Ferrero

Job Location: Chengdu

Company description

Ferrero is a family-owned company with a truly progressive and global outlook and iconic brands such as Nutella®, Tic Tac®, Ferrero Rocher®, Raffaello®, Kinder Bueno® and Kinder Surprise®. As the love for our brands continues to grow, so too does our global reach. Represented in more than 50 countries, with products sold in more than 170, the Ferrero Group is loved by generations around the world. The secret to our global success? 40,000 dedicated employees who celebrate care and quality to craft a business, careers and brands we are proud of. Join us, and you could be one of them.

Diversity Statement

Ferrero is committed to building a diverse and inclusive culture in which all employees feel welcomed and appreciated and have the same opportunities. We believe all of our people are equally talented in their own way. In nurturing the curiosity and natural abilities of our employees, we provide them, generation after generation, the means to succeed personally and professionally, enabling them to craft their journey at Ferrero. The diversity of our talents is what makes our work environment multicultural, innovative and highly rewarding.

About the Role:

If you have a great eye for details and are a perfect organiser this role can interest you. As a Regional Controller your main focus will be financially leading for region Central-West, being responsible for financial planning and business financial performance management.

Main Responsibilities:

Financial planning & Analysis

• Assist to prepare regional annual budget updates on volume, trade spending & Overheads with P&L stimulation based on key growth assumptions;
• Assist to conduct margin analysis by product category/brand/Route-to-Market channel to maximize bottom-line profit at regional level;
• Assist to drive ROI analysis by channel/brand/geographic/store type and identify improvement opportunities;
• Work closely with Area sales manager & regional key account team on season promotion plans by banner by city to improve investment efficiency;
• Support & coordinate Budget/SAF cycle, help to provide regional inputs to buildup HQ P&L model to identify key risk and opportunities.
• Ad hoc analysis/projects to support Regional Finance Controller & Regional Sales Manager;

Business Performance Management & Partnership

• Assist to prepare regional business performance review package for monthly reviews; Track monthly financial KPI by fortress city and conduct variance analysis with highlights to regional management team on opportunities & risks;
• Discuss financial KPI implications with relevant investment plan, market trend and competitor performance in monthly sales meetings;
• Co-work with regional SOP/ sales leaders and HQ controllers on Route-to-Market projects on evaluating financial impacts of city expansions & coverage
• initiatives, and make sure the full execution of HQ projects in regional level.

Financial Control & Compliance

• Assist to ensure regional Trade spend are controlled within the spending budget & company Guidelines;
• Act as the key connection with regional trade marketing and HQ accounting team on improving trade spending reimbursement process efficiency:
• Assist HQ GRC team with regional distributor audits on trade spending claims, in-store activities and help to drive correct sales behaviors according to Sales Team Management Rules.

Finance training & team communication

• Deliver regular Finance training to regional sales team with focus on finance knowledge & company policy; Strength collaboration with HQ Finance, Sales Operations, Trade marketing team & regional sales team and external business partners.

Who we are looking for:

• BA or above in accounting, fiance, or related degree. CPA, CMA or CIA preferred
• 5-10 years' experience in mult-national companies, FMCG/retail industry is a plus
• SAP/Essbase knowledge; strong Excel/PowerPoint expertise
• Excellent communication and interpersonal skill. Fluency in English is preferred.
• Detail oriented, good team player with positive working attitude
• Self-motivated with logical approach to problem solving

How to be successful in the role and at Ferrero:

Consumers, quality and care are at the heart of everything we do. So, to be successful at Ferrero, you’ll need to be just as consumer and product centric as we are - dedicated to crafting brilliant results for consumers around the world.

Strong analytical mind, attention to details on one hand and great organisational skills on the other, are the key to success. Employee contribution and engagement at Ferrero is based on the individual, team and organisation dimension, so you should have the ability to work independently, as a team member and build good relations with stakeholders on all levels. Being flexible and dealing with a dynamic working environment and embedding new knowledge and skills in existing competencies will definitely help you to become a high performer here.