Commercial Finance Controller

Red Bull’s mission is clear: we Give Wiiings to People and Ideas. Global, national and local marketing teams in over 170 countries around the world accomplish this in unique ways. We inspire, encourage, challenge and empower people to make the most of their time and talent to bring the best ideas to life. Since 1987, Red Bull has continually captured the world’s attention with 'beyond the ordinary' initiatives, events and projects including Red Bull Flugtag, Red Bull Stratos, Red Bull BC One, Red Bull Cliff Diving and countless others. PURPOSE OF THE JOB The purpose of the role is to ensure financial stewardship of the business through engaging in cross functional decisions through the preparation, presentation and influence of valuable analytical insights, which will ultimately impact the profitability and cash flow of the organisation, by acting as the key financial counterpart of Off/On Premise.

1. GENERAL: Guarantees full compliance with the Group Controlling guideline. Designs the SAP (GL, IO) and BI (Customer, Channel, SKU) systems and reporting setup to perfectly mirror the responsibilities in the sales organization. Measures and reviews the cost/benefit ratio of proposed Off/On Premise activities. Ensures a timely distribution of financial information (plan & actual) to budget holders by sending out reports, system access and presenting the information in regular meetings. Promotes efficiency in Controlling in order to minimize time spent for report generation and increases time for analysis, commenting and insights sharing. Supports the establishment of a true bottom up planning process and the development of a local planning calendar based on the group planning timetable allowing for sufficient review time and feedback cycles. Contributes to a high forecasting accuracy of BP/RE and long term forecasts. Builds a solid relationship with budget holders based on mutual respect and trust. Is driven through a service mentality by sharing insights, by supporting budget reallocations, by ensuring overall budget adherence, by acting as a facilitator to achieve objectives, by highlighting risks and opportunities, by providing financial simulations, by developing business cases for new projects and by upholding business budget guidance and policy. Manages fact and knowledge basis, spreads and exchanges information. Key User for SAP/BI, VCM (Value Chain Management), PET (Promotional Evaluation Tool) 2. MONTH END /YEAR END CLOSING: Maintenance of customer hierarchy in BI. Coordinates (consolidates and checks) monthly JAT and Trade Marketing accruals from Off & ON Premise teams incl. IFRS15 accrual). Analyses and explains variance of actuals vs Business Plan/Revised Estimate data Prepares actuals report and share it with key budget owners Addresses budget risks and opportunities (under/over spendings) to key budget owners Support with data during IFRS audit 3. PLANNING & FORECASTING: Coordinates the Business Plan/Revised Estimate/Latest Estimate data with budget owners. Supports and challenges the budget owners during the planning process Prepares year to go best estimates, considering reasonableness of plan and market conditions. Prepares forecast based on the S&OP process and articulates changes to plan. Highlights risks and opportunities within the forecast and appropriately challenges inputs and outputs where necessary. Ensures accurate forecasting and clarity of drivers, resulting in robust and timely decision making. Works in collaboration with budget owners to ensure the delivery to the Full Year plan each month. 4. REPORTING & ANALYSIS: Prepares the customer profitability report vs. RE/BP. Prepares the monthly accrual reconciliation (vs plan/agreement) and commentary. Contributes and prepares to the inputs and insights of the promotional evaluation tool (PET) quarterly. Calculates