Job Family:
Financial Services
Sub Job Family:
Job and Job ID:
F&C Specialist
Job Groupings:
Region / Market / Country:
AOA
Position Dimensions / Scope
Location:
GURUGRAM
Enter Dimensions / scope
information
e.g. Net Proceeds of Sales (NPS): Number of Units or Factories:
Budget :
Number of direct subordinates / indirect subordinates: Business or Product categories
Department:
Finance & Control
Direct Report to:
F&C Controller
Date (updated or modified):
6/1/2025
Version Number:
Support the NBS Finance Controller in internal & external reporting, budgeting and monitoring of Center KPI, preparation & tracking of cross charges, assist in management presentation and evaluation of business growth opportunities.
Key Outputs: List the main results which the job must deliver in order to achieve its purpose.
Measurements / Performance Indicators
Financial and Operational Performance Co-Piloting
Prepare NBS annual budget ensuring data is comprehensive supported with variance analysis
Ensure integrity of business financial statements; Ensure fair and accurate reporting of the financial aspects of NBS according to all appropriate accounting standards, regulations and service agreements [Internal & External Reporting of Statements]
'- Responsible for Period End Closing and reporting of financial statements
Plan, coordinate and maintain cost control of NBS operations including monitoring and validating all financial indicators, prepare variances analysis, identify gaps, propose action plans
Manage a robust, documented and transparent invoicing process with all NBS customers (Markets/Operating Companies) as per defined cost allocation process and established Service Level Agreements
Communicate NBS financial performance to internal and external stakeholders
Prepare and report monthly & annual deliverables to NBS Center teams [accurate & on time submission]
'- Support and validate benchmarking results and contribute to driving customers to a Best in Class cost
'-Review and validate all reported NBS savings delivered by each NBS streamBudget, actuals and invoice accuracy and timeliness
'- Achievement of Center KPI's
alignment with NBS objectives
Invoice accuracy, documentation levels, on-time collections
Timely and accurate variance analysis, action plans and communication
Transitions / Expansions / Contracts Management
Assit in preparation and evaluation of NBS Projects Business Cases using appropriate financial evaluation tools / criteria to ensure fulfillment of investment profitability objectives and allocation of NBS resources in alignment with company strategy
Proactively reviewing & evaluating the contracts with various stakeholders in place and in line with regulatory compliances
Support contractual changes ensuring financial implications are appropriately highlighted and potential financial benefits are captured Business case tracking
% of contracts reviewed, evaluation tracking
Drive Compliance mindset
Ensure that company's Internal Control policies, systems and standards are properly implemented and executed
Support internal and external audits, and ensure implementation of potential audit recommendations
Foster an environment of control consciousness within the organization Sustained / improved internal and external audit results
Key Relationships Internal to Nestlé Group: (shared / conflicting interests)
Key Relationships External to Nestlé Group (shared / conflicting interests)
GNBS F&C
Market/Operating Company CFO and/or their delegates for NBS liaison
Local/Regional NBS Controller & Finance teams
NBS Operations and Transition
Legal, Treasury, Taxes, SCM and Purchasing
Shared Services Associations
Peer groups
Key Experiences:
What experiences are key to success in this job?
Knowledge: Nestlé Corporate / Functional / Market / Business / Organizational
What specific organizational information should the incumbent have to be effective in their role?
Candidate should be a Qualified CA.
Experience in working in a cross-functional and networked organization (internal and external providers)
- Prior experience in Accounting / Finance function (e.g. Costing, Accounts, Financial Planning & Analysis, Accounting & Reporting, ideally within a Shared Service Center environment)
- Developing and improving financial systems and major business processes
Understanding of Shared Service Center operations, internal and external business environment, capacity to benchmark
Solid knowledge of business processes and best practices to ensure sustainability and drive continuous improvements
Mastering of financial analysis tools & methods
Thorough knowledge of Accounting Standards
Solid knowledge of Costing Standards / approach
• Good knowledge of internal control concepts and framework •
Ability to create and present Business Cases and discipline in the tracking of financial performance
Communicate complex financial issues in a simple and easy to understand manner to non financial colleagues
Manage execution with effective project management skills and prioritization capabilities
Ability to support development and implementation of tools / methodologies
Effectively handle pressures and demands from multiple customers and competing priorities
Application of appropriate financial modeling techniques and scenario planning for decision making
Ability of understanding customer requirements and prioritizing effectively activities
Aptitude of seeing the big picture and identifying relevant areas of opportunities
Nestlé Leadership Framework
These are the leadership behaviours required as defined by the
position level of the role
Functional Competencies
These are the core functional competencies and the appropriate skill level
that is required to be effective in the role
Insight
Competency
Skill Level
Rock Solid Financial Management, Governance, Risk & Compliance
4. Can do alone
Result Focus
Business Processes & Systems
4. Can do alone
Insightful Business Analysis & Reporting
4. Can do alone
Enable Results Through Others
Effective Business Planning
4. Can do alone
Deliver
Strategy & Stakeholder Alignment
4. Can do alone
Other Personal Qualities
Other personal attributes not reflected in the NLF that will enable success
Superior communication skills, both written and verbal, to effectively address and influence all levels within the organization as well as with vendors and Operating Company customers
Good organizational and planning skills
Digital skilset - Presentations, Power BI, Excel etc.
