Hindustan Unilever

R2R Assistant Manager, Financial Reporting-Tea Business

Job Location:  Bangalore
Job Description:  SkillSet: sales, mis, accounts, tat, banking.

Job Title: R2R Assistant Manager, Financial Reporting-Tea Business

Work Location: Bangalore, India

Job Type: Fulltime

Travel required 10% or limited travel. Now limited due to CV19 restrictions

About the Tea Business

Unilever is proud of its Tea business, the biggest in the world, with world class purpose driven brands such as Lipton, PG tips and Pukka. Recently, Unilever decided to separate the Tea business to ensure it can best achieve its potential. Unilever is currently reviewing several options for separation, independent division, an initial public offering, etc. This separation excludes the Tea businesses in India, Nepal and Indonesia, and the partnership interests in the ready-to-drink Tea joint ventures.

The balance of the Tea brands and geographies and all Tea estates, with generated revenues of 2 billion in 2019, is growing and profitable with proven potential both pre- and post-COVID-19. As a standalone entity, the Tea company remains number one in the world and is even better positioned to lead the industry and take full advantage of the opportunities in the category, with more focus and entrepreneurship driving greater growth and value.

The current vision for the Tea company is to champion a tastier, healthier, more sustainable world of plant-based drinking. Purposeful thinking will be the core anchor of the business, its brands as well as its culture, and enables simple and agile decision making, supports an entrepreneurial mindset and is driven by passion for our consumers.

As we move through this journey towards separation, we are seeking employees with a passion for exciting entrepreneurial experiences, who want to pursue unique career opportunities and have a desire to be an integral part in building the bright future of this Purpose driven business.

Your role:

  • End to end responsibility of supporting the Record to Report processes and operations across management units of the Tea business, both Financial and Management reporting.

  • Involvement in the design and set up of R2R Shared Service Centre operations for a newly formed organization.

  • Management of Month Close Process within Finance system, Preparation, presentation, inputs and submissions. Validating Financial Reports, reconciliation and query resolution

  • Management of general accounting transactions, including opening balance rollforward, working with third party providers and local markets.

  • Reconciliations between multiple Finance systems, including technical troubleshooting.

  • Ensuring all statutory, local and tax audit standards are met.

  • Accountable for Managed services/third party service provider operations

  • Ongoing Projects - ad hoc depending on business needs.

Your Key Tasks:

  • The individual has a natural bias for action and is willing to make a positive difference to achieve higher levels of performance.

  • Takes direct ownership of objectives with high levels of self-assurance to achieve goals.

  • Bringing powerful analysis to issues and rapidly absorbing new information and knowledge to apply new techniques, technology, and procedures.

  • Fully involve in design set up and automation initiatives including testing.

  • Impactful and flexible in communicating and influencing the issues with the ability to work across metrices of functions.

  • Accountable and responsible for ensuring Global finance controls.

  • Accountable for third party service provider / managed services operations

Stakeholder Management and key interfaces:

  • Reports into Record to Report Manager for the Shared Service Centre

  • Head of Shared Services

  • TeaCo local market financial controllers

  • Third party service providers

  • Auditors

Skills and Experience

  • A semi-qualified Chartered Accountant/Cost and Management Accountant / Master s in Commerce graduate

  • Minimum 3 years experience preferably in FMCG industry.

  • Strong understanding of Accounting standards (IFRS, Indian GAAP)

  • Strong financial and business acumen

  • International Financial Reporting Standard (IFRS) knowledge is preferred.

  • A stint in corporate Finance or Global Shared services center preferred.

Who we are looking for

  • Strong functional experienced individuals with accounting background

  • End to end management, ability to understand the big picture but also comfortable with details.

  • Able to communicate effectively, remotely and a team player.

  • Being a digital savvy in driving automation

Functional Area:  Finance / Accounts / Tax
Experience:  3 - 6 years
Qualification:  ("Other in Other") OR ("C.A in any field")
Salary:  5 Lakh to 9 Lakh INR
Hindustan Unilever
Job Ad publication date: 05 Mar 2021  

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