Job Description

Business: Piramal Critical Care


Department: Finance


Location: Kurla, Mumbai


Travel: Low





Job Overview The Product Finance Manager role will be responsible for:


• Arriving at product costs at SKU level.
• Maintenance of inputs to arrive at product costs in Qliksense and ensuring timely update of inputs to facilitate effective decision making.
• Reviewing product cost for new products and new launches to ensure margins are maintained at the organizational/acceptable level
• Studying the existing product costing and suggesting measures for improvement in product cost

Key Stakeholders: Internal Finance department, Supply chain, Production teams





Key Stakeholders: External Role reports to: Senior Finance Controller





Reporting Structure: Role reports to: Senior Finance Controller





Experience: • A Cost accountant having an experience of 4 to 7 years post qualification in similar sized organizations.
• Someone who has played an active role in managing product costing, margin management and analysis.
• From a manufacturing organization.
• Must have effective communication skills with an ability to drive discussions to successful closure.
• Pharmaceutical or Life Science Industry a plus

Key Roles & Responsibilities: • Arriving at product costs at SKU level.
• Maintenance of inputs to arrive at product costs in Qliksense and ensuring timely update of inputs to facilitate effective decision making.
• Reviewing product cost for new products and new launches to ensure margins are maintained at the organizational/acceptable level
• Studying the existing product costing and suggesting measures for improvement in product cost
• Circulation of detailed margin report on a monthly basis covering observations, analysis and action plan in consultation with different stakeholders.
• Circulation of executive summary on margin on a monthly basis highlighting key deviations and corrective actions.
• Holding product cost review/margin management meetings with various stakeholders and highlighting major variations in budgeted cost vs actual cost
• Working with various stakeholders to ensure cost optimization and building productivity enhancement pipeline to ensure cost reduction.
• Driving cost improvement workshops and margin improvement strategies through productivity workshops.
• Tracking progress of actions in the productivity workshops and highlighting major deviations against planned actions.
• Working with various stakeholders to arrive at the product cost inputs for budget and LRP.
• Validation and verification of cost structures for products in pipeline/new product lines.
• Working with the CMO's to arrive at the most optimum cost structure and validation of costs factored in by CMO's through effective deliberation and discussions.


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.

Piramal Critical Care (PCC), under Piramal Pharma Limited (PPL), a subsidiary of Piramal Enterprises Limited, is the third largest producer of Inhaled Anaesthetics and a global player in hospital generics. Motivated by its vision to deliver critical care solutions for patients and healthcare providers across the globe, PCC is committed to enabling sustainable and profitable growth for all its stakeholders.


PCC maintains a wide presence across the USA, Europe and more than 100 countries across the globe. Its rich product portfolio includes Inhalation Anaesthetics such as Sevoflurane, Isoflurane and Halothane as well as Intrathecal Baclofen therapy, for spasticity management. PCC has wholly-owned, state-of-the-art manufacturing facilities in the US and India that have successfully cleared periodical inspections by the US FDA, UK MHRA and other regulators.


Its core strength lies in a highly qualified global workforce of more than 400 employees across 16 countries. PCC is focused on further expanding its global footprint through new product additions in the critical care space.


Committed to corporate social responsibility alongside Piramal Group, PCC collaborates with various partner organizations and proudly takes an active role in providing hope and resources to those in need, as well as caring for the environment.