VP – Finance and Operations

Job Opportunity: VP - Finance and Operations

Location: Avesthagen Limited, Bangalore

Position Type: Full-Time No. of Posts: 1

About Avesthagen:

Avesthagen is a leading life sciences company innovating in Nutrigenomics, Agriculture and Precision Medicine. The company focuses on addressing global challenges in nutrition, health and the environment, with a strong emphasis on research and commercialization in food, pharma, diagnostics and wellness.

Position Summary:

We are seeking a VP - Finance and Operations to lead finance and operations for diagnostics, medical foods and nutraceutical projects, ensuring smooth execution from concept to commercialization. This role requires the ability to manage cross-functional teams, oversee budgets, optimize operations and ensure regulatory compliance.

Key Responsibilities:

Project Management:

• Lead and manage projects from initiation through to completion, ensuring timely delivery by coordinating with R&D, regulatory, marketing, manufacturing and QA teams.
• Monitor project progress, manage risks and ensure compliance with FSSAI, EFSA, FDA and other relevant standards.
• Oversee the execution of projects while ensuring they align with Avesthagen’s strategic goals and timelines.

Financial Management:

• Control and manage project budgets, track expenses and provide actionable financial insights to senior leadership.
• Collaborate with the finance team to ensure accurate documentation, invoicing and cost efficiency across projects.
• Ensure financial projections are met and provide guidance on managing financial risks.

Operations Management:

• Oversee manufacturing, supply chain and vendor relationships, ensuring all operational processes are optimized.
• Address production challenges and ensure compliance with Good Manufacturing Practices (GMP) and other industry standards.
• Drive continuous improvement in operational efficiencies, cost reduction and product quality.
• Expand the business network and grow the client base to capture market share in India, as well as in the Rest of the World (ROW), Europe and the US.
• Drive revenue generation and ensure the achievement of company deliverables.
• Support team-building initiatives.

Stakeholder Engagement:

• Effectively communicate project timelines, financial metrics and potential risks to key stakeholders.
• Ensure all projects are aligned with organizational goals and deliverables, maintaining clear and transparent communication at all stages.

Candidate Qualifications:

Education:

• Bachelor’s or Master’s in Business Administration, Finance, Operations Management, Food Science or related fields, preferably from an IIM or other reputed institutions.

Experience:

• 5+ years of experience in project management, particularly in diagnostics, medical foods, nutraceuticals or related industries.
• Proven expertise in financial and operational management, with a strong understanding of regulatory compliance.
• Demonstrated success in managing cross-functional teams and leading projects from concept to commercialization.

Skills:

• Proficiency in project management tools, financial software and GMP regulations.
• Advanced accounting, analytical and problem-solving skills.
• Strong leadership abilities with excellent organizational and communication skills.
• Proficient in SAP, ERP systems and accounting software.
• Ability to make informed decisions and provide strategic guidance.

Benefits:

• Lead impactful projects within a dynamic and innovative industry.
• Competitive salary and benefits package.
• Opportunities for professional growth and development in a collaborative work environment.

How to Apply:Submit your CV and cover letter to [email protected] by 28 February 2025. Please include “VP - Finance and Operations Application” in the subject line.