Analyst Fmr

Year    Chennai, Tamil Nadu, India

Job Description


About Us

Olam International is a leading food and agri-business supplying food, ingredients, feed and fibre to over 19,800 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of 4.8 million farmers. Through our purpose to \'Re-imagine Global Agriculture and Food Systems\', Olam aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders. Headquartered and listed in Singapore, Olam currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.

Olam Information Services (OISL) is a captive subsidiary of Olam International, Singapore offering IT Services & Global Business Services across its operations in 65 countries in Asia, Africa, EU & Americas. In Chennai, we currently have onboard more than 1000 highly motivated employees. Olam Digital has received International Innovation Award 2019 for Best Services and Solutions.

Olam Global Business Services (OGBS) is a captive unit that offers End to End business process and analytics solutions. OGBS currently offers its solutions in 6 Platforms: Finance, Supply Chain, People services, Risk & Market Compliance, Big Data Analytics and Business Intelligence. At this moment, OGBS is located in City of Chennai, India and provides its services to over 20 countries. Olam GBS has received Best Shared Services in India Award - 2019, by Shared Services Forum and Asia\'s No.1 Shared Services in Process Improvement and Value Creation, 2019 by Shared Services and Outsourcing Network Forum.



Job Summary:

The candidate should be an accounting graduate/postgraduate from Finance related streams. This role supports month-end close, accruals, pre-payments, fixed assets accounting and reporting, Treasury activities - BRS / Cash flow & Fund flow reports, Intercompany reconciliations. The job role includes preparing, approving and posting journal entries, analysing data from statements, ledgers, accounts, etc. S/he also identifies and undertakes initial investigation of variances against budgets and standards.

:

  • Responsible for monthly book closure, preparation and posting of Journal entries, financial reporting and reconciliations
  • Responsible for Daily BRS preparation, review and consolidation, Daily allocation and accounting of Bank transactions
  • Fixed Asset creation, perform Depreciation run, Fixed Asset register maintenance and related reports
  • Fixed Asset / Lease creation, perform Depreciation run, Fixed Asset/Lease register maintenance and related reports
  • Verify calculations, allocations, etc. and checks or obtains information for incorrect or incomplete documents
  • Prepare monthly journals after analysis of prepaid and accruals account etc.
  • Prepare monthly closure of accounts and report the completion status with the respective managers on a regular basis
  • Perform variance analysis of balance sheet and P&L accounts monthly, quarterly, and annually
  • Responsible for preparation of Balance sheet accounts reconciliations and making necessary journal entries/corrections to address reconciling items.
  • Prepare various Monthly reports and circulate it to the stakeholders
  • Ensure activities are delivered as per the SLA timelines and agreed accuracy.
  • Support Continuous Improvement & Automation initiatives
Profile Description
  • CMA qualified - Fresher / Graduate/Postgraduate with 4-6 years of experience in accounting/finance roles, especially with hands-on exposure to RTR (Record to Report) process in any KPO/Captive/Shared Services space / Core Finance
  • Prior experience in preparing plant costing reports, MUV (Materials Usage Variance)/PPV (Purchase Price Variance) absorption costing, standard costing etc.
  • Should have excellent knowledge in fixed assets accounting, Intercompany accounting & Consolidation reporting and fair knowledge about Bill of Material creation, production/work order settlement etc.
  • Good understanding of Generally Accepted Accounting Principles (GAAP) and candidates with experience as a user in SAP is preferred
  • Excellent computer literacy, particularly in MS Excel (familiarity with VLOOKUPs and pivot tables and basic excel formulas) will be mandatory
  • Should have excellent organisational and analytical skills, strong attention to detail and the ability to work in tight deadlines
  • Good communication, interpretation and comprehension skills, proactive and good in numbers
  • Willingness to work in different time zones and willingness to travel (short informed trips) based on the business needs.
Olam is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, nationality, disability, protected veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law.

Applicants are requested to complete all required steps in the application process including providing a resume/CV in order to be considered for open roles.

Olam

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Job Detail

  • Job Id
    JD3097599
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year