Financial Operations Manager
- Employer
- Confidential
- Location
- Mumbai
- Posted
- Aug 03, 2024
- Closes
- Sep 01, 2024
- Ref
- 4808971722
- Level
- Manager
- Certification
- CMA: Preferred
- Work Mode
- Work from office
- Hours
- Full Time
Job Description
Key Purpose of the role includes:
• Leading P2P Function for the Unit- 50% of time
• Navision Master User- 15% of time
• Local Compliances & Efficiency- 15% of time
• Other Special Projects/ initiatives- 20% of time
CTC - Upto 15LPA
Key Responsibilities:
P2P Lead for RC India Unit- 50% of Time:
• Lead the vendor partner team in charge of the day-to-day invoice processing- drive efficiency and quality in Invoice processing. Review the productivity of the 3P teams.
• Preparation of documentation for foreign payments; Coordination with treasury and bank for all domestic and import payments.
• Ensuring control/ hygiene in end-to-end process as well as complete detailing for BSR analysis.
• Generate comprehensive Financial reports and promptly address ad-hoc requests from management including reporting on Open Creditors, Advances, Ageing etc.;
• Drive DPO improvement initiatives, thereby having a tangible positive impact on Unit Financials.
System- 15% of Time:
• Navision (ERP) master user for the Unit.
• Lead 1NAV Automation Projects at the Unit; Adopt best practices followed at other Units and implement the functionality at India Unit.
• Key Focus on SOD controls and correct accesses for users.
Local Compliances & Efficiencies- 15% of Time:
• Single Point of Contact for all Local Compliances of the Unit and in ensuring zero noncompliance's.
• Support Inter Company Treasury and Tax teams for any ongoing litigations by providing details/ clarifications, as may be sought for.
Other Projects/ Initiatives- 20% of Time:
• Lead the charge on digitization/ automation projects to enhance operational efficiency, from inception to execution, Implementation of Digital drive agenda at the Unit.
• Other process improvement initiatives.
About the Company
© 2019 Mars, Incorporated Explain how the job gets done and the way it operates within the team and with stakeholders This job gets done by connecting dots, managing the stakeholders, and partnering with teams and will play a integral role in fulfilling our vision of building a World Class Digital S&F Function. It has a wide- and far-reaching impact with cross functional, regional, and global connects. Role will directly favorably impact the Unit financials by improving DPO for the unit and will enhance efficiency. This position will report to Unit Finance Controller.
Job Specifications/Qualifications
State the preferred education, knowledge, skills and experience this position requires. State the physical and/or mental requirements for the role (e.g. stand for x hours, lift x weight, concentration on repetitive tasks). Note: May differ from the current job holder's own skills and experience.
Education &Professional Qualifications
CMA/ MBA/ M. Com Knowledge
Experience 3-6 years' experience in Financial Operations, preferably with FMCG organizations.
Proven track record of Process improvement with excellence in Financial Operations Expertise in MS Office/ BI/ SAP/ Other digital tools would be an add on.
Skills: Sap, Process Improvement, Bi, Financial Operations, Ms Office
Experience: 3.00-6.00 Years
Key Purpose of the role includes:
• Leading P2P Function for the Unit- 50% of time
• Navision Master User- 15% of time
• Local Compliances & Efficiency- 15% of time
• Other Special Projects/ initiatives- 20% of time
CTC - Upto 15LPA
Key Responsibilities:
P2P Lead for RC India Unit- 50% of Time:
• Lead the vendor partner team in charge of the day-to-day invoice processing- drive efficiency and quality in Invoice processing. Review the productivity of the 3P teams.
• Preparation of documentation for foreign payments; Coordination with treasury and bank for all domestic and import payments.
• Ensuring control/ hygiene in end-to-end process as well as complete detailing for BSR analysis.
• Generate comprehensive Financial reports and promptly address ad-hoc requests from management including reporting on Open Creditors, Advances, Ageing etc.;
• Drive DPO improvement initiatives, thereby having a tangible positive impact on Unit Financials.
System- 15% of Time:
• Navision (ERP) master user for the Unit.
• Lead 1NAV Automation Projects at the Unit; Adopt best practices followed at other Units and implement the functionality at India Unit.
• Key Focus on SOD controls and correct accesses for users.
Local Compliances & Efficiencies- 15% of Time:
• Single Point of Contact for all Local Compliances of the Unit and in ensuring zero noncompliance's.
• Support Inter Company Treasury and Tax teams for any ongoing litigations by providing details/ clarifications, as may be sought for.
Other Projects/ Initiatives- 20% of Time:
• Lead the charge on digitization/ automation projects to enhance operational efficiency, from inception to execution, Implementation of Digital drive agenda at the Unit.
• Other process improvement initiatives.
About the Company
© 2019 Mars, Incorporated Explain how the job gets done and the way it operates within the team and with stakeholders This job gets done by connecting dots, managing the stakeholders, and partnering with teams and will play a integral role in fulfilling our vision of building a World Class Digital S&F Function. It has a wide- and far-reaching impact with cross functional, regional, and global connects. Role will directly favorably impact the Unit financials by improving DPO for the unit and will enhance efficiency. This position will report to Unit Finance Controller.
Job Specifications/Qualifications
State the preferred education, knowledge, skills and experience this position requires. State the physical and/or mental requirements for the role (e.g. stand for x hours, lift x weight, concentration on repetitive tasks). Note: May differ from the current job holder's own skills and experience.
Education &Professional Qualifications
CMA/ MBA/ M. Com Knowledge
Experience 3-6 years' experience in Financial Operations, preferably with FMCG organizations.
Proven track record of Process improvement with excellence in Financial Operations Expertise in MS Office/ BI/ SAP/ Other digital tools would be an add on.
Skills: Sap, Process Improvement, Bi, Financial Operations, Ms Office
Experience: 3.00-6.00 Years