Unit Finance Manager

Our Client: was founded in 2018 with the vision to create an organized panIndia technology driven and integrated healthcare products distribution platform that can add value to the entire healthcare ecosystem.

• One of Indias largest and fastest growing healthcare products distribution platforms
• Amongst the top three healthcare products distributors in India in terms of revenue in FY22
• Wide operational presence across India with presence across 495 districts through physical warehouses in 37 cities.
• Largest hospital customer network among pharmaceutical products distributors in India
• Among the top three healthcare products distributors in India to have a wide network reach with retail pharmacies.
• Achieved the fastest scaleup of operations among healthcare products distributors in India (FY19FY22)

JOB Description :

Accounting and compliance
o Maintain accurate books of accounts
o Vendor Bill Processing : Checking Documentation and Booking of Vendor Bills; payment processing
o Banking Operations : Collection / Banking of Cheques Documentation Accounting Coordination; Daily bank reconciliations including reconciliation of daily deposit of collection
o Vendor / Customer Reconciliation and preparation of details in connection thereto
o Monthly closing of books
o Compliance to accounting standards
o Coordinating with the auditors
o Ensure adherence to all compliances at all locations of Branch/Unit
o Preparation of GST/ TDS Returns Filing Audit and Reconciliations

Internal Controls
o Ensure and Validate Monthly Reconciliations Billing Bank Inventory Customer and Vendor
o Ensure and Validate Internal controls around Procure to Pay and Order to Cash Process
o Facilitating Coordination Reconciliation and Follow Up of physical verification of inventory on monthly basis such that all items of inventory are physically verified atleast once a quarter

Business Support
o Provide Business support to the Unit Head with Financial Information and Analytics for decision support and Controls
o Preparation of monthly MIS and dashboards as per Corporate team requirements as per timelines specified in reporting calendar
o Preparation of Annual budgets

Working Capital
o Monitor working capital closely and highlight deviations on real time basis
o Drive Corporate initiatives on optimization of inventory
o Customer / vendor outstanding Ageing data analysis
o Closely monitor receivables and collection to ensure overdues are kept below 10% of total receivable
o Identify and highlight to management sticky receivables in order to enable quick action for receovery
o Monitoring of claims and credit notes

Other areas
o Adhoc reports as may be required by Regional team / Corporate office
o Implement Automation and Process orientation initiatives

Accounting,compliance,internal,controls,banking operations