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Sr. Financial Analyst

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Job Description

Position Title

Senior Financial Analyst -ESC

Function/Group

Finance Shared Services

Location

Mumbai

Shift Timing

1.30 pm to 10.30 pm

Role Reports to

Manager - FP&A

Remote/Hybrid/in-Office

Hybrid

About General Mills

We make foodthe world loves: 100 brands. In 100 countries. Across six continents. With iconic brands like Cheerios, Pillsbury, Betty Crocker, Nature Valley, and Haagen-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

us into the future as an innovative force for good. General Mills was founded in 1866 when Cadwallader Washburn boldly bought the largest flour mill west of Mississippi. That pioneering spirit lives on today through our leadership team who upholds a vision of relentless innovation while being a force for good. For more details check out

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.

With our team of 1800+ professionals, we deliver superior value across the areas of Supply chain (SC) , Digital & Technology (D&T) Innovation, Technology & Quality (ITQ), Consumer and Market Intelligence (CMI), Sales Strategy & Intelligence (SSI) , Global Shared Services (GSS) , Finance India and Human Resources Shared Services (HRSS).For more details check out

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.

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Purpose of the role

As a Financial Analyst on the External Supply Chain Finance Team, you will have a unique opportunity to enhance your skills in process excellence, situational agility, and strategic partnership. In this position, you will oversee the external supply chain finance functions for designated external manufacturing locations. You will act as the primary liaison for the company, fostering strong relationships with the ESC Finance Team and external manufacturing partners. Additionally, you will provide analytical support to the Minneapolis ESC team and the Mumbai Supply Chain Finance Centre of Excellence.

Come join the Global Supply Chain Finance team for this unique opportunity to be a part of a team that will drive impactful change and value to the business!

Key Accountabilities

70% of Time: Communication: Email, Telephonic, Live Meeting & IM

Communication with External Manufacturers primarily for Inventory, Payables, Materials Usage, Volume analysis, Payment variances, Actual V/s Plan volume analysis, Product Costing variances and ad-hoc queries received from external manufacturers as well as ESC group in Mpls.

10% of Time: Month end activities:

Create accrual entries

Volume estimates

DMS and VMS reporting

20% of Time: Daily Activities:

Product Costing Setup (ZMAX)

Maintain Product Costing Accuracy

Manage Auto Payments & Accuracy

Invoice Coding and approval

Inventory Stock Adjustment review and approval

Usage Analysis (Monthly Annual)

Contract Review

Should be able to manage supply chain functions for designated manufacturing locations. The responsibilities will involve:

Product Costing Setup

Maintain Product Costing Accuracy

Manage Auto Payments & Accuracy

Invoice Coding and approval

Stock Adjustment/Usage Review/Approval

Manage Negative Inventory & Analysis

Test/Start-Up Budget Review

Monthly Reporting

Review cost center for accuracy and identify, assist and approve the posting of necessary accruals

Provide explanations for assigned manufacturing locations for payment variances

Manage manufacturing volumes for YTD, MTD adjustments

Manage Payment Variance for assigned manufacturing locations

Assist in completion of monthly financial deck, as necessary

Manage Budgets (Spring Plan)

Complete Spring Plan location budgets

Schedule/lead Contract Manager input meetings

Complete SAP vs. BPC tie-outs

Assist in completion of Spring Plan reporting

Other Responsibilities:

Supporting HMM discovery and ideation

Support Continuous Improvement - identify process improvements, engage in creating and putting in place improvements (i.e. utilizing YY or Focused Improvement) and communicate to broader ESC group

Partnership with Supply Chain Center of Excellence and Minneapolis HQ Supply Chain Finance team

Should be a one-point contact to Manufacturing Partners

Provide inputs for ad-hoc requests and high-level analysis requested by Minneapolis counterparts

Partner with Supply Chain Ops team and broader Supply Chain team (Contract Manager, Logistics, Sourcing, Engineering, OBM, etc.) on designated projects

Assist Finance Operations Managers group to adhere to GMI reporting & control policies and procedures

Engagement with other Mumbai Finance team (CI and other initiatives)

Strong communication, leadership, and influencing skills

Process Excellence, able to make process improvements, and effectively organize work

Situational agility, comfort navigating ambiguity

Strong analytical skills and problem-solving ability

Global and/or cross-functional team partnership

Previous Supply Chain or Supply Chain Finance experience

Experience with SAP ERP/IEP or system proficiency (ability to get up to speed quickly

Minimum Qualification

Full Time graduation from an accredited university (Mandatory)

Professional Certification: B. Com

7+ years of related experience

Preferred Qualification

Master's degree

7 to 9 years of related experience

Major Area of Study: Finance, Analytics, Accountancy, Costing

Professional Certifications: CA, MBA, PGDBA, MMS


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About Company

In sourcing our oats, we seek out oat varieties that can better withstand heat and drought and are higher in beta glucan.

Job ID: 146463763

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