Manager - Accounts And Milk Payroll

Nestlé; Panipat; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Nestlé in Samalkha Factory seeks a finance professional for Manager - Accounts & Milk Payroll to strengthen accounting processes and cost management. You will oversee milk payroll, costing, and supplier negotiations, while ensuring robust controls and timely period-end closings.

The role interfaces with Operations, Supply Chain, Procurement, and Factory Finance, driving data-driven decision-making and continuous improvement in financial performance.

Qualifications

• CA or MBA (Finance) is required.
• 2–3 years of experience in Finance, Accounting, Controlling, or Manufacturing Finance.
• Experience with SAP and MS Office is preferred.

Responsibilities

• Drive accounting, controls, fixed asset accounting, and period-end closing.
• Manage budgeting, cost management, and variance analysis.
• Lead milk payroll operations and milk value chain reporting.
• Collaborate with Operations, Supply Chain, Procurement, and Finance.
• Support audits and ensure compliance with policies and standards.

Skills

Accounting & controls

Budgeting & cost analysis

Financial reporting

SAP

MS Office

Data analysis

Education

CA

MBA (Finance)

Tools

SAP

Microsoft Excel

Job description

Job Description:

We are looking for a highly analytical and business-focused finance professional to join our Finance & Control team as a Manager - Accounts & Milk Payroll based out of Samalkha Factory. In this role, you will be responsible for driving robust accounting processes, financial controls, fixed asset accounting, period-end closing activities, and cost management initiatives. You will also play a critical role in managing the milk value chain, including farmer payments, milk costing, supplier negotiations, and process improvements.

The position offers a unique opportunity to work at the intersection of finance, operations, and supply chain while driving business performance, compliance, and continuous improvement initiatives.

Key Responsibilities

Financial Accounting & Controls

• Ensure accurate accounting transactions in compliance with accounting standards, internal controls, and statutory requirements.
• Coordinate period-end closing activities and maintain adherence to reporting timelines.
• Manage fixed asset accounting, capitalization processes, depreciation, and asset reconciliations.
• Review balance sheet reconciliations and resolve outstanding accounting issues.
• Support audits and ensure compliance with company accounting policies and standards.
• Drive financial governance and continuous improvement in accounting operations.

Budgeting, Cost Management & Analysis

• Manage and control Fixed Factory Overhead (FFOH) and capital expenditure budgets.
• Monitor expenses, perform variance analysis, and identify cost optimization opportunities.
• Lead budgeting and forecasting activities while ensuring accuracy of financial estimates.
• Support business decision-making through data-driven insights and financial analysis.

Milk Payroll & Milk Value Chain Management

• Lead end-to-end milk payroll operations ensuring timely and accurate farmer and agent payments.
• Manage milk costing, pricing analysis, and value chain reporting.
• Oversee milk collection controls, transporter reconciliations, and recovery processes.
• Evaluate milk procurement proposals and support cost negotiations with suppliers and partners.
• Monitor milk value chain performance and identify opportunities for process improvement and automation.
• Benchmark competitor pricing and field costs to support commercial decisions.

Reporting & Stakeholder Management

• Deliver regular operational and financial reports related to milk procurement and factory performance.
• Collaborate with cross-functional teams including Operations, Supply Chain, Procurement, Business Services, and Factory Finance.
• Act as a key contact for audit and compliance-related activities.

Experience, Skills & Education Qualification

Education: CA/MBA (Finance)

Experience: 2-3 years of experience in Finance, Accounting, Controlling, or Manufacturing Finance

Technical & Functional Skills

• Strong accounting and financial control knowledge.
• Experience in budgeting, cost analysis, and financial reporting.
• Strong analytical capabilities with the ability to derive insights from large and unstructured datasets.
• Knowledge of SAP and Microsoft Office applications.

Behavioral Competencies

• Strong stakeholder management and networking skills.
• Negotiation skills, particularly in supplier/vendor management environments.
• Ability to work independently while collaborating across functions.
• Strong communication and influencing skills.