Job Description

ROLE SUMMARY
My client, a leading FMCG Group is in search of a suitably qualified and experienced individual to assume the above-mentioned role within their organisation.

The successful incumbent will lead the profitability agenda of the business whilst balancing the strategic imperatives, generating financial insights and enabling the delivery of the Strategy, Budget and Forecast. They will lead and manage the finance team (factory-based and shared services), driving a high-performance culture that delivers on their commitments.

They will also prepare detailed and insightful analysis of business results timeously including the identification of opportunities and risks together with recommendations for actions to address, actively handle ad hoc assignments and deliver the results in a timeous manner.

Specific role outputs will include:

• Provide ongoing insightful analysis of actual results compared to plan / target
• Identify sustainable mitigating plans together with team, to deliver on committed targets within the month whilst balancing medium to long-term strategy
• Provide strong financial support through the planning process e.g. situation analysis and strategic plans
• Provide analysis and evaluation of the brand plan, innovations, budget and forecast ensuring the most profitable allocation of resources through financial insights and constructive challenge
• Ensure that investment choices aligned to brand strategic priorities are financially evaluated to provide a long-term perspective of the impact on portfolio profitability
• Work together with cross-functional teams to deliver on the CAPEX plan within the year
• Challenge and support the development of the financial assumptions that underpin the brand plan
• Ensure that the budget owners understand and adopt the right methodology
• Ensure adequate and accurate budget cost allocation, and approve costs depending on the level of authorisation
• Ensures that budget targets and guidelines are cascaded to the relevant stakeholders
• Drive and lead the continuous improvement agenda within the BU across factory, sales, and marketing spaces
• Actively support the PS&OP process within the BU
• Promote a robust control and governance environment ensuring compliance to policies and procedures across the BU achieving acceptable internal and external audit ratings and minimising risk to the business
• Review and approve expenditures and ensure that the Finance Teams establish appropriate spending and budgetary controls
• Review trade spending that falls outside pre-approved limits
• Review the financial results (packs) on a monthly basis including balance sheet reconciliations and present insights
• Accept full accountability for managing the shared service and factory-based staff in the delivery of the financial outputs

CRITERIA / REQUIREMENTS

• A qualified (CA) SA
• A minimum of 6+ years' experience in FMCG / Manufacturing environment in roles of increasing responsibility
• Strong analytical and conceptual abilities
• Well-refined technical finance and strategic skills
• Ability to manage complexity including multiple stakeholders, countries
• Solid understanding of the segment and retail market
• Outstanding financial and commercial acumen (preferably in FMCG)
• Good knowledge of accounting standards
• Thorough understanding of planning and reporting processes
• Excellent interpersonal skills with ability/desire to work in a team-based, customer-focused environment
• Strong leadership skills with the ability to effectively influence all levels of management

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