Bangalore / Bengaluru
4 years ago
16 Applied
JOB ID:37996
Job Type
Full Time
Functional Area
Accounting/Finance/Tax/CS/Audit
Industry
FMCG/Food/Consumer Durables,Banking/Financial Services/Insurance
Education
CA -CA
Experience Required
2 - 6 Yrs
Key Skills Required
Auditing, internal controls, Analytical Skills, Problem Solving, RTR, PRTP, OTSC, evaluating financial control framework (SOX) environment
Other Skills Required
Job Description
Description
Position Purpose & Summary
Cargill has established a Controls COE within the Controllers Organization. This Controls COE has developed a financial controls framework for high risk financial controls that reduce the risk of financial misstatement in Cargill’s consolidated financial statements. Control owners and operators in the embedded A&F and CBS Finance organizations will be responsible for executing the controls.
Cargill needs to ensure that the controls that are deployed within the CBS centers are operationalized... See More
Description
Position Purpose & Summary
Cargill has established a Controls COE within the Controllers Organization. This Controls COE has developed a financial controls framework for high risk financial controls that reduce the risk of financial misstatement in Cargill’s consolidated financial statements. Control owners and operators in the embedded A&F and CBS Finance organizations will be responsible for executing the controls.
Cargill needs to ensure that the controls that are deployed within the CBS centers are operationalized with urgency and with a high degree of quality. The Controls COE will focus on the design of the controls, training, rolling out the GRC tool, creating the self-assessment. CBS Finance will focus on embedding, deploying the controls in the 6 centers and performing the self-assessment along with 1st level of internal monitoring of controls. CBS Controls Tower will be responsible to help deployment the control framework designed by the Controls COE team and then perform independent monitoring of the control framework embed by CBS Finance.
The purpose of the role is to deploy the control framework designed by the controls COE team. Then to monitor this control framework. The Control Framework specialist will perform the ground work of implementing
Principal Accountabilities
60% Monitoring the control framework
Independent Monitoring of control framework
•Draft control test procedures (audit program for testing of controls)
•Perform control tests using different control testing techniques
•Design sampling methodologies based on the data available
•Navigate within ERPs to understand data that can be extracted
•Identify control failures and facilitate a discussions for remediation plans. Help vet the remediation plans
Self Assessment in GRC
•Ensure GRC has the latest information in terms of control owners, revised controls if process has changed and other changes as necessary.
•Campaign and train control owners for completion of the self assessment
•Perform certification as Controls Risk Lead for the allotted Business Group Country
•Support control owners to assess control failures and help document the action plans
30% Deploying matrices, policies and procedures
•Deploying Risk and Control Matrices (RCMs) (documenting specifics from the processes)
•Deploy and train CBS Finance operations teams on new policies and procedures provided by the control teams
•Identifying key control owners, reports, and procedures related to controls
•Incorporating the control procedures into GRC Archer tool
10% Corporate Audit Process
•Support issue owners with the remediation plans for the issues identified by Corporate Audit
•Project manage the issue resolution and highlight in cases of overdue during the reporting process
•Audit the issue closures and check for sustainability of implementation process
Qualifications
Minimum Required Qualifications
•Chartered Accountant with 2-6 years of experience (post qualification) in audit and internal controls or CA with operations experience but with background of audit experience
•Chartered Accountant Inter with 4-7 years (without articleship experience) of audit, internal controls or with a background of audit experience.
•Experience identifying internal control gaps and inefficiencies and documenting internal control design
•Proven ability to assess risks and controls and identify opportunities for improvement
•Experience is designing control tests and performance of control tests
•Demonstrated ability to make sound decisions and take initiative
•Strong independent problem solving and analytical skills
•Proven ability to manage multiple priorities and projects
•Strong interpersonal, written and verbal communication skills
•Ability to interact with and influence multiple levels of an organization
•Ability to travel 10-15%
•Shift timings are from 6:30 AM to 3:30 PM
Preferred Qualifications
•Experience in working with testing/evaluating financial control framework (SOX) environment.
•Successful deployment and management of SOX controls in a public company.
•Prior Big 4 or similar experience in audit or consulting.
•Experience of working in shared service operations.
•Possess appropriate knowledge and technical proficiency in financial and accounting areas together with having good systems understanding.
•Experience working across countries and cultures.
•Working Knowledge of ERP (JDE/SAP)
•End to end process knowledge on RTR, PRTP, OTSC and others.
Job-Operations
Primary Location-India-KA-Bangalore
Schedule-Full-time
Job Type-Standard See Less
Cargill at a glance
Cargill is committed to helping the world thrive.
We bring food, agricultural, financial, and industrial products to people who need them all around the world.
Since 1865, when W.W. Cargill founded our company, Cargill has acted on the belief that doing the right thing sets the foundation for long-term success. Today, as a global leader in nourishing people, we remain just as committed to this belief. Our customers, shareholders, employees, and communities count on us to uphold this commitment and we know that Cargill’s continued success depends on it.
The way we succeed is just as important as success itself. We approach business with a sense of respect and responsibility. Our purpose, vision, values and leadership expectations influence and inspire how we tackle everyday challenges and create lasting, global impact.
Our value chains
You learn a few things during 157 years of experience in business. Today, we apply that expertise to serve customers and
... See MoreCargill at a glance
Cargill is committed to helping the world thrive.
We bring food, agricultural, financial, and industrial products to people who need them all around the world.
Since 1865, when W.W. Cargill founded our company, Cargill has acted on the belief that doing the right thing sets the foundation for long-term success. Today, as a global leader in nourishing people, we remain just as committed to this belief. Our customers, shareholders, employees, and communities count on us to uphold this commitment and we know that Cargill’s continued success depends on it.
The way we succeed is just as important as success itself. We approach business with a sense of respect and responsibility. Our purpose, vision, values and leadership expectations influence and inspire how we tackle everyday challenges and create lasting, global impact.
Our value chains
You learn a few things during 157 years of experience in business. Today, we apply that expertise to serve customers and communities by operating in 70 countries and selling to 125 countries. We have 160,000 employees working every day to nourish the world in a safe, responsible, sustainable way.
This is Cargill
We exist to nourish the world in a safe, responsible and sustainable way.
Every day, we connect farmers with markets, customers with ingredients, and people and animals with the food they need to thrive. We combine our experience with new technologies and insights to serve as a trusted partner for food, agriculture, financial and industrial customers in more than 125 countries. With a focus on growing alongside our partners over the long term, on average we reinvest 80% of cash flow from operations back into our business.
Agriculture
We buy, process and distribute grain, oilseeds and other commodities to makers of food and animal nutrition products. We also provide crop and livestock producers with products and services.
Financial & Industrial
We provide our agricultural, food, financial and energy customers around the world with risk management and financial solutions.
Food
We provide food and beverage manufacturers, foodservice companies and retailers with high-quality ingredients, meat and poultry products, and health-promoting ingredients and ingredient systems.
Industrial
Cargill serves industrial users of energy, salt, starch and steel products. We also develop and market sustainable products made from agricultural feedstocks.
Cargill Worldwide
Located globally, impacting locally
Asia Pacific
55,000 employees - 35%, 16% of gross investment
North America 46,000 employees - 30%, 41% of gross investment Latin America 33,000 employees - 21%, 17% of gross investment Europe, Middle East and Africa 21,000 employees - 14%, 26% of gross investment
https://www.youtube.com/watch?v=oIa5mYAr9Ko
Cargill India
In India, Cargill’s operations started in 1987. We have businesses in refined oils, food ingredients, grain and oilseeds, cotton, animal nutrition, industrial specialties, and trade structured finance. Cargill markets leading consumer brands of edible oils such as Nature Fresh, Gemini, Sweekar, Leonardo Olive Oil, Rath and Sunflower brand of hydrogenated fats. We also markets wheat flour under the Nature Fresh brand name. The Animal Nutrition business of Cargill provides animal feed and premix and nutrition for aqua, dairy and poultry, and markets animal feed and premix under the brands such as Provimi, Purina, Citura and Cargill. The Grains and Oilseed business originates grains & oilseeds at 200 storage locations.
Learn more about us.
What we do, how we do it, and the difference we make.
