Junior Commercial Finance Business Partner, Diageo

OGBL

Salary not provided

Excel

Power BI

Junior and Mid level

London

Office located in Guinness Open Gate Brewery London

Alcoholic beverage company

Be an early applicant

Alcoholic beverage company

1001+ employees

B2CRetailFoodManufacturing

Be an early applicant

Salary not provided

Excel

Power BI

Junior and Mid level

London

Office located in Guinness Open Gate Brewery London

1001+ employees

B2CRetailFoodManufacturing

Company mission

To be one of the best performing, most trusted and respected consumer products companies in the world.

Job

Company

Role

Who you are

Part or recently qualified accountant who will be studying or has studied towards their ACCA or CIMA qualifications
Existing capability to build genuine relationships built on mutual trust & respect
Successful management of senior stakeholders, resulting in strong and positive outcomes
Comfort with dealing with ambiguity, complexity and working within a fast-paced, entrepreneurial and matrixed environment
Deep personal accountability for great performance
Strong commercial and numerical acumen with attention to detail
Intermediate/advanced excel and PowerBI tools
Demonstrate you have mastered the basics in Financial Analysis

What the job involves

Duration 12 months
As a key business partner to the MD, Head of Finance, and OGBL Department Heads you will support the performance agenda and promoting the best interests of all revenue streams
This includes taking a key role in monthly performance meetings, understanding the key dynamics of all functions and revenue streams and costs within the business and holding revenue stream heads to account for strong performance in their areas of responsibility
Support the performance cycle and act as a Key Business Partner - tracking the performance against financial plan (NSV, OP, Cash), and other critical metrics including performance to consumer and hospitality KPIs, and proactively managing associated risks and opportunities. This entails
Supporting the performance cycle, supporting and challenging revenue pillars on sales and profit delivery, key KPI's, and cash targets. With a focus on navigating through monthly forecasting cycles, and full year performance
Decision Support: Driving possibility thinking in commercial discussion, and supporting the development of new revenue stream / cost Opportunities, and supporting in the modelling of key scenarios to support growth
Capability: Help support in building Commercial and Financial acumen across the site and total team (Diageo & 3rd Party)
Driving Commercials teams to understand external influences and trends and their impact on current / future performance
Quantifying risks and ops for the AOP, and communicating these to leaders
Drive an effective measurement and evaluation process for investment in the business, alongside key business partners
Ongoing support for the understanding of cost management, driving efficiency in line with best in class and productivity agenda, including RGM, A&P effectiveness and indirect cost management
Support FC teams with month end accruals and reconciliations as required, and ensure accurate and fully understood month end positions in line with our working day cycle
Provide direct cover for the Head of Finance, with the ability to step in to key meetings when required, due to annual leave or calendar requirements
In addition, you will be key in maintaining an exemplary controls and compliance environment, working with the Managing Director, Head of Finance, and risk and control partners to
Directly support in regular stock taking / asset verification
Ensure accountability for, and ownership of, the controls environment
Ensure all globally mandated CARE requirements are adhered to
Support in the collection and sharing of key site information required for ESG requirements (eg. Relating to logistics, retail, and brewing processes)
Ensure full visibility of risks and mitigation including a regular meeting of the Risk Management Committee:

Salary benchmarks

Our take

Multinational beverage company Diageo was the result of a merger between Guinness 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 but 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.