Financial Analyst

Position Title

Financial Analyst - India

Function/Group

Finance Shared Services

Location

Mumbai

Shift Timing

11 am to 8 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

Support the Global Emerging Markets (GEMS) – India Non Atta Retail business with the end-to-end planning process (PEAK), helping to enable consistent profitable growth. Ensure a complete and accurate financial forecast is submitted each cycle as well as providing stakeholders with both standard and ad-hoc reporting. Leverage & find efficiencies in the financial systems, forecast tools and document flows, while always ensuring strong compliance with internal controls.

KEY ACCOUNTABILITIES

60% of Time

 Submission of Financial Forecast, Spring Plan and PEAK support: Non atta Retail Business:
- Ensuring a complete and accurate financial forecast is submitted, using vol from Demand team,
- P&L rollup monthly, yearly business planning cycle of Non Atta Retail India business.
- Assisting with the compilation of decks for each Peak monthly meetings (PMR, DRM, MBR, SR),
- Will also require to attend the consensus forecast meetings with Business stakeholders and CFTs with cross functional stake holders for Non Atta Business

20% of Time

Reporting and Analysis:
- Provide financial and business insights through: robust analysis, generating value-added management reports, and identifying and monitoring performance metrics that deliver top tier business results.
- Setting up and tracking of Marketing, Trade, Advertisement and Admin budgets.
- Co-lead with the business partner in the profit management of business, objective assessment of risks and opportunities

20% of Time

GEMs Reports, MIS consolidation and support in Peer market analysis
- Will need to support the team in All India Gems Reports consolidation and submission
- Financial analysis of Peer Competitor for key market Insights
- Any MIS consolidation for India Finance

MINIMUM QUALIFICATIONS

· Minimum Degree Requirements: Bachelors

· Minimum years of related experience required: 4+ years

· Required Professional Certifications: B.Com

PREFERRED QUALIFICATIONS

· Preferred Degree Requirements: Masters

· Preferred Major Area of Study: Finance, Analytics, Accountancy,

· Preferred Professional Certifications: CA

· Preferred years of related experience: 3-5 years

Specific Job Experience or Skills Needed

Should have a strong level of financial & business acumen as well as a good competency in Excel. Also needs to be comfortable working with ambiguity, making decisions and trusting their judgement while completing their duties.

Submission of Financial Forecast and PEAK support
• Use BPC forecast system to ensure all financial inputs are inputted and accurate,
• Critically review forecast output for missing or outlier datapoints,
• Closely liaise with the business finance team with regards forecast submission and output each month,
• Build standardized Peak decks for each monthly meeting (PMR, DRM, MBR, SR),
• Work with stakeholder to put together financial scorecard for each HUB review.
Monthly Reporting
• Monthly actual performance report (vs FCST, SP, LY etc), prepare and distribute to stakeholders,
• Detailed financial summary maintained and refreshed each month,
• Expense (Admin, Marketing, Trade) consolidation and reporting,
• Prepare & distribute NPD sales and distribution for each forecast,
• Monthly Trade spend report with accruals and claims by Customer/Distributor,
• SRM/HMM consolidation and reporting.
Pricing/TP
• Maintain Pricing and TP summary reports,
• Add/Maintain customer pricing in SAP,
Other Responsibilities:
• Ad hoc stakeholder reporting requests (Market/Brand/Pack performance, Time period analysis, customer performance etc)
• System checks and testing (New flow validation, Volume conversion,
• Compilation of CWC actuals.

Competencies/Behaviors required for job

• Presents complex data in a manner appropriate to audience
• Comfortable working as a team or autonomously
• Shifts priorities quickly when necessary
• Seeks coaching about the business drivers and how to apply creative ideas
• Offers new ways of doing things and understands associated risks
• Understands and applies knowledge of competitive position of division or function
• Experiments with new approaches
• Aligns priorities with business strategy and vision
• Analyzes successes and failures to learn and continuously improve

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.