Assistant Procurement Finance Manager, CRM

Job description

JOB TITLE:  Assistant Finance Manager - CRM

JOB LOCATION:  UniOps Bangalore Centre

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.

BACKGROUND:

Procurement Finance is a diverse global team working to drive the expansive cost and cash agenda for Unilever. The CRM (Commodity Risk Management) Finance is an integral and important part of the Procurement Finance function and is a quite unique role integrating Partnering, Controlling & Expertise into one.

We are looking for high caliber candidates to join Unilever CRM team as Assistant Finance Manager.  He/she plays a pivotal role in supporting the Unilever CRM team in managing market risks to the business through i) in-depth understanding of factors impacting global commodity prices; ii) assessing applicability and commercial viability of both financial derivatives and physical coverage, and iii) delivering effective risk management in line with internal Unilever policies and external regulatory requirements.

This role offers an exciting opportunity to work closely with subject matter experts in Unilever, providing good exposure to both strategic thinking and operational processes, hedge accounting, risk management & controls, and change management.

KEY ACCOUNTABILITIES:

· 
Support the Unilever Procurement team in the execution of strategic CRM initiatives, drive accelerated value creation, minimize costs volatility, and build internal capabilities to support business requirements.

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In-depth understanding of key material cost drivers within CRM scope that feed into actual P&L and forecast.  

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Assess commercial viability of hedging proposals and deliver value expansion initiatives in line with IFRS9 and external regulations.

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Establish new economic relationships and deliver high quality hedge documentation approved by external auditors.

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Validate any new hedging instruments in accordance with Unilever CRM policy and Hedge Accounting standards.

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Proactive risk management. Implement controls enhancements and continuous improvement of CRM operations.

· 
Support CRM transformation agenda including smooth implementation of a new CRM IT system to deliver process simplifications, enhancement to controls and compliance with lower running costs.

KEY INTERFACES:

Wide engagements with Global Procurement Finance team, CRM Leadership, Cluster Finance, Global and Cluster Supply Chain Finance network, Treasury teams, Legal/Tax, internal and external auditors.

SKILLS/EXPERIENCE:

· 
Degree in Accounting/Finance. Chartered Accountant with IFRS9 Hedge Accounting experience preferred.

· 
>3 years working experience with exposure in Commodity Risk Management/Supply Management/Supply Chain Controller/Treasury.

· 
Strong stakeholder management skills.

· 
Proven track record in managing complex operating environment and with clear results delivery.