Senior Chief Manager – Finance

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Division

Piramal Critical Care

Piramal Critical Care (PCC) a business unit of Piramal Pharma is the fourth-largest producer of inhaled anesthetics and a global player in hospital generics. We are motivated by our vision of commitment to delivering critical care solutions for patients and healthcare providers across the globe while achieving sustainable and profitable growth for all the stakeholders.

PCC maintains a wide presence across the US Europe and more than 100 countries across the globe. Its rich product portfolio includes Inhalation Anesthetics such as Sevoflurane Isoflurane and Halothane as well as Intrathecal Baclofen therapy for spasticity management.

PCC has a strong manufacturing and process development experience with wholly-owned state-of-the-art manufacturing facilities in the United States and India inspected periodically by the US FDA and the UK MHRA and other regulators. The strategic locations of our facilities help us supply high-quality products around the world timely at optimal costs.

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Senior Chief Manager Finance

Job Description

Serve as Finance Head for PCC India and RoW Commercial Finance partner with end-to-end accountability across accounting financial control manufacturing finance global costing FP&A and business partnering. Drive financial governance audit readiness accurate reporting cost excellence and working capital performance while delivering commercially relevant insights for RoW markets.
Own global costing governance to ensure standard cost accuracy margin visibility and alignment with SAP/S4HANA-led processes. Lead finance transformation and build scalable controlled system-driven processes while enabling business decisions through pricing analytics margin governance customer profitability and structured performance reviews.

Business: Piramal Critical Care

Department: Finance

Travel: Medium

Location: Kurla Mumbai

Reporting To: Sr Director - Finance

Direct Reports: Yes

Essential Qualification

• Qualified Chartered Accountant (CA) is mandatory; candidates who cleared CA in the first attempt will be preferred.

Relevant Experience

• Chartered Accountant (CA) or equivalent qualification

• 12 years of experience across manufacturing finance accounting costing FP&A and business finance

• Strong experience in product costing inventory control and manufacturing finance

• Exposure to commercial finance pricing analytics tender support customer or distributor profitability and business partnering in multi-market environments preferred

• Experience in SAP FICO MM PP and S/4HANA environments

• Proven experience in leading teams and driving finance transformation

• Experience in pharmaceutical or complex manufacturing environments preferred

Key Responsibilities

1. Lead Accounting Financial Control & Compliance

• Own end-to-end accounting for PCC India ensuring compliance with GAAP company policies and audit requirements.

• Ensure timely and accurate monthly quarterly and annual financial close with robust review controls and governance.

• Strengthen internal control framework across accounting inventory fixed assets and financial processes including SOX compliance requirements.

• Drive audit readiness manage external/internal audits and ensure closure of audit observations.

• Oversee statutory tax and regulatory compliance across India operations.

• Ensure appropriate accounting for inventory valuation manufacturing variances and fixed assets.

2. Lead Manufacturing Finance & Plant Performance

• Provide financial leadership across Dahej Digwal and third-party manufacturing sites acting as finance partner to plant leadership.

• Drive cost efficiency through material labor and overhead variance analysis and identification of cost optimization opportunities.

• Act as the financial conscience of plant operations highlighting inefficiencies cost leakages and improvement areas.

• Ensure development and monitoring of plant KPIs operational metrics and profitability drivers.

• Partner with manufacturing and supply chain to improve inventory performance and working capital efficiency.

• Ensure strong cost discipline and financial visibility across manufacturing operations.

3. Global Costing Head (Product Costing & Margin Governance)

• Own global product costing governance across PCC including standard cost setting BOM validation and cost roll-ups.

• Ensure accuracy consistency and transparency in product costing across entities and systems.

• Lead analysis of price-volume-mix cost drivers and margin movements to support business decisions.

• Drive standardization of costing methodologies templates and SAP configurations.

• Partner with commercial and supply chain teams to support pricing decisions and margin optimization.

4. Financial Planning Reporting & Business Performance

• Lead budgeting forecasting and performance tracking processes for PCC India.

• Drive variance analysis KPI tracking and business performance reviews with meaningful insights.

• Provide clear visibility on EBITDA cost drivers and operational performance trends.

• Support OpsCom and leadership reporting with structured financial commentary.

• Enable data-driven decision-making through strong financial analytics and storytelling.

5. Treasury Working Capital & Cashflow Management

• Manage cashflow planning banking operations and liquidity management.

• Drive improvements in accounts receivable inventory and payable cycles.

• Ensure robust working capital governance and visibility.

• Partner with corporate finance on funding treasury strategies and financial risk management.

6. Capex Governance & Investment Evaluation

• Evaluate capital investment proposals with detailed financial analysis including ROI payback and IRR.

• Track project execution monitor financial performance and highlight deviations.

• Ensure periodic review of capex benefits realization versus plan.

• Oversee fixed asset verification and financial integrity.

7. Commercial Finance RoW Business Partnering & Strategic Support

• Act as the finance business partner for RoW commercial teams supporting pricing tenders distributor economics product profitability and market expansion decisions.

• Provide financial analysis for pricing actions customer contracts promotional proposals supply allocations and product-mix decisions across RoW markets.

• Develop and maintain margin visibility by product geography customer and channel including analysis of price-volume-mix freight duties rebates and other commercial cost drivers.

• Support annual operating plans rolling forecasts and commercial performance reviews for RoW markets with clear commentary on risks opportunities and execution gaps.

• Partner with business development commercial supply chain regulatory and operations teams to evaluate new product opportunities market launches customer tenders and distributor arrangements.

• Strengthen commercial governance by ensuring appropriate review of business cases pricing approvals contract financial terms and post-decision tracking of commitments versus actual performance.

8. Finance Transformation & Systems

• Lead SAP S/4HANA stabilization and ensure strong financial integration across modules.

• Drive automation standardization and elimination of manual processes.

• Strengthen system-driven controls and reporting frameworks.

• Partner with IT and global teams to improve finance systems and reporting capabilities.

9. Global Integration & Shared Services

• Support transition and integration of finance processes into shared service models.

• Ensure business processes managed by shared service teams are functioning efficiently with clear ownership service levels escalation mechanisms and performance monitoring.

• Drive continuous improvement in shared service operations by identifying process gaps resolving bottlenecks and strengthening controls after transition.

• Ensure scalable and efficient finance operations aligned with global practices.

• Collaborate with global finance teams in the US and corporate functions to drive consistency and alignment.

10. Team Leadership & Capability Development

• Lead and develop finance teams across accounting costing plant finance and FP&A.

• Build strong ownership accountability and analytical capability within the team.

• Drive a culture of continuous improvement governance and business partnership.

• Serve as an escalation point for financial system and operational issues.

Key Competencies

• Strong expertise in FP&A internal controls and financial governance

• Deep understanding of manufacturing finance product costing and commercial margin drivers

• Ability to evaluate pricing tenders customer economics and market-level profitability

• Strong analytical and problem-solving capability

• Ability to translate data into actionable business insights for finance and non-finance stakeholders

• Strong business partnering and stakeholder management skills across manufacturing supply chain and commercial teams

• Proven leadership and team development capability

• High ownership and results-oriented mindset