Finance Assistant Manager - SEA
Bacardi-Martini
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Benefits offered by this job
Job summary
Bacardi is seeking a seasoned finance professional to lead month-end, quarter-end, and year-end reporting for SEA markets. You will work closely with the SEA Cluster Finance Lead to produce P&L estimates, regional performance reports, and annual budgets using TM1 templates.
The role requires 10+ years in financial/strategic analysis in consumer goods or retail, strong Excel skills, and the ability to automate reporting and manage projects to deadlines.
Qualifications
- 10+ years of relevant experience in financial/strategic analysis in consumer goods/retail or professional services.
- Advanced Excel skills, ability to build advanced models, explain variances, identify risks and opportunities.
- Ability to automate monthly reporting and build efficient process workflows.
- Ability to manage projects independently to ensure timely delivery and within budget.
- Understanding of internal controls and data integrity for reporting and communications.
- Strong communication, influencing, presentation and collaboration skills.
Responsibilities
- Manage month-end, quarter-end and year-end reporting processes with P&L and regional drivers.
- Prepare monthly P&L latest estimates and regional performance reports by market/brand/customer.
- Compile full year projected regional P&Ls from forecasts provided by market finance teams.
- Prepare and distribute monthly performance reports to regional stakeholders (distributor depletion, shipments, stock).
- Support budgeting and in-year forecasts using Templates in TM1, ensure accuracy of submissions.
- Collaborate with Cluster Finance Lead and handle ad-hoc finance projects.
Skills
Education
Tools
Job description
Manage month-end, quarter-end and year-end reporting processes, with the following specific responsibilities:
- Working closely with the SEA Cluster Finance Lead to prepare monthly P&L latest estimates, built through having a strong understanding of business trends, key drivers and emerging opportunities
- Helping build detailed monthly regional performance reports including market wise, brand-wise and customer wise Net Sales Value, Gross Margin %, Direct Brand Contribution, forecasts, actuals and root causing variances to planned numbers.
- Compiling full year projected regional and market wise P&Ls based on forecasts received from market finance teams.
- Preparing and distributing various monthly performance management reports to key regional stakeholders including distributor wise depletion, shipment and stock level reporting.
- Supporting preparation, upload, and submission of the regional Budgets and in year forecasts, by building the necessary templates, providing guidance and ensuring accuracy of submissions in Bacardi Financial reporting Systems (TM1)
- Working seamlessly with the Cluster Finance Lead and carrying out any other ad-hoc projects as required
COMMERCIAL DECISION SUPPORT:
Act as finance point of contact for relevant Country Managers and Customer Marketing Managers with the following specific responsibilities:
- Preparing customer and brand profitability reports for all SEA market reviews. Gathering commentaries from SEA Commercial Leads and providing summary by market to SEA LT.
- Providing variance analysis (Actuals vs LE and Actuals vs DP) by P&L lines and provide 1st level commentary to Finance Business Partner.
- Ensuring Trade Spends are recorded in line with market LE submissions.
- Managing end to end customer claim process and ensuring correct rebates agreement are used for settling claims.
- Reviewing monthly A&P spends and proactively flagging exceptions to LE landing and highlight emerging risks.
Statutory Reporting and Audit support:
- Managing quarterly recharges process for various SEA entities by compiling all the relevant details and meeting the timelines for posting of period end journal entries.
- Managing Finance Global submissions for individual entity as per agreed deadlines and ensuring all balance sheet items are well supported for entities under scope.
- Engaging with auditors on end to end of audit preparation for entity under the territory. Making sure the audit is completed with no major audit adjustments.
- Support on information requests and resolution on any reporting entity tax related queries from tax consultant for SEA markets. Liase with Bacardi Regional Centre of excellence for Tax related matters.
STRUCTURE COST DECISION SUPPORT
- Prepare monthly Travel & Entertainment expenses tracking by Primos to ensure no overspend and highlight any exceptions for further actions.
- Monthly reporting and monitoring of structure costs against Budgets and Latest Estimates, undertaking root causing on variances and preparing commentaries on both favorable and unfavorable variances.
- Embed culture of cost control within regional commercial teams
- Ensure cross charges allocated to other Bacardi channels are monitored monthly
SKILLS - THE SKILLS AND EXPERIENCE NEEDED TO CREATE YOUR LEGACY
- 10+ years of relevant experience in financial/ strategic analysis gleaned from experience in a consumer goods/ retail environment or professional services.
- Advanced Excel skills, ability to build advanced excel models, explain variances to estimates, identify business risks and opportunities, and make appropriate recommendations
- Ability to think through automating manual monthly reporting and routine tasks and build efficient process workflows
- Ability to manage projects/tasks independently to ensure successful delivery (on time and within budget) while identifying potential issues/risks. Able to prioritize effectively and manage workload against tight deadlines
- Fundamental understanding of internal controls, standards, and processes to ensure accuracy and consistency in data used for decision-making, internal/external reporting and communications
- Strong communication, influencing, presentation & collaboration skills required in order to achieve results across the organisation
- High comfort modelling & understanding large & complex data sets into useful information & insights
- Education: Accounting qualifications preferred (ACCA, ACA, CIMA, CA or equivalent). Degree level with strong results.
At Bacardi we care deeply about finding brilliant talent who can bring the following personal attributes to help elevate our 3Fs: Fearless, Family, Founder culture to the next level.
- Belonging: You have a strong capacity to create a culture of ‘Belonging’, where people feel appreciated for who they are, what they do, and who they can become
- Self-Awareness: You have high levels of self-awareness, are reflective and know yourself well, understanding both your own strengths and weaknesses and your impact on others
- People Agility: You bring a deep ability to understand and relate to people and navigate through tough situations to harness and multiply collective performance
- Results Agility: You demonstrate consistent delivery of results in first-time situations by inspiring teams, exhibiting a presence that builds confidence in yourself and others.
- Mental Agility: You can think critically to penetrate complex problems and expand the possibilities by making fresh connections. You think strategically whilst being execution focused and bring creativity to the challenges you’re presented with
- Change Agility: You have a deep natural curiosity, desire to experiment and ability to effectively deal with the heat of change. You have a growth and learning mindset: ready to test, stumble, learn and apply from experience
Disclaimer: Bacardi seeks talent from all backgrounds to bring diversity of thought, agility and capability to our organization across the globe. We promote a working environment where all employees are treated and rewarded fairly. We do not tolerate any form of discrimination that adversely affects individuals or groups on the basis of national origin, race, color, religion, sex, gender, sexual orientation, marital status, disability, age, and any other legally protected aspect of a person's identity.
At Bacardi, we are committed to providing our Primos (employees) with a comprehensive Total Rewards package of compensation, benefits, incentives, allowances, well-being, and much more to meet the needs of themselves and their families. It goes beyond just Cash! The total rewards program is based on pay for performance, whereby the incentive programs are linked to company and individual performance.
- Competitive Pay Package
- Competitive Holiday/Paid Time Off, plus additional days offered ( i.e., volunteer day, allowing you to give back to the community)
- Retirement/Pension Plan
- Medical, Critical Illness, and Life Insurance
- Employee Assistance Programs
- Best-in-class, family-friendly, and inclusive leave policies
- Flexible work arrangements (depending on role/office/site location)
- Access to E-learning Platforms and Career Development programs
- Travel Discounts ( i.e., hotel and car rental)
- And much more!
The benefits /perks may vary depending on the nature of your employment with Bacardi, your work location, and are subject to change.
Some benefits may be subject to an employee contribution.
Some benefits may be fully or partially subsidized. Incentive plans are linked to the nature of your employment and can vary based on region, market, function or brand.
This means adopting an agile mindset, being comfortable with trying new things and taking risks, without being reckless.
We are all ‘Primos’ (Spanish for cousins) at Bacardi. Being part of the family gives you the support you need to be the best you can be.
Everyone at Bacardi sees this business as their own. We do the right thing for the business and take accountability for our work.
Life Inside Bacardi
Follow our Primos on their journey to success. Where did they start and what’s it like to work for Bacardi? You too can be part of our story.
Bacardi is the world's largest privately-held international spirits company. We are a brand-led growth company with over 200 brands and labels. More than 8,000 people across the globe work toward a common purpose to Make Moments Matter. At Bacardi we are guided by our 3Fs culture of being Fearless, treating each other like Family, and having a Founders mentality. And have plenty of fun along the way!
You will hear us refer to each other as a “Primo” which means cousin in Spanish, and it´s our way to referring to employees. It´s also a reminder that we are a family-owned business with Latin heritage since 1862.
Primos are empowered to embrace diversity of thought and a global mindset to grow the Bacardi business and be future fit.
Leadership at Bacardi listen to Primos through pulse surveys, town halls, action team forums and development training sessions.
We get to enjoy social events, brand days, celebrate in trade with customers and have the opportunity to give back to the community through local initiatives like My Inspirit Day. We stand by doing the right thing and foster a culture of wellness and prioritizing Primo wellbeing through impactful resources and initiatives.
If this sounds like a culture you wish to join, check out our current opportunities.
Our Global headquarters is based in Bermuda. Our Regional headquarters are Amsterdam for Europe & Latin America & the Caribbean; Dubai for Asia, Middle East & Africa and Coral Gables for North America. For Global Marketing, our teams are based in London, UK. In addition, we have offices, distilleries, production sites and brand homes around the world.
Our portfolio boasts more than 200 brands and labels and we sell in more than 160 markets. That global scale offers opportunities across functions and markets. From those who craft and produce our brands to those who market and sell them to everything in between.We also have opportunities across levels of experience from those who are starting their professional career (and are of local legal drinking age) to those who have decades of experience under their belt.
From time to time, we contract talent for specific functions and markets on a paid internship basis. We do not run a recurring global internship and rather allow markets and team to determine local needs and opportunities.
We are there for the moments that matter in our Primos’ careers - the times they need to step outside of their comfort zone and grow. Whether that’s when they step through our doors as a new Primo, take on a new role, want to learn new skills and develop, or take that opportunity of a lifetime abroad to gain experiences across different cultures, functions, and markets.
We have world‑class resources to support you every step of the way. From our Becoming Bacardi onboarding to global mentorship programs, mixology sessions, regular “lunch and learns” and coaching and development programs, there are many ways to expand your skills and opportunities. Learning never ends and that’s why we even continue development at the most senior levels with global programs at Harvard Business School and the University of Miami, among others.
The simple answer is no candidates do not need to drink alcohol to be considered for a role. The Bacardi portfolio of products include alcohol, low alcohol and no alcohol products. Bacardi promotes balanced, moderate drinking as part of a mindful lifestyle. The decision whether or not to drink alcohol is personal …
What we value most is high performing talent …
We do, of course, only hire people who are of legal drinking age in their market.
From time to time, we contract talent for specific functions and markets on a paid internship basis. We do not run a recurring global internship and rather allow markets and team…
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