13 Nov
|
General Mills
|
Mumbai
13 Nov
General Mills
Mumbai
Position TitleAssistant Manager Corporate FinanceFunction/GroupCorporate FinanceLocationMumbaiShift Timing11:00am-08:00pmRole Reports toManager Corporate FinanceRemote/Hybrid/in-OfficeHybrid: Currently 2 days in a week but need to adhere if it changes in future. Over and above days defined in hybrid, need to be in office for additional days as per business requirementsABOUT GENERAL MILLS
We make food the world loves: 100 brands. In 100 countries. Across six continents. With iconic brands like Cheerios, Pillsbury, Betty Crocker, Nature Valley, and Haagen-Dazs, weve been serving up food the world loves for 155 years (and counting). Each of our brands has a unique story to tell.
How we make our food is as important as the food we make. Our values are baked into our legacy and continue to accelerate.
us into the future as an innovative force for good. General Mills was founded in 1866 when Cadwallader Washburn boldly bought the largest flour mill west of Mississippi. That pioneering spirit lives on today through our leadership team who upholds a vision of relentless innovation while being a force for positive. For more details check out http://www.generalmills.com
General Mills India Center (GIC) is our global capability center in Mumbai that works as an extension of our global organization delivering business value, service excellence and growth, while standing for good for our planet and people.
With our team of 1800+ professionals, we deliver superior value across the areas of Supply chain (SC) , Digital & Technology (D&T;) Innovation, Technology & Quality (ITQ), Consumer and Market Intelligence (CMI), Sales Strategy & Intelligence (SSI) , Global Shared Services (GSS) , Finance India and Human Resources Shared Services (HRSS).For more details check out https://www.generalmills.co.in
We advocate for advancing equity and inclusion to create more equitable workplaces and a better tomorrow.
JOB OVERVIEW
Function Overview The Finance organization partners across General Mills to provide financial expertise to guide and govern the company. We bring a distinctive skill set to help the company sustainably drive strong returns on investment, whether thats brand investments, capital investments or resource investments. We hold ourselves accountable for the areas where we are uniquely positioned to drive results what we call our Strategic Priorities but we never lose sight of the fact that we only truly win when the company wins.
The Finance function operates as a global team through the partnership of a series of enterprise-focused and business-embedded groups.
For more details about the Function please visit this Link
Purpose of the role
This role exists to be a key member, responsible for financial accounting, reporting & financial planning, and analysis for GIC India as part of Corporate Finance team.
It includes annual budget preparation, monthly book close and variance, tax compliances and leading other projects independently end to end.
This role entails a key Corporate Finance team member, who will support GIC functional leaders / controllers / team members in financial accounting, reporting, budgeting, analysis, and compliance.
Candidates must possess a proven ability work effectively with multiple layers within an organization, especially experience working with Finance team. Individual in this role is expected to have excellent planning and organizational skills with the ability to prioritize tasks and anticipate needs of leaders. KEY ACCOUNTABILITIES40 % of TimeStatutory Audit, Tax Audit, TP Audit & Global Internal Audit
- Prepare audit-ready schedules, reconciliations, and supporting workings
- Coordinate with auditors and address queries in a timely manner
- Provide necessary documentation and data to facilitate audit procedures
- Liaise with internal teams to gather information and ensure completeness
- Track audit requests and ensure timely closure of open items
- Support audit planning, fieldwork, and closing activities
- Ensure compliance with applicable accounting standards and tax regulations
- Assist in implementation of auditor recommendations and process improvements.
- Preparation of Transfer Pricing working and required supportings for TP Audit
Tax Compliance
- Validate and analyze GST & TDS returns and reports to ensure accuracy and compliance
- Monitor and track GST input tax credit (ITC), including reconciliation with books and returns
- Prepare GST refund workings and coordinate timely filing
- Liaise with external consultants for GST notices, assessments, and data submissions, ensure timely response to government notices.
- Ensure accurate deduction, reconciliation, and timely deposit of TDS
- Prepare and maintain monthly GST/TDS schedules in Blackline as per reporting timelines
- Prepare data and support for STPI compliances input (including annual and monthly filings and documentation)
- Identify and highlight compliance gaps or risks and recommend corrective actions
- Stay updated on changes in GST/TDS laws and assess impact on processes
50% of TimeFinancial Accounting and Budgeting
- Accounting for month end provisions, reversals, cost tracking, and variance analysis
- Prepaid cost monitoring
- Preparation of Lease provisioning and Reports
- Fixed Asset Accounting and Depreciation
- CAPEX monitoring and reporting.
- Review & share observation on WD-1, variance Analysis on monthly MIS on WD-2, and sharing comments with Manager on regular basis.
- Monthly One Stream and COPA reporting
- Spring Plan budget and monthly management reporting input support and query resolution.
10% of TimeOthers
- Mentor, guide and train new / junior team members in accounting, process understanding and addressing concerns.
- Coordinate with internal stakeholders to ensure timeliness and data accuracy.
- Establish adequate governance mechanism within team to ensure correct audit trail and documentation.
- Drive efficiencies in the process and Identify opportunities for process improvements.
- Create an environment of continuous improvement to simplify or automate work.
- Compliance with General Mills policies
- Work/Collaborate on Site wide initiatives
MINIMUM QUALIFICATIONS
- Required Degree Requirements: Chartered Accountant (CA)
- Preferred Additional Degree: MBA Finance
- Preferred Major Area of Study: Finance & Accountancy
- 2 to 4 years of related experience
Specific Job Experience or Skills Needed
- Strong Business partnership with leaders in India & US partners
- Process documentation for all activities and its periodic review.
- Strong technical accounting background.
- Strong Excel and database skills
- Strong financial acumen, analytical and critical thinking skills & organizational skills
- Demonstrates a commitment to teamwork through own actions.
- Excellent written and verbal communication skills, including ability to interact effectively with all levels throughout Company organization.
- Can prioritize and complete multiple tasks on tight deadlines.
- Offers new ways of doing things and understanding associated risks. Experiments with innovative approaches.
- Aligns priorities with business strategy and vision. Shifts priorities quickly when necessary
- Seeking coaching for business drivers and how to apply creative ideas.
- Presents complex data in a manner appropriate to audience.
- Analyzes successes and failures to learn and continuously improve.
- Anticipates market trends that will impact competitive advantage.
- General Accounting, Direct and Indirect Tax work experience is preferred.
PREFERRED QUALIFICATIONS
- Masters degree
- 3 to 5 years of related experience
- Major Area of Study: Finance, Analytics, Accountancy, TAX
- Professional Certifications: CA, Certification of GST, Certification of International Taxation, Analytics.
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Role: Financial Analyst, Industry Type: FMCG, Department: Finance & Accounting, Employment Type: Full Time, Permanent Role Category: Finance Education PG: CA in Any Specialization Key Skills Skills highlighted with ‘‘ are preferred keyskills Statutory auditInternal AuditTax Audit
📌 Senior Financial Analyst (Mumbai)
🏢 General Mills
📍 Mumbai