Business Finance Executive

Job description

Key Deliverables of the Role • Ensure material account closing and correct allocation of all Plant and depot expenses i.e., Sales commercial common expenses. • Supporting BFM in closing Actual Financials • Supporting other BFM’s in analysing exceptional hit/gain in cogs of their Brands. • Preparing data for Updating masters in Tableau of Profit forecast and to generate NR details during Actual’s analysis. • Preparing, updating data in Tableau and supporting BFM in releasing Ex-com report. • Preparing Working Capital report Actuals, Monthly forecast and Budgeted. • Supporting BFM in preparing Profit Forecast • Addressing issues raised by Plants for Standard setting, maintaining exception table for map error or cake order. • Providing support to BFM in generating reports from SAP for analysis and helping analysis. • Providing support to cross functional teams in understanding reports or data relating to Material accounting or sales or Material ledger accounting. • Providing reports or data or explanations to various internal audit teams as and when they seek information. • Ensuring masters are updated as and when new products or brand is launched. Co-ordinating with SAP master’s team to ensure the same. • Preparing multiple schedules of Audit requirement during quarter closing and additional schedules during Year end closing. • Liaising with statutory auditors to clear audit queries during quarterly and yearly closing. • Prepare accurate and timely financial reports and doing month end closing activities for P&L finalization. • Preparing profit forecasts by taking inputs from various stakeholders. • Doing variance analysis by comparing actuals vs forecasts and budgets and finding the reasons for variations. • Carrying adhoc analysis (competition benchmarking, new product business case etc) in collaboration with cross functional teams. • Generating reports from SAP and doing deep dive on various cost heads including MM modules. • Providing support to cross functional teams in understanding reports relates to material ledger accounting. • Liaising with statutory auditors to clear audit queries during quarterly and yearly closing.