Cipla
Cipla | Lead - Cluster Finance Partner (Respiratory)
Upload your resume & find all jobs matching it
See how well this job fits you — plus every other live job that matches your skills and experience.
PDF, DOCX or photo
Applying here? Tailor your resume to this job - see which keywords it asks for that your resume is missing.
Job Highlights
Responsibilities
- The role will be a key decision maker in all marketing initiatives or other activities affecting the P&L and play a key role in driving Budget/targets, resource deployment and monitoring actual performance on Key Performance Indicators, in order to achieve long term sustainable and profitable growth vs market.
- India FP&A Team: Yearly on submitting the Budget and Monthly on submitting MOR and addressing any query raised by the team
- Review and analysis of business with respect to key financial drivers and financial performance of the business in order to achieve the Top line & Bottom line as Budgeted for the year.
- Deliver topline and bottomline targets through financial reporting and analytics and manage contribution improvement initiatives.
- Monitor and Evaluate key KPIs of India Rx therapy cluster and share findings and highlight key areas for effective action to Cluster Business Head.
- Drive better product mix by identifying and implementing COGS reduction & finding pricing opportunities in order to ensure improvement in Gross Margin.
- Provide performance insights and publish monthly dashboards - provide insights to business by in order to drive growth and improve profitability.
- Drive every element of P&L and report Variance Analysis Actual Vs Budget in comparison to the Last Year in order to achieve sustainable growth.
- Evaluate variance and performance with Therapy Cluster Head in order to highlight the same and frame action plan against the adverse variance.
- Implement Pricing as proposed in Budget.
- Partner with businesses effectively in order to ensure long term sustainable and profitable growth.
- Review and finalise the Therapy Cluster Budget.
- Drive sustainable future business growth by focusing on quality of topline and understanding drivers of growth for the therapy (PPP products and new launches).
- Analyse and drive competitive insights leading to market beating growth.
- Evaluate and drive In-Licensing deals that meets strategic needs of the therapy.
- Evaluate new device development and its relevance for any therapy area within India Business and create a robust business case for the product in alignment with Medtech and resp commercial teams.
- Prepare LBE and share revised target with the Management on real time basis in order to communicate the same.
- Prepare and implement a mitigation plan against DPCO Loss (Price loss on account of Price control regulation) in order prepare for the market risks.
- Drive agenda of Monthly Operations report for Therapy cluster Business in order to study the business situation on a regular basis.
- Review effectiveness of major spends and review bonus scheme to ensure effective utilization of funds.
- Drive COPE agenda for the business to ensure minimal wastages on expiries.
- Prepare management review decks for various strategy meetings with management.
- Lead Business strategic functions and partner on key decisions and growth drivers (mitigate headwinds and push tailwinds for growth and profit).
- Ensure financial metric and goals and compliance are adhered to by business teams.
- Steer business agenda through ensuring stakeholders buy-in across cross functional teams.
- Evaluate new product cases monthly – with Business development team.
- Drive Product cost reduction with Supply Chain after analysis.
- Lead ROI optimization and identify improvements on marketing spends by reducing the non-beneficial activities.
- Steer along with supply chain on Inventory levels optimization and working capital management.
- Drive business process simplification (including automation) and implement better control to ensure business is done in a simplified and compliant environment.
- Drive automation of reports through advanced IT platforms like Power BI, any other analytical tool in order to reduce manual process & save time.
- Identify and execute areas of process simplification for therapy to drive improvement in Bias for Action.
- Develop career development plan for the team to achieve best in class organization team and ensure minimal attrition rate.
- Prepare career development plans for direct reports/ temporary workers.
- Manage and monitor stock situations in the market.
Requirements
- Minimum 10 - 18 years of work experience including 7+ years of relevant experience in FP&A or commercial exposure preferably in Pharma or FMCG industry along with strong financial and business acumen.
- Candidate required with strong action orientation, analytical skills, interpersonal skills, problem solving, influencing and negotiation skills.
About the company
Cipla Limited
Dr K.A. Hamied set up Cipla in 1935 with the goal of making medicines affordable and available to everyone who needed them. Based in Mumbai, with its registered office at Cipla House in Lower Parel, the company makes a broad range of generic medicines in many dosage forms, from tablets to inhalers, and has a long record in HIV/AIDS treatment. India, South Africa and the US are its key markets. Cipla's equity shares are listed on the BSE and the National Stock Exchange, and its global depository receipts on the Luxembourg Stock Exchange. Its plants in India include the Patalganga factory in Maharashtra, opened in 1984.
Cipla looks mainly for qualified Chartered Accountants for its finance teams in Mumbai (the Lower Parel head office and Vikhroli) and Bengaluru, though some roles accept an MBA (Finance) instead. The work covers plant-level factory finance and accounting, cluster finance management, FP&A (including planning for the manufacturing and quality functions) and group consolidation. CIMA, ACCA, CPA or a master's degree in finance or accounting are also accepted for some roles, and semi-qualified CAs are considered for others.
