Head Revenue Assurance

1 month ago


Bengaluru, India Syngene International Limited Full time

About Syngene: Syngene (www.syngeneintl.com) is an innovation-led contract research, development and manufacturing organization offering integrated scientific services from early discovery to commercial supply.



Position Overview: The Head of Revenue Assurance and Internal Financial Control is a senior leadership role responsible for overseeing and managing all aspects of revenue assurance, financial controls, and compliance within the organization. This position plays a pivotal role in safeguarding the integrity of financial operations, ensuring accurate revenue recognition, and enhancing internal control frameworks. The incumbent will lead a team and collaborate with cross-functional departments to optimize processes and mitigate financial risks.



Strategic Leadership:

Develop and execute a strategic vision for revenue assurance and internal financial control functions aligned with the organization's goals and objectives.

Provide leadership, guidance, and mentorship to the revenue assurance and control team, fostering a culture of accountability, excellence, and continuous improvement.

Support Management Audits:

Develop and implement an audit strategy aligned with Internal financial control framework.

Define the scope, objectives, and methodologies for management reviews.

Oversee the validation and reconciliation of revenue streams, ensuring compliance with accounting standards and policies.

Implement controls and mechanisms to detect and prevent revenue leakage, discrepancies, and irregularities.

Collaborate with Sales, Finance, and IT teams to address revenue-related issues and drive process enhancements.

Internal Financial Control:

Design, implement, and monitor a robust internal control framework to ensure the accuracy, reliability, and compliance of financial reporting.

Conduct regular assessments of internal controls, identify weaknesses, and develop action plans to address gaps.

Coordinate with internal and external auditors, providing necessary documentation and support during audits.



Process Enhancement:

Continuously assess revenue assurance and internal control processes, identifying opportunities for automation, efficiency, and risk reduction.

Lead initiatives to optimize workflows, enhance controls, and implement new systems and technologies to strengthen financial operations.

Stakeholder Collaboration:

Collaborate with executive leadership, Finance, Legal, and Compliance teams to ensure alignment of revenue recognition practices with organizational goals and regulatory requirements.

Present findings, recommendations, and reports to senior management and stakeholders, contributing insights to decision-making processes.

Risk Management:

Identify and evaluate financial risks, both existing and emerging, and implement measures to mitigate and manage these risks effectively.

Stay informed about changes in accounting standards, regulations, and industry best practices, ensuring the organization's ongoing compliance.

Team Development:

Recruit, develop, and manage a high-performing team of revenue assurance and control professionals.

Provide coaching, training, and professional growth opportunities to team members to enhance their skills and capabilities.



Skills and Capabilities:

Master's degree or relevant certifications (e.g., CA, MBA) preferred.

12-15 years of experience in revenue assurance, internal controls, audit, or finance, with a portion of that experience in a leadership or managerial capacity.

Strong knowledge of accounting principles, revenue recognition standards (e.g., Ind-AS, IFRS), and internal control frameworks (e.g., COSO).

Basic understanding of SAP, demonstrated ability to lead and manage teams, fostering collaboration, innovation, and a results-driven mindset.

Excellent analytical and problem-solving skills, with a keen attention to detail and the ability to interpret complex financial data.

Exceptional communication and presentation skills, with the ability to convey technical information to non-technical stakeholders.

Proven track record of driving process improvements, optimizing financial operations, and mitigating risks.

Strategic thinking and the ability to make informed decisions in complex and rapidly changing environments.



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