Assistant Manager - Supply Finance Business Partner

Department Icon Accounting & Finance
137+ Applicants
Posted: 3 months ago
2-4 years
Rajpura, Punjab
work from office

Posted: 3 months ago
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Applicants: 137+
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Job Description


Job Title: Assistant Manager - Supply Finance Business Partner
About The Function
Our Finance team deliver sustainable growth for our business, customers, and much-loved brands. Were part of a $12.2 billion gross profit organisation, responsible for driving an exceptional level of performance and creating the potential for future growth.
Whether were utilising our digital capabilities and analytics to inform our business strategy or creating capacity to invest in the future no two days are the same in our Finance team. Wherever your skills lie, well help you to learn and develop, supporting you along the way in our inclusive culture.
About Us
About the team:
Diageo India operates through its subsidiary United Spirits Limited, Indias leading beverage alcohol company, with an outstanding portfolio of premium brands. In 2013-14, Diageo plc acquired a 54.8% shareholding in United Spirits making India one of its largest markets.
Founded in 1826, it is the largest Indian spirits company involved in the manufacture, sale and distribution of beverage alcohol, producing and selling around 120 mn cases of Scotch whisky, IMFL whisky, brandy, rum, vodka, gin and wine. Its portfolio of over 140 brands includes the much-loved McDowells No.1, Royal Challenge, Signature, and Antiquity as well as Diageos iconic brands such as Johnnie Walker, VAT 69, Black & White, Smirnoff and Ciroc among others.
The company has 18 brands that sell more than a million cases each year, of which 4 brands each sell more than 10 million cases annually, generating total revenues of Rs.8353 in FY2015. The organization prides itself on innovative products that have made a mark on the world stage by regularly winning local and international accolades and awards.
Headquartered in Bengaluru, the company has a strong global footprint supported by a committed team of 5500+ employees dedicated to fulfilling the companys mission of becoming the best performing, most trusted and respected consumer goods company in India. The company has a strong distribution network and point of sale coverage and is represented in 81000 outlets across India. It has over 78 manufacturing facilities across 23 states and 3 union territories in India.
A major contributor to state excise revenues, it makes a valuable contribution of over Rs. 35,000 crores annually to the exchequer by way of excise, sales tax, octroi and other levies.
Diageo sincerely believes in being a good corporate citizen and is committed to creating a positive role for alcohol in society through its national Road to Safety programs. Diageo also improves the lives of people in the communities around its plants with particular emphasis on Empowering Women. Its flagship program, Project S-H-E delivers much-needed initiatives in water, health and education to lead the industry in demonstrating the highest standards of corporate citizenship.
The company is listed on the Bombay Stock Exchange (BSE: 532432) and the National Stock Exchange (NSE: MCDOWELL-N).
Visit Diageos global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice.
Purpose Of The Role
The role is responsible for handling unit finance operations of multiple third party owned manufacturing units with bottling and distillation operations for Diageo India and includes activities around fund management, vendor management, month-end closures/ reporting, supporting in audits, tracking cost sheets, and ensuring SOX compliance:
  • Support business and operation team in all finance matters and periodic Operational reviews.
  • Responsible for insight building and managing & monitoring Make productivity initiatives of the unit.
  • Lead the Quarterly Financial Review with Make Finance Cohort Lead & ensure timely and qualitative reporting of Manufacturing Finance Score.
  • Support Make Cohort Lead and Procurement team in rate fixation with 3P through cost sheet validations and developing negotiation strategy.
  • Excise Duty Reconciliation for USL North Depots and Partnering for Depot Operations.
  • Oversight over vendor payment/ reconciliation process which includes GRN, bill booking, payment processing and reconciliations which are managed by Unit team and Share services.
  • Responsible for monitoring operation wastages and cost sheet components and driving efficiencies and optimizing costs.
  • Participate in TB / Balance Sheet review process anchored by FC Tower and drive all actions due from Plant Finance BPs as per agreed timelines.
  • Ensure necessary entries for amortization, label registrations, license fees and market bottle incentives are made on the system.
  • Ensure release of daily PO claims.
  • Lead governance over Capex processes and manage review of projects.
  • Coordinate MIS reports on manufacturing, inventory, SLOB, monthly PV & pending C&F forms and report to the HO periodically.
  • Support in statutory audits, tax audits and internal audit and implementation.
  • Support in preparation of the unit budget.
  • Anchor the financial control environment in units and assist in Sox / IFC audits.
  • Support in the creation and implementation of effective governance, compliance and risk management frameworks across USL to drive holistic performance and maintain reputation
  • Ensure pro-active input into preventative actions to address key business risks
  • Support in resolution of issues and proactively create an environment where risk is avoided
  • Practice Diageos dial-up behaviors & champion the embedding of a compliance culture within USL.
Qualification
  • CA-inter /MBA(Finance)/CMA Experience: 2+ years post qualifications experience in similar background
  • Knowledge & skills:
  • Excellent Analytical skills
  • An eye for accuracy and detail
  • Able to manage financial control systems and processes and units financial data
  • Looking to get Placed? Try our Placement Guarantee Plan

  • Knowledge of Indian Accounting & Tax and its application to the USL Group
  • High level of professionalism, integrity and commitment
  • Ability to analyses complex data, draw connections and advocate a coherent strategy for improvement
  • Decision Making skills
  • Good oral and written communication skills
Diversity statement
Celebrating our inclusive and diverse culture is core to Diageos purpose of celebrating life every day everywhere. This purpose is, in itself, inclusive in nature, as it values everybody irrespective of background, disability, religion, gender identity, sexuality or ethnicity.
We know that for our business to thrive and for Diageo to realize its ambition, we depend on having diverse talent with a range of backgrounds, skills, and capabilities in each of the 180 countries in which we operate and to reflect our broad consumer base. We view diversity as one of the key enablers that helps our business to grow and our values, purpose and standards set the conditions for us to respect the unique contribution each person brings.
Flexible Working Statement: Flexibility is key to our success. From part-time and compressed hours to different locations, our people work flexibly in ways to suit them. Talk to us about what flexibility means to you so that youre supported from day one.
Diversity statement: Our purpose is to celebrate life, every day, everywhere. And creating an inclusive culture, where everyone feels valued and that they can belong, is a crucial part of this.
We embrace diversity in the broadest possible sense. This means that youll be welcomed and celebrated for who you are just by being you. Youll be part of and help build and champion an inclusive culture that celebrates people of different gender, ethnicity, ability, age, sexual orientation, social class, educational backgrounds, experiences, mindsets, and more.
Our ambition is to create the best performing, most trusted and respected consumer products companies in the world. Join us and help transform our business as we take our brands to the next level and build new ones as part of shaping the next generation of celebrations for consumers around the world.
Feel inspired Then this may be the opportunity for you.
If you require a reasonable adjustment, please ensure that you capture this information when you submit your application.
Worker Type
Regular
Primary Location:
Banur Unit (CBDL)
Additional Locations :
Job Posting Start Date
2026-01-19

Skills

AccountingCapexSalesSox ComplianceBalance Sheet ReviewFinancial ControlFund ManagementPayment ProcessingReconciliationsBalance SheetCaFinanceReconciliation

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About Company

Diageo India, part of the global leader Diageo plc, is a powerhouse in the country's alcoholic beverages sector, renowned for its vast portfolio of premium brands. As a market leader, it boasts an impressive array of spirits, including whisky, vodka, gin, and rum, catering to a diverse consumer base with brands like Johnnie Walker, Smirnoff, and Tanqueray. Committed to promoting responsible drinking, Diageo India places a strong emphasis on sustainability and ethical business practices. Through initiatives aimed at water stewardship, reducing carbon emissions, and community engagement, Diageo India not only contributes to the economy but also sets benchmarks for social responsibility in the industry.

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Important dates & deadlines?

Application Deadline

28 Mar 26, 01:33 PM IST

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