Executive - Finance

Position Title

Executive - Finance

Function/Group

Finance Shared Services

Location

Mumbai

Shift Timing

11 am to 8 pm

Role Reports to

Associate Assistant Manager

Remote/Hybrid/in-Office

In office

ABOUT GENERAL MILLS

We make foodthe world loves: 100 brands. In 100 countries. Across six continents. With iconic brands like Cheerios, Pillsbury, Betty Crocker, Nature Valley, and Hagen-Dazs, we've been serving up food the world loves for 155 years (and counting). Each of our brands has a unique story to tell.

How we make our food is as important as the food we make. Our values are baked into our legacy and continue to accelerate

us into the future as an innovative force for good. General Mills was founded in 1866 when Cadwallader Washburn boldly bought the largest flour mill west of the Mississippi. That pioneering spirit lives on today through our leadership team who upholds a vision of relentless innovation while being a force for good. For more details check out http://www.generalmills.com

General Mills India Center (GIC) is our global capability center in Mumbai that works as an extension of our global organization delivering business value, service excellence and growth, while standing for good for our planet and people.

With our team of 1800+ professionals, we deliver superior value across the areas of Supply chain (SC) , Digital & Technology (D&T) Innovation, Technology & Quality (ITQ), Consumer and Market Intelligence (CMI), Sales Strategy & Intelligence (SSI) , Global Shared Services (GSS) , Finance Shared Services (FSS) and Human Resources Shared Services (HRSS).For more details check out https://www.generalmills.co.in

We advocate for advancing equity and inclusion to create more equitable workplaces and a better tomorrow.

JOB OVERVIEW

Function Overview

The Finance organization partners across General Mills to provide financial expertise to guide and govern the company. We bring a distinctive skill set to help the company sustainably drive strong returns on investment, whether that's brand investments, capital investments or resource investments. We hold ourselves accountable for the areas where we are uniquely positioned to drive results - what we call our Strategic Priorities - but we never lose sight of the fact that we only truly win when the company wins. The Finance function operates as a global team through the partnership of a series of enterprise-focused and business-embedded groups.

For more details about the Function please visit this Link

Purpose of the role

Job Overview-

-Monitoring daily bank positions.

-Tracking & ensure Compliance with RBI regulations related to import & export.

-Correspondence with Bank.

-Question, recommend, influence and lead process changes to enhance team / process efficiency.

-Accounting entries related to banking transactions.

KEY ACCOUNTABILITIES

70% of Time - Monitoring daily Bank positions.

• Getting quotes from Banks and internal approvals for loans.
• Ensuring disbursement and repayment with necessary approvals.
• Correspondence with Bank.
• Tracking & ensure Compliance with RBI regulations related to import & export.
• Updating Bank account signatory & KYC.
• Co-ordinating with Bank for statement requirement, documentation, statutory audit requirement
• Co-ordination with export team for export data & arranging shipping bills/ BRC.
• Other ad-hoc activities related to co-ordination with Bank- Example:- NOC.
• Signatory review
• Accounting entries related to Banking transactions.
• Support in stat audit.

20% of Time - Ensure timely preparation of business reports and sharing same with Business

• Identify, initiate, & implement process improvement ideas, Initiate & implement macros in process to track execution data using tools like MS-Access, Excel.

10% of Time - Control on scan/ physical documents- Record Retention

• Ensure Invoice tracker and other trackers are updated daily
• Co-ordinate with Recall / Binder for retrieval of documents

• Education - Full time graduation from an accredited university (Mandatory- Note: This is the minimum education criteria which cannot be altered)
• Minimum years of related experience required: 1-2 years

PREFERRED QUALIFICATIONS

• Preferred Major Area of Study: Accountancy, Banking & Finance
• Preferred years of related experience:3 -4 years

Specific Job Experience or Skills Needed

• Has worked in Indian Accounting process.
• Has knowledge of banking & treasury operations.

Competencies/Behaviors required for job

• Delivers outstanding results
• Leading Innovation by identifying and suggesting process improvements
• Financial acumen

Additional Information

Advanced MS Office computer skills preferred (Word, Excel - must, Access, Outlook, SharePoint)