Olam Agri

3 weeks ago


Chennai, Tamil Nadu, India iimjobs Full time
About Olam Agri


Olam Agri supplies food, feed and fibre to meet rising demand and a shift to protein-based diets, particularly in Asian and African countries.

Headquartered in Singapore and present on all continents, our value chains include farming, processing and distribution operations, as well as a sourcing network of an estimated 2.5 million farmers.

Our teams have built leadership positions in many Olam Agri businesses, including rice, flour, animal feed, sesame, cotton, wood, and more.

As a purpose-driven company, we aim to contribute positively to the prosperity and well-being of people along our supply chains, the protection and regeneration of our natural resource base, and the fight against climate change.

Overview of Position

We are seeking a highly motivated and experienced Finance Manager to join our team.

In this role, you will play a key role in supporting our organization's financial corporate team by focusing on Reporting, Financial Planning & Analysis and commercial & business finance.

Responsibilities

Reporting

  • Oversee the preparation and timely delivery of accurate and insightful financial reports, including monthly, quarterly, and annual statements.
  • Ensure compliance with all accounting standards and regulations.
  • Work with internal and external stakeholders to ensure compliance.
  • Ensure compliance with IFRS and Olam accounting policies and procedures.
  • Develop and maintain strong relationships with the accounting team.
Financial Planning & Analysis (FP&A)

  • Prepare and review the Financial and management accounts before the same is submitted to the Corporate Centre.
  • Lead the budgeting process for both Capex, P&L and working capital requirements for all businesses and legal entities.
  • Ensure timely and accurate submission of all management reports, follow up on identified action points.
  • Commercial Finance role where he will partner the business teams in pricing, logistics, production planning etc.
  • Close coordination with shared service center to ensure adherence to agreed timelines for all reports.
  • Develop and maintain accurate financial models and forecasts, including revenue, expense, and profitability projections.
  • Analyze financial data to identify trends, risks, and opportunities.
  • Partner with business leaders to create and implement strategic financial plans.
  • Conduct variance analysis and provide management commentary to explain deviations from budget.
  • Support the budgeting process, including setting assumptions, gathering inputs, and consolidating budgets. budgets.
Commercial & Business Finance

  • Analyze and evaluate the financial viability of new business opportunities and investments.
  • Support pricing decisions and profitability analysis.
  • Manage working capital and ensure efficient cash flow management.
  • Monitor and manage financial risks associated with commercial activities
Qualifications

  • CA with post articleship (PQE) of 8+ years preferably in FMCG industry.
  • Strong analytical and problemsolving skills.
  • Excellent communication and interpersonal skills, with the ability to present complex financial information in a clear and concise manner.
  • Strong understanding of accounting principles and financial reporting frameworks (e.g., GAAP, IFRS).
  • Strong knowledge of SAP.

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