Head Revenue Assurance

2 weeks ago

Bengaluru, Karnataka, India Syngene International Full time

JOB DESCRIPTIONJob Title Head of Assurance Process and revenue Job Location BangaloreReporting to Finance ControllerAbout Syngene Syngene is an innovation-led contract research development and manufacturing organization offering integrated scientific services from early discovery to commercial supply At Syngene safety is at the heart of everything we do personally and professionally Syngene has placed safety at par with business performance with shared responsibility and accountability including following safety guidelines procedures and SOPs in letter and spiritPosition 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 Mandatory expectation for all roles as per Syngene safety guidelines 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 Overall adherence to safe practices and procedures of oneself and the teams aligned Contributing to development of procedures practices and systems that ensures safe operations and compliance to company s integrity quality standards Driving a corporate culture that promotes environment health and safety EHS mindset and operational discipline at the workplace at all times Ensuring safety of self teams and lab plant by adhering to safety protocols and following environment health and safety EHS requirements at all times in the workplace Ensure all assigned mandatory trainings related to data integrity health and safety measures are completed on time by all members of the team including self Compliance to Syngene s quality standards at all times Hold self and their teams accountable for the achievement of safety goals Govern and Review safety metrics from time to time Syngene ValuesAll employees will consistently demonstrate alignment with our core values Excellence Integrity Professionalism Accountabilities as a Syngene Leader only for Leadership Hires Champion effective Environment Occupational Health Safety and Sustainability EHSS practices for the company and oversee compliance with those practices within Biologics business Play an active leadership role in monitoring and verifying safety performance through Gemba walks and other safety-led activities Foster a corporate culture that promotes an environment occupational health safety and sustainability EHSS mindset as well as the highest standards of quality integrity and compliance Put people at the heart of our success by providing clear active leadership defined by the Syngene leadership framework setting high standards of people management career planning and talent retention as a priority Specific requirements for this role Experience Demonstrated Capability Education Skills and Capabilities Bachelor s degree in Finance Accounting Business Administration or related field Master s degree or relevant certifications e g CA MBA preferred Extensive 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 Syngene International

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