Financial Accountant - Hybrid (Permanent)

Azurity Pharmaceuticals; Hyderabad; On-site; INR 900,000 - 1,500,000; Full time

Job summary

Azurity Pharmaceuticals in Hyderabad is seeking a Senior Specialist, Inventory Accounting to join the onsite team five days a week. You will own stock movements, cost verification, journal entries and inventory reporting to support decision making.

The role requires CA/CWA or commerce with MBA with extensive experience, knowledge of US GAAP, and proficiency with Oracle Fusion and Excel. You will collaborate with Commercial, Legal, Accounting and FP&A to ensure accurate data and compliant

Qualifications

• CA/CWA with 4-6 years of experience or a Commerce graduate/MBA with at least 12+ years
• Pharmaceutical industry experience is a plus
• Working knowledge of US GAAP
• Experience with Oracle Fusion preferred
• Strong PC skills including Excel, Word, PowerPoint, Outlook and financial accounting systems

Responsibilities

• Track and analyze stock movements, purchases and consumption
• Maintain inventory records in Financial System
• Verify system computed inventory costs using standard accounting methods
• Analyse cost variances and report discrepancies
• Assist in setting and monitoring standard costs for inventory items
• Prepare and review inventory related journal entries
• Ensure compliance with accounting principles in inventory valuation
• Generate inventory reports for management and auditors
• Ensure adherence to company policies and accounting regulations

Skills

Analytical thinking

Attention to detail

Communication and collaboration

Handling conflicting demands

Education

CA/CWA with 4-6 years of experience

Commerce graduate/MBA with 12+ years of experience

Tools

Oracle Fusion

Excel

Microsoft Office

Job description

Senior Specialist, Inventory Accounting Hyderabad Office (Onsite 5 days a week)

The Azurity Accounting Team is searching for an Inventory Accounting Senior Specialist to join the team as we build out best-in-class finance processes and ensure quality information is available for decision making. This person needs to be a go-getter who can take ownership of their areas.

The Inventory Accounting Sr Specialist needs to build relationships with Commercial, Legal, Accounting to ensure information flows from the business to Accounting and then to FP&A. When issues arise, this person should be ambitious, ready to dig in to determine root cause and the path forward.

Role and Responsibilities

• Track and analyze stock movements, purchases and consumption
• Maintain inventory records in Financial System
• Verify system computed inventory costs using standard accounting methods
• Analyse cost variances and report discrepancies
• Assist in setting and monitoring standard costs for inventory items
• Prepare and review inventory related journal entries
• Ensure compliance with accounting principles in inventory valuation
• Generate inventory reports for management and auditors
• Ensure adherence to company policies and accounting regulations

Qualifications and Education Requirements

• CA/CWA with 4-6 years of experience or a Commerce graduate/MBA with at least 12+ years of experience
• Pharmaceutical industry experience is a plus
• Working knowledge of US GAAP
• Experience with Oracle Fusion preferred
• Strong PC skills including proficiency with Microsoft Office products (Excel, Word, PowerPoint, Outlook) and financial accounting systems

Preferred Skills

• Strong analytical skills, accuracy, and attention to detail are a must
• Strong analytical skills, able to identify and interpret trends and improve financial forecasting
• Team player, with exceptional interpersonal skills, able to work with a diverse and broad range of stakeholders across the organization
• Ability to work flexibly with conflicting demands so that work is scheduled to meet changing priorities and deadlines. .