Brown-Forman Financial Analyst - Southern Europe in Prague, Czech Republic
Assist the Finance Manager – Southern Europe in providing financial management support and analytical insights to the business management teams of Southern Europe. Support achievement of profit growth targets by providing analytical support and business reporting in the areas of volume, pricing, profitability, cost management, investment effectiveness, etc.
Responsible for reporting, budgeting and planning functions and performing financial analysis for the Southern Europe area, which includes analyzing and communicating financial activities for individual markets as well as the consolidated area. Act as the main financial interface of the area with leadership team of SE, external distributor partners, EU financial teams, accounting (internal B-F and external providers), supply chain, consultants, etc.
Southern Europe consists of 17 local economy third party distribution markets (Albania, Andorra, Bosnia-Herzegovina, Bulgaria, Croatia, Cyprus, Gibraltar, Greece, Italy, Kosovo, Macedonia, Malta, Montenegro, Portugal, Romania, Serbia, Slovenia) and 2 duty free markets (Cyprus, Italy) which represents volumes close to 750K 9L cases, Gross Sales of over $65MM and Brand Profit almost $40MM.
Financial Planning & Analysis for Southern Europe, 25%
Together with the finance manager and the area commercial leadership teams, build and load annual budget and subsequent projections into B-F planning systems. This includes thoroughly understanding B-F planning processes and systems and ensuring data is submitted timely and accurately.
Responsible for identifying and explaining key drivers for variances vs. last year and vs. budget/projections, including monthly assessment of risks and upsides vs. the latest projection.
Support the development of long-term strategic plans and multi-year investment case proposals.
Independently work with Europe Financial Planning and Accounting teams as needed to resolve issues.
Support the preparation of presentations, analyses and documents, including White Papers, relating to the budgets, projections and long term plans.
Commercial Support and Analytical Insights for Southern Europe, 20%
Maintain knowledge of external industry trends, utilizing data sources such IWSR.
Through hindsight analytics and forward looking scenario analysis, support decision making in areas such as volume, pricing, margin control, investment efficiency and new SKU introductions.
Maintain and analyze price structures/value chain for each market, ensuring the structures properly reflect the current market conditions (transfer prices, margins, shelf pricing, taxes, etc.).
Financial Management & Controllership for Southern Europe, 35%
Participate in and lead financial aspects of monthly business reviews with SE leadership team.
Track, analyze and report on discounting and brand expense to ensure that internal and external stakeholders are informed and remain within budgets/projections.
Meet regularly with the teams to review performance vs. budgets/projections and to understand outstanding spend commitments.
Work with internal and external accounting teams to ensure our financial results are accurately reported (proper expense classification within the P&L line items, properly supported accruals, monitoring of receivables, etc.).
Act as key financial contact for distributor partners within assigned geographies, taking part in business reviews, planning meetings, trade visits, etc..
Perform annual margin and distributor performance bonus reconciliations.
Reporting and analysis for Southern and Eastern Europe, 15%
Provide monthly management reporting and review for the assigned geographies.
Work on improvement of reporting processes, data maintenance and insight collection
Keep key stakeholders up to date with reporting tools and collect feedback for further development
Ad hoc projects, 5%
- Provide ad hoc support for Southern European teams on special projects, such as RTC reviews, systems implementations, market deep dives and strategic plan developments, etc.
Financial Management 35%
Budgets, Projection and Long-Term Planning Processes, 30%
Commercial Support and Analytical Insights, 20%
Discount and Brand Spend control, 10%
Ad hoc projects, 5%
Bachelor’s Degree in Finance, Accounting, Economics or related field.
3 or more years of experience in Finance
Demonstrated ability to make decisions independently based on logical assumptions and factual information.
Advanced PC skills, including Excel and Power Point.
Demonstrated ability to handle multiple projects to completion by agreed deadlines.
Familiar working with foreign currencies, exchange rates, and conversion factors.
Fluent business English, both speaking and writing.
Experience in the beverage alcohol industry (or other FMCG).
Experience with SAP and BW (or similar software).
Experience of managing major projects to completion.
Ability to think conceptually and strategically.
Superior analytical and mathematical skills with ability to make sound business decisions.
Strong teamwork and interpersonal skills.
Sound judgment skills.
Strong oral and written communications skills.
Great customer focus.
For more than 145 years, Brown-Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands, including Jack Daniel’s Tennessee Whiskey, Jack Daniel’s & Cola, Jack Daniel’s Tennessee Honey, Jack Daniel’s Tennessee Fire, Gentleman Jack, Jack Daniel’s Single Barrel, Finlandia, Korbel, el Jimador, Woodford Reserve, Old Forester, Canadian Mist, Herradura, New Mix, Sonoma-Cutrer, Early Times, Chambord, BenRiach and GlenDronach. Brown-Forman’s brands are supported by nearly 4,600 employees and sold in approximately 160 countries worldwide
For more information about the company, please visit http://www.brown-forman.com.
We're on Twitter: https://twitter.com/BrownFormanJobs
See us on LinkedIn: https://www.linkedin.com/company/brown-forman
Brown-Forman Corporation is committed to equality of opportunity in all aspects of employment. It is the policy of Brown-Forman Corporation to provide full and equal employment opportunities to all employees and potential employees without regard to race, color, religion, national or ethnic origin, veteran status, age, gender, gender identity or expression, sexual orientation, genetic information, physical or mental disability or any other legally protected status.
Business Area: Europe
Country: Czech Republic
Req Type: Exempt