Our client specializes in developing, manufacturing, packaging and testing non-sterile liquid and semi-solid pharmaceuticals. They focus on topical products such as creams, gels, lotions etc.

Our client specializes in developing, manufacturing, packaging and testing non-sterile liquid and semi-solid pharmaceuticals. They focus on topical products such as creams, gels, lotions etc.

Responsibilities of the Senior Financial Analyst is as follows:

Cost Accounting & Analysis:

• Maintain and analyze standard costs for raw materials, packaging, WIP, and finished goods in SAP.
• Conduct variance analysis (material, labor, overhead) to identify cost drivers and recommend corrective actions.
• Collaborate with operations and supply chain teams to ensure accurate cost allocations and inventory valuations.

Financial Planning & Reporting:

• Develop and manage annual budgets and forecasts for manufacturing operations.
• Prepare monthly financial reports, highlighting key performance indicators and variances.
• Support month-end and year-end close processes, ensuring timely and accurate financial reporting.

Strategic Business Support:

• Partner with cross-functional teams to evaluate cost implications of new products, processes, and capital investments.
• Provide financial insights to support pricing strategies and margin improvement initiatives.
• Assist in the development and implementation of cost-saving initiatives and process improvements.

Systems & Process Improvement:

• Leverage SAP and other financial systems to streamline reporting and analysis processes.
• Identify opportunities to enhance financial systems and tools for better efficiency and accuracy.
• Ensure compliance with internal controls and company policies related to financial reporting and cost accounting.

TMGMS

Education:

• Bachelor's degree in Accounting, Finance, or a related field.
• CPA designation is required.

Experience:

• Minimum of 4+ years of experience in financial analysis with a strong emphasis on cost accounting in a manufacturing environment.
• Proven track record of analyzing manufacturing costs and driving financial improvements.

Technical Skills:

• Proficiency in SAP FI/CO modules and advanced Excel functionalities (e.g., pivot tables, VLOOKUPs, financial modeling).
• Experience with financial reporting tools and ERP systems.

Key Competencies:

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Ability to work collaboratively across departments and influence decision-making.
• Detail-oriented with a commitment to accuracy and continuous improvement.