Manager 2 - IT Financial Lead

SUN PHARMA; Mumbai; On-site; INR 3,000,000 - 5,200,000; Full time

Job summary

Sun Pharma invites an experienced IT Finance Lead to join our global IT and finance teams. You will oversee vendor governance, IT budgeting, procurement processes, and contract administration to ensure disciplined financial operations across the IT landscape.

You will analyze IT spend, support cost optimization, and deliver data-driven insights using Excel, SAP, SAP BW and Power BI. Travel and global scope may apply as part of vendor interactions.

Qualifications

• BSc Commerce or graduate in any discipline.
• Experience: 10-12 years in IT finance, vendor management.
• Strong Excel skills including Pivot, VLOOKUP/XLOOKUP.

Responsibilities

• IT budget management and financial control across IT infra.
• Vendor governance and invoice/payment coordination.
• Processing PR/PO and tracking commercial transactions.
• Maintain contract records and monitor renewal milestones.
• Support cost allocation and chargeback activities.
• Prepare MIS dashboards in SAP, SAP BW, and Power BI.

Skills

IT governance

Procurement processes

Vendor management

Excel proficiency

Budget tracking

Power BI

Education

BSc Commerce

Tools

SAP

SAP BW

Power BI

Job description

Job Description:

Job Summary / Areas Of Responsibility

At Sun Pharma, we commit to helping you “Create your own sunshine”— by fostering an environment where you grow at every step, take charge of your journey and thrive in a supportive community.

Are You Ready to Create Your Own Sunshine?

As you enter the Sun Pharma world, you’ll find yourself becoming ‘Better every day’ through continuous progress. Exhibit self-drive as you ‘Take charge’ and lead with confidence. Additionally, demonstrate a collaborative spirit, knowing that we ‘Thrive together’ and support each other’s journeys.

The Manager - IT Finance Lead will support the effective management of IT vendors, commercial operations, procurement processes, budgets and contracts. The role will work closely with Infra IT teams, Procurement, Finance and vendors, ensuring disciplined execution of PR/PO processes, vendor governance, budget tracking, contract administration, invoice/payment coordination, financial reporting and management MIS.

The role will also analyze IT expenditure, support cost-optimization initiatives, maintain vendor and contractual governance, and provide data-driven insights for IT decision-making.

Responsibilities

IT Budget Management, Financial Control, Invoice & Payment Coordination

• Coordinate the IT Infra budgeting process with relevant IT tower leads and Finance.
• Support annual IT Infra budget planning and consolidation.
• Perform budget variance analysis and highlight significant deviations to relevant stakeholders.
• Maintain appropriate visibility of IT Infra expenditure and committed spend. (Actual vs Spend)
• Support financial governance of IT transactions and prepare periodic budget reports for management reviews.
• Coordinate with relevant stakeholders on vendor invoicing and payment matters.
• Track invoices and associated commercial transactions through the vendor lifecycle.
• Assist in resolving issues affecting invoice/payment processing.
• Work with IT teams, Procurement, Finance and vendors for timely issue resolution.

IT Vendor Management & Governance

• Manage day-to-day governance activities across the IT vendor lifecycle.
• Work closely with IT stakeholders, Procurement, Finance and vendors to resolve operational and commercial issues.
• Maintain appropriate vendor-management information required for governance activities.

Purchase Requisition, Purchase Order & Commercial Operations

• Coordinate creation and processing of Purchase Requisitions (PR), Purchase Orders (PO) and Rate Contracts (RC) through applicable ERP/procurement systems.
• Work with IT teams and Procurement to support timely completion of commercial transactions.
• Track requirements through the Requirement -> PR -> PO -> Delivery lifecycle.
• Maintain visibility of open commercial transactions and follow up with relevant stakeholders for closure.
• Support appropriate documentation and governance of IT commercial transactions.
• Coordinate commercial requirements with IT stakeholders and Procurement.

Contract Management

• Maintain visibility of IT service agreements/PO.
• Monitor contractual milestones and renewal requirements.
• Maintain appropriate contract records and MIS and evolve contractual risks or delays requiring management intervention.

Cost Allocation & Chargeback Support

• Support IT cost-allocation and chargeback activities across relevant entities.
• Work with Finance and other stakeholders to assist with appropriate cost allocation.
• Maintain supporting data required for chargeback reporting and analysis.
• Assist with reconciliation and reporting of allocated IT costs.

Reporting, MIS & Analytics

• Prepare regular management MIS and dashboards covering IT commercial and vendor-management activities.
• Provide accurate information to facilitate management decision-making.
• Use relevant reporting platforms, including SAP, SAP BW and Power BI, where applicable.
• Analyze information and highlight key exceptions, financial variances and issues requiring management attention.
• Support structured reviews with internal stakeholders and vendors.

Travel Estimate: NA

Internal Interactions (within the organization)

Commercials team, IT Infrastructure Teams, Finance

External Interactions (outside the organization)

Vendors, Vendor Payment team (Outsourced Partner)

Geographical Scope

Global

Job Requirements

Educational Qualification

BSc Commerce or Graduate in any discipline.

Specific Certification

NA

Experience

10-12 Years

Skill (Functional & Behavioural)

IT commercial management, Procurement processes, Ability to follow, manage and improve structured processes supporting efficient IT commercial and vendor operations. Ability to coordinate effectively across IT, Procurement, Finance and vendor organizations. Proactive approach to resolving operational, commercial and cross-functional issues. Advanced proficiency in Microsoft Excel including Pivot Tables, VLOOKUP/XLOOKUP, MS Office, Power Query, budget tracking, variance analysis, and dashboard creation.

Your Success Matters to Us

At Sun Pharma, your success and well-being are our top priorities! We provide robust benefits and opportunities to foster personal and professional growth. Join us at Sun Pharma, where every day is an opportunity to grow, collaborate, and make a lasting impact. Let’s create a brighter future together!

Disclaimer: The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees as assigned to this job. Nothing herein shall preclude the employer from changing these duties from time to time and assigning comparable duties or other duties commensurate with the experience and background of the incumbent(s).