Finance Manager

Finance Manager, Corporate (Pan Macmillan India)

Your team :

This is an exciting opportunity to join an award-winning publisher in a fast-paced, dynamic and supportive finance team. The Finance team collaborates with each department on budgeting and forecasting revenues and costs, tracking performance against targets by producing management information and analysis, and assisting teams with cost control. We support all commercial decisions, including acquiring book rights and negotiating contractual terms with customers and suppliers.

Your role :

Reporting to the Associate Director Finance, the Finance Manager, Corporate position is a key part of the Pan Macmillan India Finance team. This role offers exposure to the entire business at all levels, from assistants to the leadership team, and the opportunity to work with brilliant, creative people who are passionate about their work and making a difference. This is a varied role with a key focus on commercial decision support. Central to this position is regular reporting on author and title profitability, alongside financial planning, analysis, and business partnering for promotional costs. The work undertaken in this role will directly impact key business decisions both in the short and long term. This role is based in New Delhi .

Your key responsibilities :

• Periodic Reporting : Preparation of Monthly reports for the UK, including MIS, Sales and Stock; debtor and foreign remittances.
• Monthly Accounts Closing : Preparation of Profit and Loss, and Balance Sheet as per Hyperion.
• Provisions & Accounting : Computation of Provision for Doubtful Debts, Stock obsolescence, and stock Returns as per company policy. This also includes Debtor Aging and bad debts provision, Fixed Assets and depreciation, and reinstatement of Foreign Exchange liabilities and recording exchange fluctuation.
• Audit Support : Ensuring Process Efficiencies and reviewing adequacy of controls in operational activities for Internal Audit. Providing support to Statutory and Tax Auditors.
• Supplier Management : Managing the smooth functioning of Vendor Accounts. Overseeing the recording of invoices, credit notes, timely payments, and reconciliations for Macmillan Distribution Limited (UK), MPS (US), and other Third Party Publishers.
• Royalty Management : Computation and payment of Author advances and Royalties. Monthly Accrual of Royalty for Management Reporting. Preparation of Six Monthly Royalty Statements for authors and agencies. Keeping track of advance payments and balance dues.
• Financial Analysis & Decision Support : Sales Analysis and Business Development / Decision Support. Preparation of Budgets & Forecasts, and Variance Analysis. Inventory Control & Stock analysis. Preparation of Cash Flow statement on a weekly, monthly, and annual basis.
• Contracts : Vetting of contracts / agreements and assisting the company in seeking legal opinion as and when required.
• System & Process Efficiency : Responsible for the smooth functioning of the company ERP along with the Associate Director Finance. Defining and ensuring Process Efficiencies as directed by Internal Audit.

Essential experience, abilities and knowledge you’ll need to succeed :

Desirable skills we’d love you to have :

How to apply : To apply, please submit your CV and a covering letter confirming your current salary and quoting reference to paninfo@macmillan.co.in.

PLEASE NOTE : Due to the high volume of applications received, we are unable to respond to everyone. If you have not heard from us within two weeks of the closing date, unfortunately, you have not been shortlisted for the position.