West Pharmaceutical Services Looking for Senior Specialist, Finance, India at Andhra Pradesh Full Time

Requisition ID: 62197

Date: Aug 1, 2023

Location:
Sri City, Andhra Pradesh, IN

Department: Finance

Description:
At West, we’re a dedicated team that is connected by a purpose to improve patient lives that has been at the center of our Company for more than a century. Our story began when Herman O. West solved the problem of supplying penicillin in mass quantities to the US Government during World War 2. Through our work to deliver thousands of life-saving and life-enhancing injectable medicines to millions of patients daily, West’s indelible mark on the healthcare industry has just begun. A name started our story. How will yours help write our future?

There’s no better place to join an inclusive community of professionals with opportunities for lifelong learning, growth and development. Supported by benefit programs, we empower the physical, mental, emotional and financial health of our team members and their families.

We believe in giving back to help those in need in the communities where we live and work. And are equally committed to creating a healthier environment and planet through our sustainability efforts.

Job Summary:
The role is responsible to manage Treasury (Payments) and Taxation (GST) of the company in India for all 3 business units (Seals Manufacturing, Trading business and Digital Technology services) in India.

Responsible for Indigenous vendor payments for Materials and Services, Statutory payments, and Bank reconciliations.

Ensure state wise statutory compliance for the 3 business operations in India

Essential Duties and Responsibilities:
Treasury Management

Payment to Vendors and the TDS to Govt. (Cheque, RTGS, Bank transfers)

Payment to all import vendors and taking care of the statutory requirements

Payment of customs duty and all other duties and taxed to Govt.

Arranging of Letter of credit (LCs) and Bank guarantees (BGs)

Cash receipt and payment management

Banking

Maintain Bank reconciliation statement twice in a week.

Clearing of all Bill of Entry (BOE) from Import Data Processing and Monitoring System (IDPMS).

Import Data Processing and Monitoring System (IDPMS) / Export Data Processing and Monitoring System (EDPMS) closure

Taxes and Statutory Compliance

Refund / Audits and assessments

Preparation of monthly Goods and Service Tax (GST) returns for three locations and annual GST returns.

Preparation of Quarterly Tax Deducted at Source (TDS) returns of the company.

Preparing Quarterly Performance (QPR) and Annual Performance (APR) for Special Economic Zone (SEZ) filing

Insurance

To lodge Insurance claim for any damage on Inventory during transit for inbound and outbound.

Coordinate with Insurance agent to conduct Insurance survey for any inventory damage.

Provide the relevant document to get monetary claim for the damaged material from the Insurance company.

ing and Audit

Reconciliation of Goods Receipt/Invoice Receipt (GR/IR) for Inter- company (IC) balance and consider stock in transit.

Providing information to Auditors and handle the audit relating to above Job responsibility.

Providing information for Goods and Service Tax (GST) audits.

Proper maintenance of entire accounting records relating to the above responsibility

Others

Support finance tasks during absence of other team members

Quality: The job holder is aware of his/her special responsibility for quality and conducts his/her activities in accordance with the Company’s quality policy at all times. Ensure that all operations in your area of responsibilities are comply with GMP ISO 9001 & ISO 15378 (as per current version)

SOP: The job holder is aware of all relevant SOPs and SOIs as per Company policy as they are related to the position covered by this Job Description.

Safety: The job holder is aware of his/her special responsibility towards health and safety in accordance with the company’s safety policy at all times; Work safely by not causing unsafe conditions or doing unsafe acts

Lean: Support and contribute actively in Lean Sigma programs and activities towards delivery of the set target. Reduce printing or photocopying; use recycle papers

Education and Experience:
Chartered Accountant (CA) / Cost and Management Accounting (CMA) – Inter with 5 to 8 years experience

Master’s in commerce or MBA Finance with 8 to 10 years of experience

Knowledge, Skills and Abilities:
General understanding of accounting

Strong analytical skills

Knowledge of Microsoft excel and word Business

SAP experience is preferred

Competencies/Authorities

Teamwork

High accuracy, data driven and details oriented

Customer-oriented

Effectiveness & Quick response

Patience, Persistence

Physical and Travel Requirements

Travel requirement: 10% of the time

West embraces diversity and equality of opportunity. We foster an environment where all individuals are safe, treated fairly, valued and respected. We do not discriminate on the basis of race, religion, color, national origin, gender, sex, gender identity, sexual orientation, age, marital status, veteran status, disability status or other applicable legally protected characteristics. Where permitted by law, employment with West Pharmaceutical Services, Inc. or any of its subsidiary or affiliate companies, is contingent upon the satisfactory completion of post-offer background screening and/or drug screening.