Assistant Finance Controller

Glanbia; Ahmedabad District; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Air-conditioned transport

Paid leave

Tea/Coffee & Canteen

Accident insurance

Bonus & gratuity

Training programs

Progressive work environment

Job summary

Scicore Nutra Private Limited (wholly owned subsidiary of Glanbia Nutritionals (Ireland)) invites applications for an Assistant Finance Controller to lead finance operations at our Sanand facility. The role covers books closing, fixed assets, costing, variance analysis, and governance across contracts, audits, and IFCs.

The candidate will manage budgeting, depreciation, subsidies, and product profitability, coordinating with R&D, Operations, and central finance teams to ensure robust financial

Qualifications

• Agile mindset and proactive approach.
• Self-starter with the ability to work independently.
• Tech-savvy with keen eye for process improvements.
• Strong time management and organizational skills.

Responsibilities

• A. Books closing and Balance Sheet Integrity
• B. Fixed Assets Accounting & Capital Governance
• C. Inventory Control
• D. Costing, Overheads & Profitability Analytics
• E. Subsidy Accounting & Claims (Government Schemes)
• F. Contract & Commercial Governance
• G. Internal Financial Controls (IFC) & Risk Management
• H. Audit (Internal & Statutory)
• I. Budgeting and Forecast

Skills

Agile

Self-starter

TechSavvy

Time management

Stakeholder Management

Job description

Scicore Nutra Private Limited (wholly owned subsidiary of Glanbia Nutritionals (Ireland)) is a state-of-the-art facility, located in Sanand Gujarat, dedicated to producing high-quality nutrition products that are safe, effective, and meet the highest standards of quality. Our team of experts is committed to ensuring that every product we manufacture is produced with the utmost care and attention to detail.

At our manufacturing unit, we use only the best raw materials and employ advanced manufacturing processes to ensure that our products are of the highest quality. We also adhere to strict quality control measures to ensure that every product meets our rigorous standards. This starts with doing a rigorous vendor qualification as well as testing of all raw materials supplied by these vendors for every batch. We do in-house stability studies to make sure our products last the full shelf life and give the best results to our customers.

Our goal is to provide our customers with nutraceutical products that promote health and wellness, and we are committed to using science-backed ingredients and formulations to achieve this goal. We are also committed to continuous innovation and improvement and are always looking for new ways to enhance our products and processes.

Role will be based atE-279, GIDC, Nr. Rasulpura Village, II, Bol, Sanand, Gujarat382170, India

Job Title: Assistant Finance Controller
Department:Finance & Accounts

Employment Type: Full Time, Permanent
Education As mentioned above

Key Skills

Agile, Self-starter, TechSavvy, Time management, Stakeholder Management.
Candidate is preferable from Big 4 firms, having Audit expertise or Pharmaceutical / Nutraceutical industry, having FP&A, Supply Chain Finance expertise.

Role & Responsibility

A. Books closing and Balance Sheet Integrity

• Prepare standalone financials for MIS and statutory reporting on monthly basis within timelines provided by central team.
• Conduct budget vs actual variance analysis, coordinating with departments for explanations and closure.
• Review and approve all material journal entries, including:
  • Accruals and provisions
  • Reclassifications and corrections
  • Estimates and judgment-based entries
• Enforce month-end book freeze after completion of all checks and reviews.
• Circulate accounting checklist confirming all the monthly activities.
• Prepare management review decks and discuss with Finance Controller.
• Provide details and coordinate with the 3rd party consultants for valuation reports.
• Periodic reconciliation of all balance-sheet accounts
• Review of ageing, nature, and recoverability
• Proactively identify and resolve long-outstanding, abnormal, or non-business balances.
• Ensure implementation of accounting policies, changes in accounting standards and accounting interpretation.
• Support drafting and review of financial statement schedules and notes.
• Create GL code based ensuring underlying annexures are signed by relevant authority.

B. Fixed Assets Accounting & Capital Governance

• Create and alter asset codes.
• Capitalize all capital expenditures post validation of approvals, Capitalization criteria and supporting documentation
• Account for asset disposals, retirements, impairments, and transfers with complete audit trail.
• Identify and retire idle, obsolete, or fully depreciated assets as per policy.
• Execute and review monthly depreciation runs (book & tax).
• Maintain and reconcile a complete Fixed Asset Register (FAR) with GL and physical assets.

C. Inventory Control

• Review inventory movement, valuation, and consumption reports for accuracy and completeness.
• Ensure periodic third-party physical verification and closure of discrepancies.
• Identify and elevate slow-moving, non-moving, and near-expiry inventory to Operations, Commercial, and R&D.
• Ensure appropriate provisioning for aged and obsolete inventory.
• Drive and track aged inventory liquidation plans, ensuring commercial action and accounting follow-through.
• Review and validate yield loss computations, investigate variances, and partner with Operations for root causes.

E. Costing, Overheads & Profitability Analytics

• Own standard cost computation and monthly updates.
• Identify margin variance vs budget at product level and discuss action plan with respective departments.
• Coordinate with R&D for:
  • Cost validation of new products / SKUs
  • Resolution of BOM or formulation discrepancies
• Prepare product margin forecasts, coordinating with Procurement for future price assumptions.
• Design and maintain overhead allocation methodologies across products and divisions.
• Review and analyze divisional, product, and customer profitability.
• Drive SKU rationalisation activity.
• Prepare Product cost reconciliation with Trial balance on monthly basis and identify reason for variances.
• Discuss with CFT to identify Productivity initiatives and track performance of productivity against plan.

F. Subsidy Accounting & Claims (Government Schemes)

• Prepare documentation and working papers for subsidy claims.
• Coordinate with consultants for timely filing, clarifications, and government interactions.
• Liaise with cross-functional and Group (Glanbia) teams to gather and validate supporting documents.
• Ensure correct accounting recognition, tracking, and reconciliation of subsidies received or receivable.

G. Contract & Commercial Governance

• Review key legal and commercial contracts from a finance, accounting, and statutory impact perspective.
• Own and maintain a central contract repository linked to accounting and disclosures.
• Track and ensure timely renewal of critical contracts.

H. Internal Financial Controls (IFC) & Risk Management

• Drive IFC testing, walkthroughs, and sample verification.
• Identify control gaps and failures; define and track corrective action plans.
• Strengthen internal controls based on audit findings, Operational changes or System enhancements.

I. Audit (Internal & Statutory)

• Provide auditors with reconciliations, schedules, working papers, and explanations.
• Track and close audit observations and management action points, ensuring no repeat issues.
• Work towards zero qualification and zero repeat observation outcomes.
• Identify opportunities for automation and control strengthening across systems and processes.
• Reduce manual, spreadsheet-driven processes through systemization and standardization.
• Develop and maintain SOPs, process flows, and control matrixs wherever required.

K. Budgeting and Forecast

• Prepare supporting files and computations for budget and forecast.

Benefits Provided

• Free Air-Conditioned Transportation to the Factory
• Paid Leave
• Tea/Coffee & Canteen Facility
• Accident Insurance
• Provision for Bonus & Gratuity
• Training programs for professional advancement
• Progressive work environments conducive to personal and professional growth