Manager - Category Finance

Designation
Manager – Category Finance

Function Business Finance | Location Mumbai | Reporting To General Manager Category Finance

Job Description

What are the Key Deliverables in this role? Financial Outcome • Overall responsibility for Innovation P&Ls • Overall responsibility & controller for Marketing spends • P&L Management for consolidated capital foods performance (including ownership and review of TCPL and CFPL trial) • Preparation of Monthly Overall Capital Foods system P&L (Category X Channel) • Assisting / review of the final BPC submissions for the consolidated Capital Foods P&L including reviewing inter company transactions • Assisting/ Working with the team for MTP and Annual Operating Plan exercises • Annual planning for ATL spends. Work closely with Category & Media team for rolling up the plans. • Responsible for tracking and reporting of ATL Spends at Category & activity Level -Actuals vs budget • Monthly provisioning of spends and review of activities for actualization and to estimate (LE) spends for the rest of the yr. • Responsible for setting up the processes for accounting & control of spends • Responsible for all ATL vendor management, timely payments and reconciliations. • Drive process improvements and harmonization across business • Follow up with Category team for timely creation of IO; maintenance of portal and timely updates to accommodate category requirements. Customer Service • Managing Innovation project partners across functions (Innovation, Marketing, Packaging development etc.) • Work closely with the Departmental Heads providing Finance perspectives enabling effective decision making • Track innovation development and advertisement spends and ensure visibility at a project level. • Reporting on responsibility on promotion and trade spends • Reporting on monthly performance of Innovation for discussion with innovation team / category head • Reporting on performance of launched innovation products to executive committee with 360 degree insights on finance performance distribution metrics and marketing support etc. • Participate in contract execution and negotiation with vendors; Ensure adherence with the SOA on all ATL procurements – Goods & Services • Ensure all KPIs, savings are tracked and reported w.r.t Media contracts and monthly reconciliation of plan vs execution of estimates. • Deliver all reporting requirements in terms of ATL spends and develop a framework for ATL spend evaluation Internal Processes • Overall responsibility for managing Innovation projects for both domestic and exports • Driving profitability and taking initiatives for margin accretive projects • Managing and developing innovation framework guidelines for all innovation projects including renovation. • Drive continuous improvements in process and procedures and partner in all automation/other projects to improve ways of working. • Drive any cross functions projects.
What are the Critical success factors for the Role ? • Chartered Accountant (first or second attempt) or MBA Finance from premier institute • Minimum 2-3 years of post-qualification business partnering experience. • Strong analytical ability and interpersonal skills What are the Desirable success factors for the Role ? • FMCG environment or related industry experience. • Ability to interpret financial data, identify trends, and make data-driven decisions to optimize the category's financial performance.