Team Lead Planner

Company DescriptionDr 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 transparencyDr 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 SummaryThe person responsible will lead planning agenda working closely with his her team Primary area of involvement will be to work closely with a development teams wrt R D Budget Forecasting latest estimates WBS management etc and b Portfolio team wrt financial analysis for new product selections Product strategy discussion and for reviewing the overall health of the product portfolio that market carries Also considering the ongoing efforts towards automation - he she will need to have overview on the existing digital infrastructure and also work towards driving new projects the analytics agenda Roles Responsibilities Product Selection Product strategy Portfolio Health Partnering with Portfolio team and also respective front-end markets in review of business cases at the time of introduction of new products for development to give inputs on the financial feasibility and profitability Further to carry out periodic review of the health of Portfolio by reviewing the updated business cases and checking on the feasibility and profitability and publishing them to Markets and Portfolio to enable decisions on financially non-viable projects Product Development Cost management Overall budget management of development cost of the products identify opportunities for cost optimization and portfolio rationalization by reaching out extensively to relevant stakeholders Budget Preparation and monitoring Prepare review detailed product-level annual R D budget after interacting with various cross-functional teams like Tech Leads Portfolio Business Development Project management Supply chain Clinical Team and HR for product and Non-Project Expenditures Monitoring monthly variance analysis of plan v s actual spend Necessary escalations need to be carried out on time and facilitating the discussions with the concerned team leaders Preparation of Latest Estimate Prepare review the latest estimates at product level for each market for the rest of the year rolling four quarter Based on the review suggest for necessary actions wrt resource allocation Business Support and Analytics Preparation of BU scorecard and it s monitoring various MIS within the corporate framework Pro-actively partnering with functional teams for driving insights generation and the planning agenda Taking up projects and provide Analytical insights and recommendations based on the data Finance Assistance on Co-development CMO and Bio-Study Agreements Coordinating with Business development and Clinical teams and Providing Financial assistance Risk Mitigation tax payment structures and terms Contract negotiations etc on the agreements with Co-development partners and CRO s Performance reporting Preparing Monthly activity-wise product level actual expenditure comparing it against the plan and Latest estimate and presenting business performance to Senior Management CXO Level Preparing and monitoring of key thematic Digitalisation projects - The incumbent is expected to have an in-depth understanding on dashboards creation Tableau and be involved in upkeep of the finance related dashboards Others System Management Enable automation of processes reports harmonize planning and other allied processes within BU and company Qualifications MBA Finance CA with around 6-8 years of experience in FPA Good command on financial budgeting compiling and interpretation of financial statements cost management preparation of budget and business plans along with their evaluation Sound business acumen familiarity with digital tools like Tableau and Power BI Flair for Big Data Analytics Strong communication Inter-personal and presentation skills Analytical frame of mind with an orientation to go in details Should be able to analyse trends draw insights from data