Business Finance Executive

Key Deliverables of the Role

• Ensure material account closing and correct allocation of all Plant and depot expenses i.e., Sales commercial common expenses.
• Supporting BFM in closing Actual Financials 
• Supporting other BFM’s in analysing exceptional hit/gain in cogs of their Brands.
• Preparing data for Updating masters in Tableau of Profit forecast and to generate NR details during Actual’s analysis.
• Preparing, updating data in Tableau and supporting BFM in releasing Ex-com report.
• Preparing Working Capital report Actuals, Monthly forecast and Budgeted.
• Supporting BFM in preparing Profit Forecast 
• Addressing issues raised by Plants for Standard setting, maintaining exception table for map error or cake order.
• Providing support to BFM in generating reports from SAP for analysis and helping analysis.
• Providing support to cross functional teams in understanding reports or data relating to Material accounting or sales or Material ledger accounting.
• Providing reports or data or explanations to various internal audit teams as and when they seek information.
• Ensuring masters are updated as and when new products or brand is launched. Co-ordinating with SAP master’s team to ensure the same.
• Preparing multiple schedules of Audit requirement during quarter closing and additional schedules during Year end closing.
• Liaising with statutory auditors to clear audit queries during quarterly and yearly closing.
• Prepare accurate and timely financial reports and doing month end closing activities for P&L finalization.
• Preparing profit forecasts by taking inputs from various stakeholders.
• Doing variance analysis by comparing actuals vs forecasts and budgets and finding the reasons for variations.
• Carrying adhoc analysis (competition benchmarking, new product business case etc) in collaboration with cross functional teams.
• Generating reports from SAP and doing deep dive on various cost heads including MM modules.
• Providing support to cross functional teams in understanding reports relates to material ledger accounting.
• Liaising with statutory auditors to clear audit queries during quarterly and yearly closing.