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Job Code

1682850

Olam Agri - General Manager - Consolidation & IFRS Reporting - CA

OLAM AGRI BUSINESS SERVICES INDIA PRIVATE LIMITED.12 - 15 yrs.Chennai
Posted 2 weeks ago
Posted 2 weeks ago

Job Summary:

We are looking for a seasoned finance professional (Chartered Accountant) with around 15 years of experience who has excellent understanding of IFRS, accounting concepts, financial controls and processes required for managing corporate consolidation function of the group and support in establishing requisite reporting and compliance framework for technology enabled consolidation and reporting process. The role requires significant collaboration with cross functional teams, country teams, BU teams based out of multiple locations.

Job Description:

A. Group Consolidation:

- Preparation & review of Group Consolidation Reporting (Monthly/Quarterly & Annual) in accordance with IFRS along with Balance Sheet, P&L, Cash Flow, Segmental Reporting & Notes to Accounts for publishing

- Should be able to handle consolidation of over 100 legal entities under different geographies, multi currencies, revaluation & translation etc.

- Preparation & Comparative Analysis of key PNL and BS schedules for review by Group CFO and CEO

- Manage and coordinate Month End, Quarterly and Year End timetable

- End to end responsibility for financial reporting of listed entity.

- Handling Group & Centralised Audit with Group Statutory Auditors

- Review the preparation of all group eliminations and group adjustment entries

B. IFRS Center of Excellence

- Accounting for acquisitions, disposals, mergers

- Preparing Technical Accounting memo on complex matters and get it aligned with Auditors

- Common control transactions accounting

- Impairment Analysis at Group

- New IFRS implementation and providing IFRS training to the Group

- Quarterly IFRS updates newsletter

- Updating Group Accounting Policy Manual

C. Country Interface

- Coordination with Country Finance Teams & Corporate Office ensuring timely and accurate reporting

- Review of Monthly and Quarterly legal entity wise Financials and drive standardization & Compliance with Group Accounting Policy

- Coordination with Country FC/Regional Finance Controllers & Corporate Office for issues relating to accounting, reporting & disclosures

D. Industry / Peers Benchmarking

- Preparing CEO deck for Peers Benchmarking

- Analysis of Peers Financial Performance

E. Systems, Control & Standardization

- Coordination with Internal (Central IT) SAP & BPC team for any issues relating to MIS and Consolidation

- Supporting implementation of new consolidation tool - OneStream to replace BPC

- Implementing new systems and reports to facilitate faster group reporting and standardization

Profile Description:

A. Experience & Technical Skills

- Qualified CA with around 12-15 years of experience in Group Consolidation and Reporting is MUST

- Sound understanding of IFRS / IND AS.

Industry Background:

- Should be working with large MNCs handling Group Consolidation of multiple legal entities under multi-currency, multi geographies; or

- Working with Big 4 firms, practically handling Group Consolidation of large conglomerate

- Proven analytical skills & ability to interpret or generate all types of financial data, financial reports and statements.

- Experience of system implementation of consolidation module. Knowledge of SAP & SAP Consolidation software (BPC) is desirable. Experience in alternate consolidation software like OneStream, Hyperion etc is also acceptable.

- Expert knowledge of MS-Office (Excel, PowerPoint)

B. Soft Skills & Others (MUST):

- Good Communication Skills

- Ability to work independently and possess high degree of self-initiative

- Multitasking - able to handle multiple things together

- Team leader

C. Location & Travel

Should be willing to travel for Half yearly and Year end finalization to corporate office and/or select geographies across the world

Must Have Skills:

- IFRS / IND AS knowledge with practical working experience

- Group consolidation of large group

- Team Management

- Proven analytical skills

- Good communication skills

- Multitasking

Good-to-Have Skills:

- Ability to work independently

- Knowledge of SAP Consolidation software (BPC) or alternate consolidation software like OneStream, Hyperion etc

About Olam Agri:

Olam Agri is a market-leading global agri-business focused on food, feed and fibre with operations in high-growth markets around the world. It has a global sourcing, processing, trading, logistics and distribution network built over 35+ years, enabling it to reliably deliver high-quality agricultural products and services. The company works closely with farmers, customers and partners to create value throughout the supply chain, manage risk, and contribute to sustainable food systems and global food security. It emphasizes sustainable practices, strong partnerships, and a purpose-driven approach to transform agriculture for a positive environmental and social impact. More information on Olam Agri can be found at https://www.olamagri.com/

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Job Views:  
569
Applications:  76
Recruiter Actions:  64

Job Code

1682850