▷ High Salary Plant Finance Head

Company DescriptionDr Reddys 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 Cant 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 xe2x80x98The 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 Reddys 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 Summary We are seeking an experienced and dynamic Plant Finance Head for overseeing financial control processes period closure activities costing inventory management operating expense review and ensuring compliance with accounting policies and guidelines Your responsibilities will include tracking and closure of overdue transactions variance analysis budget monitoring and facilitating audits and compliance reviews for the respective plant Roles Responsibilities You will be responsible for analysing plant P L discuss variances and improvement opportunities with plant leadership You will be responsible for partnering with CFTs on various improvement and saving initiatives such as OE diagnostics LMS Product cost leadership etc You will be responsible for running monthly governances to ensure committed savings are achieved and new opportunities get identified You will be responsible for preparing detailed annual Opex and OVC budgets and review and with plant leadership other stakeholders You will be responsible for tracking and reporting operating expenses comparing Budget vs actual expenses and preparing circulating MIS to Plant Heads and senior leadership team You will be responsible for presenting financial metrics in monthly review meetings highlighting concerns if any and facilitating cost sensitization discussions You will be responsible for providing insights to planning team preparing latest estimates facilitating Capex projects evaluation and ensuring timely accounting of approved executed projects You will be responsible for reviewing slow-moving inventories at plant and discussing with operations to liquidate and minimise write-offs You will be responsible for collecting inputs for monthly provisions and analysing their completeness ensuring accurate posting and reversal of entries reviewing exceptions in GLs and ensure timely books closure You will be responsible for monitoring and closing overdue transactions such as RGPs and pending GRNs Good Received notes adhering to guidelines and policies for transaction closure You will be responsible for preparing RMC Raw Material Cost spreads conducting variance analysis and supporting costing teams to minimize variances between standard and actual costs You will be responsible for conducting perpetual inventory checks facilitate periodic inventory audits tracking closure of open orders and STOs Stock Transfer Order You will ensure the accuracy and completeness of financial records overseeing related transactions and controls adhering to compliance and audit requirements and collaborating with stakeholders to meet financial needs QualificationsEducational qualification AICWA or CA Minimum work experience 7-10 years of experience in financial control accounting and operational finance preferably in a manufacturing or pharmaceutical environment Skills attributes Technical Skills Strong analytical skills and attention to detail Proficiency in financial analysis cost management and inventory control Knowledge of SAP or other ERP systems Expert in MS office Understanding of accounting standards and compliance requirements Behavioural skills Strong analytical skills and attention to detail Excellent communication and interpersonal skills Ability to work under pressure and meet deadlines Additional InformationAbout the DepartmentGlobal Manufacturing Organisation GMO At Dr Reddy s Laboratories we are dedicated to making a meaningful impact on global healthcare through precision manufacturing and innovation With a legacy of excellence we are a leading force in the pharmaceutical industry We operate 19 state-of-the-art manufacturing plants across Hyderabad Vizag Baddi Mexico Shreveport and Mirfield comprising 8 OSD facilities 3 Injectables facilities and 8 API facilities Benchmarking manufacturing processes and continuous operational excellence are at the core of our capability to deliver quality medicines to our patients in 66 countries We manufacture a portfolio of complex APIs and 1 150 drug master files across key therapy areas such as Oncology Cardio-vascular Central Nervous System and Anti-Diabetes he World Economic Forum has recognised our largest manufacturing facility in Bachupally Hyderabad as part of its Global Lighthouse Network We aspire to be the most efficient pharma operations in the world Our productivity improvement and digitalisation efforts are key to staying competitive meeting business imperatives and meeting our ambitious ESG goals Building such xe2x80x98factories of the future is integral to innovation and to build healthcare of the future Benefits Offered At Dr Reddys we actively help to catalyse your career growth and professional development through personalised learning programs The benefits you will enjoy at Dr Reddys 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 Reddys why they come to work every day and theyll say because Good Health Cant 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 were 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