Project Details

Value unlock for Unilever International business

Hindustan Unilever Limited

 Mumbai / Navi Mumbai, Dubai

Posted on:  13/04/2017

BROAD CATEGORY

Finance

SUB CATEGORY

Accounting, Audit, Financial planning and analysis, Treasury (incl. working capital management), Budgeting, Tax, Credit and risk analysis,

INDUSTRY

Personal &Household Products

Company Details

Hindustan Unilever Limited (HUL) is India's largest Fast Moving Consumer Goods Company with a heritage of over 75 years in India and touches the lives of two out of three Indians. With over 35 brands spanning 20 distinct categories such as soaps, detergents, shampoos, skin care, toothpastes, deodorants, cosmetics, tea, coffee, packaged foods, ice cream, and water purifiers, the Company is a part of the everyday life of millions of consumers across India. Its portfolio includes leading household brands such as Lux, Lifebuoy, Surf Excel, Rin, Wheel, Fair & Lovely, Pond’s, Vaseline, Lakmé, Dove, Clinic Plus, Sunsilk, Pepsodent, Closeup, Axe, Brooke Bond, Bru, Knorr, Kissan, Kwality Wall’s and Pureit. The Company has over 16,000 employees and has an annual turnover of around Rs. 21,736 crores (financial year 2011 - 2012). HUL is a subsidiary of Unilever, one of the world’s leading suppliers of fast moving consumer goods with strong local roots in more than 100 countries across the globe with annual sales of about €46.5 billion in 2011. Unilever has about 52% shareholding in HUL.

Assignment Details

Setting up an Invoicing Hub for Dubai and drive Middle East Top line and bottom line for UI business.

The future Unilever International (UI) business model relates to the expansion of the brands that UI imports into NAME cluster (North Asia and Middle East) to drive incremental growth opportunities across NAME, that cannot be accessed by the existing country portfolios, channels or operations.
This is driven by building inventory hub in Dubai and building Dubai as an invoicing center for Middle east . It solves the current problem of High Mix, Low Volume supply chain problem and supports in consolidation, delayed buffering and customization.
Candidate is required to establish:
1. Establish a Hub to invoice via Dubai
2. Clearances from NAME Leadership team
3. Tax compliance framework to be designed to establish full proof system
4. Operationalize
Apart from above, the current established operational model needs to be partnered to:
1. To set finance processes and controls
2. Review governance
3. Control on Marketing Activites and Drive value generation
4. Net Revenue Management for B2C model
5. Accounting and Reporting.

Role responsibilities

1. Establish a framework for UI Invoicing Hub based out of Dubai and do a formal handshake with the business teams
a) NAME LT sign off
b) Live Operations on ground
c) Operational Governance
2. Through the established robust process of ME business of UI,
a) ME debtors outstanding not more than 60 days,
b) Better Claim Management
c) ROI driven market investments

Please note that this is a project-based/contractual assignment for 12 months and not a permanent job. This project requires 30+ hours of capacity a week.

Skills Required

This project is only for women as it is part of the Career By Choice program of HUL. The program is for women professionals looking to return to their careers after a break, and gives them a chance to work flexibly.

Finance graduates from premier B schools and first attempt CAs would be preferred.

Please upload your CV on your skill profile at Flexingit.com. This will help in faster processing of your application.

Professionals from Dubai would be preferred. Professionals based in Mumbai and willing to travel occasionally to Dubai would also be considered.

Assignment Duration

12 month(s)

Capacity Required

20+ Hrs/Week

No. of Positions

1

Nature of Work

Both (On-site & Remote)

Profile Requirements

Experience: 4+ years

Qualification: Post Graduate or Higher

fleXpertise required

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ESTIMATED BUDGET

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