Manager - Category Finance

What are the Key Deliverables in this role?

Financial Outcome

• Overall responsibility for Innovation P&Ls
• Overall responsibility & controller for Marketing spends
• P&L Management for consolidated capital foods performance (including ownership and review of TCPL and CFPL trial)
• Preparation of Monthly Overall Capital Foods system P&L (Category X Channel)
• Assisting / review of the final BPC submissions for the consolidated Capital Foods P&L including reviewing inter company transactions
• Assisting/ Working with the team for MTP and Annual Operating Plan exercises
• Annual planning for ATL spends. Work closely with Category & Media team for rolling up the plans.
• Responsible for tracking and reporting of ATL Spends at Category & activity Level -Actuals vs budget
• Monthly provisioning of spends and review of activities for actualization and to estimate (LE) spends for the rest of the yr.
• Responsible for setting up the processes for accounting & control of spends
• Responsible for all ATL vendor management, timely payments and reconciliations.
• Drive process improvements and harmonization across business
• Follow up with Category team for timely creation of IO; maintenance of portal and timely updates to accommodate category requirements.

Customer Service

• Managing Innovation project partners across functions (Innovation, Marketing, Packaging development etc.)
• Work closely with the Departmental Heads providing Finance perspectives enabling effective decision making
• Track innovation development and advertisement spends and ensure visibility at a project level.
• Reporting on responsibility on promotion and trade spends
• Reporting on monthly performance of Innovation for discussion with innovation team / category head
• Reporting on performance of launched innovation products to executive committee with 360 degree insights on finance performance distribution metrics and marketing support etc.
• Participate in contract execution and negotiation with vendors; Ensure adherence with the SOA on all ATL procurements – Goods & Services
• Ensure all KPIs, savings are tracked and reported w.r.t Media contracts and monthly reconciliation of plan vs execution of estimates.
• Deliver all reporting requirements in terms of ATL spends and develop a framework for ATL spend evaluation

Internal Processes

• Overall responsibility for managing Innovation projects for both domestic and exports
• Driving profitability and taking initiatives for margin accretive projects
• Managing and developing innovation framework guidelines for all innovation projects including renovation.
• Drive continuous improvements in process and procedures and partner in all automation/other projects to improve ways of working.
• Drive any cross functions projects.

What are the Critical success factors for the Role ?

• Chartered Accountant (first or second attempt) or MBA Finance from premier institute
• Minimum 2-3 years of post-qualification business partnering experience.
• Strong analytical ability and interpersonal skills

What are the Desirable success factors for the Role ?

• FMCG environment or related industry experience.
• Ability to interpret financial data, identify trends, and make data-driven decisions to optimize the category's financial performance.