Hindustan Unilever (HUL)
Location
Bangalore | India
Job description
Procurement Finance partners the Global Procurement function in delivering the expansive cost and cash agenda for Unilever.
Procurement Finance is a diverse global team with representation from 20+ nationalities, spread across 3 global hubs and multiple market locations.
JOB PURPOSE:
Reporting to the CFET Senior Manager, the candidate will own the material price forecasting process for select portfolios and clusters, for on time and in full delivery.
The candidate will play a pivotal role in leading the forecasting process, building understanding of the material price forecast, and driving insights for decision making.
The role would be to mainly:
Drive the material price forecast process for select portfolios and clusters
Lead process improvement initiatives and simplification projects
Support wider transformation programs in the forecasting space
Drive analytics and insights to enable value-focused business decisions and actions
Understand drivers of forecast impact to partner Procurement and Finance teams on the forecast
Lead a team of 3-5 Assistant Managers and / or Senior Executives to deliver to business objectives
The ideal candidate is required to see the big picture while being capable of drilling down to the details to drive insights and resolve operational issues. They should be able to drive and improve a large, complex process, while partnering and engaging with Procurement and Finance teams.
Strong analytical skills, robust process leadership, good stakeholder management, high accountability and resilience are key to succeed in this role.
MAIN RESPONSIBILITIES:
Material Forecasting
Lead forecast cycles for select portfolios and clusters, driving timeliness, accuracy and prioritization
Engage with and support buyers to improve quality of the forecast while reducing effort
Drive analytics and insights to guide business decision making and focus
Understand impacts from price movements in key commodities to estimate impact on forecast
Understand drivers of forecast impact to partner Procurement and Finance teams on the forecast
Land material prices and forecast impacts with Markets / Business Groups
Process Improvement
Streamline the forecasting process through prioritization, simplification, standardization, and automation
Lead continuous improvement initiatives
Support forecasting transformation programs through process expertise and thought leadership
Stakeholder Management
Engage with Supplier Operations and third party to get relevant output to run the forecast and give them input for process improvements
Engage with FBPs to land the forecast, answer queries, help build a narrative and partner business on the forecast
Engage with Procurement to drive various elements of the forecasting cycle
Engage with Supply Chain Finance on forecast-related topics such as volume collection, material prices delivery, etc.
Engage with various transformation programs to share expertise and lend thought leadership
Team Management
Lead a team of 3-5 Assistant Managers / Senior Executives
Ensure each team member has the required skills and competencies to do his / her role effectively by providing feedback, support, coaching and guidance
Take ownership of the wellbeing and development of the team
Create a collaborative working environment within and across teams
Engage in performance management processes, in line with Unilever s performance culture, to ensure each team member achieves his / her goals
Effectively manage team changes and issues such as promotions, resignations, absence management, etc. in line with Company guidelines
KEY INTERFACES:
Performance Management Operations Director
Central Finance Excellence Team (CFET)
Finance Business Partners (FBPs)
Performance Management Lead
Forecast Champions and Buyers
Supply Chain Finance Services (SCFS)
Country FET teams
Third Party service provider
RELEVANT SKILLS / EXPERIENCES REQUIRED:
Qualified Chartered Accountant / Cost Accountant / MBA with 5 - 8 years experience
Relevant experience in Financial Planning, Forecasting and / or Finance Operations
Prior experience in Procurement Finance or Supply Chain Finance preferred
2+ years experience in leading teams
Strong people management skills to engage, steer, and motivate the team for high performance
Strong analytical skills, Excel skills and attention to detail
High accountability and ownership
Passion for high performance to drive and continuously improve the process
Resilience to cope with challenges of a demanding forecasting cycle
Ability to work collaboratively with stakeholders
Strong communication skills
Job tags
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