Are you a finance enthusiast looking for an opportunity in inventory management with a reputed pharmaceutical company? Cipla is hiring a motivated individual for the position of Team Member – Inventory Control Finance in Mumbai. If you have a background in finance and are keen to work in a collaborative and high-performance environment, this job is for you.
Job Title | Team Member – Inventory Control Finance |
Company Name | Cipla Ltd |
Location | Cipla House, Sion-Bandra Link Rd, Mumbai, Maharashtra, 400070, India |
Employment Type | Full Time |
Salary | ₹5,00,000 – ₹7,00,000 per annum (Approx) |
Date Posted | 2025-07-01 |
Application Deadline | 2025-07-25 |
Apply Link | Click Here to Apply |
Job Description
The role of Team Member – Inventory Control Finance at Cipla involves closely partnering with the Integrated Planning and Supply Chain teams to ensure effective management of inventory. The focus is on reducing slow-moving inventory, managing purchase requisitions, validating disposal plans, and driving automation in finance operations.
Key responsibilities include monitoring slow-moving raw materials (RMPM) and finished goods (FG), ensuring liquidation plans are in place to avoid wastage, and preparing detailed MIS reports for monthly operational reviews. The candidate will also participate in discussions around inventory risks, evaluate provisions where plans are not available, and collaborate with various departments to drive governance and cost optimization.
Additionally, the role involves validating high-value purchase requisitions, working with IT and procurement on process automation, and monitoring export freight costs. The job demands strong analytical skills, regular interaction with internal teams, and adherence to deadlines to maintain operational excellence in the finance domain.
Eligibility & How to Apply
Eligibility Criteria:
- Educational Qualification: CA / ICWA / MBA in Finance
- Experience: 0–3 years in finance, operations, or supply chain management
- Skills: Strong knowledge of Excel, PowerPoint, and statistical tools
- Good understanding of inventory management, financial analysis, and MIS reporting
How to Apply:
- Visit the official job page by clicking the apply link below.
- Ensure your resume is updated, highlighting relevant qualifications and experience.
- Fill in the application form with accurate details.
- Submit any required documents as requested on the site.
- Follow up with the HR team if shortlisted for further interview rounds.
This is a great opportunity for fresh graduates and early-career professionals to gain industry experience in financial control within a global pharmaceutical company.
Frequently Asked Questions (FAQs)
1. Is this position open to freshers?
Yes, freshers with CA, ICWA, or MBA in Finance and up to 3 years of experience are eligible to apply.
2. What is the work location for this role?
The job location is Cipla’s Mumbai office, Maharashtra, India. It is a work-from-office position.
3. What type of work will I be doing in this role?
You will work on inventory control, financial analysis, disposal evaluations, purchase requisition reviews, and generating MIS reports.
4. What is the last date to apply?
The application deadline is July 25, 2025.
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