Ca Industrial Trainee

6 days ago


Powai Mumbai Maharashtra, India General Mills Full time

:
India is among the top ten priority markets for General Mills, and hosts our Global Shared Services Centre. This is the Global Shared Services arm of General Mills Inc., which supports its operations worldwide. With over 1,300 employees in Mumbai, the center has capabilities in the areas of Supply Chain, Finance, HR, Digital and Technology, Sales Capabilities, Consumer Insights, ITQ (R&D & Quality), and Enterprise Business Services. Learning and capacity-building is a key ingredient of our success.

**Job Description**:
Position Title

For Interns CA (Chartered Accountant)

Function/Group

Finance

Location

Mumbai

Shift Timing

Regular (11:00am-8:00pm)
- Shift (1:30pm -10:30pm)

Role Reports to

Assistant Manager / Manager

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.

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**

This JD is designed to be used for Campus interviews for graduates and CA Intern hiring across various FSS Operations Finance roles (e.g. in FPNA, Risk & Compliance, Statutory Finance, Corporate Finance etc.)

**KEY ACCOUNTABILITIES**

70% of Time - Operational Management
- Operational Management

**1.Central Forecast Team (Both, Regular and Shift)**
- **Submission of Financial Forecast, Spring Plan and PEAK support**:

- Ensuring a complete and accurate financial forecast is submitted, using vol from Demand team,
- Assisting with the compilation of decks for each Peak monthly meetings (PMR, DRM, MBR, SR),
- Collating information for HUB scorecard reviews.
- **Reporting and Analysis**:

- Preparing and distributing actual business results to stakeholders,
- Pricing and Expense (Admin, Marketing, Trade) consolidation and reporting,
- In-market measures for distributor markets
- **Daily Activities**:

- Ad-hoc reporting requests from business stakeholders,
- Preparation of CWC performance,
- Consolidating distributor trade spend forecast (TAF),
- Enter and amend customer pricing as requested,
- Validation & testing of new back-end flows,
- Checking accuracy of volume conversions in system.

**2. Statutory Financial Reporting (Shift timing)**
- Subject matter expertise & hands-on with Statutory US & Local GAAPs (IFRS), HFM, Consolidation
- Knowledge of US GAAP / IFRS and international auditing standards
- Experience with international tax structures and the translation of these structures to the financial statements
- Pro-actively maintains up to date knowledge of Accounting Standards and Regulations impacting General Mills.
- Lead & prepare various schedules required for internal and external reporting on a GAAP, statutory reporting basis, financial reports such as balance sheets, income statements, cash flow statements and footnote schedules.
- Pro-actively seeks areas to improve both the Statutory Reporting process Statutory reporting process & related internal processes
- Liaise with auditors and internal team as appropriate, to ensure that all local GAAP requirements are fulfilled
- Planning and Preparing Financial Statements
- Coordinate and plan the preparation of financial statements of Global Market / Markets (EUAU/ ASLA/ NAR)
- Initiate and prepare the financial statements in the reporting tool (Workiva & SAP) with at most accuracy.
- Get the financials reviewed by business controller / tax consultants / auditors and book the necessary adjustments in reporting tool and SAP.
- Support in filing the financials to relevant local authorities.

**3. Risk & Compliance (Regular)**
- Global Quality and Risk (GQR) Team is part of Finance Shared Services (FSS) vertical at GBS India Center. This team report to Finance Director.
- Thi



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