A Globally Renowned Nutrition/FMCG Organization
#Commercial Finance # Supply Chain Finance # Factory Finance
1. Lead Finance partner for Co-man operations:
· Finance contact between Company and Co-man site and ensure strong collaboration and relationship management.
· Cost sheet standardization and tracking to capture Raw and Packaging Material Cost to arrive at PO price.
· Spending Analysis for raw and packaging material cost and identify high level opportunity
· End to end reconciliation and closure of any issues (material cost interest etc.) and final sign-off with Co-man
· Monitor the Co-man Inventory, procurement process and Product costing
· Track the Co-man KPIs and highlight improvement areas
· Manage commercial negotiations and reconciliations
2. Lead Finance partner for Distribution operations:
· Finance Lead in managing the 3PL operations costs and KPIs
· Inventory Management in the Network – validation all exception movements and recons
· Participating in the Commercial negotiation and monthly cost tracking
3. Sourcing and Commercial Negotiations
· Support the business with analytics and cost benchmarking to find opportunities to drive cost improvements though negotiations, alternate supplier / material developments, planned procurement of key raw materials:
§ Material categorization for RM/PM
§ Spending and Impact Analysis by category
§ Yearly cost projections for Class A items
· Finance Lead on all major vendor negotiations with co-man site or 3PL service provider
4. Supply Chain Budget, Budget control & Monthly cost MIS
· Support the Supply Organization in the Annual planning and Budget exercise
· Monthly provisions and cost reporting against Budget
5. IT System development
· Implementation of Standard Costing
· Implementation of Batch Management
6. Support the Business in various New product Initiative evaluation
7. Responsible for the evaluation of any major CAPEX investment