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FA - ESC & Warehouse
1 week ago
Position Title
FA-ESC & Warehouse
Function/Group
Finance Shared Services
Location
Mumbai
Shift Timing
1.30 pm to 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 innovation while being a force for good. For more details check out
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 Shared Services (FSS) and Human Resources Shared Services (HRSS).For more details check out
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.
For more details about the Function please visit this Link
Purpose of the role
Job Overview
Manage supply chain finance functions for designated external manufacturing locations. Be a front face and the first point of contact to the company and build a robust relationship with external manufacturing locations. Will be responsible for Financial Accuracy of External Supply Chain Locations and at finished product warehouses as part of the Supply Chain Accounting team. This position would support the ESC & Warehouse FSL.
KEY ACCOUNTABILITIES
70% of Time Communication: Email, Telephonic, Live Meeting & IM
- Communication with External Manufacturers primarily for Inventory, Payables, Materials Usage, Volume analysis, Payment variances, Actual V/s Plan volume analysis, Product Costing and Manufacturing Variances.
- Communication with Logistics, Warehouse Operators, SC Accounting global center of excellence, Finance.
10% of Time Month end activities:
- Approve journal entries
- Cost Centre Review
- Account Reconciliations
- Variance Analysis & reporting
20% of Time Daily Activities:
- Inventory Stock Adjustment review and approval
- Usage Analysis (Monthly / Annual)
- Act as business process liaison between many different - Planning & Analysis, SC Reporting, Logistics, Sourcing, ESC FA
- Contract Review
- Oversight of inventory activities performed by internal and third-party-warehouse employees
- Escalation point for accounting and control questions at each site
PREFERRED QUALIFICATIONS
Preferred years of related experience: 5 years Preferred Major Area of Study: Finance, Analytics, Accountancy, Costing Preferred Degree Requirements: Masters Preferred Professional Certifications: CA, MBASpecific Job Experience or Skills Needed
ESC experience is good to have.
Should be able to manage supply chain functions for designated manufacturing locations. The responsibilities will involve:
Ensure financials are accurate and aligned with ESC SP budget Approval of ESC toll rates and Journal Entries > $100M Lead raw material usage calls with top tier ESC locations Ensure proper accounting controls and procedures are followed Provide support and insight to External Supply Chain Financial and Operations teams Identify and communicate Risk and Opportunities to ESC Guidance Analyst Participate in Strategic Partner Alliance meetings Key point of contact between ESC Financial Analysts and Manufacturing Process Leads Continually recommend action for system/business process improvements to increase productivity and reduce workload in department Keep up-to-date on business/system enhancements and communicate to department Coordinate or assistant in cross-functional projects Capital (PPE and Lease) accounting lead for ESC and Manufacturing.Monthly Reporting
Resolve and/or explain monthly variances - cost center and production orders for ESC and production orders for GMI Mfg PlantsManage Budgets (Spring Plan)
Complete Spring Plan location budgetsOther Responsibilities:
Supporting HMM discovery and ideationSupport Continuous Improvement – identify process improvements, engage in creating and putting in place improvements (i.e. utilizing YY or Focused Improvement) and communicate to broader ESC group
Act as business process liaison between many different departments - Logistics, Warehouse Operators, SC Accounting global center of excellence, Finance Month-end close activities, including journal entries and account reconciliations Oversight of inventory activities performed by internal and third-party-warehouse employees Fixed budget development and monthly variance analysis Invoice approvals Escalation point for accounting and control questions at each siteCompetencies/Behaviors required for job
- Offers new ways of doing things and understands associated risks
- Shifts priorities quickly when necessary
- Understands and applies knowledge of competitive position of division or function
- Seeks coaching about the business drivers and how to apply creative ideas
- Experiments with new approaches
- Presents complex data in a manner appropriate to audience
- Aligns priorities with business strategy and vision
- Analyzes successes and failures to learn and continuously improve
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.
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