Bachwell Pharma is seeking a dedicated and experienced Senior Executive for our Product Costing, Finance & Accounting department at our Nacharam, Hyderabad facility. The successful candidate will be responsible for preparing and analyzing product costing for APIs, formulations, intermediates, and bulk drugs, ensuring precision in material, labor, and overhead calculations. This role involves developing standard costing systems, monitoring variances, and supporting cost sheet preparation for new and existing products. This position is based in Nacharam, Hyderabad, which serves as a key hub for our pharmaceutical manufacturing operations.
The ideal candidate will collaborate closely with various departments, including Production, Planning, Procurement, QA, and R&D, to optimize manufacturing costs and improve process efficiencies. Key responsibilities include performing margin analysis, assisting in budgeting and forecasting, and ensuring compliance with internal controls and statutory requirements. This is an excellent opportunity to grow your career within a global pharmaceutical organization, focusing on operational excellence and innovation in cost management. Candidates with expertise in SAP or Oracle ERP systems and a strong background in pharmaceutical manufacturing finance are highly encouraged to apply.
Key Requirements
3 - 6 years of experience in Product Costing and Finance within Pharma Manufacturing.
Educational Qualification: M.Com, B.Com in Commerce/Economics, CA, or ICWA.
Ability to prepare and analyze product costing for APIs, formulations, and bulk drugs.
Experience in developing and maintaining standard costing systems and monitoring yield variances.
Proficiency in batch-wise cost analysis and identifying cost optimization opportunities.
Strong coordination skills with Production, Planning, Procurement, and QA teams.
Expertise in analyzing manufacturing losses, process efficiencies, and deviations.
Capability to support pricing decisions, margin analysis, and profitability studies.
Experience in budgeting, forecasting, and monthly closing activities for manufacturing finance.
Proficiency in ERP systems like SAP or Oracle related to costing modules.