We’re looking for a highly motivated FCCR Analyst who can deliver high quality inputs into our FCCR process.
Why This Role Matters:
Magnum Ice Cream is a global organisation and aims to leverage its size to achieve economies of scale. For that purpose it incurs centralised costs, which 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 marketing, customer development and supply chain and in functional support functions of finance, information technology, human resources and workplace services. As the economic benefits relating to the costs are enjoyed by the operating companies, the central entities need 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.
You will be responsible for supporting the end to end FCCR process.
KEY RESPONSIBILITIES:
Reporting: Prepare the monthly / quarterly / annual internal and external reporting on FCCR activities
Financial Statements: Prepare financial statements and forecast models to assess cash flows and financial health of the IP and Central Services entities
Accounting Expertise: Working with the FCCR Manager, ensure accurate accounting and smooth sign off from senior stakeholders including Business Unit and Global teams for IFRS reporting on FCCR related activities.
Process Expertise: Support execution of strategic initiatives 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: Working with the Global Tax team, provide relevant information to tax authorities / countries on audits and ongoing compliance queries.
WHAT YOU NEED TO SUCCEED:
Experiences & Qualifications
- Qualified Chartered Accountant or Equivalent Degree (CMA, MBA, Finance)
- Minimum 2-3 years post qualification experience in large multinational organisation finance operations
- Strong on MS Excel and MS Power point
- Working knowledge of SAP
- Basic understanding of hedging
Skills
- 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. Ability to produce financial reports which meet the needs of the business
- Acts as internal consultant to satisfy stakeholder expectations.
- Consistently work to identify opportunities and implement continuous improvement to achieve harmonization and standardization.
- Ability to work collaboratively across an organisation and externally to resolve issues; strong stakeholder management skills
- Naturally curious with a strong continuous improvement mindset and able to be agile/adaptable in changing circumstances.
- Strong organisational skills and capable of handling a variety of tasks and prioritising accordingly to meet deadlines
- Great attention to detail, project management, and problem-solving attitude.
- Hold people accountable, have high level of responsibility, have a bias for action and growth mind set.