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Assistant Manager - FT Benchmarking

Date:  15-Sep-2022
Country:  India
Function:  Olam Global Business Service


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 Summary

The Assistant Manager - FT Benchmarking is responsible for supporting the transfer pricing related activities. S/he should be an expert in end-to-end transfer pricing and compliance activities. S/he should be proactive with good coordination and liaising skills.

Job Description

  • Undertake benchmarking analyses to support the transfer price for new/ existing financial transactions (including loans, deposits, guarantees) in recognized databases such as Bloomberg/ Loan Connector;
  • Preparation of Transfer Pricing Compliance Memo for Financial Transactions for Olam entities across Africa, Europe, Asia, US and LATAM in accordance with local country regulations;
  • Coordination and liaising with regional tax/ finance teams to collate information for intra-group financial transactions;
  • Analyse the economics of related party transactions and if the agreed Transfer Pricing policies are appropriately applied;
  • Partnering with multiple stakeholders to provide support on transfer pricing issues related to financial transactions;
  • Apply statistical tool and technology in day to day working;
  • Assist in process improvements to ensure efficient workflow to maximize efficiency and quality of information flow.

Profile Description

  • Qualified Chartered Accountant (CA) with at least 3 to 4 years of experience in Transfer Pricing and Compliance matters including preparation of Transfer Pricing Documentations and undertaking financial transaction benchmarking analyses
  • Previous experience working with Big4 firms will be preferred
  • Should be a good team player with a positive attitude and willingness to learn
  • Should have the ability to work independently in an organized and systematic manner
  • Strong numerical, analytical and problem-solving skills
  • Should be proactive, meticulous in document management, meeting deadlines and able to effectively prioritize
  • Should be an enthusiastic, confident and display excellent communication skills

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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