Assistant Manager - Financial Accounting

Job Title: Assistant Manager - Financial Accounting

About the Function:

Our Finance team deliver sustainable growth for our business, customers, and much-loved brands. We're part of a $12.2 billion gross profit organisation, responsible for driving an exceptional level of performance and creating the potential for future growth.

Whether we're utilising our digital capabilities and analytics to inform our business strategy or creating capacity to invest in the future - no two days are the same in our Finance team. Wherever your skills lie, we'll help you to learn and develop, supporting you along the way in our inclusive culture.

About the team:

About the role:

The role is responsible for handling unit finance operations of multiple third party owned manufacturing units with bottling and distillation operations for Diageo India and includes activities around fund management, vendor management, month-end closures/ reporting, supporting in audits, tracking cost sheets, and ensuring SOX compliance:

• Support business and operation team in all finance matters and periodic Operational reviews.
• Responsible for insight building and managing & monitoring Make productivity initiatives of the unit.
• Lead the Quarterly Financial Review with Make Finance Cohort Lead & ensure timely and qualitative reporting of Manufacturing Finance Score.
• Support Make Cohort Lead and Procurement team in rate fixation with 3P through cost sheet validations and developing negotiation strategy.
• Monitor the grain funding requirement of distillation activities and timely rotation of funds. Work on optimizing distillation conversion cost agreed with 3P.
• Oversight over vendor payment/ reconciliation process which includes GRN, bill booking, payment processing and reconciliations which are managed by Unit team and Share services.
• Responsible for monitoring operation wastages and cost sheet components and driving efficiencies and optimizing costs.
• Participate in TB / Balance Sheet review process anchored by FC Tower and drive all actions due from Plant Finance BPs as per agreed timelines.
• Ensure necessary entries for amortization, label registrations, license fees and market bottle incentives are made on the system.
• Ensure release of daily PO claims.
• Lead governance over Capex processes and manage review of projects.
• Coordinate MIS reports on manufacturing, inventory, SLOB, monthly PV & pending C&F forms and report to the HO periodically.
• Support in statutory audits, tax audits and internal audit and implementation.
• Support in preparation of the unit budget.
• Anchor the financial control environment in units and assist in Sox / IFC audits.
• Support in the creation and implementation of effective governance, compliance and risk management frameworks across USL to drive holistic performance and maintain reputation
• Ensure pro-active input into preventative actions to address key business risks
• Support in resolution of issues and proactively create an environment where risk is avoided
• Practice Diageo's dial-up behaviors & champion the embedding of a compliance culture within USL.

• CA/MBA(Finance)/CMA Experience: 2+ years post qualifications experience in similar background
• Knowledge & skills:
• • Excellent Analytical skills
  • An eye for accuracy and detail
  • Able to manage financial control systems and processes and units financial data
  • Knowledge of Indian Accounting & Tax and its application to the USL Group
  • High level of professionalism, integrity and commitment
  • Ability to analyses complex data, draw connections and advocate a coherent strategy for improvement
  • Decision Making skills
  • Good oral and written communication skills