Finance Process Analyst
Bangalore, IN
About Us
As a leading provider of high-quality food and beverage ingredients, we work with farming communities across the globe to grow, source and produce ingredients that are good for consumers, farmers, and the world around us. We supply household food brands and manufacturers worldwide with cocoa, coffee, dairy, nuts and spices ingredients which are often grown on our own farms and estates and sourced from hundreds of thousands of farmers across ~50 countries. Along with our diverse manufacturing and innovation capabilities, this means we can provide ingredients for a range of products, from a plant-based latte mix to an almond based snack bar or a dairy-free ice cream. Making a positive impact on people and planet is a core component of our Purpose, to be the change for good food and a healthy future. With a deep-rooted presence in the countries where our ingredients are grown, we are closer to farmers, enabling better quality, and more reliable, traceable, and transparent supply. And whoever we’re with, whatever we’re doing, we always make it real.
Global Process Owner (GPO) Function Scope
The GPO function is a part of Group Finance made up of GPO, Group Controlling, Cost Transformation and Financial Accounting and Reporting teams (FAR) teams.
The Group Finance team is responsible for ensuring that all Group level consolidation, Group level management accounting and Group level Cost Reporting reporting to Board, GCEO, GCFO, Executive Committee and Corporate Leadership Team is properly executed. This involves creating and nurturing Group level finance & accounting policies and processes.
The GPO team is responsible for ensuring that Finance & Accounting processes are standardized, simplified, strengthened and systematized (automated and digitized). To this extent, the GPO team is the guardian of all finance related processes both inside the IT systems used by the ofi Group as well as outside the IT Systems through offline Finance processes.
To carry out the above responsibilities, GPO team works very closely with the other 3 Group Finance teams, the Country & Business Finance teams, ofi IT and Mindsprint IT & Shared Services teams in Chennai and multiple / varied business stakeholders. Interactions are carried out across the hierarchy including in some cases the GCFO & Executive Director Finance. Work is carried out in 2 ways – discrete and targeted projects to improve F&A processes and regular process reviews.
GPO team has both granular as well as a high-level visibility of critical group-wide processes in a US$14Bn topline organization. The exposure to this size, scale and complexity of how a MNC group operates, utilizing multiple processes and systems, is quite unique.
Location: Chennai, India
Job Summary:
Finance Process Analyst is responsible for setting up, maintaining and improving finance processes at a Group level. The candidate should be a qualified Chartered Accountant. S/he is responsible for identifying improvement opportunities, presenting the case to leadership & obtaining sponsorship, planning the execution of discrete projects or continuous review mechanisms for ensuring process maturity, efficiency and effectiveness and flagging risks.
Job Description:
- Thought leadership in identifying key group wide finance processes and areas of improvement in them
- Ensure key groupwide processes are well established and well documented – core deliverable
- Above will include some element of audit like work of review of processes and may include analytical work on data – to ensure processes are functioning as designed
- Takes ownership and accountability for independent analytical work, process coordination and improvements
- Work seamlessly with internal cross-functional teams as well as external consultants to carry out projects related to standardizing, strengthening, simplifying, automating and digitizing finance processes
- Accountability for timeliness and coverage of core deliverables – complete ownership & control of project execution required
- Run and manage projects under the guidance of leadership, tracks the progress and flags off the risks
- Ensure that financial process controls, adherence to accounting policies and a strong control environment is maintained in finance processes
- Work on rolling out IT systems like SAP / EPM / Concur at a Group level while incorporating all the above.
Profile Description:
- Commerce Degree from an Institute of repute and Chartered Accountancy qualification with minimum 5+ years in Finance and Accounts domain is a must
- If the above experience is from a FMCG / Manufacturing or mix of GBS plus FMCG / manufacturing background, then it is a bonus
- Experience in audit firms and consultancy with exposure to finance processes is also welcome
- Experience in setting up, maintaining and reviewing finance processes end to end is a necessity and exposure of the same for business processes is a plus point (especially in a back office / GBS environment)
- Exposure to improving control environment of finance processes is welcome
- Understanding of International Financial Reporting Standards (IFRS) is welcome
- Good knowledge of SAP and SAP BPC / other EPM tools would be an added advantage
- Extremely well versed with MS Office – Excel, Word Power Point
- Ability to handle pressure and work in an environment of strict deadlines
- More of a playbook creator than a playbook user
- Excellent communication, interpretation and comprehension, problem-solving skills, proactive and good in numbers
- A keen eye for details and desire to probe & question further – a curious mind
- Good understanding of business processes and some exposure to system optimization
- Strong domain expertise (consequent to being CA) of management reporting and financial accounting
- Excellent stakeholder management skills
- Ability to visualize and layout clear plans for process standardization and implement the same
ofi is an equal opportunity employer and values diversity. All qualified applicants will receive consideration for employment without regard to racial or ethnic origin, color, age, religion or belief, sex, nationality, disability, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by applicable law.
Applicants are requested to complete all required steps in the application process including providing a resume/CV in order to be considered for open roles.