Finance and Accounts Executive

Promea Therapeutics; Hyderabad; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Promea Therapeutics in Hyderabad is looking for an experienced Accounts and Finance Manager to manage the financial operations of the company. The role involves overseeing daily accounting activities, ensuring regulatory compliance, and preparing financial statements.

The ideal candidate should have a background in Accounting or Finance with at least 2-5 years of experience, preferably in the Pharma industry. Strong knowledge of accounting software and Indian tax laws is essential for success in this position.

Qualifications

• Minimum 2-5 years of finance and accounting experience, preferably in Pharma.
• Proven experience in project finance and cost control.
• Strong understanding of compliance frameworks relevant to Pharma.

Responsibilities

• Manage daily operations of the Accounting department.
• Prepare monthly and annual financial statements and budgets.
• Ensure compliance with GST, TDS, Income Tax, and other regulations.
• Lead and manage a team of finance professionals.

Skills

Accounting software like Tally and SAP

Strong understanding of Indian tax laws

Financial reporting

Cost control

Strong communication skills

Education

Bachelors or Masters in Accounting, Finance

MBA (Finance) or CMA

Tools

ERP systems

MS Excel

Financial modelling tools

Job description

Overview

We are seeking an experienced and proactive Accounts and Finance Manager to manage the daily financial operations of our Pharma company in Hyderabad. The ideal candidate will have good knowledge of Accounting software like Tally, SAP & other statutory compliance related (GST & TDS) budgeting, and cost control.

Key Responsibilities

• Manage and oversee the daily operations of the Accounting department including Accounts Payable/receivables, Fixed Assets, Bank reconciliations and General Ledger.
• Lead the Finance & Accounts function, ensuring accurate and timely financial reporting in compliance with Indian statutory laws and internal policies.
• Prepare monthly, quarterly, and annual financial statements, budget forecasts, MIS reports, and variance analyses.
• Oversee and control project cash flows, working capital, and fund management to ensure optimal liquidity for operations.
• Supervise compliance with GST, TDS, Income Tax, PF, ESIC, Labour Cess, and other regulatory requirements under Indian law.
• Coordinate with statutory auditors, tax advisors, banks, and government authorities.
• Implement or upgrade ERP/accounting systems for efficient project and finance management.
• Ensure and coordinate for timely vendor payments, client invoicing, collection follow-ups, and reconciliations.
• Prepare reports for board meetings and participate in strategic financial planning and risk management.
• Lead and manage a team of finance professionals and accountants across project sites and the corporate office.

Education & Experience

• Bachelors or Masters degree in Accounting, Finance or related fields. Candidates with additional qualifications like MBA (Finance) or CMA will be preferred.
• Experience: Minimum 2-5 years of finance and accounting experience, preferably in a Pharma industry.
• Proven experience in project finance, cost control & Indian tax laws.
• Strong understanding of Indian regulatory and compliance frameworks relevant to Pharma industry.
• Proficient in ERP, MS Excel, and financial modelling tools.
• Strong communication and stakeholder management skills.