Why choose AstraZeneca India?

Help push the boundaries of science to deliver life-changing medicines to patients. After 45 years in India, we’re continuing to secure a future where everyone can access affordable, sustainable, innovative healthcare.

The part you play in our business will be challenging, yet rewarding, requiring you to use your resilient, collaborative and diplomatic skillsets to make connections. The majority of your work will be field based, and will require you to be highly-organised, planning your monthly schedule, attending meetings and calls, as well as writing up reports.

Who do we look for?

Calling all tech innovators, ownership takers, challenge seekers and proactive collaborators. At AstraZeneca, breakthroughs born in the lab become transformative medicine for the world's most complex diseases. We empower people like you to push the boundaries of science, challenge convention, and unleash your entrepreneurial spirit. You'll embrace differences and take bold actions to drive the change needed to meet global healthcare and sustainability challenges.

Here, diverse minds and bold disruptors can meaningfully impact the future of healthcare using cutting-edge technology. Whether you join us in Bengaluru or Chennai, you can make a tangible impact within a global biopharmaceutical company that invests in your future. Join a talented global team that's powering AstraZeneca to better serve patients every day.

Tech innovators

Make a greater impact through our digitally enabled enterprise. Use your skills in data and technology to transform and optimise our operations, helping us deliver meaningful work that changes lives.

Ownership takers

If you're a self-aware self-starter who craves autonomy, AstraZeneca provides the perfect environment to take ownership and grow. Here, you'll feel empowered to lead and reach excellence at every level — with unrivalled support when you need it.

Challenge seekers

Adapting and advancing our progress means constantly challenging the status quo. In this dynamic environment where everything we do has urgency and focus, you'll have the ability to show up, speak up and confidently take smart risks.

Proactive collaborators

Your unique perspectives make our ambitions and capabilities possible. Our culture of sharing ideas, learning and improving together helps us consistently set the bar higher. As a proactive collaborator, you'll seek out ways to bring people together to achieve their best.

About AstraZeneca :

AstraZeneca is a global, science-led, patient-focused biopharmaceutical company that concentrates on the discovery, development and commercialization of prescription medicines addressing some of the planet’s most serious diseases. But we’re more than one of the world’s leading pharmaceutical companies.

Job Description:

As the AZ India Commercial Finance Manager, you will support the AZ India Country Finance Business Partner (CBP)/ Controller in ensuring robust cash collection processes, pricing compliances, manage credit risks, automate and simplify finance processes, support distribution & business teams and ultimately drive achievement of the agreed growth drivers and country Financials.

This role is a key local role, providing robust and insightful decision support to CFO, Controller FP&A and Business Unit Directors to enable delivery of our financial objectives at both operational and strategic level.

Major Responsibilities & Deliverables:

• Manage entire Commercial Finance – Support Order to Cash Process for smooth billing & execution, Collaborate with Sales, Marketing & Distribution teams on new product launch & readiness, application of best possible financial compliance as per AZ Commercial Policy

• Government Institution Business Finance Partnering – Approval for tender submissions, Review of Govt. overdue outstanding and timely follow up actions

• Monitor & manage the credit control function independently, ensuring compliance with credit policies & procedures, provide suggestions for improving credit policies

• Complete hold on Account Receivable management including order hold release, DSO forecast submission, monthly/quarterly receivables position review with senior management, variance analysis and net realisation feasibility vs. budget/forecast

• Lead the pricing function - Preparation & Issue of Price Circular as per NPPA norms, timely communication of price changes to stakeholders, develop and monitor controls to ensure accurate Maximum Retail Price (MRP) and discounts updation in SAP system

• Periodical review of NRV for all the ongoing PAP schemes and preparation of workings for new PAP schemes

• Collaboration with Financial Planning & Analysis team on Sales, Sales return, AR, Bad debts provision planning & and detailed variance analysis at month end

• Responsible for monthly reporting to support Sales Management including month end closure and co-ordination with shared services team

• Co-ordinate with IT business support team on implementation of new customized user requirements in SAP on ad hoc basis

• Review and strengthen existing distribution, discount and PAP processes including digitisation where required.

• Simplify and automate finance processes, create Power BI dashboards and lead other automation projects to improve efficiencies

• Support the FP&A team with planning processes, monthly reports, pricing updates and other ad hoc requirements

• Statutory Audit/ Internal Audit/ Global Audit coordination

• Ensure statutory compliance pertaining to SOTC, GST/ Income Tax pertaining to Sales

Key Stakeholder interactions:

• Sales & Marketing Teams

• BU Directors and Country Leadership team

• Finance Controller, FP&A team, Tax and Risk Management teams

• Distribution team

• Regional Finance teams

• Market Access team

• External stakeholders – government institutions, authorised trade distributors, hospitals, etc

Essential Requirements:

• Chartered Accountant with 5 to 7 years of experience in Sales & distribution finance, Credit Control, AR Management, Pricing, preferably in Pharmaceutical, Medical Devices/ Healthcare/ Diagnostics Industry

• Strong academic background with good business acumen.

• Independently manages stakeholders with minimum supervision.

• Ability to independently set, adapt and communicate priorities with multiple concurrent projects.

• Sound analytical skills with profound knowledge in MS Tools (Excel, PowerPoint, Power BI) & ERP (SAP knowledge preferable).

• Excellent communicator, able to build good working relationships with highly diverse internal stakeholders at Country & Regional level.

• Ability to develop Strategic Partnerships.

• Demonstrate AZ Values consistently.

Why AstraZeneca?

At AstraZeneca, we 're dedicated to being a Great Place to Work. Where you are empowered to push the boundaries of science and unleash your entrepreneurial spirit. There’s no better place to make a difference to medicine, patients, and society. An inclusive culture that champions diversity and collaboration, and always committed to lifelong learning, growth, and development. We’re on an exciting journey to pioneer the future of healthcare.

You can find alternative messaging to use in the ‘Global Talent Attraction Story messaging’ section of the Global Playbook on the Employer Brand Portal - try to use other examples in order to make it different for candidates!

So,what’snext?

• Are you already imagining yourself joining our team? Good, because we can’t wait to hear from you.
• Are you ready to bring new ideas and fresh thinking to the table? Brilliant! We have one seat available and we hope it’s yours.

Where can I find out more?

Our Social Media, Discover AstraZeneca on LinkedIn https://www.linkedin.com/company/1603/

Follow AstraZeneca on Facebook https://www.facebook.com/astrazenecacareers/

Connect with AstraZeneca on Instagram https://www.instagram.com/astrazeneca_careers/?hl=en

If you have site, country or departmental social media then feel free to switch any of the above links.

Date Posted

Closing Date

AstraZeneca embraces diversity and equality of opportunity. We are committed to building an inclusive and diverse team representing all backgrounds, with as wide a range of perspectives as possible, and harnessing industry-leading skills. We believe that the more inclusive we are, the better our work will be. We welcome and consider applications to join our team from all qualified candidates, regardless of their characteristics. We comply with all applicable laws and regulations on non-discrimination in employment (and recruitment), as well as work authorization and employment eligibility verification requirements.