Finance Executive at Glenmark Pharmaceuticals

Job Description:

Latest Job Information from Company Glenmark Pharmaceuticals as position Finance Executive. If Job Vacancy Finance Executive in Mumbai, Mahārāshtra matches your criteria, please send your latest application/CV directly through the latest and most updated job site Jobkos.

Every job may not be easy to apply for, because as a new candidate / prospective employee must meet several qualifications and requirements according to the criteria sought by the Company. Hopefully the career information from Glenmark Pharmaceuticals as the position Finance Executive below matches your qualifications.

POSITION DESCRIPTIONRole/Position Title: Credit and Collections Coordinator Grade: US05 - Finance Executive SM3SBU: Finance Department/Function: Finance Country: India Location: Head Office, Mumbai Reporting Manager: Senior Manager Accounts Receivable (US Based) Second/Skip Level Manager: Director Finance Controller (US Based)POSITION SUMMARYThis position is responsible for managing credit collections for US region by handling accounts receivable, handling collections and maintain data. The position would also be expected to optimize processes and collection operations to reduce costs and effort. OVERALL JOB RESPONSIBILITIES1.

Financial Perspective: Maintain A/R (Accounts Receivable) Invoice Percentage Current of at least 99%. Meet monthly cash forecast by 100% or above through up-to-date follow-ups and collections of past dues.2. Innovation Perspective: Assist in the customer conversion to the new bank on applicable accounts and ensuring a seamless transition.

Constantly find ways to improve collections i.e. EFT conversions, developing a log of deduction notification to minimize having to request back-up on open deductions, recommend system improvements in A/R, assist in storing Customer Financial Statements.3. Operational Perspective:i. Process sales returns upload file within assigned turnaround time of submission from the Returns Team.

Perform a root cause analysis of the issues that cause delays in the processing to stop recurrence. Cheque posting & Reconciliation. ii.

Work on reduction in open deductions and dispute resolution through follow-ups, root cause analysis and constant collaboration with other interdepartmental teams for resolution; Assist as assigned with the Top 3 deductions analysis & investigation, follow-ups and resolution. Recommend resolution of collectable and non-collectable items for credit issuance and write off.4. Stakeholder Management Perspective: Continue to maintain the Deduction Master Code Report for accurate deduction coding and reporting and to minimize unknowns.

KEY INTERFACES /INTERACTIONSExternal Interfaces: Customers and third party returns processor. Internal Interfaces: Regional Finance teams, warehouse, customer service, sales, chargebacks, rebates & claims teams. KNOWLEDGE, SKILLS AND ABILITIESEducation (degree/diploma): Graduates or Post Graduates in the field of Finance or Commerce.

Experience: 6-8 years of relevant experience. Experience in pharmaceuticals/life sciences industry preferred. Knowledge and Skills (Functional/Technical):

• Strong analytical capabilities
• SAP exposure
• Microsoft excel proficient
• Good inter-personal skills and with a hands on approach
• Ability to work independently without much supervision
• Resilient, pragmatic and hardworking
• Structured thinker, good on both strategy and detail
• Can be rapidly effective in a matrix structure
• Articulate with good communication and presentation skills
• Demonstrated the ability to balance multiple changing priorities in a highly dynamic environment.

Job Info:

• Company: Glenmark Pharmaceuticals
• Position: Finance Executive
• Work Location: Mumbai, Mahārāshtra
• Country: IN

How to Submit an Application:

After reading and understanding the criteria and minimum qualification requirements explained in the job information Finance Executive at the office Mumbai, Mahārāshtra above, immediately complete the job application files such as a job application letter, CV, photocopy of diploma, transcript, and other supplements as explained above. Submit via the Next Page link below.