Plant Finance Head-CTO-1 at Dr Reddy's Laboratories Limited

Hyderabad, Telangana, India -

Full Time

Start Date

Immediate

Expiry Date

11 Feb, 26

Salary

0.0

Posted On

13 Nov, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Accounting, Financial Planning, Financial Analysis, Corporate Financial Reporting, Internal Auditing, Cost Accounting, Compliance Management, Regulatory Compliance, Market Intelligence, Business Acumen, Enterprise Resource Planning, Operational Stewardship, Analytical Rigor, Collaborative Partnering

Industry

Pharmaceutical Manufacturing

Description

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. " Job Description Job Summary This role is for a Plant Finance Head, responsible for end-to-end financial operations and performance oversight at the manufacturing plant level. The position plays a key role in financial reporting, cost control, budgeting, compliance, and business partnering with operations and leadership teams to drive plant efficiency, cost savings, and governance. " Roles & Responsibilities Manage and validate Opex provisions, ensure accurate accounting of entries, balance sheet GL review, FSCP documentation, and closure of overdue RGPs and GRNs. Prepare RMC spreads, overhead rate computations, inventory valuations, and variance analyses; support the GMO Costing Team and minimize gaps between standard and actual costs. Track plant Opex performance against budgets, analyze variances, prepare plant-level MIS reports, and present financial insights in monthly review meetings. Lead the Opex budgeting process for the plant, incorporating operational savings and stakeholder inputs to ensure accurate and comprehensive plans. Support audits (statutory, SOX, cost, and stock) by preparing required documents, participating in walkthroughs, and facilitating closure of audit issues in compliance with policies and DoA. Oversee pre-audit and vendor verification processes, review purchase adherence, validate scrap disposal transactions, and drive accurate MIS reporting for these areas. Collaborate with plant teams to validate OE (Operational Efficiency) savings and provide analytical inputs to support cost-saving idea generation and performance improvement. Act as a financial partner to plantoperations by delivering timely and actionable insights, monitoring key financial metrics, and driving alignment between finance and operational objectives. " Qualifications Educational Qualification Professional certifications such as Cost Accounting (ICWAI), Chartered Accountant (CA), Certified Public Accountant (CPA), Certified Management Accountant (CMA), ACCA (Association of Chartered Certified Accountants) or equivalent are mandatory. Postgraduate in Finance, Business Administration (MBA), Accounting, or a related field is preferred. Minimum Work Experience 8+ years of experience Skills & Attributes & Critical Exposures Functional Skills Financial Accounting Financial Planning Financial Analysis Corporate Financial Reporting Internal Auditing Cost Accounting Compliance Management Resident Skills Regulatory Compliance Market Intelligence Business Acumen Enterprise Resource Planning Behavioural Skills Operational Stewardship – Oversees plant-level finance with precision, driving cost control, audit readiness, and budget alignment. Analytical Rigor – Translates costing, variance, and inventory data into actionable insights that improve efficiency and profitability. Collaborative Partnering – Engages cross-functional teams to validate savings, support compliance, and align financial goals with operational outcomes. Critical Exposures 2+ years of experience in any of Plant Operations Finance, Supply Chain Finance, Manufacturing Finance, or Cost Accounting relevant to the role Experience in cost accounting, including standard costing, variance analysis, and cost optimization is desired Experience in overseeing capital expenditure (CapEx) projects, including financial analysis, project evaluation, and ROI assessments is desired Experience managing plant-level P&L responsibilities, including budgeting, forecasting, and financial reporting for manufacturing operations is desired Exposure to managing working capital at the plant level, with a focus on inventory management, procurement, and cash flow optimization is preferred Experience in statutory and internal audits as per the Company’s Act is desired " 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/#!/"

Responsibilities

The Plant Finance Head is responsible for end-to-end financial operations and performance oversight at the manufacturing plant level. This includes financial reporting, cost control, budgeting, compliance, and business partnering with operations and leadership teams.