Finance Director

Red Bull

Not Interested
Bookmark
Report This Job

profile Job Location:

Cape Town - South Africa

profile Monthly Salary: Not Disclosed
Posted on: 8 hours ago
Vacancies: 1 Vacancy

Department:

Finance

Job Summary

ACCOUNTING & TAXES

  • Ensures full compliance with all applicable local laws and internal group policies including statutory accounting standards tax law and civil law.
  • Maintains accurate transparent and complete accounting records ensuring financial statements faithfully represent the companys financial position performance and cash flows.
  • Submits precise and timely financial information to all stakeholders.
  • Efficiently manages the year-end audit process to achieve clean audit outcomes and avoid any Emphasis of Matter or Qualified Opinion.
  • Continuously improves efficiency and quality by streamlining processes and leveraging available tools and collaborates on effective tax management to anticipate and address legislative changes and tax risks cost-effectively.


CASH MANAGEMENT & TREASURY

  • Adheres to all HQ Treasury guidelines and aligns all financing leasing and bank decisions with the central Treasury department.
  • Implements robust credit risk management by regularly assessing customer creditworthiness setting appropriate credit limits and security requirements and collaborating with sales for effective collection processes to avoid bad debts.
  • Establishes efficient cash management practices by minimising working capital needs and proactively transferring surplus funds to the parent company.
  • Delivers accurate and timely liquidity forecasts to HQ supporting effective treasury operations.
  • Conducts return on investment calculations for proposed investments according to company guidelines and manages all local insurance matters including vehicles and claims in line with established procedures.

LEGAL AND INTERNAL CONTROLS

  • Ensures compliance with all relevant headquarters guidelines and standards.
  • Develops local policies to establish behavioural principles provide clear written guidelines and ensure fair treatment throughout the organisation.
  • Implements and regularly reviews an effective Internal Control System to minimise risks of errors misconduct or fraud through process design that upholds the four-eyes principle adequate segregation of duties and heightened fraud awareness.
  • Fosters a culture of honesty trust and loyalty by leading by example and encouraging confidential reporting of any misconduct.
  • Ensures proper commitment policies and approval levels as well as that contracts are in place for all key service partners across all areas of the business. 

FP&A (FINANCIAL CONTROLLING)

  • Strictly adheres to Group Controlling guidelines and aligns system setup with organizational responsibilities.
  • Delivers timely and transparent financial reports and insights to all budget holders through regular distribution system access and meetings.
  • Improves Controlling efficiency by reducing report generation time and focusing on analysis commentary and sharing insights.
  • Implements a comprehensive bottom-up planning process with a local planning calendar that allows adequate time for review and feedback ensuring realistic and balanced forecasts.
  • Supports and challenges budget holders during planning measures cost/benefit ratios and maintains a monthly reporting calendar to monitor deviations and agree on corrective actions.

PEOPLE MANAGEMENT

  • Builds and maintains a highly engaged and motivated team by ensuring clear roles and responsibilities. Builds future benches.
  • Regularly updates job descriptions and verifies that all roles are filled by suitably qualified individuals.
  • Sets annual objectives for team members linking variable pay to achievement of agreed targets.
  • Conducts bi-annual performance reviews providing honest constructive feedback to support development.
  • Promotes continuous learning through internal training sessions and ensures all key processes are documented with checklists in place.

IT & DIGITIZATION

  • Adheres fully to Group IT Guidelines ensuring compliance across all IT operations.
  • Equips the organisation according to Group Standards and maintains appropriate workplace and IT infrastructure.
  • Implements all necessary security measures and raises organisational awareness of potential IT risks.
  • Collaborates with local management users and the regional IT team to define guide and prepare innovative IT solutions that meet business needs and enhance user satisfaction.
  • Promotes and supports digitalisation initiatives enabling efficient cross-functional processes through tools such as RPAs Digital Signature MS Forms and Power Automate.

BUSINESS PARTNERSHIP

  • Establishes strong trust-based partnerships with South African leadership team as well as all budget holders by providing financial insights supporting budget adjustments and facilitating achievement of organizational goals.
  • Promotes efficiency and profitability throughout the company by optimizing asset use maximizing synergies with other activities and ensuring adherence to budgetary guidelines.
  • Enhances cost consciousness by fostering transparency challenging spending behaviors conducting tenders and encouraging competitive approaches to cost management.
  • Collaborates closely with management to improve cash flow and conducts thorough return on investment assessments for new customers products promotional initiatives overhead structures and capital investments.
  • Assists in customer and vendor negotiations by proposing beneficial contract changes and helps implement consistent pricing structures to minimise risk.
  • Acts as key sparring partner to the General Manager

Qualifications :

University degree in Business Administration/Finance/CA

Minimum 15 years of relevant Finance experience in the FMCG industry and a considerable exposure to Commercial Finance. University degree in Business Administration with a focus on Finance. 
Accounting Audit or Tax qualification is preferred.

Areas of required expertise: Controlling & Financial Management; Accounting (HGB IFRS); Taxes (incl. International and TP); Commercial & Business Partnership; Treasury; Digitalization; IT Process Management; General Legal; Profitability Management

Strong accounting (Local Accounting Standards & IFRS) and taxation knowledge. Proven track record in securing compliance.

Very strong leadership skills. Track record in building high performance teams. Flexible and a team player. 

Highly analytical and very skilled individual. 

Ability to quickly identify and analyze risks and impacts and able to define alternatives. 

Good communication and presentation skills. 

Capable of communicating precisely effectively and convincingly based on facts with internal and external stakeholders. Negotiation Skills

IT literate excellent MS Excel knowledge familiarity with any ERP system and any integrated business analysis tool is a strong plus (SAP BI/Cognos/Essbase/Hyperion etc). 

Must be self-motivated self-directed and be able to work under pressure in a fast paced team environment. 


Additional Information :

This job description is not exhaustive of the potential duties that the successful applicant will be required to perform and is provided solely to assist potential job applicants in determining their suitability for the role and to apply for the job. It is not an offer of employment and Red Bull is under no obligation to hire an applicant who submits an application. 


Remote Work :

No


Employment Type :

Full-time

ACCOUNTING & TAXESEnsures full compliance with all applicable local laws and internal group policies including statutory accounting standards tax law and civil law.Maintains accurate transparent and complete accounting records ensuring financial statements faithfully represent the companys financial...
View more view more

Key Skills

  • Accounting Software
  • Forecasting
  • Ellucian
  • Financial Report Writing
  • GAAP
  • Accounting
  • Corporate Finance
  • Financial Analysis
  • Financial Modeling
  • Budgeting
  • Financial Management
  • Financial Planning

About Company

Company Logo

Red Bull Student Marketeers are part of the most dynamic and empowered brand and product ambassador program in the world. They understand Red Bull’s target group and are responsible for driving the brand image and product understanding on their university campus and in their region. T ... View more

View Profile View Profile