At Guinness, we are committed to employing the best talent in business areas. We are a performance-based organization and we look out for people that are performance focused. As much as we know that having the right qualification is imperative, we also look out for people who believe in and are passionate about our vision and values. In particular, we look for people with a passion for achievement. People who work best as part of a team and have leadership skills, integrity, drive and the desire to make things happen.
Job Title: Commercial Finance Director
Level: L3
Reports To: Commercial Director, Nigeria
Context/Scope:
Africa is one of the highest growth areas within Diageo and the plans for financial year 2012 (F12) – Financial year 2015 (F15) in Africa include breakthrough levels of trading profit growth. Guinness Nigeria Plc (GNPlc) is the biggest market within Diageo Africa and one of the biggest beer markets for Diageo worldwide and key to Diageo’s strategic intent of becoming a more sizeable player in beer.
Supply is critical to enable such high levels of growth.
Dimensions:
a) Financial
The F12 Plan stands at 6.5m equivalent units, Net Sales Volume of £550m, Trading profit of £146m, accounting for almost 40% of Diageo Africa trading profit and around 15% of Diageo’s F12 growth plans.
b) Market Complexity
Nigeria has 2 Diageo companies, Guinness Nigeria, a plc listed on the Nigerian Stock Exchange, which manufactures and sells beer and RTDs and Diageo Brands Nigeria (DBN), a newly formed spirits IMC which imports and sells Diageo’s spirits brands.
The market is challenging as there is significant competition in beer and spirits, Nigeria is a heavily regulated environment.
c) Leadership Responsibilities
Leading the development of an expert Commercial Finance function in Nigeria
Leading commercial business performance management, decision support and Sales and Marketing Finance
Responsibility for 4 direct reports and a team of about 12 people
Partnering with and influencing the Market Leadership Team and Marketing and Sales Leadership Teams
Taking the lead in embedding excellent Compliance, Controls and Ethics standards in Sales and Marketing
Purpose of Role
Developing and leading an expert Commercial Finance function in Nigeria, covering performance management, Sales and Marketing Finance and decision support. Partnering with the Market Leadership team and Marketing and Supply LTs to deliver excellent, well planned outcomes.
Top Accountabilities
Developing a strong Commercial Finance organisation in Nigeria , driving performance management for the business (planning, reporting and analysis for P&L, balance sheet and cash flow) and across all areas of Sales and Marketing, ensuring transparency, accuracy and delivery of targets
Support the development of a successful new Spirits business, proactively contributing to the growth of this business.
Building decision support capability in Commercial Finance to ensure all key decisions are properly supported locally by quality financial analysis to drive value maximization
Partnering with the Sales and Marketing Directors to ensure that CC&E is well embedded across the Demand organization
Qualifications and Experience Required
Qualified Accountant with minimum 10+ years post NYSC experience
Significant hands on Commercial Finance experience, ideally as a Market Finance Director,
Strong analytical skills, including experience of hands on financial modelling for decisions
Experience of Diageo planning and reporting processes is an advantage
Experience of working in developing markets with both in market and cross-functional teams
High level of communication and influencing skills.
Project management skills, both as a leader and key team member are an advantage
People management experience / proven ability to identify and develop talents.
Barriers to Success in Role/
Inability to adopt and deploy a range of influencing styles to build positive relationships and make things happen across a broad and diverse organisation.
Inability to seek and anticipate internal and external future opportunities, risks, and areas for improvement facing the business.
Inability to work autonomously, maintain drive without the support of others.
To Apply, CLICK HERE
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