Job Description

:

Shift Time - 1:30 PM-1030 PM

Position Title: Financial Analyst - ESC Function/Group: Finance
Country: India Location: Mumbai
Recommended Level: PG 50 Job Type: Full time
Role Reports to: Manager - Financial Analysts Geographical Scope of the Role - Location: Global
Percentage of travel required: Minimal

Job Overview
Manage supply chain finance functions for designated external manufacturing locations. Be a front face to the company and build a robust relationship with external manufacturing locations. Provide analytical support to Mpls ESC Finance team and Mumbai Supply Chain Finance Center of Excellence.

Job Responsibilities
(Consider listing the primary duties/responsibilities of the role and the approximate percentage of time spent on overreach area during the course of a year. Percentages should add up to 100%. Do not list any duties or responsibilities that require less than 5% of the role's time.)
Please use the following rows to clarify the responsibilities.
70%
of Time Communication: Email, Telephonic, Live Meeting & IM
- Communication with External Manufacturers primarily for Inventory, Payables, Materials Usage, Volume analysis, Payment variances, Actual V/s Plan volume analysis, Product Costing variances and ad-hoc queries received from external manufacturers as well as ESC group in Mpls.
10%
of Time Month end activities:
- Create accrual entries
- Volume estimates
- DMS reporting
20%
of Time Daily Activities:
- Product Costing Setup (ZMAX)
- Maintain Product Costing Accuracy
- Manage Auto Pay Payments & Accuracy
- Invoice Coding and approval
- Inventory Stock Adjustment review and approval
- Usage Analysis (Monthly Annual)
- Contract Review

Desired Profile

Education

Minimum Degree Requirements: Bachelors
Preferred Degree Requirements: Masters
Preferred Major Area of Study: Finance, Analytics, Accountancy, Costing
Required Professional Certifications: CA, MBA
Preferred Professional Certifications: CA, MBA

Experience

Minimum years of related experience required: 4+ years
Preferred years of related experience: 4-7 years

Specific Job Experience or Skills Needed
Should be able to manage supply chain functions for designated manufacturing locations. The responsibilities will involve:

• Product Costing Setup
• Maintain Product Costing Accuracy
• Manage Auto Pay Payments & Accuracy
• Invoice Coding and approval
• Stock Adjustment/Usage Review/Approval
• Manage Negative Inventory & Analysis
• Test/Start-Up Budget Review

Monthly Reporting

• Review cost center for accuracy and identify, assist and approve the posting of necessary accruals
• Provide explanations for assigned manufacturing locations for payment variances
• Manage manufacturing volumes for YTD, MTD adjustments
• Manage Payment Variance for assigned manufacturing locations
• Assist in completion of monthly financial deck, as necessary

Manage Budgets (Spring Plan)

• Complete Spring Plan location budgets
• Schedule/lead Contract Manager input meetings
• Complete SAP vs. BPC tie-outs
• Assist in completion of Spring Plan reporting

Other Responsibilities:

• Supporting HMM discovery and ideation
• Support Continuous Improvement - identify process improvements, engage in creating and putting in place improvements (i.e. utilizing YY or Focused Improvement) and communicate to broader ESC group
• Partnership with Supply Chain Center of Excellence and Minneapolis HQ Supply Chain Finance team
• Should be a one point contact to Manufacturing Partners
• Provide inputs for ad-hoc requests and high level analysis requested by Minneapolis counterparts
• Partner with Supply Chain Ops team and broader Supply Chain team (Contract Manager, Logistics, Sourcing, Engineering, OBM, etc.) on designated projects
• Assist Finance Operations Managers group to adhere to GMI reporting & control policies and procedures
• Engagement with other Mumbai Finance team (CI and other initiatives)

Competencies/Behaviors required for job
- Offers new ways of doing things and understands associated risks
- Shifts priorities quickly when necessary
- Understands and applies knowledge of competitive position of division or function
- Seeks coaching about the business drivers and how to apply creative ideas
- Experiments with new approaches
- Presents complex data in a manner appropriate to audience
- Aligns priorities with business strategy and vision
- Analyzes successes and failures to learn and continuously improve