Finance Manager – Trade Payable & Controls

What You Will Do

In this role, you will be responsible for managing trade payables, RCM, IFC, and internal audit activities. The ideal candidate will demonstrate flexibility, strong cross-functional communication skills, and the ability to learn and adapt independently within Molbio’s team-oriented and innovation-driven culture.

You will also coordinate with various legal entities through dotted-line reporting and work closely with external consultants who support routine activities.

This is an excellent opportunity for the right individual to broaden their experience and strengthen their skills within an organization that offers significant opportunities for career growth.

Key Responsibilities

1) Accounts Payable

• Accurate and timely booking of invoices and processing of payments
• Preparing and maintaining accurate MIS reports, dashboards, and financial summaries related to Accounts Payable
• Managing vendor aging, vendor confirmations, vendor reconciliations, and relevant schedules
• Maintaining control over GR/IR and interunit transfers
• Monitoring POs, including open and incomplete POs
• Managing data related to domestic and export commission
• Driving process improvement and automation initiatives
• Collaborating with logistics and procurement teams to manage customs-related documentation and processes
• Maintaining organized financial records with high standards of data integrity and confidentiality
• Assisting in month-end, quarter-end, and year-end closure of the trial balance
• Coordinating with teams across locations and sites
• Ensuring accurate TDS deduction and deposit (e.g., 194C, 194J, 194Q)
• Verifying GST input credit before payment processing

2) Other Areas

• Implementing RCM and coordinating with IFC, Internal Audit, and Statutory Auditors
• Monitoring compliance with relevant provisions under the Income Tax Act and FEMA
• Maintaining duplicate payment blockers and performing GR/IR clearing
• Driving AP automation and workflow improvements
• Ensuring compliance with Transfer Pricing provisions for intercompany transactions
• Preparing Related Party Schedules as per Ind AS
• Planning and coordinating quarterly and annual audits related to AP and associated functions
• Applying strong practical knowledge of direct and indirect taxes in relevant areas
• Staying updated on customs regulations and ensuring compliance with import/export documentation and procedures

Who You Will Work With

• You will be part of the Controllership Team and report to the Financial Controller.
• The Controllership Team is committed to being a strategic finance partner, delivering high-quality accounting services and ensuring timely, accurate compliance and reporting.
• You will collaborate closely with internal partners, customers, and stakeholders including Tax, Legal, Compliance, and other relevant functions, along with various internal and external parties and auditors.
• The team size will be approximately 3–4 members

Who You Are

• A qualified Chartered Accountant with 5–10 years of experience in the manufacturing industry; experience with Big 4 firms is an added advantage
• Strong knowledge of the Companies Act and applicable Ind AS standards
• Strong SAP knowledge with hands-on experience in SAP MM-FI in a manufacturing environment
• Comfortable working within a matrix organization with controllership and compliance objectives
• Strong teamwork, collaboration, stakeholder management, and project management skills
• Excellent written and verbal communication skills
• Proficient in Microsoft Excel, PowerPoint, Word, and other office tools
• Ability to work effectively as part of a team

Why Molbio

Molbio is a disruptor in the global healthcare landscape, transforming traditional paradigms in point-of-care diagnostics. With a vision to universalize access to precise, rapid, and cost-effective healthcare technologies, Molbio leads the way in decentralizing and democratizing diagnostics through its advanced portable platforms.

Renowned for its WHO-endorsed Truenat® real-time PCR platform and an ever-growing portfolio of tests, Molbio empowers remote and resource-limited settings worldwide to perform sophisticated diagnostics—from infectious diseases such as TB and hepatitis to non-communicable diseases such as breast cancer, sickle cell disease, and diabetes.