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    Senior Finance Manager - Gurugram, India - McCormick & Company

    McCormick & Company
    McCormick & Company Gurugram, India

    Found in: Talent IN 2A C2 - 4 days ago

    Default job background
    Restaurants / Food Service
    Description

    Role Summary:

    Key business partner to oversee our company's indirect spend operations. The ideal candidate will have a strong background in finance, with expertise in managing indirect expenses and optimizing cost efficiencies. The Finance Manager will play a crucial role in analyzing spending patterns, identifying cost-saving opportunities, and implementing strategies to improve financial performance. This position offers an exciting opportunity to contribute to the financial success and growth of our organization.

    Key Responsibilities:

    Indirect Spend Management:

    • Support the management of all indirect spend categories including but not limited to marketing, IT, facilities, travel, and professional services.
    • Prepare regular financial reports and dashboards to communicate key performance indicators (KPIs) and insights related to indirect spend. Present findings to senior management and provide recommendations for improvement.
    • Collaborate with other departments such as procurement, accounting, and operations to align indirect spend initiatives with overall business objectives.

    Budgeting and Forecasting:

    • Develop, monitor, and manage budgets for indirect spend categories. Provide accurate financial forecasts and variance analysis to support decision-making.

    Cost Analysis & CCI:

    • Analyze spending patterns and identify areas for cost reduction and process improvement. Implement strategies to optimize indirect expenses without compromising quality or service.
    • Lead the validation of all Indirect CCI projects ensuring timely and accurate validation & reporting whilst working with cost center owners to demonstrate value delivery in P&L
    • Support and partner with factories, DCs and other Global functions in delivering CCI targets

    Business Improvement and development

    • Identify inefficiencies in current processes and procedures related to indirect spend. Implement changes to streamline workflows, increase efficiency, reduce costs, harmonize and standardize process and ways of working across indirect categories
    • Provide leadership and guidance to finance staff responsible for indirect spend activities. Foster a culture of accountability, teamwork, and continuous improvement within the finance team.

    Control & Compliance

    • Takes accountability for ensuring the control environment within the Indirect area is robust and in line with corporate guidelines, SOX and local accounting GAAP.
    • Ensure compliance with company policies, procedures, and regulatory requirements related to indirect spend. Identify and mitigate financial risks associated with indirect expenses.

    Desired skills:

    • 5+ years progressive financial/accounting experience.
    • Demonstrated solid and successful background in financial reporting and internal control requirements
    • Demonstrated ability to identify, manage and implement process improvements
    • Demonstrated strong analytical skills and problem-solving capabilities with the ability to interpret financial data and make strategic recommendations
    • Demonstrated ability to interact with and build and sustain relationships at all levels.
    • Demonstrated dynamic self-starter.
    • Excellent communication and negotiation skills with the ability to interact effectively with internal stakeholders
    • Proficiency in financial analysis tools and software, such as Microsoft Excel, SAP
    • Strategic mindset with a focus on driving business results and maximizing value for the organization
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