Executive - Finance

1 week ago


Powai Mumbai Maharashtra, India General Mills Full time

**Job Description**:
Position TitleExecutive - Finance

Function/GroupFinance Shared ServicesLocationMumbaiShift Timing11 am to 8 pmRole Reports toAssociate Assistant ManagerRemote/Hybrid/in-OfficeIn office**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

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.

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
- Monitoring daily bank positions.
- Tracking & ensure Compliance with RBI regulations related to import & export.
- Correspondence with Bank.
- Question, recommend, influence and lead process changes to enhance team / process efficiency.
- Accounting entries related to banking transactions.

**KEY ACCOUNTABILITIES**

70% of Time - Monitoring daily Bank positions.- Getting quotes from Banks and internal approvals for loans.
- Ensuring disbursement and repayment with necessary approvals.
- Correspondence with Bank.
- Tracking & ensure Compliance with RBI regulations related to import & export.
- Updating Bank account signatory & KYC.
- Co-ordinating with Bank for statement requirement, documentation, statutory audit requirement
- Co-ordination with export team for export data & arranging shipping bills/ BRC.
- Other ad-hoc activities related to co-ordination with Bank
- Example:

- NOC.
- Signatory review
- Accounting entries related to Banking transactions.
- Support in stat audit.
- 20% of Time - Ensure timely preparation of business reports and sharing same with Business- Identify, initiate, & implement process improvement ideas, Initiate & implement macros in process to track execution data using tools like MS-Access, Excel.
- 10% of Time - Control on scan/ physical documents
- Record Retention- Ensure Invoice tracker and other trackers are updated daily
- Co-ordinate with Recall / Binder for retrieval of documents

**MINIMUM QUALIFICATIONS**
- Education - Full time graduation from an accredited university (Mandatory
- Note: This is the minimum education criteria which cannot be altered)
- Minimum years of related experience required: 1-2 years

**PREFERRED QUALIFICATIONS**
- Preferred Major Area of Study: Accountancy, Banking & Finance
- Preferred years of related experience: 3 -4 years

**Specific Job Experience or Skills Needed**
- Has worked in Indian Accounting process.
- Has knowledge of banking & treasury operations.

**Competencies/Behaviors required for job**
- Delivers outstanding results
- Leading Innovation by identifying and suggesting process improvements
- Financial acumen

**Additional Information**

Advanced MS Office computer skills preferred (Word, Excel - must, Access, Outlook, SharePoint)

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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