Company - Pidilite Industries limited
Position Title: Chief - Commercial Management
Location - Kondivita
Qualification: CA / MBA
Experience: 15 - 20+ Years
Roles & Responsibilities:
1. Policy formulation and implementation
Formulate policy manual covering all policies related to finance and commercial for all active subsidiaries.
Actively engage with Local Subsidiary teams to formulate/revise the policies.
Release and review of Commercial Manual
Custodian of Policy masters at HO
Implement the above policies in subsidiaries with relevant IT controls and reporting mechanism.
Periodic review of key policies and bring necessary changes based on i
2. Driving adherence and scorecards
Drive adherence to commercial polices by regular reviews.
Design scorecard to measure commercial health of each subsidiary
Roll out and implement the scorecard across subsidiaries
Define norms and method of scores
Keep track of scores and work with controllers to bring them at norms
3. Review and Reporting
Timely preparation and circulation of monthly and quarterly International subsidiaries report.
Drive periodic reviews for subsidiaries with management and attending
review calls focussing on commercial policies
Keep track of key policy areas like debtors, working capital, provisions etc. and report them monthly.
4. Understanding business and training needs
Understand the business of each subsidiaries, visit their offices, factory location and sales market. Make a detailed module / note for each subsidiary visited and identify areas for policy changes.
Identify individual training requirement needed to deliver the R&R for the function and prepare training plan accordingly.
5. Support role :Specific Select Subsidiaries
Work collaboratively with subsidiary to ensure timely release of subsidiary model business report with defined action plan for the key issues/concerns.
Ensure monthly finance review along with business head / CEO to discuss key concerns area and action plan thereof
Monitoring and follow up on action plan agreed during review meeting and ensure its implementation
Preparation of Monthly consolidated Sales and Intl/Domestic Flash report for management reporting
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