Principal Product Manager Finance
3 weeks ago
Job Summary
We are seeking an experienced and dynamic Principal Product Manager to spearhead the strategic development and management of technology solutions for the finance function, ensuring alignment with business objectives. This role involves collaboration with SMEs (Subject Matter Experts) and Finance Heads to define roadmaps for digital transformation projects, implement change management initiatives, and drive continuous improvement. The Principal Product Manager will be responsible for proactive resource planning, risk management, and global collaboration to solve critical business challenges through digital advancements, fostering operational efficiencies. Overall, this role requires expertise in technology innovation, process improvement, and effective communication to drive the success of transformative initiatives.
Roles & Responsibilities
- You will be responsible for effectively owning, building and managing technology solutions as products for the finance function, ensuring that they meet all the business objectives over time.
- You will interact with functional SMEs (Subject Matter Experts) and BU (Business Unit) Finance Heads to understand business requirements and define roadmaps for implementation.
- You will be responsible for designing, conceptualizing and initiating Digital transformation/IT projects to disrupt, transform or simplify business processes.
- You will assess impact of changes on the ecosystem and roll out change management interventions during implementation of new projects.
- You will be responsible for seeking feedback from business on IT enablement of new initiatives and initiating improvements to systems, applications and policies as required for Project Delivery.
- Your role involves driving continuous Business Process Simplification, Improvement and Excellence, and driving and ensuring benefit realization of various implemented projects.
- You will be responsible for proactive resource planning, anticipating and actively managing change, setting and course correcting stakeholder expectations as necessary.
- You will identify operational risks and enable your team to drive issues to resolution, while balancing multiple priorities.
- You will be responsible for collaborating with globally dispersed internal stakeholders, external partners and institutions to solve critical business problems, and driving operational efficiencies leveraging digital and latest technological advances.
- Your responsibilities include identifying possible areas of process and technology improvements for IT processes, ensuring adherence to compliance processes for system validations, and initiating and participating in root-cause analysis for critical incidents.
- You will design and supervise implementation of initiatives that would ensure that daily activities such as asset usage, system implementation, documentation, etc. are auditable. You will also follow up with relevant teams to ensure quick closure of NCs (Non-Compliances) raised during internal and external audits.
- You will be a communication bridge between internal client and the solution team, driving solution development to positively impact project goals.
Qualifications
Educational qualification: CA/MBA (Finance) from a Tier 1 institute; post-graduation in Finance is preferable
Minimum work experience : 12 to 15 years of overall experience, including at least 8 to 10 years of experience in Digital Transformation projects
Skills & attributes:
Technical Skills
• Excellent finance domain knowledge, including, but not limited to O2C (Order to Cash), P2P (Procure to Pay), R2R (Record to Report), FAM (Financial Asset Management), Product Costing, Budgeting, planning, and reporting, working capital management.
• Exposure to cross functional areas of sales & marketing, supply chain, procurement, and master data management.
• Exposure to digital technologies such as SAP S4, SAP BPC, Tableau, GCP (Google cloud Platform), and RPA (Robotic Process Automation).
• End-to-end program management experience in digital transformation.
• Strong understanding of technology and hands-on experience in design and delivery of digital solutions.
• Extensive experience in vendor and partner management.
Behavioural skills
• Business focus mind set and a customer and service orientation, with confidence in advising, developing, and articulating solutions.
• Result-oriented approach with a work ethic of delivering on-time and as per scope.
• Strong interpersonal, consultative, influencing and management skills
• Good communication and interpersonal skills to manage & influence multiple stakeholders, including partners.
• Skilled in cross-functional collaboration to collaborate with areas of sales & marketing, supply chain, procurement, and master data management.
Additional Information
About the Department
Digital Process Excellence (DPEx)
Our digital transformation journey is led by the DPEx team and is structured along the lines of Digitalize the Core and Transform with Digital.
With a mandate to ensure continuous process improvement and drive patient centric innovation, it spans all functions and operations. In other words, you could be working on projects to expedite research outcomes one day, designing customer engagement platforms the next.
- Reimagine Dr. Reddy’s as a ‘platform-based’ organization.
- Create Data as an asset that brings competitive advantage and business impact
- Create Digital solutions that make the lives of our patients and customers easier and better
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
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