February 6, 2017

Recruitment of Manager - Plant Finance in Dr. Reddy's Laboratories

Recruitment of Manager - Plant Finance in Dr. Reddy's Laboratories

Job Description:

- Serve as single point of contact for all the finance related requirements of the plant.
- Ensure completeness of accounting entries and smooth closing of periodic accounts.
- Compilation of inventory valuation, NRV and SLM provisioning, RMC spreads, calculation of usage and price variances.
- Alerts on inventory to the teams concerned and bring them accountable, which include blocked stocks, Trial and validation stocks and inventory ageing alerts for slow/non-moving.
- Project RM cost and overhead cost as and when necessary for better pricing negotiations with suppliers / customers and for improving the manufacturing efficiency.
- Ascertain the changes in the manufacturing process and cost improvement process and also the impact on the cost of the product.
- Ascertain the KSM price and the impact on the product cost for the plant.
- Analyse the actual solvent recovery regularly, identify the gaps between the actual and target and suggest for possible improvements.
- Keep track of the CIP / PACE improvements happening at the plant and provide highlights for key review meetings.
- Meet the audit requirements like Statutory, Sox, Cost Audit, Stock Audit and internal audits and also the local compliance related requirements for the plant.
- Overview of pre-audit of bills to ensure proper accounting and payment process and control deviations
- Preparation of analytical reviews for Statutory audits/cost audit schedules etc related to plant
- Ensure set process notes/SOPs being followed and identify control gaps, Track DoA Violations, Develop and review process notes in coordination with central finance team
- Overheads: Calculation of overheads on a quarterly basis and monthly review of over and under absorption
- Preparation of plant MIS and circulation of the same to plant SLT and review.
- Evaluation of capex requirements under SEPs relating to plant.

Contact Information:

Recruiter Name: Venkat Vishwanath
Contact Company: Dr Reddys Laboratories Ltd
Website: http://www.drreddys.com