Job Title

POSITION DETAILS:Designation: Executive Finance (A/P)Business Unit: Corporate FunctionsFunction: FinanceLocation: MumbaiReporting to: Deputy General Manager & Associate Director FinanceROLE OVERVIEW/ PURPOSE:This position would be responsible for accounts payable for Monroe Site & CMOs,. Also responsible for circulation of cost center reports to all cost center owners on monthly basis. Preparation of monthly plant cash flow, tracking of letter of credit opening and their payment, assistance in closing of books of accounts , as well as supporting for any A/P related activities in India.Role - Activities, Accountabilities and Responsibilities1. Accounts Payable Monroe (40%)Responsible for A/P, aging of AP and ensuring vendor bookings (incl. non-PO invoices) and payouts are made in a timely manner.Coordinating with cost center owners for closing open GRNs and following up on open POs weekly.Ensuring payment information in SAP is entered correctly.Actively replying to vendor emails for follow-up on payments.Closing open vendor items in a timely manner (advance payments)Attaching vendor invoices in SAP while booking.Able to send requests for information in a clear and concise manner.2. Accounts Payable CMOs (10%)Complete A/P transactions including ageing, invoice bookings, on a timely manner.Ensuring review of GRIR clearing account is clean and timely action.3. Financial Accounting (10%)Expense accounting -Including Revenue & CapitalAssistance in providing response to the auditor relating to any plant related booking.Preparation of weekly plant cash flow to ensure sufficient balance in bank and requesting for additional funds.4. Cost center reporting (10%)Preparation and circulation of cost center reports to all the cost center owners on a monthly basisVariance analysis for all expenses, cost centers and projects on regular basis (monthly).5. Sales tax applicability (15%)Basic understanding of sales tax applicability while analyzing invoices.6. Letter of credit (LC) (5%)Preparation of LC application and co-ordinating with the banks to ensure timely opening of the LC.Tracking the payments getting out of LC's and ensuring the same are as per the payments terms of the LC.7. Other incidental A.P Activities for India (20%)Apart from Monroe activities, to support India based activities related A/PKEY RELATIONSHIPS/STAKEHOLDERSExternalBankersProject Accounting firmsTaxation authorities AuditorsInternal (other than Direct Reports)Cost center Managers (Functional leads for NA) Corporate FinanceCMO OfficeProject Management Office Operations group (Corporate)DESIRED EXPERIENCE AND KNOWLEDGEEducational Qualifications Experience 4 6 yearsKnowledge and Skills (Functional / Technical)SAP -Indepth related to all A/P activities,Excel Super user,MS Office - Word, Power-pointOther Requirements – Optional (License / Certification & Specialized Training)Experience in pharmaceutical industry.Work hours might extend until 12PM US (EST) inorder to co-ordinate with US team.