Assistant Manager - Commercial Finance/Sales Accounting - FMCG/Beverages - CA/ICWA

Assistant Manager-Commercial Finance / Sales Accounting / CA or ICWA Qualified / FMCG / Beverages

Job Description:

- The position is responsible for handling sales accounting and reporting while ensuring adherence to sales accounting policies (internal and external), Statutory/Tax requirements, month-end closing process, and coordination with SSC (Shared Service) for Distributor Claims Processing for Modern Trade Customers and Distributors.

- The position plays an important role in facilitating business operations through close Co-ordination with sales team and Customers/Distributors including Institutional Customers.

Claim Management:

- Review on-shelf promotion / off invoice TOTs claims received from Modern Trade, cash & carry, E.Com and Q.Com channel for accuracy and reconcile against offtake data received from accounts and necessary approvals.

- Ensure timely & accurate processing/settlement of customers / distributors claim for on shelf promotions / off invoice TOTs.

- Co-ordinate with KAMs/KAEs and finance counter parts of customers to address issues/concerns on claims/incorrect deductions and get them resolved.

- Monthly reconciliation of all MT/E.Com/Q.Com distributors and obtaining NDC.

- Quarterly reconciliation with all direct customers (for both claims and AR), issues resolution with account and getting the NDC signed off with Accounts.

- Ensure smooth Customers / Distributors onboarding & exist process as per SOP.

- Identify and implement best industry practices in Claim management.

- Ensure variable incentive to customer paid/settled as per TOT/JBP.

- Exceptions, if any to be highlighted.

- CSD Invoice re-certification in close co-ordination with KAM & supply chain.

- Review agency commission claims for CSD/CPC business.

Month End Closing:

- Month end provision for on shelf promotions executed during the month in co-ordination with customer marketing & KAMs.

- Actualization of on shelf promotion spends vs provision on monthly basis.

- Work out Trade Spends at category/segment level for each account to enable category wise/Account wise P/L.

MIS/Reporting:

- Activity Wise/Account Wise/Category wise Trade Spends report on monthly basis.

- Variance report of Trade Spend (actual spends vs FP vs LY vs TSP).

- Monthly AR deviation report to KAMs & HOMT to ensure settlement of overdue.

- AR ageing analysis for on quarterly basis channel wise & highlight risk, if any.

- Overdue report to CSD/CPC as per defined format & reminders for payout.

- Sales return analysis with reason code on a quarterly basis.

Others:

- Review Primary & Secondary sales of Distributors and reconcile the same with customers PO and GRN.

- Support audit requirements (Internal & Statutory) related to Claims from Modern Trade & Institutional Channels and relevant liabilities.

- Upload SKU wise trade spends in SYNERGY tool on monthly basis Manage multiple internal and external stakeholders to deliver on Objectives:

- Sales Team - HOMT, KAMs, MT Operations Head, MT ASM.

- Customer Marketing.

- Shared Service Center (SSC).

- Other Functions as per need - Supply Chain, Financial Accounting etc.

- MT Distributors and Finance counterparts of MT Customers.

- Qualified CA/CMA/MBA with 2-3 years' experience preferably in FMCG Industry.

- Experience of handling/managing Distributor/MT Customers claim processing / deduction settlement.