Job Title:  Manager - Management Accounting

Relocation Assistance Offered Within Country
# 150849 - Mumbai, Maharashtra, India

Job Purpose:

To Prepare Brand Budgets/Estimates, Monitor Brand Financials, Support Commercial team for Brand initiatives and provide various Analyses as required by Management.

Roles and Responsibilities:

1. Managing budgets

• Preparation of Brand Budgets / Latest Estimates and Strategic PlansManaging budgets

2.Collating, preparing and interpreting reports, budgets, accounts, commentaries and financial statements

• Prepare the report of Brand P&Ls to Leadership Team and Marketing for the Reviews with Division, Margin Reconciliations by Brand / Category  and related Exhibits – SPIs, Category Operating P&L, Vertical P&L
• P&L projections for rolling 6 months based on Business Planning Process (BPP) Forecasts for Leadership team and highlighting of key trends
• Analysis of Brand profitability with the help of Margin Reconciliations and monitoring the same versus Budget / Latest Estimates
• Co-ordination with Marketing/ Customer Marketing Function for finalising promotional schemes/programs by analysing its financial impact on Brand profitability and monitoring of spends versus Budget / Latest Estimates
• Analysis of Price Variances and Revaluation Variances
• Margin analysis and other data required as part of Monthly / Quarterly commentary to Division/Corporate
• Standard Margin and Cost of Promotion data  to Customer Development for CBP-ROI  analysis
• Financial Support to respective Brand / Category Cross-functional Commercial Teams for various Brand initiatives  viz   Promotions, New launches / Relaunches
• Competitor Profitability Analysis and market trend
• Corporate Reporting

3. Reviewing and conducting cost evaluation

• Co-ordination with Supply Chain for Material Standards and Quarterly Standard Cost Release across Plants and Warehouses
• Calculation of financial impact of price revisions for Raw and Packing materials and monitoring of the same versus Budget / Latest Estimates
• Purchase price negotiation and price fixing jointly with Supply Chain  for Outsourced Products viz Toothbrushes, Mouthwash and Personal Care products from different contract manufacturers
• Maintaining Pricing  in System ( SAP) and custodian for accurate Pricing
• Actual SKU wise Margins  calculations
• Releasing Purchase Orders for Raw and Packing Materials

Qualification and Experience:

• CA, B.Com
• 4 years plus experience  Financial Analysis and Planning

Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.

Are you interested in working for Colgate-Palmolive? You can apply online and attach all relevant documents such as a cover letter and resume or CV. Applications received by e-mail are not considered in the selection process. Become part of our team. We look forward to your application.

Colgate-Palmolive is a leading global consumer products company, tightly focused on Oral Care, Personal Care, Home Care and Pet Nutrition. Colgate sells its products in over 200 countries and territories around the world under such internationally recognized brand names as Colgate, Palmolive, elmex, Tom’s of Maine, Sorriso, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sanex, Elta MD, PCA Skin, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. 

For more information about Colgate’s global business, visit the Company’s web site at http://www.colgatepalmolive.com. To learn more about Colgate Bright Smiles, Bright Futures® oral health education program, please visit http://www.colgatebsbf.com. To learn more about Hill's and the Hill’s Food, Shelter & Love program please visit http://www.hillspet.com. To learn more about Tom’s of Maine  please visit  http://www.tomsofmaine.com.

Reasonable accommodation during the application process is available for persons with disabilities. Please contact Application_Accommodation@colpal.com with the subject "Accommodation Request" should you require accommodation.