Financial Analyst

Year    Mumbai, Maharashtra - Powai, Maharashtra, India

Job Description


:Position TitleFinancial AnalystFunction/GroupFinance Shared ServicesLocationMumbaiShift Timing1.30 pm to 10.30 pmRole Reports toAssistant Manager xe2x80x93 FP&ARemote/Hybrid/in-OfficeHybridABOUT GENERAL MILLSWe make food the world loves: 100 brands. In 100 countries. Across six continents. With iconic brands like Cheerios, Pillsbury, Betty Crocker, Nature Valley, and Hxc3xa4agen-Dazs, wexe2x80x99ve been serving up food the world loves for 155 years (and counting). Each of our brands has a unique story to tell.How we make our food is as important as the food we make. Our values are baked into our legacy and continue to accelerateus into the future as an innovative force for good. General Mills was founded in 1866 when Cadwallader Washburn boldly bought the largest flour mill west of the Mississippi. That pioneering spirit lives on today through our leadership team who upholds a vision of relentless innovation while being a force for good. For more details check outGeneral Mills India Center (GIC) is our global capability center in Mumbai that works as an extension of our global organization delivering business value, service excellence and growth, while standing for good for our planet and people.With our team of 1800+ professionals, we deliver superior value across the areas of Supply chain (SC) , Digital & Technology (D&T) Innovation, Technology & Quality (ITQ), Consumer and Market Intelligence (CMI), Sales Strategy & Intelligence (SSI) , Global Shared Services (GSS) , Finance Shared Services (FSS) and Human Resources Shared Services (HRSS).For more details check outWe advocate for advancing equity and inclusion to create more equitable workplaces and a better tomorrow.JOB OVERVIEWFunction OverviewThe Finance organization partners across General Mills to provide financial expertise to guide and govern the company. We bring a distinctive skill set to help the company sustainably drive strong returns on investment, whether thatxe2x80x99s brand investments, capital investments or resource investments. We hold ourselves accountable for the areas where we are uniquely positioned to drive results xe2x80x93 what we call our Strategic Priorities xe2x80x93 but we never lose sight of the fact that we only truly win when the company wins. The Finance function operates as a global team through the partnership of a series of enterprise-focused and business-embedded groups.For more details about the Function please visit thisPurpose of the roleAs a Financial Analyst on the External Supply Chain Finance Team, you will have a unique opportunity to enhance your skills in process excellence, situational agility, and strategic partnership. In this position, you will oversee the external supply chain finance functions for designated external manufacturing locations. You will act as the primary liaison for the company, fostering strong relationships with the ESC Finance Team and external manufacturing partners. Additionally, you will provide analytical support to the Minneapolis ESC team and the Mumbai Supply Chain Finance Centre of Excellence.Come join the Global Supply Chain Finance team for this unique opportunity to be a part of a team that will drive impactful change and value to the business!KEY ACCOUNTABILITIES70% of Time: Communication: Email, Telephonic, Live Meeting & IMCommunication with External Manufacturers primarily for Inventory, Payables, Materials Usage, Volume analysis, Payment variances, Actual V/s Plan volume analysis, Product Costing variances and ad-hoc queries received from external manufacturers as well as ESC group in Mpls.10% of Time: Month end activities:

  • Create accrual entries
  • Volume estimates
  • DMS and VMS reporting
20% of Time: Daily Activities:
  • Product Costing Setup (ZMAX)
  • Maintain Product Costing Accuracy
  • Manage Auto Pay Payments & Accuracy
  • Invoice Coding and approval
  • Inventory Stock Adjustment review and approval
  • Usage Analysis (Monthly Annual)
  • Contract Review
Specific Job Experience or Skills NeededShould be able to manage supply chain functions for designated manufacturing locations. The responsibilities will involve:xc2xb7 Product Costing Setupxc2xb7 Maintain Product Costing Accuracyxc2xb7 Manage Auto Pay Payments & Accuracyxc2xb7 Invoice Coding and approvalxc2xb7 Stock Adjustment/Usage Review/Approvalxc2xb7 Manage Negative Inventory & Analysisxc2xb7 Test/Start-Up Budget ReviewMonthly Reportingxc2xb7 Review cost center for accuracy and identify, assist and approve the posting of necessary accrualsxc2xb7 Provide explanations for assigned manufacturing locations for payment variancesxc2xb7 Manage manufacturing volumes for YTD, MTD adjustmentsxc2xb7 Manage Payment Variance for assigned manufacturing locationsxc2xb7 Assist in completion of monthly financial deck, as necessaryManage Budgets (Spring Plan)xc2xb7 Complete Spring Plan location budgetsxc2xb7 Schedule/lead Contract Manager input meetingsxc2xb7 Complete SAP vs. BPC tie-outsxc2xb7 Assist in completion of Spring Plan reportingOther Responsibilities:xc2xb7 Supporting HMM discovery and ideationxc2xb7 Support Continuous Improvement xe2x80x93 identify process improvements, engage in creating and putting in place improvements (i.e. utilizing YY or Focused Improvement) and communicate to broader ESC groupxc2xb7 Partnership with Supply Chain Center of Excellence and Minneapolis HQ Supply Chain Finance teamxc2xb7 Should be a one point contact to Manufacturing Partnersxc2xb7 Provide inputs for ad-hoc requests and high-level analysis requested by Minneapolis counterpartsxc2xb7 Partner with Supply Chain Ops team and broader Supply Chain team (Contract Manager, Logistics, Sourcing, Engineering, OBM, etc.) on designated projectsxc2xb7 Assist Finance Operations Managers group to adhere to GMI reporting & control policies and proceduresxc2xb7 Engagement with other Mumbai Finance team (CI and other initiatives)
MINIMUM QUALIFICATIONS
  • Professional Certification: Bachelors
  • 4+ years of related experience
Specific Job Experience or Skills Needed
  • Strong communication, leadership, and influencing skills
  • Process Excellence, able to make process improvements, and effectively organize work
  • Situational agility, comfort navigating ambiguity
  • Strong analytical skills and problem-solving ability
  • Global and/or cross-functional team partnership
  • Previous Supply Chain or Supply Chain Finance experience
  • Experience with SAP ERP/IEP or system proficiency (ability to get up to speed quickly)
  • Offers new ways of doing things and understands associated risks
  • Shifts priorities quickly when necessary
  • Understands and applies knowledge of competitive position of division or function
  • Seeks coaching about the business drivers and how to apply creative ideas
  • Experiments with new approaches
  • Presents complex data in a manner appropriate to audience
  • Aligns priorities with business strategy and vision
  • Analyzes successes and failures to learn and continuously improve
PREFERRED QUALIFICATIONS
  • Masterxe2x80x99s degree
  • 4 to 7 years of related experience
  • Major Area of Study: Finance, Analytics, Accountancy, Costing
  • Professional Certifications: CA, MBA, PGDBA, MMS
COMPANY OVERVIEWWe exist to make food the world loves. But we do more than that. Our company is a place that prioritizes being a force for good, a place to expand learning, explore new perspectives and reimagine new possibilities, every day. We look for people who want to bring their best xe2x80x94 bold thinkers with big hearts who challenge one other and grow together. Because becoming the undisputed leader in food means surrounding ourselves with people who are hungry for whatxe2x80x99s next.

General Mills

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Job Detail

  • Job Id
    JD3630387
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra - Powai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year