Nestle India | Manager - Accounts & Milk Payroll

Responsibilities

• We are looking for a highly analytical and business-focused finance professional to join our Finance & Control team as a Manager - Accounts & Milk Payroll based out of Samalkha Factory.
• In this role, you will be responsible for driving robust accounting processes, financial controls, fixed asset accounting, period-end closing activities, and cost management initiatives.
• You will also play a critical role in managing the milk value chain, including farmer payments, milk costing, supplier negotiations, and process improvements.
• The position offers a unique opportunity to work at the intersection of finance, operations, and supply chain while driving business performance, compliance, and continuous improvement initiatives.
• Ensure accurate accounting transactions in compliance with accounting standards, internal controls, and statutory requirements.
• Coordinate period-end closing activities and maintain adherence to reporting timelines.
• Manage fixed asset accounting, capitalization processes, depreciation, and asset reconciliations.
• Review balance sheet reconciliations and resolve outstanding accounting issues.
• Support audits and ensure compliance with company accounting policies and standards.
• Drive financial governance and continuous improvement in accounting operations.
• Manage and control Fixed Factory Overhead (FFOH) and capital expenditure budgets.
• Monitor expenses, perform variance analysis, and identify cost optimization opportunities.
• Lead budgeting and forecasting activities while ensuring accuracy of financial estimates.
• Support business decision-making through data-driven insights and financial analysis.
• Lead end-to-end milk payroll operations ensuring timely and accurate farmer and agent payments.
• Manage milk costing, pricing analysis, and value chain reporting.
• Oversee milk collection controls, transporter reconciliations, and recovery processes.
• Evaluate milk procurement proposals and support cost negotiations with suppliers and partners.
• Monitor milk value chain performance and identify opportunities for process improvement and automation.
• Deliver regular operational and financial reports related to milk procurement and factory performance.
• Collaborate with cross-functional teams including Operations, Supply Chain, Procurement, Business Services, and Factory Finance.
• Act as a key contact for audit and compliance-related activities.
• Benchmark competitor pricing and field costs to support commercial decisions.

Requirements

• Strong accounting and financial control knowledge.
• Experience in budgeting, cost analysis, and financial reporting.
• Strong analytical capabilities with the ability to derive insights from large and unstructured datasets.
• Knowledge of SAP and Microsoft Office applications.
• Strong stakeholder management and networking skills.
• Negotiation skills, particularly in supplier/vendor management environments.
• Ability to work independently while collaborating across functions.
• Strong communication and influencing skills.
• Experience: 2-3 years of experience in Finance, Accounting, Controlling, or Manufacturing Finance.

Nestlé India

Nestlé India is the Indian arm of Nestlé S.A. of Switzerland, the world's largest food and beverage company. Its link with India goes back to 1912, the Indian company was incorporated in 1959, and its shares trade on the BSE and NSE. Its brands include Maggi, Nescafé, KitKat, Munch, Milkybar, Milkmaid, Everyday and Cerelac.

Its first factory opened at Moga in Punjab in 1961, and its head office is in Gurugram. Finance and Control teams at the factories, sales branches and head office handle factory and branch accounting, costing, commercial finance, controlling, taxation and internal control, which suits CA, CMA and MBA (Finance) profiles.

• Industry: Food and beverages (FMCG)
• Headquarters: Gurugram, India (parent company: Nestlé S.A., Switzerland)
• In India: Nine factories in Punjab, Haryana, Tamil Nadu, Karnataka, Goa, Uttarakhand, Himachal Pradesh and Gujarat, with branch offices across India