Job Description

Business: Piramal Consumer Healthcare
Department: Finance
Location: Kurla, Mumbai
Travel: Low

Job Overview

The incumbent will be responsible to analyze financial and management information, prepare business plan, provide tools for strategic decision making, plan and evaluate new business proposals, handle daily MIS, assist Business Headsto ensure that business decisions are directed to meet financial goal, ensure financial hygiene in business verticals, effective distributor management & manage internal controls & processes including audits

Key Stakeholders: Internal

Sales Team, Marketing, HR, Operations, Supply chain, Sales IT & Analytics, Strategic Marketing, R&D

Key Stakeholders: External

Retail Outlets, Distributors, Customers, vendors

Reporting Structure

Vice President- Finance

Experience

Minimum 8 to 10 years of post qualification experience in OTC, FMCG , Ecommerce companies 2 to 3 years of exposure in support ecommerce function Good knowledge of financial/business processes Should have experience in managing distributors / marketplace accounts / quick commerce accounts / other customers Experience in SAP FICO module Experience in Automation Good interpersonal skills, good analytical skills Proficient in Excel , PowerPoint (mandatory)

Financial Analysis and Reporting

Issue, timely and accurate reports on receivables, in prescribed format, after obtaining
explanations from Sales for outstanding amounts beyond the norms, overdue outstanding, etc.


Analyze and disseminate various business indicators through reports like variance analysis,
trend analysis, etc.


Prepare the detailed financial and budgetary plans for the Business within the broad planning
direction


Track provisions and spends against budgets for Ecommerce business Approve claims from ecommerce distributors Ensure that all risks and opportunities are taken into account during planning Challenge the expense levels and suggest alternatives to ensure better use of budgetary
discipline, cost reduction & introduction of new products


Report on exceptions in discounts, credit notes along with corrective actions, initiating various
ideas on its reductions.


Provide knowledge support to the Financial Accounting team Maintaining and regulate product price control, ensuring GST, DPCO and other financial
regulatory compliances.


Maintain credit control as per credit policy Scrutiny of new distributor appointments, accounts
reconciliations


Co ordination with CFA for ensuring proper accounting of sale returns, discounts, schemes,
credit notes, chq bounce etc


Handling the statutory audit and Internal audit of the business; Coordinating with Zonal & Area sales teams for sales related MIS. Developing, maintaining/establishing of the internal control system; Liaisoning with internal stakeholders like GBSS to ensure correct accounting of entries; on time
payment to vendors

Maintain Systems and provide information support

Establish and maintain Systems and Controls, Which verify the integrity of all systems, Process
and data, and enhance the divisional value.


Support information requirements for decision making by ensuring documentation and robust
system


Maintain an enterprise wide analytical MIS pack which helps the Senior Management in
monitoring the key KPIs across the business

Demonstrate Business Acumen and Strategic capability

Plan key business initiatives for the Company to achieve projected KPIs by providing strong
support to the management


To actively spot key trends, opportunities and performance levels Provide directions to the business through strong risk management and information system Assist Business Head in ensuring that business decisions are directed to meet financial goal Analyze viability of new business opportunity
Interact with other departments in supporting business decisions.

People Management and Development

Lead, recruit, grow and retain high caliber talent to build competent teams. Empower team members to move across existing opportunities and take on responsibilities
independently