Lead Planner-EM

  • Full-time
  • Job Family: Finance
  • Sub Job Family: Financial Planning & Analysis
  • Preferred type of working: On-Premise
  • Business unit: GG EM

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

Job Overview:

We are seeking for a Lead Planner- Emerging Markets. This role provides an exciting opportunity to work closely with the leadership team (Management Committee member/s), contributing to financial management, strategic planning, and operational efficiency across the organization.

Key Responsibilities:

  1. Monthly & Quarterly Closing, MIS, Business Updates, Sales AR, and Presentation to CXOs:

    • Oversee the end-of-period financial closing process, ensuring accuracy and completeness.
    • Prepare and analyze Management Information Systems (MIS) reports to provide insights into business performance.
    • Update stakeholders on business performance and key metrics.
    • Manage Accounts Receivable (AR) for sales, ensuring timely collection and reconciliation.
    • Prepare and present financial summaries and insights to C-level executives.
  2. Monthly and Quarterly LE (Latest Estimate) and Reporting of Variances to Management:

    • Develop and update the Latest Estimates (LE) based on actual performance and projections.
    • Analyze variances between actual performance and estimates or budgets, and report findings to management for strategic decision-making.
  3. Handle the Budgeting Exercise and Connect with Cross-Functional Teams:

    • Lead the annual budgeting process, collaborating with various departments to gather and consolidate budget inputs.
    • Coordinate with cross-functional teams to ensure alignment and accuracy in budget assumptions and projections.
  4. Preparation and Presentation of Strategic Plan P&L:

    • Prepare the Profit and Loss (P&L) statements as part of the strategic planning process.
    • Present these financial statements to senior management, highlighting key areas and strategic initiatives.
  5. Central SPOC (Single Point of Contact) for Automation Projects:

    • Serve as the primary contact for automation initiatives within the organization.
    • Manage and coordinate automation projects, ensuring alignment with business needs and driving efficiency.
  6. Drive Special Projects:

    • Lead and manage special projects as assigned, ranging from process improvements to strategic initiatives.
    • Ensure successful execution and delivery of these projects, achieving desired outcomes.

Qualifications

Educational Qualification:

  • Chartered Accountant 

Minimum Work Experience:

  • 6 to 10 years of post-qualification experience

Skills & Attributes:

Technical Skills:

  • Proficient in conducting financial analysis, including monthly closing activities and balance sheet analysis, to ensure accuracy and identify errors.
  • In-depth knowledge of regulatory requirements related to financial operations, accounts receivables, and corporate governance.
  • Skill in collaborating with stakeholders to prepare the annual budget, conducting reviews, and analyzing variances in estimates.
  • Expertise in financial reporting, including preparation and review of financial statements for various entities.
  • Experience in developing general ledger functions and managing month-end/year-end close processes.

Behavioral Skills:

  • Meticulous attention to detail in overseeing monthly closing activities, balance sheet analysis, and financial reporting.
  • Strong collaborative skills, working with internal and external stakeholders on budget preparation and financial statement reviews.
  • Ability to conduct analyses, understand variances, and prepare data for strategic meetings, demonstrating analytical thinking and problem-solving abilities.

Opportunity:

This role offers a valuable opportunity to work directly with the leadership team, contributing to high-impact financial and strategic decisions within the organization.

Additional Information

About the Department

The Finance function at Dr. Reddy's plays a crucial role in the organization's strategic decision-making process. Beyond traditional responsibilities like cost monitoring and accounting supervision, it acts as a strategic partner to all departments. The Finance function is undergoing digital transformation, leveraging technology to enhance its effectiveness. It comprises business partnering teams aligned with different business units, as well as multiple Centers of Excellence at the Corporate office, covering areas such as treasury, risk & assurance, taxation, corporate analytics, investor relations, GFRT (Global Finance & Reporting Transformation), and GBS (Global Business Services).

" 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/#!/.

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