Senior Manager

Role Purpose

Act as the Finance Business Partner to Sterile Vertical and Global 3P Operations, providing strategic financial insights, commercial support and robust financial controls across third-party sourced sterile products. Partner closely with Sourcing, Supply Chain, Operations, Commercial, Legal and Hub Finance teams to drive cost competitiveness, profitability, working-capital optimization and financial discipline.

Key Responsibilities

1. Budgeting, Forecasting & Financial Planning

• Lead the annual budgeting process and periodic forecast updates
• Develop and monitor budgets, forecasts and financial performance, ensuring alignment with business plans and strategic objectives.
• Prepare and review monthly MIS, quarterly management packs, departmental expenses and key financial performance indicators.

2. Costing, COGS & Transfer Pricing

• Support the calculation and validation of Cost of Goods, standard costs and transfer prices for third-party products.
• Provide costing support for annual budgeting, new product launches and commercial/business cases.
• Analyse cost drivers and identify opportunities for cost optimization and margin improvement.

3. PPV, Variance Analysis & Cost Control

• Lead the calculation, reporting and analysis of Purchase Price Variances (PPV) and other operating variances related to third-party products.
• Analyse actual versus standard cost, identify root causes and drive corrective actions with Sourcing and Operations.
• Review PPV accruals, commercial COGS accruals and vendor debit/credit notes to identify and resolve mismatches.

4. Inventory & Working Capital Management

• Support the monthly inventory reporting and control process for third-party contract manufacturers, particularly injectable CMO partners.
• Review inventory movements, provisions, write-offs and working-capital performance.
• Partner with Operations and Hub Finance to strengthen inventory controls and improve working-capital efficiency.

5. Commercial & Contract Finance

• Support the development, establishment and maintenance of complex third-party contracts, with specific focus on cost-control mechanisms and bespoke financial clauses.
• Review commercial agreements and amendments from a financial and business-impact perspective prior to execution.
• Partner with Sourcing to evaluate and pursue vendor claims in accordance with contractual terms.

6. Technical Transfer & New Product Support

• Support preparation of Technical Transfer business cases, including cost evaluation, project budgets, forecasts, actuals and project cost control.
• Provide financial evaluation and decision support for new products, sourcing opportunities and strategic initiatives.

7. Freight & Supplier Cost Analysis

• Review YTD freight actuals through Trax/BI reports and investigate discrepancies against accruals or expectations.
• Analyse freight and other supplier-related costs to identify financial leakage and improvement opportunities.

Key Stakeholder Interface

Work closely with:

• Sterile Operations Teams / Site Heads
• Global Sourcing Leadership
• Supply Chain / SCM / Procurement / Commercial
• Commercial Finance, Legal
• Technical Transfer / Project Teams
• Contract Manufacturing Organizations (CMOs)
• Senior Business Leadership

Core Requirements

• CA with minimum 8 years of post-qualification experience, preferably within a large global organization.
• Strong experience in Operations Finance, Sourcing/Procurement Finance, Costing, PPV, COGS and Budgeting/Forecasting.
• Strong analytical capability with the ability to interpret and manage large, complex datasets.
• Hands-on SAP experience, particularly in costing, financial controls and variance analysis.
• Strong business systems, digital and data-analysis skills.
• Proven ability to lead process improvement, standardization and automation initiatives.
• Strong commercial understanding with the ability to evaluate contracts and financial implications.
• Excellent stakeholder-management and communication skills across multiple functions and geographies.
• Ability to manage multiple priorities, work under pressure and deliver within tight deadlines.
• Willingness and flexibility to work across India, Europe and US time zones.
• Strong problem-solving capability, with the ability to Analyse complex situations and develop practical, commercially sound solutions.
• Demonstrated leadership presence, ownership, tenacity and determination to deliver results.