Job Title:Assistant Finance Manager
Work Level: WL 1D
Location: Mumbai, India
Why we exist?
We believe life tastes better with Ice Cream. We exist to bring the
power of ice cream to more people, in more places, in new and
unexpected ways. As our founder Mr Wall's already said in 1922,
‘By taking pleasure seriously”. We truly embody this and are
creating the world’s largest IC company to accelerate these
extraordinary ice cream experiences for more people around the
globe.
About the company: Unilever, world’s 3rd largest CPG company with revenues of $60mn,
has announced the spinoff of its Ice cream business group and form an independent
company. Ice cream as a business system has very different character & a distinct business
system when compared to other Unilever categories as it requires a dedicated cold chain
GTM, it’s an impulse category and needs larger distributive and multichannel OOH footprint,
needs agility to manage seasonality and rigour in front end execution.
This bold move leads the creation of an iconic pure play ice cream
company “MAGNUM IC Company” which operates in 80 countries with
a revenue scale of $9bn globally, headquartered in Amsterdam. Magnum
IC Company houses world’s most iconic brands like Magnum / Ben &
Jerry, Cornetto, Breyers ,Walls and Grom. This separation gives us boost to accelerate
fast in the highly attractive $1 trillion snacking and refreshment industry, growing consistently
globally.
Magnum IC Company in India: In India, Kwality Wall’s (brand of Hindustan Unilever) is a
large IC business with national presence. The HUL board has approved the demerger of
Kwality Walls India business as a separate listed entity. Hence KWIL will be 100% part of the
Magnum IC company with its India head office in Mumbai.
The Role:Assistant Finance Manager
Description of the Role
We are looking for multiple candidates in different parts of IC Finance team which includes
Finance business Partner, Performance Management, Controllership, CD finance, Tax, etc.
Key Responsibilities: We are seeking a highly motivated and exceptionally skilled
Chartered Accountant who cleared the CA Final Examination in the first attempt and
possesses 1 to 5 years of post-qualification experience in statutory audit. The ideal
candidate will be responsible for leading and executing statutory audit engagements for a
diverse portfolio of clients, ensuring compliance with all regulatory frameworks (e.g.,
Companies Act, 2013, Accounting Standards, SAs, and Ind AS). This role is a key position
for future growth into a management profile.
As an Asst Finance Manager in a Business Partnering role, responsibilities include:
• The statutory auditor's core responsibilities encompass the entire audit lifecycle
for medium to large companies, starting with developing and executing risk-based
audit plans compliant with SAs. This involves meticulously reviewing financial
statements (B/S, P&L, C/F) to ensure a true and fair view under Ind AS/AS,
alongside testing internal financial controls (IFC). Furthermore, the role mandates
ensuring strict compliance with the Companies Act, 2013, and CARO, culminating
in the drafting of audit reports and certifying statements, while actively identifying
and reporting any instances of fraud or non-compliance
• Asst. Manager – Customer Development Finance: Leading performance
management at the Branch; Responsible for distributor life cycle partnering –
distributor appointments, exits, attrition management, ROI; Operation controls and
outliers
• Asst Manager – Category Finance: End-to-end P&L responsibility for delivering
growth and unlocking profitability improvement, cash up and forecasting; identify
opportunities to improve realisation; Drive discussions with category heads on
performance management Asst. Manager – Supply Chain Finance: Driving gross
margin and savings delivery, managing business waste; Preparing investment
business cases with supply chain partners; Working with procurement team to
identify areas of opportunity wherein significant value can be unlocked
• Asst Manager - Finance Excellence Team: Driving business performance metrics and
performance management for Categories. Enabling delivery of business financial
targets; Driving forecast process hygiene Controlling Financial
Controlling is the fundamental building block of our function. A role here is an opportunity to
develop your financial accounting, reporting and control skills as well as providing objectivity
and challenge to the business. Working in this team will give you broad exposure to the rest
of the business as you build partnerships as a trusted change agent, actively driving the risk
management agenda for the business. You will have the opportunity to develop project
management skills and will get exposure to expertise areas such as tax and pensions. As
part of the Controllers team you will have the opportunity to either work in one of our
Accounting Centres, Financial Reporting or Investor Relations.
Experience and skills required:
The preferred candidate would have 1-5 years of Finance experience with following key
skills:
• Strong financial fundamentals along with solid business partnering skills.
• Strong systems understanding required due to the technical nature of the role.
• Experience in an Operating Country and some level of Global experience preferred
• Accounting / Supply chain finance background desirable.
• Ability to directly partner and challenge business partners by delivering concise
messages / making the complex simple / getting to the right business insights
• Strong Modelling/Mathematical/Analytical skill a must.
• Excellent communication skills, including written English
• Strong work ethic, great attitude, self-starting & proactive mind-set, resilience in the
face of pressure, good team player, ability to meet multiple stretching deadlines and
attention to detail.
• Need to be able to roll up your sleeves
Core aspects underpinning all skills: Creativity, Empathy, Obsession with brands &
consumers, Sense of Aesthetics, Analytical Thinking & Rigour.
We are committed to developing and nurturing talent within our Ice Cream company. We are
committed to providing ample options for career growth and exploration, allowing our
employees to explore roles and opportunities across the new Ice Cream organization.
Employees’ career development is a priority for us, and we are dedicated to supporting their
growth journey within the new company.
Leadership Behaviours: Should "meet or exceed expectations" on the Standards of
Leadership behaviours:
• Purpose & Service: Works from purpose for the good of others.
• Personal Mastery: Always brings their best self.
• Agility: Constantly curious & courageous.
• Business Acumen: Generate value in Channels & Customers.
• Talent Catalyst: Develops & magnifies the power of people.
• Consumer Love: Creates better futures for our consumers every day.
• Passion for High Performance: Inspires the energy needed to win and grow
Are you up for this exciting challenge? --- End of Document---