BU SA Cashflow Manager at The South African Breweries (SAB)

Key roles and responsibilities:

Owner of the Cash Flow monthly Business Cycle for the BU:

• Perform overall review of Cash Flow at month-end to understand performance variances (positive and negative) across all lines of the statement vs different versions of budget.
• Build Latest Estimate (LE) process for the BU monthly for submission to Global. Collate risks and determine if any opportunity to save  are bankable.
• Understand reasons for savings and have the capacity to explain them clearly to senior leadership. Prepare month cash flow deck for presentation to VP Finance.

Owner of Cash Flow yearly Business cycle for the BU. Develop 1YP and budget base assumptions:

• Combine actual performance and benchmarks with planned initiatives to build base assumptions.
• Develop and continuously improve model at a comprehensive level of detail.
• Link business KPIs expected evolution to financial targets.
• Track major project initiatives and report impacts to 1YP.

Responsible for Core Working Capital - Cash Flow Management, in alignment with:

• Procurement & Leads from the other functions for DPO.
• Accounts Receivables & Revenue Management Leads for DSO.
• Logistics & Inventories Leads for DIO.
• Lead Cash Flow deliverables with different stakeholders such as BU Functional Owners and Procurement Teams at the BU Level.
• Drive the execution of Cash Flow in the BU i.e. policies localization and revision, initiatives tracking, tracking monitoring responsibilities, etc
• Responsible for the overall delivery of BU Cash flow initiatives with Finance Director, Package Owners and Entity Owners.
• Identify Best Practice and share in-BU.

Minimum Requirements:

• Degree in Business Administration, Engineering, Economics or a bachelor's degree and equivalent experience. CA, CIMA or MBA strongly preferred.
• 3-4 years' experience in business environment; + years' experience managing people
• Business processes knowledge including strategy and finance strongly preferred. Proficient in understanding accounting and financial statements
• Excellent knowledge of Microsoft Excel. Syspro, Cognos Report net, SAP and Capital IQ experience a plus.
• Fluent in English.