Associate Director - Supply Chain Finance - FMCG - CA

Hiring for a FMCG Client

Budgeting, Month End closing & Reporting:

- Drive COGS budget deliveries and provide regular updates to business on key drivers.

- Leading the monthly closing and reporting process for COGS (Actuals, Variance, future outlook etc.) for Local and area management and ensuring timely generation and submission of required reports

- Work with stakeholders for proactive identification of business risk & opportunities and develop mitigation plan for risks.

Driving Supply Chain Performance through:

- COGS monthly dashboards and regular reviews both at plants and HO

- Continuous review of variances with Plan, recommending corrective action where appropriate and follow through to ensure the variances are minimized.

Driving Supply Chain Cost improvement program

- Drive the cost savings pipeline generation process in SC by providing insights on various opportunity areas through business understanding and continuous benchmarking.

- Partner with teams in working on cost improvement projects and help them to develop the business case for agreed initiatives

- Supporting Supply Chain in decision making process and its review:

Capital Projects

- Help SC in developing CAPEX proposals by providing business inputs (DCF template or otherwise)

- Regular monitoring through CAPEX trackers and drive committed delivery.

Providing business inputs for assessment and appraisal of:

- Sourcing decision, any commercial opportunities related to negotiations, tax structuring, etc.

- Drive cash flow through optimizing inventories and better sourcing terms

- Network change or restructuring

New Product / New Variant/ New SKU introduction

- Leading the COGS and GM calculation for any changes including new product introductions.

- Member of the innovation meetings

Drive Co-manufacturing Profitability

- Work with team to drive relevant localization opportunities of sourcing

- Work on Scenario Building In-house Vs Co-man on all new business initiatives aiming at lowest delivered cost with minimum capital commitment

- Partner with leadership team on negotiations with co-man both on rates and engagement terms