AB-In Bev - Manager - Hedge & Derivative Specialist

Manager - Hedge & Derivative Specialist (AB InBev Global Capability Center) Hybrid

Reporting to : Senior Manager

Purpose of the Role :

- Oversee the team of 3-5 people

- Run and analyze accounting entries for financial instruments, such as bonds, intercompany loans and derivatives in light of IFRS 9;

- Execute and master all the activities related to the area of hedge accounting.

- Prepare various statistical reports;

- Execute monthly, quarterly and annual closing activities in line with the group procedures and the implemented SOX controls

- Assist the teams based in UK, Luxembourg and Belgium with analysis of P/L, B/S and cash flows of the holding companies including the analysis of the hedge accounting lines

- Work on ad-hoc projects to streamline our reporting processes and improve the level of our controls.

HERE IS WHAT AN ORDINARY DAY AT WORK WILL LOOK LIKE :

- Mainly to work and transform on Hedging, Derivatives, Investments, and all Dividend related in overall GHQ Holding companies

- Make sure monthly governance calls and KPI management is properly reported

- Act as first point of escalation and RCA with action points

- Preparing financial reports along with Evaluating the financial data

- Streamlining accounting functions and operations

- Evaluating and guiding financial risk

- Coordinating with team to meet their SLA and deliverable on time

- Ensuring prompt and accurate month- end and year-end close processes

- Monitoring the Internal Controls, assistance audit requirements, MICS related to financial reconciliation

- Maintain the accuracy and integrity of the books and records

- Review bank reconciliations - reconciliation of the bank statement against the GL and reconciliation of any assigned clearing accounts

- Ensure clearing of wait accounts are done on a properly manner and on timely basis

- Reply to audit inquiries in a timely manner; as required, align with team working closely with banks to clarify valuation details on the bank statements to reconcile activity or properly code it

- Automation of the process to improve the overall efficiency

- Review and collect approvals on monthly manual journal entries and accruals posted

- Work closely with the dealers on making the deals verified and recorded in books

BUSINESS ENVIRONMENT :

Main characteristics :

- Be a Manager to all treasury control related activities

- Build effective relationship with the key stakeholders & address their concerns during daily, weekly, monthly reporting cycle

- Work in close contact with Business Operations.

Evaluation Criteria: (Targets) :

- Work closely with the dealers on making the deals verified and recorded in books

- Work in a quick changing environment

- Constantly balancing the search for new improved ways of working with the sustained implementing ways of working

- Ensure full flexibility within the team to meet existing and future business needs

- Follow the target setting and performance management processes adopted by AB InBev

- Implement and maintain a high level of working capital management within the Zone

- Encourage and assist the countries in the Zone in standardization and improvement of processes and adoption of best practices across the Group

Key dimensions :

- Financial department targets

Key contacts : (internal - external)

- Treasury Controllers, Manager and Director

- Treasury Operation; Treasury Back office and Front Office

- Zone/Country Controllers

Technical competencies : (Job related)

- Experience in working in a multi-national environment

- Experience working with teams spread across different geographies

- Financial and planning experience

- Experience in CPG company is preferred

- Experience in governing teams' ability to communicate with and influence senior governance

- Ownership to drive meaningful change and strive for excellence

- Ability to turn opportunities into actions, strategies

- Excellent communication and writing skills

- High level of service mind-set

- Organization skills; adherence to deadlines, self-discipline

- Able to act in a multi-national, inter-cultural environment.

- Good business sense and operational touch

- Highly results focused

- Excellent team player, able to develop relationships with colleagues and peers across functions

- Good diagnostic and problem-solving skills

Language skills :

- Fluent in spoken/written English

- All other languages perceived a plus.

Customer Service :

- Ability to interact courteously with both internal and external customers while providing a high quality of service.

- Ability to accepts customer needs through soliciting, evaluating, and acting upon customer feedback.

- Ability to coordinate with other internal departments to deliver seamless service to customers.

Supervision :

- Oversee team assignments, workload, training, overall performance and assume accountability for the quality of intra-department work.

- Ability to hold associates accountable for achieving established customer satisfaction levels.

- Ability to identify improvement opportunities and engage in implementing improvements.