Plant Finance Head

About the Company

Dr. Reddy’s Laboratories Ltd. is a global pharmaceutical organization with operations in multiple countries. The company’s workforce of more than 24,000 people is united by one goal: expanding access to affordable, innovative medicines. Founded in 1984 with a small team and a clear mission, it now has research and development centres, manufacturing sites, and commercial operations across 66 countries.

Over the years, the organization has built its reputation on science-led innovation, responsible people practices, and strong governance. As the pharma sector changes rapidly, the company is focused on strengthening its existing businesses while also investing in future-ready opportunities. Its long-term ambition is to serve over 1.5 billion patients by 2030, with sustainability embedded in its purpose and strategy.

The company states that it maintains a workplace free of discrimination and supports equal opportunity hiring. It values diversity and is committed to employing and developing qualified people without discrimination based on protected characteristics under applicable law.

Role Overview

The Plant Finance Head will support plant leadership by managing financial planning, performance tracking, cost analysis, governance, and compliance for manufacturing operations. This role requires close coordination with cross-functional teams to improve savings, strengthen financial controls, and ensure accurate and timely reporting.

Key Responsibilities

• Review plant profit and loss statements, identify key variances, and discuss improvement opportunities with site leadership.
• Work with cross-functional teams on improvement and cost-saving initiatives such as OE diagnostics, LMS, and product cost leadership.
• Lead monthly governance reviews to track committed savings and surface new opportunities.
• Build annual Opex and OVC budgets in detail and review them with plant leadership and other stakeholders.
• Monitor operating expenses against budget, prepare and circulate MIS updates for Plant Heads and senior leadership, and highlight deviations.
• Present financial performance in monthly review forums and facilitate discussions on cost awareness and controls.
• Support the planning team with financial inputs, prepare latest estimates, evaluate capex proposals, and ensure approved or executed projects are accounted for on time.
• Review slow-moving inventory and coordinate with operations to reduce write-offs and improve liquidation.
• Collect and assess monthly provision inputs, verify completeness, ensure correct posting and reversal of entries, review GL exceptions, and help close books on time.
• Track and close overdue transactions such as RGPs and pending GRNs in line with policy and process requirements.
• Prepare raw material cost spreads, carry out variance analysis, and support costing teams in reducing differences between standard and actual costs.
• Perform perpetual inventory checks, support periodic inventory audits, and monitor closure of open orders and STOs.
• Ensure financial records are accurate and complete, maintain transaction controls, and collaborate with stakeholders to meet compliance and audit requirements.

Qualifications

Applicants must hold a CMA or CA qualification.

Department Information

This position sits within the Global Manufacturing Organisation (GMO). The department focuses on precision manufacturing, operational excellence, and innovation across Dr. Reddy’s manufacturing network. The company operates 19 manufacturing plants across Hyderabad, Vizag, Baddi, Mexico, Shreveport, and Mirfield, including OSD, injectables, and API facilities.

The organization emphasizes benchmarking, process improvement, and digital transformation to support quality medicines across 66 countries. Its manufacturing portfolio includes complex APIs and more than 1,150 drug master files across major therapeutic areas such as oncology, cardiovascular, central nervous system, and anti-diabetes.

Benefits and Support

Employees are supported through personalized learning programs designed to encourage career growth and professional development. The benefits package is aligned with strong industry standards and includes joining and relocation support, family support such as maternity and paternity benefits, learning and development opportunities, medical coverage for self and family, and life coverage for the employee.

Work Culture

The company’s work culture is built around empathy, teamwork, and a shared sense of purpose. It emphasizes enabling people to do their best work while collaborating effectively across diverse skill sets. The guiding belief is that healthcare can improve lives, and that meaningful impact comes from combining scientific thinking with a people-first mindset.