Principal Product Manager Finance - Dr. Reddy's Laboratories : Job Details

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.

Roles & Responsibilities

• Effectively own, build and manage technology solutions as products for the finance function, ensuring that they meet all the business objectives over time.
• Interact with functional SMEs (Subject Matter Experts) and BU (Business Unit) Finance Heads to understand business requirements and define roadmaps for implementation.
• Design, conceptualize and initiate Digital transformation/IT projects to disrupt, transform or simplify business processes.
• Assess impact of changes on the ecosystem and roll out change management interventions during implementation of new projects.
• Seek feedback from business on IT enablement of new initiatives and initiate improvements to systems, applications and policies as required for Project Delivery.
• Drive continuous Business Process Simplification, Improvement and Excellence, and driving and ensuring benefit realization of various implemented projects.
• Proactive resource planning, anticipate and actively managing change, setting and course correcting stakeholder expectations as necessary.
• Identify operational risks and enable your team to drive issues to resolution, while balancing multiple priorities.
• Collaborate with globally dispersed internal stakeholders, external partners and institutions to solve critical business problems, and drive operational efficiencies leveraging digital and latest technological advances.
• Identify possible areas of process and technology improvements for IT processes, ensuring adherence to compliance processes for system validations, and initiating and participating in root-cause analysis for critical incidents.
• Design and superviseinitiatives that ensure that daily activities such as asset usage, system implementation, documentation, etc. are auditable. Follow up with relevant teams to ensure quick closure of NCs (Non-Compliances) raised during internal and external audits.

Educational qualification: CA/MBA (Finance) from a Tier 1 institute; post-graduation in Finance is preferableMinimum work experience: 12 to 15 years of overall experience, including at least 8 to 10 years of experience in Digital Transformation projectsSkills & attributes:Technical Skills• Deep expertise required in SAP S4 and SAP BPC (Both Reporting & Consolidation). Exposure to digital technologies such as SAC, Group Reporting, SAP BW, PowerBI, GCP (Google cloud Platform), and RPA (Robotic Process Automation) is preferred.

• Excellent finance domain knowledge, including, but not limited to O2C (Order to Cash), P2P (Procure to Pay), R2R (Record to Report), FAM (Financial Asset Management), Product Costing, Budgeting, planning and reporting, Consolidation & working capital management.• Exposure to cross functional areas of sales & marketing, supply chain, procurement, and master data management.

• End-to-end program management experience in digital transformation.• Strong understanding of technology and hands-on experience in design and delivery of digital solutions.• Extensive experience in vendor and partner management.Behavioural skills• Business focus mind set and a customer and service orientation, with confidence in advising, developing, and articulating solutions.• Result-oriented approach with a work ethic of delivering on-time and as per scope.• Strong interpersonal, consultative, influencing and management skills• Good communication and interpersonal skills to manage & influence multiple stakeholders, including partners.• Skilled in cross-functional collaboration to collaborate with areas of sales & marketing, supply chain, procurement, and master data management.

About the Department -Digital Process and Excellence (DPEx)Our digital transformation journey is led by the DPEx team and is structured along the lines of Digitalize the Core and Transform with Digital.With a mandate to ensure continuous process improvement and drive patient centric innovation, it spans all functions and operations. In other words, you could be working on projects to expedite research outcomes one day, designing customer engagement platforms the next and simplifying warehouse processes the third.Some its priorities are:• Reimagine Dr. Reddy's as a ‘platform-based' organization.• Create Data as an asset that brings competitive advantage and business impact.• Create Digital solutions that make the lives of our patients and customers easier and better.

Benefits Offered

At Dr. Reddy's we actively help to catalyse your career growth and professional development through personalised learning programs.

The benefits you will enjoy at Dr. Reddy's are on par with the best industry standards. They include, among other things and other essential equipment, joining & relocation support, family support (Maternity & Paternity benefits), learning and development opportunities, medical coverage for yourself and your family, life coverage for yourself.

Our Work Culture

Ask any employee at Dr. Reddy's why they come to work every day and they'll say, because Good Health Can't Wait. This is our credo as well as the guiding principle behind all our actions. We see healthcare solutions not only as scientific formulations, but as a means to help patients lead healthier lives, and we're always attuned to the new and the next to empower people to stay fit. And to do this, we foster a culture of empathy and dynamism. People are at the core of our journey over the last few decades. They have been supported by an enabling environment that buoys individual ability while fostering teamwork and shared success. We believe that when people with diverse skills are bound together by a common purpose and value system, they can make magic.

For more details, please visit our career website at