Abbott Laboratories

<html><body> Position SummaryAs the Finance Controller for Channel Business of EPD India, you will act as a key business partner supporting strategic growth across Institution, Corporate Hospitals, Pharma Chains, and E-commerce channels. This role is pivotal in carving out a separate P&L for channel business, driving pricing strategies including marginal costing models, and enabling scale-up initiatives. Additionally, you will support pricing and projects on a regular basis, ensuring financial compliance and operational excellence. Roles & Responsibilities<ul> <li>Channel Business Finance Support: Partner with commercial teams to drive financial planning and analysis for Institution, Corporate Hospitals, Pharma Chains, and E-commerce.</li></ul><ul> <li>Carving out a separate P&L: Develop and maintain a separate P&L for channel business, ensuring accurate reporting and profitability analysis.</li></ul><ul> <li>Pricing & Costing: Lead pricing initiatives, build marginal costing models, and provide insights for strategic pricing decisions to enable tender participation</li></ul><ul> <li>Scaling Initiatives: Support business scale-up through financial modeling, scenario planning, and risk mitigation strategies.</li></ul><ul> <li>Automisation: Work on automising MIS and pricing approvals to remove manual interventions and also create central repository of approvals and records</li></ul><ul> <li>Cash Flow & Working Capital: Forecast and monitor cash flow for channel business, optimize working capital, and implement corrective actions.</li></ul><ul> <li>Project Management: Drive key projects related to pricing, compliance, and operational improvements; ensure timely delivery and stakeholder alignment.</li></ul><ul> <li>Financial Reporting: Ensure accuracy in monthly closing, reporting, and variance analysis for channel business.</li></ul><ul> <li>Compliance & Governance: Maintain adherence to internal controls, various regulatory guidelines such as NPPA</li></ul><ul> <li>RLBE & Planning: Contribute to plan/LBE submissions and scenario analysis for channel business. Ensure that all affiliates and central teams are carrying ‘One set of numbers’.</li></ul><ul> <li>ADS monitoring: Monitor and be part of ADS exercise which is owned by commercial but driven by channels team to ensure ‘One set of numbers’</li></ul> Needs to work with:Affiliate Finance, Central finance, Commercial, Supply Chain, IT, Demand Planners across 3 affiliates, Factories Competencies<ul><li>Strong business partnering and influencing skills</li><li>Expertise in pricing strategies and financial modeling</li><li>Analytical and problem-solving capabilities</li><li>Knowledge of NPPA and other regulatory compliance so as to enable support to business and pricing</li><li>Project management and execution excellence</li></ul> Job Requirements<ul><li>Chartered Accountant or MBA in Finance</li><li>10+ years of experience in Finance, preferably in Pharma sector</li><li>Exposure to institutional pricing, government tenders, and channel business models</li><li>Hands-on experience in FP&A, P&L management, and marginal costing</li></ul></body></html>

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