Finance Manager

2 weeks ago

Bengaluru, Karnataka, India ofi Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Location : Bengaluru

Job Title: FM India (any product)

GG10/11

Business Overview:

Olam Food Ingredients India Pvt Limited, a wholly owned subsidiary of Olam International limited, Singapore is involved in procurement, supply chain and midstream processing operations and is one of the major suppliers of Agro & Food Ingredients products like Cashew, Almonds, Coffee, Spices, F&BS and Cocoa.

We have an exciting opportunity for a
Finance Manager, OFI India
to work in a truly global environment to direct the business finance activities of OFI India business including the accounting, controllership, management reporting & analysis and business partnering for the business. The role provides long term potential for someone eager to further develop their career within the fast‐paced food ingredients sector.

The role will report to the OFI India Country CFO

Key Responsibilities:

Financial accounting & controllership

  • Responsible for financial and management accounting of the company in compliance with Ind AS & group policies and control standards.
  • Timely closure of Statutory (Mar end) and Group Audit basis IFRS
  • Responsible for ensuring strong internal control environment and adopt some of the best internal & external practices.
  • Manufacturing & plant related controls and compliances including factory & labour laws, inventory management skills and product costing will be critical.

Management reporting, business performance review & budgeting

  • Actively participate in the preparation of the annual budgets, comparison of actual performance against the budget, identifying and analyzing variance, devise and monitor the implementation of necessary actions
  • Monthly MIS review along with CFO and Business team and bringing insights in terms of performance and independent point of view on performance and projections for rest of the year
  • Scenario analysis of performance basis different business environment
  • Cost, capital and commercial focus in Business performance review

System and processes

  • Work on improving existing processes and systems, strengthening controls and improve efficiencies through automation & maximize usage of SAP
  • Participate and work on organization wide Functional initiatives in areas such as capital productivity, cost optimization and management accounting policies.

Business Partnering and stakeholder management

  • Manage interactions and engagement with business stakeholders and with local functional heads like operations, supply chain and commercial
  • Be pro-active in understanding and addressing stakeholder requirements and be a critical support in driving business operations and growth.

Requirements:

·
Chartered accountant with experience of around 8-10 years in MNCs or established Indian corporates in a manufacturing environment

· Worked in a multi-cultural and multi geography organization (exposure in a Matrix Structure is preferred).

Key Strengths & Soft Skills

Strong on Financial Concepts and Analysis, Results orientation, Ownership to deliver, Stakeholder Management, Strong analytical ability

Team player with strong interpersonal and communication skills with ability to influence

Multiple stakeholder management – external as well as Internal,

Self-motivated with an ability to get things done, without reporting lines.

Having worked in an SAP Environment would be a good advantage

Manufacturing finance experience with knowledge on plant accounting & costing and business finance/FPA experience

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