Finance Analyst
Tanzania

External Job Description

Context/Scope:
Tanzania is the largest country in East Africa by geography and by population (approx 42m
people, with a growth rate of 2.8%). It is a member of the East African Community whose headquarters is in Arusha in Tanzania. The largest population, however, is in Dar es Salaam, which is the commercial capital. 
Serengeti Breweries Ltd (SBL) operates exclusively in Tanzania and is the 2nd largest beer company with a market share of 27%. It is an integrated demand/supply business with 3 operational breweries in Dar and Mwanza, and a third one in Moshi, which is situated in the northern part of the country near the Kenyan border. SBL’s flagship brand is Premium Serengeti lager, which accounts for 50% of SBL sales volumes. The other beer brands are Tusker, Tusker Malt Larger and Pilsner.

This role will interface with all the departmental heads, cross functional BPM and BSC teams across the Group Companies, CARM leads within the business, external auditors and some suppliers.

Market Complexity:
SBL operates in a competitive environment and in a vast geography. The main player in the beer industry is Tanzania Breweries Ltd. (TBL), a subsidiary of SABMiller, who until recently were a third party manufacturer of EABL brands Tusker, Pilsner and Guinness. As a result of the cessation of the agreement between TBL and EABL, there is heightened competitive activity in that market.
Inflation rates remain high in Tanzania (7.5% expected in F11) and average income per capita is less than 1 USD per day. The GDP growth is estimated at 6.4% and is expected to grow to 7.1% as investment, trade and tourism pick up. There is growing consumer affluence and consumerism, giving rise to greater opportunities in our product categories.
Leadership Responsibilities:
Build great relationships with those you work with and demonstrate personal integrity that inspires others
Stand in the future, anticipate trends and opportunities and act upon them
Be imaginative in finding solutions to issues and pursuing opportunities for the business
Ensure controls are in place to guarantee Diageo’s performance and reputation
Grow your commercial capability and experience. Look for and respond to feedback

Purpose of Role:
Leadership – provide leadership coaching and development for supply finance team to enable great business partnering and controls awareness at each site.  Act as primary business partner for SBL Supply Chain Director and support in delivery of controls agenda as well as performance analysis and reporting to SBL Executive and EABL leadership teams. 

Performance reporting – deliver monthly general ledger reporting for Cost of Sales, Distribution, Supply site overheads, fixed assets and inventory to a igh standard that enables quality business insight generation.

Controls and compliance – direct oversight and stewardship of inventory management controls with particular regard to the monthly inventory physical verification exercise of inventory and annual verification exercise of fixed assets across each site.
TOP 3-5 Accountabilities:
Identify cost saving and production efficiency opportunities through the Supply Chain operations at each site to deliver and beat annual performance targets
Ensure accuracy and quality of financial information on Cost of Sales, Logistics and Inventory, including completeness and quality of performance analysis; 
Manage Inventory forecast to deliver general working capital
Support Supply Director in Supply projects including Capex and cost initiatives
Satisfactory CARM and GAR audit results across the production sites and in areas of Cost of Sales and Inventory management.

Qualifications:
Degree level with strong academic record preferably B. Comm./ BBA (Accounting option)
Qualified accountant (CPA/ACCA)

Experience:
2-3 years Supply finance or general business experience. SAP use is an added advantage


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