Sr Financial Analyst

General Mills

General Mills

IT, Accounting & Finance
powai, mumbai, maharashtra, india
Posted on Monday, August 28, 2023

Job Description

India is among the top ten priority markets for General Mills, and hosts our Global Shared Services Centre. This is the Global Shared Services arm of General Mills Inc., which supports its operations worldwide. With over 1,300 employees in Mumbai, the center has capabilities in the areas of Supply Chain, Finance, HR, Digital and Technology, Sales Capabilities, Consumer Insights, ITQ (R&D & Quality), and Enterprise Business Services. Learning and capacity-building is a key ingredient of our success.

Job Overview
Manage supply chain finance functions for designated external manufacturing locations. Be a front face to the company and build a robust relationship with external manufacturing locations. Provide analytical support to Mpls ESC Finance team and Mumbai Supply Chain Finance Center of Excellence.

Job Responsibilities
70% of Time Communication: Email, Telephonic, Live Meeting & IM
- Communication with External Manufacturers primarily for Inventory, Payables, Materials Usage, Volume analysis, Payment variances, Actual V/s Plan volume analysis, Product Costing variances and ad-hoc queries received from external manufacturers as well as ESC group in Mpls.

10% of Time Month end activities:
- Create accrual entries
- Volume estimates
- DMS reporting

20% of Time Daily Activities:
- Product Costing Setup (ZMAX)
- Maintain Product Costing Accuracy
- Manage Auto Pay Payments & Accuracy
- Invoice Coding and approval
- Inventory Stock Adjustment review and approval
- Usage Analysis (Monthly Annual)
- Contract Review

Desired Profile


Minimum Degree Requirements: Bachelors
Preferred Degree Requirements: Masters
Preferred Major Area of Study: Finance, Analytics, Accountancy, Costing
Required Professional Certifications: B.Com
Preferred Professional Certifications: CA, MBA


Minimum years of related experience required: 7
Preferred years of related experience: 9

Specific Job Experience or Skills Needed
Should be able to manage supply chain functions for designated manufacturing locations. The responsibilities will involve:
• Product Costing Setup
• Maintain Product Costing Accuracy
• Manage Auto Pay Payments & Accuracy
• Invoice Coding and approval
• Stock Adjustment/Usage Review/Approval
• Manage Negative Inventory & Analysis
• Test/Start-Up Budget Review
Monthly Reporting
• Review cost center for accuracy and identify, assist and approve the posting of necessary accruals
• Provide explanations for assigned manufacturing locations for payment variances
• Manage manufacturing volumes for YTD, MTD adjustments
• Manage Payment Variance for assigned manufacturing locations
• Assist in completion of monthly financial deck, as necessary
Manage Budgets (Spring Plan)
• Complete Spring Plan location budgets
• Schedule/lead Contract Manager input meetings
• Complete SAP vs. BPC tie-outs
• Assist in completion of Spring Plan reporting
Other Responsibilities:
• Supporting HMM discovery and ideation
• Support Continuous Improvement – identify process improvements, engage in creating and putting in place improvements (i.e. utilizing YY or Focused Improvement) and communicate to broader ESC group
• Partnership with Supply Chain Center of Excellence and Minneapolis HQ Supply Chain Finance team
• Should be a one point contact to Manufacturing Partners
• Provide inputs for ad-hoc requests and high level analysis requested by Minneapolis counterparts
• Partner with Supply Chain Ops team and broader Supply Chain team (Contract Manager, Logistics, Sourcing, Engineering, OBM, etc.) on designated projects
• Assist Finance Operations Managers group to adhere to GMI reporting & control policies and procedures
• Engagement with other Mumbai Finance team (CI and other initiatives)

Competencies/Behaviors required for job
- Offers new ways of doing things and understands associated risks
- Shifts priorities quickly when necessary
- Understands and applies knowledge of competitive position of division or function
- Seeks coaching about the business drivers and how to apply creative ideas
- Experiments with new approaches
- Presents complex data in a manner appropriate to audience
- Aligns priorities with business strategy and vision
- Analyzes successes and failures to learn and continuously improve


We exist to make food the world loves. But we do more than that. Our company is a place that prioritizes being a force for good, a place to expand learning, explore new perspectives and reimagine new possibilities, every day. We look for people who want to bring their best — bold thinkers with big hearts who challenge one other and grow together. Because becoming the undisputed leader in food means surrounding ourselves with people who are hungry for what’s next.