Senior Manager-GTN & MIS

Job Description:

• Lead the monthly financial close process ensuring timely and accurate reporting of financial results preparing Financial Statements and MIS reports for management.

• Oversee monthly sales closing and reconciliation with supporting data and systems.

• Review and finalize Cost of Goods Sold (COGS) on monthly basis for Financial Statement and Inventory Reconciliation.

• Provide technical accounting guidance to team members in proper accounting prepare accounting memos for revenue recognition and audit supports.

• Analyse financial data and provide commentary and insights for business decision.

• Conduct monthly meetings to discuss the financial and operational results regional office stakeholders and senior management.

• Inventory & Cost Management

• Ensure accurate monthly inventory valuation including reconciliation with operational data and accounting records.

• Monitor inventory-related financial impacts and coordinate with operations and supply chain teams.

• Prepare Inventory analysis NRV Slow Moving Distribution Channel Inventory reporting and rollforwards.

• Gross-to-Net (GTN) & Revenue Adjustments

• Own the GTN reporting and its related variables and accruals like chargeback admin fees rebates and Medicaid rebates expiry returns etc.

• Oversee accuracy and timeliness of all accrual rates calculation to lowest available data level including chargeback rebates returns etc.

• Perform and review GTN true-up analysis to ensure accurate revenue recognition.

• Validate wholesaler SSA agreements and Walgreens SSA calculations for financial accuracy.

• Provide the GTN trend analysis by products customers and other matrix with commentary to management to aid in decision making process and reduce the revenue leakages.

• Audit Compliance & Tax Coordination

• Coordinate with external auditors to ensure timely completion of annual audits.

• Provide required financial information and schedules to CPAs for federal and state tax return filings including multi-state requirements (e.g. Washington Ohio etc.).

• Ensure compliance with applicable accounting standards and regulatory requirements.

• Stakeholder & Cross-Functional Coordination

• Act as the primary finance liaison for the US team on financial matters and operational issues.

• Collaborate with internal departments to resolve financial discrepancies and ensure accurate reporting.

• Provide financial data analysis and supporting documentation to internal and

• external stakeholders as required.

• Leadership & Oversight

• Supervise finance team members responsible for GTN calculations admin fee

• processing and financial reporting.

• Ensure accuracy efficiency and continuous improvement in finance processes and

• controls.

• Lead Accounts Receivable and Accounts Payable Team

• Coordinate and supervise the AR team for accurate reporting of AR and AP Aging

• Cash Flow Reporting.

• Track KPIs such as DSO/DPO aging trends deduction ratios and bad debt exposure

• and improve working capital.

• Support the process of Investigation and analysing customer deductions (e.g. pricing

• discrepancies promotional allowances returns shortages damages).

• Ensure accuracy efficiency and continuous improvement in finance processes and

• controls including timely payments of Vendor.

• Lead the weekly meetings with regional finance head to review the AR and AP

• reports and discuss the laggards and delays.

• Process Improvements and Support SAP Implementation process

• Continuous review of processes Identifying and implementing process

• improvements to reduce deductions and improve efficiency.

• Key contributors for improvements in SAP financial environment working and

• collaboration with SAP Implementation and support team for SAP bugs issues and report

• development.

Employment Type : Full Time
Experience: years
Vacancy: 1