Finance Director: Bakeries - Germiston at Tiger Brands

Job Description
THE JOB AT A GLANCE

• To provide leadership to the financial business partnering roles dedicated to Category and Marketing functions, generating financial insights and enabling delivery of the financial Category and Marketing plan, budget and forecast. Prepare in depth and insightful analysis of business results, timeously, including the identification of opportunities and risks together with recommendation for actions to address. Actively handle ad hoc assignments and timely deliver the results. 

Responsibilities
WHAT YOU WILL DO

• Provides Category and Marketing teams with strong financial support through the planning process e.g. situation analysis, strategic plans, QMR reports
• Provides analysis and evaluation of the brand plan, budget & forecast, ensuring the most profitable allocation of resources through financial insights & constructive challenge 
• Ensures that investment choices, aligned to brand strategic priorities, are financially evaluated to provide a long-term perspective of the impact on portfolio profitability
• Challenges and supports the development of the financial assumptions that underpin the brand plan
• Ensures that the budget owners understand and adopt the right methodology
• Ensures that budget targets and guidelines are cascaded to the Category and Marketing functions
• Executes the approval & communication process for planning & budgeting for the Category and Marketing functions
• Ensures adequate and accurate budget cost allocation; approves costs depending on level of authorisation
• Works with Financial Reporting & Consolidation and Brand Directors (or equivalent) to deliver and continuously improve the planning, budgeting & forecasting processes
• Review and provide finance recommendations for all innovation projects
• Lead the finance presentations and portfolio reviews at all innovation meetings
• Promote a robust control & governance environment across the category
• Review and approve A&C expenditure for the categories and ensure that the Category Finance Teams establish appropriate spending and budgetary controls. Review trade spending that falls outside pre-approved limits and maintain strong linkages Finance Customer function
• Present financials to the Category Leadership Team and Category Finance Director as part of the monthly IBP cycle

WHAT YOU WILL BE MEASURED ON

• Internal customer satisfaction based on value added to portfolio performance
• All category finance requirements adequately/timeously addressed. Planning and reporting deadlines met
• Profit forecast/reporting accuracy
• Category control and governance requirements achieved 
• Development and mentorship of portfolio finance team 

Qualifications

WHAT YOU’LL BRING TO THE TABLE
Key attributes and competencies

• In depth understanding of the category segment and retail market
• Outstanding financial and commercial acumen, preferably in FMCG
• Good knowledge in accounting standards
• Thorough understanding of planning and reporting processes
• Excellent interpersonal skills with ability/desire to work in a team-based, customer-focused environment
• Strong leadership skills: ability to effectively influence all levels of management

Experience

• 6+ years' experience in FMCG environment in roles of increasing responsibility
• Strong analytical and conceptual abilities
• Well refined technical finance and strategic skills
• Ability to managing complexity – multiple stakeholders, countries and categories
• (CA) SA or similar qualification