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57 General Mills Jobs
Sr Financial Analyst
7-9 years
₹ 22 - 21.1L/yr (AmbitionBox estimate)
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.
Mumbai
1 vacancy
Sr Financial Analyst
General Mills
posted 8hr ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Position Title
Senior Financial Analyst -ESC
Function/Group
Finance Shared Services
Location
Mumbai
Shift Timing
1.30 pm to 10.30 pm
Role Reports to
Manager FPA
Remote/Hybrid/in-Office
Hybrid
ABOUT GENERAL MILLS
We make food the world loves: 100 brands. In 100 countries. Across six continents. With iconic brands like Cheerios, Pillsbury, Betty Crocker, Nature Valley, and Haagen-Dazs, we ve been serving up food the world loves for 155 years (and counting). Each of our brands has a unique story to tell.
How we make our food is as important as the food we make. Our values are baked into our legacy and continue to accelerate
us into the future as an innovative force for good. General Mills was founded in 1866 when Cadwallader Washburn boldly bought the largest flour mill west of the Mississippi. That pioneering spirit lives on today through our leadership team who upholds a vision of relentless innovation while being a force for good. For more details check out http://www.generalmills.com
General Mills India Center (GIC) is our global capability center in Mumbai that works as an extension of our global organization delivering business value, service excellence and growth, while standing for good for our planet and people.
With our team of 1800+ professionals, we deliver superior value across the areas of Supply chain (SC) , Digital Technology (DT) Innovation, Technology Quality (ITQ), Consumer and Market Intelligence (CMI), Sales Strategy Intelligence (SSI) , Global Shared Services (GSS) , Finance Shared Services (FSS) and Human Resources Shared Services (HRSS). For more details check out https://www.generalmills.co.in
We advocate for advancing equity and inclusion to create more equitable workplaces and a better tomorrow.
JOB OVERVIEW
Function Overview
The Finance organization partners across General Mills to provide financial expertise to guide and govern the company. We bring a distinctive skill set to help the company sustainably drive strong returns on investment, whether that s brand investments, capital investments or resource investments. We hold ourselves accountable for the areas where we are uniquely positioned to drive results what we call our Strategic Priorities but we never lose sight of the fact that we only truly win when the company wins. The Finance function operates as a global team through the partnership of a series of enterprise-focused and business-embedded groups.
For more details about the Function please visit this Link
Purpose of the role
As a Financial Analyst on the External Supply Chain Finance Team, you will have a unique opportunity to enhance your skills in process excellence, situational agility, and strategic partnership. In this position, you will oversee the external supply chain finance functions for designated external manufacturing locations. You will act as the primary liaison for the company, fostering strong relationships with the ESC Finance Team and external manufacturing partners. Additionally, you will provide analytical support to the Minneapolis ESC team and the Mumbai Supply Chain Finance Centre of Excellence.
Come join the Global Supply Chain Finance team for this unique opportunity to be a part of a team that will drive impactful change and value to the business!
KEY ACCOUNTABILITIES
70% of Time: Communication: Email, Telephonic, Live Meeting IM
Communication with External Manufacturers primarily for Inventory, Payables, Materials Usage, Volume analysis, Payment variances, Actual V/s Plan volume analysis, Product Costing variances and ad-hoc queries received from external manufacturers as well as ESC group in Mpls.
10% of Time: Month end activities:
- Create accrual entries
- Volume estimates
- DMS and VMS reporting
20% of Time: Daily Activities:
- Product Costing Setup (ZMAX)
- Maintain Product Costing Accuracy
- Manage Auto Pay Payments Accuracy
- Invoice Coding and approval
- Inventory Stock Adjustment review and approval
- Usage Analysis (Monthly Annual)
- Contract Review
Specific Job Experience or Skills Needed
Should be able to manage supply chain functions for designated manufacturing locations. The responsibilities will involve:
Product Costing Setup
Maintain Product Costing Accuracy
Manage Auto Pay Payments Accuracy
Invoice Coding and approval
Stock Adjustment/Usage Review/Approval
Manage Negative Inventory Analysis
Test/Start-Up Budget Review
Monthly Reporting
- Review cost center for accuracy and identify, assist and approve the posting of necessary accruals
- Provide explanations for assigned manufacturing locations for payment variances
- Manage manufacturing volumes for YTD, MTD adjustments
- Manage Payment Variance for assigned manufacturing locations
- Assist in completion of monthly financial deck, as necessary
Manage Budgets (Spring Plan)
Complete Spring Plan location budgets
Schedule/lead Contract Manager input meetings
Complete SAP vs. BPC tie-outs
Assist in completion of Spring Plan reporting
Other Responsibilities:
Supporting HMM discovery and ideation
Support Continuous Improvement identify process improvements, engage in creating and putting in place improvements (i.e. utilizing YY or Focused Improvement) and communicate to broader ESC group
Partnership with Supply Chain Center of Excellence and Minneapolis HQ Supply Chain Finance team
Should be a one-point contact to Manufacturing Partners
Provide inputs for ad-hoc requests and high-level analysis requested by Minneapolis counterparts
Partner with Supply Chain Ops team and broader Supply Chain team (Contract Manager, Logistics, Sourcing, Engineering, OBM, etc.) on designated projects
Assist Finance Operations Managers group to adhere to GMI reporting control policies and procedures
Engagement with other Mumbai Finance team (CI and other initiatives)
MINIMUM QUALIFICATIONS - Full Time graduation from an accredited university (Mandatory)
- Professional Certification: B. Com
- 7+ years of related experience
Specific Job Experience or Skills Needed
- Strong communication, leadership, and influencing skills
- Process Excellence, able to make process improvements, and effectively organize work
- Situational agility, comfort navigating ambiguity
- Strong analytical skills and problem-solving ability
- Global and/or cross-functional team partnership
- Previous Supply Chain or Supply Chain Finance experience
- Experience with SAP ERP/IEP or system proficiency (ability to get up to speed quickly
PREFERRED QUALIFICATIONS
- Master s degree
- 7 to 9 years of related experience
- Major Area of Study: Finance, Analytics, Accountancy, Costing
- Professional Certifications: CA, MBA, PGDBA, MMS
Employment Type: Full Time, Permanent
Read full job descriptionGeneral Mills Interview Questions & Tips
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What people at General Mills are saying
Rating based on 4 Senior Financial Analyst
reviews
Anonymous · Finance & Accounting
in Mumbai
Likes
- Work life balance - Employee benefits
- Salary - Good
+2 more
Dislikes
- If a person is not from Mumbai it is a challenge as management does not allow remote working and staying at home and working is not empowering. - Promotion is a challenge as no growth after a point.
- Promotions - Bad
+2 more
Senior Financial Analyst salary at General Mills
reported by
34
employees
with 7-13
years exp.
₹14.3
L/yr - ₹30
L/yr
123%
more
than the average Senior Financial Analyst Salary in India
View more details
What General Mills employees are saying about work life
based on 743 employees
Flexible timing
Monday to Friday
No travel
Day Shift
General Mills Benefits
View more benefits
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