Leading pharmaceutical company requires Sr Manager (Cost Accountancy)-Mumbai

One of our client a global pharmaceutical company established almost 60 years ago operating in over 9 countries head quatered in Mumbai .The client is committed to providing high-quality and cost-effective products to our customers through innovation and science. This is our constant endeavor to continually improve our standards and quality to match or exceed our customers expectations.

In addition to manufacturing, we work with our global partners to innovate new technologies and develop new products & finished formulations as per their requirements. We offer a wide array of products & services with high standards of QA/QC and robust regulatory support.

We are looking out for Sr Mgr( Cost Accountancy) for our client office in Gujrat

PFB the JD and details:

1) Client- Leading Pharmaceutical company

2) Role- Sr Mgr-cost Accountancy

3) Location-Mumbai

4) Qualification-CA/ MBA FINANCE

5) Experience - 5 years post Qualification relevant experience in pharma company

6) Compensation- competitive

7) Joining- 30 days or less

8) Reporting to- DGM Finance- Head HO

THE JD IS AS FOLLOWS

1) Cost Sheet Analysis:

- Develop and maintain accurate cost sheets for products/services, including direct and indirect cost components.

- Conduct detailed analysis of costs to identify cost-saving opportunities and recommend optimization strategies.

- Track and update costs for raw materials, labor, overhead, and other expenses in real-time.

- Collaborate with procurement and production teams to ensure cost efficiency in sourcing and manufacturing.

- Compare actual costs with budgets/estimates and investigate variances to propose corrective actions.

2) Business Finance:

- Prepare financial forecasts, budgets, and cash flow reportsto support business planning.

- Provide insights on break-even analysis, pricing strategies, and margin improvement opportunities.

- Support management in decision-making with detailed cost-benefit analysisfor investments and projects.

- Ensure compliance with internal policies and external regulations related to finance and costing.

3) Reporting and Collaboration:

- Present periodic cost analysis reports and financial insights to senior management.

- Work closely with the accounts team to ensure accurate accounting of costs and inventory.

- Collaborate with cross-functional teams to enhance processes and achieve cost efficiency.

Qualifications:

- CA / MBA- Finance

- Proven post qualification experience of (5-8 years) in cost analysis, business finance, or management accounting.

- Strong proficiency in MS Exceland financial modeling tools.

- Familiarity with ERP systems (e.g., Pharmacloud).

- Analytical mindset with attention to detail and the ability to interpret complex financial data.

- Excellent communication and interpersonal skills to interact with various stakeholders.

Kindly share the following details also:

- Current ctc n notice period

- Expected ctc

- Open to work in Mehemdabad ( Gujrat)

- Relevant experience post CA / MBA / ICWA in pharma company

- Current location

- Professional qualification