Job Description

Overview:

• Drive process compliance & Controls execution at the Unit
• Support compliance to reporting calendar by ensuring accurate and timely closure of monthly financials at the Unit
• Support the Unit in its AOP delivery through analytical reviews and performance diagnosis
• Set up and drive robust forecasting process
• Coordinate effectively on indirect tax matters relating to the Unit, engaging with internal and external stakeholders
• Support the Unit Manager & unit by providing
• Timely, accurate and cost-effective financial and management reporting in accordance with local requirements and PI policy.
• Provide financial stewardship of company assets and activities by safeguarding company assets, maintaining a strong internal control environment
• Implementing and overseeing efficient, well-controlled financial transaction processing systems.

Responsibilities:Business and Financial Controls

• Ensure safeguarding of Company assets in warehouse and market through high level of financial and physical verification controls, reconciliation and reviews.
• Build strong physical verification measures are in place as inventories and other current assets are concerned across warehouses.
• Ensure proper systems are in place for verifying accuracy of market place spending - Discounting, Promotions
• Ensure proper systems are in place for accounting and timely reconciliation with business partners covering Distributors, CFA, transporters, A&M vendors etc
• Responsible for all Key Controls related compliances in the Unit
• Ensure adherence to Authority Matrix for all S&D spends

Financial Accounting and Reporting

• Ensure adherence to PI and Indian statutory accounting policies for Unit Sales Accounting
• Ensure Monthly reporting of S&D Lines with detailed cause of change analysis versus Plan as per pre-aligned reporting timelines
• Build strong financial review mechanism in the Unit
• Maintain a healthy Balance Sheet through periodic reviews, highlighting all risks & opportunities and effectively closing on actionable points arising thereon
• Completion of Indian and US financial Audits as per timeline and ensure compliance with audit recommendations
• Preparation of Financial Reports / analysis for Unit / ManCom Operations Review

Decision Support and Analysis

• Anchor the monthly Operations Review meeting for review of unit performance
• Drive Productivity Improvement Agenda in the Unit and monitor tracking of initiatives
• Analyse revenue / cost lines and working capital for decision support to Unit Manager on pricing, trade and Distributor margins and ROI, cost management, Go To Market systems, logistics etc
• Provide adequate analysis of all pricing, margins, discounts, cost lines and drive improvements in consultation with UM
• Work with SDM to effectively deliver the SDP agenda for the Unit
• Work closely with Logistics team for driving cost improvement
• Perform Distributor health check on a periodic basis through ROI evaluation

Legal compliances

• Partner with HQ Tax team for compliance on GST, Service Tax and other tax laws relating to the Unit including monthly returns filing, completion of assessment etc
• Partner with S&D team in drawing up customer key account agreements
• Responsible for all Legal matters pertaining to the Unit, working in tandem with the Legal and Finance team members in HQ

Finance & IT Systems

• Leverage SAP, Proline & SAMNA for all Statutory and Analytical requirements
• Leverage SAMNA for claims management and driving of Distributor balance confirmation process
• Implement Best Practice tools which improve the accuracy, timeliness and cost effectiveness of financial transaction processing and reporting
• Ensure adherence to IT policies, ensure BIS security

AOP

• Lead the Annual Operating Plan (AOP) exercise and develop AOP construct along with Unit Manager, functional heads
• Support the budgeting process end to end, starting with setting up of base assumptions on volume and value delivery in consultation with UM and SM, build cost targets factoring cost optimisation measures, and engage with HQ team in the roll up process
• AOP targets to be broken up basis the sales hierarchy, ensuring right target fixation across the hierarchy

People Management

• Ensure awareness of Authority matrix and other control related PI policies.
• Facilitate critical implementations like Code of Conduct, Record retention policy etc.
• Ensure transaction design which will lead to maximizing customer satisfaction.

Qualifications:

• CA/MBA with 7-9 years of prior experience preferably in an FMCG or Big4 Audit and Consultancy firm
• Experience in Commercial and Audit field
• Experience in presenting business case or project case to business stakeholder
• Require excellent communication skills
• Require excellent analytical and presentation skills

Skills and Behavioural Attributes

• Excellent team management skills
• Excellent/Tactful communication, negotiation and influencing skills
• High level of confidence & ability to carry himself
• Strong focus on delivery and results with high drive and energy levels

PepsiCo