General Mills - Regional Commercial Manager - Sales Finance - South

Job Summary:

Responsible for accurate accounting in the region, manage trade spends at region and ensure financial controls and statutory compliances with the objective of maintaining healthy financial norms at the Regional Office

Job Location: Bangalore

Job Responsibilities:

FINANCIAL ACCOUNTS (S&D)

- Implement financial policies in the region, review trial balances for the region, approve exceptional expenses, resolve WB claims and ensure accurate, consistent regional accounts and preparation of regional P&L account.

WORKING CAPITAL MANAGEMENT

- Monitor inventory levels at the C&FA and distributors, monitor receivables levels, co-ordinate with supply chain and sales to manage the inventory levels.

- Responsible for the Semiannual credit reviews at the region to ensure the receivables are in control and as per company norms

LOGISTICS MANAGEMENT/ CFA AUDITS

- Ensure Policy for CFA are adhered to and conduct physical verification to ensure that it is implemented.

- Make periodic audits at the CFA, check the accounts and records maintained by the CFA, highlight deviations and ensure CFA to follow company norms

BUDGET CONTROL

- Prepare the budget for CFA, secondary freight and S&D, monitor expenses against budget and initiate action

- Assist the RSM in preparation of DSM, Van, and Travel expenses for the region and monthly review with the Region Sales team

- Responsible for monthly S&OP plans at the region and data sanctity in the planning tool related to Region plans

- Assist the RSM on managing the Net Realisation at the region as per yearly plans

BUSINESS PARTNERSHIP/CUSTOMER SERVICE

- Provide support to Regional Sales Head on GTM - Geography Expansion/ Distributor consolidation plans

- To lead the DMS (Distributor Management Software) implementation at the Region

- To lead the market damage audits/ Analysis at the region, to finalize 3rd Party auditor and provide schedule for market returns / damages audit at distributor location and provide analysis to Regional Sales team

- To identify avenues for trade spends reduction at the region and support the Regional sales / Trade Marketing manager in managing the trade spends at the region

STATUTORY COMPLIANCE

- Responsible for statutory compliance at the region, SPOC for GST compliance at the region and support / guidance to the Business team on the taxation requirements at the region.

- Responsible for initiating a legal action at the region, Closure of Appeals and Assessments at the region.

Experience: 5-7 years of experience with a minimum of 2 years in Sales Finance in a FMCG setup