Senior Factory Finance Accountant

Cipla; Bengaluru; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Cipla is seeking a Lead - Financial Planning and Analysis (FP&A) for Indore operations to manage budgeting, MIS reporting, and financial controls at the site. The role partners with Units I and III to support PRs, CERs, capex decisions, and vendor payment processes.

The position requires CA qualification with 2–5 years of manufacturing finance experience, strong knowledge of general ledger processes, SAP Hana, regulatory compliance, and statutory reporting.

Qualifications

• CA with strong grasp of regulatory compliance and financial reporting requirements.
• 2-5 years of manufacturing finance experience across multiple finance verticals and complex operations.
• Experience with general ledger functions and month-end/year-end close processes.
• Proficiency with SAP (Hana) and related financial systems.
• Knowledge of indirect taxation and accounting standards is required.

Responsibilities

• Lead FP&A activities for site-level budgeting, MIS, and month-end reporting.
• Act as business partner for Units I and III, evaluating PRs and CERs and capex proposals.
• Manage Opex and close processes, tracking provisions and allocating costs.
• Coordinate with CER, FSS, and auditing teams to ensure compliance and timely payments.
• Support internal audits and ensure adherence to DOA and IFC controls.
• Interact with site leadership, central finance, and statutory/internal auditors.

Skills

Regulatory compliance

Statutory reporting

Accounting standards

Indirect taxation

Education

CA

Tools

SAP Hana

Job description

This position is for Lead - Financial planning and Analysis (FPnA) for Indore site, responsible for managing overall financial activities of Unit (like budgeting, MIS reporting etc.) and ensuring adequate controls at site . Additionally, person will be responsible as a business partner for Unit I and III (assisting units for PR, CER and other Financial matters).

Key Accountabilities (1/6)

FP&A activities for Indore Operations

• Budget controller at site level (Mfg., quality and Admin)
• Monthly Reporting of expenses (head wise)
• Budget preparation activity
• Trend analysis, data analytics and review of expense G.Ls.
• Monthly meeting with SLT team for updates
• Reporting reason/justification for Budget Overrun

Key Accountabilities (2/6)

Business Partnering with Unit I and III for all relevant support required

• Evaluation and Approval of Purchase Requisitions (PRs) and Capex Expenditure Requisitions (CERs)
• Evaluation of Product Transfer Proposal
• Support and coordination with FSS for Payment
• Resolution of Vendor’s queries of Invoice booking/payment
• Coordination for other requirements like Inventory, WIP, Audit etc

Key Accountabilities (3/6)

Manage Opex Activities and closing activities

• Provision tracking and controlling every month for accurate reporting.
• Cost correction and allocation entries.
• Expense dump tagging and MPR preparation.
• Support and coordination with CER Support Team for User specific requirements
• Opex Budget Activities
• Response to Auditor’s Queries for Capex

Key Accountabilities (4/6)

Controllership and Compliances for Indore Operations

• Controllership and Governance on Financial and accounting aspect.
• Handing Internal audits at site and final closure
• IFC controls implementation and adherence
• Adherence to DOA
• Verification of Measurement sheet on monthly basis to keep control and rigour

Key Accountabilities (5/6)

Key Accountabilities (6/6)

• Prioritization of tasks and smooth operations - Overcome by putting in extra work hours & planning
• Managing complexity, multiple stakeholders - Overcome by solving thing in a structured manner

Key Interactions (1/2)

• Site Head
• Central Mfg team
• Corporate Finance team
• Legal Team
• Internal Audit Team
• IT team
• Taxation
• Costing
• BU finance
• Capacity Planning

Key Interactions (2/2)

• Statutory Auditors
• Internal Auditors
• External vendorsConsultants – Statutory & project related

Dimensions (1/2)

Dimensions (2/2)

Key Decisions (1/2)

Month end Opex provisioning

Approve Unit level PR and CER as a Business Partner

Unit related Payment issues

Key Decisions (2/2)

Recommendations for > Rs 25 lacs capex proposals

Recommendations for budget escalations & key critical spends > Rs 5 lacs opex

Education Qualification

CA

• 2-5 years of manufacturing finance experience across different Finance verticals handling similar size operations & complexities
• Experience with general ledger functions and the month-end/year end close process,
• Well verse with SAP (Hana)
• Sound knowledge on regulatory compliance, statutory reporting, Accounting standards, Indirect taxation