Assistant Manager - FP&A

Bharat Serums and Vaccines Limited; Navi Mumbai; On-site; INR 700,000 - 1,200,000; Full time

Job summary

A leading pharmaceutical company in Navi Mumbai is seeking an Associate for their Finance team. The role involves financial planning and analysis, revenue forecasting, and working capital management. Candidates should have 5-8 years of experience in FP&A and a working knowledge of the pharmaceutical industry is advantageous. This is a full-time position offering competitive remuneration.

Qualifications

• 5-8 years of experience in FP&A/Business Finance.
• Working knowledge in pharmaceuticals is advantageous.

Responsibilities

• Monitor monthly, yearly forecasts for alignment with budget.
• Revenue forecasting and tracking risks and opportunities.
• Manage working capital and receivables.
• Perform monthly/quarterly/yearly performance analysis.

Skills

Financial Planning and Analysis

Working proficiency in Microsoft Office

Experience in pharmaceutical industry

Tools

SAP

Advanced Excel

Job description

Overview

Direct message the job poster from Bharat Serums and Vaccines Limited

Responsibilities

• Monitor monthly, yearly forecasts for all departments to ensure alignment with forecast & budget
• Revenue forecasting and clearly highlighting and tracking the risks and opportunities
• Working capital management which includes Receivables management, Analysis of Slow- & Non-Moving material
• Credit Control Management, Credit Block release, FOC maintenance, Price maintenance, RC updation etc
• Support business in analysing impact of pricing regulations issued by respective regulatory authority
• Monitor monthly OPEX and cost control processes and report in case of budget variances and develop mitigation plans
• Liaison with functional heads on budget variances and financial trends and monitor spending of major spends like promotion, CFA commission, LA commission and Distribution expenses etc.
• Monthly/Quarterly/Yearly Performance analysis (Sales, Cost, Margin and overall P&L) against budget, forecast & LY and identifying variances and propose corrective actions.
• Preparation of data & presentation required for monthly Business review meetings, Management review meeting
• Review & Analyse business cases of new products
• Act as a strong link between Finance and commercial to provide holistic view and insights on the overall health of the business

Requisite for the role

• 5-8 years of experience in FP&A/Business Finance
• Working knowledge and experience in pharmaceutical is highly advantageous
• Working proficiency in Microsoft Office suite (including advanced excel) and ERP i.e SAP

Seniority level

• Associate

Employment type

• Full-time

Job function

• Finance
• Industries: Pharmaceutical Manufacturing