Sr. Officer/Executive - Accountant - Mumbai

Hetero; Mumbai; On-site; INR 600,000 - 1,000,000; Full time

Job summary

Hetero is hiring a Financial Accountant in Mumbai to handle posting of all accounting transactions, prepare financial accounts, and perform analysis across revenue, inventory, and payable cycles.

The role encompasses biweekly cash flow reporting, month-end journal postings, and ongoing ERP migration support from Sage to SAP. Collaboration with distributors and Head Office is essential for timely, accurate reporting.

Qualifications

• Bachelor's degree in accounting, Finance, or equivalent (BCom preferred).
• Minimum 2–4 years of relevant accounting experience.
• Proficiency in Sage (preferred) or similar ERP; exposure to SAP is an advantage.
• Strong Excel and analytical skills.
• Familiarity with import-related accounting and stock handling.
• Excellent communication and coordination skills (especially with cross-functional teams & Head Office).

Responsibilities

• Post and code monthly journal entries including provisions and reclassifications.
• Prepare cash flow statements on a biweekly basis.
• Perform stock reconciliations and manage near-expiry inventory reports to marketing teams.
• Record and manage invoice postings for imported goods, and track forex gains/losses.
• Post creditor payments, update cash books in ERP, and review debtors positions weekly.
• Support ERP migration from Sage to SAP and assist in process improvement projects.

Skills

Excel

Analytical

Communication

Coordination

Attention to detail

Education

B.Com or accounting degree

Tools

Sage

SAP

ERP systems

Job description

The role of the financial accountant involves posting all accounting transactions and preparation financial accounts of Hetero and keeping track of along with analysis

Key Performance Areas:

1. Sales & Financial Reporting

• Prepare the monthly sales file for reporting and upload/posting of sales in the ERP
• Preparation of Cash flow statements on a biweekly basis.
• Preparation of and posting month end journal entries such as provisions, reclassification, etc
• Assist in preparing internal management reports for Head Office, including MIS.

2. Inventory & Stock Management

• Perform stock reconciliations across warehouse and system records monthly
• Process stock adjustments and ensure system accuracy
• Prepare and circulate reports on near-expiry inventory on a fortnightly basis to marketing teams and follow up on action plan for liquidation
• Record and manage Invoice Posting for all the (Goods Receipt Vouchers) for imported goods received at the warehouse on weekly basis.

3. Accounting Operations

• Post payment entries in the creditors ledger in a timely manner especially for all import payments which includes Forex and Updating of same in the payment trackers to submit realized forex gain/loss (P&L) reports to Head Office on month end.
• Ensure accurate posting of cash books in the ERP along with weekly reviews to match bank balances.
• Post debtor’s allocation entries daily and liaison with distributor partners to get remittance advices and get the debtors position reviewed on a weekly basis.
• Preparation of debtors outstanding reports on an ongoing basis and work closely with business teams to take updates/remarks

4. ERP, Process Improvement & Analysis

• Support the ongoing ERP migration from Sage to SAP, including data validation and UAT
• Participate in business analysis and process improvement projects as assigned

Qualifications & Skills:

• Bachelor’s degree in accounting, Finance, or equivalent (BCom preferred)
• Minimum 2–4 years of relevant accounting experience
• Proficiency in Sage (preferred) or similar ERP; exposure to SAP is an advantage
• Strong Excel and analytical skills
• Familiarity with import-related accounting and stock handling
• Excellent communication and coordination skills (especially with cross-functional teams & Head Office)

Preferred Attributes:

• Experience in the pharmaceutical or FMCG distribution industry
• Self-motivated, disciplined, and able to manage deadlines
• Willingness to take initiative in improving systems and reporting