Finance Manager - Innovations at Diageo

Purpose of Role

• Conduct financial simulations for innovation projects to optimize scenarios.
• Ensure timely completion of gate financials.
• Be responsible for end-to-end finance support for innovation, including COGS computation, project costing, trade pricing proposals, and profitability analysis.
• Lead Innovations AOP process, incorporating project valuations and timelines.
• Lead pricing and 5-year financials for imported finished goods projects.
• Implement NRM pillars on innovations, focusing on Pricing, Trade terms, and Park and format architecture.
• Prepare CAPEX financials as needed.
• Provide reporting for innovations, covering Africa and Local Business Performance Management, as well as Opportunity and Risk assessments.
• Conduct financial evaluations on launched projects for timely decision-making.
• Support and drive controls agenda around pricing and innovation governance.
• Represent Finance Team in all innovation Gate and Global Innovation meetings.

Dimensions

Financial:

• Drive revenue growth exceeding Kes 70B.

Complexity:

• Responsible for robust financial evaluation of all innovation, renovation, and Net Revenue Management projects.
• Collaborate with multiple teams across the business for end-to-end project support.
• Engage in global and Africa-specific innovation and finance teams.
• Work closely with Senior stakeholders for decision-making.
• Leadership Responsibilities and Decision-Making Rights:
• Provide information for informed decision-making in collaboration with Managers and Senior Managers.
• Proactively drive business decisions and engage in the preparation of innovation financials and business cases.
• Influence the viability of projects based on financial analysis aligned with business strategy.
• Assess pricing control in line with Controls/Audit requirements.

Main Accountabilities/Responsibilities

• Develop and implement financial processes for excellence in pricing and controls.
• Supervise the execution of business strategy outlined in GAME plan, Innovation gates, and recent projects.
• Conduct robust financial analysis for innovation and research projects.

Qualifications And Experience Required

• Proven track record in persuading, influencing, and building credibility cross-functionally.
• Ability to work autonomously with a strong background in analytic or finance roles.
• Excellent commercial skills, analytical, and logical thinking.
• Project leadership experience with the ability to prioritize and meet deadlines.
• Adaptability to a changing environment and willingness to challenge conventional thinking.
• Proficient in Microsoft Excel and Financial Modelling.
• Graduate accountant or graduate pursuing a professional qualification with a minimum of 5 years of practical experience.