Financial Analyst - Global Quality & Risk

4 days left

Employer
General Mills, Inc.
Location
India
Posted
Mar 29, 2024
Closes
Apr 25, 2024
Ref
4627669223
Level
Staff
Hours
Full Time
Organization Type
Corporate
Position Title

Financial Analyst - Global Quality & Risk

Function/Group

Finance Shared Services

Location

Mumbai

Shift Timing

11 am to 8 pm

Role Reports to

Assistant Manager

Remote/Hybrid/in-Office

Hybrid

ABOUT GENERAL MILLS

We make food the world loves: 100 brands. In 100 countries. Across six continents. With iconic brands like Cheerios, Pillsbury, Betty Crocker, Nature Valley, and Häagen-Dazs, we've been serving up food the world loves for 155 years (and counting). Each of our brands has a unique story to tell.

How we make our food is as important as the food we make. Our values are baked into our legacy and continue to accelerate

us into the future as an innovative force for good. General Mills was founded in 1866 when Cadwallader Washburn boldly bought the largest flour mill west of the Mississippi. That pioneering spirit lives on today through our leadership team who upholds a vision of relentless innovation while being a force for good. For more details check out http://www.generalmills.com

General Mills India Center (GIC) is our global capability center in Mumbai that works as an extension of our global organization delivering business value, service excellence and growth, while standing for good for our planet and people.

With our team of 1800+ professionals, we deliver superior value across the areas of Supply chain (SC) , Digital & Technology (D&T) Innovation, Technology & Quality (ITQ), Consumer and Market Intelligence (CMI), Sales Strategy & Intelligence (SSI) , Global Shared Services (GSS) , Finance Shared Services (FSS) and Human Resources Shared Services (HRSS).For more details check out https://www.generalmills.co.in

We advocate for advancing equity and inclusion to create more equitable workplaces and a better tomorrow.

JOB OVERVIEW

Function Overview

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.

For more details about the Function please visit this Link

Purpose of the role

Organizational Structure:

Global Quality and Risk (GQR) Team is part of Finance Shared Services (FSS) vertical at GBS India Center. This team report to Finance Director. This team has dotted line responsibility to Global Internal Control (GIC) and Global Internal Audit(GIA)

GQR is team of qualified Chartered Accountants (equivalent to CPA/CIMA) with an experience in audit & risk field. This team supports in Compliance, Regulatory & technical analysis to local Finance & India site, Global Internal Control and Global Audit Team. Considering the global deliverables, the team is required to know the global GAAPs and US GAAP along with various pronouncements e.g. Sarbanes-Oxley, Patriot Act, etc. They need to continuously upgrade themselves with the changing scenario in Finance and Accounting.

Over the period of last 2 years this team has evolved to be major partner in SOX program, consultant to Global Internal Control in various global projects. This team is the Global hub for SOX program for GMI. This team has emerged as strong partner with Global Internal Audit for technical analysis and compliance with regulatory requirements by establishing Audit Center of Excellence (ACOE). Locally this team ensures strong risk and control environment is maintained by way of regular reviews, risk and awareness session and consulting partners. As and when needed this team provides support to site by way of adhoc reviews from accounting, policy and compliance perspective.

Job Overview
  • Higher order knowledge on accounting (US & International GAAP), Audit & regulatory aspect at Global Level
  • High degree of accuracy and timeliness due to compliance/regulatory nature of work
  • Stakeholder management including SOX governance and FSI team.
  • Ability to analyze with technical/regulatory/policy perceptive and arrive at conclusions
  • Ability to quickly grasp, influence, convince, communicate & present point of view to senior executives.

KEY ACCOUNTABILITIES

70% of Time Operational Responsibilities
  • SOX Compliance Testing -

o Responsible for SOX Compliance testing of allocated L3 & L4 Controls (Controls with high complexity and involving significant judgement) ensuring high quality testing, good documentation and on time completion of all SOX Controls so allocated.

o Stakeholder (Global Internal Controls) management

o Impart Process training as required to PG45 & PG50 employees

o Examine, brainstorm and discuss any learnings from SOX testing post each cycle for self and team

o Support with other Adhoc activities as required in analysis of SOX results

o Work with Minimum Direction to ensure timely and quality testing

FSS Risk and Control

o Responsible for testing operating effectiveness of the FSS process assigned

o Be the SME for FSS Process assigned to be tested

o Support team with adhoc activities as required

20% of Time

o Ensure Quality Assurance Program for assigned functions is carried out and reported in dashboard.

o Ensure to get Control Design Evaluation for assigned function done on annual basis to identify critical non-SOX processes and design gaps through team members.

o Stakeholder (assigned FSS Function) management

o To support FSS and GBS India for adhoc review. Carry out reviews from policy, accounting and operations risk perspective.

o Assist in interfacing and coordinating audits and reviews with General Mills Internal and External Auditors

5% of Time

o Embracing CI mindset & drive change in their processes

o Ensure accurate tracking of HMM ideas and implementation

o Drive 5% Efficiencies in the process

5% of Time
  • Others

o Participate in CSR/Employee Engagement/L&D or other initiatives at site level

o Additional Projects

MINIMUM QUALIFICATIONS
  • Minimum Degree Requirements: Bachelors
  • Minimum years of related experience required: 3-5 years
  • Required Professional Certifications: CA

PREFERRED QUALIFICATIONS
  • Preferred Degree Requirements: Masters
  • Preferred Major Area of Study: Finance & Accounting
  • Preferred Professional Certifications : CISA
  • Preferred years of related experience: 5-6 years

Specific Job Experience or Skills Needed
  • Can prioritize and complete multiple tasks on tight deadlines
  • Knowledge of internal control concepts, internal auditing standards, and risk assessment practices.
  • Advanced MS Office computer skills (i.e. Word, Excel, Access, Outlook)
  • Ability to challenge & recommend changes to enhance effectiveness for stakeholders
  • Ability to multi task on simultaneous projects and teams
  • Experience related to auditing information systems preferred

COMPANY OVERVIEW

We exist to make food the world loves. But we do more than that. Our company is a place that prioritizes being a force for good, a place to expand learning, explore new perspectives and reimagine new possibilities, every day. We look for people who want to bring their best - bold thinkers with big hearts who challenge one other and grow together. Because becoming the undisputed leader in food means surrounding ourselves with people who are hungry for what's next.