Assistant Manager- Global Process Owner

About Us

We are a global leader in food & beverage ingredients. Pioneers at heart, we operate at the forefront of consumer trends to provide food & beverage manufacturers with products and ingredients that will delight their consumers. Making a positive impact on people and planet is all part of the delight. With a deep-rooted presence in the countries where our ingredients are grown, we are closer to farmers, enabling better quality, and more reliable, traceable, and transparent supply. Supplying products and ingredients at scale is just the start. We add value through our unique, complementary portfolio of natural, delicious, and nutritious products. With our fresh thinking, we help our customers unleash the sensory and functional attributes of cocoa, coffee, dairy, nuts, and spices so they can create naturally good food & beverage products that meet consumer expectations. And whoever we’re with, whatever we’re doing, we always make it real.

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Global Process Owner (GPO) Function Scope

The GPO function is a part of Group Finance made up of GPO, Corp FP&A, Group Controlling and Financial Accounting and Reporting teams (FAR) teams.

The Group Finance team is responsible for ensuring that all Group level consolidation, Group level management accounting and Group level FP&A reporting to Board, CEO, CFO and Corporate Leadership Team is properly executed. This involves creating and nurturing Group level finance & accounting policies and processes.

The GPO team is responsible for ensuring that Finance & Accounting processes are standardized, simplified, strengthened and systematized (automated and digitized). To this extent, the GPO team is the guardian of all finance related processes both inside the IT systems used by the ofi Group as well as outside the IT Systems through offline Finance processes.

To carry out the above responsibilities, GPO team works very closely with the other 3 Group Finance teams, the Country & Business Finance teams, IT and Shared Services teams in Chennai and multiple / varied business stakeholders. Interactions are carried out across the hierarchy including in some cases the CFO & Executive Director Finance. Work is carried out in 2 ways – discrete and targeted projects to improve F&A processes and regular process reviews.

GPO team has both granular as well as a high-level visibility of critical group-wide processes in a US$12Bn topline organization. The exposure to this size, scale and complexity of how a MNC group operates, utilizing multiple processes and systems, is quite unique.

Job Summary:

Asst. Manager / Deputy Manager is responsible for setting up, maintaining and improving finance processes at a Group level. The candidate should be a qualified Chartered Accountant. Incumbent is responsible for identifying improvement opportunities, presenting the case to leadership & obtaining sponsorship, planning the execution of discrete projects or continuous review mechanisms for ensuring process maturity, efficiency and effectiveness and flagging risks.

Job Description:

Thought leadership in identifying key group wide finance processes and areas of improvement in them

Ensure key groupwide processes are well established and well documented – core deliverable

Above will include some element of audit like work of review of processes and may include analytical work on data – to ensure processes are functioning as designed

Takes ownership and accountability for independent analytical work, process coordination and improvements

Work seamlessly with internal cross-functional teams as well as external consultants to carry out projects related to standardizing, strengthening, simplifying, automating and digitizing finance processes

Accountability for timeliness and coverage of core deliverables – complete ownership & control of project execution required

Run and manage projects under the guidance of leadership, tracks the progress and flags off the risks

Ensure that financial process controls, adherence to accounting policies and a strong control environment is maintained in finance processes

Work on rolling out IT systems like SAP / EPM / Concur at a Group level while incorporating all the above.

Profile Description:

Commerce Degree from an Institute of repute and Chartered Accountancy qualification with minimum 5+ years in Finance and Accounts domain is a must

If the above experience is from a FMCG / Manufacturing or mix of GBS plus FMCG / manufacturing background, then it is a bonus

Experience in audit firms and consultancy with exposure to finance processes is also welcome

Experience in setting up, maintaining and reviewing finance processes end to end is a necessity and exposure of the same for business processes is a plus point (especially in a back office / GBS environment)

Exposure to improving control environment of finance processes is welcome

Understanding of International Financial Reporting Standards (IFRS) is welcome

Good knowledge of SAP and SAP BPC / other EPM tools would be an added advantage

Extremely well versed with MS Office – Excel, Word Power Point

Ability to handle pressure and work in an environment of strict deadlines

More of a playbook creator than a playbook user

Excellent communication, interpretation and comprehension, problem-solving skills, proactive and good in numbers

A keen eye for details and desire to probe & question further – a curious mind

Good understanding of business processes and some exposure to system optimization

Strong domain expertise (consequent to being CA) of management reporting and financial accounting

Excellent stakeholder management skills

Ability to visualize and layout clear plans for process standardization and implement the same

At ofi, we celebrate our diversity. ofi provides equality of opportunity for all persons with respect to hiring without discrimination on the grounds of race, color, religion, national origin, sex, pregnancy, age, disability, veteran status, or sexual orientation. All employment decisions will be based on qualifications, merit, and business needs.