Plant Commercial Head - FMCG

Plant Commercial Head

Key Deliverables

Business Planning, Analysis and Decision Support:

- Lead the Annual Operating Plan exercise and develop AOP construct along with Management, functional heads.

- Anchor the monthly Operations Review meeting for review of unit performance - plant, sales, logistics etc.

- Drive Productivity Improvement Agenda in the Unit and monitor tracking of initiatives.

- Analyse revenue/ cost lines and working capital for decision support to Management on pricing, trade and Distributor margins and ROI, cost management, GTM, logistics etc. Financial Accounting and Reporting/Fund Management

- Ensure adherence to respective country statutory accounting policies

- Completion of Statutory and Internal Audits as per timeline and ensure compliance with audit recommendations

- Monthly reporting of Unit Financial results to Management with detailed Cause of Change Analysis versus Plan.

- Preparation of Financial Reports/ analysis for Unit Operations Review.

- Ensure adherence to Authority Matrix for all S & D spends

- Ensure proper systems in place for accounting and reconciliation with business partners - distributors accounting, claims management, reconciliations with CFA, transporters, A&M vendors etc.

- Liaoning with the Govt Agency/ Department of the respective county.

Financial Controls and Asset Stewardship:

- Safeguard company assets by maintaining a high level of financial control throughout the Unit.

- Lead efficient management of working capital and cash flow.

- Implement Company risk management initiatives and Best Practices for all aspects of business spends / purchases across manufacturing and sales operations .

- Ensure adherence to Authority Matrix and exercise appropriate signatory authority as per Company financial policies.

- Commercial / Purchase, Working capital optimization

- Ensure proper systems in place for verifying accuracy of marketplace spending.

Supply Chain Management:

- Optimization of inventory carrying cost, enhancing purchase efficiency and ensuring ready availability of raw material through active coordination with Purchase Coordinator.

- As Unit Supply Chain head, ensure leveraging of supply chain systems for smooth operation including best utilization of own fleet.

IT and Financial Transaction Processing:

- Implement Best Practice tools which improve the accuracy, timeliness and cost effectiveness of financial transaction processing and reporting.

- Ensure adherence to IT policies; ensure IT security & Authority matrix as per the system.

Legal and Compliance:

- Responsibility for overall compliance and management of all Commercial and Indirect Taxes matters for the respective country.

- Create awareness among unit members / Sr. Management about relevant changes in local enactments.

- Ensure optimal tax structuring for Unit operations.

People Management:

- Ensuring the growth and development of the people reporting to this position via learning activities and training

- To ensure that the performance management process is carried out for the people

- Providing a healthy environment that encourages empowerment and diversity

- Carrying out people related activities like planning resources required, etc.

Purpose of the role : To provide advanced financial support to a business unit to function efficiently and effectively, providing support in preparation of various financial reports, including royalty reconciliation, accounts payable, vendor reconciliation, sustainability reports, tax accounting, and GST invoicing.

Qualification: CA (Max 3 Attempts)

Experience:

- 15-20 years of overall experience in the finance function (preferably in FMCG set up)

- Atleast 10 year with manufacturing unit (post CA)

- Experience on SAP is must.

- Knowledge on various direct & indirect taxes.

Desired Skills:

- Strong analytical and problem-solving skills.

- Attention to detail and accuracy.

- Effective communication and interpersonal skills.

- Should be open to relocate