Job Overview
We are seeking a highly skilled and experienced
Deputy Manager – Accounts Receivable
to join our dynamic team. The ideal candidate will be responsible for managing revenue accounting for Pharma Developmental Projects using the
POC (Percentage of Completion) method
, overseeing service billing in
SAP
, and maintaining project milestones in
TIMS ERP
. The role also includes preparing revenue phasing and line of sight in Excel, ensuring accurate and timely billing, and supporting various cross-functional teams in the revenue and accounting processes.
Reporting Structure
Role reports to the
Senior Manager – Accounts Receivables
Experience
- Minimum of 5 years of relevant experience in Revenue Accounting, Service Billing, and SAP
- Proven experience in managing and supporting Revenue Accounting and Billing functions in SAP, particularly in the context of Pharma Developmental Projects
- Solid experience with the POC Method of Accounting
- Familiarity with SAP for billing and project milestone management
- Experience in the pharmaceutical or manufacturing industry is preferable
Skills And Competencies
- Expertise in SAP (including SAP FI and SD modules) and Revenue Accounting
- Strong understanding of Service Billing processes in SAP
- Proficient in Excel for preparing revenue phasing and line of sight of revenue
- Ability to handle POC accounting for Pharma Developmental Projects
- Experience in project milestone updates in ERP systems
- Strong analytical skills and attention to detail
- Ability to collaborate with cross-functional teams, including finance, project management, and operations
- Effective communication skills for interaction with internal and external stakeholders
- Strong time management skills with the ability to meet deadlines
Key Roles & Responsibility
- Revenue Accounting Management: Manage the revenue accounting process for Pharma Developmental Projects using the POC method. Ensure accurate and timely recognition of revenue based on project milestones and deliverables.
- Service Billing: Oversee service billing activities in SAP, ensuring accuracy and compliance with agreed billing schedules and contract terms.
- POC Method Implementation: Ensure accurate application of the POC method of accounting, ensuring that revenues and costs are correctly allocated and recognized based on the stage of completion of each project.
- Excel Reporting: Prepare and maintain revenue phasing and line of sight of revenue in Excel, tracking project milestones and forecasting revenue recognition for the upcoming periods.
- Project Milestone Updates: Manage the timely update of project milestones in the TIMS ERP system, ensuring data accuracy and alignment with project timelines.
- Cross-functional Collaboration: Work closely with the Finance, Project Management, and Operations teams to ensure accurate reporting and billing for ongoing projects.
- Stakeholder Communication: Provide regular updates to internal stakeholders regarding revenue recognition, billing status, and project milestone progress.
- Audit Support: Assist in audits by providing necessary documentation, explanations, and support regarding revenue recognition and service billing processes.
- SAP Support: Provide necessary support to resolve issues related to service billing, revenue accounting, and project milestone updates in SAP and TIMS.
- Process Improvement: Continuously assess and improve accounting and billing processes for better efficiency and accuracy.
- Compliance: Ensure all accounting and billing processes comply with relevant regulatory requirements and internal policies.
- Training and Development: Train junior team members and new hires on revenue accounting procedures, SAP billing, and the use of the TIMS system.
Preferences
- Prior experience working in a pharmaceutical or manufacturing environment
- Familiarity with SAP HANA and project accounting modules
- Strong working knowledge of financial controls and compliance requirements related to revenue accounting
Qualification
QUALIFICATIONS
- B.COM / M.COM / CA-INTER / CMA-INTER
About Us
In the three decades of its existence, Piramal Group has pursued a twin strategy of both organic and inorganic growth.Driven by its core values, Piramal Group steadfastly pursues inclusive growth, while adhering to ethical and values-driven practices.
Equal employment opportunity
Piramal Group is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon race, ethnicity, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, genetics, or other applicable legally protected characteristics.We base our employment decisions on merit considering qualifications, skills, performance, and achievements. We endeavor to ensure that all applicants and employees receive equal opportunity in personnel matters, including recruitment, selection, training, placement, promotion, demotion, compensation and benefits, transfers, terminations, and working conditions, including reasonable accommodation for qualified individuals with disabilities as well as individuals with needs related to their religious observance or practice.
About The Team
Piramal Pharma Limited (PPL) offers a portfolio of differentiated products and services through end-to-end manufacturing capabilities across 15 global facilities and a global distribution network in over 100 countries. PPL includes Piramal Pharma Solutions (PPS), an integrated Contract Development and Manufacturing Organization; Piramal Critical Care (PCC), a Complex Hospital Generics business, and the India Consumer Healthcare business selling over-the-counter products.PPS offers end-to-end development and manufacturing solutions through a globally integrated network of facilities across the drug life cycle to innovators and generic companies. PCC’s complex hospital product portfolio includes inhalation anaesthetics, intrathecal therapies for spasticity and pain management, injectable pain and anaesthetics, injectable anti-infectives, and other therapies. The Indian Consumer Healthcare business is among the leading players in India in the self-care space, with established brands in the Indian consumer healthcare market. In addition, PPL has a joint venture with Allergan, a leader in ophthalmology in the Indian formulations market. In October 2020, the company received a growth equity investment from the Carlyle Group.
