Associate Manager - Plant Finance

Zydus Medtech; Ahmedabad; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Zydus MedTech, located in Ahmedabad, is seeking an experienced plant finance professional to manage end-to-end accounting, cost control, and regulatory compliance for our MedTech manufacturing operations. The role requires CA with SAP FI/CO/PP/MM proficiency and a strong cost-management mindset.

Based in Matoda (Ahmedabad) with responsibility for plant finance, inventory valuation, and month-end closings, you will partner with operations, supply chain and engineering to drive cost efficiency and

Qualifications

• CA (1st Attempt) required with plant accounting exposure.
• Experience using SAP FI/CO/PP/MM in manufacturing environments.
• Strong costing, budgeting and MIS reporting skills.

Responsibilities

• Manage end-to-end plant accounting and cost management in SAP.
• Perform standard costing, variance analysis and gross margin analysis.
• Monitor inventory variances, stock movements and cost absorption.
• Lead month-end and year-end closings for costing and inventory.
• Coordinate with auditors and cross-functional teams for cost optimization.
• Prepare MIS reports, budget tracking and GST/tax compliance.
• Lead Capex ROI calculations and asset capitalization support.

Skills

SAP FI/CO/PP/MM

Cost accounting

Cross-functional coordination

Attention to detail

Excel & analytics

Education

CA (1st Attempt)

Tools

SAP

Job description

About Zydus Medtech

Building a Global MedTech Platform

Zydus MedTech is the dedicated medical technology platform of Zydus Lifesciences Limited, one of India's leading global life sciences organizations. Zydus MedTech is focused on building a differentiated global medical devices platform through innovation, manufacturing excellence, strategic partnerships, acquisitions, and talent.

Our ambition is to combine the agility of a high-growth MedTech company with the governance, scientific foundation, and scale of a global healthcare organization. We are making significant investments in products, technology, manufacturing, R&D, leadership capability, and international expansion to create a world-class medical technology enterprise.

About the Zydus Group

The Zydus Group is a fully integrated global life sciences organization with a strong presence across pharmaceuticals, biosimilars, vaccines, wellness, diagnostics, and medical devices. The Group is recognized for research-driven innovation, global regulatory compliance, and sustainable growth.

Strategic Growth Journey of Zydus MedTech

Zydus MedTech is pursuing a deliberate strategy to build a diversified medical technology platform across multiple high-growth segments.

2024

• Expanded into Interventional Cardiology.
• Entered into a strategic partnership with Braile Biomedica, Brazil, to strengthen capabilities in Structural Heart therapies.

2025

• Acquired Amplitude Surgical SA, France, a leading orthopaedic company focused on lower-limb solutions.
• Launched advanced robotic and technology-enabled solutions.
• Established a dedicated R&D centre focused on complex electromechanical and next-generation medical device innovations.

2026 and Beyond

• Expanding presence across international markets.
• Building a broader portfolio through a combination of internal innovation, strategic partnerships, and acquisitions.
• Investing in manufacturing capacity and technology platforms to support long‑term global growth

Manufacturing, R&D and Global Footprint

Zydus MedTech is investing in modern manufacturing and innovation infrastructure designed to meet global quality and regulatory standards.

Current footprint includes:

• Global Headquarters - Ahmedabad, India
• MedTech Manufacturing Facility - MedTech Park, Matoda, Gujarat
• Manufacturing Facility - Surat, Gujarat
• Amplitude Surgical Manufacturing Operations - France
• Advanced R&D Centre - Ahmedabad
• Upcoming Greenfield Manufacturing Investments focused on future medical device platforms

People, Culture & Values

People are at the center of Zydus MedTechs success. The organization fosters a culture of integrity, collaboration, learning, accountability, and safety, ensuring a compliant and inclusive work environment.

We value leaders who:

• Take ownership.
• Move with pace and discipline.
• Build strong teams.
• Challenge the status quo.
• Drive outcomes.
• Operate with integrity and transparency.
• Maintain an unwavering commitment to quality and patient outcomes.

Sustainability & Governance

Zydus MedTech is committed to sustainable and responsible growth through strong governance, ethical business practices, environmental stewardship, and health & safety excellence.

Our Vision

Our vision is to build a globally respected medical technology organization known for innovation, quality, clinical impact and operational excellence. With the backing of Zydus Lifesciences and continued investment in talent, R&D, manufacturing and acquisitions, Zydus MedTech is positioned for sustained long-term growth.

Company website

https://www.zydusmedtech.com/

https://zyduslife.com/

Location: Manufacturing Plant [Matoda - Ahmedabad]

Department: Finance & Accounts

Experience: 46 Years

Qualification: CA (1st Attempt)

System Requirement: SAP (FI/CO/PP/MM) knowledge is mandatory

Role Summary

Responsible for end-to-end plant accounting, cost management, and financial control activities, ensuring compliance with company policies and industry regulations. This role drives cost efficiency, supports pricing decisions, and provides insights for operational improvement in a MedTech manufacturing environment.

Key Responsibilities

Manage day-to-day plant finance operations including accounting, inventory valuation, and month-end closings in SAP.

• Prepare and analyze standard costing, variance reports, and gross margin analysis.
• Monitor and analyzed inventory variances, yield, and cost absorption.
• Track production costs and stock movements through SAP modules.
• Prepare cost records and get the cost audit done within timeline.
• Verify BOM/BOQ and recipe for cost estimate in SAP
• Lead month-end and year-end closing for Costing and inventory valuation
• Coordinate with internal and external auditors on costing and inventory audits
• Coordinate with operations, supply chain, and engineering teams for cost optimization.
• Support management with MIS reporting, budget tracking, and cost-benefit analysis.
• Ensure statutory compliance with GST, TDS, and cost accounting standards.
• Lead Quarterly Physical Verification of Inventory and ensure compliance of internal guidelines
• Co-ordinate with internal and statutory audit for plant related matters.
• Lead fixed asset verification and help in capitalization.
• Capex ROI calculation as and when required

Skills & Competencies

• Strong understanding of manufacturing cost structures and cost control mechanisms.
• Mandatory proficiency in SAP (FI/CO/PP/MM modules)
• Advanced Excel and analytical skills.
• Strong communication and cross-functional coordination abilities.
• High attention to detail, analytical ability, and eagerness to learn.