PPM Finance Manager
- Recruiter
- SA Breweries
- Location
- South Africa
- Salary
- Competitive salary
- Posted
- 25 May 2022
- Closes
- 03 Jun 2022
- Ref
- 30016510
- Job role
- Finance manager
- Sector
- Accounting - Public practice
- Experience level
- Manager
Dreaming big is in our DNA. Brewing the world's most loved beers and creating meaningful experiences is what inspires us. We are owners, empowered to lead real change, deliver on tough challenges, and take accountability for the results. We are looking for talent that shares these values, that is ambitious, bold & resilient. We want talent that is looking for fast career growth, cross-functional experiences, global exposure and robust training & development.
Job Purpose:
To continuously drive regional costs to an optimal level through coordinating in a challenging fashion ("open and close the gap") all financial and performance activities and at the same time being the control custodian of the region.
Including but not limited to:
• Manage Corporate Governance
• Balance Sheet Management
• Total P&L Management
• Monthly actuals reporting
• Monthly actuals analysis and review
• Monthly FY forecast (LE) including R&O management
• Capex budget spend management
• Internal and external benchmarking
• Regional Budget Process
• Focus on profitability, cost control and achievement against pre-set KPIs.
Overall responsible for the achievement of the defined financial results for the Region
Key Roles and Responsibilities:
Monthly Actuals (reporting/analysis/review)
• Coordinate the actuals reporting process together with ZHQ finance team, BBP and NoCC
• Do control checks, review and adjust actuals if needed in alignment with control
• Accurately report financial performance on a monthly basis (Full P&L)
• Provide actuals review and analysis during monthly deep dive meetings
• Deep dive in all new variance drivers, find root cause and work with the districts on identifying adequate gap closing action plans
• Review consolidated Regional DVA (prepared by regional logistics team)
• Head up District month results review
• Head up Regional month results review with Financial Director, Regional Director and Regional Logistics Manager
• Managing capex budget and spend
• Work effectively with HQ Finance departments, including Finance NOCC, ZBB and Logistics to deliver enhanced value for the organisation.
Monthly Full Year Forecast outlook (LE)
• Prepare Full Year Forecast outlook (LE) for the Regional P&L for financial performance
• Identify opportunities to continuously improve EBITDA results
• Identify risks, respective route causes and identify gap closing action plans
• Consolidate and report LE ZHQ and NOCC team
• Prepare monthly Deep Dive and review decks, respecting ZHQ guidelines, templates and timelines
• Work closely with NOCC/BBP/HQ to ensure LE submissions accurate, complete
• Continuously challenge LE's to drive value
Annual Plan
• Define and lead the process for Region
• Set and communicate annual plan calendar, milestones and targets to region
• Monitor annual plan calendar implementation
• Define departmental targets to deliver on 1YP and bottom up for different P&L lines
• Provide the facts and figures for all relevant budget calculations
• Ensure all initiatives are properly embedded in the budget, while avoiding double counting
• Prepare management review presentations Region, respecting ZHQ guidelines, templates and timelines
• Ensure final budget is properly uploaded in all relevant tools (Cognos, SCFD, ZBB, TM1, SAP)
• Support region with STI target setting and tracking
Corporate governance
• Sign off and review of monthly stock packs
• Attend 1 Quarterly stock count
• Support Fixed Asset Management
• Support NOCC/Internal Control team with annual CSA audits and
• Lead action plan to close the gaps identified in Audits
• Lead monthly Regional Audit Committee meeting
• Managing corporate governance and identifying risks, ensuring plans are in place to mitigate these risks and ensuring closure of all audit/risk/IFC findings.
Balance Sheet Management
• Review Balance sheet on monthly basis
• Ensure completeness and accuracy of reporting of Income Statement via Balance Sheet
• Support Accounts Payable Team with Balance sheet management
Ad-hoc
• Work with Nocc team on streamlining reporting and monthly business cycle
• Work with Regional Logistics team on streamlining reporting and monthly business cycle
• Support cash conversion initiatives
Education
• BComm Hons. or CA(SA) or CIMA or MBA
Experience
• Minimum of 3 years experience in financial management or similar management experience in FMCG or Beverage industry
• Experience on supporting senior managers on decision making
Technical competencies
• Solid knowledge of accounting and control activities
• Good knowledge of audit, tax and treasury activities
• Excellent technical financial and accounting skills.
• Ability to analyse and interpret financial information.
• Expertise in Project Management
• Good communication skills
• Excellent presentation skills, able to convey a clear message (storyline building), making complex matters easy for understanding
• Masters Excel and Powerpoint
• Strong business acumen, having a wide understanding of other key AB InBev business areas (Safety, Quality, Brewery operations, Logistics, Procurement, Sales, Marketing, Finance, etc...)
• English - proficient in writing and speaking
Behavioural & Interpersonal Competencies:
• Challenger of the status quo
• Driven to implement change & transformation
• Be a true partner with business owners
• Working in a multi-cultural environment
• High level of service mindset
• Coordinating skills
• High sense for accuracy
• Communicative, team oriented and open for change
• Ability to work in a well-organized, accurate and reliable manner
• Excellent analytical and reporting skills & problem solver
• Used to working with deadlines
• Highly results focused
• Leads by example, and lives the company's values
• Able to work on own initiative and prioritize workload effectively
Reports:
Direct Report
• None
Dotted Line Report
• None
Job Purpose:
To continuously drive regional costs to an optimal level through coordinating in a challenging fashion ("open and close the gap") all financial and performance activities and at the same time being the control custodian of the region.
Including but not limited to:
• Manage Corporate Governance
• Balance Sheet Management
• Total P&L Management
• Monthly actuals reporting
• Monthly actuals analysis and review
• Monthly FY forecast (LE) including R&O management
• Capex budget spend management
• Internal and external benchmarking
• Regional Budget Process
• Focus on profitability, cost control and achievement against pre-set KPIs.
Overall responsible for the achievement of the defined financial results for the Region
Key Roles and Responsibilities:
Monthly Actuals (reporting/analysis/review)
• Coordinate the actuals reporting process together with ZHQ finance team, BBP and NoCC
• Do control checks, review and adjust actuals if needed in alignment with control
• Accurately report financial performance on a monthly basis (Full P&L)
• Provide actuals review and analysis during monthly deep dive meetings
• Deep dive in all new variance drivers, find root cause and work with the districts on identifying adequate gap closing action plans
• Review consolidated Regional DVA (prepared by regional logistics team)
• Head up District month results review
• Head up Regional month results review with Financial Director, Regional Director and Regional Logistics Manager
• Managing capex budget and spend
• Work effectively with HQ Finance departments, including Finance NOCC, ZBB and Logistics to deliver enhanced value for the organisation.
Monthly Full Year Forecast outlook (LE)
• Prepare Full Year Forecast outlook (LE) for the Regional P&L for financial performance
• Identify opportunities to continuously improve EBITDA results
• Identify risks, respective route causes and identify gap closing action plans
• Consolidate and report LE ZHQ and NOCC team
• Prepare monthly Deep Dive and review decks, respecting ZHQ guidelines, templates and timelines
• Work closely with NOCC/BBP/HQ to ensure LE submissions accurate, complete
• Continuously challenge LE's to drive value
Annual Plan
• Define and lead the process for Region
• Set and communicate annual plan calendar, milestones and targets to region
• Monitor annual plan calendar implementation
• Define departmental targets to deliver on 1YP and bottom up for different P&L lines
• Provide the facts and figures for all relevant budget calculations
• Ensure all initiatives are properly embedded in the budget, while avoiding double counting
• Prepare management review presentations Region, respecting ZHQ guidelines, templates and timelines
• Ensure final budget is properly uploaded in all relevant tools (Cognos, SCFD, ZBB, TM1, SAP)
• Support region with STI target setting and tracking
Corporate governance
• Sign off and review of monthly stock packs
• Attend 1 Quarterly stock count
• Support Fixed Asset Management
• Support NOCC/Internal Control team with annual CSA audits and
• Lead action plan to close the gaps identified in Audits
• Lead monthly Regional Audit Committee meeting
• Managing corporate governance and identifying risks, ensuring plans are in place to mitigate these risks and ensuring closure of all audit/risk/IFC findings.
Balance Sheet Management
• Review Balance sheet on monthly basis
• Ensure completeness and accuracy of reporting of Income Statement via Balance Sheet
• Support Accounts Payable Team with Balance sheet management
Ad-hoc
• Work with Nocc team on streamlining reporting and monthly business cycle
• Work with Regional Logistics team on streamlining reporting and monthly business cycle
• Support cash conversion initiatives
Education
• BComm Hons. or CA(SA) or CIMA or MBA
Experience
• Minimum of 3 years experience in financial management or similar management experience in FMCG or Beverage industry
• Experience on supporting senior managers on decision making
Technical competencies
• Solid knowledge of accounting and control activities
• Good knowledge of audit, tax and treasury activities
• Excellent technical financial and accounting skills.
• Ability to analyse and interpret financial information.
• Expertise in Project Management
• Good communication skills
• Excellent presentation skills, able to convey a clear message (storyline building), making complex matters easy for understanding
• Masters Excel and Powerpoint
• Strong business acumen, having a wide understanding of other key AB InBev business areas (Safety, Quality, Brewery operations, Logistics, Procurement, Sales, Marketing, Finance, etc...)
• English - proficient in writing and speaking
Behavioural & Interpersonal Competencies:
• Challenger of the status quo
• Driven to implement change & transformation
• Be a true partner with business owners
• Working in a multi-cultural environment
• High level of service mindset
• Coordinating skills
• High sense for accuracy
• Communicative, team oriented and open for change
• Ability to work in a well-organized, accurate and reliable manner
• Excellent analytical and reporting skills & problem solver
• Used to working with deadlines
• Highly results focused
• Leads by example, and lives the company's values
• Able to work on own initiative and prioritize workload effectively
Reports:
Direct Report
• None
Dotted Line Report
• None