Manager - NAM Supply Finance Controller

Job Title

Manager - NAM Supply Finance Controller

About the Function:

Our Finance team deliver sustainable growth for our business, customers, and much-loved brands. We are a part of a $12.2 billion gross profit organisation, responsible for driving an exceptional level of performance and creating the potential for future growth.

Whether we’re utilising our digital capabilities and analytics to advise our business strategy or creating capacity to invest in the future — no two days are the same in our Finance team. Wherever your skills lie, we’ll help you to learn and develop, supporting you along the way in our inclusive culture.
 

Roles and Responsibilities

Diageo Shared Services (DSS) is a global, multi-functional shared services organization that handles Diageo-wide processes on behalf of various regions and central functions. Within DSS, processes are organized into four operating “Towers”: Financial Controlling, Sell to Cash, Source to Pay and HR Services.

The captive Business Service Centre in Bangalore (DBSI) is one of several DSS locations that works with markets around the world to handle these processes. Other locations include Manila, Budapest and Bogota. DSS is a multi-cultural and matrixed environment.

Financial Controllership Involves Delivering Advice and Insight To The Business and Oversight on all matters relating to Financial Control

This role sits within the Financial Control Tower in DSS in Bangalore.

Dimensions
The Manager – Financial Control is part of the Financial Controlling team, reporting to the Legal Entity Financial Controller. The role works with internal partners including the in-market Finance team, the Group Reporting team, other DSS Financial Control teams and teams in other Towers.

Market Complexity
This role will work with a large, complex and integrated Diageo market including multiple countries and business divisions.

Purpose of the Role
The Manager – Financial Control is a member of the Financial Control team. The role supports the Financial Controller in working with the market to understand business operations and issues and working with the Financial Reporting team to ensure the information in our legal entity financial documents accurately and completely reflects our business operations, incorporates non-routine transactions and events and is consistent with Diageo reporting rules and accounting standards.

Key Responsibilities

• Provide the Financial Control team with technical accounting guidance and act as the technical right hand of the Legal Entity Financial Controller
• Identify insights and actions required out of regular balance sheet and other analytical reviews (e.g. need for accrual releases, provisions, etc) by building a deep understanding of the legal entity accounts (balance sheet, P&L, cash flow) and the business drivers behind those accounts.
• Understand, interpret, and implement Group Accounting and Reporting requirements. Communicate requirements to the rest of the Financial Control team and to relevant teams in the market.
• Perform and document process analysis / accounting assessments on high-risk areas and major projects/transactions, new reporting standard introduction, system integrations and implementations, etc.
• Perform month end close responsibilities including journal entry preparation (e.g. accounting guidance and ensuring proper backup information and data in alignment with PCAOB requirements)
• Prepare and review statutory financial reports and oversee the statutory adjustment and transfer pricing process.
• Support internal and external audit-related requests related to the legal entities for which the role is responsible for
• Validate Balance Sheet GL reconciliations with the Financial Reporting team and support the reconcilers in complex issues.
• The role will ensure that global systems and processes are embedded in FC operations and will both lead and support continuous operational improvement.

Top Accountabilities

• End to end Balance Sheet Review along with presentation the Market FDs
• Leading the Filing Assurance Committee (FAC) Coordination for NAM Supply FC team. This happens twice a year and submitted to Diageo Exec post review and approval from NAM Executive team.
• Identify and address financial risks and opportunities.
• Ad-hoc issue resolution by co-ordinating with market and DSS partners and minimizing risks in the Balance Sheet
• Advise on and prepare presentations on accounting, controlling, and reporting related topics.
• Ensure accuracy, completeness, and timeliness of financial reporting.
• Collaborating with PWC, CARE and CC&E on Audits and Controls Testing / Support NAM auditors and ensure smooth closing of ad-hoc requests during year-end.
• Overall Support to LE Financial controller for NAM Supply entities.

Education / Work Experience

Qualifications and Experience Required:

• Chartered Accountant with 7- 9 years Post qualification experience / CA Inter. / CWA
• 10-12 years of experience in a multinational corporate environment with exposure to financial accounting, reporting, controlling
• Ideal experience working in an in-market company.

Language Skills
Business English proficiency is a must with excellent written and verbal communication skills.

Functional And Other Capabilities

• Excellent business partnering and partner management skills.

• Ability to communicate complex accounting ideas simply to a business audience and identify accounting implications of business issues.
• Superior analytical and problem-solving skills.
• Advanced accounting and reporting knowledge.
• Strong understanding of risk and controls
• Strong organizational skills and ability to work independently and set own agenda.
• Personal ownership for issue resolution
• Curiosity for business issues

Other Mandatory Skills

• Relevant experience with SAP FI/CO modules
• Relevant experience in financial consolidation and/or management reporting system
• Strong and extensive Excel, Power Point skill.
• Excellent presentation skills to senior stakeholders are mandatory.

Flexible Working Statement:

Flexibility is key to our success. Talk to us about what flexibility means to you so that you’re supported to handle your wellbeing and balance your priorities from day one.

 

Diversity statement:

Our purpose is to celebrate life, every day, everywhere. And creating an inclusive culture, where everyone feels valued and that they can belong, is a crucial part of this.

We embrace diversity in the broadest possible sense. This means that you’ll be welcomed and celebrated for who you are just by being you. You’ll be part of and help build and champion an inclusive culture that celebrates people of different gender, ethnicity, ability, age, sexual orientation, social class, educational backgrounds, experiences, mindsets, and more.

Our ambition is to create the best performing, most trusted and respected consumer products companies in the world. Join us and help transform our business as we take our brands to the next level and build new ones as part of shaping the next generation of celebrations for consumers around the world.

Feel inspired? Then this may be the opportunity for you.

If you require a reasonable adjustment, please ensure that you gather this information when you submit your application.