The Role
Support financial management of R&D and laboratory operations by preparing budgets, forecasts, and variance reports; track project-wise expenditures; implement cost allocation; coordinate vendor payments and procurements; manage lab inventory and asset verification; assist audits and Ind AS 38 R&D cost capitalisation documentation; and build financial dashboards using Excel and ERP tools.
Summary Generated by Built In
About Us
We are a specialty chemicals manufacturing company with a full stack solution from R&D to manufacturing and global supply chain of chemicals to 26+ countries. Headquartered in Bengaluru, India we cater to pharmaceutical, agrochemical, industrial chemicals, food, nutraceuticals and animal nutrition industries.
Our B2B fulfillment platform supports businesses globally in developing and manufacturing chemicals from lab to commercial scale. With a team of in-house R&D experts and scientists, we offer custom synthesis and route scouting services to support manufacturers in product development.
We are VC backed - here is a read. We are 450+ people strong and have entities in India, Japan, USA, UAE and Indonesia. We are currently exporting to over 17 countries from India.
Read to learn more ▶️ https://lnkd.in/gd7brT8S
The Finance Associate – Laboratory & R&D Operations will support the financial management of Scimplify's R&D and laboratory activities. This is an entry-to-mid-level role that sits at the intersection of finance and R&D operations, responsible for accurate cost tracking, budgeting, vendor coordination, and compliance reporting for research projects in specialty chemicals and CDMO. The ideal candidate is detail-oriented, comfortable working cross-functionally with technical teams, and brings a proactive approach to process improvement.
Budgeting & Cost Reporting
- Prepare monthly budgets, forecasts, and variance reports covering lab consumables, reagents, equipment, and manpower costs.
- Track project-wise expenditure including consumables, reagents, instruments, manpower, and third-party services.
- Implement cost allocation models across projects, departments, and functional units.
- Collaborate with R&D project managers to build financial dashboards and cost variance reports.
Vendor & Procurement Coordination
- Coordinate with procurement and stores teams for vendor payments, GRN validation, and inventory valuation.
- Ensure timely processing of purchase orders and invoice reconciliations for R&D-related expenditure.
Inventory & Asset Management
- Manage month-end classification and physical verification of lab inventory (reagents, consumables, equipment spares).
- Maintain accurate records of R&D assets and support periodic physical asset verification.
Compliance & Audit Support
- Support internal and statutory audits through timely documentation of R&D financial transactions.
- Manage compliance with company budget policies, expenditure ceilings, and project financial KPIs.
- Assist in documentation requirements for R&D cost capitalisation under applicable accounting standards (Ind AS 38).
Educational Qualification
- M.Com /MBA.
Experience
- 1–3 years of relevant experience, preferably in finance roles within pharma, specialty chemicals, or R&D-intensive manufacturing.
- Prior exposure to cost accounting, project-based expense tracking, or lab/plant operations finance is an advantage.
Technical Skills
- Proficiency in MS Excel (pivot tables, VLOOKUP, SUMIFS, conditional formatting) and Google Sheets.
- Working knowledge of ERP tools (SAP / Tally / Zoho Books or equivalent) for data extraction and reporting.
- Basic knowledge of cost accounting principles, budget management, and regulatory compliance in R&D environments.
Skills Required
- B.Com / M.Com / CA Inter / CMA Inter
- Completed CA or CMA qualification
- 1-3 years of relevant finance experience (preferably in pharma, specialty chemicals, or R&D-intensive manufacturing)
- Prior exposure to cost accounting, project-based expense tracking, or lab/plant operations finance
- Proficiency in MS Excel (pivot tables, VLOOKUP, SUMIFS, conditional formatting) and Google Sheets
- Working knowledge of ERP tools (SAP / Tally / Zoho Books or equivalent) for data extraction and reporting
- Basic knowledge of cost accounting principles, budget management, and regulatory compliance in R&D environments
- Familiarity with Ind AS 38 requirements for R&D cost capitalisation and related documentation
Am I A Good Fit?
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.
Success! Refresh the page to see how your skills align with this role.
The Company
What We Do
Scimplify is a science-first company specializing in the end-to-end development and manufacturing of specialty chemicals, serving industries such as pharmaceuticals, agrochemicals, and industrial chemicals.
