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3.4

based on 1.2k Reviews

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26 AB InBev India Jobs

Finance Analyst

3-7 years

₹ 4 - 8.5L/yr (AmbitionBox estimate)

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This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Bangalore / Bengaluru

1 vacancy

Finance Analyst

AB InBev India

posted 5hr ago

Job Role Insights

Flexible timing

Job Description

AB InBev GCC was incorporated in 2014 as a strategic partner for Anheuser-Busch InBev. The center leverages the power of data and analytics to drive growth for critical business functions such as operations, finance, people, and technology. The teams are transforming Operations through Tech and Analytics.

Do You Dream Big
We Need You.

Job Title: Finance Analyst
Location: Bangalore
Reporting to: Manager - Growth FP&A

1.Purpose of the Role
The Finance Analyst plays a pivotal role in overseeing the comprehensive Zero-Based Budgeting (ZBB), Budgeting & Forecasting processes for the Marketing function in the GHQ Zone from the GCC. This involves managing end-to-end budget cycles, handling forecasting throughout the year, ensuring data accuracy, and facilitating effective communication with global finance managers, office stakeholders, and budget owners to meet SLAs and contribute to various planning cycles under the supervision of the Global Director of Marketing Finance. This role also involves in accurately allocating marketing spends across zones for centralized sponsorships and requires good understanding of SAP and Cognos.

2.Key Tasks and Accountabilities

Tracking and Monitoring of ZBB performance
  • Implement Tracking & Monitoring (T&M) initiatives to enhance visibility into Zero-Based Budgeting (ZBB) performance at the GHQ Office, including conducting critical variance analyses and investigations, and establishing action plans based on GAP analysis for effective communication with relevant business contacts.
  • Execute necessary corrections in alignment with action plans, addressing issues such as reclassification, intercompany transactions, pre-paid items, and accruals, while ensuring stakeholders accurately book Good Receipts (GRs) in line with the latest estimates (LE) and procure-to-pay (PTP) activities impacting ZBB.
  • Actively look for automation and transformation scope to handle large volumes of data through Anaplan, BrewDat, and Power BI
  • Uphold compliance with AB InBev standards, policies, and procedures, and contribute to various management reporting activities during planning cycles, maintaining a focus on meeting targets, business needs, and Service Level Agreements (SLAs). Additionally, proactively communicate foreseen issues to business partners before the month-end cycle.

Month- End Close
  • Execute month-end closing activities for GHQ function, focusing on both actuals and forecasting perspectives, by identifying, validating, and implementing necessary corrections (reclassification, intercompany transactions, pre-paid items, accruals) to ensure accurate reporting.
  • Facilitate a seamless month-end closing (MEC) routine and annual planning cycle by ensuring timely submission of Latest Estimate (LE) data and Budget data, collaborating with support teams to maintain a smooth and efficient Budgeting cycle
  • Conduct LE vs Actuals analysis, identify accruals posting, meet with the budget owners to understand the deviations and prepare for a smooth month-end closing

Marketing Spend Allocations
  • Track and monitor the Megabrands expenditures at an initiative level
  • Properly allocate them to the Zones based on predetermined calculations/assumptions
  • Post the reclass JVs in US and BE SAP to move the performance and match with the budget scopes
  • Present the budget and cost movements in Power BI views regularly to the concerned teams.

3.Qualifications, Experience, Skills

  • Bachelors or Master degree in Finance or Commerce related field, Core interest in growing in finance (FP&A)
Previous work experience required
  • At least 3 years in Finance related position. Should possess basic knowledge of FMCG business structure

Language skills required
  • Fluent business English

IT skills required
  • Overall understanding of -MS Office, Power BI, Anaplan

And above all of this, an undying love for beer!
We dream big to create future with more cheers


Employment Type: Full Time, Permanent

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AB InBev India Interview Questions & Tips

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People are getting interviews at AB InBev India through

(based on 66 AB InBev India interviews)
Campus Placement
Job Portal
Referral
Company Website
Recruitment Consultant
30%
26%
15%
3%
2%
24% candidates got the interview through other sources.
High Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.

What people at AB InBev India are saying

3.9
 Rating based on 10 Financial Analyst reviews

Likes

The work life balance

Dislikes

The pay is terrible.

Read 10 reviews

Financial Analyst salary at AB InBev India

reported by 46 employees with 1-12 years exp.
₹4 L/yr - ₹14 L/yr
32% more than the average Financial Analyst Salary in India
View more details

What AB InBev India employees are saying about work life

based on 1.2k employees
67%
56%
57%
86%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

AB InBev India Benefits

Submitted by Company
Free Transport
Child care
Cafeteria
Health Insurance
Submitted by Employees
Free Transport
Health Insurance
Job Training
Cafeteria
Soft Skill Training
Work From Home +6 more
View more benefits

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