. Chartered Accountant with 3–5 yrs in financial reporting & SAP. Apply now!){kind=link}
Cipla Team Member – Controlling (Commercial Finance) | Lower Parel, Mumbai
Join a leading pharmaceutical organization’s Commercial Finance team in Lower Parel, Mumbai as a Team Member – Controlling. This role (Req ID: 96429) reports to the Finance Division’s Commercial Finance department and plays a pivotal part in ensuring timely financial reporting, compliance, and insightful business partnering across the India & One Africa Finance functions.
Job Overview
- Posting Date: 22 July 2025
- Location: Lower Parel, Mumbai, Maharashtra, India
- Employment Type: One Africa Finance (Full‑time)
- Req ID: 96429
- Department: Commercial Finance, Finance Division
- Shift Hours: 11:30 AM – 7:30 PM
Key Accountabilities
1. Controllership & Financial Reporting
- End‑to‑end governance of monthly, quarterly, and annual closing for the legal entity.
- Prepare and submit financial statements, analytics, eliminations and supporting schedules to Regional & Corporate Finance.
- Coordinate year‑end statutory audit, resolve auditor queries, and implement corrective actions.
- Review monthly financials, dive into variances, and maintain intercompany reconciliation.
- Manage banking transactions, cash optimization, and payment processes.
2. Controls, Compliance & Simplification
- Partner with audit teams, address observations, and strengthen control frameworks.
- Drive process simplification, system enhancements, and automation initiatives.
- Ensure compliance with Ind AS, FEMA, tax laws, transfer pricing, and local regulations.
- Train stakeholders on policies, streamline workflows, and prevent repeat audit findings.
3. Business Partnering & Budgeting
- Collaborate with Operations on annual budget preparation and rolling OPEX forecasts.
- Monitor actual vs. budget performance, analyze KPIs, and highlight variances.
- Drive monthly governance meetings, P&L reviews, and cost‑per‑000 tablets benchmarking.
- Evaluate capital expenditures, inventory variances, and SKU‑mix optimization.
- Oversee travel & expense compliance and commercial contract reviews.
4. Consolidation & Statutory Compliance
- Support consolidation activities: intercompany eliminations, balance sheet reviews, and variance analysis.
- Ensure high‑quality disclosures and timely global reporting.
- Coordinate with global teams for audit submissions and repeat‑free query closure.
5. Ad Hoc Projects & Automation
- Lead special initiatives, system improvements, and cross‑functional strategic projects.
- Identify automation opportunities to optimize timelines and data accuracy.
Qualifications & Experience
- Education: Qualified Chartered Accountant
- Experience: 3–5 years in controllership, financial reporting, or business finance (pharma sector preferred)
- Technical Skills: Advanced Excel, SAP proficiency, understanding of Ind AS, FEMA, Tax laws
- Soft Skills: Strong analytical, stakeholder management, communication, and problem‑solving abilities
How to Apply
Click the button below to go directly to the Cipla careers page and apply instantly:
Frequently Asked Questions (FAQs)
Q1. What is the minimum experience required?
3–5 years in controllership, financial reporting, or business finance roles are mandatory.
Q2. Do I need pharma industry experience?
Pharma domain knowledge is preferred but not mandatory—strong financial controls experience is key.
Q3. Can I work hybrid or remotely?
This is an on‑site position in Lower Parel, Mumbai, with required in‑office hours from 11:30 AM to 7:30 PM.
Q4. What systems will I use?
You will work extensively in SAP for financial close, consolidation, and reporting, plus MS Excel for analysis.
Q5. How does this role contribute to business decisions?
By delivering accurate reports, variance analyses, and controls insights, you’ll enable timely, data‑driven strategic decisions.
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