Finance Manager

Danone; Mumbai; On-site; INR 2,400,000 - 4,200,000; Full time

Job summary

Danone India seeks a seasoned Chartered Accountant to lead financial reporting, treasury operations, and governance, ensuring IFRS/IND AS compliance and robust internal controls. The role partners with business functions to support informed decision-making and drives process improvements across finance.

You will oversee monthly close, statutory audits, and stakeholder reporting, while guiding cross-functional teams and optimizing financial systems and policies in a fast-paced environment.

Qualifications

• Qualified Chartered Accountant with graduation in Commerce.
• At least 6 years of post-qualification experience in financial reporting.
• Working knowledge of SAP.
• Strong knowledge of IndAS, Companies Act, Accounting principles and financial analysis.
• Strong communication and team management skills.
• Exposure to handling auditors, multiple investors, management and other stakeholders.
• Proficiency in MS Excel, PPT, and other MS tools.

Responsibilities

• Review of all accounts, ledgers, and reporting systems, ensuring compliance with IFRS, IND AS, Income Tax act, GST act, FEMA, Companies Act and other applicable regulations
• Coordinate with all operational departments, information assessment and timely closure of monthly books
• Consistently analyze financial data and present financial reports in an accurate and timely manner
• Prepare and present monthly, quarterly, and annual financial statements, monitor progress and changes. Keep senior leadership abreast of financial status.
• Cash Flow forecasting / monitoring and managing appropriate utilization of funds
• Stakeholder management to compile base data for forex management and hedging exposure in accordance with laid down policy
• Ensure adequate and effective internal controls in financial reporting and treasury processes
• Ensure timely and smooth closure of statutory audits, data submission/facilitating tax audits
• Redefining existing process, SOP, authorization matrix, and software tools used to develop a more transparent and organized method of financial accounting and compliance
• Lead and participate in Global and Local Projects for process improvements.

Skills

SAP

IND AS

IFRS

Financial reporting

Treasury

Communication

Team management

Education

Chartered Accountant (CA)

Tools

MS Excel

MS PowerPoint

Job description

Mission: Bringing Health through Food to as Many people as Possible

Danone is a global leader in food and beverages, focusing on Essential Dairy and Plant-based products, Waters, and Specialized Nutrition. Our mission is to bring health through food to as many people as possible by creating nutritious products, raising awareness about healthy eating and drinking habits, and conducting our business sustainably.

Danone’s dual focus on commercial performance and societal responsibility, combined with an ongoing commitment to innovation and the strengthening of its health-oriented brands, has resulted in strong performance worldwide. With nearly 90,000 employees and products sold in over 120 markets, Danone has generated more than €27 billion in sales annually.

More information can be found at www.danone.com.

About Danone India:

India is among the countries in the Asia Pacific zone wherein Danone has its presence. Danone operates in India as Nutricia International Pvt. Ltd, focusing on nutrition with a range of products catering to pregnant mothers, infants, young children as well as adults. These products are manufactured in India and sold nationally under recognized brands such as Aptamil, Dexolac, Nusobee, and Protinex. Danone employs over 1,000 individuals across India and generates a turnover exceeding €150 million. The company's head office is in Mumbai, Maharashtra, with a manufacturing facility situated in Lalru, Punjab.

More information can be found at https://www.danone.in/

Role and Responsibilities:

The incumbent will be responsible for leading the organization's financial reporting, treasury operations, compliance, and governance agenda while ensuring the integrity, accuracy, and timeliness of financial information. The role oversees statutory and regulatory compliance across IFRS, IND AS, taxation, FEMA, and corporate governance requirements, while driving efficient financial close processes and robust internal controls. The position also manages cash flow planning, treasury risk management, audit coordination, and financial stewardship, partnering closely with business functions to support informed decision-making. In addition, the role drives continuous process improvement through the optimization of financial systems, policies, SOPs, and control frameworks, while leading local and global initiatives that enhance efficiency, transparency, and compliance across the finance function. The role requires the incumbent to partner and work hands-on cross-functionally.

• Review of all accounts, ledgers, and reporting systems, ensuring compliance with appropriate regulatory requirements including IFRS, IND AS, Income Tax act, GST act, FEMA, Companies Act and other applicable regulations
• Coordinate with all operational departments, information assessment and timely closure of monthly books
• Consistently analyze financial data and present financial reports in an accurate and timely manner
• Prepare and present monthly, quarterly, and annual financial statements, monitor progress and changes. Keep senior leadership abreast of financial status.

Treasury operations

• Cash Flow forecasting / monitoring and managing appropriate utilization of funds.
• Stakeholder management to compile base data for forex management and hedging exposure in accordance with laid down policy.

Internal Controls

• Ensure adequate and effective internal controls in financial reporting and treasury processes
• Ensure timely and smooth closure of statutory audits, data submission/facilitating tax audits
• Redefining existing process, SOP, authorization matrix, and software tools used to develop a more transparent and organized method of financial accounting and compliance
• Lead and participate in Global and Local Projects for process improvements.

Candidate Profile:

• Qualified Chartered Accountant with graduation in Commerce
• At least 6 years of post-qualification experience in financial reporting role
• Working knowledge of SAP
• Strong knowledge of IndAS, Companies Act, Accounting principles and financial analysis.
• Strong communication and team management skills.
• Exposure to handling auditors, multiple investors, management and other stakeholders.
• Proficiency in operating key Microsoft tools such as MS Excel, PPT, Power tools, and others.