Finance Director

Job Description : COUNTRY FINANCE DIRECTOR ETHIOPIA FOR COCA COLA This role will directly report into the MD for Ethiopia. Coca-Cola Beverages Africa (CCBA) is the largest African Coca-Cola bottler, accounting for 40% of all Coca-Cola volumes on the continent. CCBA has an extensive footprint in Africa, employing over 17 000 employees, serving a combined population of over 300 million people across the continent. The CCBA vision is to refresh Africa every day and make the continent a better place for all, growing successfully as a business and creating a better shared future for our people, customers, consumers, communities, planet and shareholders. We conduct ourselves with the utmost integrity for shared value and the greater good. We are a world class, customer-orientated, socially and environmentally conscious fast-moving consumer goods (FMCG) company that is driven by engaged, motivated and inspired employees. To oversee the financial strategy of the business and manage all assets and resources in the most efficient manner, which promotes sound financial health of the business. The Finance Director will be responsible to: · Partner with the Country MD to ensure the organization optimize their value creation on a sustained basis · Enforce a strong governance, risk and compliance framework aligned to the CCBA framework · Ensuring financial capability is effectively developed across International Division Finance teams · Be the main financial advisor of the CMT on short, medium and long term investment opportunities that will benefit the business. · Offer commercial orientation and perspectives to the business leadership to drive value creation throughout the business. · Focus on key strategic priorities, and create capabilities within the finance team to drive and support initiatives that will enhance the achievement of those priorities. · Coordinate the strategic plan development and support the business leadership to evaluate alternative ideas and options in that endeavor. · Help the business leadership appreciate the value chain and support initiatives which enhance leveraging of strengths across various business processes. · Provide the business leadership with key financial measures which make it easy to understand the business performance as against Group benchmarks. · Drive ownership of good cost managements practices across various functions. · To provide cost effective and efficient accounting and financial management services to the Board, Audit Committee and all key stakeholders. · Design and implement sound accounting system which ensures best practices in book keeping and accounting for all transactions. · Maintain a competent finance team that provides up-to-date and accurate information to the business at all times. · Work closely with tax authorities to ensure full compliance and minimize exposures to the business. · Promote good capex management practices and reporting as per Group Policy. · Ensure good record keeping system for the business. · Ensure proper management of the treasury functions which guarantees efficient cash management practices. · Ensure that the IT systems are adequate and support the current and future needs of the business. · Lead the supplier management drive to ensure efficiency and promote continuous production. · Design and implement credit policy for the business, which promotes good management of accounts receivables portfolio and reduce bad debts. · Ensure efficient working capital management practices are entrenched. · Review and sign off month end file and provide to MD. · Promote good corporate governance practices within the business which ensure that the business remains a viable and responsible entity. · Ensure that the company has sound internal controls which are adequate to address its needs. · Practice performance management to ensure the finance team is well engaged and that proper succession planning is entrench to promote going concern. · Provide safe and sound work environment for the finance team and support initiatives that minimizes the business risk. · Promote key external stakeholder engagements which are necessary to enhance healthy business relationships and support business continuity. · Liaise with 3rd party legal service providers to ensure that the company’s legal challenges are adequately addressed. · Ensure risk management is entrenched. · Work closely with Insurance Brokers to ensure the business is adequately covered at all time. · Develop and direct Procurement vision, strategic targets and “Ways of Working” in conjunction with CCBA Group Office Procurement and business short, medium and long-term goals and plans. · Work with CCBA Group Office Procurement Teams to develop category strategies for CCBA categories in alignment with the Internal Stakeholder requirements. · Support key sourcing initiatives and management of selected key suppliers for In-Country Sourced Commodities · Support CCBA Procurement category execution by leading contract implementation & driving contract compliance · Manage supplier relationships on country level · Manage internal customer relationships and satisfaction on country level · Drive Procurement performance efficiency and capacity optimization. · Analyze data; financial and non-financial, so as to inform management on macro-economic trends which underpins forecasts and budgets. · Co-ordinate the budgeting process and ensure budgetary controls are maintained. · Ensure best practices of costing, pricing and inventory management are followed. · Prepare and periodically review Bill of Materials (BOM) to ensure relevance and that the variances are within acceptable specifications. · Maintain healthy relationship with the Group Office and Group Finance offices to ensure the operation is abreast with current developments and reporting requirements. · Ensure that all financial statements and reports are properly and timeously prepared, communicated and distributed as required. · Provide business support services to all departments. · Runs finance literacy programs for other departments and depot to ensure that they are in line with finance requirements. · Assign finance staff to specific departments to ensure prompt response to their requests and queries. · Promote performance management and reward excellence · Promote healthy competition among staff to achieve excellence. · Provide strategic leadership to the finance team. · Create opportunities for the team to participate in continuous professional development (CPD) to be abreast with current industry and professional developments. · Promote good time management and reporting excellence. · Meeting with tax authorities on a quarterly basis. 9. In collaboration with GO, build and embed superior Finance capabilities: · Share best practices for use in the broader CCBA business. · Identify local best practices and capabilities and share with HQ for use in other countries · Participate in communities of practice led by GO. · Provide support, coaching and guidance on the use of best practices and capabilities. · Minimum requirement: Bachelor's Degree in Accountancy with professional accountancy qualification such as ICAG, ACCA or CIMA; must be a professional member in good standing. · Added advantage: Master Business Administration in Finance. Minimum requirement: Ten (10) years accounting and financial management experience with at least 5 years of financial management experience within a multinational manufacturing business environment.

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