In the last 87 + years, Cipla has emerged as one of the most respected pharmaceutical names in India as well as across more than 100 countries. Cipla is a fast-growing pharmaceutical company with a continued focus on the expanse of our strong legacy. We articulated our 2022 winning aspiration to double the number of patients we serve and hence, double the impact we create as a global pharmaceutical company. Over the last five years, Cipla has significantly expanded its portfolio and presence in the U.S. with both a generic and brand division. We at Cipla are inspired by our purpose of 'Caring for Life' and strive to extend this philosophy to our associates and their families. We are looking for talented individuals to grow their careers while growing our business.

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 a range of therapeutic areas, including cardiovascular, anti-infective, CNS, anti-inflammatory, anti-diabetic, and anti-depressants. The company was founded in 2003 and is based in Hauppauge, New York. As of February 18, 2016, InvaGen Pharmaceuticals, Inc. operates as a subsidiary of Cipla (EU) Limited.

Job Purpose:

Provide leadership to InvaGen finance function through effective forecasting, planning, budgeting and managing of financial resources to strengthen the health of the site and to deliver on key financial metrics.

Responsibilities:

• Manage budgets for Capital Expenses (Capex Budget) & Operational Expenses (Opex Budget), Monthly Budget Vs Actual comparison reports, Budget Variance analysis & report.
• Taking steps for variance control.

• Manage new product costing estimations; and
• Prepare monthly product-wise costing, Revenue Vs COGS comparison & analysis.

• Oversee the preparation and publication of various MIS reports for various stake holders such as Periodic Financial Statements, Monthly Profitability reports, Product-wise margin reports, Capacity Utilization, Dosage-wise Yield & Yield Variance report, Monthly Dispatch reports, amongst others.

• Manage accounting day-to-day processes by timely booking invoices;
• Ensuring on time payment of accounts payables;
• Manage and control Assets & Funds;
• Ensure proper provisioning & periodic closing of accounts as per the decided time schedules & with adherence to AS & Guidelines issued by ICAI & the regulatory framework as well as Internal control framework of the company; and
• Manage funds planning & management as per the requirements to ensure timely payment of all the vendors & other liabilities (PF, ESIC, licenses & Govt. dues)

• Ensure timely filling of Quarterly Tax returns for commercial taxes like VAT, CST, ET as per due dates; and
• Arrange data and information for Annual assessment of Taxes, Annual VAT Audit and other taxation related compliance on timely basis.

• Oversee and regularly interact with subordinate team;
• Identify individual level skill development needs, identify training requirements for the subordinate staff; and
• Recommend names for various trainings based on job profile requirement as well as personal development needs.

Major Challenges:

• Aligning priorities and driving excellence across site
• 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

Requirements & Preferred Skills, Competencies, and Experience:

• CA/ICWA or MBA in Finance will be preferred. A Bachelor's degree in finance, accounting or a related field is required.
• A minimum of 10 years of experience in Manufacturing Finance (Inventory Analysis / FA booking role, product costing & analysis, Taxation, Compliances) will be preferred
• Good command on MS Excel is must with good understanding of Accounting standard & policies
• Good communication skills
• Demonstrated leadership skills

Other Job Information:

• Relocation negotiable.
• Employment sponsorship negotiable.
• No remote work available.
• Must be willing to work some weekends based on a relevant business need, if required.

Location: Central Islip or Hauppauge, NY

EEO Statement:

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