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, supportdistribution &business teamsand 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 financialobjectivesat 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 andtimelyfollow 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, varianceanalysisand net realisation feasibility vs. budget/forecast

• Lead the pricing function - Preparation & Issue of Price Circular as per NPPA norms,timelycommunication of price changes to stakeholders, develop andmonitorcontrols to ensureaccurateMaximum Retail Price (MRP) and discountsupdationin 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 whererequired.

• Simplify and automate finance processes, create Power BIdashboardsand lead other automation projects toimprove efficiencies

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

• Statutory Audit/ Internal Audit/ Global Audit coordination

• Ensure statutory compliancepertaining toSOTC, GST/ Income Taxpertaining toSales

Key Stakeholderinteractions:

• 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, PowerBI) & 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.