Group Financial Reporting & Consolidation Analyst

Department Icon Corporate Finance
Posted: 3 years ago
4-8 years
Karnataka, India
Corporate Finance
Work From Office
Full Time

Posted: 3 years ago
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Job Description

About The CompanyLipton Teas and Infusions (LTI) is the world’s largest tea business, with world-class, purpose-driven brands such as Lipton, Pukka, Tazo, T2 and PG Tips. As LTI we are truly united in one purpose: growing a world of wellbeing through the regenerative power of plants.In July 2022, CVC Capital Partners Fund VIII took over the full ownership of the LTI business from its previous owner, Unilever. As a standalone entity with a dedicated single-category focus, LTI is even better positioned to lead the tea industry, delivering higher growth and value, and a greater impact on the wider world. With 11 production factories in four continents and tea growing estates in three countries, LTI is a profitable and growing business whose brands reach hundreds of millions of consumers. It has a presence in over 100 countries with an annual revenue of approximately EUR 2Billion.Under the ownership of CVC, LTI has an exciting future ahead with opportunities for increased investments in our iconic brands, our people, and our capabilities. Combining the strength and scale of our brands with a focus on speed and agility, LTI is brewing a corporate start-up mindset that’s opening-up new opportunities for its people to flourish every day. E-commerce acceleration is at the heart of the strategy and we are keen to have talented experts to join us in this exciting journey.At LTI, we put consumer love at the heart of every decision. We celebrate diverse thinkers who take personal ownership to connect ideas and make impactful things happen; people who share our values around humanity and courage and give their commitment to nurturing the wellbeing of all. In return, we offer a working culture that gives our people freedom and flexibility, and where they can grow both personally and professionally to master their field.Be part of our amazing blend. Come and grow yourself and, in turn, help us to grow a world of wellbeing.Job Title: Group Financial Reporting & Consolidation AnalystLocation: Bangalore IndiaReporting to: Head of Group Financial ReportingYour RoleAs Group Financial Reporting & Consolidation Analyst you are part of the Group Financial Reporting team and responsible for the consolidation and financial reporting to be prepared in accordance with IFRS. You will be reporting to the Head of Group Financial Reporting.Your Key Tasks
  • Perform the monthly consolidation in SAP4HANA for Lipton in a very dynamic and international environment
  • Perform in depth reviews of group reporting schedules (balance sheet and P&L)
  • Financial accounting for holding entities located in the Netherlands
  • Prepare IFRS financial statements for Lipton together with colleagues from Financial Group Reporting team
  • Support external and internal audits
  • Contribute to and drive continuous improvement, optimization and standardization of consolidation and financial accounting processes
  • Work on ad-hoc analysis and projects
Stakeholder Management And Key Interfaces
  • LTI local finance teams
  • LTI Shared Services Center (SSC)
  • LTI treasury, tax, insurance and payroll/pension team
  • Group external auditor
Ideal candidate
  • Master degree and 4-8 years of experience in similar role
  • Experience in financial accounting and consolidation activities for a multinational company
  • Familiar with IFRS and eager to expand knowledge in area of financial accounting
  • Strong ownership, proactive and self-starter
  • Strong analytical skills
  • Experience in big 4 accounting firm followed experience multinational company is a plus
  • Experience in consumer goods industry is a pre
  • Excellent communication skills in English
Whats in it for you?We believe that growth is for everyone, we believe in growing leaders and making space to grow an owner’s mentality and like nature we adapt, we change and we grow. We believe in connections over hierarchies and (work)levels. We have a corporate start-up approach; we act with speed and agility and we have the strength and scale of a large corporation. We are building a better world of wellbeing and a better you.Excited about the Role? Please apply online. Your application will be reviewed against our requirements, and we will be in touch to provide you with an update on the status of your application. Looking forward to meeting you!

Skills

AccountingFinanceFinancial AccountingFinancial ReportingFinancial StatementsGroup ReportingIfrsPayrollStakeholder ManagementTreasuryConsolidationFinancial Reporting & ConsolidationInsuranceRevenueShared ServicesAnalysisStrategyContinuous Improvement

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