Deputy General Manager- IT (Finance – IT, Global Financial Systems & Consolidation)

Level: DGM

Location: Glenmark Corporate Head Office, Mumbai, India

Reporting to: VP / Sr. GM IT (Enterprise Applications)

1. Position Summary

The DGM Finance (IT) is responsible for the design, governance and operation of Glenmarks global financial systems landscape, with a primary focus on group-level financial data consolidation and reporting across ~43 legal entities.

The role owns the IT side of finance processes and systems, ensuring accurate, timely and consistent consolidation of financial data from SAP ECC and nonSAP/local finance systems.

The incumbent must have a strong Finance background, deep SAP FI/CO domain expertise and working understanding of SAP SD & MM to correctly handle vendor/customer, revenue and inventory data required for consolidation. Experience in analytics/reporting tools, preferably SAP Analytics Cloud (SAC) is highly desirable.

The role works closely with Corporate Finance, Regional Finance heads and IT team to ensure that global consolidation, management reporting and analytics needs are robustly supported by the IT landscape.

2. Roles Played

• Finance IT Owner for group consolidation and core financial systems
• Process & Systems Lead for global Record-to-Report (R2R), with strong linkages to Order-to-Cash (O2C) and Procure-to-Pay (P2P)
• Design Authority for SAP FI/CO configuration, interfaces and related financial master data
• Integration Lead for bringing nonSAP/local finance systems into corporate consolidation and reporting.
• Business Partner to Corporate Finance, Group Controlling and Regional Finance team

3. Key Platforms / Applications in Scope

• SAP ECC (primarily FI, CO with understanding of SD & MM) across majority of legal entities
• Local/nonSAP financial systems in MEA / LATAM and other regions
• Group consolidation / reporting solutions (e.g. BPC/Group Reporting/other tools if present or planned)
• Analytics & Reporting platforms SAP BW / data warehouse, SAP SAC and other BI tools
• Master data management solutions for GL accounts, cost centres, profit centres, vendors, customers, materials
• Integration tools connecting SAP and non-SAP systems to corporate reporting layer

4. Overall Job Responsibilities

A. Global Finance Systems Strategy & Roadmap ( 20%)

• Define the IT roadmap for financial systems, focusing on SAP ECC landscape and integration of nonSAP/local systems
• Align system roadmap with Corporate Finance strategy, regulatory requirements and group reporting needs
• Contribute from IT FICO perspective to any SAP S/4HANA migration or finance transformation initiatives
• Identify opportunities to standardise finance processes, charts of accounts and reporting structures across entities

B. Financial Data Consolidation & Reporting Design ( 20%)

• Design and own the endtoend data flow from local ledgers (SAP & nonSAP) to the corporate consolidation layer
• Ensure consistent mapping of GL, cost centres, profit centres, vendors, customers and currencies to group structures
• Work with Finance to define consolidation rules, elimination treatments, FX translation handling and close calendar
• Partner with BI/SAC teams to ensure management dashboards and analytics are built on accurate, reconciled data

C. SAP FI/CO & Finance Process Ownership ( 20%)

• Act as IT process owner / senior consultant for SAP FI/CO modules across all SAP entities
• Review and approve FI/CO configuration changes, enhancements and new rollouts
• Ensure FI/CO design is correctly integrated with SD (billing, revenue, customers) and MM (GR/IR, inventory, vendors)
• Provide guidance on month-end and year-end closing, including automated postings, allocations and reconciliations

D. Non-SAP / Local Systems Integration & Standardisation ( 15%)

• Map and document local finance systems in MEA, LATAM and other non-SAP entities
• Design interfaces or data extraction templates to bring nonSAP trial balances and sub-ledger data into the corporate layer
• Work with local IT and Finance to harmonize chart of accounts, master data structures and reporting formats
• Drive initiatives to reduce manual Excel-based consolidation by strengthening system integrations

E. Operations, Controls & Compliance ( 15%)

• Oversee daytoday system support, incident management and change management for finance applications
• Implement access controls, segregation of duties in SAP FI/CO and related modules
• Define and monitor KPIs / SLAs for system availability, data load timeliness and close-cycle performance

F. Stakeholder Management, Team Leadership & Capability Building ( 10%)

• Act as primary IT counterpart for Corporate Finance, Group Controlling and Regional Finance heads
• Lead and mentor a small team of FI/CO consultants / analysts and coordinate with Basis, ABAP, BI/SAC and MM/SD team
• Conduct training and knowledge sharing sessions for Finance users on system capabilities, best practices and new features
• Build documentation and playbooks for recurring finance-related IT activities (month-end close, year-end)

5. External Interfaces

• SAP and other finance system vendors / partners
• Implementation partners and system integrators for SAP FI/CO and BI/SAC
• External consultants for finance process and system reviews

6. Internal Interfaces

• CIO / VP IT and Enterprise Applications leadership
• Corporate Finance, Group Controlling, Treasury & Tax teams
• Regional and Country Finance heads / controllers
• SAP functional teams (FI/CO, SD, MM, PP etc.) and technical teams (Basis, ABAP, Integration)
• BI / Analytics / SAC teams
• Master Data, IT Security and Compliance teams

8. Education

• Chartered Accountant (CA) or equivalent professional qualification

OR

• Masters in Finance / MBA (Finance) with strong accounting background
• Additional qualification or training in Information Systems / SAP preferred

9. Experience

• 1218 years total experience with strong mix of Finance and IT / SAP.
• Significant experience as SAP FI/CO functional lead / solution owner in multi-country implementations or support
• Hands-on exposure to financial consolidation, group reporting and multi-currency environments
• Experience working with nonSAP/local finance systems and integrating them into a central reporting or consolidation platform
• Preferably experience in pharmaceutical / life sciences / FMCG / manufacturing sectors

10. Knowledge & Skills (Functional / Technical)

• Deep understanding of SAP FI (GL, AP, AR, AA, Bank Accounting) and CO (CCA, PCA, COPA, internal orders)
• Working knowledge of SD and MM from a finance perspective (revenue recognition, billing, customer master, GR/IR, inventory valuation, vendor master)
• Strong grasp of accounting standards, consolidation concepts, FX translation, eliminations etc.
• Understanding of SAP BW / data warehouse concepts and SAP Analytics Cloud (SAC) or similar BI tools.
• Knowledge of interfaces, file-based uploads and integration patterns between SAP and non-SAP systems.
• Awareness of internal controls and data integrity in financial systems.

11. Leadership / Managerial Attributes

• Strong business partnering skills with Finance stakeholders
• Ability to translate finance requirements into system and data designs
• Excellent communication and documentation skills
• Structured, detail-oriented, with high ownership of data accuracy and timeliness
• Ability to lead small cross-functional teams and manage vendors/partners

12. Other Requirements

• SAP FI/CO certification is an advantage
• Experience with SAP SAC / other analytics platforms is desirable
• Willingness to work in close alignment with month-end / year-end close timelines, including extended hours during peak periods