Financial Control Sr. Analyst

at  Diageo

Job Description :
About us:
From Arthur Guinness to Johnnie Walker, our business was founded on people of excellent character, and in 250 years, nothings changed. We’re the world’s leading premium alcohol company. Our brands are industry icons. And our success is thanks to the strength of our people, in every role. It’s why we trust them with our legacy. And it’s why we reward them with the career-defining opportunities that they deserve. Our ambition is to build the best performing, most trusted and respected Consumer Products Company in the world. To achieve these, we need the world’s very best people.
Feel encouraged? Then this may be the opportunity for you
About the Job
Purpose & Overall Relevance for the Organization
Diageo’s Shared Service Center plays a crucial role in supporting Diageo’s Latin American markets by delivering high-quality financial, operational, and analytical services. By implementing efficient processes and fostering a culture of continuous improvement, our function ensures that markets benefit from streamlined operations and enhanced business insights. This empowers local teams to make informed decisions, driving growth and efficiency. As a center of excellence, it acts as a true business partner, collaborating closely with markets to achieve strategic objectives.
The Financial Control function plays a critical and highly influential role within the organization, ensuring the completeness and integrity of our financial information, which directly impacts strategic decision-making and overall business success. As the guardians of financial accuracy, this team is responsible for preparing detailed financial statements for both management and local reporting, ensuring compliance with the highest standards and regulations. By handling internal and external audits, the Financial Control team supports clarity and accountability across the organization.
This role in the Financial Controlling team is vital for ensuring accurate financial records and transparency. This role supports the month-end closing, handle statutory adjustments, and prepare essential financial reports, providing critical insights for business decisions. It’s a great opportunity for a qualified accountant early in their career, especially those eager to gain international experience and work with IFRS standards.
Joining Diageo’s Shared Service Center means becoming part of a global function where innovation, professional development, and the opportunity to make a real impact are at the forefront.

Key Responsibilities

• Support the month-end closing process, ensuring all financial records are complete and accurate in alignment with internal and external timelines.
• Provide assistance during internal and external audits by preparing vital documentation and responding to auditor inquiries to ensure compliance and clarity.
• Prepare and submit local statutory and management financial reports, ensuring they are accurate, timely, and in compliance with relevant regulations.
• Assist in the preparation and review of statutory adjustments and transfer pricing reports, maintaining adherence to regulatory standards.
• Perform account reconciliations and variance analysis to ensure the accuracy and integrity of financial data.
• Track and report key performance indicators (critical metrics) for financial control, supporting the team in identifying trends and areas for improvement.
• Maintain and update financial data, ensuring it aligns with internal policies, local regulations, and IFRS standards.

Key Performance Indicators

• Quality of Reporting
• Controls Deficiency / Audit Failures
• Quality and Timeliness of Financial Statement Reporting

Key Relationships

• FP&A Team.
• In-market finance.
• Finance Center of Excellence.
• Other Global Business Operations teams (Commercial Experience – Supplier Experience).
• Internal/external audit teams.
• Tax authorities.
• Group functions (tax, treasury, etc).

The Power Skills You Bring

• Strong Financial Controlling knowledge (Balance sheet, Group and Local Financial Reporting and accounting principles).
• Knowledge of VAT and ISLR withholdings
• Knowledge in managing exchange systems
• Management of adjustment calculation for financial inflation
• Calculation and execution of exchange revaluations
• Experience leading external audit processes and relationship with commercial commissioner
• Able to focus to detail and to the accuracy of reporting.
• Creative thinking.
• Analytical thinking.
• Understanding and knowledge of relevant finance tools and systems.
• Data literacy.
• Can work under pressure with minimum supervision.
• Communication and storytelling.
• Curiosity and lifelong learning.
• Motivation and self-awareness.

Requirements

• Education: Degree educated and part qualified - studying for a professional financial qualification. Accounting highly desirable.
• Experience: 3 or more years proved experience in a global FMCG or similar dynamic operating environment.
• Language: English Professional working proficiency.
• Language: Portuguese highly desirable.

Flexibility is key to success in our business and many of our people work flexibly in many different ways, including part-time, compressed hours, flexible location. Please talk to us about what flexibility means to you and don’t let anything stop you from applying.
Our purpose is to celebrate life, every day, everywhere. And crafting an inclusive culture, where everyone feels valued and listened to, is an important part of this.
We believe the most inclusive and diverse culture makes for a better business and a better world. We know that for our business to thrive and for Diageo to realize its ambition, we depend on having diverse talent with a range of backgrounds, skills and capabilities in each of the 180 countries in which we operate and to reflect our broad consumer base.
Worker Type :
Regular
Primary Location:
Bogota - EOB
Additional Locations :
Job Posting Start Date :
2024-10-1

• Support the month-end closing process, ensuring all financial records are complete and accurate in alignment with internal and external timelines.
• Provide assistance during internal and external audits by preparing vital documentation and responding to auditor inquiries to ensure compliance and clarity.
• Prepare and submit local statutory and management financial reports, ensuring they are accurate, timely, and in compliance with relevant regulations.
• Assist in the preparation and review of statutory adjustments and transfer pricing reports, maintaining adherence to regulatory standards.
• Perform account reconciliations and variance analysis to ensure the accuracy and integrity of financial data.
• Track and report key performance indicators (critical metrics) for financial control, supporting the team in identifying trends and areas for improvement.
• Maintain and update financial data, ensuring it aligns with internal policies, local regulations, and IFRS standards