Cost Controller

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, fulfil 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 committed to employ & nurture all qualified diverse workforce without regard to race, colour religion, nationality, sex, age, disability status, genetics, sexual orientation, gender expression, citizenship or any other characteristic or classification protected by applicable law(s) of the country we operate in. We treasure every talent, and recognize merit and diversity in our organization.

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TVC Reporting and Governance:

1. Validate and report Manufacturing TVC savings (Yield, Make vs Buy, Packing, and Development savings).

2. Drive governance to ensure savings align with the budget and work closely with key stakeholders to mitigate risks.

CoPE Reporting and Analytics:

1. Review probable hits every month and collaborate with SCM & MFG teams to mitigate risks.

2. Ensure provisions are calculated as per policy and align with Financials.

3. Report monthly CoPE and provide reasons for variances vs LE.

4. Prepare notes to account on provision movement between quarters.

5. Perform analytics on Inventory Provision policy validation and present to auditors and leadership team.

Budget:

• Ensure Material cost and CoPE budget activities are completed on time.

Process Note Documentation:

• Ensure process notes are updated in a timely manner.

Analytics:

• Perform analytics to identify potential savings areas and work with cross-functional teams to realize the savings.

RMC Projections:

• Provide current and future RMC projections based on inputs from Business teams.

Educational Qualification

CMA 

Minimum Work Experience

2 to 6 years in mid to large level organization.

Skills & Attributes Technical Skills

• Proficient in using SAP, Microsoft Office applications, specifically Excel and PPT for various business reviews
• Inter-personal Skills, People Management, Ability to draw insights

Behavioral Skills

• Effective written and verbal communication skills, ensuring clear and concise expression of ideas.
• Strong interpersonal skills, fostering positive interactions and relationships with others.
• Growth Mindset, Curious to learn and a self-motivator.

About the Department

The Finance function at Dr. Reddy's plays a crucial role in the organization's strategic decision-making process. Beyond traditional responsibilities like cost monitoring and accounting supervision, it acts as a strategic partner to all departments. The Finance function is undergoing digital transformation, leveraging technology to enhance its effectiveness. It comprises business partnering teams aligned with different business units, as well as multiple Centers of Excellence at the Corporate office, covering areas such as treasury, risk & assurance, taxation, corporate analytics, investor relations, GFRT (Global Finance & Reporting Transformation), and GBS (Global Business Services).

" Benefits Offered

At Dr. Reddy’s we actively help to catalyse your career growth and professional development through personalised learning programs. The benefits you will enjoy at Dr. Reddy’s are on par with the best industry standards. They include, among other things and other essential equipment, joining & relocation support, family support (Maternity & Paternity benefits), learning and development opportunities, medical coverage for yourself and your family, life coverage for yourself.

" Our Work Culture

Ask any employee at Dr. Reddy’s why they come to work every day and they’ll say, because Good Health Can’t Wait. This is our credo as well as the guiding principle behind all our actions. We see healthcare solutions not only as scientific formulations, but as a means to help patients lead healthier lives, and we’re always attuned to the new and the next to empower people to stay fit. And to do this, we foster a culture of empathy and dynamism. People are at the core of our journey over the last few decades. They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success. We believe that when people with diverse skills are bound together by a common purpose and value system, they can make magic.

For more details, please visit our career website at https://careers.drreddys.com/#!/.

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