Looking for Your Dream Job Join Our Ice Cream Team!
Title: Finance Assistant Manager OVH & BMI
Scope: Global
Reports to: Global Cost Control Manager Finance
Location: Pune
Terms & Conditions: Full time, local terms with possibility of relocation support
Magnum is the leading Ice Cream player with 8bn Turnover in 2024. The Ice Cream business is operating in a highly attractive category, as we are part of the 1 trillion snacking and refreshment industry, growing consistently at high pace. We have strong brands equities: 5 of the top 10 selling brands including Wall's, Magnum, Ben &Jerry's. We are investing to unlock the full growth potential of Ice Cream as a standalone entity, once we separate from Unilever, which is planned to happen by November 2025. Ice Cream has distinct characteristics from Unilever's other operating businesses and the growth potential of Ice Cream will be better delivered under a different ownership structure.
We are committed to developing and nurturing talent within our Ice Cream company. You will have ample options for career growth and exploration, allowing you to explore roles and opportunities across the new organisation. Your career development will be a priority for us, and we are dedicated to supporting your growth journey within the new company.
We hope that you will want to build the new chapter of our Ice Cream history together with us.
ABOUT ICE CREAM: Life Tastes Better With Ice Cream
Unilever Ice Cream is the largest global Ice Cream Company in the world, with over 100 years of experience delivering a diverse range of indulgent, yet responsible, craft food experiences and treats delighting consumers. Committed to innovation, quality, and sustainability we have 35 brands, including 3 one billion Euro brands (Magnum, Wall's, Ben & Jerry's), a strong presence in over 60 countries, generating annual Turnover of 8 billion. All brands are driven to transform moments into memories through indulgent yet responsibly made and marketed products. We have a well-developed strategy to deliver growth and value creation which is clear on where to play and how to win.
We turn the ordinary into the extraordinary by designing unique and innovative Ice Cream experiences that make life taste better, creating joyful experiences. In our Ice Cream business, we're crafting the future through innovation and imaginative minds, creating unique products. We spark moments of happiness for people and within the communities where we operate. However, it is not as simple as it may seem. As Ice Cream makers we are serious about happiness. With warm hearts, we create the coolest products.
Ice Cream Finance: Leading for a winning, trusted and investible global ice cream market leader
This is your chance for a
once in a lifetime career experience, playing a part in the creation of a fully independent, new Ice Cream organisation.in what will be the
Ultimate Pleasure Food company.
We are seizing this unique opportunity to reset the role of Ice Cream Finance. Together we will become the
best and most admired finance team in the world, and we'll do this by focusing on value creation, trailblazing future-fit financial processes and technology, and by becoming a training ground for financial craftmanship that will be the envy of everyone.
Just imagine the benefits of working within a single category, where everyone and everything is laser-focused on the same goal, where there's opportunity to develop deep and wide understanding of the business economics and international ecosystem of a single category, and to translate that into value creation.
The role of Ice Cream Finance in this momentous moment is staggering, exciting, and yes...a little daunting, which is why we are looking for empowered and accountable decision makers who are keen to take on end-to-end responsibility; if you are a self-starter who identifies opportunities, takes initiative, and innovates to create value, who is proactive, resourceful and comfortable with challenge and uncertainty, you will thrive with us. In return, you will be rewarded with a rich finance role, no matter where you are in your career, and within an environment that's both fulfilling and fun...after all,
life tastes better with Ice Cream!
See appendix if you want to know more about the Ice Cream Finance North Star, showing our vision, goals and proposition in more detail.
Job Purpose
To support effective cost management and decision making by providing accurate overhead analysis, insightful variance explanations and robust forecasting. The role ensures alignment with budgetary Goals and drives financial efficiency through collaboration with cross- functional stakeholders and timely reporting.
Key Responsibilities
- Partner with Marketing, HR and other global functions to control the costs within their BMI & OVH budgets
- Forecast people and non-people costs of each budget lines on a monthly basis
- Deep dive analysis of actual costs versus forecast and versus run rate of budget
- Timely intervention with budget champions to ensure costs will land inline with budgets
- Create required reports and dashboards to enhance visibility on different aspects of budget management
- Partner with HR on FTE mapping to cost centers and ensuring people cost and their TT&E are landing in correct budget lines
- Support global functions on cost center management within budget management tools
- Ensure transparency and ownership of costs and compliance to key policies/standards across our cost base
- Support team on dynamic resource allocation, budget transfers and the TSAs
- Proficient in Excel
Experiences & Qualifications
WHAT YOU NEED TO SUCCEED:
- Chartered Accountant/ICWA/MBA Finance with 5+ years of experience in financial planning, analysis and cost control
- Exposure in Overhead Analysis, budgeting, forecasting and variance reporting.
- Excellent Analytical skills, attention to detail and strong commitment to continuous learning and improvement.
- Experience of working with cross-functional teams.
- Hands on experience in Excel
Must have competencies
- Strong leadership and interpersonal skills.
- High level of integrity and professionalism.
- Strategic thinker with a proactive approach.
- Ability to work collaboratively with cross-functional teams.
- Excellent organizational and time management skills.
- Excellent communication and presentation skills, with the ability to convey complex data insights to non-technical stakeholders.
- Strong problem-solving and analytical skills.
REPORTING STRUCTURE
The role will report to the Global Cost Control Manager
ARE YOU EXCITED TO CRAFT THE ICE CREAM FUTURE
Magnum embraces diversity and encourages applicants from all walks of life. This means giving full and fair consideration to all applicants and continuing development of all employees regardless of age, disability, gender reassignment, race, religion or belief, sex, sexual orientation, marriage and civil partnership, and pregnancy and maternity.
We take pleasure seriously. Join the Ice Cream team now!
#TMICC
About The Magnum Ice Cream Company
With 19.000 expert ice cream colleagues and iconic brands like Wall's, Cornetto and Ben & Jerry's, loved in 76 countries, we are the world's largest Ice Cream company leading the industry We have been taking pleasure seriously for more than 100 years, serving happiness with every lick or scoop of ice cream for generations.
About
The Magnum Ice Cream Company (formerly part of Unilever) is all about growth. Growing our business. Growing our customers businesses. Growing our people's careers. Growth begins with empowerment. So we free our people to be innovative, responsible entrepreneurs, driven and equipped to give our consumers more amazing products and unforgettable moments and having fun doing it. Here's what defines success in our organization :
- We are all about growth
- We operate with speed and simplicity
- We win together with fun
- We boldly innovate to disrupt our industry
- We care and challenge
- We are experts in the Ice Cream Category
ARE YOU EXCITED TO CRAFT THE ICE CREAM FUTURE
Please apply online and do not forget to upload your CV. Your application will be reviewed against the requirements, and we will be in touch shortly after the closing date, with an update on the status of your application.
