Junior Manager - Financial Reporting

Context/Scope:

Global Diageo Business Services (GDBS) is a global multi-functional shared service entity that processes DIAGEO-wide transactions across various world regions.

Diageo Business Service India (DBSI) is a Diageo Business Shared Services Centre (BSS) servicing the Diageo Africa, APAC, Europe, America markets. Processes in scope at DBSI are Order to Cash, Source to Pay, Record to Report, Data Management & Financial Controllership.

Dimensions

RTR Junior Manager reports to Assistant Manager. Liaises with other internal & external stakeholders.

Market Complexity:

DBSI currently provides services to 250+ legal business entities in different geographies and works very closely with other shared service centres.

The role covers operations in the complex markets of Europe Demand and Supply region. The geographies are complex covering demand and/or integrated supply businesses producing beer, spirits, RTDs and Consumer Soft Drinks.

Purpose of Role:

• Ensure smooth and accurate month-end closes
• Ensure that management and statutory reporting is completed accurately and on time and that the surrounding internal control procedures are strictly adhered to.
• Contribute ideas, energy, enthusiasm and support to the continuous
• improvement of the financial and operational process

• Executional excellence - should prepare reports and provide solutions on a simple and straight forward way
• Challenge to improve - should focus on improvement opportunities by positively challenging existing forms and ways of working
• Control focus - a controlling mindset is inevitable to contribute to the design and operation of our control environment
• Positive intent and personal impact - interact with various departments with a positive outlook when looking for solutions.
• Has the self-confidence to present own ideas and convince other in a motivating way.

• Posting accruals and support accruals calculation
• The entity owner is responsible for performing BFC reporting specifically clearing the validation errors , sending standard Publish approval email to FC & getting the pack approved
• PBC(Prepared by client) should be given by the market for details like employee count
• League table commenting
• Comply with controls, applicable control is C0177, C0169,C0174, C0170, C1316, C1317, MF004, C0205.
• Perform BS GL reconciliations, Variance analysis
• Help the team to prepare for external & internal audit (both group and statutory)
• Update annual statutory reports (BS, CF, PL and appendix).
• Responsible for daily operational accounting and financial activities. Solves arising issues, liaises with stakeholders and with other financial colleagues to solve specific issues.
• Participate to the month-end close, BFC reporting and reconciliation process in accordance with the agreed internal and group timetable. Ensure the completeness and the accuracy of financial records.
• Working closely with other in-house and local financial teams (Commercial Finance, Costing, BPM, FP&A, Compliance, Cash Cycle, Treasury, Tax, etc...)
• Liaise with outsource providers and actively participate on the captive migration RTR project.
• Driving issue resolution, pro-actively seek out better ways of doing things and drive implementation of "simpler, faster, better" processes and ways of working.
• Proactively suggests improvements/additional control points to build in and takes an active part in process improvement projects, in implementation and in the follow up.

• Graduate in Finance or Accounting
• 7+ years experience in accounting, technical accounting skills is required
• Financial Reporting (end to end view of Financial Statement Preparation)
• Legal entity controllership
• Stakeholders management
• Process Expertise and improvement
• Capable of working in a deadline driven environment.
• Experience of working in a multi-national SSC environment
• Has customer focus to be able to build excellent relationships with relevant internal and external customers
• Hard working personality, flexibility
• International (part) qualification (IAS/UK/US GAAP) is an advantage.

• Good business English, able to communicate effectively

• MS applications
• Relevant experience with SAP FI /CO modules
• Strong Excel knowledge

• Inability to work as part of a team
• Lack of communication and language knowledge skills
• Lack of positive attitude
• Lack of personal motivation/drive
• Insufficiently open-minded and not flexible
• Not willing to take ownership