Assistant Manager - Commercial Finance

Assistant Manager - Commercial Finance

Position Title: Assistant Manager - Commercial Finance

Position Type: Regular - Full-Time ​

Position Location: New Delhi

Requisition ID: 31670

We are passionate about food. But we’re even more passionate about our People!

About the role:

This position will be based at Gurugram and reporting to the Commercial Controller.

Responsibilities and Accountabilities:

Analytics & Insights

- Development of revenue and Receivables dashboards bringing actionable insights for business
- Preparing the Zonal Channel P&L; for Retail, FS, KA & MT level on monthly basis - Actuals & Estimates.
- Preparing key insights at Territory level for the topline, GP, Mix etc.






- Bring out analytics using BI & other tool for Business decision making
- Preparing & sharing the Cash Committee inputs (Actuals & forecast) on a monthly basis for Cash
- Committee and place necessary controls for DSO achievement as per targets

Business partnering with Sales & Strategy Teams

- Monthly Commercial Connects for FS & Retail Business with Sales Team - ZSM & ASM. Prepare the

- commercial deck with Claims, Ageing, NCC, FSSAI status for review at zonal level.
- Driving 100% NCC compliance on quarterly level by collaborating with the stakeholder.
- Driving 100% FSSAI compliance by sending weekly reminders, ensure no non-compliance, monthly
- review of sales for the expired/near expiry FSSAI customers.
- Managing Trade spends, Selling Media & Marketing spends:
- Evaluating business spend (investment) scenarios with cost benefit analysis
- Collaborate with Sales team for Valid expenditure request, Creating and sharing IO and
- ensure correct provisioning in SAP, utilization and true-ups at month end.






- Preparing the MIS for monthly spends vs Budget and Last year with analysis on per kg
- spends/ other parameters
- Preparing and sharing the Monthly provision utilization tracker
- Collaborating with the Channel team for Estimates working, consolidation, review and
- clearance from leadership.

Control & Governance

- End to End responsibility of internal Audit (processes/ transactions/ reporting)
- Accountable for Annual Statutory Audits for Commercial areas
- Review of 3P manpower cost on annual basis
- Responsible for annual IFC compliance for OTC, Freezer, T&E; & 3P Payroll

Operational Controls

- Daily review of the order release to review credit extension & support Business continuity as per

- requirement for order processing.






- Review the customer clearing hygiene on regular basis and support Business continuity as per the
- requirement for clear customer ledgers.
- Global Job Description
- Review the issue log on daily basis and take necessary action to provide permanent fix for the
- recurring issues.
- Review the AR ageing report on weekly level- Preventive action by highlighting defaulting
- Distributors/ customers, stop order release and highlight for suitable action.
- Analyzing & Providing for Doubtful debts on monthly level as per policy.
- Review customer ledgers before sharing for the assigned Zones.
- Resolving TCS/TDS & GST issues of DB of assigned Zones.
- Liasoning with AP and Banking team to address Receivable related issues if any






- Monthly filing of BRC with Authorized Dealer Bank and updating IDT team on monthly level for
- claiming timely export incentives.

Month end Closure & review

- Reconciliation of balances with Affiliates as per the timelines
- Governing period end entries for 3P Salary, Incentive , T&E; bookings in SAP and review controls
- Period end Bookings of TS SMM provisions and provision reversal against actual bookings of the

- month
- TDS and TCS posting in SAP and sharing DB level details for filing to AP team.

Product Pricing:

- Responsible for price updates in SAP as per SOP upon Business requirement.
- Review the Price variance at GS level and issue DN/CN and corrective actions to ensure zero revenue

- leakage.






- Collaborate with the Channel teams to prepare the revised pricing and ensuring required approvals
- as per SOP for price updates.
- Support and collaborate in provide relevant analysis at SKU level & competition PPG to support
- Business Decision

New product development:

- Partner with project managers to ensure detailed project charter for cost, pricing and financial
- proposal.
- Ensure business case sign off and periodic tracker Vs actual performance
- Distributor/ Customer Management
- Review and approve customer/distributor code opening in system.
- Periodic review of distributor database in SAP and maintain commercial hygiene.
- Revamping Distributor Management process through SOP and Distributor Audits
- Periodic review of SOPs and policies






- Responsible for sharing relevant MIS and analytics with sales team on a periodic basis

Modern Trade, Key Account & QSR Account Reconciliations

- Responsible for arranging quarterly reconciliation of all direct MT customers.
- Continuous follow up to clear over-dues & arrears if any and ensure collection of money on time.

About you:

- Qualified Chartered Accountant with > 4 years of post-qualification experience
- Minimum 2 years of experience in Commercial finance/ FP&A;
- Expert in financial modelling, scenario planning and analytical skills
- Working Knowledge of SAP
- High level proficiency in MS-Excel / MS-Word / PowerPoint/ Power BI

Key Competencies:

General

- Should be customer obsessed to ensure maximum partnership with the business.






- Should act like owner and hence ensures accountability of approach, actions and outcomes.
- Should be capable of bringing out best from team members to achieve overall deliverables.
- Collaborative – Ability to build trust & sustainable interpersonal relationships with multiple

- stakeholders. Able to build and maintain lasting relationships with other departments, key
- business partners and government agencies.
- Strong Technical Skills in terms of Financial Implications, risk and Governance.

- Ability to work under pressure, meet deadlines and drive projects to completion

If you are looking to be part of a flourishing and energetic environment! Join a recognized brand known throughout households across the globe!

McCain Foods is an equal opportunity employer.





We see value in ensuring we have a diverse, antiracist, inclusive, merit-based, and equitable workplace. As a global family-owned company we are proud to reflect the diverse communities around the world in which we live and work. We recognize that diversity drives our creativity, resilience, and success and makes our business stronger.

McCain is an accessible employer. If you require an accommodation throughout the recruitment process (including alternate formats of materials or accessible meeting rooms), please let us know and we will work with you to meet your needs.

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▶️ Assistant Manager - Commercial Finance
🖊️ mccainfood
📍 Gurugram