Assistant Manager - FCCR

Job Title:Assistant Manager – FCCR

Location: Bangalore

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.

ABOUT FCCR:

Unilever as a group is a global organisation and aims to leverage its size for earning economies of scale and for that purpose incurs centralised costs.  These costs are incurred for the benefit of the business internationally. This includes costs that the group incurs centrally for brand development and research. The Group also provides support and guidance centrally for driving functional excellence in the business delivery functions of marketing, customer development and supply chain and in functional support functions of finance, information technology, human resources and workplace services. The benefits arising from these activities are enjoyed by each of the operating companies throughout the Group. Hence these costs are pooled centrally into the parent and holding entities (“P&H”)). As the economic benefits relating to the costs are derived by the operating companies, the P&H entities needs to recover a fair share of these costs from each of the operating companies. For this purpose, the Group has Financial Central Cost Recovery (‘FCCR’) processes in place, which covers tracking of the costs incurred on all global initiatives and allocates them to the various operating companies.

We are looking to hire Assistant Manager – FCCR based out of Bangalore

Here is how your day at Unilever would look like:

• Support in end-to-end management of Financial Central Cost Recovery (FCCR) process across Unilever

• Reporting: Prepare the Monthly / Quarterly / Yearly - internal and external reporting on FCCR activities

• Financial Statements : Prepare financial statements and forecast models to assess cash flows and financial health of the entity.

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

• Process Expertise: Support in execution of strategic initiative and provide reports to leadership for efficient and effective management of the process.

• Inter-Company Reconciliation: Ensure all the balances maintained with fellow subsidiaries are reconciled on timely basis.

• Managing Tax queries: Coordination with tax authorities / countries on prior year audits and managing ongoing compliance queries.

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.

• Basic understanding of Hedging

• 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.

• Hold people accountable, have high level of responsibility, strong leadership skill, have a bias for action and growth mind set.

• Acts as internal consultant to satisfy stakeholder expectations.

• Continuous Improvement skills through Consistently work to identify opportunities and implement continuous improvement to achieve harmonization and standardization.

Key interactions: The role will interface with the following stakeholders:

• Expertise Areas: Tax, Legal, Treasury and FCCR Teams (key stakeholders)

• Unilever Markets representatives (NFD’s, Controllers, General Counsels)

• UniOps Finance

• UniOps Service Lines and Programme Leads (when required)

Education:

• 2+years of post qualification experience Qualified Chartered Accountant or Equivalent Degree (Graduate in Commerce / Finance)

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."