Manager Commercial Finance

Year    Bengaluru, Karnataka, India

Job Description


About Us:
At AstraZeneca we are guided in our work by a strong set of values, and we\xe2\x80\x99re resetting expectations of what a biopharmaceutical company can be. By truly following the science, we pioneer new methods, new thinking and bring unexpected teams together. From scientists to sales, lab techs to legal, we\xe2\x80\x99re on a mission to turn ideas into life changing medicines that transform lives. We need great people who share our passion for science and have the drive and determination to meet the unmet needs of patients around the world. If you\xe2\x80\x99re swift to action, confident to lead, willing to collaborate, and curious about what science can do, then you\xe2\x80\x99re our kind of person. : Main Duties and Responsibilities:

  • Manage entire Commercial Finance \xe2\x80\x93 Support Order to Cash Process for smooth billing & execution, Collaborate with Sales, Marketing & Distribution teams on new product launch & readiness, application of best possible financial compliance as per AZ Commercial Policy
  • Government Institution Business Finance Partnering \xe2\x80\x93 Approval for tender submissions, Review of Govt. overdue outstanding and timely follow up actions
  • Monitor & manage the credit control function independently, ensuring compliance with credit policies & procedures, provide suggestions for improving credit policies
  • Complete hold on Account Receivable management including order hold release, DSO forecast submission, monthly/quarterly receivables position review with senior management, variance analysis and net realisation feasibility vs. budget/forecast
  • Lead the pricing function - Preparation & Issue of Price Circular as per NPPA norms, timely communication of price changes to stakeholders, develop and monitor controls to ensure accurate Maximum Retail Price (MRP) and discounts updation in SAP system \xe2\x80\xa2 Collaboration with Financial Planning & Analysis team on Sales, Sales return, AR, Bad debts provision planning & and detailed variance analysis at month end
  • Responsible for monthly reporting to support Sales Management including month end closure and co-ordination with shared services team
  • Co-ordinate with IT business support team on implementation of new customized user requirements in SAP on ad hoc basis
  • Statutory Audit/ Internal Audit/ Global Audit coordination
  • Ensure statutory compliance pertaining to SOTC, GST/ Income Tax pertaining to Sales
Essential Requirements:
  • Fully qualified Chartered Accountant,
  • 5 to 7 years of experience in Order to Cash Cycle, Credit Control, AR Management, Pricing as well as Sales and Distribution Finance, preferably in Pharmaceutical, Medical Devices/ Healthcare/ Diagnostics Industry
  • Ability to work independently without supervision
  • A self-motivated team player
  • Excellent Communication Skills
  • Good Planning and Organisational Skills
  • Excellent Scientific knowledge
  • Ability to develop Strategic Partnerships
  • Demonstrate AZ Values Consistently
Desirable Requirements:
  • Prior MNC experience
  • SAP working knowledge
  • Excellent communicator, both written and oral, in a range of situations
  • Strong organisational and project management skills

Why AstraZeneca?

At AstraZeneca we\xe2\x80\x99re dedicated to being a Great Place to Work. Where you are empowered to push the boundaries of science and unleash your entrepreneurial spirit. There\xe2\x80\x99s no better place to make a difference to medicine, patients and society. An inclusive culture that champions diversity and collaboration, and always committed to lifelong learning, growth and development. We\xe2\x80\x99re on an exciting journey to pioneer the future of healthcare.

Where can I find out more?

Our Social Media, Follow AstraZeneca on LinkedIn https://www.linkedin.com/company/1603/

Follow AstraZeneca on Facebook https://www.facebook.com/astrazenecacareers/

Follow AstraZeneca on Instagram https://www.instagram.com/astrazeneca_careers/?hl=en

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Job Detail

  • Job Id
    JD3147048
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Bengaluru, Karnataka, India
  • Education
    Not mentioned
  • Experience
    Year