Regional Controlling Specialist

PURPOSE OF THE JOB

The Regional Controlling Specialist plays a critical role in supporting the Regional Controller to ensure accurate financial reporting, efficient branch operations, and compliance with internal controls and statutory requirements. This role is responsible for the management of distributor claims, trade spends, accounts receivables, and GST compliance, as well as identifying and mitigating operational risks. The Specialist acts as a key point of contact between the Regional Controller and cross-functional teams, providing actionable insights and ensuring alignment with organizational financial objectives.

All the responsibilities we'll trust you with:

Distributor Management - Claims and Reconciliation

Verify and process distributor claims in a timely and accurate manner, ensuring compliance with company policies. Support reconciliation of distributor accounts and obtaining No Dues Certificate. Support trade scheme management. Defining trade schemes in Bulls-I DMS. Assist in new distributor onboarding and F&F of closed distributors. Sending Customer Statements. Market Visits / DP Visits to understand the market issues.

On-Premise Financial Controlling

Contract Management: Review contracts submitted by Sales teams for accuracy and compliance. Forward contracts to the Regional Controller for review and submission to HO for approval. Spend Monitoring: Monitor spend requests for consumption activation and free goods, ensuring alignment with budgets. Event Financial Discipline: Assist in ensuring financial discipline during events and activations by monitoring adherence to HO processes.

Marketing Cell & Wings Team Controlling

Verify and process marketing cells expense. Review processes for tracking sampling stock and event tools used by the Wings Team. Conduct audits and checks to ensure compliance, proper usage, and minimal stock discrepancies. Support the implementation of tracking systems for sampling stock and event tools, providing feedback on process adherence.

POSM Management & Regional Warehouse Management

Collaborate with Sales/Operations to monitor POSM (Point of Sale Materials) deployment and their agreements. Work with Operations and HO Finance to implement and monitor processes and controls (e.g. stock audits) in regional warehouses. Support independent auditors/HO during physical verification of POSM assets deployed in the region.

Trade Spends Optimization and Sales Analysis

Complete monthly account reconciliations, including FOC cans, distributor accounts, marketing cells, and other ledgers. Assist in maintaining the accuracy of branch financials, ensuring trade spends in FOC (free-of-charge) and cash comply with Red Bull’s controlling guidelines. Analyze the effectiveness of trade spends by measuring their impact on sales growth across various channels (e.g., General Trade, SST, Modern Trade, On-Premise). Trade spends forecasts that align with sales objectives and budget constraints.

Governance, Compliance and Controls

Support implementation of internal controls, conducting regular audits to ensure process adherence. Collaborate with Tax and HO teams to ensure timely and accurate compliance with GST laws and other statutory requirements. Work with Sales teams to ensure accurate Bulls-I data entry and compliance with established processes. Assist in internal and external audits by preparing necessary documentation and addressing auditor queries.

Your areas of knowledge and expertise that matter most for this role:

• Education and Qualifications
• CA Inter with 3 to 5 years’ experience / CA Fresher / ICWA with 2 to 3 years’ experience or
• B.com / M.com with 7-10 years of relevant FMCG experience
• Knowledge and Skills
• Proficiency in MS Office, particularly Excel; experience with SAP is a plus
• Strong working knowledge of accounting principles, revenue recognition, and taxation.
• Analytical skills to measure trade spend effectiveness and identify opportunities for optimization.
• Collaboration skills to work closely with cross-functional teams.
• Problem-solving skills to troubleshoot compliance gaps and operational issues.
  
  

The description of this job offer is intended to collect the information necessary to identify, in a general and non-exhaustive manner, the general characteristics of the position, with the aim of allowing those who wish to apply and participate in the selection process to do so with full legal guarantees. You are also informed that Red Bull India Private Limited (‘Red Bull India’) will treat your application and those of other candidates with full respect for current legislation and fundamental rights; in particular, equal treatment and non-discrimination. Likewise, those who wish to start the process are informed that no rights can be expected as a result of this job offer.

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It has been brought to the attention of Red Bull India that certain individual/s posing as a ‘HR Executive’ of Red Bull India are fraudulently enticing unsuspecting candidates with fake job offers at Red Bull India by using fake appointment letters and/or interview letters in return for money, at times terming such money as a ‘refundable security deposit’.

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Red Bull India reserves the right to take legal action, including criminal action, against anyone attempting to misuse the brand name, brand logos and the names/designations of our employees for illegal and unauthorized activities.

For further information on Fraud Warning please visit: https://policies.redbull.com/policies/RedBull.com_IN/202309211109/en_IN/fraud_warning.html