Company Description
Dr. Reddy’s Laboratories Ltd. is a leading multinational pharmaceutical company based across global locations and committed to providing affordable and innovative medicines for healthier lives. Ask any of the 20,000+ employees at Dr. Reddy’s why they come to work every day and you will unanimously hear: because ‘Good Health Can’t Wait.’
Job Description
- Roles and Responsibilities:
Month end close
• Ensuring Gross sales closure for markets on day 1 of the following month including cut offs, revenue recognition;
• Sales deduction/ Gross to net accruals, reconciliations, and compliance
• Ensuring controls and compliance framework is in place. (DoA adherence, compliance framework, FSCP checklist review etc.,)Circulation of monthly FS MIS including balance sheet schedules.
• Intercompany reconciliation and profit elimination
• Circulation of monthly COPE, purchase book and Inventory MIS to the respective teams.
• Preparation and circulation of Monthly MIS, monthly review meeting presentation.
Control and compliance
• Entity governance, Tax compliance (VAT, import/ Export taxes and Direct taxes)
• Local Market statutory GAAP reporting and compliance
• Monthly/ Quarterly Balance sheet controls/ reconciliations (Fixed assets, AR/ AP, provisions, advances etc)
• Statutory, local Audit and Sox support for the markets
• continuous process improvements across the value chain
MIS/ reporting
• Circulation of monthly P&L for the market Customer, brands, formats across geo
• Tracking of Financial performance against budgets, latest forecast and LY
• Global and Market gross margin variance analysis into Price, cost, vol/ Mix by brands, formats and customers across geographies - Support in preparing presentations for monthly business performance review meetings with management
- Global and Market price/ volume reporting
Qualifications
Must have Experiences, Exposure and Educational background
• Chartered accountant/ Cost accountants/ MBA finance
• 5 to 10 Years Of Experience
• Controlling, Planning, Books closure, MIS, costing
Additional Information
Positive attitude and enthusiastic, Strong Foundation in Accounting, Zeal to learn and contribute, Familiarity with SAP environment, Knowledge in IFRS, Presentation Skills, Good Communication skills.