Key Responsibilities

Financial Management

• Develop and implement financial strategies aligned with business objectives.
• Prepare monthly, quarterly, and annual financial statements and management reports.
• Monitor financial performance and recommend corrective actions where necessary.
• Ensure accurate accounting records and compliance with accounting standards.

Budgeting & Forecasting

• Lead the annual budgeting process and periodic financial forecasts.
• Monitor departmental budgets and analyze variances.
• Provide financial analysis to support business decisions.

Cost Control & Profitability

• Monitor manufacturing and operational costs.
• Analyze product profitability and recommend cost optimization initiatives.
• Implement internal financial controls to improve efficiency.

Cash Flow & Treasury

• Manage cash flow, banking relationships, and working capital.
• Monitor receivables, payables, and liquidity.
• Ensure timely payments to vendors and compliance with financial obligations.

Compliance & Taxation

• Ensure compliance with local tax laws, VAT, and statutory regulations.
• Coordinate with external auditors and regulatory authorities.
• Oversee the preparation and submission of tax returns and statutory reports.

Inventory & Supply Chain Finance

• Monitor inventory valuation and inventory control processes.
• Support procurement and supply chain teams with financial analysis.
• Review inventory provisions, stock movements, and cost of goods sold.

Team Leadership

• Lead, mentor, and develop the finance and accounting team.
• Establish performance goals and ensure continuous professional development.

Business Support

• Provide financial insights to senior management for strategic planning.
• Evaluate investment opportunities and business expansion projects.
• Prepare financial models and feasibility studies.

Qualifications

• Bachelor's degree in Finance, Accounting, or Commerce.
• Professional qualification such as CPA, ACCA, CMA, or CA is preferred.
• MBA in Finance is an advantage.

Experience

• 7–10 years of finance and accounting experience, with at least 3 years in a managerial role.
• Experience in the pharmaceutical, healthcare, or FMCG industry is highly preferred.
• Strong knowledge of IFRS, budgeting, financial reporting, taxation, and cost accounting.

Skills

• Financial planning and analysis
• Budgeting and forecasting
• Cost accounting and inventory management
• Financial reporting
• Taxation and statutory compliance
• ERP systems (SAP, Oracle, Microsoft Dynamics, or similar)
• Advanced Microsoft Excel and financial modeling
• Leadership and team management
• Excellent analytical and problem-solving skills
• Strong communication and stakeholder management skills

Key Performance Indicators (KPIs)

• Timely and accurate financial reporting
• Budget adherence and cost optimization
• Cash flow and working capital management
• Compliance with statutory and tax regulations
• Successful completion of internal and external audits
• Improvement in profitability and financial performance
• Team productivity and development