Senior Brand Accounting Analyst at Colgate-Palmolive

If you want to work for a company that lives by their values, then give your career a reason to smile...every single day.

KEY RESPONSIBILITIES :

Brand and Product Profitability

• Monthly analysis of sku margins and highlighting all skus below agreed margin hurdles, and proposing appropriate corrective action.
• Provide accurate financial information and leadership to the marketing team as well as giving advice, mentorship and support on all financial matters.
• Advise Operations management of any potential issues impacting profitability.
• Understand costing process, product cost structures and the relationship to profitability.
• Check product costs for accuracy and ensure PPVs and revaluations are allocated to the right sub-brand.
• Attend to any financial queries/requests from the marketing team.
• Actively help the marketing teams understand financial information and hence be responsible for the P&L for their brands.
• Organize monthly brand P&L meetings
• Completion of the ROI for all promotions and new product developments.

Advertising & Promotions

• Management of the advertising and promotions budget.
• Monthly analysis of A&P actual expenditure against budget by sub-brand by country, and explain any variances.
• Help marketers roll-out new product launches, including the resources needed for a successful launch.
• Coordinate, consolidate and upload into SAP A&P numbers for budgets and forecasts.
• Support the reporting function by detailing A&P for CFN report

Margin Calculations and Ad hoc request

• Perform margin calculations for all new products, and inform management of the margin impact.
• Perform ad hoc financial feasibility studies on new products and advise on profitability.
• Calculate /Validation of ROIs before they are sent to management for approval.
• Perform ad hoc requests accurately and on time.

Month End Activities

• Perform FI and PA reconciliation
• Perform BI validation
• Prepare A&P accrual Journals for goods or services received but not Goods Receipted as at month end.
• Assist in checking SGA numbers by sub-brand before reporting.
• Help with answers to month end queries from New York- SGA, margin, A&P, etc.
• Coordinate and distribute the Category Snapshot Data report.
• Coordinate / prepare the marketing piece for the quarterly FD commentary.

Budget & Planning, and Cost Reduction Activities

• Analyze margins by sku for all budgets and forecasts and analyze to ensure accurate product profitability.
• Coordinate / calculate missing list prices for budgets and forecasts.
• Conduct /arrange training for new marketing members on BI navigation, excel, etc.

Reporting

• Compile P&Ls for month end reporting

REQUIRED QUALIFICATIONS :

• A Bachelor's degree
• Minimum 5 years of experience in a Brand Accounting role in an FMCG environment