Financial Services Manager - Business Unit/Stills

The closing date is Feb Thursday 2nd, 2012

The Financial Services Manager (FSM) Business Unit/Stills is responsible for proactively providing financial services to Stills Business in an accurate, timely manner to ensure optimal allocation of Company resources in the planning and implementation of the business strategy.
The FSM Business Unit/Stills acts as a key business partner and subject matter expert/resource for the Franchise General Manager.
The role incumbent must possess the following competencies :
• An appreciation and good understanding of macroeconomics and external factors affecting the business strategies adopted, and markets served.
• Drive, energy and results oriented with a commitment to deliver above expectations.
• Strong commercial and strategic capabilities with confidence to challenge.
• Good interpersonal and communication skills; ability to sell or persuade his/her ideas at all levels of the organization.
• Demonstrate ability to work under pressure, prioritize work, meets tight deadlines and work without supervision.
• Be a hands-on, practically oriented Manager willing to work in a lean accounting structure using modern MIS systems.
• Demonstrate analytical thinking with strong orientation to financial analysis.

KEY DUTIES/RESPONSIBILITIES:

• Rolling Estimate (RE) - Providing accurate financial and management information and reviewing budgets with all business units to budget-holders and to give assistance and advice where needed in the interpretation of that information and planning. Coordinate the RE process for the Stills Function, ensuring that the monthly RE is accurately compiled and submitted in accordance with the timetable and use the RE process to manage and communicate financial risk and opportunities to the Stills and Franchise Manager and Finance Director.
• Business Planning (BP) and Strategy Development - Developing accurate plans, models and projections for the company’s operations. Formulating company strategy, preparing annual budgets and revisions, cash flow forecasts, analyzing business performance versus forecast. Measuring financial impact of current and future business decisions through effective modeling. Coordinate the annual Business Planning process for the function by providing timely, relevant and accurate business analysis on key business levers to assist the Stills and Franchise team in developing marketing and operating plans to achieve volume and profit objectives. Align this process and the numbers with the Business Unit
• Franchise/Stills and Commercial Support (all
• Providing business decision support and financial leadership
- Monitor concentrate shipments and inventory levels at the bottler(s) and report the same accurately and timely
- Monitor receivables from the bottler(s) and adherence to credit terms
- Support pricing decisions and provide financial analysis/reconciliations as required
- Monitor the financial status /health of the bottler (s) and provide to the operational management to facilitate decision making
- Prepare and interpret value chain data for all brands and packs for each franchise, including proposed extensions and introductions, manage the portfolio and assist operational management in decision-making
- Support system economics analysis Developing frameworks for sharing value between the Coca Cola company and bottlers and establishing standardized formats, classifications and benchmarks for on-going analysis of bottler financials i.e. Balance Sheet, Profit statement and cash flow using the ROI, Value Chain Model and Marketing Productivity models.
• Budget Control - Monitor and oversee financial management of the marketing, operating expense and capital budgets for the MAU (s) in accordance with the Chart of Authority. Review and resolve marketing claims, review opex and capital budgets and their status with operational management, issue RFAs as required and ensure compliance with treasury issues.
• Special Projects - Supports special projects to expand the Stills portfolio, geographically and for the different Stills categories.
ORGANIZATION IMPACT/ INFLUENCE:
• Interaction with:
External:
Bottler Groups (Finance function): regular exchange of information – sometimes intense negotiations
Internal
Commercial Finance Manager; for collaboration, work allocation and constant interaction providing financial information, solving problems etc
Other Franchise Functional and Marketing Managers: regular exchange of information, guidance on financial matters Commercial Finance Manager (or FD) : for, guidance and constant exchange of information
SUPERVISORY RESPONSIBILITIES:
Direct Reports : Business Analyst Stills
RELATED JOB REQUIREMENTS/ QUALIFICATIONS:
Technical Skills:
Internal Controls
Accounting (Local & US GAAP)
Forecasting
Bottler Economics (Advanced)
Tax & Treasury
Value Chains (incl. non –CSDs)
Competitor Analysis
Competencies
Drives Innovative Business Improvements
►Encourages others to develop and implement unique, breakthrough ideas
►Identifies and provides clarity around initiatives that deliver differentiated value to the company
►Uses input from internal and external sources to promote leading edge solutions
►Educates others on the importance of anticipating customer needs and measuring outcomes
►Challenges team members to use rational, logical arguments to shift the positions of others
►Encourages teams to look to multiple sources to identify and reinforce leading practices
►Tests multiple scenarios against strategies to ensure maximum results
Balances Immediate and Long-Term Priorities
►Sets priorities that are focused on delivering clear, focused decisions and direction to the organization
►Translates complex strategic issues into clear action plans for the team
►Prepares the organization to focus on the delivery of short- and long-term results
►Leverages knowledge and subject-matter expertise to influence System-wide decisions
►Gathers and applies insights from across the System to create alignment around critical objectives
►Makes connections between the Manifesto for Growth and decision-making in his/her unit
►Takes a company-wide approach to making decisions that may increase long-term profitability
Delivers Results
►Defines performance objectives for self and team that ensure exceptional results
►Helps others to understand the linkage between team contributions and System-wide success
►Addresses risks and obstacles by working closely with the team to devise plans to overcome them
►Drives the team to build competitive advantage through the integration of our vision into current work
►Defines accountability such that everyone is responsible for contributing to successful outcomes
►Works with the team to ensure efforts are focused on value-added solutions that lead to quality results
►Helps others to embrace the idea of setting stretch goals to improve business results
Imports and Exports Good Ideas
►Builds strong internal networks for collaboration and knowledge transfer with other parts of the company
►Encourages others to identify and adopt leading-edge ideas that result in increased success
►Uses data from multiple constituents to devise plans for competing in the marketplace
►Encourages others to build internal and external relationships that result in leveraged solutions
►Coaches others on the importance of change as a mechanism for executing our business goals
►Helps others to identify industry data that will contribute to System-wide success
►Ensures the team understands the importance of building profitable, long-term relationships
Develops and Inspires Others
►Anticipates talent needs and helps to recruit, develop, retain and reward team members
►Uses talent assessment skills as a mechanism for anticipating and addressing team needs
►Provides on-going, timely feedback to others, and takes the opportunity to ask for it as well
►Communicates effectively and with impact to motivate others to realize their potential
►Establishes and maintains an environment in which everyone can participate, share and feel included
►Leverages individual differences to motivate others and create organizational impact
►Sets clear, business oriented objectives for self and others on the team
Lives the Values
►Demonstrates personal commitment and holds others accountable to our Values
►Encourages open, candid, trusting relationships and motivates others to embrace change
►Lends excitement and support to the work we’re doing on the Manifesto for Growth
►Ensures company interests are always placed ahead of team and personal agendas
►Demonstrates and encourages promoting and protecting our image internally and externally
►Actively helps employees through changes and transitions in our culture
►Inspires teams to embrace our culture and strive for personal excellence
Required Experience
5-7 years’ experience (preferably international and manufacturing) in financial planning/budgeting/accounting ideally gained within a multinational FMCG company
EDUCATIONAL REQUIREMENTS:
Graduate with CPA or equivalent
CULTURAL DIVERSITY:
Responsibility and Interaction with:
Multiple ethnic and cultural exposure both internally and externally. Fluency in English essential.
ANALYSIS:
• Constant process improvement for providing increasingly more sophisticated financial and management information
• Bottlers issues: full spectrum – some big sophisticated Bottler to small – individually owned
• Financial impact/evaluation for complex business planning and strategies
JUDGEMENT AND DECISION MAKING:
• Accountable for all decisions relating to the financial input to Franchise Management to ensure optimal allocation of resources which impacts at the Franchise level
• Decisions typically relate to recommendations to the Franchise General Manager in areas such as Code of Business Conduct and Business planning and Financial Reporting that have a high impact/risk attached with them
TRAVEL REQUIREMENTS:
• Significant travel required: approximately 25% of time mainly requiring overnight stays
Financial Services Manager - Business Unit/Stills