Assistant Finance Manager Commodity Risk Management

Year    KA, IN, India

Job Description

JOB TITLE:

UI Assistant Finance Manager - Commodity Risk Management

JOB LOCATION:

Bangalore, India

RELOCATION TERMS:

Local terms

UNILEVER INTERNATIONAL IS...

Unilever International is Unilever's fastest growing and entrepreneurial business, EUR 1.2 billion in

turnover. UI's purpose is to serve the underserved - markets, consumers, channels, brands, working

in close partnership with Unilever's Business Units (BU) and Business Groups (BG). UI is

headquartered in Singapore and has a global remit with teams spread across nine hubs (Singapore,

US, UK, Korea, India, Dubai, France, Philippines, and Australia).

PURPOSE OF THE ROLE...

The successful candidate will lead Global Commodities and Risk Management Back office (BO)

operations, reporting and compliance activities. It is an exciting opportunity to learn about the end

to-end commodity hedging process and the application of various derivative instruments within it.

The role gives good visibility and has regular engagement with both FO and MO teams, as well as

senior Global procurement and finance leaders. The successful candidate will also lead and

manage an offshore team and play a pivotal role in relevant global projects and its roll out of new

commodities/ territories/ instruments/ exchanges.



KEY RESPONSIBILITIES:



1. Operations

Lead daily Trade confirmation, settlement and reconciliation of the respective derivative

instruments Unilever utilizes for hedging purposes ie OTC, TFC/Paper Settlements & ETD

and ensure follow-up and resolution of issues.

Perform Monthly reviews and activities involving the following:

? Preparation of KPI Trackers for FO teams

? Average swaps (OTC) price verification & Settlements

? Collateral Exposure management for OTC & management of Custodian

? C&RM Monthly Reconciliation and Month end Journals

2. Governance and Compliance

Continuously review risk management controls for counterparty and market risk. Coordinate with MO & other stakeholders (FO, Banks, Custodians, Legal etc) to set up new

commodities, counterparties, instruments & new processes for C&RM

Pro-actively engage and partner MO/FO in analyzing impact of new regulations /

agreements / compliances / margin and settlement rules with counterparties

Regularly update SOPs & DTPs for sustainable processes Facilitate SOX / OCA & other regular audits of C&RM function

3. Future fitting CRM BO

Streamline and continuously improve to simplify the CRM BO processes-proactively

identifying and closing gaps and increasing efficiency

Lead or be involved in Global simplification projects affecting CRM BO activities

KEY REQUIREMENTS:



Degree in Accounting/ACCA/Finance Prior experience in Commodity Risk Management or any Treasury Hedging role is key Additional experience in Compliance/Audit roles is beneficial A high degree of integrity, personal self-discipline and a strong work ethic. Strong communication skills and ability to respond and deliver under pressure Highly numerate and analytical Excellent project management and analytical skills * Must be a team player with a positive attitude and open mind

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Job Detail

  • Job Id
    JD4682261
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    KA, IN, India
  • Education
    Not mentioned
  • Experience
    Year