At a Glance
- Tasks: Be the financial co-pilot for our Consumer Marketing Team, managing budgets and forecasts.
- Company: Join Red Bull UK, a dynamic company known for its innovative approach and vibrant culture.
- Benefits: Enjoy a collaborative work environment with opportunities for growth and development.
- Why this job: Shape financial strategies while working with passionate teams in a fast-paced setting.
- Qualifications: Strong finance background required; ACA, ACCA, CIMA or equivalent preferred.
- Other info: Diversity is valued here; everyone is welcome to bring their unique ideas.
The predicted salary is between 48000 - 72000 £ per year.
This job is brought to you by Jobs/Redefined, the UK’s leading over-50s age inclusive jobs board.
Red Bull UK is currently recruiting for a Senior Finance Business Partner FTC 18 Months to be based in London, UK.
Be co-pilot and sparring partner to the Consumer Marketing Management Team: creating visibility and control of multi-functional multi-stakeholder project and cost matrix budgets and investment decisions; ensuring contract terms and compliance support accounting guidelines; setting up and leveraging systems to enable data driven decisions; and influencing cross functional partnerships that unite teams to deliver of our long term strategy.
Lead, manage, and develop the market’s FP&A strategy: lead the annual forecast process across the UK business; lead the monthly forecast process + reporting to the Regional Finance Team; develop reporting and analysis suite to evolve business financial insights that will shape the annual plans + financial strategy. Stakeholders will range from local budget owners up to Directors, Regional + HQ Finance teams.
RESPONSIBILITIES
Areas that play to your strengths
All the responsibilities we’ll trust you with:
- GENERAL
Guarantees full compliance with the Group Controlling guideline. Designs the system setup, to perfectly mirror the responsibilities in the organisation. Promotes efficiency in Controlling in order to minimize the time spent with report generation and maximize the time for analysis, commenting and insights sharing. Supports and establishes a true bottom up planning process, with high forecasting accuracy. Measures and reviews the cost/benefit ratio of proposed activities. Builds a solid relationship with budget holders based on mutual respect and trust. Is driven through a service mindset: sharing insights, supporting budget adherence and reallocations appraisals, identifying budget deviations and respective causes, and developing project business cases.
- MONTH END CLOSING
Verifies the overall costs and revenue recognition cut-off for multiple profit centres. Coordinates the monthly accrual process following the cost revenue matching principle, and calculates timing accruals across both companies. Guarantee that all marketing costs and revenue are properly accounted for and analyzed vs forecast scenarios, and that balance sheet positions and reconciliations are accurate. Ensures master data quality of internal order hierarchies, reconciling where necessary. Coordinates, prepares, reviews MEC deliverables across Commercial Finance, and consolidates and circulates reporting packs with commentary to support the Controlling team.
- REPORTING & ANALYSIS
Ensures timely distribution of financial information to every budget holder by sending out reports, by allowing system access and by presenting the information in regular meetings. Prepares and distributes reports on aggregated or on detailed level, comparing month, YTD, YTG, FY vs multiple comparatives, including comments on brand, project, event using SAP, BI, Hyperion, for budget owners + management. Performs ad hoc analysis when required.
- PLANNING & FORECASTING
Coordinates, reviews, inclusively challenges, and aligns Consumer Marketing budget forecasts (phasing, YTG, FY, FY+1), data collection, data entry, and deadlines with Marketing team. Aggregates/consolidates the individual plans to a total plan. Identifies risks/opportunities within budgets to reforecast spend and update monthly outlooks. Lead the annual forecasting process by: Translating Group forecast timetable into an annual, locally relevant project for all Business Partnering functions; managing weekly communications that create clear deliverables and deadlines, an engaged accountable business, and an interconnected, accurate business plan in as simple a way as possible. Support Tax & Accounting team on the Balance Sheet planning with Marketing Accruals, Project Contract terms and cut over, Project Accounting treatments.
- BUSINESS PARTNERSHIP
Co-pilot and sparring partner for the Marketing Management Team, and their direct reports relating to project spend, Athlete/Agency/Supplier contract terms, forecasts, investment appraisals, and financial deliverables. Supports Marketing Management Team in budget reallocations and financial modelling. By leading the annual forecasting project, created an interconnected market across key stakeholders.
EXPERIENCE
Your areas of knowledge and expertise
that matter most for this role:
- Strong experience in controlling, FP&A, finance business partner role in consumer goods.
- Qualified finance professional (ACA, ACCA, CIMA or equivalent, QBE).
- Good experience of, and extremely comfortable in an incredibly fast paced environment, with endless proactivity and initiative to find answers, problem solve, and work as a team.
- A structured, well-organised individual, with excellent attention to detail and influencing skills, able to manage own workload, tenacious, self-motivated, and self-directed, comfortable under pressure in a fast-paced team environment.
- Highly analytical, inquisitive self starter with a desire to improve the status quo at all times, the ability to quickly identify and assess risks and impacts, and able to define alternatives.
- Numerate, process orientated, personable, outgoing character able to build strong relationships with their stakeholders and provide constructive input with a demonstrable service/work ethic.
- Good communication and presentation skills. Capable of communicating precisely and effectively, based on facts, with internal stakeholders up to Leadership Team level.
- Clearly demonstrates the values and behaviours of Red Bull with a strong affinity to the brand.
- IT literate, excellent knowledge of the following tools: MS Excel, SAP BI, Hyperion.
WHERE YOU’LL BE BASED
London, England, United Kingdom
JOIN THE TEAM
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Senior Finance Business Partner FTC 18 Months employer: Red Bull
Contact Detail:
Red Bull Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Finance Business Partner FTC 18 Months
✨Tip Number 1
Familiarize yourself with Red Bull's brand values and culture. Understanding their mission to give people 'wiiings' will help you align your approach and demonstrate your fit during interviews.
✨Tip Number 2
Network with current or former employees in finance roles at Red Bull. They can provide insights into the company culture and expectations, which can be invaluable for tailoring your approach.
✨Tip Number 3
Prepare to discuss specific examples of how you've successfully managed budgets and forecasts in fast-paced environments. Highlighting your analytical skills and ability to influence stakeholders will resonate well.
✨Tip Number 4
Showcase your proficiency with tools like MS Excel, SAP BI, and Hyperion. Be ready to discuss how you've used these tools to drive financial insights and support decision-making in previous roles.
We think you need these skills to ace Senior Finance Business Partner FTC 18 Months
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Senior Finance Business Partner position. Understand the key responsibilities and qualifications required, and think about how your experience aligns with these.
Tailor Your CV: Customize your CV to highlight relevant experience in controlling, FP&A, and finance business partnering within consumer goods. Use specific examples that demonstrate your analytical skills and ability to work in fast-paced environments.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the brand. Mention your strong communication skills and how you can contribute to the Marketing Management Team as a co-pilot and sparring partner.
Highlight Technical Skills: Make sure to emphasize your proficiency in tools like MS Excel, SAP BI, and Hyperion. Provide examples of how you've used these tools to drive financial insights and support decision-making in previous roles.
How to prepare for a job interview at Red Bull
✨Understand the Role and Responsibilities
Make sure you have a clear understanding of the Senior Finance Business Partner role. Familiarize yourself with the key responsibilities such as managing FP&A strategy, coordinating monthly accrual processes, and ensuring compliance with accounting guidelines.
✨Showcase Your Analytical Skills
Prepare to discuss your analytical abilities and how you've used them in previous roles. Be ready to provide examples of how you've identified risks and opportunities within budgets and how you've contributed to financial insights that shaped business strategies.
✨Demonstrate Your Communication Skills
Since this role involves working closely with various stakeholders, practice articulating your thoughts clearly and effectively. Be prepared to discuss how you've communicated complex financial information to non-financial stakeholders in the past.
✨Highlight Your Experience with Financial Tools
Be ready to talk about your proficiency with financial tools like MS Excel, SAP, and Hyperion. Share specific examples of how you've leveraged these tools to enhance reporting and analysis in your previous positions.