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Assistant Manager - Commercial Finance
Cepheid India
posted 1mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
The Assistant Manager, Commercial Finance - India reports to the Finance Controller - South Asia for actively managing the commercial finance function, external and internal financial audits, internal management reporting as well as Statutory Accounting as per US GAAP and I GAAP Reporting for the India business.
Additionally, this position will play a role in and have responsibility in India for managing the credit control, revenue recognition, revenue accounting, collections of the Cepheid legal entity in India
This position is part of the Finance Function and will be located in Gurugram. At Cepheid our vision is delivering a Better Way to improve patient outcomes by enabling access to molecular diagnostic testing everywhere.
In this role, you will have the opportunity to:
- Strengthening the commercial finance function being currently done in India and documenting standard processes in line with global accounting policy and best practices
- Accountable for all accounting activities in India relating to commercial finance, including AR close, balance sheet and Statutory Accounting/Reporting, service accounting this includes Credit mgmt., collections and Revenue recognition.
- Revenue accounting, service accounting and recognition of provisions
- Preparation of monthly collection forecasts
- Post daily deposits
- Maintaining strong partnership with Commercial and HBDC teams, provide partnership wherever required thereby ensuring monthly collection forecasts are achieved
- Communicate with clients (Government Commercial) about billing discrepancies and addressing their issues
- Ensure proper management and control over credit release and reporting on the Account Receivable, DSO days for India Entity.
- Timely escalation to the management over any AR issues
- Initiate collections on past-due accounts
- Maintain AR accounting ledgers as required
- Handle all special billing and credit situations
- Audit ledgers to ensure they contain correct information, such as amounts, taxes, billing addresses and invoice numbers
- Time to time support to commercial team for smooth functioning.
- Basic knowledge related to Tax compliance and other laws.
- Well versed with O2C process
- Support on the preparation of month end AR MIS
- Ensure effective stakeholder communication. Interacting with the cross functional teams on a daily basis to ensure the finance processes are adhered to
Requirement:
- Bachelor s degree with 8+ years of experience OR Master s degree with 6+ years of experience (CA Inter / MBA preferred)
- Prior knowledge of working with SAP
- Strong Stakeholder management skills.
- Problem solving attitude
Employment Type: Full Time, Permanent
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What people at Cepheid India are saying
Assistant Commercial Finance Manager salary at Cepheid India
reported by
1
employee
with 7
years exp.
₹16.6
L/yr - ₹21.2
L/yr
111%
more
than the average Assistant Commercial Finance Manager Salary in India
View more details
What Cepheid India employees are saying about work life
based on 60 employees
Flexible timing
Monday to Friday
No travel
Day Shift
Cepheid India Benefits
Health Insurance 
Work From Home 
Education Assistance 
Job Training 
Soft Skill Training 
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