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Deputy Manager - Finance Management Reporting

Date:  23-Nov-2022
Country:  India
Function:  Olam Global Business Service
Sub-Function:  Centralization


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 Description

  • Responsible for monthly book closure, preparation and posting of Journal entries, financial reporting and reconciliations
  • Providing business unit general accounting and internal control support, completion of the close
  • Ensure the general ledger account balances and trial balance are accurate and reflect the proper amounts in accordance with the given guidelines
  • Verify calculations, allocations, etc. and checks or obtains information for incorrect or incomplete documents
  • Prepare monthly journals after analysis of prepaid and accruals account etc.
  • Prepare monthly closure of accounts and report the completion status with the respective managers on a regular basis
  • Perform variance analysis of balance sheet and P&L accounts monthly, quarterly, and annually
  • Responsible for balance sheet reconciliations and making necessary journal entries/corrections to address reconciling items.

Profile Description

  • Graduate/Postgraduate with 4-6 years of experience in accounting/finance roles, especially with hands-on exposure to RTR (Record to Report) process in any KPO/Captive/Shared Services space
  • Prior experience in preparing plant costing reports, MUV (Materials Usage Variance)/PPV (Purchase Price Variance) absorption costing, standard costing etc.
  • Should have excellent knowledge in fixed assets accounting and fair knowledge about Bill of Material creation, production/work order settlement etc.
  • Good understanding of Generally Accepted Accounting Principles (GAAP) and candidates with experience as a user in SAP is preferred
  • Excellent computer literacy, particularly in MS Excel (familiarity with VLOOKUPs and pivot tables and basic excel formulas) will be mandatory
  • Should have excellent organisational and analytical skills, strong attention to detail and the ability to work in tight deadlines
  • Good communication, interpretation and comprehension skills, proactive and good in numbers
  • Willingness to work in different time zones and willingness to travel (short informed trips) based on the business needs.

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.

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