Sr Team Member- Controlling

Cipla; Mumbai; On-site; INR 3,000,000 - 4,200,000; Full time

Job summary

Cipla Pharma & Life Sciences seeks a Controller to manage P&L and balance sheet hygiene for the Cipla Pharma & Life Sciences entity, ensuring compliant operations and strong stakeholder relations. The role drives policy adherence, accounts closing, and timely financial reporting across statutory and management needs.

Key tasks include control framework ownership, tax and regulatory compliance, treasury and cash flow oversight, and DOA simplification.

Qualifications

• Experience in financial reporting and consolidation processes.
• Strong understanding of internal controls and risk management.
• Proven ability to drive process improvements and system enhancements.

Responsibilities

• Oversee monthly close, balance sheet hygiene, and variance analysis.
• Maintain IFC framework and ensure operating effectiveness of key controls.
• Coordinate audits (internal, statutory, tax) and close audit observations.
• Ensure tax and regulatory compliance, including GST/Direct Tax.

Skills

Team management

Leadership

Financial analysis

Stakeholder management

Process improvement

Tools

SAP

Job description

Job Purpose

The role is responsible to be Controller role for Cipla Pharma & Life Sciences which is a subsidiary of Cipla Limited The key objectives of this role is to maintain P&L and balance sheet hygiene for the entity of Cipla Pharma and Life sciences and ensuring system improvements and simplifications to achieve smooth operations. To act as a strong support system for depots and business teams so as to ensure smooth billing and maintain good relationship with key stakeholders. To drive strong policy adherence to ensure operations are running in a compliant way.

1.Business Control and Financial review

• Accounts closing: Monthly Accounts closing by ensuring all the sales and expenses provision accounting and variance analysis.
• Schedule Hygiene: Timely review of balance sheet schedules and ensuring hygiene.
• Preparation of Financial Statements Cash flow and Quarterly P&L and Balance sheet accurately in time bound manner.
• Preparation and review of standalone financial statements, management reports, and schedules supporting statutory reporting and consolidation requirements.
• Review of Profit & Loss, Balance Sheet, and Cash Flow positions to ensure accuracy, completeness, and transparency of financial reporting.
• Control Framework & Audit: Regular review and monitoring the control framework for CPLS.
• Manage and coordinate for timely completion of IB audit observations and ensuring no repeat audit points.
• Time to time review of IFC controls and ensuring proper check on the same.
• Monthly preparation of review deck for Controllers and give detailed picture to management.

2. Control and Compliances

• Ensuring controls and compliances from tax and other statutory areas.
• Ensuring timely preparation and review of business hygiene parameters, to provide management detailed view by highlighting improvements, exceptions etc.
• Time to time special rate data review and addressing exceptions if any.

3. Internal Controls, Risk Management & Audit

• Ownership of Internal Financial Controls (IFC) framework and ensuring operating effectiveness of key controls across finance and business processes.
• Identification, assessment, and mitigation of financial, operational, and compliance risks.
• Managing internal audits, statutory audits, tax audits, IFC testing, and other assurance reviews.
• Timely closure of audit observations and implementation of corrective and preventive actions.

Strengthening governance processes and driving continuous improvements across finance operations

4. Taxation & Regulatory Compliance

• GST, Direct Tax, Withholding Tax, and regulatory compliance management.
• Review of tax provisions, reconciliations, returns, TDS compliance and statutory filings.
• Coordination with tax advisors, auditors, and regulatory authorities during assessments and audits.
• Managing tax litigations, notices, assessments, and compliance-related matters.
• Ensuring adherence to evolving statutory and regulatory requirements.

5. Treasury, Working Capital & Cash Flow Management

• Monitoring cash flows, liquidity positions, and funding requirements.
• Treasury operations, banking relationships, and cash management oversight.
• Review of receivables ageing, advances, inventory balances, and payment governance.
• Driving working capital efficiency and supporting business cash-flow objectives.
• Monitoring financial exposures and ensuring appropriate financial risk controls.

6.DOA Simplification and implementation

• Revision in DOA to simplify the approval process and to further strengthen the controls.
• Ensuring smooth implementation of the same across functions and check on DOA adherence.

7. Partner to win

• CRM/ Market visits / Depot visit: Market /depot visit to understand the market practices / operations at depot.
• SAP stabilization, process improvement, and governance initiatives.
• Validation of financial transactions, inventory postings, master data governance, and system-enabled controls.
• User Acceptance Testing (UAT), controls validation, and finance process enhancements.
• Resolution of system-related finance issues affecting reporting, controls, and business continuity.

8.Simplification and Automation

• Driving adoption of standardised processes and strengthening automation-led control frameworks.
• Take initiative to contribute towards improvisation of system functions. Drive process simplification, automation and improve efficiencies.
• NACH (National Automated clearing house).

9. Team Management

• Team handling skills.
• Develop/Upskill the team to improve the effectiveness & bring in more efficiencies in the processes.