Finance Controller in Dr. Reddy (Mexico)

Experience: 8 to 12 yrs.

Objective of Role: To Plan , Manage & Control Financial operations with the objective of meeting Business and Functional Goal - ensuring proper utilization & maximum return from funds within corporate & statutory guidelines for the Mexico business

Within: the purview of the business strategy & limits of the country & the organization

With the objective of : Ensure financial management & reporting for the Mexico operations

Education & experience: University degree in Commerce and Accounting and a Professional degree in Accounting & Tax (Chartered Accountant)

8-10 years of experience in various roles in Finance and Accounting in Pharmaceutical and Other Industries

Key Responsibilities:

Finance Team Function:

(i) Guide the team and review Daily Accounting of routine transactions

(ii) Liason with Corp treasury & take decisions on deployment of Funds , Liquidity planning

(iii) Review the analysis of Monthly / Quarterly Business Performance Reporting of the local entities and intimate timely to the senior team about the same.

(iv) Guide and Review the team on Completion of Yearly Accounts Closing and UK GAAP Accounts; Liason with local auditors and get it published

(v) Review the tax structure in view of the current laws and laison with the consultants and the corporate tax teams to optimize tax benefit locally keeping in mind the implications of the same on the overall entity; Also play key role in re-structuring the transactions and other related structures as per the change in tax laws whenever necessary to optimize tax benefits

(v)Ensure Transfer pricing regulations are met in UK and co-ordinate with the Indian counterparts on the same.

IN ORDER TO support business operations in UK & the consolidation of group accounts in India

Audit & Compliance

(i) Compliance with Sarbanes Oxley - Review & Updation of process documentation and RCM ( risk control matrix) - this get attested by internal audit teams

(ii) Ensure the compliancee with the internal Delegation of Authority document and applicable external laws specific for Finance function, viz., UK laws, Tax Laws, including Corporate Tax, Trade Tax, VAT and Customs laws in order to implementation of DOA

(iii) Review of IFRS and Mexico GAAP Statutory Audits & finiancials and ensure succeful completion of respective audits by guiding team in compiling financials and interacting with auditors for queries

(iv) Co-ordinate the overall Compliance activities between Corporate and Local Compliance team

IN ORDER TO ensure the sustainability of the UK business by complying with the local laws & statutory framework

MIS & Analytics reporting

Working out MIS/analytics framework, ensuring timely submission of corporate templates and publication of reports IN ORDER TO provide timely information for ensuring decisions / consolidations

Operational plan, BD Deals

Working out operational plans in line with corporate guidance and aspiration, ensuring timely submission of financials and related documents IN ORDER to enable management to set the direction / guidance. Evaluating term sheet, agreement , Financials for the prospective BD deals IN ORDER to ensure risk minimization and profitable business deal.

Systems, Processes and controls

Identifying the key business processes and putting related systems and controls in place IN ORDER to ensure process based controls, minimize risk of revenue leakages and prepare the system /processes for future growth

Internal Audit

Coordinating the internal audit process, facilitating productive dialogue IN ORDER to filter out process gaps , risks in the business practices and to mitigate the same

 

Contact Details

Recruiter Name:

Venkat Vishwanath

Contact Company:

Dr Reddys Laboratories Ltd

Email Address:

dchopra@drreddys.com