Associate Commercial Operations

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

We are seeking an experienced Team Member - Commercial Operations to manage the smooth and accurate processing of government rebate invoices while ensuring compliance with industry standards and regulations. This role also involves supporting process improvement and automation efforts to enhance efficiency. Your strong analytical skills and attention to detail will be crucial in ensuring timely and accurate processing of rebates, contributing to the overall success of the team. 
Roles & Responsibilities

• Oversee end-to-end Medicaid claim processing.
• Manage the BOT tracker at the start of each quarter.
• Ensure the BOT tracker for missing invoices and verify state portals for any overlooked invoices (grouped by states).
• Monitor state portals for new programs.
• Address all RPA issues and respond to queries from the RPA team.
• Resolve Vistex issues.
• Track the receipt of all Medicaid invoices, ensuring accurate capture of postmark dates to guarantee timely payments.
• Promptly respond to state queries, providing necessary information and supporting documents.
• Participate in weekly reviews with the Medicaid, RPA, and Vistex teams to address concerns.
• Engage in calls with the Front Office to discuss specific process issues.
• Support process automation efforts.
• Provide support for ad hoc requests and audit documentation/queries

Qualifications

Educational qualification: A Master degree in Finance, Accounting, or related field.
Minimum work experience: Minimum 3-4 years of experience in the financial operations
Skills & attributes:
Technical Skills

• Advanced proficiency in Excel and Power point
• Must have experience in SAP
• Exceptional user and administrative skills in accounting software, showcasing the ability to navigate and utilize accounting software tools effectively
• Excellent numeracy skills, showcasing a high level of proficiency in working with numbers

Behavioural skills

• Strong communication and presentation skills, conveying information clearly and persuasively.
• A logical and analytical mind, demonstrating the ability to approach problems systematically and derive meaningful insights.
• Excellent organizational skills

Additional Information

About the Department
Finance
The Finance function at Dr. Reddy's goes beyond the traditional roles of monitoring costs, supervising accounting and creating reports. Deep into its digitalization transformation journey, the function works with all departments in the organization as a strategic partner and plays a major role in supporting management in its decision making.

The function is distributed globally and has business partnering teams allied to different business units as Controller and Planners. And, secondly distributed as multiple Centre of Excellence housed in Corporate office, such as treasury, Risk & Assurance, Taxation, Corporate Analytics, Investor Relations, GFRT and GBS.
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/#!/