Food Finance Manager at Vivo Energy

Description

Job Purpose:

• The Food Finance Manager is responsible for delivering world class financial management to the Central Food Team, as aligned with the Finance functional vision, in the areas including appraisal, planning, strategy, assurance, accounting, reporting, economics and projects.
• The Finance Manager also performs a finance integration role acting as the interface between the business and the Finance Controllers, Tax, Treasury and Portfolio

Principal Accountabilities:

Financial Leadership:

• Enable Finance to deliver world class Finance service to the business, including excellence in provision of specialist FN support (Tax, Treasury, Credit etc).
• Optimize collaboration between the business Finance team, the Controller’s team and JV Finance Managers.
• Be a key contributor as part of the Central Food Team, acting as a sounding board to and challenge MDs and JV Executive Teams.
• Build and maintain effective relationships within the finance and business organization including Retails & CR

Strategy and Business Planning;

• Input into strategy development, guiding Operating Units & Joint Ventures as appropriate in development of aspirational plans.
• Ensure alignment of all OU T&Rs, identifying and agreeing on stretch with the MDs and JVs where appropriate.
• Be accountable for delivering the Operational Plan.
• Lead the planning process in the Central Food Team in conjunction with the OUs, ensuring business ownership and alignment with the FP&A Planning team.
• Management Information and Business Performance Appraisal
• Financial performance (actuals) - Ensure robustness of financial performance data provided by the JV Finance Teams.
• Prevent the creation of non-standard MI.

Latest estimates: Ensure consistent, robust, fit for purpose and timely LE's for the business.

Variance analysis (revenue, COGs, margin, opex, capex and working capital drivers): Provide clear and consistent business appraisal and analysis that allows for timely decision making for the leadership teams.

• Participate in OU Quarterly Business Reviews.

"Post" reviews (PIR etc): Ensure "post" reviews are conducted for material projects in collaboration with the business and Capex manager.

• Support working capital management.

Business Decision Support

• Contract management: Ensure proper management of pricing, sales and purchase contracts, with focus on value protection and enhancement (credit, margins, customer assets…).
• Risk management: Ensure commercial and financial risks are properly assessed, quantified and mitigated in line with Business objectives, adhering to Group policy as appropriate.

Governance and Business Controls:

• Compliance (Finance Standards): Ensure all key control targets and standards are met in line with local country requirements and operated effectively across the interface.
• Ensure adherence to the Offer Book in ERP and processes in conjunction with Sales & Operations and manage non-compliant elements through clearly documented control procedures, in line with key stakeholder requirements.
• Audits (external/internal) and Business Control Reviews: Support internal/external audit requirements as appropriate.

Accurate financial reporting.

• OU Finance departments in Vivo Energy and our associated Joint Ventures are being pressed to improve the close and reporting process. Companies face increased pressure to provide higher quality information faster and more efficiently. Externally, market and regulatory bodies have accelerated reporting deadlines.
• Ensure timely and flawless IFRS group reporting as well as transactional accounting
• Manage and comply with statutory reporting requirements as well as tax filings
• Steer external year-end audit of statutory and IFRS group reporting
• Ensure adequate accounting and IFRS reporting knowledge within the JV finance teams

Requirements

Job Knowledge, Skills & Experiences:

• Finance/Economics degree and a recognized professional accounting qualification;
• CA Qualification would be an advantage
• Minimum 10 years of finance experience
• Focus on delivery and priorities; a self-starter,
• Planning and Project management skills.
• Broad knowledge of finance processes within Vivo Energy (e.g. T&R),
• Broad knowledge of finance processes within the QSR Food Industry
• Strong communication (fluency in English), influencing and networking skills.
• Specific software skills: Excel, PowerPoint, Word, Oracle, JDE.
• Ability to work in a team, and under pressure, in a virtual environment.