Accounts/Financial Controller - Healthcare/Pharma

Job Description :

- The Financial Controller has to control the finances and accounts of the company in a SAP environment so that future growth can be managed efficiently/effectively and business risk is mitigated. He has to lead internal process improvements and strengthen department working style (system driven, performance oriented) to ensure a real time reporting against KPIs.

- He also has to ensure that the internal audit systems/culture and supporting controls are effectively implemented so that fraud risk is minimized.

Job responsibilities :

Lead and strengthen team culture :

- Ensure daily meeting Open Issues List from departmental process owners are effectively documented and resolved

- Conduct Performance Reviews of team and ensure development of next line

- Develop next generation KPIs for the finance team and share review with management on monthly basis

- Implement Finance Committee recommendations

Lead/stabilize department to an systems driven SAP environment (critical for Year 1) :

- Develop and implement tools to enhance efficiency/ effectiveness (e.g. checklists, etc)

- Identify impact of streamlining core processes, develop "new" state and execute plans

- Monthly close and Statutory Audit/Tax Audit

- Serve as principal interface with external auditors

- Ensure observations are addressed through appropriate system changes

- Provide monthly signed reports on critical risk areas (e.g. customer refunds audit results, discounts given to customers, etc)

- Implement monthly close of books (by 10th of next month) as per close template

- Provide quarterly un-audited results (within 30 days of quarter) and annual results (within 60 days of year end)

Manage Enterprise Risk Management for financial risk :

- Ensure highlighted risk areas are closed out and residual risks highlighted for management

- Manage and maintain up-to-date files of documents relating to the Institution, customer agreements, authorizations, banking, insurance, tax, utilities, vendors and other legally important documents

- Ensure appropriate safekeeping of land records, bank deposits/investments

Manage the annual tax process :

- Complete all governmental and Tax Returns and ensure compliance of tax provisions

- Serve as the principal contact with the tax authorities for assessment proceedings and ensure efficient/effective resolution of disputes, etc

- Maintain clear records of all departmental correspondence and external expert opinions

- Support operations of tax proceeding in the department and up to high court

Provide required financial analytics and MIS as required by management :

- Providing reporting as per statutory requirements

- Provide monthly departmental MIS (each core process, internal audit, xxx,)

- Provide monthly MIS for Institution (performance variance analysis, yoy trends, xx)

- Support development of Annual Operating Plan (AOP)

Ensure Compliance with corporate processes, applicable Laws/ethical practices :

- Compliance calendar development and handling Ensure compliance with documented accounting policies and practices

- Ensure contractor compliance on labor guidelines (e.g. gratuity, PF)

- Ensure compliance on licenses, lease rent/L&DO, insurance, etc d. Ensure compliance of all payments and disbursements

Drive the accounts receivables/claims recovery process :

- Ensure timely and complete documentation for billing to credit parties

- Ensure proper handling of queries, missing documents, etc

- Ensure proper tracking of outstanding claims (each transaction, by party)

Funds Management :

- Advise CEO on treasury management

- Forecast funds requirements on an ongoing basis

- Support fundraising efforts (working capital, debt)