Job Description

Taxation operation for the manufacturing organization.
Responsible for systems of collecting, analyzing, verifying and reporting financial information by establishing and enforcing proper
accounting methods, policies and principles. Contributes to effective accounting management in a compliance with regulatory
provisions and internal guidelines.
Ensuring timely and accurate compliances for direct and indirect tax laws.
REQUIRED (Critical to quality criteria)
S.No. Qualification S.No. Key Behavioral Skills:
1. Bachelors degree in accounting 1. Analytical Approach
2. Chartered Accountant 2. Planning and Priority Setting
S.No. Experience/ Exposure 3. Drive for Result
5-6 years post-qualification experience of accounting and taxation in a
manufacturing organization 4. Dealing with Ambiguity
Thorough knowledge of direct and indirect tax laws, regulation and
compliances 5. Multitasking
Demonstrated understanding of the financials and accounting principles and
processes (IFRS and iGAAP) 6. Ability to work in decentralized teamstructureProficiency in handling large data and applications
Key Technical Skills

• Functional: IFRS, I-GAAP, Corporate Income Tax, GST, Customs, DGFT/FTP regulations
• Technical: MS-Excel, MS-Powerpoint, ERP, handling large databases, manufacturing accounting

COPYING NOT ALLOWEDRole: Accounting, Taxation and Reporting
Reporting To: Director Finance Designation: Asst manager Accounts
Function: Finance Matrix Manager Applicable : NA
Direct Reports: NIL Location: AmbernathFor Internal Use - Internal
Accounting:

• Governance on outsourced Accounts Payable and Receivable function
• Reviewing Fixed asset accounting, maintaining FA register and exercise capex control
• Reviewing inventory accounting, supporting cost accounting and variance analysis
• Overseeing General ledger entries and ensuring accuracy
• Managing Intercompany transactions

Role & Responsibilities: (Key accountability areas)
Period End Closing and Reporting:

• Working in collaboration with BPO/global Finance team for Period end closing and reporting (IFRS).
• Ensure adherence to Internal policies and control systems.
• Preparation of local statutory reporting (IGAAP) and managing statutory audits.
• Perform periodic analytical review and facilitate any other reporting requirement.

Taxation:

• Direct Taxes

o Tax management including related compliances and returns/filings.
o Managing of tax books and getting the same audited.
o Perform International Transfer Pricing compliances.
o Supporting tax assessments in coordination with consultants and authorities.

• Indirect Tax

o Indirect tax management including master data, compliances, returns and managing audits.
o Implementing tax optimization, managing refunds, evaluation of tax benefit schemes.
o Ensure compliances related to EOU/DGFT/Foreign trade policy.
Banking:

• Manage banking relationship and ensuring AD compliances.
• Liaise with banks for various initiatives, improvements and troubleshooting.

Projects and improvements:

• Support implementation of corporate Finance programs, processes and initiatives.
• Contribute to performance management and drive continuous improvement initiatives

COPYING NOT ALLOWEDRole: Accounting, Taxation and Reporting
Reporting To: Director Finance Designation: Asst manager Accounts
Function: Finance Matrix Manager Applicable : NA
Direct Reports: NIL Location: AmbernathFor Internal Use - Internal
Additional/ Preferrable Skills

• Working knowledge of Ind-AS
• Understanding of budgeting and forecasting processes

Brief About Ferring: Headquartered in Saint-Prex, Switzerland, Ferring is a leader in reproductive medicine and maternal health, and in
specialty areas within gastroenterology and urology. Ferring now employs approximately 6,000 people worldwide, has its own
operating subsidiaries in more than 50 countries and markets its products in 110 countries.
About Indian Footprint - Ambernath & Hyderabad Site:
The Indian Company Ferring Therapeutics Limited, Ambernath, Maharashtra & Ferring Laboratories Pvt Ltd., Hyderabad. Ferrings
operations in India started in 1996 In 2013. The 2.6 Bn Organization currently manufactures APIs for its flagship GI drug Pentasa for
the world from its facility at Ambernath.
Ambernath: Ferring is expanding active pharmaceutical ingredients (API) and intermediates unit capacity at Ambernath. The capacity
of the unit will be raised from 300 tpa to 1,200 tpa.
Hyderabad: Company is also expanding its formulations unit at Hyderabad for making GI drugs besides an R&D centre at the same
venue. Ferring Pharma has announced the establishment of another formulation unit in India at Hyderabad for manufacturing of its
product called Pentasa (Mesalazine) with a projected investment of approximately xe2x82xac 60 million (about Rs 500 crore) over the next 2-3
years for establishing this manufacturing facility.

Ciel HR