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26/04 Amrita Chowdhury
Head-Corporate HR at Sapphire Foods

Views:33599 Applications:440 Rec. Actions:Recruiter Actions:26

Sapphire Foods - Business Finance Manager (3-5 yrs)

Mumbai Job Code: 444895

Sapphire Foods India Pvt. Ltd. has entered the Quick Service Restaurant (QSR) and Casual Dining business by acquiring the franchise of over 250 outlets of KFC and Pizza Hut across India and Sri Lanka. We are backed by leading Private Equity firms.

Customer satisfaction, product and service excellence are our main priority. Our overall approach is to grow profitably through continuous employee engagement and excellence in execution. Being in a highly people centric industry, we believe in maximising employee potential and aim to achieve best in class standards in customer satisfaction. Sapphire Foods is a significant employer in India with over 7,000 employees. It is managed by industry veterans some of whom have been in the business for over 15 years.

At every management level, tremendous focus is given on enhancing the potential of the employee by coaching, training and mentoring. We have also brought together veterans from other retail and related industries to ensure that best practices from various sources are implemented in our system

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.( Primary focus on Analytics)

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.

Supervises: Finance team in KFC & PH as per (Business unit) allocated.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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