Senior Accountant
Darapharma
Posted on 11 Sep
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Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
The Senior Accountant is responsible for managing and overseeing daily accounting operations, ensuring compliance with accounting standards, pharmaceutical industry regulations, and internal financial policies. This role supports decision-making by providing accurate financial reporting, analysis, and recommendations to management.
Key Responsibilities:
- Prepare, review, and analyse monthly, quarterly, and annual financial statements.
- Ensure compliance with IFRS/GAAP and local tax regulations.
- Perform month-end and year-end closing activities, including accruals, reconciliations, and adjustments.
- Maintain the general ledger and ensure accurate posting of all transactions.
- Monitor and reconcile inventory accounts, including raw materials, WIP, and finished goods.
- Work closely with the supply chain and production teams to ensure accurate costing of pharmaceutical products.
- Conduct variance analysis (standard cost vs. actual cost) and report findings to management.
- Assist in preparing annual budgets and rolling forecasts.
- Track and report budget vs. actual performance and recommend corrective actions.
- Provide financial insights for strategic decision-making.
- Ensure compliance with pharmaceutical industry regulations, local tax laws, and corporate policies.
- Support internal and external audits by preparing necessary schedules and documentation.
- Recommend and implement process improvements to strengthen internal controls.
- Supervise reconciliation of vendor accounts and timely payment processing.
- Monitor receivables aging and coordinate with the sales team for collections.
- Ensure proper documentation for credit notes, rebates, and discounts.
- Mentor and support junior accountants and finance staff.
- Collaborate with cross-functional teams (sales, marketing, regulatory affairs, supply chain) to align financial activities with business needs.
Desired Candidate Profile
Qualifications & Skills:
- Education: Bachelor s degree in Accounting, Finance, or related field (CPA/CMA preferred).
- Experience: 5+ years of accounting experience, preferably in the pharmaceutical or manufacturing industry.
- Strong knowledge of IFRS/GAAP, taxation, and cost accounting principles.
- Proficiency in ERP systems (SAP, Oracle, or similar) and MS Excel.
- Excellent analytical, problem-solving, and communication skills.
- High attention to detail and ability to work under tight deadlines.
Key Performance Indicators (KPIs):
- Timeliness and accuracy of financial statements.
- Variance analysis and recommendations implemented.
- Audit findings (minimal non-compliance issues).
- Accuracy of inventory valuation and cost control.
- On-time completion of monthly/quarterly closing.
Company Industry
- Pharma
- Biotech
- Clinical Research
Department / Functional Area
- Accounts
- Taxation
- Audit
- Company Secretary
Keywords
- Senior Accountant
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