Finance Associate

Finance Associate

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.

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Job Description

Job Summary

This role is for a Finance Associate responsible for managing the activities pertaining to EST Operations handled by outsourced partners ensuring accurate payroll process, provisions, financial closing, strict compliance with labor and tax laws, managing various audits, sharp analytics with high quality insights and KPI / SLA achievements with complete end-to-end ownership.

" Roles & Responsibilities

You will be responsible for timely and accurate payroll processing, month, quarter & Annual book closure activities for all the India entities.

• You will be responsible for thorough review of all the employee balances (both payable and recoverable) and ensure hygiene of accounts, adherence to company policies

• You will be responsible for monitoring the various employee payments, ensure accuracy with timely accounting and regular review of associated accounts in Trial Balance with end to end ownership and schedules.

• You will be responsible for regular monitoring of all employee expense claims submitted in various forms, ensure accuracy, initiate digital controls to avoid incorrect and duplicate claims, regularly tracking all the open advances/Corporate card transactions in employee vendor accounts and ensuring there are no aged balances beyond 90 days

• You will be responsible for ensuring that the MIS and schedules are prepared monthly and thoroughly reviewed and initiate necessary actions with cross functional teams aiding in decision making.

You will be responsible for regular monitoring of the activities handled through various business partners for accuracy, timeliness, SLA improvements with regular governance mechanism and ensuring speedy resolution of employee queries eying for enhanced experience continuously

• You will be responsible for engaging with auditors to resolve queries and ensure smooth audit closure, while maintaining compliance with RCMs and SOX requirements

• You will be responsible for strict compliance with various labor laws and tax laws and ensure to align the internal processes according to enacted laws and monitoring amendments regularly.

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Qualifications

Educational Qualification

CA / CMA or equivalent is mandatory. Postgraduate in Finance, Business Administration would be an added advantage

Minimum Work Experience

3 to 5 years of relevant experience

Skills & Attributes & Critical Exposures Functional Skills

Financial Accounting with relevant SAP knowledge

• Strong in big Data Analytics, Eye for opportunities in automation and build strong process controls

• Building Internal Controls, SOP preparation, SOX documentation and periodic governance.

• Partner Relationship Management
• Payroll Taxes

Resident Skills

• Regulatory Compliance
• Basic Accounting Principles
• Lean Methodologies
• Digital Literacy
• Data Analysis

Behavioural Skills

• Customer-Centric Mindset – Focused on delivering value and consistent service excellence to internal and external stakeholders.
• Continuous Improvement Orientation – Proactively seeks ways to optimize processes, embrace automation, and drive efficiency.
• Collaboration & Accountability – Works effectively across teams, owns responsibilities, and ensures commitments are met with integrity.
• Analytical Thinking – Breaking down complex financial data to generate meaningful insights and own process improvements end to end.
• Process Discipline – Maintain rigor in timely book closure, audit timelines, and meeting compliance requirements.

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Additional Information

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/#!/"