What are the responsibilities and job description for the AM Funds position at The Magnum Ice Cream Company?
Life tastes better with ice cream
With 19.000 expert ice cream colleagues and iconic brands like Wall’s, Cornetto and Ben & Jerry’s, loved in 76 countries, we are the world’s largest Ice Cream company leading the industry.
We create iconic ice cream brands that are part of everyday life, bringing moments of joy to millions of people around the world. Everybody loves ice cream. And as the world’s biggest pure‑play ice cream company, we have the scale and ambition to make a real difference.
What Truly Sets Us Apart Is How We Work.
We move fast and keep things simple. We turn ideas into action, trust people to take ownership, and work as one team to win together with integrity. Our culture is high‑performance, collaborative and focused on getting things done.
We’re curious and ready for what’s next. We embrace digital, use data to make better decisions, and keep learning, including how AI can help us work smarter and serve consumers better.
The role
To manage and oversee the financial operations, compliance, and reporting related to the Provident Fund and Defined Contribution Funds. The role will also coordinate with EY for outsourced operational and audit support, ensuring governance, transparency, and optimal returns on fund investments.
What You'll Be Responsible For
Fund Management & Operations
Audit & Financial Reporting
Investment Oversight
Compliance & Governance
Stakeholder Engagement
Tax Compliance & Regulatory Responsibilities
Alongside meaningful work and strong development, we offer a reward package that typically includes
This is a place for people who are passionate about ice cream and are growth obsessed - both for the business and for themselves. People who act like an owner and drive our business end-to-end. People who are driven by success to deliver more than we ever thought we could!
You’ll thrive here if you value an inclusive culture, with low ego and hierarchy - and if you’re excited to continuously learn and challenge how we work, using digital, data, and new thinking to push us forward.
Ready to build the future of Ice Cream?
If this sounds like the place where you'd thrive, we'd love to hear from you. Apply online and share your CV. We'll review your application and be in touch with the next steps.
If you are an individual with a disability and require assistance at any time during our recruitment process, please let your Talent Acquisition Partner know.
Additional Information
The Magnum Ice Cream Company is an Equal Opportunity Employer. We embrace diversity and are committed to creating an inclusive environment where everyone can do their best work regardless of age, disability, gender identity, race, religion, sexual orientation, or any other protected characteristic.
With 19.000 expert ice cream colleagues and iconic brands like Wall’s, Cornetto and Ben & Jerry’s, loved in 76 countries, we are the world’s largest Ice Cream company leading the industry.
We create iconic ice cream brands that are part of everyday life, bringing moments of joy to millions of people around the world. Everybody loves ice cream. And as the world’s biggest pure‑play ice cream company, we have the scale and ambition to make a real difference.
What Truly Sets Us Apart Is How We Work.
We move fast and keep things simple. We turn ideas into action, trust people to take ownership, and work as one team to win together with integrity. Our culture is high‑performance, collaborative and focused on getting things done.
We’re curious and ready for what’s next. We embrace digital, use data to make better decisions, and keep learning, including how AI can help us work smarter and serve consumers better.
The role
To manage and oversee the financial operations, compliance, and reporting related to the Provident Fund and Defined Contribution Funds. The role will also coordinate with EY for outsourced operational and audit support, ensuring governance, transparency, and optimal returns on fund investments.
What You'll Be Responsible For
Fund Management & Operations
- Maintain accurate financial records for Provident and DC Funds.
- Ensure timely processing of contributions, withdrawals, and transfers.
- Monitor fund performance and ensure alignment with investment policies.
Audit & Financial Reporting
- Coordinate annual audits of Provident and DC Funds in collaboration with EY.
- Prepare financial statements and disclosures for the funds in line with applicable accounting standards.
- Ensure timely submission of audited financials to relevant stakeholders.
Investment Oversight
- Liaise with the appointed investment company to evaluate and execute investment decisions.
- Monitor fund portfolios to ensure optimal returns and risk management.
- Review investment performance and recommend adjustments as needed.
Compliance & Governance
- Ensure compliance with local regulatory requirements and internal policies.
- Liaise with legal and compliance teams for updates on statutory changes.
- Support internal and external audits, including coordination with EY.
Stakeholder Engagement
- Act as the key point of contact for EY on fund operations and reporting.
- Collaborate with HR, payroll, and treasury teams for fund-related matters.
- Respond to employee queries regarding fund balances and statements.
Tax Compliance & Regulatory Responsibilities
- Ensure the Provident Fund and DC Fund are structured and operated in compliance with the Income Tax Ordinance, 2001.
- Coordinate with the FBR for recognition of the Provident Fund to qualify for tax exemptions.
- Prepare and submit all required documentation for fund recognition, including:
- Trust Deed
- Fund Rules and Constitution
- Audited Financial Statements
- Employee Contribution Records
- Bank Account Details of the Fund
- Monitor and ensure tax-exempt status of employer contributions and fund income under recognized fund provisions.
- Liaise with tax team and EY to ensure proper tax treatment of fund transactions and reporting.
- Stay updated on changes in tax laws and regulations affecting Provident and DC Funds.
- Has experience in finance analysis and can operate confidently in Reporting
- Brings strong skills in Reporting, Treasury & Accounting.
- Thinks end-to-end and takes ownerships for results
- Is comfortable working in a fast-moving, evolving organisation
- Values collaboration, clarity and low-ego ways of working
Alongside meaningful work and strong development, we offer a reward package that typically includes
- Market-competitive pay and performance related rewards
- Flexible ways of working
- Support for health, wellbeing and life outside of work
- Time off to rest and recharge
- Ongoing learning and development opportunities
This is a place for people who are passionate about ice cream and are growth obsessed - both for the business and for themselves. People who act like an owner and drive our business end-to-end. People who are driven by success to deliver more than we ever thought we could!
You’ll thrive here if you value an inclusive culture, with low ego and hierarchy - and if you’re excited to continuously learn and challenge how we work, using digital, data, and new thinking to push us forward.
- Roles with real accountability and visible impact
- Free to move fast, experiment and challenge how things are done
- Continuous learning and development as the business grows
- Reward linked to performance and contribution.
Ready to build the future of Ice Cream?
If this sounds like the place where you'd thrive, we'd love to hear from you. Apply online and share your CV. We'll review your application and be in touch with the next steps.
If you are an individual with a disability and require assistance at any time during our recruitment process, please let your Talent Acquisition Partner know.
Additional Information
The Magnum Ice Cream Company is an Equal Opportunity Employer. We embrace diversity and are committed to creating an inclusive environment where everyone can do their best work regardless of age, disability, gender identity, race, religion, sexual orientation, or any other protected characteristic.