Job Description

Company DescriptionDr. Reddys 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 Cant 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 transparencyDr Reddys 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.Key responsibilities:

• Inventory valuation and NRV provisioning.
• Overheads: Calculation of overheads on a quarterly basis and review of over and under absorption.
• MLs valuation: Computing the MLs rate on quarterly basis and ensuring the rates updated.
• Preparation of product costs and deeper analysis on month on month cost variances.
• Reporting of TVC Savings (Yield, Solvent and CIP Projects) along with LE.
• Checking of batch wise hours & yield data and report to the plant, in case of any abnormalities.
• Production confirmations, TECO Confirmation and Maintenance order settlement.
• Reviewing of Spent solvents sales with ATRs and maintaining the customer-wise ledger.
• Track and highlight Cost of Poor Execution (CoPE) to the Plant Teams.
• OpEx Provisions accounting and GL reclassification on the basis of Cost Center, GL etc.
• Provisioning of Duty on samples/write offs
• Review and provisioning of Pending GRNs.
• Tracking and closure of overdue RGPs & GRNs
• Meet the audit requirements like Statutory, SOX, and internal audits for the plant.
• Physical verification of inventory and service bills (random basis)
• Review & approving of BoMs and Release SCRs.
• Review and Tracking of OVC Savings.
• Budgeting: Product level RMC projections and estimated TVC Savings
• Support Plant team to manage and improve Plant financials

QualificationsEducational qualification: CMA / CAMinimum work experience: 2-6 years in Commercial Manufacturing in Pharma.Mandatory Skills : 1) A good understanding of costing, accounting, book closure process 2) In-depth Knowledge on Plant Operations 3) Good working knowledge in SAP, MS Excel

Dr. Reddy's Laboratories