About Us
Treasury Wine Estates (TWE) is one of the world’s largest wine companies, and we are proud of our portfolio of brands that have tremendous heritage, rich quality, and a reputation for excellence across the globe. At TWE, we are led everyday by our purpose, Boldly Cultivating. We are boldly cultivating value through our brands, wine, people & environment for enriched and joyful communities.
At TWE we cultivate our teams to be their very best. And in turn, our people push us to make bigger and bolder decisions. Our focus on Boldly Cultivating unites us as a global team and fuels our vision to become the world’s most desirable luxury wine company – known for the experiences we create for our consumers, customers, partners, suppliers and our people. Learn more about our people promise and our renowned portfolio of global brands.
About the role
This role leads the in-region R2R operations within a global shared services framework, ensuring accurate and timely financial close, supported by an offshore delivery team.
This role provides oversight and governance of audits, statutory and regulatory reporting requirements for multiple legal entities, while driving process efficiency and continuous improvement across onshore and offshore activities to enable global standardisation.
As a member of the Europe Finance Leadership Team, & dotted reporting line into the Europe Finance and commercial planning Director, the position partners with regional and global stakeholders, building strong relationships, facilitating appropriate business ownership within process end-to-end.
The role is supported by an onshore Finance Analyst who’s primarily responsible for the co-ordination of the regional statutory reporting requirements, and will provide support across Europe R2R activities.
Financial integrity of the balance sheet:
Ensure timely month-end, quarter-end, and year-end month end close processes are operating effectively in region, with support from relevant business SMEs and offshore delivery team.
Validate the accuracy, integrity and completeness of journal entries, balance sheet reconciliations, governance requirements and reporting prepared by the TBS onshore and offshore team.
Perform regular balance sheet reviews to ensure the accuracy and proper classification of account balances, including monitoring and supporting timely resolution of unknown and aged open items, and leading the sustainable resolution of underlying process gaps for finance operations.
Identify, escalate and support mitigation of financial risks related to the balance sheet, reporting, journals and reconciliations.
Ensure global accounting policies across entities are consistently applied and adhered to.
Support Global R2R Finance peers in the preparation of consolidated reporting, providing regional insights and analysis (mainly for revenue cut off/recognition at balance dates, stat account analysis, and insights supporting the governance activities).
Partner with the regional finance teams to build mutual understanding of the commercial business performance & balance sheet activity, to assist in the identification of potential risk in the balance sheet that may impact the P&L (and vice versa).
R2R Lead
Lead the RTR BPO Europe team to ensure month-end, quarter-end, and year-end close activities are timely, complete and accurate for journals, balance sheet reconciliations and reporting prepared by the RTR team.
Provide training and guidance to offshore teams on evolving policies, controls and changes to business processes, including supporting the transition of new activities into R2R as and when they arise.
Provide coaching and support to enable continuous improvement, driving global standardisation and efficiency, thinking global not just local.
Ensure control gaps, within offshore team processes, are mitigated, implemented & document corrective actions - with support of business SMEs as required.
Monitor the performance of the BPO team, including KPI / SLAs, error rates relating to offshore delivery responsibilities.
EMEA Statutory Accounts:
Responsible for the preparation of, planning, governance processes and engagement with external accounting providers, external auditors and external company secretarial services to ensure the timely and accurate completion, audit and lodgement of Statutory Accounts for 14 legal entities.
Primary in region point of contact for executive and non-executive directors.
Responsible for drafting technical memos consistent with TWE Group practices, with technical accounting expertise and support provided by TWE Group Finance (based in Australia), and the Europe Finance Director.
Work in close partnership with Group Finance, Group Tax, Group Treasury, Regional Senior Finance Managers, Regional Commercial Finance & Supply Finance, Risk & Assurance, internal and external accounting providers and auditors.
Continuous Improvement & Projects: .
Work closely with Global R2R Leaders to ensure all accounting activities across RTR process are executed effectively and efficiently with appropriate controls, with an end to end view
Support continuous improvement through elimination, standardisation and automation without business disruption. Working closely with Business SMEs/Stakeholders to achieve E2E efficiencies where possible.
Represent TBS / R2R on strategic projects in region including business changes, market changes, regulatory changes, system integrations and process changes.
About you
Minimum 5-7 years’ experience Big 4 audit experience is preferred
Experience in similar industry (FMCG, Manufacturing, Food & Beverages) ideal
People Management experience, as well as an ability to work individually.
Strong understanding and proven experience in financial control activities, leading external audit procedures, and delivery of statutory reporting requirements.
The person needs to be able to evidence a structured, organised approach to ensure quality outcomes are delivered in accordance with tight timeframes. This is particularly pertinent in the context of ensuring local statutory reporting deliverables re lodged / prepared on time.
Experience managing an offshore / BPO team preferred and commitment to change and effectiveness though shared service model
Must be confident, self-starter who is willing to engage with staff at all levels.
Strong ability to influence.
Highly collaborative with others across the global Finance teams and other functions to ensure key learning and best practices.
Very good analytical skills.
High interpersonal & communication skills.
Travel to Mumbai as required.
Knowledge of JDE, Blackline & HFM useful
Culture
We bring our whole selves, we’re courageous and we deliver together – that’s our DNA. We’re a passionate bunch who enjoy working together, like to have fun and keep things down-to-earth. We’re brave enough and care enough to have the right conversations to get the best outcome and are famous for our can-do attitude. We’re definitely “glass half full” people and see challenges as opportunities and move with pace to achieve our goals.
If you’re ready to help us be the world’s most admired premium wine company, please apply now!
Inclusion and Diversity
Just like the wide range and variety of brands in our wine portfolio, TWE embraces diversity and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin or on the basis of disability. If you require any assistance to be included in our process, please contact recruitment@tweglobal.com, quoting the job title and reference number.
How to apply
We move quickly at TWE and continually review applications, so if you don’t want to miss out, apply today.
Please note that cover letters are not required (we really mean this!) All applicants will receive an email to invite them to complete online assessments that will cover three areas: personality profile, cultural fit and a cognitive assessment. The assessments should take around 30 minutes in total and you will be able to download a report at the end of it. We will then be in touch ASAP to update you on how your application is progressing. We ask you to try to complete the assessments ASAP – ideally within 24 to 48 hours.
Note that we prefer to deal with you directly; we haven’t briefed a recruitment agency on this role and won’t be accepting CVs through any recruitment agency, so please apply directly.
