Finance 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.

Job Summary

We are looking for a Finance Controller to support book closing on monthly basis as per corporate timelines, preparation, review & clean up of Balance Sheet, preparation of MIS, business partnering, auditing, and tax filings by managing sales reporting, financial KPIs, and S&OP processes, and ensuring compliance with local tax laws. This role involves collaborating with Indian & Australian cross collaboration teams, handling AR and AP management, preparing local tax documents, coordinating with auditors, and ensuring timely submission of all financial filings.

Roles & Responsibilities

Book Closure & Reporting, Monthly Reports

• Monthly Books Closure as per corporate timelines with 100% accuracy.
• FSCP Checklist preparation with full completion of all closing activities.
• MIS preparation.
• Transfer prices maintenance and update, TP P&L preparation and review.
• Monthly rebates check and release.
• Bank related support: credit cards, weekly pay runs, etc.
• Pricing master file maintenance
• Last Estimate monthly update, monitoring and uploading into Kinaxis.
• Preparation of various reports for Corporate/Business use.
• Multiple reconciliations.

Balance Sheet preparation and review

• Prepare monthly Balance Sheet Review & Clean-up.
• Receivables overdue follow-ups.
• Various balances reconciliations: bank, intercompany, warehouse/logistic provider, etc.
• Circulating Reports to SCM team and reviewing the overdue balances for GRIR, Creditors & Advances.
• Coordinating with Processing/GBS team in order to clear the deviations, GRIR, DPs etc.

Compliance & Controlling

• Ensure adherence & SOX Compliance: collection of approvals for payments, dispatches, etc.
• Preparation for Company level Controller's Forum.
• Support Statutory / Internal Auditor, handle queries and act SPOC to them.

Others

• Deep dive/Projects on process evaluation, expense analysis, etc.
• SAP integration (final stages).
• Digitalisation/automation projects support.
• Creation & Maintenance of WBS & Cost Centre and periodic review of the same.
• Coordination of external consultants on business support with manpower and taxation topics.
• Secretarial support: BoD resolutions, directors signatures coordination.
• Business cases preparation support.
• Maintenance of SOPs.

• Qualified CA with minimum 10 years of experience.
• Understanding of Pharmaceutical Industry.
• MS Office (Primarily MS Excel and Power Point).
• SAP Knowledge.

Skills & attributes:

• Proficiency in preparing and analysing financial reports, such as P&L statements, balance sheets, MIS, and cash flow statements.
• Advanced knowledge in using SAP or similar ERP systems for financial reporting, month-end closure, and uploads.
• Expertise in local tax laws, transfer pricing, and compliance requirements, including PAYG, Payroll Taxes, GST, BAS, and SOX controls.
• Skills in managing inventory, collaborating with supply chain management (SCM), and handling inventory provisions and stock holding KPIs.
• Strong communication and collaborative skills to work with senior leadership, finance and business heads, sales teams, external statutory agencies, and auditors.
• High level of attention to detail for ensuring precision and reliability in all tasks.
• Excellent problem-solving skills and analytical thinking to support strategic decision-making through detailed analysis and insights.

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.

Diversity, Equity & Inclusion

At Dr. Reddy’s, we are deeply committed to building a diverse, equitable and inclusive workplace where everyone belongs and is valued for their contributions to the team.  We are most interested in finding the best candidate for the role and are open to exploring candidates with a less traditional background.

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