Role Profile : Finance Transformation  Role name : Innovation/Luxury BP/CF  Function name : Finance Business   Unit : Innovation/Renovation (Marketing)   Location : Bengaluru  Sub-function : Commercial Finance/FBP   Grade/Level : L5   Nature : Permanent  Reporting to : Demand Finance BP  No. of reportees : IC   Purpose :   To be the strategic finance business partner to the Innovation and Luxury Business team by :  - Aligning the Innovation financial resource allocation with the category/brand business plans,  - Analyzing and establishing appropriate levels of Innovation investments in the near-term and long-term based on business strategies, competitive analysis, brand portfolio gaps and upcoming category development initiatives  - Managing the end to end P&L for the Luxury business,  Context :   - To provide first line Finance analysis and decision support services to the Innovation/Renovation Head by studying the financial impact various innovation and new product development initiatives will have on revenue and profitability and proactively educating the Innovation leadership team on financial principles and stewardship.  Responsibilities :  - Support the Innovation function Head, under the guidance of the Demand Finance BP, in developing and driving the strategic priorities for the team in alignment with org-wide business plans  - Lead and own financial analysis of key Innovation projects or initiatives as warranted by either sensitivity or complexity  - Manage the total A&P spend ensuring alignment on key programs/activities and ensuring that financial analysis is available for M&E purposes  - Drive Gate achievement by identifying key drivers of commercialisation success.  - Develop and leverage tools to help early identification of projects having the most potential in order to make the best choices with the available resources.  - Deliver the current year Innovation spending within budget. Track and enable corrective measures to be taken to meet the budget if off-track. Establish accountability throughout the Innovation organisation.  - Create a collaborative and learning environment between Innovation and Finance - educating Innovation team on financial principles and stewardship and educating Finance on types of R&D spending, spending trends, and product development and invention process. Work to build a convivial environment of trust between the two functions.  - Responsible for preparation of monthly and quarterly financial close and associated reporting/commentary including coordination within the team, Controller's area and other areas of Finance  - Implement and follow organisational standards, controls, compliance and policies as defined; report exceptions or questionable practices to direct manager or functional leadership  - Drive efficient and consistent systems and processes and leverage best practices  - Support the Luxury business Manager in delivering the P&L by actively tracking the performance Vs Budget  - Work with the Luxury business manager in mitigating the risk and create opportunities.  Outcomes :  - Accelerated time-to-market the innovations and renovations  - Control of innovation write-offs  - Enhanced Innovation ROI, increased focus and financial-commercial decision making  - Annual and multi-year brand and innovation planning  - Timely provision of period-end reports with insightful analysis  - Enhanced delivery of finance services to the Innovation function  - Delivery of the targets of Luxury P&L  Selection Criteria :  Experience (Years & specialty) :  - Chartered Accountant 3 - 5 years of Commercial Finance/Business Partner experience, preferably with 3 - 5 years of specialized experience in Branding and Innovation Finance, Financial Planning & Analysis  Strong in MS Office  Educational qualification : CA  Behaviours / Competencies for example :  - Strong Analytical and Financial Modelling skills  - Ability to communicate with and explain financial concepts to non-finance stakeholders  - Ability to be a team player, troubleshooter and a consensus-builder  - Possess a flair for numbers, an ability to think big-picture and long term  - Excellent presentation skills (oral & written) and Executive presence  - Demonstrated ability to be proactive and self-driven with the capacity to work in a dynamic work environment  Operating context of the role: Entities with which the role interacts on a regular basis  Team :  - Innovation/Renovation  - Function Leadership team  - Commercial & Regional  - Finance Head  - Demand Finance BP  - Commercial, PPP & Luxury  - Marketing BPs  Internal Stakeholders :  - Marketing Leadership Teams (PPP, Luxury, Subsidiaries and Insights & Planning teams)  - HO Finance team  - Manufacturing  - Sourcing  - Commercial  - Compliance & Ethics  Role requirement : Candidates with appx. 3 years of experience, from top FMCG MNCs - CA or MBA from Top institute  Salary : 18 LPA max

Bangalore

Innovation/Luxury/Commercial Finance Business Partner - FMCG - CA/IIM/ISB/FMS/MDI 

Innovation/Luxury/Commercial Finance Business Partner - FMCG - CA/IIM/ISB/FMS/MDI  ,Job Description for Innovation/Luxury/Commercial Finance Business Partner - FMCG - CA/IIM/ISB/FMS/MDI  in Diageo in  Bangalore for (3-5) years of experience. Apply Now!

Job Description for Innovation/Luxury/Commercial Finance Business Partner - FMCG - CA/IIM/ISB/FMS/MDI  in Diageo in  Bangalore for (3-5) years of experience. Apply Now!