Commercial Finance Manager, Traditional Trade at Mondelez International

You will be manager in a team responsible for the overall financial integrity and performance of a country, category, Supply Chain or FP&A. You will support the Senior Manager or Director in data collection to prepare business proposals, verify assumptions, check daily execution and support delivery of overall objectives and ensure the integrity and timeliness of reporting. You may also have a direct report or manage third party providers resources.

How you will contribute

You will:

• Manage and execute aspects of finance planning and performance management process and related financial decisions potentially including Strategic Plan and Annual Contract planning/forecasting, target development, financial performance reporting/analysis, financial modeling and decision support for a focused scope within a region, business unit, country, Supply Chain, Mondelēz International Business Services or Corporate Finance team. You will own data collection and verify data integrity
• Ensure a strong controls and compliance environment in your area of scope and ensure full compliance with our policies
• Help the senior manager and the business prepare critical financial data and insight that enable perspectives for business strategies and decisions
• Lead projects to improve efficiencies and improvements to ways of working and embrace a mindset of continuous improvement
• Contribute to a high-performing Finance team. You will also invest in personal development and the development of Finance peers and drive our Finance talent agenda within the organization, with a focus on local FP&A pipeline
• What you will bring

A desire to drive your future and accelerate your career. You will bring experience and knowledge in:

• TECHNICAL EXPERTISE in financial planning and performance management including data collection and structuring, analyzing, planning and reporting company financial performance across all financial KPIs and investment decisions and cost management to achieve financial targets
• BUSINESS ACUMEN and understanding of our business, consumer packaged goods industry, and local snacking market dynamics. Relevant experience in a regional/local business
• LEADERSHIP SKILLS including experience with business partnering and communication skills across a large regional or local public company
• GROWTH/DIGITAL MINDSET and the ability to identify/execute opportunities and leverage technology to improve operational efficiency and effectiveness
• INTEGRITY and sound judgement in all decisions and interactions aligned with our values and policies and external regulations

More about this role

Purpose 

• The Commercial Finance Manager will work with their team to ensure the maintenance of finance transactions, data, systems and reporting for the South African Traditional Trade Channel. This will include financial performance reporting, analysis and maintenance of strong controls and compliance in your area of scope to ensure full adherence to our policies. You will also contribute to a high-performing Finance team, invest in personal development and the development of your Finance peers and direct reports. 
• Key Responsibilities

Financial Analysis 

• Monitor, control, and report on commercial spend vs Prior Year/Rolling Forecasts. Implement mechanisms and tools to facilitate this.
• Month end closing - volume & net sales.
• Daily monitoring of sales, sales rates, promo spend and reporting to various stakeholders.
• Monitoring of customer and product mix.
• Support the sales team by challenging the commercial strategy based on financial analysis.
• Provide financial analysis and decision support to the sales team and counsel them on financial matters that impact short term results and strategic decisions.
• Prepare in-depth and insightful analysis of business results, including the identification of opportunities and risks together with recommendations for actions to address these. Submit commentaries and analytics for monthly internal business reviews within BU and with Country/Area sales teams.

Financial Planning and Management 

• Understand all micro-processes related to sales, within SAP and BI.
• Control of Gross sales, trade spend and Net sales in G/L.
• Maintenance of customer and contractual terms.
• Manage and maintain the company financials to ensure that targets are achieved, and exceptions are highlighted.
• Monthly reporting of Vol and Net Sales by Brand, trend analysis and by brand by month rolling forecasts
• Working with the Commercial Finance Analyst, Traditional Trade and Order to cash teams: Control Rebate and discretionary spend.
• Approval of Rebate and ad-hoc payments in conjunction with Commercial teams.

Team Management and Leadership: 

• Responsible for the supervision and motivation of the Commercial Finance Analyst, Traditional Trade.
• Ensuring smooth team operations and effective collaboration.
• Ability to set clear team goals and motivate team members to achieve these.
• Monitor team performance, recognize, and reward high performance.
• Provide guidance, coaching and support to encourage career development.

Internal Controls: 

• Ensure a strong controls and compliance environment in your area of scope.
• Maintain full compliance with MDLZ policies and procedures.

Qualification and Experience 

• University degree in Finance, Accounting or Economics
• Working towards CIMA or CA preferable
• 5-7 Years in a similar role within FMCG or Manufacturing Environment
• Should ideally have worked for a multinational company
• Proficient Excel skills
• SAP experience advantageous
• Must be able to process large quantities of data in short spaces of time
• Strong business and interpersonal savvy
• Process Management
• Customer Focused and consumer-centric

Key Stakeholders: 

• Key Account Managers (Traditional Trade)
• Customer Planning and Activation Teams
• Accounting and External Reporting 
• Category Finance
• Financial Planning & Analysis

Safety, Security, Environment & Compliance
In addition to the key accountabilities, all employees of Mondelez International are responsible for supporting and actively participating in the sites Safety, Security and Environment Management systems and programs to drive a safe working culture that complies with regulatory and Mondelez International’s standards and delivers zero accidents.

Compliance
Know the legal and compliance responsibilities of the position; lead ethically and model compliant behaviour; maintain an environment where employees are encouraged to speak up without fear of retaliation; ensure employees in area of responsibility understand the compliance responsibilities of their jobs and actively participate in the compliance program.