Team Lead Controlling - FET

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

About the Role

Lead the Functional Controlling team by driving financial governance, month-end closure excellence, balance sheet integrity, compliance and process transformation across assigned businesses and entities.

The role is responsible for ensuring accurate financial reporting, robust balance sheet governance, timely closure of books, compliance with accounting standards and internal controls, while partnering with cross-functional stakeholders to strengthen financial processes, drive continuous improvement, and deliver actionable business insights.

Key Responsibilities

1. Financial Closure & Controllership

• Lead monthly, quarterly and annual financial closure activities across assigned entities and business units.
• Ensure completeness, accuracy and timeliness of financial reporting.
• Review and validate provisions, accruals, reclassifications and other critical accounting entries.
• Monitor compliance with closure timelines and corporate reporting requirements.
• Identify and review non-routine transactions, ensure appropriate accounting treatment, and report key exceptions to management.
• Coordinate with Business Finance, GBS, GFRT and other stakeholders to ensure smooth closure execution.

2. Balance Sheet Governance & Hygiene

• Drive periodic review of balance sheet schedules with BU teams and ensure timely actions.
• Monitor ageing and closure of outstanding balances across advances, creditors, provisions, assets and liabilities.
• Identify financial risks, control gaps and drive corrective actions.
• Ensure strong governance over balance sheet substantiation and review processes.

3. Financial Reporting & Analytical Review

• Perform analytical review of Profit & Loss and Balance Sheet movements.
• Ensure meaningful variance analysis and management commentary.
• Support periodic management reviews and reporting requirements.

4. Compliance, Internal Controls & Audit Management

• Ensure compliance with IFRS, Ind AS, SOX, corporate accounting policies and internal control requirements.
• Act as finance SPOC for internal audits, statutory audits, SOX testing and management reviews.

5. Process Excellence & Finance Transformation

Lead finance transformation and automation initiatives:

• Act as Functional Lead for digital solutions related to accrual management and lease accounting.
• Drive process simplification, automation, and continuous improvement initiatives.
• Support special projects and strategic finance assignments.
• Promote data-driven decision-making and operational efficiency.

6. Team Leadership & Capability Building

• Lead and mentor a team of finance professionals.
• Build technical and functional capabilities within the team.
• Ensure effective succession planning and knowledge management.

Qualifications

Required

Qualifications

• Chartered Accountant (CA).
• 8–10 years of progressive experience in Controllership, Financial Reporting, Audit, or Corporate Finance.
• Exposure to consolidated financial reporting and audit committee interactions preferred.

Key Competencies

• Strong technical accounting and controllership expertise.
• Excellent analytical and problem-solving skills.
• Strong communication and presentation skills.
• High attention to detail and commitment to quality.
• Stakeholder management and business partnering capability.
• Positive, proactive, and continuous-improvement mindset.
• Ability to manage multiple priorities in a fast-paced environment.