Responsible for identifying and implementing policy changes / guidelines to ensure operational efficiency of OTC KPIs
Key SPOC for IFRS-15
Dimension and Volume of the Function : Business Volume of 25'0 Billion INR for In-Vivo Business in IndiaContacts : Country Management, BA Management, BL Management, Sales Management, Service Management, Project Management, Logistics, Taxation, Accounting & Controlling, Performance Controlling, Auditors, O2O Team, O2C TeamPriorities :
To execute effective mechanism for review and and analysis of various Balance Sheet Accounts such as FA, UBC, Inventory, Accruals etc
Responsible for IFRS compliance including Revenue Recognition
To be a key participant in digitalisation / automation of current manual / excel based processes
Reviewing and monitoring of key KPIs for OTC - Revenue FC, Inventory, DIO, DSO , Cycle Time, NCC
Responsible for identification of digitalization opportunities and driving them along with Business, Digi and IT team
To ensure timely monthly closing entries including entries related to Accruals, Guideline Based Provisions
Analyze financials (Balance Sheet and P&L) and provide improvement areas after assessing root causes. Closely work with Business Stakeholders to address such issues
Set-up effective and efficient processes to ensure smooth month-end closing practices on Revenue, Accruals, Provisions etc