Olam International - Senior Manager - Finance

Position : Senior Manager

Location : Chennai

Reporting to : GM/VP - Finance

Job Summary :

- The incumbent is expected to perform a variety of Finance and Accounting operations role including preparation of budget and operating plans, analyzing and reporting actual vs. forecast numbers, reviewing and analyzing cost and related trends.

- S/he is responsible to manage all the areas under Financial and Management Reporting like General Ledger, Fixed Assets,

- Cash Management, Payables and Receivables etc., with a team of finance leads and specialists.

Job Description:

- 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

- Ensure that financial statements of the Entity/BU handled adhere to accounting policies defined by the Corporate and any changes thereof from time to time and any exceptions identified are clearly highlighted to onsite teams

- 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 to business on an immediate basis. Unusual items and exceptions are investigated and properly resolved/recorded in the general ledger 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

- Supports the annual budget and operating plan preparation, reviewing and analyzing cost and related trends, conduct analysis and reporting of actual Vs. forecast numbers

- Ensure month close and reporting process (review) is well established and documented

- Ensure adherence to Timeline and Accuracy SLAs and meet internal / corporate deadlines.

Profile Description :

- Qualified Chartered Accountant with at least 10 years of experience in an FMCG/Food Processing industry

- Hands-on experience in all RTR areas in SAP - general ledger, fixed assets, cash management, accounts payable, accounts receivable etc.

- Good understanding of SAP FI, CO, CO-PA & interdependencies

- Excellent knowledge of FP&A and commercial operations in a FMCG set up

- Thorough understanding of standard costing in manufacturing and ability to work as a supply chain finance partner cost accounting qualification in addition to CA, is a clear advantage

- First-hand experience on multiple entity financial consolidation; understanding of eliminations and specific consolidation journal entries

- Value stream mapping/productivity projects experience in shared services centre

- Should be a self-starter and be able to manage critical business transformation projects independently

- Good communication and interpersonal skills; ability to manage multiple stakeholders - flexibility to work in different shift hours as and when needed to be able to handle stakeholder from multiple geographies

- Willingness to travel (for shorter duration and during transitions), flexibility to stretch during month-end/year-end closures, excellent analytical capabilities and ability to manage a team of 15-20 members are all essential attributes.

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.