Financial Accountant

Job purpose

The Financial Accountant is responsible for ensuring the accuracy of inventory quantities and valuations across internal operations and third-party locations in accordance with applicable accounting standards. The role supports inventory optimization, cost accounting, financial reporting, and audit requirements through close collaboration with Supply Chain, Operations, and Finance teams.

• Preparation and analysis of various monthly financial reports for management.
• Maintain accurate inventory valuation and costing records.
• Provide costing support for site-manufactured and intercompany-purchased products.
• Maintain and update standard costs for new and existing products.
• Monitor inventory movements and identify areas of concern, including obsolescence, expiry, slow-moving inventory, and inventory losses, providing recommendations for corrective action.
• Prepare profit elimination reports and related analyses.
• Perform transfer pricing calculations, coordinate approvals with related entities, and update approved transfer prices in the system.

• Prepare and analyze monthly financial reports for management.
• Participate in the month-end close process, including journal entries, account reconciliations, financial statement preparation, and reporting.
• Prepare inventory and costing-related journal entries.
• Perform analysis of inventory balances and other cost of goods sold (COGS) expenses.
• Provide ad hoc financial reporting and analysis as required.

• Assist in the preparation of COGS budgets and forecasts.
• Provide financial analysis and recommendations to support operational and business decisions.
• Design and implement new reports and tools to meet evolving business requirements.
• Identify trends, variances, and opportunities for process improvements.

• Support quarterly reviews and annual audits, with a focus on inventory and costing requests.
• Prepare inventory valuation schedules and working papers for quarterly and year-end audit requirements.
• Maintain accounting records and internal controls to ensure compliance with company policies and applicable accounting standards.
• Investigate and resolve discrepancies in accounting records and inventory-related transactions.

• Collaborate with Supply Chain, Operations, and other departments to support business objectives.
• Communicate effectively with internal stakeholders, external auditors, customers, suppliers, and related entities.
• Provide financial insight and support on special projects and ad hoc initiatives.

Report any adverse event received from customers for company products to the pharmacovigilance department / Drug Safety on the same day or within 1 business day

• University degree or college diploma in Accounting, Finance, Business, Commerce, or a related field.
• Professional accounting designation (CPA or equivalent) preferred.
• Minimum 5 years of progressive accounting experience, preferably within a manufacturing or pharmaceutical environment.
• Experience with inventory accounting, cost accounting, and financial reporting.
• Experience supporting audits and financial close processes.
• Strong knowledge of inventory and cost accounting principles.
• Advanced Microsoft Excel skills.
• Experience with ERP systems, preferably SAP.
• Experience with reporting and business intelligence tools, preferably SAP BI.
• Strong understanding of financial accounting and internal controls.
• Strong analytical and problem-solving abilities.
• High attention to detail and accuracy.
• Ability to identify process improvement opportunities and implement effective…