Commercial Finance

Job Responsibilities:

• Computation and timely settlement of Modern Trade Channel Schemes including Price Drop settlement
• Timely processing of the Channel Scheme Exceptions
• Drive reconciliation with Channel partners and ensure closure of all recon items
• Ensure the collection of the No Dues Certificate (NDC) from Chanel partners on Quarterly basis  
• Provide support to External customers (Channel partners) and Internal customers (Regional Sales teams, business teams & finance team) through coordinating actions on Claims process improvements and Claims Settlement
• Handle timely communication of monthly channel schemes through SMS system.
• Ensure accurate monthly provisioning of Channel spends and closure of books of accounts
• Handle automation initiatives/projects that help drive productivity and simplify Commercial processes.
• Audit Coordination with HQ auditors, Internal Auditors and statutory auditors
• Review of internal controls and ensure no surprises/leakages in controls.
• Co-ordination with the BI team for issues in data through DMS Next, GMCS etc.
• Execute Market visits to get the feedbacks from the Channel Partners on Scheme payout settlements & related issues.

Key Competencies required-  

Working Knowledge of relevant commercial laws / statutes

Business Acumen and excellent relationship management skills

Positive attitude and strong  desire to automate processes

Knowledge of SAP, ERP system, Excel .

Communication skills both with internal teams and external customers.