Description

Job Title: Manager - Commercial Finance Business Partner

About the Function:

Our Finance team deliver sustainable growth for our business, customers, and much-loved brands. We're part of a $12.2 billion gross profit organisation, responsible for driving an exceptional level of performance and creating the potential for future growth.

Whether we're utilising our digital capabilities and analytics to inform our business strategy or creating capacity to invest in the future - no two days are the same in our Finance team. Wherever your skills lie, we'll help you to learn and develop, supporting you along the way in our inclusive culture.

About the role:

The role is responsible for handling finance operations of a critical market of Diageo India and includes activities around credit & operations management, performance reporting, fund management, customer management, month-end closures/ reporting, supporting in audits, tracking trade spends, and ensuring SOX compliance.

Candidate should be able to provide meaningful insights on all aspects of commercial operations like credit management, policy change, spend management & drive conversations with various stakeholders in sales and regional office.

Role Responsibilities:

1 Credit Management

• Ensure Timely Block Circulation to Commercial Team

• Ensure to Credit Block Release as per Credit Policy

• Improve credit block review system and best utilization of resources

• Driving Collection and reducing overdue by partnering with sales team

• Improve AR ageing quality & achieve DSO Target through continuous monitoring

• Credit Limit and Terms review for existing customer in peak period of the year and for New customer by reviewing the assigned quota and as per the average expected share / sales to Diageo India.

• Debtor Estimates / forecast review basis actual Debtor reports to ensure no Risk in AR.

2 Support RTM Changes / Annual policy changes

• No sales loss due to system

• Support in Representation to State Govt where required

• Excise Policy year Change Invoice checking and verification to ensure billing with approved /accurate rates.

• Participate in pricing discussion and provide quality inputs

3 Compliance and Governance

• Ensure Balance confirmation as per Credit Policy & resolution for Open item Immediately

• Collection from recovery cases should be offset with future PDDs and recovery costs

• Ensure & proper control on Overhead and ensure no surprise

• Standardize Reviews and convert to templated reviews for all clusters

• Address the issue of unidentified receipts

• Compliance to credit policy tracking- Security Cheque Tracker, VAT abatement letter, C Form

• Risks identified through TB review are tracked and reviewed by RFH

• Any AML or legacy issues highlight with the legal consul and ensure get resolve.

4 Business Partnering

• Strengthening BTL / TTL provisioning process and month end sanity checking

• Month end reporting / dashboards

• "Improving quality of provisioning month on month" to eliminate volatility

• Partnering with Cluster head to ensure to delivery of NSV Target & volume by analyzing performance

• Partnering with NRM team to optimize Trade Spend in market

• Monthly review of cluster MFR with RCFH & Cluster head to identify opportunities/Issues.

Flexible Working Statement: Flexibility is key to our success. From part-time and compressed hours to different locations, our people work flexibly in ways to suit them. Talk to us about what flexibility means to you so that you're supported from day one.

Diversity statement: Our purpose is to celebrate life, every day, everywhere. And creating an inclusive culture, where everyone feels valued and that they can belong, is a crucial part of this.

We embrace diversity in the broadest possible sense. This means that you'll be welcomed and celebrated for who you are just by being you. You'll be part of and help build and champion an inclusive culture that celebrates people of different gender, ethnicity, ability, age, sexual orientation, social class, educational backgrounds, experiences, mindsets, and more.

Our ambition is to create the best performing, most trusted and respected consumer products companies in the world. Join us and help transform our business as we take our brands to the next level and build new ones as part of shaping the next generation of celebrations for consumers around the world.

Feel inspired? Then this may be the opportunity for you.

If you require a reasonable adjustment, please ensure that you capture this information when you submit your application.