Financial Planning & Analysis Role - Chemiclas/IT

FP&A (Financial Planning and Analysis)

Accountability Cluster Major Activities / Tasks:

I. Co-own the regional P&L and financial performance on Revenue, Profits, Cash flow and ROIC for the LATAM region in order to meet the desired growth for the organization

- Provide proactive financial leadership for the Region by developing analytical and financial insight for all important long and short-term decisions, including resource allocation outcomes and processes, Country investments, and external business partnerships

- Establish and manage Country financial control processes, including quarterly and annual financial planning, goal setting, and target monitoring, as well as budgetary and purchasing controls

- Deliver revenue and profit targets by meeting and exceeding budget numbers in order to ensure the desired growth for the organization

- Champion Fuel for Growth and Cost Optimization: Deliver cost reductions in all areas.

- Set up processes for FP&A and Accounting for the LATAM office in line with those in Cipla International business, with extensive business partnering in order to standardize and streamline the same

- Identify sufficient opportunities in order to manage and cover for business risks

- Own the return on investments and double the returns to shareholders and improving ROIC (Return on Investment Capital )

II. Drive financial excellence by ensuring that working capital is on target and cost management is in place

- Drive working capital management by managing inventories, accounts receivables, payables and cash in order to ensure effective cost management

III. Drive governance and legal compliance through regular audits (internal and external), risk management, review of contracts in order to ensure statutory compliance and avoid fraud risks

IV. Ensure tax compliance and maximize tax planning opportunities:

- Champion the governance agenda

- Manage all Country relations with external auditors and stakeholders, and prepare country functions for all relevant regulatory and tax audits by ensuring adherence to necessary financial, administrative and corporate compliance standard and 100% compliance to statutory requirements

- Drive local reporting and ensure on time, accurate submissions while ensuring compliance with OneCipla guidelines

- Ensure compliance framework is adhered to by proactively managing internal audits, closing any findings timeously and implementing suggestions / recommendations as applicable

- Drive automation of processes to align with Global and maximise efficiencies

- Drive global collaboration and ensure alignment across all key functions

- Review all contracts for legal risks in order to adhere to legal compliance and guidelines with help of legal team

- Ensure timely submission of all tax returns

- Maximise tax planning opportunities through legally compliant mechanisms

V. Develop and manage key stakeholder relationships by working closely with them and communicating on a regular basis in order to achieve the strategic objectives in a smooth and effective manner - Align key stakeholders - marketing and medical colleagues, region and country management, functional group colleagues, and Therapeutic Area(s) counterparts in the Sales and Regulatory Units - on Finance business objectives and strategies

- OneCipla ; ensure best practices from both sides (Latam/India) are shared and implemented

- Lead efforts across region to understand and address disparate opportunities and challenges related to Finance

- Identify Financial Management best practices and leverage them for the whole of Latam and provide an active role in determining efficiency opportunities

- Manage relationship with the independent subsidiaries of Cipla and oversee their functions Sales, Marketing, Finance, Taxation and treasury in order to streamline operations and business

VI. India and LATAM subsidiary connect ; Be the connect between India office and LATAM subsidiary

- Be the voice of LATAM in India head office corporate and vice-versa.

- Ensure issue resolution and smooth functioning and collaboration across functions.

- Drive key decisions and implementation.

VII. Operational excellence in LATAM countries ; Connect between Business Development team and commercial head to ensure uninterrupted supplies

- Proactively resolve operational issues ; stocks and demand planning

- Inventory management as per norm

- Adequate planning for expiry and discussion of liquidation plans with commercial leads to reduce the impact

VIII. Drive insights and analysis with proper data management for EM DTM countries ; Prepare dashboards with actionable insights for DTM markets

- Engage with country stakeholders to understand the story behind the numbers and proactively drive action plan

- Periodically highlight risks & ops, sales, inventory status for DTM markets

- Drive EM DTM "Centre of Excellence" ; one version of truth; online data availability and usage