Olam International - Corporate Finance Manager - CA

Position : Corporate Finance Manager

Location : Chennai, India

Reporting : VP Finance

Level : G7

Job Summary:

Manager - Corporate Finance is responsible for a collection of processes between recording financial transactions and the publication of financial reports. The candidate should be a qualified Chartered Accountant.

S/he is responsible of providing financial statements that are compliant with accounting policies and IFRS. Responsibilities include posting journal entries, preparing balance sheet reconciliations, reviewing entries and reconciliations, supporting month end closing, preparing various reports as required and supporting audits.

Job Description :

- Responsible for month close and reporting process (review) being well established and documented

- Accountability for timeliness and accuracy of core deliverables (planning, analysis & reporting process and MEC related activities) and find opportunity to reduce the month end cycle by identifying and eliminating non-value-added activities.

- Ensure that the roles and responsibilities in the month closing and reporting process (including a required understanding of the entity's operations and appropriate accounting knowledge) are clearly defined, documented, updated, and communicated to counterparts on a timely basis

- Takes ownership and accountability for independent analytical work, process coordination and improvements.

- Ensure that financial statements adhere to accounting policies and any changes thereof from time to time and any exceptions identified are clearly highlighted to relevant stakeholders

- Application of the entity's accounting policies to each non-routine event or transaction is independently reviewed for appropriateness and ensures any exceptions are highlighted. Unusual items and exceptions are investigated and properly resolved / recorded in the general ledger in the appropriate accounting period

- Journal entries are independently reviewed, validated, authorized, and properly recorded in the appropriate accounting period

- All intercompany transactions and balances are identified, reconciled, and appropriately eliminated in consolidation in the appropriate accounting period

- All Profit Centre, Cost Centre and GL Accounts of the Entity are mapped as per standard chart of accounts

- Run and manage projects under the guidance of leadership, tracks the progress and flags off the risks

- Work closely with cross-functional team for effective collaboration and smooth execution of identified initiatives

Profile Description:

- Commerce Degree from an Institute of repute with Chartered Accountancy qualification with 6+ years in Finance and Accounts domain from a FMCG / Manufacturing or mix of GBS plus FMCG / manufacturing

- Experience in setting up Validation Checklists for processes and review on a continuous basis for completeness and accuracy

- Experience in independently reviewing, validating, authorising journal entries and ensure those are recorded in the appropriate accounting period

- Excellent understanding of International Financial Reporting Standards (IFRS)

- Good knowledge of SAP and SAP BPC / BO / BI / RPA would be an added advantage

- Extremely well versed with MS Office - Excel, Word Power Point

- Strong domain expertise, analytical skills and logical reasoning with good leadership capabilities

- Ability to handle pressure and work in an environment of strict deadlines

- Excellent communication, interpretation and comprehension skills, proactive and good in numbers

- A keen eye for details and desire to probe further into data

- Excellent ability for problem solving along with solid analytical skills, understanding of the business process, and system optimization

- Good understanding of the business concepts like fair valuation, derivatives, direct & indirect cost, budgeting, factoring etc. Experience on various reconciliations like intercompany, inventory, bank etc.

- Strong knowledge of management reporting and financial accounting

- Excellent Leadership and Stakeholder management skill

- Ability to layout clear plans for process standardization and implement the same

About OLAM:

Olam International is a leading agri-business operating from seed to shelf in 70 countries, supplying food and industrial raw materials to over 23,000 customers worldwide. Our team of 70,000 employees has built a leadership position in many businesses including cocoa, coffee, cashew, rice and cotton. Headquartered in Singapore and listed on the SGX-ST on February 11, 2005, Olam currently ranks among the top 40 largest listed companies in Singapore in terms of market capitalization and is a component stock in the Straits Times Index (STI), MSCI Singapore Free, S&P Agribusiness Index and the DAXglobal Agribusiness Index. Olam is the only Singapore firm to be named in the 2009 Forbes Asia Fabulous 50, an annual list of 50 big-cap and most profitable firms in the region. It is also the first and only Singapore company to be named in the 2009 lists for the Global Top Companies for Leaders and the Top Companies for Leaders in the Asia Pacific region by Hewitt Associates, the RBL Group and Fortune. More information on Olam can be found at www.olamgroup.com.

Olam Information Services (OISL) is a captive subsidiary of Olam International, Singapore offering IT Services & Global Business Services across its operations in 65 countries in Asia, Africa, EU & Americas. In Chennai, we currently have onboard more than 1000 highly motivated employees. Olam Digital has received International Innovation Award 2019 for Best Services and Solutions. Olam Information Services Private Limited (OISL) has been recognized as Kincentric Best Employer India 2020 and The Economic Times Best Workplaces for Women 2021 to become one among the elite group of organizations that have won this coveted recognition.

Olam Global Business Services (OGBS) is a captive unit that offers End to End business process and analytics solutions. OGBS currently offers its solutions in 7 Platforms: Finance, Supply Chain and Logistics, Procurement, People Services, Risk & Market Compliance, MATS (Manufacturing and Technical Services), Taxation etc. At this moment, OGBS is located in City of Chennai, India and provides its services to over 20 countries. Olam GBS has received Best Shared Services in India Award - 2019, by Shared Services Forum and Asia's No.1 Shared Services in Process Improvement and Value Creation, 2019 by Shared Services and Outsourcing Network Forum.

Know more: follow Olam Information Services on LinkedIn.