This individual will be the Finance representative with responsibilities include executing / reviewing finances, reporting activities, budgeting, forecasts and other special projects.
Management Accounting
Prepares and reports monthly MIS reports for internal management.
Prepares quarterly and annual financial statements.
Quarterly and Annual audits
Assisting the operations team in the Monthly Operations Review, identification of areas for cost reductions and operational improvements, annual budget process, periodic forecasting, and periodic analysis of operations performance
Perform all other duties as assigned and required.
Revenue Recognition :
Good Experience in Gross to Net Calculation and ensure the accurate revenue recognition
COGS : Prepare COGS
Prepare COGS
Implement standard costing in manufacturing plant
General Ledger Accounting :
Reconciliations
Budget vs Actuals
GL Review
month end closing
Record, maintain, post and reversal of the monthly journal entries.
Maintain detailed listings of the contents of all balance sheet accounts.
Assist auditors with journal entry examinations.
Assist in the production of financial statements.
Provide supporting documentation for audits.
Accounts Receivables :
Review chargebacks & rebates along with shared service team.
Prompt Payment Discount reconciliation
Sales returns coordination
Medicaid
Continuous monitoring of customer agreements
Accounts Payables
Daily coordination with Global Shared Service based out of India.
Support shared service team in obtaining proper approvals, providing supporting documents, guiding relevant GL codes & Dept codes.
Scanning the supporting documents and forwarding them to shared service team.
Cut checks, get it approved and mail checks to vendors.
Ensure timely payment to vendors per the contract
Ensure validation of invoices per contract terms
Review open PO periodically and take timely action
Reconcile AP Aging with GL
Support Shared service team in expenses re-imbursements, on time payment to employees.
Coordinate with sales team, R&D and other teams in getting approvals and clarifications.
Qualification :
BA with 5 plus years accounting experience
Prior experience in a Finance department within the Pharmaceutical Industry preferred
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