NESTLÉ's relationship with India dates back to 1912, when it began trading as The NESTLÉ Anglo-Swiss Condensed Milk Company (Export) Limited, importing and selling finished products in the Indian market.
NESTLÉ India manufactures products of truly international quality under internationally famous brand names such as NESCAFÉ, MAGGI, MILKYBAR, KIT KAT, BAR-ONE, MILKMAID and NESTEA and in recent years the Company has also introduced products of daily consumption and use such as NESTLÉ Milk, NESTLÉ SLIM Milk, NESTLÉ Dahi and NESTLÉ Jeera Raita.
VACANCY DETAILS :-
Decision support for Co-manufacturing Controller for comprehensive financial decision making through analysis on all cost elements. Identify & Drive cost optimization projects across the Co-Man locations. Support decision making on dynamic forecasting process & Transfer pricing. Custodian for period end closings (PEC) ensuring physical verification of inventories, accounting estimates & other PEC inputs. Provide visibility around costing related situations associated to the Co-Man processes by driving relevant/ad-hoc analysis. Ensure adherence to financial, legal & Indirect Tax requirements & NAS (Nestle accounting standards). Ensure compliance to internal controls, budgeting for material loss standards & controlling the variances. Liaision with technical control & other stakeholders.
Key Output:
1. Continuous Cost Improvement - Challenge assumptions in seeking cost improvements for co-manufacturing. Seek for and support cost improvement opportunities, be an active contributor to improvement projects and initiatives, validate and review proposed savings. Able to represent the Co-Manufacturing Controller in NCE day to day activities ensuring the elements of compliance and governance are consistently followed as part of the NCE roll-out.
2. Reporting and Analytics - Coordinate reporting of actuals (including organizing and overseeing timeliness and accuracy of period-end close, and promoting ownership of data at source); and forecasts for co-manufacturing; ensure transparency of this process; follow up and monitoring of progress to close gaps, ensuring Nestle financial policies, Accounting Standards and Costing Standards are followed.
3. Strategic Evaluations - Ensure costing objectives of the co-manufacturers are reached by continuously identifying and promoting cost reduction initiatives to Co-Manufacturing Controller and Management, with collaborative support from the Co-Manufacturing Incharges and the Focused Improvement leader.
4. Business Planning & Variance Analysis - Participate in business planning; prepare and coordinate the standard cost budgeting with co-manufacturing controller and factory teams; Perform forecasts, revisions or simulations as required. Perform periodic variance analysis from the defined standards & drive actions.
5. Internal Controls - Support the co-manufacturing controller on best practice implementation in order to demonstrate robust internal controls around all assets and liabilities within the factory.
6. Development and Talent - Support the Factory Controller in developing the factory finance personnel as individuals and as a team, including career and succession planning.
7. Knowledge Transfer - Promote clear understanding of financial key figures and costing within the co-manufacturing teams , including organizing training sessions for non-specialists.
8.Compliance to accounting & tax regulations - Coordinate routine audit activities within the co-manufacturing to ensure compliance on critical areas eg) NAS, Costing Standards and appropriately escalate business risks. This includes standard routines to audit critical areas eg) inventory counts. Ensure compliance to tax regulations and provide guidance to co-manufacturing teams for GST related concerns.
9. Financial Simulations - Perform financial simulations, product costing & estimates for new product developments
10. Effective Vendor Negotiations - Liaision with vendors for conversion cost & scrap contract negotiations. Support procurement function with sharp negotiation inputs.
LINK FOR ONLINE APPLICATION - CLICK HERE
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