Finance Manager, Accounting & Reporting, NSC India

Eurofins is Testing for Life. The Eurofins network of companies believes that it is the global leader in food, environment, pharmaceutical and cosmetic product testing and in discovery pharmacology, forensics, advanced material sciences and agroscience contract research services. It is also one of the market leaders in certain testing and laboratory services for genomics, and in the support of clinical studies, as well as in biopharma contract development and manufacturing. It also has a rapidly developing presence in highly specialised and molecular clinical diagnostic testing and in-vitro diagnostic products.

With over 62,000 staff across a decentralised and entrepreneurial network of ca. 900 laboratories in 61 countries, Eurofins offers a portfolio of over 200,000 analytical methods to evaluate the safety, identity, composition, authenticity, origin, traceability and purity of a wide range of products, as well as providing innovative clinical diagnostic testing services and in-vitro diagnostic products.

Eurofins companies’ broad range of services are important for the health and safety of people and our planet. The ongoing investment to become fully digital and maintain the best network of state-of-the-art laboratories and equipment supports our objective to provide our customers with high-quality services, innovative solutions and accurate results in the best possible turnaround time (TAT). Eurofins companies are well positioned to support clients’ increasingly stringent quality and safety standards and the increasing demands of regulatory authorities as well as the evolving requirements of healthcare practitioners around the world.

Eurofins has grown very strongly since its inception and its strategy is to continue expanding its technology portfolio and its geographic reach. Through R&D and acquisitions, the Group draws on the latest developments in the field of biotechnology and analytical chemistry to offer its clients unique analytical solutions.

Shares in Eurofins Scientific are listed on the Euronext Paris Stock Exchange (ISIN FR0014000MR3, Reuters EUFI.PA, Bloomberg ERF FP).

JOB OVERVIEW

In all countries where the Eurofins Group has significant presence, the Company has elected to pool a specific set of country level support services into a National Service Centre (NSC), in order to be more efficient, more effective and to drive the adequate level of compliance and control. The NSC is lead by the country Finance Director. The scope of services delivered by this organization covers:

• Accounting and Reporting,
• Purchasing and procurement,
• Payroll
• Treasury, risk and Insurance management,
• Tax,
• Legal compliance,
• IT solutions for all services rendered by the NSC.

The Finance Manager Accounting and Reporting reports to the Director Accounting and Reporting.

This position has a key role on the NSC, leading the Accounting and Reporting team. While developing actions that promote efficiency and ensuring compliance and control, this role guarantees financial discipline across the different business lines, and support to the business.

MAIN RESPONSIBILITIES

• Accounting and Reporting (Core Focus Area)
  • Ensure the integrity, accuracy, and timeliness of financial reporting for both group (IFRS) and statutory (local GAAP) purposes.
  • Lead and oversee all accounting operations, including general ledger management, financial close, and financial statement preparation.
  • Drive improvements in accounting processes, reconciliations, and controls to enhance reporting efficiency.
  • Ensure accurate month-end and year-end closing processes, including provisions, accruals, and intercompany transactions.
  • Act as the key technical accounting expert for complex transactions, IFRS adjustments, and reconciliations between IFRS and Indian GAAP books.
  • Lead coordination with external auditors to manage statutory audits and ensure seamless compliance.
• Maintain Eurofins’ compliance and control framework
  • Responsible for the planning and execution of the annual external audit process. Manage the relation with the external auditors and ensure that for internal control and process deficiencies identified, an action plan is developed and deployed.
  • Ensures and constantly improves an adequate level of internal control through maintenance and improvement of internal control systems and processes.
  • Ensures application of Eurofins Group rules for Accounting and Reporting.
  • Help the Tax team to ensure compliance with tax laws and regulations (Transfer Pricing, VAT, payroll tax, Withholding Tax) by providing accounting and documentary support.
• Creating and managing a strong cooperation framework on finance matters with the business unit managers and business controllers in the country. In particular, the Finance Manager Accounting and Reporting ensures financial discipline across the different business lines (group and statutory reporting, compliance, cash flow generation, ad hoc support).
• Work with the Director Accounting and Reporting, on setting up and systematically improve an optimal organization to perform high quality and efficient reporting and compliance and control, in line with Group guidance and principles. Put in place, maintain, and improve the corresponding performance framework for this organization through Key Performance Indicators (KPIs) and measurement.
• Act as a leader and manage performance of the Teams, processes and activities (reliable, effective, efficient). Organise and manage a team of 8 FTE. Define and manage overall performance by target setting and monitoring, including the definition of corrective actions when needed.
• Establish and maintain high performing Teams, recruit young talents and grow and develop team members. Ensure succession planning for key positions are in place, including associated development plans.
• Driving the implementation of standard processes and systems, in close collaboration and alignment with the Business and Group Finance functions. Ensuring process documentation (SOP’s) is always updated and backup plans are in place.
• Support the integration of newly acquired companies within Eurofins. Lead the integration activities (processes, systems and people) for the processes within finance scope.

QUALIFICATIONS

Education: 

• Master’s degree in finance, Accounting or equivalent.
• Advanced certification in accounting: chartered accountant (CA), ACCA, other similar relevant, is preferred.

Professional experience: 

• 8 -10 years of working experience in finance with evolutive career path and (initial) managerial experience.
• Experience with implementation of financial processes and systems and associated project management.
• Experience with ERP systems (e.g., Coupa, Cognos and Tally) and advanced proficiency in Microsoft Excel.
• Experience with migration and/or implementation of accounting system would be a plus.
• Experience with implementing and maintaining internal control procedures and systems.
• Background in financial audit is preferred.
• Experience with post-merger integration projects is a plus.
• Experience in managing a large accounting department/Shared Service Center (SSC) is a plus.

Personal skills: 

• Results oriented.
• High level of energy, drive and passion to succeed.
• Change agent, “can do“ mindset challenging “status quo“.
• Structured, with strong organisational skills.
• Accurate, diligent and highly reliable.
• Strong and confident personality.
• Pragmatic, proactive, flexible and adaptable.
• High degree of autonomy, self-starter.
• Good communication skills.
• Team management, focused on development of the team and the individual team members, both on technical and interpersonal areas.
• People manager and motivator. Not afraid to be strict and directive when required. Managing workload and setting priorities to the team.
• International exposure either through prior education or professional experience.

Technical Skills:

• Strong analytical skills, able to quickly comprehend complicated structures and processes.
• Excellent technical financial skills including: accounting, reporting, audit, internal control, tax and net working capital management. Knowledge of IFRS and local GAAP.
• Ability to go into the right level of details when needed but as well to maintain a ‘helicopter view’.
• Strategic ability: able to establish a vision and goals for the team, to create a plan to achieve these goals and to manage implementation.
• Stakeholder management: able to understand the complexity and dynamics of a large group with multiple internal stakeholders and to successfully operate within this environment.

 Language skills:

• Local language (fluent written and spoken).
• English (fluent written and spoken).
• Any additional language is an asset.

Location:

• Bangalore, Whitefield.

Ideal Candidate Profile:

• This role is best suited for a highly skilled accounting professional who can balance strong technical expertise with leadership responsibilities. The ideal candidate must be hands-on, detail-oriented, and deeply knowledgeable in accounting standards and financial reporting. A strong ability to lead teams while actively engaging in financial operations is critical for success in this role.

We support your development! Do you feel you don’t match 100% of the requirements? Don’t hesitate to apply anyway! Eurofins companies are committed to supporting your career development.

We embrace diversity! Eurofins network of companies believe in strength and innovation through diversity, being an Equal Opportunity Employer. We prohibit discrimination against employees or applications based on gender identity and/or expression, race, nationality, age, religion, sexual orientation, disability, and everything else that makes employees of Eurofins companies unique.

Sustainability matters to us!We are well on our way to achieving our objective of carbon neutrality by 2025, through a combination of emission reduction and compensation initiatives. We encourage our laboratory leaders to make sustainable changes at their local level, and in addition to their initiatives we also count on our dedicated carbon reduction team to help us to achieve this goal!

Find out more in our career page: https://careers.eurofins.com/

Company description: Eurofins Scientific is an international life sciences company, providing a unique range of analytical testing services to clients across multiple industries, to make life and our environment safer, healthier and more sustainable. From the food you eat, to the water you drink, to the medicines you rely on, Eurofins laboratories work with the biggest companies in the world to ensure the products they supply are safe, their ingredients are authentic and labelling is accurate.

The Eurofins network of companies is the global leader in food, environment, pharmaceutical and cosmetic product testing and in discovery pharmacology, forensics, advanced material sciences and agroscience contract research services. It is one of the market leaders in certain testing and laboratory services for genomics, discovery pharmacology, forensics, advanced material sciences and in the support of clinical studies, as well as having an emerging global presence in Contract Development and Manufacturing Organisations. It also has a rapidly developing presence in highly specialised and molecular clinical diagnostic testing and in-vitro diagnostic products.

In over 35 years, Eurofins has grown from one laboratory in Nantes, France to 61,000 staff across a decentralised and entrepreneurial network of ca. 900 laboratories in 61 countries. Eurofins companies offer a portfolio of over 200,000 analytical methods to evaluate the safety, identity, composition, authenticity, origin, traceability and purity of biological substances and products.

In 2022, Eurofins generated total revenues of EUR 6.7 billion, and has been among the best performing stocks in Europe over the past 20 years.