Supply Chain Finance Business Partner

KEY ACCOUNTABILITIES:

Strategic:

• Financial Planning & Analysis: Develop and manage financial models to support budgeting, forecasting, and long-term planning for supply chain operations
• Evaluate financial feasibility of new investment.
• Supply Chain Initiatives: Partner with supply chain leaders to drive key initiatives aimed at improving efficiency, reducing costs, and enhancing overall performance in manufacturing, logistics, and sourcing.
• Performance Reporting: Prepare and present regular financial reports and performance metrics to senior management, providing insights and recommendations for improvement.
• Cross-Functional Collaboration: Work closely with procurement, manufacturing, logistics, and other departments to ensure financial alignment and support strategic decision-making.
• Risk Management: Identify and mitigate financial risks associated with supply chain activities, ensuring compliance with company policies and regulatory requirements.
• Continuous Improvement: Lead and participate in continuous improvement projects to enhance financial processes and systems within the supply chain function.

Operational:

• Track and control Capex in G&I BU
• OPEX Management: Monitor and control operating expenses, ensuring alignment with budgetary goals and identifying opportunities for cost optimization.
• Partner with logistics on importation, customs, sea and land logistics as appropriate.
• AOP: Preparation of annual budget and consolidating the input from SC and translate it to financial figures with the proper analysis and cause of change.

Costs Review and Optimization:

• Maintain and improve upon the existing the cost accounting functions in support of manufacturing operations and supply chain management.
• Reviewing and processing production Bill of Materials (BOM) and analyse the difference between actual and standard consumption, providing insights on improvements. Utilize Oracle ERP as appropriate.
• Design principles for calculating COGS (Cost of Goods Sold) overall and SKU-wise by month
• Implement principles for calculating SKU-wise and overall Cost of Goods Sold (COGS) by month.
• Conduct and publish analysis on analytics on COGS optimisation.

Procurement Optimization:

• Provide support in supplier bid evaluations.
• Identify various options for sourcing value chain optimization by conduct detailed sourcing value chain analysis to identify areas of cost improvement (e.g. import decisions, manufacturing vs finished goods procurement decisions).
• Engage with Procurement on reviewing CAPEX spends and monitoring variance from budget, in line with DoA

Performance Management Support:

• Contribute to performance alignment on the KPI architecture for Supply Chain by presenting financial performance, full year forecasts and budget variances including understanding financial opportunities and risk.
• Retrieve weekly, monthly, and quarterly reports and publish Supply Chain Control Tower (Supply Chain dashboards).
• Provide inputs for G&I P&L preparation basis costs and expenses incurred by Supply Chain

QUALIFICATIONS, EXPERIENCE, & SKILLS:

Academic and professional qualifications:

• Bachelor’s / master’s degree in business administration
• Specialization in Finance and Accounts Management would be preferred

Experience:

• Minimum 5 years of experience and at least 3 years in a position of similar responsibility preferably in consumer products / packaged goods sector