The Finance organization partners across General Mills to provide financial expertise to guide and govern the company. We bring a distinctive skill set to help the company sustainably drive strong returns on investment, whether that s brand investments, capital investments or resource investments. We hold ourselves accountable for the areas where we are uniquely positioned to drive results what we call our Strategic Priorities but we never lose sight of the fact that we only truly win when the company wins. The Finance function operates as a global team through the partnership of a series of enterprise-focused and business-embedded groups.
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Purpose of the role
This role exists to provide work directly and support GM business partners ie Controllers, Corporate Finance, Operating Units, etc and ensuring flawless service delivery in consistent and standardized manner across the teams.
This role entails as a Statutory Audit COE team member, who will support Local controllers / accountants in Statutory Financial Reporting and other local filings.
Candidates must possess a proven ability work effectively with multiple layers within an organization, especially experience working with Finance COE team. Individual in this role is expected to have excellent planning and organizational skills with the ability to prioritize tasks and anticipate needs.
KEY ACCOUNTABILITIES
10% of time- Operational Excellence
Manage quarterly, year-end Financial Reporting
Understand data flow across sub ledger process to help provide resolution
Having hands on experience on systems ie SAP, Workiva, Blackline, HFM, Financial Reporting
Tactical knowledge on Chart of accounts set up & organization
Escalate issues to appropriate personnel to get timely resolution.
Works in collaboration with the Local Business Controller teams in ensuring timely and accurate completion of financial reporting tasks
70% of time- Statutory Financial Reporting
- Subject matter expertise & hands-on with Statutory US & Local GAAPs (IFRS), HFM, Consolidation
- Knowledge of US GAAP / IFRS and international auditing standards
- Experience with international tax structures and the translation of these structures to the financial statements
- Pro-actively maintains up to date knowledge of Accounting Standards and Regulations impacting General Mills.
- Lead & prepare various schedules required for internal and external reporting on a GAAP, statutory reporting basis, financial reports such as balance sheets, income statements, cash flow statements and footnote schedules.
- Pro-actively seeks areas to improve both the Statutory Reporting process Statutory reporting process & related internal processes
- Liaise with auditors and internal team as appropriate, so as to ensure that all local GAAP requirements are fulfilled
Planning and Preparing Financial Statements
o Coordinate and plan the preparation of Financial statements of Global Market / Markets (EUAU/ ASLA/ NAR)
o Initiate and prepare the financial statements in the reporting tool (Workiva & SAP) with at most accuracy.
o Get the financials reviewe'd by business controller / tax consultants / auditors and book the necessary adjustments in reporting tool and SAP.
o Support in filing the financials to relevant local authorities.
o Ensure proper and robust documentation from SOX and internal controls perspective.
10% of time -
Developing Tool / Automation -
o Develop templates in reporting tool (Workiva) as per the local market requirements.
o Supporting business controllers in UAT.
o Logical and critical thinking in providing inputs / suggestions for process optimization and automation.
o Create & manage SOPs / OPLs for each market with regards to Statutory Financial reporting and filings.
10% of time- Other Initiatives
Assist & Support US GAAP / Local Entity Audit
Support & actively participate on transformation project
Deliver Service level agreements (SLA s)
Planning and execution of business continuity
Drive efficiencies in the process
Create an environment of continuous improvement to simplify or automate work
Responsible for compliance with General Mills policies and Sarbanes-Oxley requirements
Work/Collaborate on Site wide initiatives
MINIMUM QUALIFICATIONS
PREFERRED QUALIFICATIONS
- Preferred Degree Requirements: Masters, Postgraduates
- Preferred Major Area of Study: Finance & Accountancy
- Preferred Professional Certifications: CA, Dip IFRS / ACCA / CMA / MBA
- Preferred years of related experience: CA (1-3 years)
SPECIFIC
JOB EXPERIENCE OR SKILLS NEEDED
Extensive experience working in a large accounting
Technically strong, with a working knowledge of US & Local GAAPs (IFRS)
Extensive experience of producing Statutory Accounts and Annual Reports in international market (e.g. US, EU etc)
Should have a general understanding of flow of financial transactions until close
Other Responsibilities:
Demonstrated mathematical and analytical knowledge and the ability to choose the right mathematical methods or formulas to solve a problem
Support Continuous Improvement identify process improvements, engage in creating and putting in place improvements (ie utilizing YY or Focused Improvement) and communicate to broader ESC group
Partnership with Finance team both at divisions & corporate including GBS Finance
Provide inputs for ad-hoc requests and high-level analysis requested by Minneapolis counterparts
Partner with Finance organization on designated projects
Assist Finance Operations Managers group to adhere to GMI reporting & control policies and procedures
Engagement with other Mumbai Finance team (CI and other initiatives)
General Responsibilities
Follow all company policy & procedures
Demonstrates high standards of conduct which are not compromised even under highly stressful circumstances
Communicate effectively with supervisors & co-workers
Sets high standards for results and continually raises these standards
- CA / CMA / CPA / Dip IFRS / ACCA degree in Accounting
- Strong technical accounting background.
- At least 1-3 years of Financial reporting / corporate accounting experience is required
- Hands on experience on Statutory US GAAP / local GAAP financial reporting is a must
- Strong Excel and database skills, Access experience preferred
- Strong analytical and problem-solving skills & organizational skills
- Demonstrates a commitment to teamwork through own actions
- Excellent written and verbal communication skills, including ability to interact effectively with all levels throughout Company organization
- SAP FICO / S4 Hana experience Preferred
- Workiva / Other Financial Reporting Tool experience also preferred
COMPETENCIES/BEHAVIORS REQUIRED FOR JOB
- Attention to detail
- Works with a sense of urgency
- Excellent written and verbal communication skills
- Offers new ways of doing things and understands associated risks
- Shifts priorities quickly when necessary
- Understands and applies knowledge of competitive position of division or function
- Seeks coaching about the business drivers and how to apply creative ideas
- Experiments with new approaches
- Presents complex data in a manner appropriate to audience
- Aligns priorities with business strategy and vision
- Analyzes successes and failures to learn and continuously improve
- Anticipates market trends that will impact competitive advantage
- Lead Innovation
- Financial Reporting
- Financial Acumen
- Analytical Skills
