Analyst - Stat COE

Position Title

Analyst

Function/Group

Finance​

Location

Mumbai

Shift Timing

1.30 pm to 10.30 ppm

Role Reports to

Senior Manager Stat COE

Remote/Hybrid/in-Office

Hybrid

ABOUT GENERAL MILLS

We make food the world loves: 100 brands. In 100 countries. Across six continents. With iconic brands like Cheerios, Pillsbury, Betty Crocker, Nature Valley, and Häagen-Dazs, we've been serving up food the world loves for 155 years (and counting). Each of our brands has a unique story to tell.

How we make our food is as important as the food we make. Our values are baked into our legacy and continue to accelerate

us into the future as an innovative force for good. General Mills was founded in 1866 when Cadwallader Washburn boldly bought the largest flour mill west of the Mississippi. That pioneering spirit lives on today through our leadership team who upholds a vision of relentless innovation while being a force for good. For more details check out

General Mills India Center (GIC) is our global capability center in Mumbai that works as an extension of our global organization delivering business value, service excellence and growth, while standing for good for our planet and people.

With our team of 1800+ professionals, we deliver superior value across the areas of Supply chain (SC) , Digital & Technology (D&T) Innovation, Technology & Quality (ITQ), Consumer and Market Intelligence (CMI), Sales Strategy & Intelligence (SSI) , Global Shared Services (GSS) , Finance Shared Services (FSS) and Human Resources Shared Services (HRSS).For more details check out

We advocate for advancing equity and inclusion to create more equitable workplaces and a better tomorrow.

JOB OVERVIEW

Function Overview

The Finance organization partners across General Mills to provide financial expertise to guide and govern the company. We bring a distinctive skill set to help the company sustainably drive strong returns on investment, whether that's brand investments, capital investments or resource investments. We hold ourselves accountable for the areas where we are uniquely positioned to drive results – what we call our Strategic Priorities – but we never lose sight of the fact that we only truly win when the company wins. The Finance function operates as a global team through the partnership of a series of enterprise-focused and business-embedded groups.

For more details about the Function please visit this Link

Purpose of the role

This role exists to provide work directly and support GM business partners i.e., Controllers, Corporate Finance, Operating Units, etc. and ensuring flawless service delivery in a consistent and standardized manner across the teams.

This role entails as a Statutory Audit COE team member, who will support Local controllers / accountants in Statutory Financial Reporting and other local filings.

Candidates must possess a proven ability work effectively with multiple layers within an organization, especially experience working with Finance COE team. Individual in this role is expected to have excellent planning and organizational skills with the ability to prioritize tasks and anticipate needs.

KEY ACCOUNTABILITIES

10% of Time - Operational Excellence

· Manage quarterly, year-end Financial Reporting

· Understand data flow across sub ledger process to help provide resolution.

· Having hands on experience on systems i.e., SAP, Workiva, Blackline, HFM, Financial Reporting

· Tactical knowledge on Chart of accounts set up & organization.

· Escalate issues to appropriate personnel to get timely resolution.

· Works in collaboration with the Local Business Controller teams in ensuring timely and accurate completion of financial reporting tasks.

70% of Time -Statutory Financial Reporting

· Subject matter expertise & hands-on with Statutory US & Local GAAPs (IFRS), HFM, Consolidation

· Knowledge of US GAAP / IFRS and international auditing standards

· Experience with international tax structures and the translation of these structures to the financial statements

· Pro-actively maintains up to date knowledge of Accounting Standards and Regulations impacting General Mills.

· Lead & prepare various schedules required for internal and external reporting on a GAAP, statutory reporting basis, financial reports such as balance sheets, income statements, cash flow statements and footnote schedules.

· Pro-actively seeks areas to improve both the Statutory Reporting process Statutory reporting process & related internal processes.

· Liaise with auditors and internal team as appropriate, to ensure that all local GAAP requirements are fulfilled.

· Planning and Preparing Financial Statements –

· Coordinate and plan the preparation of financial statements of Global Market / Markets (EUAU/ ASLA/ NAR)

· Initiate and prepare the financial statements in the reporting tool (Workiva & SAP) with at most accuracy.

· Get the financials reviewed by business controller / tax consultants / auditors and book the necessary adjustments in reporting tool and SAP.

· Support in filing the financials to relevant local authorities.

· Ensure proper and robust documentation from SOX and internal controls perspective.

10% of Time -Developing Tool / Automation

· Develop templates in reporting tool (Workiva) as per the local market requirements.

· Supporting business controllers in UAT.

· Logical and critical thinking in providing inputs / suggestions for process optimization and automation.

· Create & manage SOPs / OPLs for each market with regards to Statutory Financial reporting and filings.

10% of Time - Other Initiatives

· Assist & Support US GAAP / Local Entity Audit

· Support & actively participate on transformation project.

· Deliver Service level agreements (SLA's)

· Planning and execution of business continuity

· Drive efficiencies in the process

· Create an environment of continuous improvement to simplify or automate work.

· Responsible for compliance with General Mills policies and Sarbanes-Oxley requirements

· Work/Collaborate on Site wide initiatives.

· Support Continuous Improvement
Identify process improvements, engage in creating and putting in place improvements (i.e., utilizing YY or Focused Improvement) and communicate to broader ESC group.

· Partnership with Finance team both at divisions & corporate including GBS Finance

· Provide inputs for ad-hoc requests and high-level analysis requested by Minneapolis counterparts.

· Partner with Finance organization on designated projects

· Assist Finance Operations Managers group to adhere to GMI reporting & control policies and procedures.

Engagement with other Mumbai Finance team (CI and other initiatives) - General Responsibilities

· Follow all company policy & procedures.

· Demonstrates high standards of conduct which are not compromised even under highly stressful circumstances.

· Communicate effectively with supervisors & co-workers.

· Sets high standards for results and continually raises these standards.

MINIMUM QUALIFICATIONS CA / CMA / CPA / Dip IFRS / ACCA degree in accounting Related experience: CA (0-4 years), IFRS in Financial reporting / corporate accounting experience Hands on experience on Statutory US GAAP / local GAAP financial reporting Extensive experience working in a large accounting. Extensive experience of producing Statutory Accounts and Annual Reports in international market (e.g., US, EU etc.) Professional Certifications: CA, Dip IFRS / ACCA / CMA Technically strong, with a working knowledge of US & Local GAAPs (IFRS) Should have a general understanding of flow of financial transactions until close. Demonstrated mathematical and analytical knowledge and the ability to choose the right mathematical methods or formulas to solve a problem. Strong technical accounting background. Strong Excel and database skills, Strong analytical and problem-solving skills & organizational skills Demonstrates a commitment to teamwork through own actions. Excellent written and verbal communication skills, including ability to interact effectively with all levels throughout Company organization

Competencies/Behaviors required for job.

Attention to detail. Works with a sense of urgency Excellent written and verbal communication skills Offers new ways of doing things and understands associated risks. Shifts priorities quickly when necessary. Understands and applies knowledge of competitive position of division or function. Seeks coaching about the business drivers and how to apply creative ideas. Experiments with new approaches Presents complex data in a manner appropriate to audience. Aligns priorities with business strategy and vision. Analyzes successes and failures to learn and continuously improve. Anticipates market trends that will impact competitive advantage. Lead Innovation Financial Reporting Financial Acumen Analytical Skills

PREFERRED QUALIFICATIONS

Post Graduation Major Area of Study: Finance & Accountancy Experienced with Access, SAP FICO / S4 Hana Experienced with Workiva / Other Financial Reporting Tools COMPANY OVERVIEW

We exist to make food the world loves. But we do more than that. Our company is a place that prioritizes being a force for good, a place to expand learning, explore new perspectives and reimagine new possibilities, every day. We look for people who want to bring their best — bold thinkers with big hearts who challenge one other and grow together. Because becoming the undisputed leader in food means surrounding ourselves with people who are hungry for what's next.

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