Job Description

Job Title: Assistant Finance Manager - Corporate OH FET
Location: Bangalore
About Unilever
Be part of the world's most successful, purpose-led business. Work with brands that are well-loved around the world, that improve the lives of our consumers and the communities around us. We promote innovation, big and small, to make our business win and grow; and we believe in business as a force for good. Unleash your curiosity, challenge ideas, and disrupt processes; use your energy to make this happen. Our brilliant business leaders and colleagues provide mentorship and inspiration, so you can be at your best. Every day, nine out of ten Indian households use our products to feel good, look good and get more out of life - giving us a unique opportunity to build a brighter future.
Every individual here can bring their purpose to life through their work. Join us and you'll be surrounded by inspiring leaders and supportive peers. Among them, you'll channel your purpose, bring fresh ideas to the table, and simply be you. As you work to make a real impact on the business and the world, we'll work to help you become a better you.
About Bangalore Hub
Unilever Operations (UniOps) is the global technology and operations engine of Unilever offering business services, technology, and enterprise solutions. UniOps serves over 190 locations and through a network of specialized service lines and partners delivers insights and innovations, user experiences and end-to-end seamless delivery making Unilever Purpose Led and Future Fit.
About the Team
The Corporate OH FET Team is a high performing team, responsible for Planning, Budgeting and analysis of global Overhead cost and savings including FTE movements. The team collates and analyses cost across, regions and functions, to find meaningful actionable insights. The team is also responsible for performance management.
About the Role
The Corporate FET Overheads Asst Finance Manager role is a critical role in Corporate FET OVH team. The role will drive efficiency in the budgeting, planning, and forecasting processes of the organization while enabling short term control over costs and driving longer term leverage. The role is responsible for the budget management within the service line, ensuring that budget owners have transparency and ensuring that actuals are reflected accordingly. The role will include supporting of business cases less than 3m, ensuring they are commercially viable. It is an excellent role to further develop and utilize accounting skills, to gain experience in the management of a global budget. The role reports to the Corporate FET Finance Manager and is a key member of Finance Operations Global Cost controls team, working closely with FBPs, service lines and leadership team.
Key Responsibilities
Budget Management

• Work with the FBP and service lines to ensure budgets are fully understood so effective management can take place
• Ensure controls are in place to effectively track and manage the budget to avoid under/over spend; highlight issues in time to enable pro-active resolution.
• Provide support to the service line team, in order to track actual spends and enable accurate forecasting. Track actual vs. forecasts and highlight any issues proposing course of action
• Perform Accruals / Provisions / Prepayments / Reclassifications as required working with SSP and Service lines.
• Manage the budget transfer process with various stakeholders
• Ensure intercompany charge outs are completed effectively, initiate as required
• In conjunction with FBP - Support the annual budgeting process, including the visibility of key drivers so budgets can be set accordingly.
• Programmes Monthly tracking and reporting - budget actuals vs forecast

Forecasting

• Partner with Service Line budget holders, FBP's and SSP team in monthly & quarterly forecasts
• Ongoing performance review of actuals vs forecast and gaps to close
• Assist the finance team in analyzing resource allocation among projects
• Review of forecast bias/accuracy and drive improvement with finance business partners. Share best practice to drive accuracy

Business Cases

• Financial sign off, of all business cases under 3m.
• Ensure all relevant documentation is in place

Continuous Improvement

• Regular review of processes and driving simplification projects (GLC, ICC hierarchy clean-up), while enhancing controls.
• Guidance on accounting treatment to Finance Business Partners
• Provide ad hoc analysis of business performance.

Key Interfaces

• Finance Business Partners
• Finance Leadership team
• Controllers
• Service line budget holders
• SSP / Vendor team

Key Requirements

• Strong analytical, data accuracy skills and communication skills
• Ability to work fluidly with data and across systems
• Experience in financial accounting or management accounting
• Strong organisational and prioritisation skills
• Ability to work collaboratively with others on key deliverables
• Ability to drive process and report simplification & improvements
• Excellent in Microsoft Office suite, including Excel, Word and Outlook
• High degree of flexibility and ability to quickly understand new topics
• Ability to present complex information in a simplified manner
• Digitally savvy / capable

Education Qualifications

• Chartered Accountancy or equivalent degree with 3~4+ years of relevant experience or
• MBA Finance, ICWAs with 5+ years of relevant experience

Please Note
All official offers from Unilever are issued only via our Applicant Tracking System (ATS). Offers from individuals or unofficial sources may be fraudulent--please verify before proceeding

Skills Required