Senior Associate Manager, Commercial Finance

💰 ₹18,000 - ₹28,800 (Est.) 📍 Ajmer 🕐 3 days ago

Job Description

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Plant-A Insights Group
Finance manager – fp&a, forecasting
Plant-A Insights Group · Agra, Uttar Pradesh · via Trabajo.org
22 hours ago
Full–time
No Degree Mentioned
Apply on Trabajo.org
Job description
Company Description Plant-A Insights Group is a data intelligence-driven organization dedicated to guiding businesses and consumers through facts and insights via industry-leading lists and rankings. As an environmentally conscious company, our team spans Germany, the USA, the UK, and India and includes entrepreneurs, machine learning experts, and research professionals backed by an accomplished a...
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Novugen
Senior Associate Manager, Commercial Finance
Novugen · Ajmer, Rajasthan · via Trabajo.org
21 hours ago
Full–time
Apply on Trabajo.org
Apply on Jobrapido.com
Job description
About us

Novugen is a wholly owned subsidiary of SciTech International, a UAE-based group with over 30 years of experience in the healthcare industry. We specialize in venturing into strategic healthcare businesses and developing world-class healthcare facilities across the globe. With operations in eight countries across continents, our global presence and expertise empower us to meet the complex challenges of delivering hard-to-source, technology-intensive pharmaceutical products to the market.

Our manufacturing facilities in Bandar Enstek, Negeri Sembilan, are the first USFDA-approved pharmaceutical manufacturing facilities in Malaysia and Southeast Asia. We are also the first pharmaceutical company in the region to be vertically integrated from R&D to manufacturing, giving us greater control over the supply chain and reflecting our commitment to meeting a wide range of stringent regulatory standards.

At Novugen, we are united by a shared vision, with a team of talented individuals from diverse backgrounds and nationalities working together towards one common goal. We are driven by a passion for science and innovation, striving to accelerate the launch of pharmaceuticals that lack robust generic alternatives due to their complexity. Our continued investment in R&D and dedication to excellence aim to provide early access to affordable, high-quality medicines, impacting lives across the world.

Together, we are shaping the future of healthcare and changing lives everywhere.

About the role

The Senior Associate Manager, Commercial Finance will be responsible for U.S. financial operations, gross-to-net (G2N) management, and trade finance oversight for Novugen USA, working on US time zone.

This role is finance-led, with primary accountability for revenue recognition, G2N accuracy, cash flow visibility, financial controls and month-end financial reporting, while providing secondary support to U.S. Sales Operations through coordination with outsourced partners across distribution, 3PL, chargebacks, rebates, and accounting services.

Key Responsibilities:

Financial Management & G2N Ownership (Primary Focus)
• Own end-to-end Gross-to-Net (G2N) calculations and reporting, including chargebacks, rebates (GPO, customer, admin), distribution, service, admin fees, returns, credits, and prompt-pay discounts.
• Manage G2N accruals, true-ups, and variance analysis
• Support revenue recognition in accordance with company policy
• Business partnering with Sales Op and other CFTs on month-end and quarter-end close
• Support annual budget development and rolling forecasts
• Maintain product-level and customer-level sales (Dead net / NSP) and profitability analyses
• Monitor marketing, selling and promotional expenses (“MSP”) and perform variance analysis

Trade Finance & Cash Flow Oversight
• Prepare and issue monthly statement of account to customers, along with monthly reconciliation
• Monitor receivables, deductions, and cash collections across wholesalers and distributors
• Prepare cash flow forecasts and liquidity reporting for leadership

Third-Party Financial & Data Management
• Serve as primary internal owner for finance-related third-party partners, including chargeback and rebate administrators, wholesaler and distributor financial portals and 3PL billing and logistics finance interface
• Reconcile third-party reports to internal financial records

Operational Back-Up & Oversight (Secondary Focus)
• Provide financial and data support to U.S. operations, including inventory movement and billing validation, distributor & 3PL invoice review, and support for operational issue resolution where financial exposure exists
• Assist with operational readiness for product launches from a finance and controls perspective
• Help ensure alignment between commercial activity and financial outcomes
• Support the implementation of SAP and Order-To-Cash (ÖTC”) for US Operations
• Assist in other tasks assigned by the Manager / Supervisor

Reporting & Leadership Support
• Prepare monthly financial, G2N and MSP reporting packages for leadership
• Prepare the forecasted sales for the following month and 3-month cash flow forecast for leadership
• Support ad-hoc analyses related to pricing changes, contract terms, or market events
• Identify financial risks related to pricing erosion, deductions, or channel

About you
• Bachelor’s degree in Finance, Accounting, or a related discipline.
• Must have experience in

💡 Quick Summary

Seeking a career-building opportunity? The Senior Associate Manager, Commercial Finance position is now open for candidates interested in the Finance sector. This role in Ajmer offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Finance is a plus.

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The expected salary for Senior Associate Manager, Commercial Finance in Ajmer is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Senior Associate Manager, Commercial Finance is an on-site position based in Ajmer. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Senior Associate Manager, Commercial Finance. Previous experience in Finance is a plus. Freshers may also apply depending on the employer's requirements.
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