Mumbai, Maharashtra, India
Driving Root Cause Analysis (RCA) calls and sharing draft analysis; taking business partner for International Business, Neuroscience, Reimburse Business & Infectious Disease Franchises for the Pharma Division of Johnson & Johnson Rendering assistance to the business with analysis and financial inputs for new business cases, new business & financial models Coordinating with Leadership Team & Regional Pricing Team on pricing approvals and providing requisite data & information to take required decisions Extending analysis support & risk sensitivity for government tenders Designing and implementing systems & procedures; supervising the consolidation of group accounts and preparation of financial statements & annual reports Supervising the preparation of MIS reports to provide feedback to top management on financial performance, including fund management, credit control, profitability and so on
Reviewed business plan with the management; reviewed challenges and developed forecasts with business on plan commitments, highlighted deviations Reviewed NTS & OPEX at regular intervals with business to highlight areas of opportunities & risks; identified unutilized spend to support other businesses Tracked field activities spend to identify amount spend in line with activities planned at the beginning of year and to track the status of activities Presented budget vs actual data for NTS and OPEX target for rest of year & implemented action plan Coordinated with business for financial analysis of new product for NPV, IRR and payback, and provided recommendations Reimbursed business; collaborated with Commercial Team to finalize the strategy for next year w.r.t accounts, products & channel Contributed as a part of the Core Committee for GST Go Live
Headed the Revenue & Accounts Receivable process for Pharmaceutical Division; ensured all Revenue SOP’s were in line with WWP guidelines & position paper issued by global team on timely basis Regular AR review to ensure nil delays in payment from distributors Ensured distributor claims for goods return / price difference were settled as per agreed TAT and that businesses were informed well in advance in case of delays Calculated and implemented new MRP for products under NLEM as per DPCO guidelines; developed processes & put controls in place for any customer modification & blocking of customer codes in case due diligence was not completed within due date Successfully implemented end user code in SAP to track details of institution / hospital to whom supplies have been made via distributor Rendered assistance in providing necessary documents, information & clarification to the investigators for conducting investigations Managed the successful transition of processes managed by third party & ensured the same was smoothly transitioned to new service provider without any major challenges / issues Performed master data updation in SAP; prepared OPEX & GOGS summary sheet along with monthly VAT data Provided timely evidences and data for closure of Statutory audit, tax audit (including transfer pricing), internal audit and controls, MVAT assessments
Led a skilled team of 7 employees while ensuring that all the daily & month end (Intercompany reconciliation, Cash & Bank Reconciliation, Provision & Accruals) activities were carried out smoothly Drove a range of key activities including monthly book closure, development & presentation of financial statements & MIS reports to management, ensuring timely compliance with all statutory regulations and updating management for funds requirement Rendered proactive assistance to the companies in extensive review and close monitoring of the book closing process, statutory compliances, statutory and tax audits Supported in Review of internal control systems and drafted a deficiency report on the same to report to the management Steered initiatives towards F&A process improvement, strengthened controls and designed working capital management practices Prepared policy compliance and risk and control framework, delegation of authority and finance organization and reporting structure Conducted workshops to gained a thorough understanding of the ‘As‐Is’ F&A processes for the Banking Industry Created process maps in MS Visio/Sparx for all F&A processes to bring clarity in Roles, Responsibilities and Operation Conducted Zero Based Budgeting for the organization; steered manpower planning, overhead cost budgeting, defined KPIs Developed templates for tracking actual cost v/s budgets on a timely basis and for evaluation of Revenue (Price), Costs and Profitability
CA Trainee