Division Piramal Critical Care Piramal Critical Care (PCC), a business unit of Piramal Pharma, is the fourth-largest producer of inhaled anesthetics and a global player in hospital generics. We are motivated by our vision of commitment to delivering critical care solutions for patients and healthcare providers across the globe while achieving sustainable and profitable growth for all the stakeholders.
PCC maintains a wide presence across the US, Europe, and more than 100 countries across the globe. Its rich product portfolio includes Inhalation Anesthetics such as Sevoflurane, Isoflurane and Halothane as well as Intrathecal Baclofen therapy, for spasticity management.
PCC has a strong manufacturing and process development experience with wholly-owned, state-of-the-art manufacturing facilities in the United States and India, inspected periodically by the US FDA and the UK MHRA and other regulators. The strategic locations of our facilities help us supply high-quality products around the world, timely at optimal costs.
For more details, please visit https://www.piramalcriticalcare.com/global/
Job Title Senior Chief Manager – Finance
Job Description
Serve as Finance Head for PCC India and RoW Commercial Finance partner, with end-to-end accountability across accounting, financial control, manufacturing finance, global costing, FP&A and business partnering. Drive financial governance, audit readiness, accurate reporting, cost excellence and working capital performance while delivering commercially relevant insights for RoW markets. Own global costing governance to ensure standard cost accuracy, margin visibility and alignment with SAP/S4HANA-led processes. Lead finance transformation and build scalable, controlled, system-driven processes, while enabling business decisions through pricing analytics, margin governance, customer profitability and structured performance reviews. Business: Piramal Critical Care
Department: Finance
Travel: Medium
Location: Kurla, Mumbai
Reporting To: Sr Director - Finance
Direct Reports: Yes
Essential Qualification
- Qualified Chartered Accountant (CA) is mandatory; candidates who cleared CA in the first attempt will be preferred.
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- Chartered Accountant (CA) or equivalent qualification
- 12+ years of experience across manufacturing finance, accounting, costing, FP&A, and business finance
- Strong experience in product costing, inventory control, and manufacturing finance
- Exposure to commercial finance, pricing analytics, tender support, customer or distributor profitability, and business partnering in multi-market environments preferred
- Experience in SAP FICO, MM, PP, and S/4HANA environments
- Proven experience in leading teams and driving finance transformation
- Experience in pharmaceutical or complex manufacturing environments preferred
Key Responsibilities
Lead Accounting, Financial Control & Compliance
- Own end-to-end accounting for PCC India, ensuring compliance with GAAP, company policies, and audit requirements.
- Ensure timely and accurate monthly, quarterly, and annual financial close with robust review controls and governance.
- Strengthen internal control framework across accounting, inventory, fixed assets, and financial processes, including SOX compliance requirements.
- Drive audit readiness, manage external/internal audits, and ensure closure of audit observations.
- Oversee statutory, tax, and regulatory compliance across India operations.
- Ensure appropriate accounting for inventory valuation, manufacturing variances, and fixed assets.
Lead Manufacturing Finance & Plant Performance
- Provide financial leadership across Dahej, Digwal, and third-party manufacturing sites, acting as finance partner to plant leadership.
- Drive cost efficiency through material, labor, and overhead variance analysis and identification of cost optimization opportunities.
- Act as the “financial conscience” of plant operations, highlighting inefficiencies, cost leakages, and improvement areas.
- Ensure development and monitoring of plant KPIs, operational metrics, and profitability drivers.
- Partner with manufacturing and supply chain to improve inventory performance and working capital efficiency.
- Ensure strong cost discipline and financial visibility across manufacturing operations.
Global Costing Head (Product Costing & Margin Governance)
- Own global product costing governance across PCC, including standard cost setting, BOM validation, and cost roll-ups.
- Ensure accuracy, consistency, and transparency in product costing across entities and systems.
- Lead analysis of price-volume-mix, cost drivers, and margin movements to support business decisions.
- Drive standardization of costing methodologies, templates, and SAP configurations.
- Partner with commercial and supply chain teams to support pricing decisions and margin optimization.
Financial Planning, Reporting & Business Performance
- Lead budgeting, forecasting, and performance tracking processes for PCC India.
- Drive variance analysis, KPI tracking, and business performance reviews with meaningful insights.
- Provide clear visibility on EBITDA, cost drivers, and operational performance trends.
- Support OpsCom and leadership reporting with structured financial commentary.
- Enable data-driven decision-making through strong financial analytics and storytelling.
Treasury, Working Capital & Cashflow Management
- Manage cashflow planning, banking operations, and liquidity management.
- Drive improvements in accounts receivable, inventory, and payable cycles.
- Ensure robust working capital governance and visibility.
- Partner with corporate finance on funding, treasury strategies, and financial risk management.
Capex Governance & Investment Evaluation
- Evaluate capital investment proposals with detailed financial analysis, including ROI, payback, and IRR.
- Track project execution, monitor financial performance, and highlight deviations.
- Ensure periodic review of capex benefits realization versus plan.
- Oversee fixed asset verification and financial integrity.
Commercial Finance, RoW Business Partnering & Strategic Support
- Act as the finance business partner for RoW commercial teams, supporting pricing, tenders, distributor economics, product profitability, and market expansion decisions.
- Provide financial analysis for pricing actions, customer contracts, promotional proposals, supply allocations, and product-mix decisions across RoW markets.
- Develop and maintain margin visibility by product, geography, customer, and channel, including analysis of price-volume-mix, freight, duties, rebates, and other commercial cost drivers.
- Support annual operating plans, rolling forecasts, and commercial performance reviews for RoW markets with clear commentary on risks, opportunities, and execution gaps.
- Partner with business development, commercial, supply chain, regulatory, and operations teams to evaluate new product opportunities, market launches, customer tenders, and distributor arrangements.
- Strengthen commercial governance by ensuring appropriate review of business cases, pricing approvals, contract financial terms, and post-decision tracking of commitments versus actual performance.
Finance Transformation & Systems
- Lead SAP S/4HANA stabilization and ensure strong financial integration across modules.
- Drive automation, standardization, and elimination of manual processes.
- Strengthen system-driven controls and reporting frameworks.
- Partner with IT and global teams to improve finance systems and reporting capabilities.
Global Integration & Shared Services
- Support transition and integration of finance processes into shared service models.
- Ensure business processes managed by shared service teams are functioning efficiently, with clear ownership, serv
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