Finance and Accounts

About Laurus Bio

Laurus Bio Private Limited, a subsidiary of Laurus Labs, is a leading biomanufacturing organization with over 15 years of expertise in precision fermentation and recombinant DNA technology. We specialize in developing and producing animal-free recombinant products for the biopharma sector and high-volume industrial biotechnology products for food, health, and nutrition markets. Our offerings include animal-origin-free recombinant proteins, growth factors, and cell-culture media supplements that are safe, virus-free, and sustainable, serving industries like Stem Cells and Regenerative Medicine, Vaccines and Biological Drugs, Cultured Meat, and Cell-Culture Media Manufacturing. Additionally, Laurus Bio provides precision fermentation CDMO services to novel protein companies and bio-manufacturers across various sectors, covering the entire microbial precision fermentation value chain from clone development to large-scale commercial manufacturing. We are committed to driving a global shift towards animal-free products, making medicines, food, and the world safer and more sustainable, aligning our corporate goals with societal development.

Role and Responsibilities

The Finance and Accounts role involves managing a variety of financial operations. Key responsibilities include processing a high volume of vendor invoices with proper authorization and coding, and executing timely payments through electronic transfers, wire transfers, or checks in adherence to agreed terms. This position also requires maintaining strong vendor relationships, updating vendor records, and resolving payment inquiries and discrepancies. A crucial part of the role is reconciling vendor statements with internal records to ensure accuracy and clear outstanding balances. The individual will support the finance team in month-end and year-end closing procedures and financial reporting, ensuring all transactions comply with company policies, internal controls, and relevant regulations such as GST, TDS, and EOU. The role also includes managing asset capitalization and providing support to internal and external auditors by preparing necessary schedules, documentation, and reports.

Required Skills and Qualifications

Proficiency in accounting software such as SAP, Oracle, or QuickBooks is essential. Strong analytical skills with a keen attention to detail are required for error identification and discrepancy resolution. Advanced Microsoft Excel skills, including VLOOKUP and pivot tables, are necessary. Excellent verbal and written communication skills are needed for effective liaison with internal teams and external suppliers. Exceptional negotiation, verbal communication, and problem-solving abilities are also important for managing relationships and resolving issues.

Additional Information

Candidates with experience working in a SAP environment within the industry are preferred.