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Brown-Forman Finance Analyst Italy in Milano, Italy

B-F’s business in Italy and the Alps covers 4 markets (Italy,Austria, Switzerland and Malta ). Italy is the biggest country and represents 57% in the cluster and the 3rd most

important market in Developing Europe & Iberia region. Jack Daniel’s TW is the leading whisky brand while we are also expanding and developing the whole JD Family of Brands (FOB), with the fastest growing trend of Flavors and positive results for super-premium whiskey. B-F Emerging Brands (EMBED) are also gaining share of attention in the market with increasing investments and acceleration plans. We have just acquired 2 brands: Gin Mare and Diplomatico Rum, with that acquisition our footprint in Italy will double.

We use a 3rd party RTC, working with 3 different distributor partners and collaborating with and influencing their sales & marketing teams.

Meaningful Work From Day One

This role is to provide financial management support and analytical insight to the Developing Europe - Italy - third party distribution markets in Italy.

The role will focus on 2 newly acquired brands. This role will act as a second hand to DgE Italy/Alps Finance Manager on several aspects of financial management of Italy; specifically in achievement of profit growth targets focusing in the areas of volume, pricing, profitability, cost management and investment effectiveness among others.

What You Can Expect

Commercial Support and Analytical Insights

  • Under supervision of the Finance Manager and in collaboration with Commercial teams

  • Support development of an active Revenue Growth Management (RGM) agenda

  • Assure ARM tool implementation for Gin and Rum categories: oversee the country pricing and promotional plans, and advise on ongoing ways of improving pricing and promotional efficiency.

  • Jedox Value Chain Tool: uncover RGM insights through the tool and drive change working closely with DgE commercial team and local distributor finance teams

  • Interact with the distributor finance team under the guidance of the Finance Manager, aking part in business reviews with the distributor, and understanding the overall business through trade visits

  • Support Finance Manager and Area Manager regarding new RTC decision making/ contract renewals, and test different business possibilities leveraging external data sources as needed

  • Maintain knowledge of external industry trends, utilizing data sources such IWSR for competitive reviews

  • Analyze distributor inventory as it relates to major discrepancies between shipments and depletions in relevant markets (as needed basis)

Financial Management

  • Work very closely with the Finance Manager to manage P&L, acting as the second point of contact on finance related issues

  • Achieve a deep understanding of cluster markets and give support to the Finance Manager and Commercial Team in areas such as pricing, margin control, new SKU creation, performance evaluation, and brand investment opportunities

  • Provide monthly P&L analysis and support to the Finance Manager to provide insights for the cluster ; track, analyze and report on discounting, growth bonuses and brand expense to ensure that internal and external stakeholders are informed and remain within budgets/projections

  • Participate in and support the Finance Manager on financial aspects of monthly business reviews (MBRs)

  • Support the Finance Manager to ensure our financial results are accurately reported (proper expense classification within the P&L line items, properly supported accruals, monitoring of receivables, etc.)

  • Perform quarterly and annual distributor margin reconciliations for the cluster and help as needed distributor bonus reconciliations

Budget, Projection and Long Term Planning Processes

  • Support the rolling forecasting process for the cluster

  • Support timely submission for market consolidation

  • Help the Finance Manager for the integrity of data, variance analysis, and financial evaluation of range forecasts

  • Support the development of long-term strategic plans and multi-year investment case proposals

  • Support the preparation of presentations, analyses, and documents, including White Papers, relating to the Budgets and Projections

  • Collaborate with Marketing and Accounting teams to oversee the A&P budget

  • Management release of funds according to forecast guidelines tracking of spend to ensure that the Marketing teams (and/or) distributors are within permitted spend

What You Bring to the Table

  • College/University (Bachelors or Equivalent) in Finance, Accounting, Economics or related

  • 1-3 years of post qualification experience.

  • Experience with SAP and BW

  • Fluency in English and Italian

  • Ability to handle multiple projects to completion by agreed deadlines

  • Computer applications skills in accounting, budgeting, and valuation techniques (advanced PC skills incl. G-Suite, Excel, and PowerPoint)

What Makes You Unique

Masters Degree (M.A., MBA or Equivalent); Finance, Accounting, Economics or related

Experience in the wine and spirits industries or FMCG would be a plus

Familiar with working with foreign currencies, exchange rates, and conversion factors

Who We Are

Imagine working for a company that welcomes you in, inspires you to bring your best self to every opportunity, and encourages you to grow and develop your career in a resilient and fun industry. Brown-Forman offers our employees this kind of career and environment and has for more than 150 years. Together, we proudly live and work by our values, striving each day to be better and do better as people, as a company, and as members of the communities we call home. Come have a seat at our table!


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 Division

City: Milano

State: Milano

Country: ITA

Req ID: JR-00005899