Company Description
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 Description
Job Summary
We are seeking a finance lead who will be responsible for comprehensive financial reporting, business partnering, and controlling functions for new businesses. The ideal candidate will oversee legal agreement vetting, external partner negotiations, and milestone tracking. Ensuring compliance, efficient financial transactions, and process optimization are key responsibilities, along with risk assessment and timely closure of books of accounts.
Roles & Responsibilities
- You will be responsible for financial reporting, including monthly management reporting, tracking investments, and assessing financial performance against the business case.
- Your role involves forecasting rolling four-quarter LE (Latest Estimates), preparing budgets, and contributing to Strategy plan forecasts.
- You will evaluate business cases, conduct financial diligence, and build scenarios. You'll be involved in business model structuring, legal agreement vetting, external partner negotiations, and tracking key milestones and KPIs (Key Performance Indicators) while highlighting potential issues.
- Ensuring simplification of policies and processes for fast decision-making, pressure-testing business assumptions, and assessing the overall risk of investments is also part of your responsibilities.
- Your role includes finalizing the accounting treatment for transactions, ensuring timely closure of books of accounts, and facilitating financial transaction processing according to SLAs (Service Level Agreements).
- You will define process notes and SOPs (Standard Operating Procedures) for key operations, reviewing them periodically.
- Compliance with relevant finance-related regulations and governance oversight on compliance with other regulations are integral aspects of your responsibilities.
Qualifications
Educational qualification: MBA or Chartered Accountant
Minimum work experience: 7- 10 years; experience in risk analysis, Risk Management etc
Skills & attributes:
Technical Skills
- Proficiency in business and financial modelling, showcasing the ability to create and analyze financial models to support decision-making processes.
- Skill in vetting agreements, demonstrating the ability to review and assess contractual documents for legal and financial considerations.
- Basic knowledge of the healthcare industry, including an understanding of industry dynamics, regulations, and trends.
- Ability to analyze trends and draw insights from data, showcasing proficiency in data analysis and interpretation.
- Ability to interpret and explain complex legislation
Behavioral skills
- Effective communication and influencing skills, facilitating clear and impactful interaction.
- An analytical mind-set, with a focus on going into details to understand complex issues.
- Strong networking skills, building connections effectively, and demonstrates proficiency in presenting information convincingly.
Additional Information
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/#!/