Olam

General Manager Consolidation & Financial Reporting

Olam  •  Chennai, IN (Onsite)  •  5 months ago
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Job Description

Olam Agri is a market leading, differentiated food, feed and fibre agri-business with a global origination footprint, processing capabilities and deep understanding of market needs built over 35 years. With a strong presence in high-growth emerging markets and products across grains & oilseeds, wheat milling & pasta, rice, edible oils, specialty grains & seeds, animal feed & protein, cotton, wood products, rubber, sugar & bioenergy and risk management solutions, Olam Agri is at the heart of global food and agri-trade flows with 45.1 million MT in volume handled in 2024. Focused on transforming food, feed and fibre for a more sustainable future, it aims at creating value for customers, enable farming communities to prosper sustainably and strive for a food-secure future. Olam Agri Holdings Limited, which holds the Olam Agri business, is a 64.6% owned subsidiary of Olam Group. 35.4% of Olam Agri Holdings is owned by SALIC International Investment Company, a wholly owned subsidiary of Olam Agri’s strategic partner The Saudi Agricultural and Livestock Company.

We are looking for a seasoned finance professional (Chartered Accountant) with PQE of 15 years of experience who has excellent understanding of IFRS, accounting concepts, financial controls and processes required for managing corporate consolidation function of the group and support in establishing requisite reporting and compliance framework for technology enabled consolidation and reporting process. The role requires significant collaboration with cross functional teams, country teams, BU teams based out of multiple locations.

Group Consolidation

  • Prepare and review consolidated financial statements (BS, P&L, Cash Flow, Segmental Reporting, Notes) under IFRS for monthly, quarterly, and annual reporting.
  • Consolidate multiple entities across geographies with multi-currency translation and revaluation.
  • Perform comparative analysis of key schedules for CFO/CEO review. Prepare CEO deck and analyze peer financial performance.
  • Manage month-end, quarter-end, and year-end closing timelines and oversee financial reporting for listed entity and coordinate group audits.

IFRS Center of Excellence

  • Handle accounting for acquisitions, disposals, mergers, and common control transactions.
  • Prepare technical accounting memos and align with auditors and conduct impairment analysis and implement new IFRS standards.
  • Provide IFRS training, publish quarterly updates, and maintain accounting policy manual.

Country Interface

    • Coordinate with country finance teams for timely, accurate reporting.
    • Review entity-level financials, ensure compliance and standardization.
    • Resolve accounting, reporting, and disclosure issues with regional controllers.

Requirements

Experience & Technical Skills

  • Qualified CA with PQE 15+ years’ experience in Group Consolidation & Reporting.
  • Strong knowledge of IFRS / IND AS.
  • Proven analytical skills and ability to interpret complex financial data.
  • Experience in system implementation for consolidation; knowledge of SAP BPC preferred; exposure to OneStream/Hyperion acceptable.
  • Advanced proficiency in MS Excel & PowerPoint.

Others

  • Excellent communication and leadership skills.
  • High initiative, ability to work independently.
  • Strong multitasking capability.
  • Willingness to travel for half-yearly/year-end closings globally.

Olam Agri is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, nationality, disability, protected veteran status, sexual orientation, gender identity, gender expression, genetic information, or any other characteristic protected by law.

Applicants are requested to complete all required steps in the application process including providing a resume/CV in order to be considered for open roles.

Olam

About Olam

Olam Group is a leading food and agri-business supplying food, ingredients, feed and fibre to 20,900 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a sourcing network of an estimated 5.0 million farmers.

Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam Group aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders.

Headquartered and listed in Singapore, Olam Group currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST.

Since June 2020, Olam Group has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of its supply chain activities, impact on the environment and governance transparency. The FTSE4Good Index Series identifies companies that demonstrate strong Environmental, Social and Governance (ESG) practices and is used by a variety of market participants to create and assess responsible investment funds.

Industry
Food & Beverage
Company Size
5,001-10,000 employees
Headquarters
Singapore, SG
Year Founded
1989
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