GM - Finance Business Partner - CA (FMCG)

About Company The company operates in the food and beverage industry, specializing in the production and distribution of a diverse range of authentic packaged foods

Job Description Position Overview We are seeking a highly skilled and experienced Finance Business Partner to join our dynamic Fast-Moving Consumer Goods (FMCG) organization. This role is pivotal in driving financial strategy, operational efficiency, and business growth by partnering closely with cross-functional teams. The ideal candidate will have 8-10 years of progressive experience in finance, with a strong background in FMCG or similar high-volume industries. You will act as a strategic advisor, providing actionable insights to senior leadership while ensuring robust financial controls and process improvements.

Key Responsibilities Product Costing and Pricing Oversight: Lead the end-to-end process of product costing, including raw material analysis, production overheads, and pricing strategies to optimize profitability and market competitiveness. New Business Plan Evaluation: Assess new business initiatives by calculating key financial metrics such as Internal Rate of Return (IRR) and payback periods; track actual performance against projections and recommend adjustments to ensure alignment with organizational goals. Forecasting and Budgeting: Develop accurate financial forecasts and annual budgets, incorporating market trends, sales projections, and cost drivers to support informed decision-making. Monthly P&L Evaluation and Insights: Conduct thorough monthly reviews of Profit & Loss (P&L) statements; prepare and present insights during Management Committee (Mancom) meetings on sales growth, category performance, volume challenges, and other key drivers impacting business results. Scheme Evaluation and Contribution Margin Impact: Analyse monthly promotional schemes, trade discounts, and incentives; evaluate their impact on Contribution Margin (CM) and provide recommendations to enhance effectiveness and profitability. Automation Initiatives: Drive the automation of key business processes, including claims processing and budgeting systems, to improve efficiency, reduce manual errors, and streamline operations. Tracking and Monitoring: Oversee Fixed Price Purchase (FPP) agreements and the Annual Operating Plan (AOP); regularly highlight opportunities for improvement to the CEO and senior executives through data-driven reports. Overhead Expense Management: Monitor overhead expenses rigorously, implement strong controls on variances, and identify cost-saving opportunities to maintain financial discipline. Accounts Receivable and Collections: Manage customer outstanding balances, ensure timely collections, and collaborate with sales teams to minimize bad debts and improve cash flow. Team Development: Train and mentor team members on financial best practices, tools, and processes; provide ongoing guidance to foster continuous improvement and professional growth.

Qualifications and Skills CA with 8-10 years of relevant finance experience, ideally in the FMCG sector, with proven expertise in costing, pricing, financial modelling, and business partnering. Strong analytical skills with proficiency in financial tools (e.g., Excel, ERP systems like SAP or Oracle, and BI tools such as Power BI or Tableau). Excellent communication and presentation abilities, with experience influencing senior stakeholders in meetings. Demonstrated ability to drive process automation and improvements in a fast-paced environment. High attention to detail, problem-solving mindset, and commitment to ethical financial practices.