Manager – Commercial Finance at AstraZeneca

Mumbai City, maharashtra, India -

Full Time

Start Date

Immediate

Expiry Date

06 Jun, 26

Salary

0.0

Posted On

08 Mar, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cash Collection, Pricing Compliance, Credit Risk Management, Process Automation, Order To Cash Process, Product Launch, Financial Compliance, Tender Approval, Credit Control, Receivables Management, DSO Forecasting, Price Circular Preparation, SAP, Power BI, Variance Analysis, Stakeholder Management

Industry

Pharmaceutical Manufacturing

Description

Job Description: As the AZ India Commercial Finance Manager, you will support the AZ India Country Finance Business Partner (CBP)/ Controller in ensuring robust cash collection processes, pricing compliances, manage credit risks, automate and simplify finance processes, support distribution & business teams and ultimately drive achievement of the agreed growth drivers and country Financials. This role is a key local role, providing robust and insightful decision support to CFO, Controller FP&A and Business Unit Directors to enable delivery of our financial objectives at both operational and strategic level. Major Responsibilities & Deliverables: Manage entire Commercial Finance – Support Order to Cash Process for smooth billing & execution, Collaborate with Sales, Marketing & Distribution teams on new product launch & readiness, application of best possible financial compliance as per AZ Commercial Policy Government Institution Business Finance Partnering – Approval for tender submissions, Review of Govt. overdue outstanding and timely follow up actions Monitor & manage the credit control function independently, ensuring compliance with credit policies & procedures, provide suggestions for improving credit policies Complete hold on Account Receivable management including order hold release, DSO forecast submission, monthly/quarterly receivables position review with senior management, variance analysis and net realisation feasibility vs. budget/forecast Lead the pricing function - Preparation & Issue of Price Circular as per NPPA norms, timely communication of price changes to stakeholders, develop and monitor controls to ensure accurate Maximum Retail Price (MRP) and discounts updation in SAP system Periodical review of NRV for all the ongoing PAP schemes and preparation of workings for new PAP schemes Collaboration with Financial Planning & Analysis team on Sales, Sales return, AR, Bad debts provision planning & and detailed variance analysis at month end Responsible for monthly reporting to support Sales Management including month end closure and co-ordination with shared services team Co-ordinate with IT business support team on implementation of new customized user requirements in SAP on ad hoc basis Review and strengthen existing distribution, discount and PAP processes including digitisation where required. Simplify and automate finance processes, create Power BI dashboards and lead other automation projects to improve efficiencies Support the FP&A team with planning processes, monthly reports, pricing updates and other ad hoc requirements Statutory Audit/ Internal Audit/ Global Audit coordination Ensure statutory compliance pertaining to SOTC, GST/ Income Tax pertaining to Sales Key Stakeholder interactions: Sales & Marketing Teams BU Directors and Country Leadership team Finance Controller, FP&A team, Tax and Risk Management teams Distribution team Regional Finance teams Market Access team External stakeholders – government institutions, authorised trade distributors, hospitals, etc Essential Requirements: Chartered Accountant with 5 to 7 years of experience in Sales & distribution finance, Credit Control, AR Management, Pricing, preferably in Pharmaceutical, Medical Devices/ Healthcare/ Diagnostics Industry Strong academic background with good business acumen. Independently manages stakeholders with minimum supervision. Ability to independently set, adapt and communicate priorities with multiple concurrent projects. Sound analytical skills with profound knowledge in MS Tools (Excel, PowerPoint, Power BI) & ERP (SAP knowledge preferable). Excellent communicator, able to build good working relationships with highly diverse internal stakeholders at Country & Regional level. Ability to develop Strategic Partnerships. Demonstrate AZ Values consistently. Date Posted 08-Mar-2026 Closing Date 26-Mar-2026 AstraZeneca embraces diversity and equality of opportunity. We are committed to building an inclusive and diverse team representing all backgrounds, with as wide a range of perspectives as possible, and harnessing industry-leading skills. We believe that the more inclusive we are, the better our work will be. We welcome and consider applications to join our team from all qualified candidates, regardless of their characteristics. We comply with all applicable laws and regulations on non-discrimination in employment (and recruitment), as well as work authorization and employment eligibility verification requirements. AstraZeneca is a global, science-led, patient-focused biopharmaceutical company. We focus on discovering, developing and commercialising prescription medicines for some of the world’s most serious diseases. But we are more than one of the world’s leading pharmaceutical companies. At AstraZeneca, we’re dedicated to being a Great Place to Work. Where you are empowered to push the boundaries of science, challenge convention and unleash your entrepreneurial spirit. To embrace differences and take bold actions to drive the change needed to meet global healthcare and sustainability challenges. There is no better place to make a difference in medicine, patients, and society. An inclusive culture where you will connect different thinking to generate new and valuable opportunities. Where you will find a commitment to lifelong learning, growth and development for all. Our Inclusion & Diversity (I&D) mission is to create an inclusive and equitable environment where people belong, using the power of our diversity to push the boundaries of science to deliver life-changing medicines to patients. Inclusion and diversity are fundamental to the success of our company, because innovation requires breakthrough ideas that only come from a diverse workforce empowered to challenge conventional thinking. We’re curious about science and the advancement of knowledge. We find creative ways to approach new challenges. We’re driven to make the right choices and be accountable for our actions. As an organisation centred around what makes us human, we put a big focus on people. Across our business, we want colleagues to wake up excited about their day at the office, in the field, or in the lab. Along with our purpose to bring life-changing medicines to people across the globe, we have a promise to you: to help you realise the full breadth of your potential. Here, you’ll do work that has the potential to change your life and improve countless others. And, together with your team, you’ll shape a culture that unites and inspires us every day. This is your life at AstraZeneca.

Responsibilities

The Manager will support the Country Finance Business Partner in ensuring robust cash collection, pricing compliance, and credit risk management while driving process automation and simplification. Key deliverables include managing the Order to Cash process, partnering on government institution finance, and leading the pricing function.