BUSINESS: Piramal Consumer Products Division DEPARTMENT: Finance LOCATION: Kurla, Mumbai JOB OVERVIEW: The incumbent will be responsible to analyze financial and management information, prepare business plan, provide tools for strategic decision making, plan and evaluate new business proposals, handle daily MIS, assist Business Heads to ensure that business decisions are directed to meet financial goal, ensure financial hygiene in business verticals, effective distributor management & manage internal controls & processes including audits. KEY STAKEHOLDERS: INTERNAL Sales Team, Marketing, HR, Operations, Supply chain, Sales IT & Analytics, Strategic Marketing, R&D KEY STAKEHOLDERS: EXTERNAL Retail Outlets, Distributors, Customers, vendors REPORTING STRUCTURE: GM Finance POSITIONS THAT REPORTS INTO THIS ROLE Finance Executive, MIS Executive QUALIFICATION: CA 1st Attempt preferred EXPERIENCE: Minimum 7 to 8 years of post qualification experience in pharma, consumer, OTC, FMCG , Ecommerce companies 2-3 years of exposure to e-commerce or modern trade business Good knowledge of financial/business processes Good interpersonal skills, good analytical skills Experience in SAP FICO module Proficient in Excel , PowerPoint (mandatory) Key Roles/Responsibilities: Financial Analysis and Reporting Issue, timely and accurate reports on receivables, in prescribed format, after obtaining explanations from Sales for outstanding amounts beyond the norms, overdue outstanding, etc. Analyze and disseminate various business indicators through reports like variance analysis, trend analysis, etc. Prepare the detailed financial and budgetary plans for the Business within the broad planning direction Track provisions and spends against budgets for Ecommerce business Approve claims from ecommerce distributors Ensure that all risks and opportunities are taken into account during planning Challenge the expense levels and suggest alternatives to ensure better use of budgetary discipline, cost reduction & introduction of new products Report on exceptions in discounts, credit notes along with corrective actions, initiating various ideas on its reductions. Provide knowledge support to the Financial Accounting team Maintaining and regulate product price control, ensuring GST, DPCO and other financial regulatory compliances. Maintain credit control as per credit policy - Scrutiny of new distributor appointments, accounts reconciliations Co-ordination with CFA for ensuring proper accounting of sale returns, discounts, schemes, credit notes, chq bounce etc Handling the statutory audit and Internal audit of the business; Coordinating with Zonal & Area sales teams for sales related MIS. Developing, maintaining/establishing of the internal control system; Liaisoning with internal stakeholders like GBSS to ensure correct accounting of entries; on time payment to vendors Maintain Systems and provide information support Establish and maintain Systems and Controls, Which verify the integrity of all systems, Process and data, and enhance the divisional value. Support information requirements for decision making by ensuring documentation and robust system Maintain an enterprise wide analytical MIS pack which helps the Senior Management in monitoring the key KPIs across the business Demonstrate Business Acumen and Strategic capability Plan key business initiatives for the Company to achieve projected KPIs by providing strong support to the management To actively spot key trends, opportunities and performance levels Provide directions to the business through strong risk management and information system Assist Business Head in ensuring that business decisions are directed to meet financial goal Analyze viability of new business opportunity Interact with other departments in supporting business decisions. People Management and Development Lead, recruit, grow and retain high-caliber talent to build competent teams. Empower team members to move across existing opportunities and take on responsibilities independently