Costing Manager
Job Title: Costing Manager
Contract: Permanent
Location: Budapest
About the Function
Diageo's operation in Budapest has been established for more than 15 years. During this time it has grown to have an employee base of more than 1000 people (around one third of all Finance people in Diageo) providing services relating to the End to End Commercial, Financial Controlling (including financial controlling for Supply) and Business Performance Management processes.
As part of Global Supply Chain and Procurement department (GSC&P) provides oversight on financial activities and controls including general accounting, management and external reporting and financial planning and analysis. The tower is responsible for the interpretation of financial and statutory data, the coordination and management of financial and statutory reporting, the management of the P&L and balance sheet delivering solutions that will increase insight and transparency. Tower responsibilities also include ensuring there is a true and fair representation of business performance at the cut-off point for the period and transparency on financials for Business Performance Management.
About the Role
Purpose of the Role
The purpose of the role is to drive the annual SKU reset for their dedicated region, manage monthly recoveries reporting and support ongoing Innovation and Brand Change projects (innovation, renovation, etc.). Costing Manager is leading a team of 5-6. Willingness and capability of managing BAU processes and changes through the Costing Team is a must.
Top Accountabilities
- Line manage Costing Analysts in the team
- Drive SKU reset process through external and internal stakeholders for assigned regions
- Calculate of the overhead activity rates (labour, plant, central overheads or PMUDOS) in the annual SKU reset.
- Manage annual/monthly production cost recoveries & production accounting reporting process (provision of AOP, monthly analysis of variances, forecasting)
- Ensure that the monthly ML cycle is successfully run and all errors are followed up
- Provision of indicative costings for complex projects
- Standardisation / Simplification - in collaboration with other Costing colleagues, simplifying and standardising costing processes into a single way of Costing.
- Finance Excellence - working with the Costing Senior Manager to develop and embed Costing rules across the brand change and supply finance community, ensuring these are clearly understood and adhered to
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About You
- University or College degree in Economics or Finance and Accounting
- Costing and/or Financial Controlling, FP&A experience is preferred
- 5-6 years experience in relevant area
- Basic accounting experience
- Experience in a global FMCG or similar dynamic operating environment
- Strong financial / commercial analysis background, proven ability to communicate with stakeholders at varying levels and the ability to flex to different market environments/ cultures
- Have the ability to think broadly when a system related challenge occurs and extract data in a way that supports decision making
- Fluent English knowledge
Flexible Working Statement
Flexibility is key to our success. Talk to us about what flexibility means to you so that you're supported to manage your wellbeing and balance your priorities from day one.
Diversity statement
Our purpose is to celebrate life, every day, everywhere. And creating an inclusive culture, where everyone feels valued and that they can belong, is a crucial part of this. We embrace diversity in the broadest possible sense. This means that you'll be welcomed and celebrated for who you are just by being you. You'll be part of and help build and champion an inclusive culture that celebrates people of different gender, ethnicity, ability, age, sexual orientation, social class, educational backgrounds, experiences, mindsets, and more.
Our ambition is to create the best performing, most trusted and respected consumer products companies in the world. Join us and help transform our business as we take our brands to the next level and build new ones as part of shaping the next generation of celebrations for consumers around the world.
Feel inspired? Then this may be the opportunity for you.
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Perks and Benefits
Health and Wellness
- Health Insurance
- Health Reimbursement Account
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- FSA
- FSA With Employer Contribution
- HSA
- HSA With Employer Contribution
- Fitness Subsidies
- Pet Insurance
- Mental Health Benefits
Parental Benefits
- Birth Parent or Maternity Leave
- Non-Birth Parent or Paternity Leave
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
- Adoption Leave
Work Flexibility
- Hybrid Work Opportunities
Office Life and Perks
- Commuter Benefits Program
- Casual Dress
- Happy Hours
- On-Site Cafeteria
- Holiday Events
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
- Leave of Absence
- Volunteer Time Off
Financial and Retirement
- 401(K)
- Pension
- Stock Purchase Program
- Performance Bonus
- Relocation Assistance
Professional Development
- Tuition Reimbursement
- Promote From Within
- Mentor Program
- Access to Online Courses
- Lunch and Learns
- Internship Program
- Leadership Training Program
- Associate or Rotational Training Program
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)
- Woman founded/led
Company Videos
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