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.

Finance Excellence Team Lead – Controlling

Location: Hyderabad (Bachupally Campus)

Role Title: Team Lead – Controlling, Finance Excellence Team (FET)

Qualification: Chartered Accountant (CA)

Experience: 8–10 Years

About the Role

We are seeking a highly motivated and detail-oriented Finance Excellence Team Lead – Controlling to drive financial governance, compliance, reporting excellence, and business partnering across multiple entities within the Group. The role requires strong technical accounting expertise, stakeholder management capabilities, and the ability to lead finance transformation and digitalization initiatives while ensuring robust controls and compliance.

Key Responsibilities

1. Financial Close & Controllership

Lead and oversee month-end close activities, ensuring accuracy, completeness, and timely reporting, including:

• Review of operating expense provisions.
• Lease accounting compliance under IFRS 16.
• Review of intercompany cross-charges and reconciliations.
• Analysis of P&L trends and major variances.
• Review of fixed asset capitalization and additions.

2. Business Partnering & Advisory

Serve as a trusted finance partner to business stakeholders by:

• Evaluating and advising on accounting treatment for non-routine and complex transactions.
• Ensuring transfer pricing compliance for intercompany transactions.
• Reviewing and approving foreign currency payments and related accounting implications.
• Providing commercial and financial insights to support business decisions.

3. Financial Reporting

Drive high-quality financial reporting and governance by:

• Leading the preparation of consolidated financial statements under IFRS for US Group entities.
• Reviewing quarterly analytical reviews of Balance Sheet, Profit & Loss, and Notes to Accounts.
• Presenting subsidiary financial performance and balance sheet position to Audit Committees and senior leadership.
• Ensuring balance sheet integrity through regular reviews and governance mechanisms including Controllers’ Forum presentations as well.

4. Corporate Entities Management

Act as the finance custodian for Corporate subsidiaries and trusts, with responsibility for:

• End-to-end maintenance of books of accounts.
• Management of statutory, tax, secretarial, and corporate governance compliances.
• Ensuring timely statutory and operational payments.
• Coordinating and driving timely completion of statutory audits.
• Presenting entity performance and financial outcomes to CXO leadership.

5. Controls, Governance & Compliance

Strengthen the internal control environment by:

• Ensuring compliance with IFRS, Ind AS, and related accounting standards.
• Driving readiness and compliance for Internal Audit and SOX requirements.
• Monitoring adherence to SOPs, Delegation of Authority (DOA), and finance policies.

6. Digital & Process Excellence

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.

Required Qualifications & Experience

• Chartered Accountant (CA).
• 8–10 years of progressive experience in Controllership, Financial Reporting, Audit, or Corporate Finance.
• Strong working knowledge of IFRS and Ind AS.
• 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.