Finance Director

Job Title: Finance Director

FLSA Classification: Full-Time

Work Location: Fall River, MA a" on-site daily

Work Hours: 8 AM a" 5 PM (May vary based on business needs)

Salary: $150,000 - $215,000 (DOE)

Bonus: 20%

Benefits: Bi-Weekly Pay, Paid Time Off, Health Insurance Benefits start on day 1 (Medical, Dental, Vision), Disability Insurance, Shift Differential, Overtime, 401K Match, company sponsored events, career advancement, training, etc.

The Finance Lead is a senior management role responsible for providing leadership to the Finance function through effective forecasting, planning, budgeting and managing of financial resources to strengthen the health of the business and to deliver on key financial metrics. This position supervises a team of four (4) Finance professionals.

Finance Operations

• Setting up various policies & processes ensuring adherence to GAAP & Accounting standards in day to day accounting activities.
• Monitoring expenses & processes to ensure financial discipline & controls.
• Regular PO approval. Expense & Payment approval.
• Funds Management. Coordination with Treasury & Banking relationship.
• Accounts Payable & Accounts Receivable monitoring
• Inventory & Fixed Assets Controls
• Working Capital overview

Business Partnering

• Prepare Business case & evaluation for various projects & investment proposals.
• Capital Expense proposal evaluation & approval.
• Work with HO-Finance Team on Capex approvals.
• Support Product costing & COGs monitoring
• Lease negotiation with Property managers & landlord.
• coordination with Local authorities for Tax & other benefits

Budgeting & Budgetary Controls

• Preparing OPEX & CAPEX Budget.
• Prepare, review & report aBudget Vs Actuala to ensure appropriate Budgetary controls.
• Expense / GL review & cost control of InvaGen Operations.
• Review various service & supply agreements / renewals.
• Business case building & evaluation for various projects & business proposals.

Corporate Governance & Secretarial Practices

• Performing Secretarial practices in the capacity of Company Secretary in coordination with Corporate CS team
• Coordinating with Corporate Secretariat team for Conducting Board meetings & ensuring other related compliances.
• Discharging various duties & coordination as designated Corporate Officer of Invagen Pharmaceuticals Inc.
• Ensuring corporate governance practices to strengthen Internal controls.
• Ensuring appropriate approvals from Board & other appropriate levels of management.
• DOA implementation & monitoring for appropriate adherence.
• Internal & Statutory Audits coordination & query response

Costing review & Cost Control

• Overview Periodic Product cost revision & Support with appropriate data mining
• Ensure proper absorption rates & recipe updated in system.
• Support new product costing & margin evaluation.
• Accountability Cluster 6: New Projects coordination & Finance Partnering
• Providing Support on new project evaluation
• Capital Budgeting for potential project investments
• Coordination with various stakeholders for OPEX & CAPEX budgeting of projects.
• Alignment with NA CXOs on Business case & Budget approvals

Exelan Finance Business Partnering

• Periodic closing & Financial reports
• Financial Statement preparation & Audit Support for Exelan Inc.
• Overview Accounts Payable & Funds planning for Exelan Pharmaceuticals Inc.
• Support evaluation of BD/ILD transaction, new product costing & margin evaluation
• Aligning priorities and driving excellence across diverse sites.
• Influencing key stakeholders with diverse viewpoints to align with the key priorities for the function.
• Ensuring smooth execution of multiple interventions in a timely manner.
• Internal Interactions
• Cross functional teams a" providing support on projects that require a finance perspective.
• Mergers and Acquisitions (M&A) Team a" organize funding.
• Information Technology (IT) Team - Discussions around system automation as needed.
• Legal a" providing support during contracting.
• Human Resources (HR) Team a" Partner to meet talent requirements (hiring, development, performance management, etc.).

Certifications:

• Chartered Accountant (CA).
• ICWA (Institute of Cost and Works Accountants).

Experience:

• Min 10 years of experience in Finance function with minimum 5 years in Finance leadership role at a manufacturing site.
• Minimum of three (3) years directly managing/supervising teams.
• Current work experience within a global pharmaceutical manufacturing setting, preferably in generic pharma.
• Current experience in the current Good Manufacturing Practices (cGMP) organization.
• Must be able to read, write, and comprehend the English language for purposes of business communications, workplace safety, regulatory compliances, and other organizational activities and matters.
• Working knowledge and user proficiency of SAP modules required.

Technical

• Strong Analytical Skills.
• Exposure to Finance controllership & Corporate Governance. Strong knowledge of GAAP, IFRS framework, AS & taxation rules & regulations (Both India & US).
• Good in interpretation of legal terms. Exposure to Legal & Contract terminologies.
• Good presentation & Communication skills.

Interpersonal

• Self-motivated & taking initiatives.
• Policy maker & compliance mindset.
• Business partnering & stewardship.
• Negotiation skills.
• Work primarily indoors within an office setting.
• Stand or sit for extended periods of time.
• Wear safety/personal protective equipment (PPE) as needed or required for this job.
• Communicate with co-workers, customers and other business partners by telephone, virtual platforms such as Teams, and other communication tools. Must be able to exchange accurate information in these situations.
• Must be able to lift a minimum of fifteen (15) pounds with or without assistance.
• Must be able to enter text or data into a computer or other machine by means of a traditional keyboard at a relatively quick pace.

Equal Opportunity Employer: Cipla is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, sex, sexual orientation, gender identity, religion, national origin, genetic information, disability, or protected veteran status or any other legally protected group status.

At Cipla, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require reasonable accommodation to make your application or interview experience a great one, please contact the recruiter.

GLOBAL COMPANY

Cipla is a leading global pharmaceutical company, dedicated to high-quality, branded and generic medicines. We are trusted by healthcare professionals and patients across geographies. Over the last eight decades, we have strengthened our leadership in Indiaas pharmaceutical industry and fortified our promise of strengthening our global focus by consolidating and deepening our presence in the key markets of India, South Africa, the U.S., and other economies of the emerging world.

Cipla employs handpicked professionals not just for their knowledge and experience but for their zeal to make a difference to the world of healthcare. The company believes that our biggest assets are the employees, who lead us to prosperity and growth in the future. Driven by the vision, none shall be denied, Ciplaas focus has always been on making affordable, world-class medicines with a reputation for uncompromising quality standards across the world.

GLOBAL COMPANY

Cipla is a leading global pharmaceutical company, dedicated to high-quality, branded and generic medicines. We are trusted by healthcare professionals and patients across geographies. Over the last eight decades, we have strengthened our leadership in Indiaas pharmaceutical industry and fortified our promise of strengthening our global focus by consolidating and deepening our presence in the key markets of India, South Africa, the U.S., and other economies of the emerging world.

Cipla employs handpicked professionals not just for their knowledge and experience but for their zeal to make a difference to the world of healthcare. The company believes that our biggest assets are the employees, who lead us to prosperity and growth in the future. Driven by the vision, none shall be denied, Ciplaas focus has always been on making affordable, world-class medicines with a reputation for uncompromising quality standards across the world.

CIPLA Fall River (INVAGEN PHARMACEUTICALS, INC.)

About InvaGen Pharmaceuticals, a Cipla subsidiary InvaGen Pharmaceuticals, Inc. is engaged in the development, manufacture, marketing, and distribution of generic prescription medicines with focus on metered dose inhaler (MDI). The company was founded in 2003 and is based in Central Islip and Hauppauge, New York. As of February 18, 2016, InvaGen Pharmaceuticals, Inc. operates as a subsidiary of Cipla (EU) Limited.

Scope:

The scope (content and statements) of this job description is designed to describe the general nature and level of work as well as provide a basic understanding of the role, responsibilities, and expectations of the person assigned to perform the job. This job description is not designed to provide an exact or exhaustive list of all job duties, tasks, skills, and qualifications. The intent is to give a general scope of the knowledge, skills, and abilities needed to satisfactorily perform the essential functions of the position and provide basic performance expectations. The scope of the job may be modified with respect to the department, group, and on an individual assigned basis to a sometimes-specific testing group. Consideration of education, relevant training, and experience or a combination of all three may also result in further modification of the role.