
• Lead from Finance side to clear Internal and external Audits
• Circulate Daily & monthly Dashboard and MIS for the India business
• Indent / PO approval as per DOA and SOP
• Maintain and clean the ERP masters (Vendors, customers, SKus , pricing etc)
• Finance Lead Balance scorecard for India business, Business cases for NPS launches, Draft incentive schemes, Cycle meeting and National sales meet etc
• Ensure proper bank reconciliation and ensure balance tallying in the ban statements with the books of accounts
• Lead and liaise with India corporate accounting team for any accounting, compliance (Direct tax, indirect tax and others) and cash request related matters