Finance Controller - GFRT

The Finance Controller - GFRT holds a position of utmost importance within our organisation, bearing significant responsibilities that are crucial to our financial operations and compliance. The successful candidate will be entrusted with the following critical duties:

1. Ensure meticulous closure of IFRS and Ind AS Consolidated books of accounts on a monthly basis, maintaining the highest standards of accuracy and timeliness.
2. Preparation of quarterly and annual financial statements in strict accordance with SEBI requirements, Schedule III format, and Annual report guidelines, including comprehensive notes to accounts under IND AS reporting.
3. Provide essential support in the preparation of quarterly and annual financial statements for Form 6-K and Form 20-F, including detailed notes to accounts under SEC reporting, ensuring full compliance with international standards.
4. Take full responsibility for precise computations relating to cost, option exercise, budgets, and variance analysis with respect to the company's stock appreciation rights expense.
5. Conduct thorough preparation of cash flow statements, balance sheet analytical reviews, and Audit Committee presentation decks, ensuring all financial data is accurately represented.
6. Maintain rigorous oversight of master data management, including General Ledger, Financial Statement, and Profit Center masters.
7. Serve as the primary liaison with the audit team, facilitating a seamless and efficient audit process.
8. Ensure strict adherence to identified internal controls surrounding the financial statement closure process, guaranteeing compliance with IFC and SOX requirements.

Additional Critical Responsibilities:

1. Spearhead the Inter-Company elimination process, ensuring all transactions are accurately recorded and eliminated.
2. Oversee the timely circulation and reconciliation of deferred cash and leave encashment figures.
3. Direct the preparation of foreign Subsidiary financials in compliance with Section 136 requirements.
4. Provide comprehensive financial data to the tax team for accurate tax entry preparation.
5. Conduct thorough reviews of Financial Statement Accounts to ensure accuracy and compliance.
6. Deliver consolidated financial data to various functions to meet statutory and compliance requirements.
7. Drive process automation initiatives and continuous improvement efforts to enhance financial operations.
8. Oversee the review of XBRL Financials prepared by third-party service providers, ensuring accuracy and compliance.
9. Lead the critical review process of the Annual Report, ensuring all financial information is accurately represented and compliant with regulatory standards.

The Finance Controller - GFRT role demands unwavering attention to detail, a commitment to excellence, and the ability to navigate complex financial landscapes with precision and integrity.

Essential Qualifications & Competencies:

• Chartered Accountant (CA) qualification with a minimum of 3-5 years of post-qualification experience, demonstrating a proven track record of excellence in financial management
• Extensive expertise in Accounting & Reporting, with a comprehensive understanding of complex financial principles and practices
• Demonstrated proficiency in the consolidation of INDAS/IFRS compliant entities, showcasing a thorough grasp of international financial reporting standards
• Advanced proficiency in SAP systems, coupled with exceptional analytical and presentation skills, essential for navigating sophisticated financial landscapes and communicating complex financial data effectively

About the Department
Finance
The Finance function at Dr. Reddy's goes beyond the traditional roles of monitoring costs, supervising accounting and creating reports. Deep into its digitalization transformation journey, the function works with all departments in the organization as a strategic partner and plays a major role in supporting management in its decision making.

The function is distributed globally and has business partnering teams allied to different business units as Controller and Planners. And, secondly distributed as multiple Centre of Excellence housed in Corporate office, such as treasury, Risk & Assurance, Taxation, Corporate Analytics, Investor Relations, GFRT and GBS.

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/#!/