Biocon - Head - Inventory & Costing - Finance Division - CA

Biocon - Head - Inventory & Costing - Finance Division ) Biocon Biologics India

Job Description: Looking for a Chartered Accountant /ICWA with 10 - 12 years of proven Finance Leadership experience, Expert knowledge of and proven experience in handling complex costing interventions, Proven experience in managing and developing a large team of finance professionals in MNC environment preferably in a pharmaceutical and Chemical industries

- Working experience on accounting software like Oracle or SAP, Well versed with MS Excel, MS Word and Power Point, Team Player - works co-operatively and productively with others; openly exchanging information and supporting colleagues from around the organization to achieve business goals, Continuously identifies opportunities for process improvement with an eye for detail, Establishes priorities, tasks and work schedules in advance.

Key responsibilities of the Role :

Product costing :

- Understanding of API or Formulation manufacturing process

- Understanding yield computations of raw material

- Updating BOM or regular basis

- Handling cost audit

- Overhead absorption

Monthly analysis :

- Inventory valuation and provisioning

- Ageing analysis

- RM Purchase price variance

- Review of Yield variance

- Run material ledger

- Expert knowledge of SAP (MUST)

- Gross margin analysis

Accounting :

- Plant Accounts payable

- Duty drawback

- Excise duty reco

- Rule 6 Rule 7 reversals

- Understanding excise duty structure

- Handling Inter Unit billing and duty payments (DTA-SEZ and vice versa)

Process :

- Control over CMO operations

- Control over P2P and LL operations