Nestle Finance Manager, Business Partner in Arlington, Virginia
Finance Co-Pilot to the Infant Formula Marketing team to help develop strategy and drive business performance. Provide insight and foster a fact based decision making culture by utilizing the knowledge of the current business environment & specialist financial knowledge; challenging new strategies & new projects, as well as the status quo. This position will be responsible for return on investment analytics (PFME and TTS), and working cross functionally to optimize the allocation of funds to value creating activities. The Formula co-pilot will also be responsible for reviews of monthly close P&Ls, full year Dynamic Forecast P&Ls, and the compilation of I&R P&Ls as needed in conjunction with the NPDI process. This position will be a key member of the Formula business teams and will work closely with cross-functional partners in Sales, Operations, and Demand Planning. The Formula Co-Pilot will also be responsible for compiling the financial analyses related to WIC bid evaluations as well as the periodic analysis of existing WIC contract performance against established success metrics.
Key player in strategy development tied to our long term business plan. Model associated P&L impactors over the strategic plan period to provide perspective on sales and profit evolution towards achieving long term P&L objectives.
Drive enhanced brand decision making by providing necessary financial perspective and analysis to cross-functional team members. Ensure potential risks and opportunities are anticipated and understood.
Review monthly performance and identify areas of risk to achievement of targets and forecasts and develop/follow up action plans; compile commentary on monthly performance.
Own the Dynamic Forecast (DF) process with an emphasis on understanding base assumptions, providing commentary on key changes to the forecasts, and identifying trends to improve the accuracy of future DFs. Key player in the Monthly Business Planning Process (esp. MSR) providing necessary top line analysis and trend insights supporting the compilation of the business CDP.
Responsible for P&L modeling and reasonableness of Business Innovation and Renovation project financials; compile necessary financial inputs in NPDI system.
Analyze and challenge product portfolio to identify cost optimization opportunities and Value Destroyers; work closely with business team to ensure maximum return on investment from TTS/PFME.
Responsible for financial evaluation of WIC contracts (both owned and competitive bids) including the determination of contract exit financial impact; compilation of WIC contract post evaluation vs rebated/halo volume initial projections; ownership of GPR forecast input into the monthly DF process.
Having filled 2-3 career steps in F&C across more than one function with increasing levels of responsibility;
Fast moving consumer goods (FMCG) industry experience;
Experience within a network organization (internal and external providers);
Degree in Business/Finance and/or Accountancy Qualification; and
Proficiency in English and language of the market (where applicable).
Job: Finance / Accounting / Audit
Organization: Nestle Nutrition
Title: Finance Manager, Business Partner
Requisition ID: 18008663
The Nestlé Companies are equal opportunity and affirmative action employers and are looking for diversity in qualified candidates for employment: Minority/Female/Disabled/Protected Veteran.