Finance Executive

2 weeks ago

Bengaluru, Karnataka, India Unilever Full time
Job Title - VMO Senior Executive, ComEx - Contracts & Commercial

Job 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.

Purpose


Assist the Commercial Experience (ComEx) VMO Lead in Contract & Commercial management activities, including Supplier relationships, publishing contract insights, enabling strategy development, performance management and savings across Uniops ComEx contracts.

Working collaboratively with Procurement, Service Lines, Finance, to ensure E2E connectivity for all Vendor relations.

Business Context

The UniOps organisation provides the resilient digital platform for the Unilever business.

UniOps spends more than €1B each year with external vendors, and the quality and value of vendor services are critical to the success of Unilever.

The Vendor Management Office (VMO) is a new agile, cross-functional organisation that will transform the way that UniOps manages suppliers and the value we gain from our supplier spend

The VMO will:

  • Coordinate the change to a new proactive operating model, building collaboration across functions to maximize value from our supplier spend.
  • Be the engine that amplifies delivery of value from a new Collaborative Procurement Model that plans supplier decisions much further ahead, across whole areas of spend rather than individual contracts, and ensures best alignment with our business strategies.
  • Assure the performance and compliance of suppliers and will ensure that we have the right data to deliver ever more value year on year.
  • Provide endtoend orchestration, and governance of vendor management activities across UniOps.
The UniOps organisation provides the resilient digital platform for the Unilever business.

UniOps spends more than €1B each year with external vendors, and the quality and value of vendor services are critical to the success of Unilever.

The Vendor Management Office (VMO) is a new agile, cross-functional organisation that will transform the way that UniOps manages suppliers and the value we gain from our supplier spend

The VMO will:

  • Coordinate the change to a new proactive operating model, building collaboration across functions to maximize value from our supplier spend.
  • Be the engine that amplifies delivery of value from a new Collaborative Procurement Model that plans supplier decisions much further ahead, across whole areas of spend rather than individual contracts, and ensures best alignment with our business strategies.
  • Assure the performance and compliance of suppliers and will ensure that we have the right data to deliver ever more value year on year.
  • Provide endtoend orchestration, and governance of vendor management activities across UniOps.
Objectives

Closely partner with service line, Finance, and procurement teams to support the contract management for Commercial Experience (ComEx).

Ensure 3rd party budgets, costs and suppliers are optimally managed, highlighting risks as needed.

Continuously improve relationship to drive value for Unilever and supporting the strategic relationships.


Key Accountabilities- Accountable for tracking and managing the 3rd Party Budget & Spend across all Contracts working with VMO & SL Leadership, Service owners, SL Finance teams & FBP's- Billing Validation, dispute resolution, approvals, and reporting and proactively seeks to deliver savings across ComEx Contracts- Performance management: KPI tracking, governance, and independent Dispute resolution for ComEx strategic vendors- Lead market-based Cost baseline and benchmarking for respective contracts- Contract management: Obligation management, contract insights and analytics, support procurement, service line in defining overall ComEx contract strategy- Monitors Supplier spend and carries out Billing Validation & booking of monthly charges.

Validates the billing for accuracy and plugs any value leakages. (Validates for discrepancies in scope, rates, volumes, Fx adjustments, penalties, rewards) and books th

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