Region Finance Manager

JOB SUMMARY

This position handles commercial finance for a region & responsible for:

• Maintaining highest standards of financial management & governance
• Ensuring controls & compliances
• Ensuring Integrity and propriety of spends/ Investments
• Reporting & insights to Region Team & ZFM

KEY RESPONSIBILITIES

FINANCIAL & BUSINESS PERFORMANCE

Business / Financial KPIs

• Scenario building: Preparing Budget/RF/P&L scenarios basis inputs from regional team
• Highlight R&O, Align & track recovery plans
• Tracking Pricing initiatives at the regional level
• Analyze monthly P&L, evaluate impact of volume/ brand/ segment mix/ Market share & review insights
• Financial Evaluation of Business case scenarios for additional investments

Trade Investments

• Ensure budget adherence & compliance with Regulatory & TP policy
• Analyze historical data and evaluate Scheme effectiveness
• Identify opportunities of deployment in right product/ areas/ customers
• Align and track corrective actions to ensure optimized investments

BUSINESS PARTNERING

• Excise Policy decoding & simulations for the region
• Review/ finalize cost cards and driving internal/ Excise approvals
• Engage and Partner with Region Head, ZFM/ HO team to drive P&L, cash flow delivery and cost optimization
• Responsible for Rolling Forecast submission
• Driving Credit optimization (RF Based limits, Reviews, collection, reconciliation etc.)
• Ensuring collection of statutory forms

INTERNAL CONTROL, POLICIES & COMPLIANCES

• Compliance of DOA/ AR Management Policies (Customer Evaluation & Selection, Know your Customer, Credit Management Policy etc.)
• Ensure books accuracy, timely closing/ reporting and asset protection
• Adherence to Internal control framework/ control self-assessment, facilitate Internal & Statutory Audits & drive timely closure of audit points
• Support to Tax & Legal Teams on litigation and tax matters.

PEOPLE & SELF DEVELOPMENT

• Hire Right Talent & develop team with on-job training / formal courses
• Team visibility and opportunities to grow

INTERACTIONS

INTERNALLY (mention role):

Commercial Team, Operations Team, Pricing, RGM, COE, Audit, E&C, Legal

EXTERNALLY (mention role):

Customers/Distributors/Bonders/Wholesaler, Vendors, Auditors, Tax advisors & other Consultants, Government Authorities

KEY PERFORMANCE INDEX

• Accuracy in books and reports
• Region Performance against KPIs
• Internal control and statutory compliances at zone
• Team’s understanding on KPIs, compliances and controls

PROFILE DETAILS

QUALIFICATION:

A CA/MBA from premier institute with strong communication & presentation skills having a minimum of 6-10 years of experience with at least 4-6 years in FMCG.

Essential/Must-have:

• Minimum 6-10 years of work experience
• Prior experience in Commercial Finance for at least 4-6 years with multinational FMCG.
• Analytical skills
• Experience of working with cross functional teams
• Impactful communication and management presence.

Desirable/Good to have: Prior Experience in Alcobev Industry

FUNCTIONAL COMPETENCIES:

Essential/Must-have:

• Understanding of accounting standards and tax rules
• Reporting & analysis
• Financial accounting & consolidation
• Business acumen & partnering
• Risk management & Internal control
• Processes & Information Systems

Desirable/Good to have: Tax Management

LEADERSHIP COMPETENCIES:

Essential/Must-have:

• Bold & Agile
• Growth Mindset
• Consumer Centric
• Open & Authentic
• Deliver through collaboration

Desirable to Have: Grow Diverse Teams