ITC is one of India's foremost private sector companies with a Gross Sales Value of ₹ 74,979 crores and Net Profit of ₹ 13,032 crores (as on 31.03.2021). ITC has a diversified presence in FMCG, Hotels, Packaging, Paperboards & Specialty Papers and Agri-Business. ITC's aspiration to be an exemplar in sustainability practices is manifest in its status as the only company in the world, of its size and diversity, to be carbon, water and solid waste recycling positive. In addition, ITC's businesses and value chains create sustainable livelihoods for more than 6 million people, a majority of whom represent the poorest in rural India.
VACANCY DETAILS :-
POST NAME - Industrial Trainee
QUALIFICATION - CA Inter/CMA Inter
EXPERIENCE - Nil
LOCATION - Bangalore
JOB DESCRIPTION :-
You’ll get hands-on exposure to:
• MIS preparation and reporting
• Deriving insights from Sales to CAMD
• Assisting in monthly books closure
• Monthly inventory valuation
• Reporting and analysing business/financial variances
• Preparing insights for management
• Understanding product costing and how the complete cost of a product is derived
• Analysing RM, PM, conversion costs and other cost components
• Working with different teams and understanding how their activities impact the numbers
• Supporting various Business Finance and reporting requirements
What will you get to learn?
The idea is not just to prepare reports, but to understand what is happening behind those numbers.
You’ll get to learn:
• How the end-to-end MIS process works
• How monthly books closure happens
• How to look at numbers and identify what is driving the business
• How the cost of a product is calculated from raw material to the final product
• How to perform variance analysis and understand the reasons behind it
• How inventory is valued and how inventory movements impact the P&L
• How Finance interacts with Sales, Supply Chain, Manufacturing and other business teams
• How financial data is converted into meaningful insights for management
• A practical understanding of FMCG Business Finance
HOW TO APPLY :-
Interested candidates can send their resume on Lalit.agrawal@itc.in
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