We are looking for a Value Stream Finance Head - Beverages to optimize costs, Plan, Implement, Manage and run all financial activities of Value Stream including business planning, budgeting, forecasting and negotiations.
Key Responsibilities
Prepare Cost Benefit Analysis for any new Capex proposed by various departments in concurrence with Head of Operations and ensure investments are submitted to BOD along with CBA.
Prepare and update costing sheet for products/SKUs and share on weekly basis
Analyze Management Accounts line by line and provide observations and recommendations to BOD & HODs for implementation.
Keep a check on input cost related to manufacturing and assist Head of Operations by providing facts and figures for reducing TOTAL COST of PRODUCTION.
Participate in procurement decisions related to purchase of RAW material for Value Stream.
Monitor BOM on daily basis & highlight anomalies to relevant Production Leads and seek clarification.
Plan, Implement, Manage and run all financial activities of Value Stream including business planning, budgeting, forecasting and negotiations.
Reduce Debtors cycle by ensuring timely issuance of credit notes by coordinating with Sales team and Audit team.
Increase focus on credit worthy customer segments through Sales Head, prepare and implement customer incentive schemes for acceleration/on-time payment.
Provide Impact Analysis for all marketing expenses, price increase/decrease and promotions.
Ensure adherence to contracts and agreements by suppliers & sales channels as per company policy and record keeping including Bank Guarantees from customers.
Responsible for ensuring timely Cash in-Cash out through Sales & Production teams, monitor debtors/creditors on daily basis.
Liaise & work closely with Treasury Team and Finance and Accounts team for smooth cash flow management
Prepare priority list for payments to be made based on collection reports from debt collection team along with procurement
Prepare financial forecasting and budgets (annual & 13-week rollover) related to Value Stream under guidance of CFO to ensure alignment with Group Level Financial goals.
Prepare P&L for Value Stream, Brand P&L, Customer P&L, Channel P&L and provide financial inputs to Head of Operations for P&L profitability.
Experience:
10-12 years, with at least 8 years in Non Alcoholic Beverage Industry.
Product Costing : Detailed Cost sheet preparation
Variance analysis between standard cost and actual Cost
Knowledge of working in SAP (HANA) is highly desired.
Review of BOM in SAP
Knowledge of SAP CO and PP Module