Sr Manager, Finance

A part of Colgate-Palmolive since 1976, Hill's Pet Nutrition offers the highest-quality pet nutrition available through product lines Prescription Diet and Science Diet. Veterinarians worldwide recommend and feed their own pets Hill's products more than any other brand of pet food.Available in approximately 80 countries around the world, our extensive line of products includes more than 60 Prescription Diet brand pet foods and more than 50 Science Diet brand pet foods.We believe all animals should be loved and cared for during their lifetimes. That is why we are proud our pet foods can make a difference in your pet's life.A career at Hill’s Pet Nutrition or Colgate-Palmolive is an excellent opportunity if you seek a global experience, constant challenge, and development opportunities in an environment that respects work/life effectiveness.Job Title: Sr Manager, FinanceTravel Required?: Travel - up to 10% of timeDate: 15 Oct 2024HybridNo Relocation Assistance Offered# 163438 - Hout Bay, Western Cape, South AfricaJob Summary: Manage Finance Team and the achievement of Organizations Financial Goals within the statutory framework while maintaining strong internal controls.Principal Duties and Responsibilities:Functions as a member of the Management Team.Responsible for the application of Hill’s financial policies, procedures and systems.Provides resources as necessary to achieve division strategy, ensures decision making processes are consistent with guiding principles, establishes clear direction and continuous improvement expectations for the region, leads and supports change and provides effective career planning.2. Budgets & PlanningProvides top level direction for budget, payroll and commitments.Ensure tight control on Company overheads and lead the budgeting process as well as ensure actual spending plans are in sync.Lead the sales & financial forecasting process ensuring alignment with division targets and objectives.Full responsibility for non-variable overhead planning including all people related costs.Ensure financial forecast submissions are accurate and submitted within given deadlines.Prepare & present the financial forecasts to both the local Management Team as well as the Divisional Senior Leadership Team.Lead the financial reporting process ensuring month end, quarter end & year end financial closes accurately reflect the financial position of the business and are completed within given deadlines.Review and approve accrual and prepayment assumptions and sign off balance sheet reconciliations.Calculate and post non-variable overhead accruals and prepayments including all payroll related journals.Review and approve monthly payroll.Review cash flow forecasts and take necessary actions to ensure business cash spending needs are met.Prepare and present month end reporting package to Corporate Accounting Team.Prepare and approve Statutory Financial Statements prior to board/audit approval.Prepare and submit US GAAP to Statutory Reconciliation.4. Internal Controls / AuditDrive the internal control mindset within the business.Ensure internal controls are in place, operating effectively and are fully SOx compliant.Review and approve annual internal control effectiveness testing and develop remediation plans to address any deficiencies identified during testing.Lead overall external audit process, working closely with external auditors to ensure audit is completed successfully and within given deadlines.Lead overall internal audit process, ensuring given deadlines are achieved Develop remediation plans for any internal audit finding and ensure all findings are fully remediated within 12 months of completion of the internal audit.Ensure all roles within the organization are free of segregation of duty conflicts.5. TaxesReview, approve and submit monthly VAT returns, ensure payments are effected and respond to any SARS queries within given deadlines.Work with tax service provider to prepare and submit provisional and corporate income tax returns and ensure payments/submissions are effected within given deadlines.Prepare & submit withholding tax returns ensuring necessary documentation is in place for the application of reduced rates.Calculate and post monthly tax accruals on US GAAP basis.Work with tax service provider to prepare transfer pricing documentation and ensure relevant submissions are made to the tax authorities.Review operating profit margin and calculate any necessary adjustments to transfer prices to ensure our full year statutory operating profit margin is within the range stipulated in the transfer pricing documentation.Assess impact of year end transfer pricing adjustments on previously submitted Import VAT and Customs Duties declarations and submit necessary disclosures to tax authorities.6. Commercial FinanceProvide strategic oversight to pricing and commercial investment plans.Develop tools to track commercial investment budgets and spend for cross-functional partners and provide training to improve financial knowledge of cross-functional partners.Working with commercial teams on ad-hoc queries and analysis.Lead the digitization and simplification projects in the implementation of all financial tools, systems and projects at the local subsidiary level.Work with global project leads to ensure all testing is completed within given deadlines and all local business requirements are met.Ensure all systems and tools are successfully implemented by taking on the role of change champion, communicating the benefits and training the cross-functional stakeholders.This is not an exhaustive list of duties or functions.Required Qualifications:B.Com Honours in Financial Management or equivalent.Minimum of 5 years of corporate accounting experience, statutory reporting, VAT and tax return experience.Preferred qualifications:Completed Articles, CA (SA) or CIMA qualification.Our Commitment to SustainabilityWith the Colgate brand in more homes than any other, we are presented with great opportunities and new challenges as we work to integrate sustainability into all aspects of our business and create positive social impact. We are determined to position ourselves for further growth as we act on our 2025 Sustainability & Social Impact Strategy.Our Commitment to Diversity, Equity & InclusionAchieving our purpose starts with our people — ensuring our workforce represents the people and communities we serve —and creating an environment where our people feel they belong; where we can be our authentic selves, feel treated with respect and have the support of leadership to impact the business in a meaningful way.Equal Opportunity EmployerColgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.Reasonable accommodation during the application process is available for persons with disabilities. Please contact [email protected] with the subject "Accommodation Request" should you require accommodation.#LI-Hybrid #J-18808-Ljbffr