AMVETS Jobs

Job Description :

PURPOSE OF THE ROLE:

The purpose of the role is to closely partner with commercial team and support business/financial goals through financial performance management with the objective of meeting USL goals while adhering to all applicable controls/compliances/policies.

AREAS OF RESPONSIBILITY

1 Credit Management

• Ensure Timely Block Circulation to Commercial Team

• Ensure to Credit Block Release as per Credit Policy

• Enhance to Improve credit block review system and best utilization of resources

• Driving Collection and reducing overdues by partnering with sales team

• Improve AR ageing quality & achieve DSO Target through continuous monitoring

• Credit Limit and Terms review for existing customer in peak period of the year and for New customer by reviewing the assigned quota and as per the average expected share / sales to Diageo India.

• Debtor Estimates / forecast review basis actual Debtor reports to ensure no Risk in AR. 2 Support RTM Changes / Annual policy changes • No sales loss due to system • Support in Representation to State Govt where required • Excise Policy year Change Invoice checking and verification to ensure billing with approved /accurate rates. • Participate in pricing discussion and provide quality inputs 3

2. Compliance and Governance

• Ensure Balance confirmation as per Credit Policy & resolution for Open item Immediately

• Collection from recovery cases should be offset future PDDs and recovery costs for F21+B1

• Ensure & proper control on Overhead and ensure no surprise

• Standardize Reviews and convert to templated reviews for all clusters

• Address the issue of unidentified receipts

• Compliance to credit policy tracking- Security Cheque Tracker, VAT abatement letter, C Form

• Compliance to BTL and TTL Policy and looking for optimisation opportunites

• Risks identified through TB review are tracked and reviewed by RFH

• Any AML or legacy issues highlight with the legal consul and ensure get resolve.

3 Business Partnering

• Strengthening BTL / TTL provisioning process and month end sanity checking

• Month end reporting / dashboards

• “Improving quality of provisioning month on month” to eliminate volatility

• Partnering with Cluster and Sales head to ensure to delivery of NSV Target & volume by analyzing performance

• Partnering with NRM team to optimize Trade Spend in market

• Monthly review of cluster MFR with RCFH & Cluster/Sales head to identify opportunities/Issues•

• Identifying sources of growth and opportunities to save cost

• Active participation to unlock savings and ensure hygiene by dialing up Distributor ROI, BTL/TTL M&E etc

• Active working to identify pricing opportunities. Benchmarking our cost cards with Industry players basis information available in public domain

Knowledge & skills:

• Possess a flair for numbers, an ability to think big-pictures and long

• Ability to communicate with and explain financial concepts to non-finance stakeholders

• Demonstrated ability to be proactive, self-driven with the capacity to work in a dynamic work environment

• Ability to be a team player, trouble-shooter and a consensus-builder

• Exposure to complex business environments

• Good analytical, written & verbal communication skills

• Chartered Accountant/MBA

Best Suited for Someone who

• High level of professionalism, integrity and commitment

• Ability to influence key stakeholders.

• Ability to manage their time and prioritize effectively

• Ability to analyze complex data, draw connections and advocate a coherent strategy for improvement

Diversity statement

Celebrating our inclusive and diverse culture is core to Diageo’s purpose of “celebrating life every day everywhere”. This purpose is, in itself, inclusive in nature, as it values everybody irrespective of background, disability, religion, gender identity, sexuality or ethnicity.

We know that for our business to thrive and for Diageo to realize its ambition, we depend on having diverse talent with a range of backgrounds, skills, and capabilities in each of the 180 countries in which we operate and to reflect our broad consumer base. We view diversity as one of the key enablers that helps our business to grow and our values, purpose and standards set the conditions for us to respect the unique contribution each person brings.

Worker Type :

Regular

Primary Location:

Indore

Additional Locations :

Job Posting Start Date :

2024-04-30

With over 200 brands sold in more than 180 countries, we’re the world’s leading premium drinks company. Every day, over 30,000 talented people come together at Diageo to create the magic behind our much-loved brands. From iconic names to innovative newcomers – the brands we’re building are rooted in culture and local communities. Our ambition is to be one of the best performing, most trusted and most respected consumer products companies in the world.

Our founders, such as Arthur Guinness, John Walker, and Charles Tanqueray, were visionary entrepreneurs whose brilliant minds helped shape the alcohol industry. And through our people, their legacy lives on. Join us, and you’ll collaborate with talented people from all corners of the world. Together, you’ll innovate and push boundaries, shaping a more inclusive and sustainable future that we can all be proud of.

With diversity at our core, we celebrate our people's unique passions, commitments and specialist skills. Because when varied voices, mindsets, and personalities come together, great ideas are born. In our supportive culture, your voice will be heard and you’ll be empowered to be you. Just bring your ambition, curiosity and ideas, and we’ll celebrate your work and help you reach your fullest potential.

DRINKiQ

What's your DRINKiQ? Take our quiz to understand how alcohol is made and explore the effects of drinking. You can discover everything you need to know at DRINKiQ (https://www.drinkiq.com/en-gb/)