Finance Analyst, Diageo
+ Performance bonus
Alcoholic beverage company
Open for applications
Alcoholic beverage company
1001+ employees
Open for applications
+ Performance bonus
1001+ employees
Company mission
To be one of the best performing, most trusted and respected consumer products companies in the world.
Role
Who you are
- Minimum of 2-3 years’ experience in an analytical finance role
- Experience in month end processes, journals entry and analyse of financials and P&L preparation
- Understanding of Cash and Credit card handling and reconciliation, the accounts receivable process and the accounts payable process
- Experience in Balance Sheet reconciliations and management
- Highly numerate, strong analytical skills & excel skills
- Good working knowledge of IT in a multi retail environment and/or visitor experience
- Financial acumen or relevant finance qualification
- University or College degree in Finance and Accountancy / Economics / Business
- 2-4 years of experience in Finance / Financial Controlling
- Experience in a Shared services environment is considered as an advantage
- Excellent Business English knowledge
- Strong MS Excel skills
- Good communication and business partnering skills with senior partners
- Strong analytical skills and attention to details
What the job involves
- Reporting to the Commercial Finance Manager, this role is a key part in the finance function supporting in month end reporting, managing Debtors credit control and purchasing, and lead on a process improvement
- Process month end journals (e.g. recording revenue, cost of goods, overheads, stock etc) with a strict working day 2 deadline for month end
- Support the IBH Financial Accountant in the preparation of monthly Management Accounts, including KPI and performance reports
- Support the wider management team with issues and ongoing finance support
- Credit Control- Proactive management of debt collection
- Prepare monthly review of debtors ledger including aged analysis for review with financial accountant/CFM
- Management of all debtor processes to ensure there is a streamlined effective process in place that is CARM (Internal Controls & Risk Management)
- Some Business Partnering with budget owners to help their costs control
- Balance sheet Reconciliations
- Take full responsibility for the day to day management of the respective Profit and Loss & Balance sheet area from accounting, reporting and controlling perspective in a non-standard COGS environment
- Decision support for business partners through value add analysis, thorough understanding of movements on accounts, the business reason behind those, and collection and presentation of Risk & Opportunities
- Planning – Full coordination with markets, sense check and validate the bottom up results to the top down expectation
- Prepare quality reconciliations through deep understanding of the figures supported, reported
- Continuously monitor the respective P&L and/or BS accounts for any inconsistencies
- Prepare and post accruals to ensure the month-end results show the clear and fair picture
- To contribute ideas, energy, enthusiasm and support to the continuous improvement of the process. Simplify and standardize processes across Region end-to-end
- Ensure smooth and accurate month-end closes in a non-standard COGS environment
- Coordination of the month-end closure, yearly planning processes for the respective area
Our take
Multinational beverage company Diageo was the result of a merger between Guiness and Grand Metropolitan, a leisure and property conglomerate, in 1997. Spearheaded by then-Guiness executives Anthony Greener and Philip Yea, the merger sent stocks skyrocketing and by December of the same year, Diageo was listed on the London Stock Exchange.
As the owner of many of the global leaders in alcoholic beverages (think Ciroc, Smirnoff, and Tanqueray), Diageo has made a number of savvy acquisitions and sell-offs, expanding its portfolio beyond Europe and into the Americas, the Middle East, and Asia.
Over the past decade, however, it has had to face the rise of craft and independent brewing, with companies like Brewdog becoming new competitors. Rather than acquiring these craft beer companies, Diageo has focused on branding Guinness in a way that fits the craft mould. This involved initiatives like The Brewers Project.
During the early 2020s, Diageo also weathered an alcohol sales decline and has bounced back with a renewed focus on cold brew coffee liqueurs and Guinness blends, as well as further acquisitions that have included that of actor Ryan Reynolds’ Aviation Gin
Kirsty
Company Specialist
Insights
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Company
Employee endorsements
Diversity is a priority
"There are several communities within Diageo focused on different employee groups. The whole company celebrates Pride, and you never get any strange..."
Funding (1 round)
Aug 2023
$8.4m
GRANT
Total funding: $8.4m
Company values
- Build iconic brands
- Enjoy career-defining opportunities
- Be heard
- Make your mark
- Never stop learning
- Be supported
- Create a future that's worth celebrating
Company HQ
Park Royal, London, UK
Articles
Leadership
Debra Crew
(CEO, not founder)Currently a Board Member at Stanley Black & Decker, Inc. Previously Board Member at Mondelēz International, Newell Brands and previously a Board Member at Diageo before becoming its CEO.
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