Country Head of Finance

The Key Purpose of this role is to continuously drive Country costs to an optimal level through coordinating in a challenging fashion (“open and close the gap”)all financial and performance activities and at the same time being the control custodian of the Country.

Key Roles and Responsibilities:

Monthly Actuals (reporting/analysis/review):

• Coordinate the actuals reporting process together with ZHQ finance team, BBP and NoCC
• Do control checks, review and adjust actuals if needed in alignment with control
• Accurately report financial performance on a monthly basis (Full P&L)
• Provide actuals review and analysis during monthly deep dive meetings
• Deep dive in all new variance drivers, find root cause and work with the districts on identifying adequate gap closing action plans
• Head up Country month results review with Financial Director, Country Director and Country Logistics Manager
• Managing capex budget and spend
• Work effectively with HQ Finance departments, including Finance NOCC, ZBB and Logistics to deliver enhanced value for the organisation.

Monthly Full Year Forecast outlook (LE):

• Prepare Full Year Forecast outlook (LE) for the Country P&L for financial performance
• Identify opportunities to continuously improve EBITDA results
• Identify risks, respective route causes and identify gap closing action plans
• Consolidate and report LE ZHQ and NOCC team
• Prepare monthly Deep Dive and review decks, respecting ZHQ guidelines, templates and timelines
• Work closely with NOCC/BBP/HQ to ensure LE submissions accurate, complete
• Continuously challenge LE’s to drive value

Annual Plan:

• Define and lead the process for Country
• Set and communicate annual plan calendar, milestones and targets to Country
• Monitor annual plan calendar implementation
• Define departmental targets to deliver on 1YP and bottom up for different P&L lines
• Provide the facts and figures for all relevant budget calculations
• Ensure all initiatives are properly embedded in the budget, while avoiding double counting
• Prepare management review presentations Country, respecting ZHQ guidelines, templates and timelines
• Ensure final budget is properly uploaded in all relevant tools (Cognos, SCFD, ZBB, TM1, SAP)
• Support Country with STI target setting and tracking

Corporate governance:

• Sign off and review of monthly stock packs
• Attend 1 Quarterly stock count
• Support Fixed Asset Management
• Support NOCC/Internal Control team with annual CSA audits
• Lead action plan to close the gaps identified in Audits
• Lead monthly Country Audit Committee meeting
• Managing corporate governance and identifying risks, ensuring plans are in place to mitigate these risks and ensuring closure of all audit/risk/IFC findings ​

Balance Sheet Management:

• Review Balance sheet on monthly basis
• Ensure completeness and accuracy of reporting of Income Statement via Balance Sheet
• Support Accounts Payable Team with Balance sheet management

Ad-hoc:

• Work with Nocc team on streamlining reporting and monthly business cycle
• Work with Country Logistics team on streamlining reporting and monthly business cycle
• Support cash conversion initiatives
• Manage and coordinate internal and external audits
• Manage corporate tax planning and compliance

Key Competencies and Attributes:

• Solid knowledge of accounting and control activities
• Good knowledge of audit, tax and treasury activities
• Excellent technical financial and accounting skills.
• Ability to analyse and interpret financial information.
• Expertise in Project Management

Minimum Requirements: •

• BCom Hons. or CA(SA) or CIMA or MBA Experience
• Minimum of 3 years experience in financial management or similar management experience in FMCG or Beverage industry
• Experience on supporting senior managers on decision making