Procurement FP&A Lead

Magnum Ice Cream Co.; Pune District; On-site; INR 3,500,000 - 5,500,000; Full time

Benefits offered by this job

Market-competitive pay

Performance-related rewards

Flexible ways of working

Learning & development opportunities

Job summary

Magnum Ice Cream Company is seeking an experienced Procurement FP&A Lead to own the end-to-end forecasting process across RM, PM and 3PM. You will coordinate data preparation, currency exposure updates, price forecasting, and governance with Procurement and SC FP&A teams.

The role requires 10+ years in procurement finance or FP&A, strong skills in FX, commodities and pricing mechanics, and advanced Excel with SAP S4HANA/Power BI.

Qualifications

• 10+ years in Procurement/Supply Chain Finance or FP&A with forecasting and variance analysis
• Strong grasp of FX, commodities, RM/PM/3PM cost drivers, PPV and procurement pricing mechanics
• Advanced Excel; SAP ECC or S4H; Power BI experience
• Financial Accounting, management accounting and reporting knowledge
• IT skills – high level computer literacy and data governance

Responsibilities

• Own end-to-end Procurement Finance forecasting process and governance across RM, PM and 3PM
• Coordinate data preparation, currency exposure updates, volume forecasts and pricing data
• Lead price forecasting activities and directional views with stakeholders
• Validate impacts (FX/NMCI) and manage adjustment templates and bridge gaps
• Drive procurement leadership communications, decks and sign-offs
• Partner with Procurement, SC FP&A, Central/Market PFET to ensure accuracy and on-time delivery

Skills

Forecasting

Variance analysis

Advanced Excel

Power BI

SAP ECC or S4HANA

Financial systems

Education

Bachelor’s degree in finance/accounting/economics

CIMA/ACCA qualifications

Tools

Anaplan

Predikt

S/4HANA

Job description

## Procurement FP&A LeadApply: Pune Ice Cream Office: Full time: Posted Today: R-1185153**Life tastes better with ice cream**With 19.000 expert ice cream colleagues and iconic brands like Wall’s, Cornetto and Ben & Jerry’s, loved in 76 countries, we are the world’s largest Ice Cream company leading the industry. We create iconic ice cream brands that are part of everyday life, bringing moments of joy to millions of people around the world. Everybody loves ice cream. And as the world’s biggest pure‐play ice cream company, we have the scale and ambition to make a real difference. What truly sets us apart is how we work.We move fast and keep things simple. We turn ideas into action, trust people to take ownership, and work as one team to win together with integrity. Our culture is high‐performance, collaborative and focused on getting things done.We’re curious and ready for what’s next. We embrace digital, use data to make better decisions, and keep learning, including how AI can help us work smarter and serve consumers better.The roleAs Procurement FP&A Lead, you will own the end‐to‐end Procurement Finance forecasting process and supporting governance across RM, PM and 3PM, from data preparation to price forecasting, evaluation, and uplift. Ensure accurate actualization, driver-based forecasts, fact-based directional views, robust variance management, and timely sign‐offs in close partnership with Procurement, SC FP&A, Central PFET, and Market PFET teams. Act as the process integrator across systems (Anaplan, Predikt, S4 HANA, Power BI) and data objects (FX, RMX, product logic, volumes), delivering insight, control, and actionable recommendations. What you'll be responsible forData Preparation: Coordinate pre-cycle set-up, actualization, currency exposure updates, volume forecast collection for all regions, contract price and data loads, validations; liaise with buyers and ensure Predikt system hygiene and timeliness. Price Forecasting: Orchestrate economic assumptions release, what‐If runs, Procurement Leadership team pre‐alignment (incl. directional view, Commodity Risk Management inputs), pricing signal model review, buyers’ inputs, Sustainability Sourcing reporting and query resolution. Central Evaluation: Validate impacts (FX/NMCI – Net Material Cost Impact/CoC – Cycle on cycle and YoY- year on year), manage adjustment templates, category allocations, and bridge gap validation; lead network and market reviews; prepare and validate Procurement Leadership team content (decks, pricing signal, fact loads, comms). DDP Uplift (WAPR): Review transfer prices vs Predikt, drive corrections with Supply Chain Finance Services (SCFS) - GBS and sign off forecast and pricing impacts. Business Partnering & Governance: Serve as the central interface among Procurement, SCFS, FP&A, Central/Market Procurement FET; drive accuracy, compliance, and on‐time delivery; communicate insights to leadership and secure decisions/sign‐offs. Key Procurement interfaces: Buyers (local/global), Procurement Directors (network/market) and global CPRM (Commodity Price Risk Management). Team management: lead Procurement Finance Forecasting, ensure full interchangeability by continuous training, development and timely set up of the team.We're looking for someone whoBachelor’s degree in finance/accounting/economics; CIMA/ACCA qualifications are a plus. 10+ years in Procurement/Supply Chain Finance or FP&A with forecasting and variance analysis. Strong grasp of FX, commodities, RM/PM/3PM cost drivers, PPV, and procurement pricing mechanics. Advanced Excel; SAP ECC or S4H; Power BI experienceFinancial Accounting, management accounting and Reporting knowledge Effective Communication: Fluent in English, oral and written. Stakeholder influence and Multiple Stakeholders Management Forward looking approach and ability to provide “what if” analysis IT skills – excellent level of computer literacy Team working – demonstrate commitment to the team in helping to achieve goals; proactively share best practice, ideas and insights with colleagues Data-driven mindset, Process Governance, leveraging analytics to measure, predict and improve performance. Self-driven and analytical professional with strong prioritization, problem-solving, and adaptability skills, adept at managing relationships, handling conflicts, and building trustAnalytical and customer-focused professional with strong attention to detail, a hands-on approach, and ability to perform under pressure, driven by continuous improvement and digital awarenessWhat you'll getAlongside meaningful work and strong development, we offer a reward package that typically includesMarket-competitive pay and performance related rewardsFlexible ways of workingSupport for health, wellbeing and life outside of workTime off to rest and rechargeOngoing learning and development opportunitiesSpecific benefits vary by location**Why join us?**This is a place for people who are passionate about ice cream and are growth obsessed - both for the business and for themselves. People who act like an owner and drive our business end-to-end. People who are driven by success to deliver more than we ever thought we could! You’ll thrive here if you value an inclusive culture, with low ego and hierarchy - and if you’re excited to continuously learn and challenge how we work, using digital, data, and new thinking to push us forward.* Roles with real accountability and visible impact* Free to move fast, experiment and challenge how things are done* Continuous learning and development as the business grows* Reward linked to performance and contribution.Your career here is shaped by what you deliver, as you work across functions and markets and grow with the business.**Ready to build the future of Ice Cream?**If this sounds like the place where you'd thrive, we'd love to hear from you. Apply online and share your CV. We'll review your application and be in touch with the next steps. If you are an individual with a disability and require assistance at any time during our recruitment process, please let your Talent Acquisition Partner know.**Additional information**The Magnum Ice Cream Company is an Equal Opportunity Employer. We embrace diversity and are committed to creating an inclusive environment where everyone can do their best work regardless of age, disability, gender identity, race, religion, sexual orientation, or any other protected characteristic.