Business Finance | Scrabble
Job Description
IB team of EY, Citi group
Finance and Strategy
1rst round, now Pec
Frozen dessert and ice cream – 20 years back
Left the business – initial 10-15 years only in Karnataka, TN. MOSPL – first round
Now expanding – 2nd largest in South India. 6-7yh largest brand in revenue
Maharashtra – Mumbai central just started
Ice cream – interesting category
Next few years – IPO – building for scale
Business finance – analysis of MIS, business plan, multiple functional analysis, cost optimisation
Report to CFO
Analytical strong
Revenue – 100mn USD
Growth – last 10 years – 25-30%
3-4-5 years – 25-30%
Fastest grown within industry
Ebidta margin – best within industry
Sales growth, profitability – leading numbers in icecream industry
150+ SKU – cup, coke, stick, ice cream cake
10-400Rs SKu
Orissa, MP also
1 Mfg facility – all in Bangalore
1 more unit in Hyderabad
Typical distribution model – 500
Trained accounts team – Bcom + CA – numbers for MIS
Complex financial
Brand name – dairy day
Havmour
HUL – talent wise
Bangalore
Sorbet
Treat to yourself – indulgence
Finance team
IC role
Junio
South Bangalore – JB Nagar near
E-commerce, Large FMCG, Pharma - cipla, reckit, Asian paints, HUL, Marico, FK
Unilever – spining off – kwality walls ice cream space
4-5 years
Stakeholders
P/L size
Nishant to meet first
Saurabh
Bangalore based
MBAs – 4/8 years relevant exp in business fin
40-50 lakhs budget
ESOPS -not sure right now
Out of the way to share benefits with EE – one time bonus or ESOPS fair compensation for achieveing milestones
Deliver value
Current comp - 35-40 lakhs
