Head of Commercial Finance

In 1987, Red Bull not only launched a completely new product, it also created and has led ever since a whole new category, Energy Drinks. Today Red Bull employs around 18,000 people in over 177 countries, selling over 12 billion cans last year. The World of Red Bull provides the forum for you to use your talent and passion, to develop & grow yourself and make an impact through our purpose of giving wings to people & ideas.

The Head of Commercial Finance is responsible for the financial partnership of Red Bull Australia’s operational teams, through the preparation, presentation and influence of valuable analytical insights which encourage more informed decision making. The purpose of the role is to ensure financial stewardship of the Business through engaging in cross functional decisions which will ultimately impact the profitability and cash flow of the organisation. 

STRATEGIC BUISNESS PARTNERSHIP

• Lead commercial finance function as key partner to Australian Leadership Team and their direct reports  

• Provide strategic insights and decision support to sales and marketing and ops teams 

• Challenge and influence business decisions through data-driven recommendations, particularly on volume and trade spend. Provide suggestions and insights for long term sustainable growth 

• Drive customer profitability and business partner commercial acumen through: 

• Understanding and managing key trade terms agreements and evaluating joint business partnership initiatives

• Analyzing ROI on trade investments and assessing new product launch impacts 

• Prepares scenarios and simulations with the input from the budget owners and models the revenue and/or efficiency impact  

• Collaboration with Revenue Growth Manager to optimize customer profitability 

• Supports the budget owners in budget reallocations and ensure overall budget adherence 

FP&A and Controlling

• Guarantees full compliance with the Group Controlling guideline 

• Lead annual business planning and monthly forecasting cycles 

• Coordinate bottom-up planning process aligned with group planning timetable 

• Coordinates the Business Plan/Revised Estimate data collection and data entry 

• Contributes to a high forecasting accuracy of business plans, revised estimates and long-term forecasts  

• Supports, challenges and influences the budget owners during the planning process, in alignment with business priorities 

• Prepare and present monthly financial performance to Leadership Team, including: 

• Co-ordinating monthly reporting timetable and deliverables with business partners to support P&L management 

• MTD, YTD, and FY performance analysis, including market share and competitive landscape. Evaluate year-to-go estimates and risk/opportunity assessments, providing strategic recommendations 

• Drive P&L ownership and accountability across the business 

SYSTEMS AND REPORTING

• Preparation of regular and ad hoc ALT, Regional and Group presentations 

• Responsible for financial management reporting from various sources including BI (Business Intelligence) and Hyperion Financial Management 

• Manage critical business tools, including CPM Tool (Customer Profitability Management) and BI Input Forms and BI Reporting 

• Ensures a timely distribution of financial information (plan & actual) to every budget holder by sending out reports, by allowing system access and by presenting the information in regular meetings 

• Gives clear reporting of customer performance vs the Business Plan or Revised Estimate, via outputs from CPM Tool to the respective budget owners 

• Gives clear reporting of activity based projects or Indirects performance within BI Reporting to budget owners 

• Drive efficiency in reporting processes to maximize time for analysis and insights 

TEAM LEADERSHIP

• Provide strategic direction, energy and thought leadership to the Commercial Finance team, building trust, confidence and belief in our future vision 

• Build a high performing team culture through coaching and development 

• Manage team recruitment, performance, and capability building 

• Foster strong cross functional relationships, particularly with Sales, Marketing, and Supply Chain 

• Drive continuous process improvements and best practices across the function.   

• 8+ years’ demonstrated experience in a commercial finance role within a complex FMCG business (sales commercial finance experience preferred)

• Ideally 5+ years’ direct people leadership, demonstrating experience in coaching for performance and setting vision and expectations for the team 

• Degree in Finance with relevant post graduate qualification (CPA / CA / MBA) 

• Advanced excel and modelling skills.  Proficient MS PowerPoint knowledge. Familiarity with any integrated business analysis tool is a strong plus (SAP BI / Cognos / Hyperion) as well as external business tools (Aztec / AC Nielsen) 

• Excellent stakeholder management skills, at all levels, paired with outstanding communication and presentation skills

• Strong negotiation and influencing skills. Ability to hold people to set recommendations, guidelines or processes 

This is a permanent full-time position with Red Bull Australia, meaning we can only consider Australian or New Zealand Citizens, or Permanent Residents.

Thank you recruitment agencies, but we will be hiring this role directly.

You warrant that:

• You have read and understand the Privacy Statement and the Red Bull Australia Privacy Policy.
• You are qualified to work in Australia and understand that Red Bull Australia may require you to provide evidence of this to comply with its obligations under the Migration Act 1958 (Cth).
• All the information you have submitted to Red Bull Australia Pty Ltd (including via this application and any attachments) is true, accurate and complete. You understand that if any information you have provided is false or misleading we may reject your application, review any employment offer made to you and potentially dismiss you from any employment with Red Bull Australia Pty Ltd.