Finance Business Partner

Job Purpose

The role of the Finance Business Partner is to be a strong in-market Finance and Business partner in a commercially driven affiliate to maximize Pernod Ricard revenue generation and optimize resource allocation (marketing and trade-marketing investments, SG&A), while providing PR Africa Head Office and support functions a deep understanding of the market forces and business performance and supporting the strategic decision-making process. Along with the local Operations Business Partner and Accountant, the Finance Business Partner is the key local support to ensure the affiliate’s compliance with local regulations and Group requirements.

Key Responsibilities

1. BUSINESS PARTNERING

Revenue Generation

Value Chains

* Understand and monitor the key elements impacting value creation, margin split and profit sharing in the market.
* Build and update value-chain analyses by product, distribution channel and customer where relevant.

Pricing and Trade Terms Optimization

* Monitor Pernod Ricard and competitors’ shelf price and make recommendation on price increases and price adjustments.
* Propose and formalize new price lists in close collaboration with the affiliate’s Country Manager and PR Africa RGM team.
* Propose prices for new products introduction based on formalized value chains.

Trade Terms Optimization

* Review and challenge existing customer distribution agreements and trade terms.
* Co-build optimized annual trade terms and incentives with local commercial team and PR Africa RGM team.
* Support best practice sharing and trade terms alignment between Africa customers/markets.
* Ensure monthly compliance of customers with signed trade terms.

Promotion Effectiveness

* Assess efficiency of in-trade promotions through local adaptation of pre- and post-evaluation tools in collaboration with PR Africa RGM team.
* Assist commercial teams in decision-making.

Resource Allocation

A&P Investments

* Support commercial and trade marketing team in building rolling A&P forecast by brand/project.
* Monitor A&P expenses vs latest forecast (by brand/project).

SG&A

* Build non-P&B SG&A annual budget and estimates in collaboration with PR Africa Head Office.
* Ensure proper utilization of non-P&B SG&A budgeted expenses.

Stakeholder Relations

* Give internal stakeholders accurate financial information when required.
* Provide 'real time' support and advice to the business, adding value to the decision-making process.
* Analyse information received from internal stakeholders for accuracy and reasonableness, challenge inputs where appropriate and present findings to relevant stakeholders concisely.
* Develop appropriate tools to enable the business to better manage and understand financial performance of their brands, functions and/or customers.
* Work with business partners to identify risks and opportunities, escalating these to the appropriate levels when required.

1. COMPLIANCE

Compliance with Local Regulation

Tax

* Ensure timely submission of tax returns prepared by local tax advisor to local authorities.
* Closely work with PR Africa Head Office and local tax advisor to answer any local tax query.
* Handle tax audits and litigation, liaising with PR Africa Head Office, tax advisors and tax authorities.

Other Legal Requirements

* Perform legal watch and inform local teams and PR Africa Head Office about any change in local regulations.

External Audit Process

* Support the external audit process by providing relevant, accurate and timely responses to audit queries.

Compliance with Group Requirements

Internal Control

* Support PR Africa Internal Control & Transformation team in the local roll-out of internal control policies and processes.

Job Requirements:

Minimum Educational Requirements and Work Experience:

* Qualified or currently enrolled in Accounting Post Graduate Certification.
* Minimum 5 years in financial reporting, report writing and analytical experience, financial audit or financial advisory (Transactions and Corporate Finance)
* Experience in FMCG environment is preferred
* Preference will be given to applicants who have worked in a multi-national environment
* Knowledge and experience of database management & BI (Business Intelligence) applications/tools.
* Advanced Excel and PowerPoint skills

Functional and Technical Competencies:

Reporting & Analytical Skills, attention to details, problem-solving skills, forecast and budget building, strong commercial/operational acumen, good user of BI tools, initiate pro-active business changes and improvements, present and communicate information effectively to different audiences, advanced excel competencies (processing of significant amounts of data in the most optimized/user friendly report), tech-savvy.

Behavioural Competencies:

Strong interpersonal skills, effective decision-making, strong planning and organisation skills, teamwork, communication, change management, initiative, self-motivated, strong work ethic, promotes Innovation and best practices related to systems & processes.

Leadership Competencies:

Strategic Vision, Entrepreneurship, Result Orientation