Job title

Manager- Financial Planning & Analysis, Bengaluru

Location

Bengaluru, Karnataka

Experience

8-12 years

About iD Fresh Food

iD Fresh Food’s mission is to make healthy and nutritious homemade meals an easy task. Our range of fresh and authentic no-preservatives, no-added-chemicals range of ready-to-cook products help millions of households across India and GCC whip up tasty and wholesome meals. And we are expanding rapidly to the rest of the world too.

About the Operational Model 

As our product is different from others, so is our business model. All our fresh products are made for the day they are shipped to retail stores. We have zero finished goods inventory, and hence no intermediary stockiest or transitory warehouses. This is possible only with the help of an inhouse fleet of vehicles and distribution personnel. Currently a fleet of 500 dedicated vehicles and crew touch 25,000 retailers daily and replenish 100,000+ Kgs units of the freshest produce.

Key Responsibilities

• Handling MIS and various reporting related to the management.
• Preparation & presentation of monthly P&L report (MIS) at product level and company level as well P&L analysis reports (Key financial information ratio and analysis to the top management for financial decision-making).
• Cost analysis & cost calculation of all the products of the company.
• Preparation and presentation of division wise financial analysis (PPT) for each division for monthly/quarterly divisional meeting.
• Provide variance analysis report of actuals against annual budget plan to the management.
• Budgetary and variance analysis for cost, sales, collection target and GLs.
• Board meeting, audit committee meeting, risk review meeting presentation.
• Involved in corporate planning during organizational restructuring at all levels.
• Involved in formulation of various systems, policies, procedures, commensurate with the need of the company.
• Involved in Financial projections of collaborations / joint ventures envisaged.
• Budgeting, forecasting, cost & credit control, margin analysis, costing & profitability analysis and management reporting.
• Surplus fund management in terms of placement of inter-corporate deposits to corporate.

Costing – Product and Process

• Budget preparation and Budgetary controls.
• Ability to develop and implement audit plans and schedules.
• Ability to persuade and influence others.
• policies and procedures.
• Ability to analyze data.
• Understanding of IT control environment.
• Ability to motivate others and promote teamwork.

Key Requirements

Education: CA with 5-7 years of total work experience.

Skills Required:

• Fully conversant with budgeting, forecasting, cost & credit control, margin analysis, costing & profitability analysis and management reporting.
• Very well versed in dealing with banks and financial institutions.
• Experienced with arranging project finance for various projects as well as expansions etc.
• Innovative financing structures and funding mechanisms will serve as an added advantage for the applicant.
• Smart and articulate with good communication and presentation skill.

Industry: FMCG/ Food production/ processing/Retail/Consumer Durable/Brewery

Interested?

If this role sounds like you, then apply with us! You have plenty of room for growth at iD.