Opportunity For Site Finance Head | Indore | Cipla

5 - 10 Years
Indore
INR 12,00,000 - 22,00,000 PA.
Posted: 9 days agoOpenings: 1Job Applicants: 957+Job Views: 2311+

Job Description


Dear Aspirant,

Looking for Site Finance Head - Indore.

1. JOB PURPOSE

Finance Leader at site responsible for driving the overall finance agenda at site. Responsibilities include budgeting (opex & capex), opex control, capex evaluation, inventory management, CoPE reduction, compliance and continuous improvement at the site. This role is also member of the Site Leadership Team and plays a critical role in driving the overall growth agenda of the site.


2 KEY ACCOUNTABILITES:

Accountability Cluster & Major Activities / Tasks

Financial Performance Evaluation Review and analysis of site performance with respect to key financial metrics to ensure productivity and cost optimization
Evaluate financial impact of all productivity improvement measures undertaken at site
Evaluate proposal on in-sourcing vs outsourcing for decision making
Identify and work on areas for bench marking costs at dosage level, idle cost review, scrap rate analysis, etc.
Monitor ROI on investments made towards preventive maintenance and plant safety reduction in breakdown
Review site production, capacity utilization and profitability statements identify variance vs last year and explore opportunities for improvement
Review Variance Analysis Actual Vs Budget in comparison to the Last Year
Review opex LE every month to keep a track on the budget for manufacturing, quality and administration function
Evaluate capex investment at site both sustenance and growth related investment
Review post implementation of capex for all high value investments
Continuous monitoring of CoPE and Inventory at site and provide meaningful insights to relevant stakeholders for appropriate actions
Business Partnering Partner with site leadership team in ensuring timely execution and delivery of activities through effective stakeholder buy-in across cross functional teams
Review annual budget and LE for the site and for respective units for manufacturing, quality and administration functions
Partner with site team in identifying productivity improvement and cost saving initiatives. Drive all such activities for a meaningful conclusion.
Responsible for timely closure of books of accounts and support corporate accounts team in continuous improvement
Participate in all leadership forums at site and provide meaningful insights as needed
Compliance & Control Ensure that all activities are undertaken as per organizations governance framework
Ensure that the IFC framework is being followed and suggest improvements wherever needed with changing business environment
Enforce 100% DOA compliance in all transactions undertaken at site
Partner with internal/external auditors in timely completion of audits and closure of open points

Simplification Drive simplification through automation and prepare SOPs to ensure activities are process driven and effective
Drive automation of reports through advanced IT platforms to reduce manual efforts and save time for other productive activities
Identify and drive areas of process simplification for the site to drive continuous improvement in delivery
Employee Engagement & Talent Partner in all finance initiatives towards improvement in employee engagement, hiring and performance management Responsible for working continuously towards improving employee engagement score
Hiring right talent to address Future Finance needs of the organization
Continuous performance management and improvement of associates


3. KEY INTERACTIONS :

Internal
Site Leadership Team
Central M&Q Finance & Technical Team
Internal Audit Team
Other Finance Function

External
External Auditors

4. DIMENSIONS:

Geography: 4 Units and 1 Central Utility
Production Volume: 1000+ crores
Opex Budget: 100 crores (for all 3 functions)

5. KEY DECISIONS:

Decisions & Recommendations

All site related matters with respect to opex and capex Continuous improvement in processes
People Performance rating and promotions



6. SKILLS & KNOWLEDGE:

Educational qualifications:
MBA or Chartered Accountant

Relevant experience:
Minimum 8-10 years of experience with strong financial and business acumen and strong action orientation, analytical Skills, interpersonal Skills, problem solving, influencing and negotiation skills

Interested candidates can drop their resume at catherine.coelho@ymail.com

Regards,
Catherine Coelho
Human Resources
Cipla Pharmaceuticals Ltd



Perks and Benefits 

As per Company Norms

Salary: INR 12,00,000 - 22,00,000 PA.

Industry:Pharma / Biotech / Clinical Research

Functional Area:Accounts, Finance, Tax, Company Secretary, Audit

Role Category:Senior Management

Role:Head/VP/GM-CFO/Financial Controller

Employment Type:Full Time, Permanent

Keyskills

Desired Candidate Profile

Please refer to the Job description above

Education-

PG:CA - Second Attempt, First Attempt

Company Profile

Cipla Ltd

Cipla is one of the most respected pharmaceutical companies not just in India but across more than 170 countries. Our portfolio includes 2000 products in 65 therapeutic categories with one quality standard globally. Cipla’s turnover in FY13 was 1.5 billion USD.
View Contact Details+

Recruiter Name:Ms. Catherine Coelho

Contact Company:Cipla Ltd

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