Unilever is currently hiring for Assistant Manager - Record to Report!
Function: Finance
Work Level: WL1
Reports to: Manager R2R Operations
Location: Karachi Head Office
Terms & Conditions: Full-Time
ABOUT UNILEVERWith 3.4 billion people in over 190 countries using our products every day, Unilever is a business that makes a real impact on the world. Work on brands that are loved and improve the lives of our consumers and the communities around us. We are driven by our purpose: to make sustainable living commonplace, and it is our belief that doing business the right way drives superior performance. At the heart of what we do is our people – we believe that when our people work with purpose, we will create a better business and a better world.
At Unilever, your career will be a unique journey, grounded in our inclusive, collaborative, and flexible working environment. We don’t believe in the ‘one size fits all’ approach and instead we will equip you with the tools you need to shape your own future.
JOB PURPOSETo ensure accurate and timely financial reporting through effective execution of R2R processes. This includes managing intercompany and intracompany reconciliations, lease accounting, share-based payments, and maintaining strong financial controls across these areas.
WHAT WILL YOUR MAIN RESPONSIBILITIES BE1. Intercompany & Intracompany Transactions
- Manage end-to-end intercompany processes including reconciliation, settlement, and confirmation of balances with group entities.
- Follow up with local and global teams to ensure timely processing of intercompany inflows and outflows.
- Partner closely with the Treasury function to coordinate intercompany payments, ensure accurate cash movements, and resolve any delays or mismatches.
- Monitor open items, drive timely clearance, and resolve mismatches through proactive communication.
2. Lease Accounting
- Ensure accurate accounting and reconciliation of lease liabilities and right-of-use assets in line with IFRS 16.
- Identify embedded leases through contract reviews and ensure appropriate accounting treatment.
- Reconcile lease payments vs lease schedules and investigate anomalies or delays in payment.
3. Share-Based Payments
- Account for group share-based payment plans in accordance with IFRS 2.
- Ensure appropriate recognition of expenses, accruals, and reserves related to equity-settled and cash-settled share plans.
- Prepare supporting schedules, reconciliations, and disclosures related to share-based payments.
4. Reconciliations & Financial Controls
- Perform timely balance sheet reconciliations with complete audit trails and substantiation.
- Investigate and resolve reconciling items and maintain control documentation.
- Support the effectiveness of financial controls, including those related to lease, intercompany, and share based accounting.
- Perform fixed asset master data maintenance and ensure hygiene of records, including tagging, location mapping, and asset class consistency.
- Maintain the integrity of the Fixed Asset Register (FAR) through periodic review and cleansing activities & monitor asset under construction balances and follow up with teams to ensure timely capitalization upon project completion.
