Business Finance Manager - FMCG

Job Title: BUSINESS FINANCE MANAGER

Job Category: Finance

Department/Group:

Location: MUMBAI

Travel Required: If needed

Job Description

Position Description: Business Finance Manager

Reporting to - General Manager- Finance

Basic Function: The finance manager should manage funds in such a manner as to maximize return on investment while minimizing risk, and while also ensuring that an adequate control structure is in place over the transfer and investment of funds. Further, the finance manager engages in financial analysis in such areas as forecasting, budgeting, engaging in cost reduction analysis, and reviewing operational performance.

Principal Accountabilities:

Management:

1. Preparation of monthly MIS, Business modeling, business cases and reports/ analytics

2. Maintain a documented system of accounting policies and procedures

3. Manage outsourced functions

4. Oversee the operations of the treasury department, including the design of an organizational structure adequate for achieving the department's goals and objectives

Budgeting:

1. Manage the preparation of the company's budget

2. Report to management on variances from the established budget, and the reasons for those variances

3. Assist management in the formulation of its overall strategic direction

Financial Analysis:

1. Engage in ongoing cost reduction analyses in all areas of the company

2. Review the performance of competitors and report on key issues to management

3. Engage in benchmarking studies to establish areas of potential operational improvement

4. Interpret the company's financial results to management and recommend improvement activities

5. Review company bottlenecks and recommend changes to improve the overall level of company throughput

6. Participate in target costing activities to create products that meeting predetermined price goals

7. Assist in the determination of product pricing in relation to features offered and competitor pricing

8. Compile key business metrics and report on them to management

9. Manage the capital budgeting process, based on constraint analysis and discounted cash flow analysis

10. Create additional analyses and reports as requested by management

Additional Accountabilities:

1. Oversee the extension of credit to customers

Desired Qualifications: The finance manager candidate should have a MBA Finance (Tier 1 or Tier 2 college only)or CA/CFA with 2 years- experience.

Preferably from Retail/ Food & Beverages background.

Excellent communication skills essential, particularly with regards to presenting the results of analyses to management. Should have an outstanding knowledge of electronic spreadsheets.

Working Conditions: Primarily in an office environment. Will be expected to travel as needed to company subsidiaries.