Country Head of Finance

  • Full Time
  • Lusaka
  • Applications have closed

Zambian Breweries

Dreaming big is in our DNA. It’s who we are as a company. It’s our culture. It’s our heritage. And more than ever, it’s our future. A future where we’re always looking forward. Always serving up new ways to meet life’s moments. A future where we keep dreaming bigger. We look for people with passion, talent, and curiosity, and provide them with the teammates, resources and opportunities to unleash their full potential. The power we create together – when we combine your strengths with ours – is unstoppable. Are you ready to join a team that dreams as big as you do?

The Key Purpose of this role is to continuously drive Country costs to an optimal level through coordinating in a challenging fashion (“open and close the gap”)all financial and performance activities and at the same time being the control custodian of the Country.

Key Roles and Responsibilities:

Monthly Actuals (reporting/analysis/review):

  • Coordinate the actuals reporting process together with ZHQ finance team, BBP and NoCC
  • Do control checks, review and adjust actuals if needed in alignment with control
  • Accurately report financial performance on a monthly basis (Full P&L)
  • Provide actuals review and analysis during monthly deep dive meetings
  • Deep dive in all new variance drivers, find root cause and work with the districts on identifying adequate gap closing action plans
  • Head up Country month results review with Financial Director, Country Director and Country Logistics Manager
  • Managing capex budget and spend
  • Work effectively with HQ Finance departments, including Finance NOCC, ZBB and Logistics to deliver enhanced value for the organisation.

Monthly Full Year Forecast outlook (LE):

  • Prepare Full Year Forecast outlook (LE) for the Country P&L for financial performance
  • Identify opportunities to continuously improve EBITDA results
  • Identify risks, respective route causes and identify gap closing action plans
  • Consolidate and report LE ZHQ and NOCC team
  • Prepare monthly Deep Dive and review decks, respecting ZHQ guidelines, templates and timelines
  • Work closely with NOCC/BBP/HQ to ensure LE submissions accurate, complete
  • Continuously challenge LE’s to drive value

Annual Plan:

  • Define and lead the process for Country
  • Set and communicate annual plan calendar, milestones and targets to Country
  • Monitor annual plan calendar implementation
  • Define departmental targets to deliver on 1YP and bottom up for different P&L lines
  • Provide the facts and figures for all relevant budget calculations
  • Ensure all initiatives are properly embedded in the budget, while avoiding double counting
  • Prepare management review presentations Country, respecting ZHQ guidelines, templates and timelines
  • Ensure final budget is properly uploaded in all relevant tools (Cognos, SCFD, ZBB, TM1, SAP)
  • Support Country with STI target setting and tracking

Corporate governance:

  • Sign off and review of monthly stock packs
  • Attend 1 Quarterly stock count
  • Support Fixed Asset Management
  • Support NOCC/Internal Control team with annual CSA audits
  • Lead action plan to close the gaps identified in Audits
  • Lead monthly Country Audit Committee meeting
  • Managing corporate governance and identifying risks, ensuring plans are in place to mitigate these risks and ensuring closure of all audit/risk/IFC findings ​

Balance Sheet Management:

  • Review Balance sheet on monthly basis
  • Ensure completeness and accuracy of reporting of Income Statement via Balance Sheet
  • Support Accounts Payable Team with Balance sheet management

Ad-hoc:

  • Work with Nocc team on streamlining reporting and monthly business cycle
  • Work with Country Logistics team on streamlining reporting and monthly business cycle
  • Support cash conversion initiatives
  • Manage and coordinate internal and external audits
  • Manage corporate tax planning and compliance

Key Competencies and Attributes:

  • Solid knowledge of accounting and control activities
  • Good knowledge of audit, tax and treasury activities
  • Excellent technical financial and accounting skills.
  • Ability to analyse and interpret financial information.
  • Expertise in Project Management

Minimum Requirements:

  • BCom Hons. or CA(SA) or CIMA or MBA Experience
  • Minimum of 3 years experience in financial management or similar management experience in FMCG or Beverage industry
  • Experience on supporting senior managers on decision making

Additional Information:

  • Band: V

ZB/ABInBev is an equal opportunity employer, and all appointments will be made in line with ZB/ABInBev employment equity plan and talent requirements. The advert has minimum requirements listed. Management reserves the right to use additional/ relevant information as criteria for shortlisting.

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