Specialist, Accounts Payable

This position is a temporary vacancy for an 8-month period. 

Location: Andheri, Mumbai.

(Hybrid working)

About ADVANZ PHARMA

ADVANZ PHARMA is a global pharmaceutical company with the purpose of improving patients’ lives by providing and enhancing the specialty, hospital, and rare disease medicines they depend on.

Our ambition is to be a partner of choice for the commercialisation of specialty, hospital, and rare disease medicines in Europe, Canada, and Australia. In line with our ambition, we are partnering with innovative biopharma and pharmaceutical development companies to bring medicines to patients.

Headquartered in London, UK, we have c700 employees based across more than 20 countries, including key countries in Europe, the US, Canada, and Australia. Our Centre of Excellence in Mumbai, India, as well as an established global distribution and commercialisation partner network, complements our global operations.

ADVANZ PHARMA’s product portfolio and pipeline comprise innovative medicines, specialty generics & biosimilars, and originator brands. Our products and pipeline cover a broad range of therapeutic areas, including hepatology, gastroenterology, anti-infectives, critical care, endocrinology, CNS, and, more broadly, rare diseases.

We can only achieve our ambition with the passion of our dedicated and highly qualified people, acting in line with our company values of entrepreneurship, speed, and integrity.

About the Role

The main purpose of this role is to coordinate the day-to-day activities of Accounts payable. Also, to ensure all the periodic (daily/weekly/monthly) reports are prepared accurately & timely and be a one-point contact for external/internal customers.

What You’ll Do: 

• To ensure that all transactions relating to purchases and stock movements are accurately

and promptly recorded in the company’s Accounting System (SAP)

• To ensure that all Company procedures (SOPs) are followed concerning the processing of all sorts of purchase invoices (assets, services & inventory) and payments. Prepare SOPs wherever applicable and review periodically.
• Preparation of weekly vendor payments for the Group and get reviewed & approved on the same day.
• Ensure that the VIM open invoices are under control by following up with internal stakeholders to release the timely payments to vendors. Any exceptions to be monitored closely and escalated.
• Review the ageing regularly and ensure nothing goes beyond 90days and all the debit balances are sorted out.
• Reconciliation of Creditors monthly and closing any open items from previous reconciliations.
• Monitor the daily dashboard report and ensure all the invoices are timely and accurately accounted.
• Monitor any agreement-related regular payments, direct debits, and payments through the bank and ensure they are properly accounted.
• To assist in the preparation of regular and ad hoc management information
• To assist in the achievement of the Departmental Objectives and Strategies
• To ensure the generation of an accurate creditors' aging report on a periodic basis
• Ensure all the audit queries related to AP are handled and answered properly.
• Ensure all month-end schedules are submitted within the stipulated time period along with variance analysis.
• To prepare & update the Audit schedules monthly.
• Thrive in an entrepreneurial environment and take accountability for results.
• Embrace challenge and change, applying a growth mindset approach.
• Have a bias for action and fast decision-making.
• Consistent demonstration and embodiment of company core values: Entrepreneurship, Speed, and Integrity.
• Drive the spirit of “One Team” by working collaboratively across all business functions with an open, honest, and respectful cooperation.
• Contribute to making ADVANZ PHARMA a desired place to work.

About You

We are looking for highly motivated individuals who are passionate about making a meaningful difference to patients’ lives.

For this role, you will also have the following:

Qualifications: 

• Bachelor’s degree in Commerce Or
• Postgraduate diploma in IFRA (ACCA – UK).

Knowledge, Skills & Experience:

• Must have significant experience in the Accounts Payable function for countries like Germany and Italy.

• Hands-on experience with SAP FICO or SD (S4 HANA).
• Thorough understanding of business processes and basic knowledge of accounting.

• Self-starter, strategic mindset, results-driven, stakeholder-centric focus, team player, and accountability.
• Open and adaptable to challenging environments.

• Ability to work with different Global cultures and different time zones.
• Competent with MS Office (Word, Excel, Outlook, PowerPoint), Adobe Acrobat
• Ability to communicate clearly and concisely and use strong writing and verbal skills to communicate facts, figures, and ideas to others.
• A positive and ‘can-do’ approach, biased towards finding solutions and embracing change.
• Inspired by our values of entrepreneurship, speed, and integrity.
• Learning agility and ‘scalability’, with a desire to continuously improve and develop as ADVANZ grows.
• Work collaboratively across all business functions with an open, honest, and respectful cooperation.
• Ability to have fun and thrive in a growing, unique, and inclusive work environment.

Why ADVANZ PHARMA?

The success of any company is driven by its people, and we are no different.

At ADVANZ PHARMA, we believe in empowering our people to be entrepreneurs and embrace challenges to enable personal and company growth in an agile and fast-paced environment.  We strive to do that inclusively and responsibly, treating all employees with integrity whilst rewarding outcomes and impact.

Our teams are made up of people from all walks of life and backgrounds. We thrive in an environment where uniqueness is celebrated, but we are all united by the same passion to help improve patients' lives by providing and enhancing the specialty and hospital medicines they depend on.

As a business, we like to tap into new ideas and fresh perspectives. So, if you join us, you’ll be empowered to own your work, explore new possibilities, and make things happen.

But there’s more to you – and us – than just work, which is why our culture, vision, and values are so high on our agenda. We believe in gender equality and actively encourage women into senior roles – we have an active ADVANZ PHARMA Women’s Network; almost 40% of our managers are women.

We work hard to recognise and reward talent, and we actively promote from within - last year, approximately 25% of our people across the company achieved promotions. In addition, we recognise talent with our annual Impact Awards, in which our top performers are rewarded for their hard work and dedication.

We offer flexible, agile working options, and you will also enjoy a highly competitive salary and benefits package.

To join us on our exciting journey, apply now! *

*Please include a CV and Cover letter.