Finance Controller - External Manufacturing

Finance Controller – Global External Manufacturing

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

Key Responsibilities

Financial Accounting & Governance

• Ensure monthly financial closing activities within timeliness.
• Balance Sheet and Trial Balance reviews to maintain financial hygiene and proactively identify accounting discrepancies.
• Review inventory valuation and provisioning in line with company policies and accounting standards.
• Review payables, receivables and Advances relating to External Manufacturing Partners.

Management Reporting, Analytics & MIS

• Prepare and circulate monthly MIS reports for External Manufacturing Operations.
• Generate and present procurement and operations MIS decks on a monthly basis for leadership reviews.
• Perform detailed variance analysis between actuals, budgets, and estimates, and prepare insightful data for review and decision‑making.
• Share actionable analytics and financial insights to support strategic and operational decisions for Global External Manufacturing.

Costing, Budgeting & Savings

• Prepare and review LL cost sheets, including validation of product yields.
• Review Third‑Party Manufacturing cost sheets prior to PO release.
• Partner with SCM and Procurement teams to:
  • Identify cost‑saving opportunities.
  • Build and monitor a robust savings idea funnel through OE diagnostics.
• Compute, track, and report Operations Excellence (OE) savings for External Manufacturing locations.
• Support and partner in annual budgeting activities, including scenario analysis and budget reviews.

Strategic & Commercial Support

• Act as the point of contact for all finance‑related matters for Global External Manufacturing Operations and Strategic Business Partners.
• Validate make‑or‑buy decisions through financial and commercial analysis.
• Review Loan Licence and Third‑Party Procurement agreements from a financial and risk perspective.
• Conduct benchmarking of material prices using EXIM data and market intelligence to identify savings opportunities.

Audit, Compliance & Controls

• Handle all audit requirements related to Statutory Audit, SOX, Cost Audit, Stock Audit, and Internal Audits, specifically for procurement and external manufacturing areas.
• Collaborate closely with internal and external auditors, ensuring timely closure of observations and adherence to company accounting policies, SOPs, and DOA.
• Ensure defined process notes and SOPs are followed; identify control gaps and drive corrective actions in coordination with Central Finance.
• Conduct and monitor stock audits at LL plants, ensuring accurate accounting and resolution of stock variances.

Process Improvement & Digital Enablement

• Drive automation and digitalization initiatives to improve efficiency, accuracy, and governance across finance and procurement processes.
• Continuously review and strengthen financial processes to enhance control, transparency, and scalability.

Stakeholder Management

• Collaborate with SCM, Sourcing Team, Central Finance and Legal teams to support business objectives.

Qualifications

Educational Qualification

Professional certifications such as Association of Chartered Certified Accountants (ACCA),Certified Management Accountant (CMA), Chartered Accountant (CA).

Minimum Work Experience : 4 to 6 years 

 

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/#!/"

Experience Level

Senior Level