Job Description

About Us

Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to over 19,800 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of 4.8 million farmers. Through our purpose to \'Re-imagine Global Agriculture and Food Systems\', Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders. Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.

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 Global Business Services (OGBS) is a captive unit that offers End to End business process and analytics solutions. OGBS currently offers its solutions in 6 Platforms: Finance, Supply Chain, People services, Risk & Market Compliance, Big Data Analytics and Business Intelligence. 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.

Job Summary

The Financial and Management Reporting DM is responsible for compliance of timelines and accuracy of monthly financial transaction processing & Reporting, S/he will also be accountable for the HuB Operations: take care of addition/deletion/reconciliation with GL to FA register with regards to Fixed Assets, activities like Intercompany confirmation & sorting out Recon differences, FX Revaluation, Interest register,etc., as part of month-end processing (period close). S/he will also be responsible for managing multiple stakeholders, respective team(s). Shall be playing a pivotal role in the FMR Reorganization of creation of the Center of Excellence (HuBs).

• 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 adherence to Timeline and Accuracy SLAs and meet internal / corporate deadlines for key Corporate finance activities like FX Revaluation, Interest register run, Intercompany reconciliation, Indirect cost provisioning, etc.,
• Review and analysis of various direct /indirect cost bookings and related trends, ensuring cost recharges are properly booked between head office and other entities.
• Ensure Intercompany reconciliations are prepared and circulated as per Timelines and unreconciled items are sorted out with respective counter parts within timelines
• Support for SFRS Audit pack preparation, review of Intercompany related Schedules
• Fixed asset and IFRS 16 Lease accounting related exposure
• Result oriented and consistently drive process improvements and standardization partnering with different internal and external teams
• Support for Internal and Statutory Audits
• Come up with automation mindset to drive and initiate standardization and Automation initiatives.
• Deep understanding of the Corporate Finance function, various business models
• Effective implementation of Operational Excellence Framework
• Demonstrate strong leadership skills and showcase ability to drive teams from different geographies
• Exhibit strong analytical & problem-solving skills and initiative to achieve desired outcomes
• Manage the stakeholders from different geographies and build credible relationship without compromising on the overall objective

Profile Description

• Commerce Degree/ Equivalent degree in Finance from an institute of repute and CA with 5+ years (Preferred) /CMA with 5+ years with experience in F&A domain
• Corporate Finance/ Consolidation accounting/ Head office accounting and transition experience will be an added advantage
• Excellent understanding of Generally Accepted Accounting Principles (GAAP)
• Deep understanding of various accounting concepts - IFRS, Intercompany, FX Revaluation, Treasury management, Working Capital Management, Fixed Assets, etc.,
• Worked closely with senior stakeholders - CFO\'s, Finance Controllers etc
• Should be able to identify and implement Continuous Improvement Projects (Six Sigma, Lean, YB projects) to improve team\'s productivity and efficiency and overall quality of processes
• Extremely well versed with MS Office - Excel, Word Power Point
• Working knowledge of SAP/BPC/BO/BI would be an added advantage
• Strong domain expertise, analytical skills and logical reasoning with good leadership capabilities.

Olam is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, nationality, disability, protected veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by 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.

Olam