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
Key responsibilities:
- Closure of IFRS and Ind AS Consolidated books of accounts on a monthly basis;
- Preparation of quarterly / annual financial statements in the form of SEBI results, Schedule III format, Annual report along with detailed notes to accounts under IND AS reporting;
- Provide necessary assistance in the preparation of quarterly / annual financial statements in the Form 6-K and Form 20-F along with detailed notes to accounts under SEC reporting;
- Responsible for computations relating to cost, exercise of options, budgets and variance analysis with respect to stock appreciation rights expense of the company;
- Preparation of cash flow statement, balance Sheet Analytical Review and AC presentation deck.
- Support in masters (GL, FS, PC) management.
- Co-ordinate with the audit team (E&Y) for smooth closure of the audit process;
- Proper adherence to identified internal controls surrounding the financial statement closure process and ensure compliance to requirements under IFCs and SOX.
Support for Other Processes
- Support in Inter-Company elimination.
- Ensuring circulation of deferred cash and leave encashment numbers and its reconciliation.
- Preparation of foreign Subsidiary financials as per Sec 136
- Providing various details to tax team for tax entries.
- Review of FS Accounts
- Providing various consolidated numbers to other functions to meet various statutory / compliance requirements.
- Support in various process Automation and continuous process improvements.
- Review of XBRL Financials prepared by third party service providers.
- Review of Annual Report.
Mandatory Qualification & Skills:
- CA with 3-5 years post qualification experience
- Strong Foundation in Accounting & Reporting
- Worked on consolidation of INDAS/IFRS complied entities
- SAP Knowledge, Analytical & Presentation Skills
Mandatory Skills
Financial Controllership, variance analysis, ifrs, consolidation
Qualifications
Mandatory Qualification & Skills:
- CA with 3-5 years post qualification experience
- Strong Foundation in Accounting & Reporting
- Worked on consolidation of INDAS/IFRS complied entities
- SAP Knowledge, Analytical & Presentation 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/#!/
Top Skills
What We Do
We accelerate access to affordable and innovative medicines because Good Health Can’t Wait.
