Treasury - 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.

Role: Controller - Treasury

To play an active role in Managing Investments & Ensure proper controlling, compliance and accounting of Treasury related activities. The incumbent would be responsible for periodic book closure, accuracy/completeness of Trial Balance, tracking of forex exposure, SoX and statutory audits of treasury, automation of process controls, review and monitoring of Treasury Back-office activities and in-depth analysis of Treasury P/L & B/S

The challenging aspects of the role

• Assist in managing Investments in Mutual funds, Bonds, Fixed deposits. Current Investment book is 6000 crs.
• Analysis of forex exposure & forex P&L at group level.
• Exposure to niche segments like financial market, derivatives, hedge accounting and SAP TRM module.

Key Responsibilities

• Continuous monitoring of Treasury transactions processing and ensure proper accounting.
• Ensure systematic closure of books for treasury transaction in accordance with accounting standards.
• Preparation of analytical reports, notes to accounts ,6K and reports to aid post book closure activities.
• Prepare and distribute MIS to senior management.
• Assist in Managing Investments.
• Co-ordinating with other finance teams to ensure proper capture of data for FX exposure tracking.
• Review all activities of treasury back office.
• Periodic review of SLA’s & SOP’s
• Prepare various reports like UFCE, stock statements etc., as required by banks from time to time.
• Prepare and analyse forex & Investment P/L.
• Responding to queries of Statutory and Internal Auditors(Including SoX) and co-ordinating with them to ensure timely closure of audits.

Educational qualifications: CA/MBA

Experience Required: 3-5 years

Key Personal attributes

• Good communication skills
• Analytical skills
• Presentation & Interpersonal skills
• Knowledge of accounting.
• Knowledge of IT tools & resources such as SAP/MS office.

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/#!/