In 1987, Red Bull not only launched a completely new product, it created and has led ever since a whole new product category, Energy Drinks. Nowadays Red Bull employs more than 11.500 people in over 171 countries, selling over 6 billion cans a year. The World of Red Bull provides the forum for you to use your talent and passion, to develop yourself and make an impact. Take our own personality test at Wingfinder.com to figure out how you can play to your strengths. Find out why we are different www.redbull.com

As our Business Controller you will be an important part of the Finance department. You will coordinate, develop and work close together with Key Account Managers and other budget holders within the organization. You are an important business partner for KAM’s when forecasting and calculating on sales. As a close business partner for budget holders you will get close to the Red Bull brand and get a in deep understanding of the business and a important person for the Management Team for the understanding of KPI’s working close together with the Finance Manager.

Key responsibility

  • Guarantees full compliance with the Group Controlling guideline.
  • Designs the system setup to perfectly mirror the responsibilities in the organization.
  • Ensures a timely distribution of financial information (plan and actual) to every budget holder by sending out reports, by allowing system access and by presenting the information in regular meetings.
  • Promotes efficiency in Controlling to minimize time spent for report generation and increases time for analysis, commenting and insights sharing.
  • Supports the establishment of a true bottom up planning process and the development of a local planning calendar based on the group planning timetable allowing for sufficient review time and feedback cycles.
  • Contributes to a high forecasting accuracy of business plans, revised estimates, and long-term forecasts.
  • Measures and reviews the cost/benefit ratio of proposed activities.
  • Is driven through a service mentality by sharing insights, by supporting budget reallocations, by ensuring overall budget adherence, by acting as a facilitator to achieve objectives, by highlighting risks and opportunities, by providing financial simulations and by developing business cases for new projects.
  • Responsible for Month end closing procedures on all customer agreements.
  • Key User of Customer Profit Management system.

Month End Closing responsibility

  • Verifies the sales cut-off and the correct revenue recognition.
  • Coordinates the monthly accrual process following the cost revenue matching principle.
  • Preparing for and responsible for monthly KAM meetings.
  • Updates allocation keys and performs COPA allocations.
  • Ensures the reconciliation of systems (SAP/BI/Hyperion).
  • Ensures master data quality and verifies the consistency of the customer, product, and internal order hierarchies.
  • Responsible for recoiling accounts related to agreements (P&L and Balance sheet)

Reporting and analysis

  • Reporting to the organization on volume change, price change and product mix impact by Key Account.
  • Calculates the customer mix impact on the total P&L.
  • Calculates/reports the major KPIs (Financial Sales, DSO), basic exposure rate, advanced exposure rate, etc.
  • Prepares reports on aggregated or on detailed level by GKA and LKA comparing the profitability YTD, comparing PY vs CY vs RE vs Year to Go.
  • Prepares and distributes a detailed monthly report including comments on brand, project (= internal order), account, and cost center level using SAP, BI and Hyperion for each budget owner and GM.
  • Prepares and distributes a report on the cash flow and the working capital development.
  • Prepares and distributes a sales report with comment bi-monthly.

Planning and forecasting

  • Coordinates the Business Plan/Revised Estimate data collection and data entry in the organization according to HQ timeline.
  • Coordinates timings and input needed during the budget process.
  • Aggregates/consolidates the individual plans to a total plan.
  • Supports and challenges the budget owners during the planning process.
  • Prepares year to go estimates.
  • Responsible for Hyperion and BI input and go-to person for budget holders.
  • Coordinating and creator of internal orders in SAP.

Business partnership

  • Acts as a contact and partner for the Key Account- and other Managers.
  • Works closely with the various contacts, has a service mentality but also challenges them, asks questions, gives suggestions and insights.
  • Detailed knowledge of trade terms of customers, their budgets, and customer P&L.
  • Prepares trade term impact simulations, challenges assumptions and profitability.
  • Matches POS/VISIT placement plans to budget, update on placement status.
  • Knows contract terms of the media agencies assisting the Brand Manager on commitments etc.
  • Supports the Brand Manager, Sports Manager, Events Manager and Culture Manager in budget reallocations and simulations and creation of internal orders.
  • Benchmarks the costs of marketing activities and their impact on the consumer and challenges where appropriate.
  • Knows the Sampling and Student Brand Manager programs and their costs.
  • Draft and evaluates new product launches and their impact on profitability.
  • Prepares scenarios and simulations with the input from the budget owners and models the impact.
  • Performs ad hoc calculations, for example impact of price increase, and simulates “what if scenarios” (e.g. the customer does not accept the price increase).
  • Supports the Management Team in and ensure overall budget adherence.

Experience

  • Minimum of 3 years’ experience in a controlling role, a role in consumer goods is an advance.
  • IT literate, excellent MS Excel knowledge, familiarity with any integrated business analysis tool is a strong plus (SAP/Power BI/Hyperion etc.).
  • Highly analytical and very skilled individual in the area of profitability analysis
  • Understanding of promotional mechanics and the related financial impact is an advance
  • Capable of communicating and presenting precisely and effectively with internal stakeholders at Management Team level.
  • Must be self-motivated, self-directed and be able to work under pressure in a fast-paced team environment.

For questions, contact: