Job title

Financial Planning & Analysis

Location

Bangalore

Experience

10+ Yrs

Roles and 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.

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 stockists 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.

Corporate Planning & Systems

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

Finance

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

MIS, Budgeting & Costing

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.

Required Qualification

Qualified CA/ICWA/MBA/MCom with 5-7 yrs of total work experience

Candidate must be fully conversant with Budgeting, Forecasting, Cost & Credit Control, Margin Analysis, Costing & Profitability Analysis and Management Reporting

Candidate must be very well versed in dealing with Banks and Financial Institutions

Candidate must be experienced with arranging Project Finance for various projects as well as Expansions etc.

Knowledge of innovative Financing Structures and Funding Mechanisms will serve as an added advantage for the applicant

Candidate should be smart and articulate with good communication and presentation skill