Saturday, 26 June 2010

Excellent openings for Head - Financial Accounts & Treasury with world's topmost Consumer packaged foods company

We are pleased to introduce ourself as a reputed Personnel Search Agency based at Delhi by the name of OPTIONS INDIA .We handle recruitments in the FMCG industry and cater to companies like- Nestle India, Dabur, Pepsico, Frito Lay India, 3M, Agrotech Foods, Johnson & Johnson, Reckitt Benckiser, TATA Tea, Perfetti, Glaxo Smithkline etc.

We are currently looking for a  Head - Financial Accounts  & Treasury position with the topmost FMCG/ packaged foods MNC in India. The position is to be based at

Our client is amongst the topmost processed food manufacturers in India. They manufacture, market and export a wide range of packaged foods to global markets that include USA, UK, Australia, New Zealand, Malaysia, Singapore, UAE, Japan and Oman. They are part of a $9 billion Multinational group who are world leaders in branded consumer goods category.

Candidate Profile :

Chartered Accountancy is a must + 8 – 10 years experience in a senior Finance management position in a Corporate environment preferably in an MNC

·     Must have exposure to fund management, FE cover, P&L &  Balance Sheet finalisation and financial analytics

·     Working knowledge of IFRS is preferable

·     Knowledge of treasury matters with at least 2-3 years of direct hands-on experience with banks and financial institutions .

Job Responsibility:


·       Lead role in Financial Accounting and reporting for Corporate both for Indian accounts as well as reporting to parent organisation

·       Responsible for accurate recording of all transactions – sales, material, expenditure and the generation and analysis of monthly/periodic P & L as per set financial accounting policies

·       Ensure credit policies are complied with in respect of both receivables & payables, thereby optimise cash flow management

·       Periodically review collection performance and highlight to Sales for appropriate action.

·       Ensure that timely deductions and remittances of all individual taxes.

·       Administer treasury operations, cash and cash flow.

·       Develop mechanisms to reduce the cash flows - float through appropriate policies on receivables and payables.

·       Take calls on Forex cover to optimize gains.

·       Continuously evaluate cost of funds to substitute high cost funds with low cost funds. To this end develop productive relationships with banks and FIs.

·       To invest surplus funds in short and long term instruments and ensure attractive returns.

·       Analyse CAPEX requirements and determine funding strategy.

·       Determine appropriate norms for internal costing of funds to ensure these are adequately reflected in P & L and ROCE.

·       Define a cost effective risk cover strategy for loss and damages including for causes that may be force majeure.

Salary : Best in the Consumer Goods industry - Not a limiting factor

Location: Bangalore

For this we require you to furnish the following details:

1.Your latest updated CV as a word attachment.
2.Your current compensation package.
3.Your willingness to relocate to
Kindly email to :

Awaiting your response on the above.

With warm regards,

Options India

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