Innovation Finance Manager

Diageo

2d

About The Position

In this role you will gain a deep understanding about what drives product performance, from commercial volume drivers through the value chain to operating profit. You will engage with a wide variety of partners, innovation & marketing, supply, procurement, revenue growth management and other finance teams. Purpose The Innovation Finance Manager is the finance business partner to the NAM Innovation team, responsible for the innovation brand portfolio across US Spirits and Diageo Beer Company (DBC). The primary purpose of the Innovation Finance Manager is to support innovation project teams to improve financial outcomes by providing financial analysis and decision support, all the while upholding an effective control environment. However, the role also includes providing strategic guidance on the overall innovation portfolio to ensure it is aligned with the region’s ambition and objectives, leading performance management of innovation launches and consolidating the overall ambition for the short-term and long-term plan. The Innovation Finance Manager is also the key Finance point of contact for NAM senior leadership. You will be responsible for providing financial expertise to influence decision making, plan with the Innovation Leadership Team (regional and global) to ensure appropriate prioritization and alignment to business needs and provide transparent financials insights to internal and external partners. This role reports to the NAM Innovation Finance Director and works directly with the NAM Innovation team and with a number of functional experts across Finance, Marketing, Commercial and Supply.

Requirements

• Bachelor’s degree educated (professional qualification desirable (CA/ACCA/CIMA/CPA/MBA)).
• 5+ years of professional experience in a dynamic operating environment with a strong foundation in finance, demonstrating career advancement and increasing responsibilities.
• Finance experience in consumer goods, beverage alcohol preferred.
• Ability to think strategically.
• Understands key business drivers and the external market.
• Excellent analytical and problem-solving skills.
• Strong communicator.
• Team player and inspiring collaborator.
• Works with moderate levels of independency.
• Interpersonal and influencing skills.
• Strong project and budget management capabilities.
• Able to operate optimally with ambiguity.
• Applies judgement and is accountable for own work.

Nice To Haves

• Finance experience in consumer goods, beverage alcohol preferred.
• professional qualification desirable (CA/ACCA/CIMA/CPA/MBA)

Responsibilities

• Support strategic planning process by building and maintaining master Innovation pipeline.
• Performance management process to track Innovation launches, develop insights and influence business outcomes in the short/medium term.
• Deliver complete P&Ls (multi-year) as well as financial insights and risk identification for products going through the Innovation process.
• Support the decision-making process (Innovation project teams, Finance gatekeeper) through scenario-building, and critical review of P&L inputs received from various members of the Innovation project team (including Commercial Innovation, Product Costing, Marketing and Sales).
• Find opportunities to strengthen innovation profitability or reduce financial risk in Innovations.
• Influence A&P investment decision making and improvement in commercial drivers.
• Identify opportunities to drive greater efficiency and effectiveness of Innovation Finance activities.
• Involvement in regional and global initiatives to improve the Innovation Finance function.
• Support budget tracking to ensure effective spend on innovation.
• Balance multiple priorities, including high volume of projects, business partnering and supporting innovation agenda, broader finance agenda and Innovation Finance continuous improvement.

Benefits

• US-based employees are eligible for healthcare benefits, retirement benefits , short-term and long-term disability coverage, basic life insurance, wellness benefits and industry leading parental leave, among others.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level