Finance Associate – Laboratory & R&D Operations

Reposted 8 Days Ago
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Bangalore, Bengaluru Urban, Karnataka, IND
In-Office
Junior
Pharmaceutical • Chemical • Industrial • Manufacturing
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

Role Overview
Scimplify is a rapidly growing specialty chemicals platform enabling global sourcing, manufacturing, and innovation across Agrochemicals, Pharmaceuticals, and Specialty Chemicals. We are looking for a detail-oriented Finance Executive to manage Order-to-Remittance (OTR), Accounts Receivable (AR), invoicing, collections, and financial operations.

Key Responsibilities
  • Manage the complete Order-to-Remittance (OTR) lifecycle from order confirmation to payment realization.
  • Generate customer invoices and ensure timely billing in accordance with company policies.
  • Perform Accounts Receivable (AR) accounting and customer ledger reconciliation.
  • Monitor customer outstanding balances and follow up on overdue payments.
  • Coordinate with customers and internal stakeholders to resolve invoice and payment discrepancies.
  • Perform invoice and payment reconciliation using SAP ERP.
  • Prepare AR ageing reports, collection reports, and cash flow forecasts.
  • Support month-end and year-end financial closing activities.
  • Maintain accurate accounting records and ensure compliance with internal controls.
  • Prepare MIS reports and dashboards for management review.
  • Coordinate with Sales, Operations, Logistics, and Finance teams for seamless order processing.
  • Assist during statutory and internal audits by providing necessary financial documentation.
  • Ensure compliance with company financial policies and applicable statutory requirements.
Skills required
  • Strong knowledge of Accounts Receivable (AR) and Order-to-Remittance (OTR) processes.
  • Experience in Invoice Generation, Billing, and Payment Reconciliation.
  • Working knowledge of SAP ERP.
  • Good understanding of GST invoicing and accounting principles.
  • Advanced Microsoft Excel (Pivot Tables, VLOOKUP/XLOOKUP, Lookup Functions, MIS Reporting).
  • Strong analytical and reconciliation skills.
  • Excellent communication and stakeholder management.
  • Ability to work in a fast-paced startup environment.

Preference qualification
  • Bachelor's degree in Commerce (B.Com), Finance, Accounting, or related discipline.
  • MBA (Finance) or M.Com will be an added advantage.
  • Experience in Manufacturing, Specialty Chemicals, Pharmaceuticals, or Supply Chain industries is preferred.Technical Skills
  • Proficiency in MS Excel (pivot tables, VLOOKUP, SUMIFS, conditional formatting) and Google Sheets.

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
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The Company
HQ: Bengaluru
335 Employees
Year Founded: 2023

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.

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