Factory Commercial Manager- Pondicherry

2 days ago

Puducherry, Puducherry, India Marico Full time ₹ 5,00,000 - ₹ 15,00,000 per year

Purpose of the Role:

The purpose of this role is to drive excellence in commercial compliance as well as establish & ensure financial and commercial controls in plant.

Qualification & Experience:


• Qualifications- CA- 1st Attempt


• Experience: 2-4 years preferably in commercial finance role

Key Deliverables of the Role:


• Responsible for accounting control and monitoring systems for the plant.


• Reviewing and monitoring manufacturing profitability of the plant and product.


• Budgeting and budgetary controls.


• Analysis of capital expenditure and returns on them.


• Compliance to statutory requirements w.r.t accounting principles and guidelines.


• Identification, monitoring and control of commercial related issues for the plant.


• Asset Management


• Supply chain management at the plant from inventory control to finished goods dispatches as per requirement.


• Responsible for the procurement of decentralized items.


• Price discovery and monitoring of KPIs for the procurement of decentralized items.


• Inventory management for Raw material, Packaging material, FG, Engineering stores for the plant and sub-contract plants.


• Compliance management-GST, Income tax etc.


• MIS and variance analysis of financial KPIs.


• Negotiations with vendors.


• Value creation through implementation of new ideas/initiatives and benchmarking exercises.


• Strengthen GRC (Governance, Risk and Compliance) framework.


• As a core member of the plant will be part of important decision making on the plant functioning.

Knowledge, Skills & Competencies:


• Commercial Acumen ROI led influencing to create win-win for all stakeholders, analyse commercial realities and opportunities for value creation


• Business Acumen –understands business value chain


• Networking and influencing –appreciates and at times challenge multiple perspectives


• Planning & Execution –prioritization and allocation of resources


• Data Analytics
• Knowledge of manufacturing and procurement fundamentals


• Knowledge of working in ERP environment


• Systems & Process Orientation


• Leadership & Coaching Skills


• Detailing


• Analytical Bent of Mind

Reporting Relationships:

Upwards – Works Head (Plant Head) & Matrix reporting to Head Commercial

Downwards – Team of commercial officers Growth Path & Future The role holder can move to various roles in Finance function of Marico -Business Finance, Business Commercial, and Corporate Finance in India & International business

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