Financial Controlling Analyst - Supply (KBL) at Diageo

Job Description

Financial Controlling Analyst – Supply (KBL) Reports To: Finnancial Accountant - Supply Lead, Kenya

Context/Scope

Global Diageo Business Services (GDBS) is a global multi-functional shared service entity that processes DIAGEO-wide transactions across various world regions.

Diageo Enterprise Operations (Nairobi) is a Business Shared Services Centre (BSS) servicing the Diageo Africa markets. Core processes in scope at Diageo Enterprise Operations are: Order to Cash, Source to Pay, Record to Report, Data Management & Financial Controllership

Diageo also has other BSS and BSS partners that support service provision. The Africa BSS Centre (DEO, Nairobi) works closely with Diageo BSS Centre in Bangalore India (DBSI) in the provision of services to the Diageo Africa markets.

Dimensions

Market Complexity

Diageo Enterprise Operations, Nairobi currently provides services to 20 legal business entities in different geographies across Africa

The role covers the EABL (the holding company) subsidiary KBL business where SAP is used as the ERP

Both KBL and UDV are integrated Supply and Demand businesses producing beer, spirits, RTDs and Consumer Soft Drinks.

Leadership Responsibilities

The Supply Financial Controlling Analyst is a role within DEO, Nairobi Financial Controlling Team. Based in Nairobi and requires supportive and challenging business partnering. Success is entirely dependent on managing and maintaining excellent relationship with the market Finance and Supply/ Production Operations teams and the ability to work effectively with remote teams.

Key Stakeholders Include

• FDs and their Finance teams
• Supply Directors and their teams
• External and Internal Auditors
• GDBS and other Global Diageo teams.
• Data maintenance teams

The role will have no direct reports.

Purpose of Role

The role covers the set of activities that entails COGS analysis process. Ensuring that internal controls are established across the sub-process areas is a key element of the role.

Regular financial analysis done to transform data (actual, historical & plans) to a form that helps in understanding of costs and thus supports cost controlling. A key output from the analysis is aggregating the risks & opportunities from the above-mentioned sub process areas, required actions determined and communicated to senior management. Accuracy and completeness of the financial data generated is of key importance to ensure risks are mitigated appropriately and opportunities recognized and pursued.

Top Accountabilities

• To provide management accounting and performance measurement service to the supply business to mitigate against financial loss while providing financial visibility
• Participate in the monthly stock take process to ensure completeness and effectiveness of the stock control process
• Provide financial insights for supply improvement task force (ITF) on savings, losses and controls for packaging, brew-house and warehouse.
• To participate in the annual standard cost rollup in SAP for all the Raw materials, packaging components and finished goods and bulk beer, spirits.
• Review of the key costs components of PMUDO against AOP and LE for the COGS weekly flash and month-end reporting.
• Calling out any risks in the COGS numbers and finding ways of mitigating the same and providing the relevant commentaries for Market BPM
• Participate in the AOP process to drive planning for Raw materials, Distribution and PMUDO Costs.
• Calculating intercompany transfer price for products sold to Intercompany and getting them signed off
• Provide weekly reports to market for Usage, Open process orders and in-depth analysis of the process orders to facilitate proper PO housekeeping.
• Loading of BFC schedules and preparation of brand COGS allocation
• Doing a weekly COGS analysis and identifying the underlying risks and opportunities for inclusion in the flash review meetings
• Performing daily Trial Balance review
• Prepare Supply Cost centre report and engage the respective Cost Centre owners with a view of getting insights on costs and driving cost management
• Prepare and load Journal entries for accruals and corrections of the P&L after TB review
  
  

Qualifications And Experience Required

• Qualified Professional Accountant- CPA(K)/ACCA/ACMA
• Business related Degree.
• At least 3-4 years working experience in a multinational corporate environment, with exposure to some of the following areas:
• Proven track record in the area of Financial Accounting / Reporting, and/or Financial Controlling experience is strongly preferred
• Internal / external audit experience and/or SOX is an advantage
• Experience with Shared services process activities is an advantage
• Capable of working in a deadline driven environment.
• Working in a multi-national finance environment

• Demonstrated ability to successfully engage senior managers as well as other process stakeholders.

Language skills

• Demonstrated English proficiency (read, write and speak)

Functional Capabilities:

• Excellent problem solving and analytical skills

Systems knowledge

• Relevant experience with integrated systems such as SAP is an advantage.
• MS applications (PowerPoint, Excel, Access, Word, etc.)
• BFC knowledge is an advantage

Barriers to Success in Role

• Inadequate analytical and problem-solving skills
• Inadequate communication skills
• Inadequate commercial understanding
• Inability to work as part of a team
• Lack of attention to detail
• Lack of personal motivation /drive
• Inability to work in a deadline driven environment