Assistant Manager Finance - Restructuring

Job Title: Assistant Manager Finance - Restructuring
Location: Bangalore
Work Level: 1D

About Unilever

Be part of the world’s most successful, purpose-led business. Work with brands that are well-loved around the world, that improve the lives of our consumers and the communities around us. We promote innovation, big and small, to make our business win and grow; and we believe in business as a force for good. Unleash your curiosity, challenge ideas, and disrupt processes; use your energy to make this happen. Our brilliant business leaders and colleagues provide mentorship and inspiration, so you can be at your best. Every day, nine out of ten Indian households use our products to feel good, look good and get more out of life – giving us a unique opportunity to build a brighter future.

Every individual here can bring their purpose to life through their work. Join us and you’ll be surrounded by inspiring leaders and supportive peers. Among them, you’ll channel your purpose, bring fresh ideas to the table, and simply be you. As you work to make a real impact on the business and the world, we’ll work to help you become a better you.

About Bangalore Hub

Unilever Bangalore Hub is the global technology and operations engine of Unilever offering business services, technology, and enterprise solutions. It serves over 190 locations and through a network of specialized service lines and partners delivers insights and innovations, user experiences and end-to-end seamless delivery making Unilever Purpose Led and Future Fit.

The Role
This role will be part of Global Performance Management (GPM) team responsible to support the governance for restructuring programs both from an investment and savings delivery perspective. The role provides expertise on non-underlying costs in the Unilever P&L along with a strong understanding of performance management and controllership. The role works closely with GSCF, SC Finance and Market Finance Teams.

Key Responsibilities
1) Monthly consolidation of restructuring data (Actuals + Forecast) shared by the Project teams. Facilitate monthly governance via monitoring movements, manage & reconcile reported P&L to active projects, report on monthly forecast and drivers causing variances.
2) Collaborate with over 80 project leads, effectively communicating reporting timelines and data requirements to ensure timely and accurate submissions.
3) Perform monthly reconciliation to ensure submission as per Project owners reconciles with I-Finance numbers.
4) Support performance management of active projects, ensuring expenditures align with approved budgets and savings targets are met. Deliver timely updates to the Restructuring Steer Co, GPM, and BG performance leads.
5) Track FTEs charged to restructuring projects and collate required details to ensure the compliance with restructuring policy; Liaison with HRBP and track FTE movement.
6) Maintain repository of approved business cases for restructuring, assess the need for Change requests (CR) and transparent communication with project leads.
7) Ensure strict adherence to restructuring Policy and only approved & compliant costs are booked under restructuring cost centers.
8) Submit monthly reports to GCAD summarizing forecasts versus business cases for expenditures, savings, and FTEs.
9) Allocate cross functional project cost across BGs & do monthly reporting to BGs; Quarterly prepare BG decks for discussion with senior stakeholders for monthly reviews, lead discussions and drive actions for restructuring projects.
10) Review restructuring provision quarterly based on controller’s input and share insights with senior management to ensure financial accuracy.
11) Conduct deep-dive analyses to generate actionable insights and address ad hoc requirements as needed.
12) Demonstrate advanced understanding of finance and accounting principles, Unilever P&L structure, and business operations, with strong market orientation and customer focus.
13) Exhibit operational proficiency in I-Finance, Cost Control Cube, and advanced Microsoft Office Suite applications, particularly Excel and PowerPoint.

Key Interfaces
• Restructuring
• Global FET lead
• Overheads and SC teams within FET
• Deputy Controller and GCAD team
• HRBPs
• AU FET, SCF and Project Finance teams

Key Requirements
• Clear understanding of Unilever Management Accounts, Functions, Processes and Systems
• SAP Operational Knowledge (ECC and BW)
• Deep understanding of accounting
• Analytically minded with good numerical ability
• Ability to troubleshoot and resolve complex issues
• Drive process simplification and automations
• 5 to 7 years of relevant experience in budgeting/Forecasting, Budget follow-up, In-depth knowledge of P&L
• Relevant experience in non-finance performance management (Marketing & Nonfinance SC)

Preferable: Experience in FMCG / Manufacturing in Finance

Qualifications
• CA /CMA/MBA (Finance)
• Good oral & written communication skills, Excellent interpersonal skills and ability to multitask
• Ability to build effective relationships across different language/cultural and organizational styles
• Ability to work with a diverse virtual team
• Proficient in Microsoft Office Suite - MS Word, MS Excel and PowerPoint

Note
Please apply online and add your Talent Profile (updated Resume and Talent Card) mandatorily. In addition, please upload the PDP reports from the last three years (as applicable). Your application will be reviewed in line with our requirements, and we will be in touch to provide you with an update on the status of your application.
Meeting applicable residency period rule is mandatory.
Should you require additional information, please contact your Talent Advisor – Andrea Gonsalves