AB InBev - Associate Director - Treasury

Do you want to be a part of the fascinating story of over 500 iconic brands spanning across more than 100 countries?

Being the best beer company starts with finding the best people. While we have big brands, we have bigger opportunities as well.

AB InBev India is looking to hire Associate Director-Treasury for its Finance Function based out of Bangalore.

Primary Purpose of the role:

- Drive Cash flow transformation for enabling positive cash conversion for ISEA

- Lead and manage Treasury area within the institution with cash management, collateral management, funding and liquidity, investment analysis and other financial affairs.

- Maintains stewardship for financial assets and debt including overall leadership of the cash management, debt management and investment management functions of the organization and its affiliated entities.

- Responsible to supervise accurate & timely monthly/ quarterly/ annual management financial reporting & Statutory Audit by the team for BU ISEA

- Elevating processes to next level using analytics, forecasting, building early warning systems and through automation & transformation

Key Tasks & Accountabilities:

1.Stakeholder Management

- Leadership skills with good decision making. Ability to prioritize, delegate responsibilities and manage operations

2.Technical expertise

A. Treasury Related Services

Manages and executes treasury functions including bank relationship management, foreign exchange operations, cash management, cash and treasury

- Operations.

- Supervises borrowing and investing.

- Leads in meeting overall treasury department's policies and regulatory requirements. Responsible for the day-to-day operational aspects of the treasury department.

B. Managing Treasury Strategy

- Ensures the maintenance of corporate liquidity and financial stability.

- Develops and manages strategies, operations, policies and budgets relating to treasury activities.

- Directs development and revision of financial policies for capital structure, working capital, treasury operations, foreign exchange & interest rate risk management, and asset/liability mis-match risk management.

- Directs capital markets, borrowing, investing, foreign exchange, treasury operations, financial risk management and corporate finance initiatives.

- Supervises the maintenance of internal controls designed to safeguard corporate assets and the integrity of its fiscal systems.

C. Financial Reporting

- To ensure business KPIs and SLAs as agreed with the business are achieved & managing monthly Closing of books of accounts for all Plants, Regions & Corporate

- Accurate & timely monthly/ quarterly/ annual management financial reporting as per Global timelines

- Ensure adequacy of provisions, accruals & prepayment schedule

- Preparation & Review of monthly financials P&L, Balance Sheet & Cash Flow

- Review of Intercompany balance confirmation & communicating with zone, Global for escalations

- Review Cognos submissions as per Global Requirement

D. Account Reconciliation & MICS

- Quarterly Balance sheet account reconciliation and Monthly intercompany Reconciliation

E. Treasury Related Services

- Manages and executes treasury functions including bank relationship management, foreign exchange operations, cash management, cash and treasury operations.

- Supervises borrowing and investing.

- Leads in meeting overall treasury department's policies and regulatory requirements. Responsible for the day-to-day operational aspects of the treasury department.

F. Managing Treasury Strategy

- Ensures the maintenance of corporate liquidity and financial stability.

- Develops and manages strategies, operations, policies and budgets relating to treasury activities.

- Directs development and revision of financial policies for capital structure, working capital, treasury operations, foreign exchange & interest rate risk management, and asset/liability mis-match risk management.

- Directs capital markets, borrowing, investing, foreign exchange, treasury operations, financial risk management and corporate finance initiatives.

- Supervises the maintenance of internal controls designed to safeguard corporate assets and the integrity of its fiscal systems.

G. Financial Reporting

- To ensure business KPIs and SLAs as agreed with the business are achieved & managing monthly Closing of books of accounts for all Plants, Regions & Corporate

- Accurate & timely monthly/ quarterly/ annual management financial reporting as per Global timelines

- Ensure adequacy of provisions, accruals & prepayment schedule

- Preparation & Review of monthly financials P&L, Balance Sheet & Cash Flow

- Review of Intercompany balance confirmation & communicating with zone, Global for escalations

- Review Cognos submissions as per Global Requirement

H. Account Reconciliation & MICS

- Quarterly Balance sheet account reconciliation and Monthly intercompany Reconciliation

- Monthly Tracking all the accruals related to HUB, all breweries & regions

- Deployment of MICS as per group policy across plants, regions & corporate

- Consistent Review to ensure adequate internal control is implemented & educating team

I. Audit -Statutory, IFC & Tax

- Preparation & Review of Audit Financials & Schedules as Ind-AS

- Resolving audit queries, followup for pending information with Finance, Legal, Tax, Solutions, Supply, Sales, etc

- Co-ordination with auditors, Review & finalization of schedules, notes to accounts

J. Capex reporting and analysis

1. Effective management of the customer discounts.

2. Analysis of Balance sheet to ensure that all aged balances are fully justifiable.

Meet and improve all operational KPIs e.g. COGNOS reporting SLAs, etc

K. People Management

1. Recruit talents from top institutions leveraging the Campus recruitment drives (both Interns and Full Time)

2. Drive people engagement and ensure reduced employee turnover.

3. Collaborate with the NoCC team to drive efficiency & standardization

Required Knowledge, Skills & Attributes

Education & Experience : Academic Degree -Professional Accounting Certification preferred (Chartered Accountant/CPA/CIMA/ACCA)

Skills and/or knowledge :

1. Experience in working in a multi-national / multi-cultural / multi-time zone environment

2. Strong analytical / problem-solving skills, preferably with financial / planning experience

3. Experience in leading and working in teams, able to build strong relationships quickly

4. High level of service mind-set with ability to communicate / influence senior leadership

5. Highly results-focused, with ownership to drive results and strive for excellence

6. Strong ability to turn opportunities into actions, strategies

7. Good business sense and operational touch

8. Experience in CPG company strongly preferred

Personal Attributes :

1. High energy

2. Solution-oriented and positive attitude

3. Exceptional customer orientation

4. Fast-mover, quick to adapt

5. Flexibility and resilience in a fast-moving environment

6. Integrity and professionalism

And above all of this, an undying love for beer!

Quench your thirst for success. Come, sit at the table!