Job Description

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:
The Head of Corporate Accounting will lead the accounting and financial reporting function across multiple entities of the group, ensuring compliance with statutory requirements, driving automation initiatives, and supporting business transformation. This role requires strong technical expertise in accounting standards, tax regulations, and ERP systems, along with the ability to collaborate with cross-functional teams and regulatory authorities globally.
Financial Reporting & Compliance

• Manage statutory financials of SPIL, SPLL, SPML, SPDL, Softdeal, and other Indian entities including overseas branches and representative offices.
• Publish standalone financial results within 30 days of quarter close.
• Ensure zero adverse comments from statutory auditors on Sun's financial reporting.
• Oversee Internal Controls over Financial Reporting (IFC) for 11 Sun India entities.
• Prepare quarterly Board of Directors (BOD) review decks.

Corporate Initiatives & Taxation

• Collaborate with the Tax team on PLI, direct tax (including advance tax), export incentives, and indirect tax reconciliations.
• Ensure timely claim of PLI incentives (~?200 crore annually).
• Manage quarterly transfer pricing adjustments and minimize ITC credit loss.
• Strategize export receivables to reduce loss of export benefits.

Technology & Automation

• Maximize usage of SAP S4 HANA across entities and overseas branches.
• Implement new-age technology platforms (AI, Power BI, Tableau, BW) to automate processes for accuracy and cost efficiency.
• Drive BOT implementation
• Act as Accounting SPOC for enterprise software implementations (Success Factor, IValua, MDO, Concur, etc.).

Stakeholder Management

• Collaborate with Regional Financial Controllers, Investor Relations, Tax, Treasury, Legal, Secretarial, Internal Auditors, and corporate functions.
• Partner with Purchase, Plant, Distribution, Marketing, and Supply Chain teams.
• Engage with statutory auditors, Audit Committee (BOD), external consultants, and regulatory bodies (Customs, GST, ROC, SEBI, DRI).

Decision Making & Transformation

• Interpret accounting standards with focus on compliance and governance.
• Lead quarterly and annual statutory global financial reporting with "True and Fair View" certification.
• Create Centres of Excellence for common activities across Indian entities.
• Drive finance transformation initiatives (retain vs. outsource activities).

Qualifications & Experience

• Chartered Accountant (CA).
• 10-12 years of experience in corporate accounting and financial reporting (Post CA)

Specialized Knowledge Requirements

• Expert knowledge of IND AS and IFRS.
• Global perspective of the pharmaceutical industry.
• Knowledge of foreign exchange laws.
• Indian direct tax and international transfer pricing regulations.
• Indirect tax laws (GST).
• Laws applicable to listed companies in India (SEBI / Companies Act).
• SAP S4 HANA expertise.
• Strong systems and process orientation to enable automations.

Skills Required