India Finance Analyst

Employer
Confidential
Location
Mumbai
Posted
Jul 30, 2024
Closes
Sep 27, 2024
Ref
4774584402
Role
Analyst
Level
Staff
Certification
Other
Hours
Full Time
Organization Type
Corporate
Position Title

India Finance Analyst

Function/Group

Finance Shared Services

Location

Mumbai

Shift Timing

11 am to 8 pm

Role Reports to

Assistant Manager - India Finance Operations

Remote/Hybrid/in-Office

Hybrid

ABOUT GENERAL MILLS

We make food the world loves: 100 brands. In 100 countries. Across six continents. With iconic brands like Cheerios, Pillsbury, Betty Crocker, Nature Valley, and Häagen-Dazs, we've 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 accelerate

us 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 out http://www.generalmills.com

General 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 out https://www.generalmills.co.in

We advocate for advancing equity and inclusion to create more equitable workplaces and a better tomorrow.

JOB OVERVIEW

Function Overview

The 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 that's brand investments, capital investments or resource investments. We hold ourselves accountable for the areas where we are uniquely positioned to drive results - what we call our Strategic Priorities - 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 this Link

Purpose of the role

This individual will be responsible to lead & drive operations in India Finance teams with innovation, ensuring compliance with General Mills accounting policies and will be responsible for flawless service delivery in a consistent and standardized manner for various locations. This individual would be reporting to AM/Manager & would also be responsible to provide business/management with progress charts for identifying/ controlling process challenges & ensure strong, clear process documentation is in place

KEY ACCOUNTABILITIES

70% of Time Operational Management

• Maintain track of all the tasks and ensure all SLAs are met.
• Ensure all the accounting tasks are performed within set timeliness with 100% accuracy (examples- HD, Admin, IC, Payroll accounting etc.)• Research & resolve discrepancies and issue.
• Analyze and identify risk & discrepancies which needs to be mitigate and update users, departments, teams accordingly.
• Daily/Weekly/Monthly/Month-end volumes are managed and performed as per set SLA's.
• Make sure reconciliation of IC, Duty Drawback Collections etc are perform on time by resolving all the discrepancies.
• Cross charge - Statutory activity is performed with 100% accuracy & TAT.• Month end /JC end activities and closing are done on time.
• Accrual/JVs entries are created and completed on time with set accuracy.
• Partner with the respective teams for all the Audits.
• Establish and enforce internal controls in accordance with Host Analytics company policies and authority delegation matrix.
• Drive innovation in India Finance processes.
• Evaluate all weekly/Monthly/Annual metrics, analyze all continuous improvement & prepare reports for all requests.
• Support business continuity to meet critical business objectives & Partnership work as a team to achieve goals.
• Cross-collaborate with users, different departments internal/external & teams to ensure all the required information related to task/activities are there.
• If there is business requirement Saturday's/weekends will be working• Shift timings will be 9 hours between 11AM to 8 PM.

20% of Time

• Identify, initiate, & implement process improvement ideas.• Leverage Continues Improvement tools or mindset to identify recurring issues & work towards Institutional Solution.
• Analyze, recommend & lead any change for improving quality & efficiency of the process.
• Comply with security in accordance with established policies and procedures of the organization Initiate & implement macros in process to track execution data using tools like MS-Access, front end, Excel VBA, etc.
• Provide reports & pro-active insights to business/management on process health.
• Prepare MIS dashboard & process visualization via Tableau, Spot Fire, & other advances presentation tools &techniques.
• Interact with business to develop solutions for managing the process effectively.

10% of Time

• Maintain team camaraderie & ensure periodic team meetings are held to discuss errors or performance gaps (if any).
• Prepare & document process flows in MS-Visio.
• Demonstrate Subject Matter Expertise.
• Support audit & control to ensure compliance with GMI requirements.
• Develop strong relationships with business partners.
• Actively participate in team or site events/initiatives.
• Mentor/ coach whenever required

MINIMUM QUALIFICATIONS

• Minimum Degree Requirements: Bachelors

• Minimum years of related experience required: 5+ years

• Required Professional Certifications: Inter CA (Mandatory)

PREFERRED QUALIFICATIONS

• Preferred Degree Requirements: Masters

• Preferred Major Area of Study: Accountancy, Auditing & Taxation

• Preferred Professional Certifications: CI, Process Improvement

• Preferred years of related experience: 7 years


Specific Job Experience or Skills Needed

  • Has worked in Indian Accounting process.
    • Has knowledge of Indian Tax laws.
    • Can prioritize and complete multiple tasks on tight deadlines.
    • Self-starter with ability to work independently under pressure and reacts quickly to changing priorities.
    • Strong knowledge with advanced MS Office computer skills preferred (i.e., Word, Excel, Access, Outlook)
    • Flexible approach to working hours.
    • Has analytical thinking and problem-solving skills.
    • Can identify risks and establish mitigation for same.

Competencies/Behaviors required for job

Deliver Outstanding Results
• Accomplishes assigned tasks with unquestionable integrity.
• Communicates and collaborates with others to achieve Process results.
• Drives effectiveness across boundaries to achieve overall Process results.
Energize & Develop People
• Committed to self-development and learning.
• Actively coaches and advises others.
Financial Acumen
Lead Innovation
Clear & Effective Communication
Problem Solving & Analytical Ability

Additional Information
  • Shift timings from 11.00am to 8.00pm (Business workday: Monday to Friday)
  • Extended support required during weekend/ Month end, as per business requirements.

Skills: Analytical Thinking, Auditing, Accountancy, Taxation, Problem Solving, Ms Office

Experience: 5.00-7.00 Years