Finance Business Partner (Mumbai)

Posted 13 Hours Ago
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Mumbai, Maharashtra, IND
In-Office
Entry level
Food
The Role
The Finance Business Partner role description is incomplete and provides no specific responsibilities or qualifications. It indicates that the position supports a purpose-driven Mars business, collaborates with diverse associates, and benefits from learning and development opportunities, Mars University access, competitive compensation, and a company bonus.
Summary Generated by Built In

Job Description:

Job Purpose

Support Regional Head, Region Sales Team on regional Sales Finance matters as well custodian of Controls and Compliance

Key Responsibilities

  • Ensuring Commercial Hygiene of Region through close interaction with HO-Sales, Finance Team & Regional Sales Team to deliver results on Claims Processing and No Dues Certificate, timely closure of Full and Final Settlements, recovery of dues and collection from the Distributors as well as GST Compliance.

  • Providing Business support to region head through high level MIS & Analytics to drive effectiveness of decision & drive cost & Sales KPI reviews. He would also need to prepare & facilitate monthly dashboard on region performance KPI’s, Sales, Allowances, Overheads for discussion with Region Team.

  • Ensuring process compliance & controls in Region in P2P & OTC processes (SOX & internal control) including monthly Reporting & Closing, Distributor Credit Administration & GT/ MT/CSD Recon

  • Assist in the approval process of new customer/vendor appointment, by analyzing financial track record, business experience & documents to evidence statutory compliance

  • Evaluate & sign off Distributor ROI paid.

  • Providing Customer support to External customers (Distributors, CFA, MT ) & internal customers (Sales team) through coordinating actions/support RSM on claims process improvement, claims payment etc.

  • To approve all payments for Trade Allowance, Unsaleable, Overheads & ensure accurate accounting.

  • Carry out a review of Distributor claim process and train Sales Team for timely and error free Claim submission. Also ensuring minimal incidence of pending claims

  • Approve cheque operations facility, credit limit – (permanent & temporary enhancements) to new/cheque bounced customers.

  • Assist the HO – Sales Finance in closure of MT – Reconciliations, Debtors Ageing review, and resolving queries on Bank reconciliation, follow up with Debtors etc.

  • Indirect Tax – Co-ordinate with CFA/Sales team on Assessment pending points, attend hearings, liaise with VAT/GST department on any dispute & resolution. as well as supports the Region to achieve the objective of Commercial Hygiene and the Goals for the Region

Job Specifications

  • Qualified Chartered Accountant/ICWA – 2-4 year’s work experience

  • Strong analytical & collaboration skills, process oriented, good communication and multi-tasking skills to ensure adherence to period-end timelines, enforce stringent Management Policies and effective Business Partnering.

Mars Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Mars and has not been reviewed or approved by Mars.

  • Healthcare Strength The benefits package is positioned as comprehensive, with broad medical coverage and additional protections like life insurance and short- and long-term disability. Mental health support is emphasized, including free mental health services and wellbeing programming under initiatives such as Mars Be Well.
  • Parental & Family Support Paid parental leave is highlighted as market-leading in the U.S., with an example of 18 weeks fully paid for both parents. Additional family-related leave types such as sick time for caregiving and bereavement leave are also described as part of the overall package.
  • Retirement Support Retirement offerings are described as strong, including 401(k) matching (with a 6% match cited) and pension plans in some cases. The broader package also references retirement savings options and contributions aligned to local market practice, supporting long-term financial security.

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The Company
HQ: Mc Lean, VA
41,866 Employees
Year Founded: 1911

What We Do

For more than a century, Mars, Incorporated has been driven by the belief that the world we want tomorrow starts with how we do business today. This idea is at the center of who we have always been as a global, family-owned business. Today, Mars is transforming, innovating and evolving in ways that affirm our commitment to making a positive impact on the world around us. Across our diverse and expanding portfolio of confectionery, food, and petcare products and services, we employ 133,000 dedicated Associates who are all moving in the same direction: forward. With $40 billion in annual sales, we produce some of the world’s best-loved brands including DOVE®, EXTRA®, M&M’s®, MILKY WAY®, SNICKERS®, TWIX®, ORBIT®, PEDIGREE®, ROYAL CANIN®, SKITTLES®, WHISKAS®, COCOAVIA®, and 5™; and take care of half of the world’s pets through our pet health services AniCura, Banfield Pet Hospitals™, BluePearl®, Linnaeus, Pet Partners™, and VCA™. We know we can only be truly successful if our partners and the communities in which we operate prosper as well. The Mars Five Principles – Quality, Responsibility, Mutuality, Efficiency and Freedom – inspire our Associates to take action every day to help create a world tomorrow in which the planet, its people and pets can thrive.

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