Finance Manager – Transactions/Reporting/Compliance
2 days ago
YOUR OPPORTUNITY
This role, within the finance Middle East, Africa organization, is unique opport unity to be part of the Transaction & Compliance team responsible for the core financial processes for the South African and Nigerian markets with the aim to achieve its vision to be recognized as best-in-class organization by providing excellent accounting, reporting and compliances services to its stakeholders.
This role will implement and/or execute process strategies within the following broad functional areas, General Accounting, Reconciliations & Month-End - Audit & Financial Reporting and Taxation & Regulatory Compliance, all in a timely and accurate way.
ABOUT YOU
You will be a hands-on team member with significant experience in core financial processes including Record-to-Report, Order-to-Cash, Procure-to-Pay, Intercompany & Treasury Flows. You will strive to find operational efficiencies in all processes and have a founder's mentality to ensure a balance approach to control environment recommendations. You will have good accounting GAAP knowledge and have an interest in complex accounting concepts. As a member of the AMEA Finance Family you will be in your comfort zone working across the matrix as part of a diverse team.
RESPONSIBILITIES
- You will be responsible for complete and accurate day to day accounting and reporting and Month-, quarter- and year-end closing of all companies within South Africa and Nigeria, working closely with Bacardi's Shared Service Center to ensure financial submissions are complete and accurate and delivered on time.
- Responsible for overseeing the Balance Sheet of all companies within South Africa and Nigeria, ensuring accuracy and compliance. Provide support to the organization for the resolution of the most complex cases.
- Rebates management, ie creation, monitoring of accruals balances & payment, for both legal entities & submission of rebates creation & invoices in Tradall entity when applicable.
- Responsible for ensuring controls are operating effectively, this includes execution and collaboration with other control owners.
- Ensure group re-charges, reconciliations and invoicing are completed and cleared in a timely manner.
- Lead the management of foreign exchange (FX) implications across accounting, reporting, and treasury activities, in close coordination with Global Treasury, Global Finance, and Regional Finance teams.
- You will be responsible for managing year-end audits in collaboration with internal and external stakeholders (PWC, EY, Deloitte) for all legal entities, ensuring completeness, accuracy, and full compliance with both local and internal deadlines.
- You will also lead the management of trade and liquor license renewals along with the BBBEE (Broad-Based Black Economic Empowerment) and Corporate Social Ethics committees. You will partner cross-functionally with Procurement, Human Resources, Legal, and Tax teams, and coordinate with the Global Corporate Secretarial Relations and Legal departments to ensure all local administrative and regulatory obligations are met.
- You will support the Senior Finance Manager MEA , Transaction, Reporting & Compliance by implementing the delivery of Financial Accounting System processes including timely financial closings and accurate financial data reporting and the compliance of all the global/local KPI's.
- Actively execute and drive process improvement projects including system implementations.
- Work closely with other functions, such as but not limited to, Bacardi Shared Service Center, Commercial Finance, Performance Management, Budget Control and Reporting, Marketing and Operations, to ensure the streamlined of processes and proper communication of risk and opportunities.
SKILLS & CAPABILITIES
- 8+ years of incremental responsibilities in finance with a current role as Finance Manager or the equivalent experience at a Big 4 Accountancy Firm; with a strong understanding of US GAAP and SOX controls.
- Minimum bachelor's degree in accounting, Finance, or related discipline is required.
- Chartered Accountant (CA(SA)) or equivalent (e.g., CIMA, ACCA) certification is required.
- A deep understanding of local company laws, audit requirements, and administrative compliance (trade licenses, liquor licenses, etc.).
- Registered Public Notary qualification or certification will be considered a plus, particularly for handling legal entity documentation, notarized filings, and compliance records.
- Excellent English level. Proficiency in multiple languages is a plus (Hindi, Arabic, French)
- Experience in multinational corporation, in spirits and/or fast-moving consumer goods industry is an advantage.
- Proven ability to manage and assess foreign exchange (FX) implications in accounting, reporting, and treasury processes.
- Confident & proficient in the use of SAP TM1, BI, MS Office with advanced Excel & PowerPoint skills.
- Proven proactive financial impact as a fully integrated team player & business partner.
- Outstanding communication skills & ability to establish strong working relationships with colleagues from different functions & cultures. Networker comfortable influencing decision making across diverse group of stakeholders.
- Superb analytical skills, critical thinking, intellectual curiosity. Able to distil complex data sets & ideas into concise insights & recommendations.
- Process focused with an understanding of end-to-end business processes & their financial impacts.
- Track record of driving change in finance systems, procedures & practices as well as delivering process simplification & improved ways of working.
- Open to travel to Nigeria, especially during implementation or transition periods.
- Ability to initiate and foster open dialogue across Bacardi Enterprise Solutions (global shared service centers) and the Business Partner organization.
At Bacardi we care deeply about finding brilliant talent who can bring the following personal attributes to help elevate our 3Fs: Fearless, Family, Founder culture to the next level.
Belonging: You have a strong capacity to create a culture of 'Belonging', where people feel appreciated for who they are, what they do, and who they can become
Self-Awareness: You have high levels of self-awareness, are reflective and know yourself well, understanding both your own strengths and weaknesses and your impact on others
People Agility: You bring a deep ability to understand and relate to people and navigate through tough situations to harness and multiply collective performance
Results Agility: You demonstrate consistent delivery of results in first-time situations by inspiring teams, exhibiting a presence that builds confidence in yourself and others.
Mental Agility: You can think critically to penetrate complex problems and expand the possibilities by making fresh connections. You think strategically whilst being execution focused and bring creativity to the challenges you're presented with
Change Agility: You have a deep natural curiosity, desire to experiment and ability to effectively deal with the heat of change. You have a growth and learning mindset: ready to test, stumble, learn and apply from experience
Disclaimer: Bacardi seeks talent from all backgrounds to bring diversity of thought, agility and capability to our organization across the globe. We promote a working environment where all employees are treated and rewarded fairly. We do not tolerate any form of discrimination that adversely affects individuals or groups on the basis of national origin, race, color, religion, sex, gender, sexual orientation, marital status, disability, age, and any other legally protected aspect of a person's identity.
U.S. applicants have rights under Federal Employment Laws.
Perks of Working for us
At Bacardi, we are committed to providing our Primos (employees) with a comprehensive Total Rewards package of compensation, benefits, incentives, allowances, well-being, and much more to meet the needs of themselves and their families. It goes beyond just Cash The total rewards program is based on pay for performance, whereby the incentive programs are linked to company and individual performance.
Compensation, Paid Time Off & Retirement:Competitive Pay Package
Competitive Holiday/Paid Time Off, plus additional days offered ( i.e., volunteer day, allowing you to give back to the community)
Retirement/Pension Plan
Medical, Critical Illness, and Life Insurance
Calm Meditation App subscription (free)
Employee Assistance Programs
Best-in-class, family-friendly, and inclusive leave policies
The benefits /perks may vary depending on the nature of your employment with Bacardi, your work location, and are subject to change.
Some benefits may be subject to an employee contribution.
Some benefits may be fully or partially subsidized. Incentive plans are linked to the nature of your employment and can vary based on region, market, function or brand.
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