Position Title | Financial Analyst – FP&A | Function/Group | Finance |
Location | Mumbai | Shift Timing | 1.30 PM – 10.30 PM |
Role Reports to | Manager – FP&A | Remote/Hybrid/in-Office | Hybrid |
About 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 Häagen-Dazs, we’ve 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 the Mississippi. That pioneering spirit lives on today through our leadership team who upholds a vision of relentless innayovation while being a force for good. 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 that’s 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.
Purpose of the role
The Analyst role provides key support to aid in the financial management of trade and ensures accuracy, audit, and control of trade funds/promotions and pricing for the General Mills Business.
This position is responsible for providing Reporting, Analytics & Visualization support to the Sales Finance Analyst, Sales & other Stakeholders to aid their day-to-day decision making. Also, will be responsible for maintaining, validating, and auditing business data for consistency and accuracy
Additionally, the Analyst role provides support to the business on pricing action consultation by understanding the requirement, translating in the correct format, and updating in the system adhering to SOX and audit requirements
Key Accountabilities
Reporting & Analysis Prepare and publish excel/visualization dashboards for Trade movement and margin with various cuts as per customer, category, monthly/quarterly/annual comparisons etc. Planning, budgeting, & updating trade funds in partnership with Sales Finance team Variance analysis for Off- invoice and trade funds Proactive Management of Aged Promotions to help enable timely Rightsizing /Finalizing and identify trade fallout opportunity through Trade fallout and stale promotion report Manage Overspend & Underspend – Audit, Reporting, Root Cause Analysis & Follow ups Support process for monthly review of promotions through Trade explanation report Proactively manage the price templates to ensure accurate approval sequence, formatting, formulas, etc. Provide historical comparative framework and guidance around future pricing execution Challenge status quo in seeking new solutions and recommending opportunities for standardization & enhancement Prepare and approve Trade Reporting and Reconciliations for plan vs actual Create Journal Entries for trade adjustments Sales Financial Statement preparation, review & analysis
Month end activities and Price update Prepare & post trade accrual entries prepare monthly SOX reports for Customer & Initiative routing to Sales FA and Sales Director Ensure timely approval & retention of documentation for SOX audit purposes Follow the approval sequence and review the form for meeting all feasibility and compliant requirements of pricing Load the new pricing in the SAP/Trade system and research for failure in load to fix the root cause for future updates REport and investigate in case of incorrect pricing: order and system troubleshooting Timely update of details in system & monthly/annual updates to tools/dashboard
Support to Stakeholders Partner with business stakeholders on various business development & analysis project Perform data/system maintenance to support business processes and changes Prepare deck for Leadership Team Enable savings
Minimum Qualification
Education – Full time graduation from an accredited university Bachelors Required Professional Certifications - BCom., BMS, BAF etc. Minimum years of related experience required – 5 Years
Preferred Qualification
Masters Preferred Major Area of Study: Finance, Analysis and Accounting Preferred Professional Certifications: CA, MBA, Finance Masters Preferred years of related experience: 3 years
Specific Job Experience or Skills Needed
Support Continuous Improvement – identify process improvements, engage in creating and putting in place improvements (i.e. utilizing YY or Focused Improvement) and communicate to sales finance teams to drive improvements Partnership with Sales Finance team along with Trade Support teams in GBS Provide inputs for ad-hoc requests and high-level analysis requested by counterparts Partner with Finance organization on designated projects Communicate effectively with supervisors & co-workers Strong technical finance and accounting background. Strong Excel knowledge and database skill. Strong analytical and problem-solving skills Strong organizational skills Basic knowledge of Trade cycle/ Order to cash cycle Team player and have ability to work independently
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COMPANY OVERVIEW
We exist to make food the world loves. But we do more than that. Our company is a place that prioritizes being a force for good, a place to expand learning, explore new perspectives and reimagine new possibilities, every day. We look for people who want to bring their best — bold thinkers with big hearts who challenge one other and grow together. Because becoming the undisputed leader in food means surrounding ourselves with people who are hungry for what’s next.