Assistant Finance Manager GTR

Your Opportunity

A truly unique role offering the opportunity to influence GTR IMEA (India and Middle East & Africa) performance with the chance to help dynamically manage fast-growth P&L & gain front line commercial finance experience.

On the one hand you will be involved in regional strategic planning discussions, resource allocation modelling, regional P&L reporting and management and submission of budget estimates. On the other, you will be getting into the details on IMEA sales performance, working with the commercial teams to identify opportunities & drive delivery, managing costs & tracking KPIs in the IMEA P&L.

About You

You must be Fearless to challenge & influence decision making across GTR, mixing the detail & bigger picture to identify opportunities for growth in line with strategy & to manage P&Ls.

You must demonstrate a Founder’s mentality, balancing brand & commercial priorities to help us achieve the best results with our customers, to help GTR beat our dynamic plan.

Performance Measurement & Planning:

Manage month-end, quarter-end and year-end reporting processes, with the following specific responsibilities:

Help manage GTR India, Middle East performance, supporting P&L delivery & industry beating growth in a rapidly evolving must-win region

• Working closely with the India and Middle East & Africa commercial team to prepare monthly P&L landing 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 Budgeted numbers.
• Compiling full year projected regional and market wise P&Ls based on S&OP volume forecasts received from Demand planning team
• Preparing and distributing various monthly performance management reports to key regional stakeholders.  
• Supporting preparation, upload, and submission of the regional Budgets and in year forecasts, by building the necessary templates, providing guidance to the commercial teams for inputs needed and ensuring accuracy of submissions in Bacardi Financial Reporting Systems (Cognos TM1)
• Working seamlessly with the global GTR Finance team and carrying out any other ad-hoc projects as required

Commercial Decision Support:

Act as business partner to Regional Director, Sales Managers and Customer Marketing Manager with the following specific responsibilities:

• Preparing customer profitability models for new customer acquisition, negotiating better trade terms or opening of a new market location
• Supporting the Commercial team in identifying opportunities to take price increase and drive margin in annual customer negotiations
• Preparing annual commercial plans for review and approval by Regional Director and Finance Manager
• Supporting Regional Finance Manager in quarterly customer credit reviews and evaluations
• Work with teams to ensure all pricing and promotion implemented within guidelines or exceptions are approved with Revenue Growth Management team.
• Ensuring integrity of price list in the system by reviewing the completeness and correctness
• Preparing gross to net and rebate accruals calculations for customers and ensuring accuracy of accrual postings through MJEs during month ends.
• Reviewing adequacy of accrual versus actual monthly invoice bookings and based on the Stock in Hand with customers

Marketing Decision Support:

• Reviewing monthly A&P Budget Planner vs. Annual A&P budget and challenge regional CMM lead and customer planners on optimizing ROI on incremental A&P spends
• Reporting monthly actual A&P spends and highlighting variances as well as discrepancies and ensuring compliance of Bacardi accounting policies
• Conduct M&E and ROI analysis to assess effectiveness of marketing expenditure and to help allocate resource appropriately
• Supporting code set up tasks in Bacardi Financial systems for uploading budgets and recording actual spending.

Structure Cost Decision Support

To support financial and operational planning, budgeting, forecasting and analytics for structure costs

• Monthly reporting and monitoring of structure costs against Budgets and Latest Estimates, challenging markets where overspends occur
• Embed culture of cost control within regional commercial teams
• Ensure cross charges allocated from domestic teams are monitored monthly
• Share variance analysis of Travel & Expenditure actual spends vs Budget and update Forecast on monthly basis

SKILLS - THE SKILLS AND EXPERIENCE NEEDED TO CREATE YOUR LEGACY

• 4-5 years of relevant experience in financial/ strategic analysis gained 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 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 (CA or equivalent). Degree level with strong results.

Leadership Agility

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. 

U.S. applicants have rights under Federal Employment Laws.

Perks of Working for us

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.

Compensation, Paid Time Off & Retirement:

• 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

Health & Wellbeing

• Medical, Critical Illness, and Life Insurance
• Calm Meditation App subscription (free)

• Employee Assistance Programs

• Best-in-class, family-friendly, and inclusive leave policies

Additional Benefits

• 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.