Head - Financial Analysis & Reporting - FMCG

COMPANY: A leading multinational FMCG

PRIMARY RESPONSIBILITY:

1. Ownership of financial plans forecasts and budgets to support the Management in achieving financial objectives for the year and long term.

2. Business Partnering for financial evaluation of options/ if then situations such as brand/ sku / promotion launch and follow up tracking.

3. Compilation of monthly / financial performance evaluation report for submission to Asia.

REPORTS TO:

Director Finance

PRINCIPAL DUTIES AND RESPONSIBILITIES:

FORECASTING:

1. Long Term Planning

- 3 Year/ 5 Year financial planning to help achieve company goals of doubling sales every 3 years in the long term

2. Budget

- Preparation of interim budget (0+12) in comparison with the current performance.

- Evaluating various iterations/ options and influencing management decision.

3. Forecast during the year

- Preparing rolling forecast every month (5+7, 8+4, and 10+2 in particular) and evaluating the performance and reporting variances.

- Proactively highlighting areas requiring course correction to achieve forecast and budgets

4. Innovation Support

- Financials for new category, new products or new skus

- Tracking the post launch performance

- Information provider to Brand Management Group.

- Participation to represent finance function on cross functional teams

5. Brand Building Spend Efficiency Analysis

- Measurement of Promotions effectiveness

- Return on Brand Building spends

6. Variance analysis

- At Brand, Channel, Market, Sku level

- Identification of cost and revenue drivers

- P&L sensitivity analysis for sales volume, brand and channel.

- Overheads analysis and continuous communication with functional heads to achieve overheads control

7. Near Term Forecast

- Reporting business performance based on Latest Estimate (mid month) after collating real time data as requested by Asia.

8. 5 Year Cash Flow Forecast

- Evaluating various sales and profit forecasts and Capex requirements to estimate the cash required for 5 year term.

9. IRR calculation

- Evaluating IRR of new projects based on the inputs from Supply Chain for next 3/ 5 years projection of sales.

10. Presentations

- Effective presentation skills in making & delivering the presentation on innovations.

WORK ENVIRONMENT:

- MIS reports needs to be sent every month as soon as the monthly numbers are reported which requires all the backup files to be accurately prepared.

- Interacting with Asia Finance on their random requirements and sending them reports within the deadlines which are again randomly set.

- There is high pressure to meet deadline sometimes with inadequate processing time available.

- Continuous follow up with other functions every quarter to ensure that plans & forecasts reflect most up to date information.

PREFERRED EDUCATION AND EXPERIENCE:

- Chartered Accountant with at least 10 years relevant experience in US GAAP in Oracle / SAP environment of a consumer product marketing led company. Knowledge of Hyperion planning will be an advantage.
FMCG-MNC experience is a must

- Track record of success

- Grounding in leadership competencies

Interested and eligible candidates may send their updated CVs on adarsh@dellingpartners.com

Alternatively, you may call on +919717000639