Ajay Kumar K.

About Ajay Kumar K.

I am Ajay Kumar Kolluru, a results-driven finance professional with 6+ years of experience spanning pharmaceuticals, IT, and real estate.My expertise lies in financial management, reporting, strategic planning, and governance, with a proven track record of driving cost optimization and operational efficiency.At Dr. Reddy’s Laboratories, I have managed end-to-end financial operations across Corporate and Digital Process Excellence (DPEx) functions.My role involves: Budgeting & Forecasting Variance Analysis Supporting strategic decision-making and ensuring financial discipline. Compliance with Global Accounting StandardsI have also contributed to finance transformation initiatives focused on process automation and enhanced reporting.Previous Experience:• Ramky Estates & Farms (Real Estate): Led financial operations for multiple RERA-registered projects, prepared IND AS & IFRS-compliant financial statements including consolidated financials, and managed statutory audits.• Brane Enterprises (IT Solutions): Delivered financial process blueprints and supported product development for financial reporting solutions.• Umamaheswara Rao & Co (Audit): Conducted statutory and internal audits, implemented ERP systems, and strengthened compliance frameworks.Key Highlights• Directed preparation and audits of financial statements for multiple subsidiaries, ensuring compliance with IND AS, IFRS, and US GAAP, including SEC filings (Form 20-F, 6-K).• Managed financial operations for large-scale IT expense portfolios and corporate budgets, reinforcing governance and cost control.• Skilled in SAP S4, BPC, ERP systems, Power BI, and Advanced Excel, with strong analytical and stakeholder management capabilities.Passionate about leveraging technology and data-driven insights to strengthen financial governance and enable organizational growth.

Experience

1. Financial Controller

   Dr. Reddy's Laboratories

   Jan 2023 — Present · Hyderabad, IN

   Lead the monthly financial closure of books of accounts, ensuring accuracy and complianceManaged quarterly and annual corporate timelines for analytical review of P&L, balance sheets, and notes to accounts, meeting all deadlinesPrepared monthly MIS and Latest Estimate, identifying 100 Crs in cost-saving opportunities.Approved domestic/international payments, ensuring DOA compliance for 500+ Crs in annual expensesAdvance tax/provision for tax computations for Corporate BUManaged lease accounting for company assets and Corporate Social Responsibility (CSR) including budget oversight and reportingRepresented and presented the Corporate Business Unit in various forums, enhancing corporate visibility and stakeholder engagement.Oversaw monthly activities and financial statement audits for 7 Indian subsidiaries and 3 trusts.

Education

• Acharya Nagarjuna University

  Master's degree, Business/Commerce, General

• Institute of Chartered Accountants of India

  Chartered Accountant, Auditing