Biocon – Vice President – Corporate Finance

Biocon Biologics; Bengaluru; On-site; INR 2,000,000 - 3,000,000; Full time

Job summary

A leading biotechnology firm in Bengaluru seeks a Corporate Head of Finance to oversee financial strategy and operations. The ideal candidate should have a Master’s degree in finance or a related field, along with a minimum of 10 years of leadership experience in finance. Responsibilities include financial reporting, compliance, and investor relations, along with ensuring successful treasury functions and governance practices.

Qualifications

• Minimum 10 years of progressive experience in finance leadership roles.
• Proven track record in overseeing diverse financial operations.
• Extensive knowledge of financial regulations including IFRS and GAAP.

Responsibilities

• Oversee the preparation and accuracy of financial statements and forecasts.
• Lead the finance shared services team to enhance operational efficiency.
• Develop and implement tax strategies to optimize the organization's tax position.
• Manage the organization’s treasury operations including cash management.
• Develop and maintain strong relationships with investors and stakeholders.
• Lead the budgeting and forecasting processes to ensure financial objectives.
• Prepare and present financial reports and strategic recommendations to the board.
• Establish and maintain financial governance frameworks and policies.

Skills

Leadership skills

Financial management

Strategic vision

Communication skills

Education

Master’s Degree in finance or related field

CPA or CFA designation

Job description

Position Summary:

The Corporate Head of Finance at BBL will be responsible for overseeing the financial strategy and operations of the organization. This role will lead key functions including accounts, finance shared services, tax, treasury, investor relations, financial planning and analysis (F&P), and board support. The ideal candidate will possess strong leadership skills, strategic vision, and a comprehensive understanding of financial management principles.

Key Responsibilities:

• Accounts and Financial Reporting: Oversee the preparation and accuracy of financial statements, reports, and forecasts. Ensure compliance with accounting standards and regulatory requirements. Implement best practices in financial reporting and internal controls.
• Finance Shared Services: Lead the finance shared services team to enhance operational efficiency. Streamline processes related to accounts payable, receivable, and payroll. Drive the adoption of financial technologies to improve service delivery.
• Tax Management: Develop and implement tax strategies to optimize the organization’s tax position. Ensure compliance with all tax regulations and manage relationships with tax authorities. Oversee tax planning, reporting, and audits.
• Treasury Functions: Manage the organization’s treasury operations, including cash management, funding, and investments. Develop strategies for liquidity management and risk mitigation. Monitor financial markets to inform investment decisions.
• Investor Relations: Develop and maintain strong relationships with investors and stakeholders. Prepare and present financial performance reports to the board and investors. Communicate the organization’s financial strategy and performance effectively.
• Financial Planning and Analysis (F&P): Lead the budgeting and forecasting processes to ensure financial objectives are met. Analyze financial performance and provide actionable insights to senior management. Support strategic decision-making through comprehensive financial analysis.
• Board Support: Prepare and present financial reports and strategic recommendations to the board. Collaborate with board members to align financial strategies with organizational goals. Ensure effective communication between the finance team and the board.
• Governance: Establish and maintain financial governance frameworks and policies to ensure compliance and transparency. Monitor adherence to corporate governance standards and best practices. Collaborate with legal and compliance teams to mitigate risks and enhance organizational integrity.

Background & Experience Required:

• Educational Background: Master’s Degree in finance, Accounting, Business Administration, or a related field is essential. CPA (Certified Public Accountant) or CFA (Chartered Financial Analyst) designation is highly preferred.
• Leadership Experience: A minimum of 10 years of progressive experience in finance leadership roles, ideally within large organizations or corporations.
• Financial Operations: Proven track record in overseeing diverse financial operations, including accounts, financial reporting, tax management, treasury functions, and financial planning and analysis.
• Sector Knowledge: Familiarity with the industry in which BBL operates (e.g., pharmaceuticals, Biotechnology, manufacturing) is advantageous.
• Regulatory Compliance: Extensive knowledge of relevant financial regulations, including IFRS, GAAP, and tax compliance laws.

Behavioural / Management / Other Skills:

• Ability to make decisions, appropriately balancing risks versus impact.
• Strong leadership skills, able to get the buy-in of multiple stakeholders.
• Ability to work under pressure and cope with multiple priorities.
• Ability to drive change throughout an organization, overcoming resistance and barriers.
• Outstanding communication of information and ideas, both written and verbal, to diverse audiences.