Senior Commercial Finance Manager

7 days ago


Mumbai, Maharashtra, India Allied Blenders & Distillers Ltd. Full time

About Allied Blenders & Distillers Ltd:

As the largest domestic spirits company in India, Allied Blenders & Distillers Ltd is a leader in the IMFL industry. With a presence in almost all categories within the spirits industry, the company has established itself as a major player globally.

Job Overview:

We are seeking a Senior Commercial Finance Manager to join our team. The successful candidate will be responsible for driving robust commercial negotiations, monitoring and controlling budget versus actual spend, and managing project-wise financial risks.

Key Responsibilities:

  • Commercial Negotiations: Work closely with business teams to drive strong commercial negotiation processes, assess vendor financial capability, and evaluate delivery reputation.
  • Budget Control: Monitor line-level budget versus actual spend controls through SAP, ensuring effective financial management.
  • Financial Risk Management: Manage project-wise financial risks arising from project timeline, cost, and changing business dynamics.
  • Cash Flow Optimization: Collaborate with the treasury team to optimize outflows, including payment terms with vendors and bill discounting opportunities.
  • Project Cost Capitalization: Maintain overall governance of project cost capitalization processes to align with financial objectives and SOP.

Requirements:

  • Qualifications: CA or MBA Finance from Tier 1 or Tier 2 B School
  • Experience: Minimum 5 years of experience in commercial finance, preferably in the spirits industry.

Salary Range: ₹80 lakhs - ₹1 crore per annum, depending on experience.



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