Assistant Commercial Manager

Role Purpose

Manage Corporate Commercial Finance and support marketing and sales function with instant information for decision making for existing portfolio and new projects.

Key Responsibilities

Financial Forecasting & Flash Reporting

• Prepare monthly P&L flash forecasts at cost-centre level
• Conduct variance analysis of forecast vs actuals
• Timely and accurate reporting

Management reporting of Brand financials

• Prepare Financial reports at LOB and SKU level
• Prepare State – wise / channel – wise profitability analysis
• Monthly and YTD comparisons vs LY
• Prepare Monthly Obsolete / D&L analysis reporting
• Timely and accurate reporting/financial insights

Ensure smooth month end accounting and inventory hygiene

• Estimate and record expenses for royalty, D&L, and trade and marketing spends
• Allocate general expenses for cost center accounting
• Provide for obsolete and expired inventory on monthly basis
• Ensure zero exceptions and all provisions are booked before month-end closure

Cost Card, Pricing & NPD Support

• Prepare cost cards for new product development
• Support pricing decisions through cost cards and gross margin
• Provide necessary data / analysis on brand spends to the brand team
• Time and accuracy of the information

Export business - Commercial Documentation

• Prepare Export / Import documentation (PO / PI) and submit to relevant stake holder and treasury for LC / Bank guarantees in compliance with Export pricing guidelines and regulatory requirements
• On-time documentation with all compliance

Audit & compliance

• Provide accurate audit data with respect to commercial activity
• Ensure closure of audit observations without any business implications
• Maintain documentation standards in line with internal control framework
• Zero audit findings and closure of all audit observations within agreed timelines

Educational Qualification & Experience

• CMA/CA -Inter/ ICWA-Inter/ MBA Finance.
• 2 – 4 years of experience preferably in a FMCG company

Required Skills

• Knowledge of commercial ERP applications preferably Oracle
• Knowledge of Computer operations – MS Office (Excel, PPT, etc)
• Strong understanding of P&L mechanics, cost accounting, and management reporting
• Analytical ability on Financial modelling