Senior Manager - Costing

Sun Pharmaceutical Industries, Inc.; Mumbai; On-site; INR 1,800,000 - 2,400,000; Full time

Job summary

Sun Pharmaceutical Industries Ltd invites a senior finance professional to join Global Finance and Accounts in Mumbai. The role centers on product costing, budgeting, regulatory reporting, inventory valuation, cost audit, and automation initiatives across Anaplan, Power BI and SAP BW.

8+ years of experience, strong analytical and interpersonal skills, and the ability to collaborate with R&D, manufacturing and commercial teams to drive cost optimization and timely financial insights.

Qualifications

• 8+ years of experience in finance and costing.
• Experience with regulatory reporting and cost audits.
• Familiarity with Anaplan, Power BI and SAP BW.

Responsibilities

• Product costing and variance analysis with COGS insights.
• Budgeting and financial planning using Anaplan and related tools.
• Regulatory compliance reporting for cost data and NPPA requirements.
• Inventory valuation and monthly/quarterly categorization exercises.
• Cost audit preparation, reconciliation and reporting.
• Automation initiatives and BRD documentation for process improvements.

Skills

Analytical skills

Interpersonal skills

Financial analysis

Cross-functional collaboration

Tools

Anaplan

Power BI

SAP BW

Job description

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Company: Sun Pharmaceutical Industries Ltd

Job Title:

Business Unit:

Global Finance and Accounts

Job Grade

Location:

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."

Key responsibilities:

1. Product Costing & Analysis

• Perform API actual costing, including detailed trend and variance analysis.
• Compute and validate COGS (Cost of Goods Sold) and communicate insights to stakeholders such as Business Development and Marketing teams.
• Handle R&D product costing and periodically update transfer pricing.
• Conduct PUP rate analysis on a monthly basis for ML runs.
• Track solvent and metal recovery, including valuation and performance monitoring.
• Drive Life Cycle Management (LCM) costing, coordinating with R&D and plant teams.

2. Budgeting & Financial Planning

• Manage budget preparation in Anaplan tool.
• Prepare budget cost sheets, including detailed overhead planning.
• Perform variance analysis and provide actionable insights for cost optimization.

3. Regulatory & Compliance Reporting

• Handle CAS-4 / PLI working, including submission of raw material cost break-ups (local vs. imported) as per government regulations on a quarterly basis.
• Prepare and submit RoDTEP annual returns in compliance with prescribed requirements.
• Manage NPPA-related activities, including responding to queries and submitting production, cost, sales, and quantitative data.

4. Inventory Management & Valuation

• Perform monthly and quarterly inventory categorization and valuation.
• Evaluate inventory across Plant, C&F locations, and In-transit stock.
• Calculate provisions for damaged, expired, near-expiry, and non-moving inventory as per company policy.
• Update and report global inventory data, ensuring alignment with corporate operations.

5. Cost Audit & Financial Reporting

• Quantity reconciliation
• Consumption analysis
• Expense allocation
• Prepare cost sheets and profit reconciliation statements.
• Compile annexures and schedules for cost audit compliance.

6. Automation & Process Improvement (RPA)

• Work with consultants on RPA (Robotic Process Automation) initiatives across systems such as Anaplan, Power BI, and SAP BW.
• Draft and document Business Requirement Documents (BRDs) for automation projects.
• Identify opportunities for process optimization and digital transformation.

Job Requirements

Educational Qualification:

Experience:

8+ years of experience with effective interpersonal skills

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 employee 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 incumbent(s).