Sr. Director/Group Controller, BD & M&A - Princeton New Jersey

Company: Disability Solutions
Location: Princeton, New Jersey
Posted On: 04/23/2024

At Dr. Reddy's "Good Health Can't Wait" By joining Dr. Reddy's, you will contribute to making the breakthroughs of tomorrow a reality today! From making medicines more affordable to discovering innovative treatment options to satisfy unmet medical needs, we are dedicated to helping people lead longer and healthier lives. We are seeking dynamic and energetic individuals ready to inspire, ready to make a difference for their community and every community. Diversity, Equity & InclusionAt Dr. Reddy's, we are deeply committed to building a diverse, equitable and inclusive workplace where everyone belongs and is valued for their contributions to the team. We are most interested in finding the best candidate for the role and are open to exploring candidates with a less traditional background. Purpose: We are seeking an exceptional Sr. Director/Group Controller, BD & M&A to create risk-based governance frameworks to handle complex and unique business activities and issues; Lead benchmarking or process improvement initiatives to improve controls and engage in financial analysis. This role will report to the Head of Finance for North America with a hybrid work schedule. Responsibilities: --- Oversee accounting standards selected and implemented by the organization. --- Identify potential issues associated with proposed accounting and reporting rules. --- Design receivables and payables processes and relevant strategies according to best practices. --- Produce guidelines and policy for accounting operations; formulate risk mitigation strategies for bad debts. --- Strategically lead implementation of the design and function of the organization's chart of accounts according to best practice. --- Implement efficient process changes consistent with best practices; create a corporate culture of compliance and shared accountability. --- Interpret material, labor, variable/fixed overhead and associated variances. --- Apply various costing methods such as standard, marginal and absorption methods and explain corresponding advantages and disadvantages. --- Participate in waste elimination efforts with the business to understand key drivers and cost-reduction opportunities. --- Manage cost challenge processes and work closely with the business to ensure key performance indicators are measuring the right metrics. --- Provide critical inputs to the business planning and expenditure forecasting processes; innovate to enhance the business impact of target setting, planning and budgeting. --- Set and define the framework for BU goals and objectives; lead organization-wide strategy, planning, design and implementation work. --- Interpret and make effective management decisions using benchmarking, trends and other planning and forecasting methods; develop and implement improvements to the planning processes. --- Evaluate and appraise large and complex investments, capital expenditures and financing projects. --- Review outputs of financial and cash flow analyses to develop views and guide management; resolve significant reporting variances or recommend corrective actions where needed. --- Approve and present financial statements and analysis to executive management and provide recommendations for improvements. --- Assess cutting-edge developments in quantitative analysis and incorporate relevant developments into the organization's methodologies. --- Lead all BD/MA and Divestiture activities from a Finance perspective. This includes In and Out licensing activities. Prep summary recommendations to Head of Finance and Global CFO. --- Develop a taxonomy of intangible value and their drivers to underpin valuation of intangible assets. --- Risk identification and assessment --- Diagnose significant, unusual and emerging risks to which the business is exposed. --- Provide advice on business continuity management mechanisms; define appropriate risk responses for reasonably foreseeable. --- Create risk-based governance frameworks to handle complex and unusual business activities and issues. --- Lead benchmarking or process improvement initiatives to improve controls. --- Connect the building blocks of business models to create a complete organizational business model. --- Develop different perspectives of the business model (e.g. risk, innovation, investment, etc. --- Set up business processes to deliver successful outcomes, assess their effectiveness and review performance measures relating to each. --- Identify opportunities for synergy and integration of processes and influence others to identify more efficient sustainable processes --- Set demanding and realistic targets for process improvement and ensure changes to existing processes are carried out in a systematic and logical way. --- Drive opportunities to integrate, standardize and simplify systems and processes. --- Benchmark internal performance against external indicators and apply best practice to the business. --- Identify projects that drive value creation and align them to organizational strategies. --- Champion projects that have broad implications across the organization by aligning and influencing all key stakeholders. --- Lead cross-functional business initiatives and encourage team to cultivate relationships across the business. --- Leverage a broader network across the business and externally. --- Critically evaluate credibility and reliability of sources of data, information and digital content. --- Use digital tools to create knowledge and to innovate processes and products. --- Demonstrate an understanding of and ability to perform statistical hypothesis testing. --- Plan, design, develop and implement analytics for BU tasks. --- Define best visualization approach and solutions for specific business issues. --- Use multiple techniques to create interactive dashboards. Qualifications / Skills: --- 10 -15 years of working experience in working in varied Finance Roles. --- At least 3-4 years of exposure in GFRT. --- Exposure to budgeting, forecasting, accounting standards and compliance regulations. --- Exposure to Pharma industry. --- Bachelor's/Master's degree in Accounting, CPA preferred. --- Experience in Handling varied stakeholder and third party vendors. Must be a U.S. citizen or lawful permanent resident of U.S. or otherwise authorized to work in the U.S. without requiring sponsorship now or in the future. COVID-19 Vaccination Getting vaccinated remains the most effective way to halt the spread of the COVID-19 pandemic, and Dr. Reddy's encourages all employees to be vaccinated. At this time, vaccinations are not mandated for Princeton-based employees but may become required in the future. Equal Opportunity Employer: An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability. More...

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