Plant Finance Head

Roles & Responsibilities :

• Analyzing plant P&L, discuss variances and improvement opportunities with plant leadership.

• Partnering with CFTs on various improvement and saving initiatives such as OE diagnostics, LMS, Product cost leadership etc

• Running monthly governances to ensure committed savings are achieved and new opportunities get identified.

• Preparing detailed annual Opex and OVC budgets and review and with plant leadership & other stakeholders.

• Tracking and reporting operating expenses, comparing Budget vs. actual expenses, and preparing/circulating MIS to Plant Heads and senior leadership team.

• Presenting financial metrics in monthly review meetings, highlighting concerns if any, and facilitating cost sensitization discussions.

• Providing insights to planning team, preparing latest estimates, facilitating Capex projects evaluation and ensuring timely accounting of approved/executed projects.

• Reviewing slow-moving inventories at plant and discussing with operations to liquidate and minimize write-offs

• Collecting inputs for monthly provisions and analyzing their completeness, ensuring accurate posting and reversal of entries, reviewing exceptions in GLs and ensure timely books closure.

• Monitoring and closing overdue transactions such as RGPs and pending GRNs (Good Received notes), adhering to guidelines and policies for transaction closure.

• Preparing RMC (Raw Material Cost) spreads, conducting variance analysis, and supporting costing teams to minimize variances between standard and actual costs.

• Conducting perpetual inventory checks, facilitate periodic inventory audits, tracking closure of open orders and STOs (Stock Transfer Order).

• Ensuring 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.

CMA / CA

About the Department

Global 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 digita