What are the responsibilities and job description for the Financial Controller position at Piramal Pharma Ltd?
Piramal Pharma is a global leader in the pharmaceutical industry, dedicated to delivering innovative solutions that improve patient outcomes. We are committed to excellence and integrity in all our operations, and we are looking for a Finance Controller to join our dynamic team.
Position Overview:
As the Finance Controller, you will play a crucial role in overseeing our financial operations, ensuring compliance with tax laws, and enhancing our financial processes. You will be responsible for managing payroll, month-end close activities, tax reporting, and fixed asset management, among other key responsibilities. This is an excellent opportunity for a detail-oriented finance professional who thrives in a fast-paced environment.
Key Responsibilities:
- Oversee payroll on a bi-weekly basis, handling exceptions, troubleshooting issues, and improving the interface between ADP and SAP.
- Monitor and collaborate with ADP to resolve errors, process garnishments, and ensure accurate implementation of all benefit changes.
- Ensure state employment tax reporting is structured correctly and remains current for all states where employees reside.
- Perform month-end close activities, including journal entries, accruals, payables, and customer invoicing, adhering to a one-day deadline.
- Calculate and submit monthly Use Tax forms to the State.
- Track and submit all tax form 1099s, ensuring compliance with regulations.
- Stay updated on changing tax laws and assess their impact on our business to ensure compliance with all laws and deadlines.
- Conduct monthly reconciliations, analyze variances, improve procedures, and initiate corrective actions as necessary.
- Manage cross charges for ADP, regional operations, and Business Development across various sites.
- Review GRIR (Goods Receipt/Invoice Receipt) and clean up entries on a quarterly basis.
- Record all incoming collections and collaborate with shared services for accurate accounting.
- Track and maintain all fixed assets, including tagging, disposing, and monitoring physical locations.
- Provide third-party financial reporting and analysis as required.
Qualifications:
- Bachelor’s degree in Finance, Accounting, or a related field; CPA or CMA certification is a plus.
- Minimum of 6 years of experience in finance or accounting, preferably in a pharmaceutical or manufacturing environment.
- Strong knowledge of payroll systems, tax regulations, and financial reporting.
- Proficiency in SAP and ADP systems; experience with other financial software is a plus.
- Excellent analytical skills with a keen attention to detail.
- Strong organizational and time management skills, with the ability to meet tight deadlines.
- Effective communication and interpersonal skills, with the ability to work collaboratively across departments.
Why Join Us?
At Piramal Pharma, we value our employees and offer a supportive work environment that fosters professional growth and development. We provide competitive compensation, comprehensive benefits, and opportunities for advancement within our global organization.
