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57 General Mills Jobs
CA Industrial Trainee
General Mills
posted 2mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
This JD is designed to be used for Campus interviews for graduates and CA Intern hiring across various FSS Operations Finance roles (e.g. in FPNA, Risk Compliance, Statutory Finance, Corporate Finance etc .)
KEY ACCOUNTABILITIES
70% of Time - Operational Management
Operational Management
1.Central Forecast Team (Both, Regular and Shift)
Submission of Financial Forecast, Spring Plan and PEAK support:
Ensuring a complete and accurate financial forecast is submitted, using vol from Demand team,
Assisting with the compilation of decks for each Peak monthly meetings (PMR, DRM, MBR, SR),
Collating information for HUB scorecard reviews.
Reporting and Analysis:
Preparing and distributing actual business results to stakeholders,
Pricing and Expense (Admin, Marketing, Trade) consolidation and reporting,
In-market measures for distributor markets
Daily Activities:
Ad-hoc reporting requests from business stakeholders,
Preparation of CWC performance,
Consolidating distributor trade spend forecast (TAF),
Enter and amend customer pricing as requested,
Validation testing of new back-end flows,
Checking accuracy of volume conversions in system.
2. Statutory Financial Reporting (Shift timing)
Subject matter expertise hands-on with Statutory US Local GAAPs (IFRS), HFM, Consolidation
Knowledge of US GAAP / IFRS and international auditing standards
Experience with international tax structures and the translation of these structures to the financial statements
Pro-actively maintains up to date knowledge of Accounting Standards and Regulations impacting General Mills.
Lead prepare various schedules required for internal and external reporting on a GAAP, statutory reporting basis, financial reports such as balance sheets, income statements, cash flow statements and footnote schedules.
Pro-actively seeks areas to improve both the Statutory Reporting process Statutory reporting process related internal processes
Liaise with auditors and internal team as appropriate, to ensure that all local GAAP requirements are fulfilled
Planning and Preparing Financial Statements
Coordinate and plan the preparation of financial statements of Global Market / Markets (EUAU/ ASLA/ NAR)
Initiate and prepare the financial statements in the reporting tool (Workiva SAP) with at most accuracy.
Get the financials reviewed by business controller / tax consultants / auditors and book the necessary adjustments in reporting tool and SAP.
Support in filing the financials to relevant local authorities.
3. Risk Compliance (Regular)
Global Quality and Risk (GQR) Team is part of Finance Shared Services (FSS) vertical at GBS India Center. This team report to Finance Director.
This team has dotted line responsibility to Global Internal Control (GIC) and Global Internal Audit(GIA)
GQR is team of qualified Chartered Accountants (equivalent to CPA/CIMA) with an experience in audit risk field.
This team supports in Compliance, Regulatory technical analysis to local Finance India site, Global Internal Control and Global Audit Team. Considering the global deliverables, the team is required to know the global GAAPs and US GAAP along with various pronouncements e.g. Sarbanes-Oxley, Patriot Act, etc. They need to continuously upgrade themselves with the changing scenario in Finance and Accounting.
Over the period of last 2 years this team has evolved to be major partner in SOX program, consultant to Global Internal Control in various global projects. This team is the Global hub for SOX program for GMI.
This team has emerged as strong partner with Global Internal Audit for technical analysis and compliance with regulatory requirements by establishing Audit Center of Excellence (ACOE).
Locally this team ensures strong risk and control environment is maintained by way of regular reviews, risk and awareness session and consulting partners. As and when needed this team provides support to site by way of adhoc reviews from accounting, policy and compliance perspective.
Ensure Quality Assurance Program for assigned functions is carried out and reported in dashboard.
Ensure to get Control Design Evaluation for assigned function done on annual basis to identify critical non-SOX processes and design gaps through team members.
Stakeholder (assigned FSS Function) management
o To support FSS and GBS India for adhoc review. Carry out reviews from policy, accounting and operations risk perspective.
o Assist in interfacing and coordinating audits and reviews with General Mills Internal and External Auditor
o To support FSS and GBS India for adhoc review. Carry out reviews from policy, accounting and operations risk perspective.
o Assist in interfacing and coordinating audits and reviews with General Mills Internal and External Auditor
10% of Time - Continuous Improvement
Participation in driving Continuous improvement within Process.
Eliminate Waste, Contribute to the Functional Productivity Goals
Ensure accurate tracking of HMM ideas and implementation
20% of Time - Technical Expertise
Actively learn and apply intermediate/advanced level of expertise in MS Excel, BeX, AFO, BO, SAP, Macros
Build a robust governance system for all reporting activity.
Undergo trainings: As recommended and self-initiated refresher trainings to keep abreast of
Tool dynamics and their functional as well as tactical applications
4. Corporate Finance (Regular)
Financial Accounting, preparation of journal vouchers, passing entries
Knowledge of basic accounting, tax, statutory payments.
Proactive to resolve queries and identifying root cause to issues.
System knowledge ERP navigation.
Preparing Reconciliations such as Bank, ledger accounts, adhoc if any.
Should be able to support Finance functions.
MINIMUM QUALIFICATIONS
Full Time graduation from an accredited university (Mandatory)
Multitasking Time Management
Preferred Major Area of Study: Finance Accounting
Required Professional Certifications: Chartered Accountant
Strong customer relations Good Communication
Logical thinking
Competencies/Behaviors required for job
Courage to question without hesitation, recommend and influence.
Yearn to gain process expertise and be an SME for the process.
Commitment to Service Excellence and delivering Outstanding Results
Ability to identify gaps, trends, exceptions and synergies in the process, drive process improvements with HMM.
Can prioritize and complete multiple tasks on tight deadlines.
Familiarity with SAP system functionality preferred.
Experience dealing with Global Stakeholder preferred.
Advanced MS Office computer skills preferred (i.e., Word, Excel, Access, Outlook)
Experience in Reconciliation can be advantage
PREFERRED QUALIFICATIONS
- Major Area of Study: Minimum Degree Requirements : Bachelors , Preferred Degree Requirements: Masters
- Minimum years of related experience required: Freshers, Eligible CA students enrolled in New Scheme of Education and Training
- Preferred Professional Certifications: CISA
Employment Type: Full Time, Permanent
Read full job descriptionPrepare for CA Industrial Trainee roles with real interview advice
Top General Mills CA Industrial Trainee Interview Questions
Q1. Have you worked in FMCG modelling domain and CPG domain?
asked in
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Q2. Which according to you is important among the both accuracy or bias if you have to select in them
asked in
Senior Demand Planner interview
Q3. If you do mistake in forecast thats instead of 200 you put 2000 , what will you do
asked in
Senior Demand Planner interview
What people at General Mills are saying
What General Mills employees are saying about work life
based on 748 employees
Flexible timing
Monday to Friday
No travel
Day Shift
General Mills Benefits
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