*COGS & Intercompany Manager

Pharmanovia; Maharashtra; On-site; INR 1,200,000 - 2,200,000; Full time

Benefits offered by this job

Competitive salary

Career development

Inclusive culture

Job summary

Pharmanovia is seeking a COGS & Intercompany Manager to ensure accurate COGS, inventory, and intercompany reporting across the Group. You will lead cost accounting, gross margin analysis, and intercompany reconciliations while partnering with global finance teams to strengthen controls and drive continuous improvement.

The role requires 8+ years in management accounting within manufacturing or multinational settings, with ERP proficiency (SAP/Oracle) and strong analytical skills.

Qualifications

• Degree in Finance, Accounting, Business or related field or equivalent experience.
• Professional certification such as CA, CMA, or equivalent.

Responsibilities

• Lead monthly, quarterly, and annual reporting of COGS and gross margin across the Group.
• Ensure accurate accounting of inventory movements, cost allocations, provisions and other direct costs.
• Own month-end close activities relating to COGS, including accruals, provisions, and reconciliations.
• Deliver detailed analysis of gross margin performance against budget, forecast, and prior year.
• Investigate cost variances and provide recommendations to improve profitability.
• Support pricing, procurement, and operational teams through margin and cost analysis.
• Own intercompany accounting and reconciliation processes across entities.
• Coordinate intercompany balance confirmations and resolve reconciling items.
• Drive timely settlement of intercompany balances and minimize aged differences.
• Oversee intercompany elimination for Group consolidation.
• Partner with regional finance teams to improve intercompany reporting.
• Support Group Reporting during close cycles.
• Maintain robust controls over inventory, cost accounting, and intercompany processes.
• Ensure IFRS compliance and internal control requirements.
• Support internal and external audit activities.
• Identify financial risks and implement corrective actions.

Skills

COGS management

Intercompany

ERP systems

Excel advanced

Financial analysis

IFRS knowledge

Team leadership

Detail-oriented

Communication skills

Deadline driven

Education

CA / CMA preferred

Finance degree

Tools

SAP

Oracle

MS Excel

Job description

We are seeking a COGS & Intercompany Manager responsible for the accuracy, completeness, and integrity of Cost of Goods Sold (COGS), inventory, and intercompany reporting across the Group. The role provides leadership over cost accounting, gross margin analysis, inventory controls, intercompany reconciliations, and consolidation support to ensure high-quality financial reporting and compliance with Group accounting policies. Working closely with Group Finance, Supply Chain, Operations, Commercial Finance, and regional finance teams, the role delivers financial insight, strengthens controls, and drives continuous improvement across reporting processes.

Key Responsibilities

• Lead the monthly, quarterly, and annual reporting of COGS and gross margin performance across the Group.

• Ensure accurate accounting of inventory movements, cost allocations, provisions and other direct costs.

• Own month-end close activities relating to COGS, including accruals, provisions, and reconciliations.

• Deliver detailed analysis of gross margin performance against budget, forecast, and prior year.

• Investigate significant cost variances and provide recommendations to improve profitability.

• Support pricing, procurement, and operational teams through margin and cost analysis.

• Own the Group's intercompany accounting and reconciliation processes.

• Ensure accurate recording and reporting of intercompany transactions across all legal entities.

• Coordinate monthly intercompany balance confirmations and resolution of reconciling items.

• Drive timely settlement of intercompany balances and minimise aged differences.

• Oversee intercompany elimination activities to support Group consolidation.

• Partner with regional finance teams to improve the quality and accuracy of intercompany reporting.

• Support Group Reporting during month-end, quarter-end, and year-end close cycles.

• Maintain robust financial controls over inventory, cost accounting, and intercompany processes.

• Ensure compliance with IFRS, Group accounting policies, and internal control requirements.

• Support internal and external audit activities.

• Identify financial risks and implement corrective actions where necessary.

• Ensure all balance sheet accounts relating to inventory, COGS, and intercompany balances are fully reconciled and appropriately supported.

Qualifications

• Degree in Finance, Accounting, Business or a related field, or equivalent relevant experience.

• Professional certification such as CA, CMA, or equivalent

Required Skills

• 8+ years of experience in management accounting, COGS and intercompany preferably, in a manufacturing or multinational environment.

• Strong technical knowledge of accounting principles and practices.

• Proven track record of being a proactive and engaged team player

• Proficiency in ERP systems (SAP, Oracle, etc.)

• Excellent with MS Office suite, advanced MS Excel

• Attention to detail and highly organised

• Excellent analytical and problem-solving abilities

• Exceptional communication and interpersonal skills

• Flexibility when working to deadlines

• Ability to adapt to change and drive continuous improvement initiatives

• To be approachable, helpful & flexible in attitude at all the times

• High level of integrity and professionalism

What we offer (benefits & career development)

• Competitive salary and benefits package.

• Opportunities to develop finance expertise and contribute to process improvement initiatives.

• An inclusive workplace culture that supports collaboration and work-life balance.

We are an equal opportunities employer and welcome applications from candidates of all backgrounds.