Kellogg Commercial Manager - Finance in GREATER MUMBAI, Indiana
Join us as Finance Business Partner cum HO lead to the HO Sales Team and to HO Sales Finance Team, with overall responsibilities of Controls, compliance & reporting, while leading some of the key initiatives in the sales finance vertical.
In the role of Commercial Finance Manager you will be responsible for:
Ensuring P&L health i.e. selling related costs (within Budget as well as on-going productivity / regional effectiveness) through close interaction with HO-Sales and Sales Finance Team & Regional Sales Team (FGA, Unsaleable, CFA Cost, Sales Overheads).
Ensuring Balance sheet health i.e. Debtors, Stocks, Banking, CFA / Region processes.
Providing Business support to Sales Finance Head and Sales Director through high level MIS & Analytics to drive effectiveness of decision & drive cost & Sales KPI reviews.
Ensuring process compliance & controls in P2P & OTC processes (SOX & internal control) including monthly Reporting & Closing, Distributor Credit Administration & MT/CSD Recon.
Providing Customer support to External customers (Distributors, CFA, MT ) & internal customers (Sales team) through coordinating actions/support, on claims process improvement, claims payment etc.
To review monthly costs & compare the same with Budget & last year/Month, highlight variances & ensure no overruns.
Support Sales Finance Head and Sales Director in decision making, spends effectiveness, revenue enhancement etc. through high level MIS / analytics on an on going basis.
Assist the Sales Finance Head to evaluate ROI of monthly schemes, project monthly/quarterly/yearly volumes, cost variance analysis etc.
Partnering & analysis:
Prepare & facilitate monthly dashboard on Region / central performance KPI’s, Sales, Allowances, Overheads with Sales Finance Head and Sales Team.
Assist in the approval process of new customer/vendor appointment, by analyzing financial track record, business experience & documents to evidence statutory compliance.
Evaluate & sign off Distributor ROI paid (if any).
Keep track of C – Forms collection, follow-up on pending Forms, initiate suspension of default parties to ensure NIL differential tax liability
Process, Controls & Compliance:
Leverage Distributor Management system to ensure accurate capture of Trade spend, ensuring Budgetary controls & accurate provisioning.
Support Regional/Central Supply Chain Team in monitoring CFA costs, ensuring Commercial SOP compliance thru CFA visits, 3P audits etc. through commercial, physical, statutory & SOX audits at Region, CFA and distributor.
To approve all payments for Trade Allowance, Unsaleables, Overheads & ensure accurate accounting.
Carry out a review of Distributor claim process and train Sales Team for timely and error free Claim submission. Also ensuring minimal incidence of pending claims.
Conduct monthly petty cash audits at RSO.
Approve cheque operations facility, credit limit – (permanent & temporary enhancements) to new/cheque bounced customers.
Assist the HO – Sales Finance in closure of MT – Reconciliations, Debtors Ageing review, resolving queries on Bank reco, follow up with Debtors etc.
Indirect Tax – Co-ordinate with CFA/Sales team on Assessment pending points, attend hearings, liase with department on any dispute & resolution.
Education & Experience:
Qualified Accountant/MBA Finance – 2-4 year’s work experience, strong analytical & collaboration skills, process oriented, good communication and multi-tasking skills to ensure adherence to period-end timelines, enforce stringent Management Policies and effective Business Partnering.
Working knowledge of Indian Direct and Indirect Tax Structure.
Once a month travel at CFA Locations, Distributor & Retail points
The Kellogg Company is an Equal Opportunity Employer who strives to provide an inclusive work environment that involves everyone and embraces the diverse talent of its people.
Title: Commercial Manager - Finance
Location: IN-MH-Greater Mumbai
Requisition ID: FIN002358
Job Function: Finance & Accounting
Job Type: Professional
Closing Date: Sep 23, 2017, 11:59:00 PM
Relocation Assistance: Yes