Senior Finance Analyst, Procurement Finance

Posted 2 Hours Ago
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Mumbai, Maharashtra, IND
Hybrid
Mid level
Big Data • Food • Hardware • Machine Learning • Retail • Automation • Manufacturing
We're a global snacking company empowering people to snack right.
The Role
The Senior Analyst in Procurement Finance analyzes material costs, tracks purchasing variances, and collaborates with procurement and finance teams to optimize cost management and reporting processes.
Summary Generated by Built In
Job Description
About the Role
The Senior Analyst - Procurement Finance supports financial planning, reporting, and analysis related to direct material procurement across manufacturing locations. The role works closely with procurement, supply chain, and finance stakeholders to track commodity cost movements, analyze purchase price variances, and provide financial insights that support cost management and business decision-making.
This role is part of the Procurement Finance Centre of Excellence, supporting regional procurement and supply chain teams by strengthening financial reporting, analysis, and governance around material cost management.
Key Responsibilities
Financial Analysis & Reporting
  • Analyze raw and packaging material costs and provide insights on commodity price movements and cost trends
  • Track purchase price variances and identify key drivers of cost fluctuations
  • Support month-end closing activities and procurement-related financial reporting
  • Assist in preparing forecasts and financial analysis related to procurement and material costs

Cost & Productivity Tracking
  • Support tracking of procurement productivity initiatives and cost improvement programs
  • Maintain productivity trackers and validate financial impact of initiatives
  • Provide analysis on the effectiveness of cost-saving initiatives and procurement strategies

Business Partnering
  • Work closely with procurement teams to understand category cost drivers and supply market dynamics
  • Collaborate with supply chain and finance stakeholders to explain cost variances and performance trends
  • Provide insights on material cost impacts on category and business performance

Financial Systems & Data Governance
  • Support maintenance of procurement-related master data, pricing information, and material standards in ERP systems
  • Run and analyze finance and procurement reports from SAP or similar ERP systems
  • Ensure adherence to financial policies, processes, and internal controls

Forecasting & Planning Support
  • Support forecasting of raw and packaging material costs
  • Assist in building financial models and analysis to evaluate procurement scenarios and cost sensitivities

Experience
  • Approximately 3-6 years of experience in Finance within a multinational or manufacturing environment
  • Exposure to Supply Chain Finance, Procurement Finance, Cost Analysis, or Business Finance roles is preferred
  • Experience in consumer goods, manufacturing, or operations-driven businesses is advantageous

Technical Skills
  • Strong analytical and financial modelling skills
  • Understanding of financial statements and cost drivers
  • Proficiency in Excel and familiarity with ERP systems such as SAP
  • Core Competencies
  • Strong attention to detail and analytical mindset
  • Ability to work effectively with cross-functional stakeholders
  • Strong communication and problem-solving skills
  • Self-driven with a proactive approach to learning and improvement

Within Country Relocation support available and for candidates voluntarily moving internationally some minimal support is offered through our Volunteer International Transfer Policy
Business Unit Summary
Mondelez India Foods Private Limited (formerly Cadbury India Ltd.) has been in India for over 70 years, making sure our mouth-watering and well-loved local and global brands such as Cadbury chocolates, Bournvita and Tang powdered beverages, Oreo and Cadbury Bournvita biscuits, and Halls and Cadbury Choclairs Gold candies get safely into our customers hands-and mouths. Headquartered in Mumbai, the company has more than 3,300 employees proudly working across sales offices in New Delhi, Mumbai, Kolkata and Chennai and in manufacturing facilities at Maharashtra, Madhya Pradesh, Himachal Pradesh and Andhra Pradesh, at our global Research & Development Technical Centre and Global Business Hub in Maharashtra and in a vast distribution network across the country. We are also proud to be recognised by Avatar as the Best Companies for Women in India in 2019 - the fourth time we've received this award.
Mondelēz International is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation or preference, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Job Type
Regular
Finance Planning & Performance Management
Finance

Skills Required

  • Approximately 3-6 years of experience in Finance
  • Exposure to Supply Chain Finance or Procurement Finance
  • Strong analytical and financial modelling skills
  • Proficiency in Excel
  • Familiarity with ERP systems such as SAP

Mondelēz International Compensation & Benefits Highlights

  • Retirement Support The 401(k) structure combines a 4.5% basic company contribution with up to an additional 4.5% match, with company contributions vesting after two years. This provides up to 9% in company contributions when at least 6% is contributed by the employee.
  • Healthcare Strength Multiple national medical carrier options are offered with in‑network preventive care at 100%, plus company‑paid basic life insurance and short‑term disability. Optional long‑term disability and supplemental life/AD&D expand protection choices.
  • Parental & Family Support A global parental‑leave standard supports birth, adoptive, and foster parents across the enterprise. Additional supports include adoption and surrogacy assistance, childcare discounts, and an Employee Assistance Program with counseling and well‑being tools.

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The Company
HQ: Chicago, IL
90,000 Employees
Year Founded: 2012

What We Do

Mondelēz International, Inc. (NASDAQ: MDLZ) is an American multinational confectionery, food, and beverage company based in Illinois which employs approximately 90,000 individuals around the world. Our Purpose Our purpose is to empower people to snack right. We will lead the future of snacking around the world by offering the right snack, for the right moment, made the right way. Our Brands We’re leading the future of snacking with iconic brands such as Oreo, belVita and LU biscuits; Cadbury Dairy Milk, Milka and Toblerone chocolate; Sour Patch Kids candy and Trident gum. Our People Our 90,000+ colleagues around the world are key to the success of our business. Our Values and Leadership Commitments of Love our Consumers and Brands, Grow Every Day, and Do What's Right shapes our culture – what we believe in, stand for, and what guides our actions and decisions. Great people and great brands. That’s who we are. Our Strategies We are uniquely positioned to lead the future of snacking with strong leadership in our categories, an unparalleled portfolio of global and local brands, and a solid footprint in fast-growing markets. Aimed at delivering sustainable growth, our strategic plan is centered around three strategic priorities: • Growth: accelerate consumer-centric growth • Execution: drive operational excellence • Culture: build a winning growth culture

Why Work With Us

We offer passionate, energetic and curious people a huge choice of careers in our fun, fast-paced, global business. We operate in four regions: Asia, Middle East & Africa; Europe; Latin America; and North America. And in over 80 countries our people are united in a common purpose to empower people to snack right.

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Mondelēz International Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

#TeamMDLZ F​lexible Work​ing Pledge: We Trust each other to work flexibly and productively We show Empathy, encouraging belonging and connection We are Mindful of making space and taking time

Typical time on-site: Flexible
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