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Business Finance | Scrabble

Posted on April 4, 2024

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

 

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