Summary

The Key Purpose of this role is to fully own the budget, forecast and tracking of South Africa’s Cash Flow Statement in the organisation. Including, driving initiatives and projects with different stakeholders to deliver required synergies without compromising the quality of our products, safety of our people, and the perception of our consumers.

Responsibilities

Cash Flow

• Responsible for Cash Flow Management, and alignment with Procurement & Leads from the other functions (Marketing, Sales, Supply, People, Legal and Corporate Affairs, etc).

• Perform overall review of Cash Flow at month end to understand variances across all lines of the statement. Deep-dive overruns (if any) to determine if any synergies/budget is at risk. Understand reasons for savings. Prepare month cash flow deck for presentation to VP Finance.

• Perform Latest Estimate (LE) process for the BU on a monthly basis for submission to Global. Collate risks and determine if any savings are bankable.

• Conduct annual Cash Flow business cycle for the BU, Develop 1YP and budget base assumptions •

Combine recent performance and benchmarks with planned initiatives to build base assumptions

• Develop and continuously improve model at a comprehensive level of detail

• Link business KPIs expected evolution to financial targets

• Track major project initiatives and report impacts to 1YP

• Lead cashflow deliverables with different stakeholders such as BU Functional Owners and Procurement Teams at the BU Level.

• Drive the execution of Cash Flow in the BU i.e. policies localization and revision, initiatives tracking, tracking monitoring responsibilities • Responsible for the overall delivery of BU Cash flow initiatives with Finance Director, Package Owners and Entity Owners.

• Identify Best Practice and share in-BU

Education and Qualifications

• Degree in Business Administration, Engineering, Economics or a Bachelor's degree and equivalent experience
• CA(SA), CIMA or MBA strongly preferred

 

Requirements

• 3-4 years' experience in business environment & managing people

Characteristics

• Business processes knowledge including strategy and finance strongly preferred.
• Proficient in understanding accounting and financial statements
• Excellent knowledge of Microsoft Office suite, Syspro , Cognos Reportnet, SAP and Capital IQ experience a plus.
• Excellent Leadership, interpersonal, negotiation and influencing skills.
• Capability to constructively interact with and challenge senior colleagues in the different countries/Business Units.
• Change management skills to support significant process changes that affect a major portion of the organization.
• Effective communication skills with all levels in the organization (Global and BU Levels).