Job description:
The below is to summarise the overall purpose of the role.
Anheuser-Busch InBev SA/NV (abbreviated as AB InBev) is a multinational beverage and brewing holdings Company based in Leuven, Belgium. Additional main offices are located in São Paulo, New York City, London, St. Louis, Mexico City, Johannesburg and others. It was the world's largest brewer even before the acquisition of SABMiller and is considered one of the largest fast-moving consumer goods (FMCG) companies in the world. AB InBev has approximately 400 beer brands as of January 2017.
ABI has recently established a Global Capability Centre (GCC) in Bangalore. The team delivers Finance and People (HR) operations for most of ABIs Zones (Europe, North America, Latin America South, APAC South and Africa). Finance covers the following key areas:
- Accounts to Report: Accounting function, Treasury and Tax
- Budget and Business Planning: Sales and Supply performance reporting and insights, budget planning and tracking
- Order to Cash: invoicing and collecting cash from our customers
- Procure to Pay: buying and paying our suppliers of goods and services
- Master Data Management: managing correctness and completeness of our customer, supplier and product master data
- Customer Service Management: front office function interacting with our employees, suppliers and customers regarding finance operations
- People Business Services: supporting our people functions in the zones through target setting and tracking, performance review process, recruitment and master data
The Dream of the GCC is to be a best in class Finance and HR Operation, delivering unprecedented bottom-line results to ABI. Implementing advanced analytics, AI and ML into these Finance and People processes will be fundamental to achieving this dream.
We are looking for people better than ourselves. Ambitious people with a true ownership style, persevering, collaborative, humble and eager to learn. People with an impressive track record in their young or senior careers.
Number 1 isn’t a position. It’s a mindset. We are AB InBev. A company of owners that believe in achieving excellence in all that we do. We embrace and lead change. We’re focused and we work hard. And although we’re spurred on by our desire for success, we’re equally driven by the people around us – inspired and motivated by the great minds we work with.
Are you ready to join our team? #MakeItYours
The primary purpose of this position is to ensure:
Primary responsibility is to work in a specialist area of the Financial Services area with a focus on processing Record to Report transactions. It is an important support to the operations side of the business.
The position requires liaising between the GCC team and BU Directors in managing the day-to-day activities, which involves Month End Reporting, Financial Reporting, Budget & Forecasting analysis, Reconciliations, Journals and other Ad-hoc Requests. Collaborate with the team to give right feedback and challenge them with the targets enabling them to grow with Organization. This position requires prior experience managing strategic/cross-organizational projects, which would bring efficiency to GCC. Responsible for coordinating and overseeing the operations of the team on a daily basis according to Service Level Agreements (SLA). Above this, participates actively in standardization and improvement of projects, people development and recruitment
- Manage 2 Team Leads and overall span of 20-25 employees across different levels, processes
- To take existing level of business services to next level
- Drive value to business like EBITDA contribution and / or working capital savings
- Influence team to think driving “business value” to business rather SLAs
- Have low attrition rate
- Think transformation of E2E process rather small automation
- Become key member in building world best in class Captive
- Think out of box to bring analytics, new technology in process
- Problem solving skills and decision making techniques
- Extensive knowledge of and understanding of financial processes and financial systems required, including consolidation and financial statements, cost accounting, and general accounting
- Superior understanding of accounting/finance processes/procedures required. Understanding of system interfaces and impacts of processes across groups/systems.
- Proven organizational and leadership skills. Demonstrated ability to prioritize work, delegate responsibilities and manage process activities
Added advantages who have who have proven results in:
- EBITDA Improvement
- Efficiencies
- Transformation / Automation
- Driving big change and deliver big results
- Dreaming big, executed big project
- KEY TASKS AND ACCOUNTABILITIES
Please list, in bullet format, the key actions and accountabilities of the role on both a transactional/operational and strategic level (if applicable). Include the day-to-day as well as longer-term goals and indicators. Taken collectively, the ‘key tasks and accountabilities’ are what a successful post-holder would do and achieve whilst in the role.
Here is the list of key tasks and responsibilities for this role:
- Ensure true and fair reporting of key complex sensitive reports like Daily Sales, MACO, Brand Profitability, EBITDA, MACO etc
- Ensure smooth tracking and monitoring of Reports and reporting to Board, Chiefs, VPs, Directors, RMs and KPI Owners
- Support leadership with business planning tasks such as budgeting and forecasting
- Innovate and deliver additional value to Financial Services leadership through efficient, quality service and continuous improvement
- Team and work management
- Collaborates with client on a daily basis to ensure delivery of services
- Ensures service measures are in accordance with the Service Level Agreement (SLA)
- Reviewing and prioritizing the requests placed by the clients
- Track team metrics in a detailed and timely manner; proactively monitor Service Measures and escalate any potential service issues
- Responsible for team members Recognition & performance
- Practice Operational Excellence in day to day operations within own team
- Should work towards standardizing of the process and add value to the existing role
- Ability to be highly flexible and react swiftly to changing priorities and urgent situations
- Reviewing and prioritizing the requests placed by the clients
- Provide input into process improvement opportunities and may oversee defining standards for new processes and reusable processes
- Juggle multiple requests, prioritize according to business stakeholder needs and requirements
- Month End/Quarter End/Year End close coordination
- Analyze account, variance or data details for address inquiries; for example - judging the reasonableness and accuracy of financial data
- Ownership of data accuracy, timely analysis and associated reports.
- Maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk
Projects
Drive projects to bring transformation and analytics in current business
3. BUSINESS ENVIRONMENT
Please describe how the role fits into, and interacts with, the wider business. Include a summary of the activities of the wider department/business function in which this role is based. Please also use this section to highlight the key strategic interactions (in terms of scope, key business relationships leveraged, etc) if this is applicable.
Main characteristics: (Challenges)
- Work in a quick changing environment
- Constantly balancing the search for new improved ways of working together with the sustained implementation of agreed ways of working.
- Ensure full flexibility within the team to meet existing and future business needs
- Follow the target setting and performance management processes adopted by AB Inbev.
- Implement and maintain a high level of working capital management within the Zone;
- Encourage and assist the countries in the Zone in standardization and improvement of processes and adoption of best practices across the Group.
- Identify and implement automation across Brewery & VOP activities.
Key dimensions:
- Financial department targets
Key contacts: (internal – external)
- Plant Controllers
- BSC Director and Process Managers
- Procurement
- Master Data
4. QUALIFICATIONS, EXPERIENCE, SKILLS
Education and Experience:
- University degree in Finance and related field required
- Should possess through knowledge on FMCG business structure
- Managerial Experience in prior role
- 12+ years’ experience in Finance area or related fields (budgeting methods e.g., financial reporting, general accounting and consolidation practices)
- Preferably handled projects in the areas of Costing, Budgeting & Forecasting reporting, operations
- Good understanding of MIS, dashboards and scorecards for leadership review
- Working in a process-oriented organization
5. COMPETENCIES
Please list the technical competencies for optimal performance.
Functional Competencies:
- Work in a multi-cultural environment
- High level of service mind-set
- High sense for accuracy
- Strong organization skills; adheres to deadlines; Good business sense
- Highly results focused and with a strong attention to detail
- Highly structured and systematic approach to delivering business solutions
- Ability to communicate effectively both orally and in writing
- Excellent team player and able to build productive working relationships across functional areas, with colleagues and peers.Capable of being entrusted with “confidential” information. Ability to cultivate an environment focused on customer satisfaction.
- Demonstrates negotiation skills
- Good analytical and problem solving skills
- Able to work on own initiative and prioritize workload effectively
- Ability to troubleshoot problems for others.
- Ability to coordinate e.g. the development of report documentation.
- Accounting skills
- Understanding of financial concepts and transactions
- Basic business sense & Flexibility
Technical competencies:
- Very strong computer skills (MS Office: Advanced Excel, Powerpoint, Word etc.)
- Excellent in creating and maintaining Excel models and power point presentations
- Thorough understanding of financial accounting & reporting techniques
- Preferably good with tools like Qlik, SAP BI, Cognos, Thinkcell, Anaplan
Managerial competencies:
-
- Excellent team lead – Team Size 25
- Good project management skills
- Good interrelationship skills
Language requirements:
Fluent English in speaking, reading and writing
6. BEHAVIORAL COMPETENCIES
With reference to the AB InBev Global Competencies, please identify and list the key behaviors and working style preferences, which will enable optimal job performance.
The core AB InBev Global Competencies are as follows – please note that your list of behavioral competencies is not limited to these, but due consideration should be given to them. You may add additional behavioral competencies where relevant.
Behavioural Competencies:
- Builds trust
- Honest and fair
- Interpersonal skills
- Positive attitude
- Productive, Planned and organized
- Takes responsibility and makes effective decisions
- Problem solving
Interpersonal Expertise:
- Resolves conflicts constructively
- Respect for others
- Supports diversity and understand others’ perspectives
- Communicates effectively
