Financial Analyst

Acrotech Biopharma Inc; Hightstown (NJ); On-site; USD 60,000 - 66,000; Full time

Job summary

Aurobindo Pharma USA, Inc. is seeking a financial analyst to manage accounts payable, accounts receivable and general ledger duties. This role supports cost rationalisation, management accounting and MIS reporting under the finance controller of Vespyr. Coordination with shared services and cross-functional teams is essential.

The candidate will handle monthly reporting deliverables, month-end close, and assist in audits, with emphasis on accuracy, deadlines and internal controls.

Qualifications

• Minimum two years of AP or manufacturing accounting experience.
• Proficient with MS Office programs.
• Experience in Oracle.
• Strong communication skills.
• Ability to prioritize and organize.

Responsibilities

• Coordinate with Global Shared Service for AP and ensure proper approvals.
• Review AP payments and obtain controller approval.
• Cut checks and mail to vendors.
• Maintain AP aging and reconcile with GL.
• Coordinate AR collections and reconcile AR aging.
• Assist with GL reconciliations, month-end close, and journal entries.
• Prepare monthly MIS reports and support audits.
• Support cost rationalisation and budgeting.
• Coordinate with Sales, R&D and regulatory teams.

Skills

AP accounting

MS Office

Oracle

Communication

Prioritization

Education

Bachelor's in Finance/Accounting

Job description

Division Overview

Aurobindo Pharma USA, Inc. is a generic pharmaceutical manufacturer and distributor and is a wholly owned subsidiary of Aurobindo Pharma Limited, a leading generic pharmaceutical company based in India. Headquartered in HITEC City, Hyderabad, India, founded in 1986 and becoming a public company in India in 1992.

Aurobindo Pharma USA, Inc. is committed to delivering a broad portfolio of quality, affordable generic pharmaceuticals to pharmacists and patients. Aurobindo Pharma USA, Inc. adds value through superior customer service in the distribution of a broad line of generic pharmaceuticals, leveraging vertical integration and efficient controlled processes.

Job Overview

This position is a financial analyst role within Vespyr and Aurologistics. This role is heavily focused with coordination of from office employees and back office processing. This role is focused on payable processing, GL review, cost rationalisation, management accounting and MIS reporting.

The role is responsible for payment coordination and providing monthly reporting deliverable within deadlines.

This role reports directly to the finance controller of the Vespyr.

Accounts Payables

• Daily coordination with Global Shared Service based out of India.
• Support shared service team in obtaining proper approvals, providing supporting documents, guiding relevant GL codes & Dept codes.
• Review AP payments and get it reviewed by controller to process the payments
• Cut checks and obtain signatories and mail checks to vendors
• Make sure shared service team is up to date AP accounting.
• Make sure no past due invoices of vendors and clean AP Ageing report.
• Review aged AP ageing report once in a week and follow up with shared service team for up to date.
• Reconcile AP Ageing and GL
• Support Shared service team in expenses re‑imbursements, on time payment to employees.
• Coordinate with sales team, R&D and other teams in getting approvals and clarifications.

Accounts Receivable

• Review AR collections
• Ensure no pall due invoices of customers and ensure clean AR aging
• Review aged AR ageing report once in a week and follow up with shared service team
• Reconcile AR aging with GL

General Ledger

• Reconciliations
• Budget vs Actuals
• Assist with GL Review
• Assist with month end closing
• Record, maintain, post and reversal of the monthly journal entries
• Maintain detailed listings of the contents of all balance sheet accounts
• Assist auditors with journal entry examinations
• Assist in the production of financial statements
• Provide supporting documentation for audits

Management Accounting

• Prepares monthly MIS reports for internal management
• Prepares quarterly and annual financial statements.
• Quarterly and Annual audits
• Primary responsibilities will include assisting Operations team in the Monthly Operations Review,
• Identification of areas for cost reductions and operational improvements,
• Preparation of annual budget process, periodic forecasting, and periodic analysis of operations performance.
• Perform all other duties as assigned and required.

Coordination with President, Sales Administration, QA and regulatory departments and support them in providing the relevant information.

Perform other duties as assigned.

Qualifications - Skills & Requirements

• Minimum two years of relevant AP or Manufacturing Accounting experience.
• Competency in of MS Office programs
• Experience in Oracle
• Strong ability to communicate
• Ability to prioritize and organize

Education & Experience

• A Bachelor's degree or undergraduate in finance or accounting
• Medical and Rx Benefits choice of four medical plans through Horizon. Rx automatically provided with medical benefits
• Dental Benefits with three dental plan options through CIGNA
• Vision Plan with two plan options through VSP
• Life Insurance, Basic Life and AD&D and Supplemental Life Insurance
• Disability Insurance, Voluntary Short-Term Disability and State Disability
• Long-Term Disability (LTD), State (short term) disability – where applicable
• FSA (Flexible Spending Accounts) – Both Health Care & Dependent Care Available
• HSA (Health Savings Account)
• 401(k) Plan - Through Fidelity / Employer Match / fully vested after 3 years
• Employee Assistance Program (EAP) - 100% Confidential and 100% company paid
• Critical Illness and Accidental Insurance
• Legal and Identity Theft Insurance
• Paid Time Off - Paid vacation, PTO, Holiday

Compensation

Min: USD $60,000.00/Yr.

Max: USD $66,000.00/Yr.

Physical Requirements

OFFICE POSITION - While performing the duties of this job the employee is required to:

• Stand, sit; talk, hear, and use hands and fingers to operate a computer and telephone keyboard reach, stoop kneel to install computer equipment
• Specific vision abilities required by this job include close vision requirements due to computer work
• Light to moderate lifting is required
• Moderate noise (i.e. business office with computers, phone, and printers, light traffic).
• Ability to sit at a computer terminal for an extended period of time Sedentary work Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

Additional Physical Requirements

No Additional Requirements

Blood/Fluid Exposure Risk

Category III: Tasks involve no exposure to blood, body fluids or tissues. Category I tasks are not a condition of employment.