Revenue Assurance Lead Finance

Biocon Biologics; Bengaluru; On-site; INR 1,000,000 - 1,500,000; Full time

Job summary

Biocon Biologics is looking for a Finance professional with over 6 years of experience to support decision-making through financial reporting and analysis. The role involves leading finance projects, managing financial activities, and ensuring compliance with accounting regulations.

The ideal candidate should be a Chartered Accountant with experience managing a team. Proficiency in SAP and strong analytical skills are preferred. This is an opportunity to contribute significantly to various finance functions within a leading biosimilars organization in Bengaluru, India.

Qualifications

• 6+ years of experience preferred.
• Experience managing a team of 5+.
• Hands-on experience with SAP is an advantage.

Responsibilities

• Financial reporting and analysis for stakeholder support.
• Lead special finance projects and manage centralized finance system.
• Ensure timely closure of revenue recognition activities.
• Monthly closure activities including revenue and receivables.
• Manage receivables, dispute resolution, and collections.
• Develop relationships with banks and payment gateways.
• Coordinate with reporting teams for monthly and yearly MIS.
• Liaise with statutory and tax auditors.
• Monitor actual costs vs budget for support functions.
• Support compliance with regulatory/audit requirements.
• Collaborate with onshore and offshore finance teams.
• Track and account for fixed assets and depreciation.

Skills

Technical accounting guidance

Analytical skills

MS Excel

MS PowerPoint

Excellent Communication Skills

Networking skills

Flexibility

Time management

Education

Chartered Accountant

Tools

SAP

Job description

Biocon Biologics is a fully-integrated ‘pure play’ biosimilars organization globally committed towards transforming patient lives through innovative and inclusive healthcare solutions. It is engaged in developing high-quality, affordable biosimilars aimed at expanding patient access to cutting‑edge class of therapies across the world. Biocon Biologics is a subsidiary of Biocon Ltd, an innovation‑led global biopharmaceuticals company and India’s first publicly listed biotech enterprise. Biocon Biologics has one of the largest biosimilars portfolios, a wide global footprint, state‑of‑the‑art manufacturing facilities, world‑class R&D ecosystem, and high‑quality & compliance standards, enabling it to fulfil unmet needs of patients across the globe. With the scientific capabilities, scale of manufacturing, large product pipeline, strong talent pool and expertise in developing and commercialising biologics, the company aims to serve millions of patients through its biosimilar.

About the Role

We believe in creating a team that is not only best in class and sets new benchmarks but more importantly understands that a TEAM means Together Everyone Achieves More. At Biocon Biologics, Finance is one of the major pillars and an essential ingredient to a successful business.

Responsibilities

• Financial reporting and analysis to various stakeholders to support decision making
• Strategic partner to business and other leaders in the group with insightful business and finance inputs relating to key business decisions
• Lead special finance projects, manage the centralised financed system with an ambition to further automate processes
• Ensure timely closure of activities related to revenue recognition with utmost accuracy
• Monthly books closure activities including reporting of Revenue, Receivables, Capex and other MIS
• Review of receivables management, ensuring timely collection, dispute resolution by coordinating with internal and external stakeholders
• Developing relationships with banks, payment gateways for latest functionalities at competitive cost
• Co‑ordinate, review and provide support through appropriate inputs to the reporting teams for the monthly/quarterly and yearly MIS reporting
• Co‑ordination with statutory and tax Auditors
• Tracking actual cost v/s Budget for support functions
• Liaise with third party accounting, tax service providers and other consultants on local regulatory/accounting/audit compliances
• Work with onshore and offshore finance team reporting within Biocon Biologics group, to monitor all transactions and ensure the smooth running of day‑to‑day accounting operations
• Creating process around fixed assets tracking and tagging, accounting for the same including depreciation and write‑offs
• Develop and maintain sound internal control system in finance reporting processes
• Consolidating Support function budget and tracking against actuals.

Qualifications

• Experience – 6+ years of experience.
• Qualification – Chartered Accountant preferably with Big4 experience
• Should be able to manage a team of 5+
• Hands‑on experience with SAP will be an added advantage

Required Skills

• Ability to understand and effectively apply technical accounting guidance for Revenue and Capex accounting
• Excellent analytical skills
• Proficient in MS Excel and PowerPoint
• Excellent Communication Skills (Written & Oral) and Networking skills
• Flexibility & open mind to look at dynamic and ever‑changing business environment and needs
• Time management & ability to prioritize work / Multitasking