Plant Finance Head
About the job
Dr. Reddy’s Laboratories Ltd. is a leading multinational pharmaceutical company based across global locations. Each of our 24,000 plus employees comes to work every day for one collective purpose: to accelerate access to affordable and innovative medicines because Good Health Can’t Wait. We started in 1984 with a modest investment, 20 employees and a bold vision. Today, we have research and development centres, manufacturing facilities or a commercial presence in 66 countries. For nearly four decades, we have stood for access, affordability and innovation based on the bedrock of deep science, progressive people practices and robust corporate governance. As the pharmaceutical industry evolves and undergoes disruption, we see an opportunity – to strengthen our core further (the next steps) and to build the future (the new bets). ‘The Next and the New’ is how we aim to continue to be the partner of choice – purpose-driven, future-ready and sustainable. Our aim is to reach over 1.5 Bn+ patients across the world by 2030 by growing our core businesses and building for the future with sustainability at the core of our purpose and strategy. Sustainability for us means operating in a manner that respects people, planet and purpose – helping us conserve precious resources, serve our patients, create value for stakeholders, give back to society, fulfill our potential and maintain our integrity and transparency. Dr Reddy’s maintains a work environment, free from discrimination and is an equal opportunity employer. We are seeking an experienced and dynamic Plant Finance Head for overseeing financial control processes, period closure activities, costing, inventory management, operating expense review, and ensuring compliance with accounting policies and guidelines. Your responsibilities will include tracking and closure of overdue transactions, variance analysis, budget monitoring, and facilitating audits and compliance reviews for the respective plant. Roles & Responsibilities: • You will be responsible for Collecting inputs for Apex provisions and analyzing their completeness, ensuring accurate posting and reversal of entries, and reviewing exceptions in Balance Sheet GLs. • You will be responsible for monitoring and closing overdue transactions such as RGPs (Receiving Goods Protocol) and GRNs (Good Received notes), adhering to guidelines and policies for transaction closure. • You will be responsible for preparing RMC (Raw Material Cost) spreads, conducting variance analysis, and supporting costing teams to minimize variances between standard and actual costs. • You will be responsible for conducting perpetual inventory checks, tracking closure of open orders and STOs (Stock Transport Order) to minimize inventory write-offs. • You will be responsible for tracking and reporting operating expenses, comparing Budget vs. actual expenses, and preparing/circulating MIS to Plant Heads and senior leadership team. • You will be responsible for providing insights to planning teams, presenting financial metrics in monthly review meetings, and facilitating cost sensitization discussions. • You will be responsible for Overseeing financial transactions, ensuring compliance with audit and regulatory requirements, and verifying invoice accuracy. • You will be responsible for ensuring accuracy and completeness of financial records and collaborating with stakeholders to address financial queries and requirements. Qualifications: Educational qualification: AICWA or CA Inter, MBA. Minimum work experience: 7-10 years of experience in financial control, accounting, and inventory management, preferably in a manufacturing or pharmaceutical environment.
Requirements
- Financial control
- Accounting
- Inventory management
- Costing
- Compliance
Qualifications
- AICWA
- CA Inter
- MBA
Preferred Technologies
- Financial control
- Accounting
- Inventory management
- Costing
- Compliance
Benefits
- Personalized learning programs
- Medical coverage
- Family support
- Relocation support
About the company
Dr. Reddy's Laboratories is a leading multinational pharmaceutical company focusing on providing access to affordable and innovative medicines. With a commitment to sustainability, the company operates across 66 countries, utilizing cutting-edge technology and deep scientific expertise to achieve its goals.
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