Assistant Manager - Parent & Holding Reporting

Job Title: Assistant Manager – Parent & Holding Reporting

Location: Bengaluru

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:

Bangalore Hub is the global technology and operations engine of Unilever offering business services, technology, and enterprise solutions. Bangalore Hub 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.

We are looking to hire Assistant Manager – Parent & Holding Reporting based out of Bangalore

Purpose of the role:

• P&H Reporting is responsible for  managing financial, management and regulatory reporting of over 70 Unilever legal entities in UK, Netherlands and Switzerland including topCo Unilever Plc

• This is an individual contributor role that may involve managing contract resources or interns. The role requires close collaboration with Group Treasury, country finance teams, business partners, third-party service providers, external and internal auditors, and local finance controllers.

• Monthly Reporting: Monthly internal and external reporting for consolidation and statutory purpose split into Inter-Company, Dividends, Royalty, overall financial performance and support for any queries for any ad-hoc movement

• IFRS Expertise: Be the Centre of Excellence & work alongside team leader to ensure smooth sign off from senior stakeholders including regional directors and Global teams for IFRS reporting.

• Impairment assessment: Check for impairment analysis for Intangible and Investments

• Inter-Company Reconciliation: As a holding company, ensure all the balances maintained with fellow subsidiaries are reconciled on timely basis.

• Balance Sheet Substantiation: Prepare the balance sheet substantiation as continuous process and get this reviewed by the controllers.

• Support UK and NL tax teams in provision of financial information required for preparation of the tax returns of the parent and holding entities

• Arrange Information for the statistical and financial survey conducted by various regulators in UK and Netherlands.

• Compliance with Unilever’s Group Financial Control Framework which ensures Unilever’s financial controls are robust.

• Preparation of statutory financial statementsfor Companies managed by the P&H team

Key Skills & Requirement:

• Strong financial operating model expertise to ensure effective management of all input to financial systems and the control, verification, and processing of all financial transactions. Financial reports meet the needs of the customers providing information in a user friendly and appropriate manner for the purposes required.

• IFRS & UK GAAP Expertise: Take responsibility for the financial reporting to be made for Consolidation to the central team under IFRS and local statutory reporting; Lead the team in the sign offs made to the Senior Directors. Meet high standards of quality and expectations in delivery to the senior stakeholders.

• Team Management skills: Drive and motivate the team to perform at high levels of performance in the role of a senior team member and to provide subject matter expertise for one or more country specific skills related to language or accounting knowledge.

• To ensure the integrity of financial systems and the financial operating model, in accordance with financial procedures, external audit requirements and best accounting practice.

• Provide subject matter expertise for specific local accounting operations for a country, within the overall context of the harmonized operating model.

• Implement and ensure standardization and best practice from other jurisdictions to maximize efficiency and load balance.

• Identifies key issues and delivers efficient responses through implementation of the right procedures.

• Acts as internal consultant to satisfy stakeholder expectations.

Required qualification and experience

Necessary Experience & Qualifications 

• Minimum Professional qualification of CA with technical accounting knowledge /experience;

• Post qualification experience of minimum 2 - 4 years in audit firm or RTR / controllership experience in large MNC

• Strong on MS Excel and MS Power point

Preferred Experience & Qualifications

• Additional IFRS Diploma would be nice to have.

• Working knowledge of SAP is desirable but not mandatory

At HUL, we believe that every individual irrespective of their race, colour, religion, gender, sexual orientation, gender identity or expression, age, nationality, caste, disability or marital status can bring their purpose to life. So apply to us, to unleash your curiosity, challenge ideas and disrupt processes; use your energy to make the world a better place. As you work to make a real impact on the business and the world, we’ll work to help you become a better you!

Note: "All official offers from Unilever are issued only via our Applicant Tracking System (ATS). Offers from individuals or unofficial sources may be fraudulent—please verify before proceeding."

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