Location: BALIKESIR
We are currently looking for a Factory Controller to join our new investment project team who will be responsible to be the committed finance custodian of management and governance for the facility. This role is the trusted co-pilot to the Factory Manager and the Factory Leadership Team while responsible for all financial matters (vision, organization, practices, initiatives/projects…) and provide fact-based decision making on both short-term objectives and on long term strategic initiatives. Factory Controller provides visibility and forecasts around costs related to the factory processes (incl. logistics costs / FG WH) through the driving of relevant analysis and reporting (monitoring of the budget and controlling the variances), ensures Compliance to financial legal requirements and NAS. In addition, this role is responsible for the accuracy and compliance of LRM NAS / Statutory financials (forecast, actuals, gap analysis), as well as FX and Tax related matters; and provide support to LRM Management on financial related topics.
Main Responsibilities;
- Cost Control & Continuous Improvement; Identify and drive cost improvement opportunities, be an active contributor to improvement projects and initiatives, validate, review, and track proposed savings. Challenge assumptions for cost improvements in factory (incl. logistics costs / FG WH) based on internal and external benchmark information on factory performance and costs. Actively drive NCE activities within the factory and ensure activities are in alignment with business OMP.
- Reporting and Analytics; Manage factory reporting of actuals and forecasts for the factory (incl. logistics costs / FG WH); ensure transparency, accuracy, and timeliness of this process; follow up and monitoring of progress to close gaps, ensuring Nestle financial policies, Accounting Standards and Costing Standards are followed by promoting ownership of data at source.
- LRM Financial accuracy and compliance; As LRM Finance representative, ensure compliance and understanding of both managerial (NAS) and statutory P&Ls and Balance Sheet. This encompasses the following activities:
- Understanding and ensuring reconciliation of monthly actual results,
- Identifying and applying adjustments needed for the statutory P&L,
- Preparing and submitting the True ups required in alignment with Group Tax,
- Ensuring cross-charges are performed accurately and timely,
- Reporting and responding to queries or requirements of local authorities (i.e. Tax) or the Centre,
- Balance Sheet quarterly review with support of NIM.
- Provide comments to annual statutory reporting.
- Provide monthly Dynamic Forecast for the LRM, ensuring alignment with the factories and queries from the Centre.
- Provide support to LRM management for annual financial review with local authorities and Union committees (where applicable).
- Depending on the local currency, work in alignment with NiM on the LRM FX strategy. This encompasses in the following activities:
- Perform the FX forecast,
- Follow up on the hedging strategy and results,
- Ensure actions are in place for eventual correction.
- Ensure Transfer Prices undergo health checks; and support the PPAL entity and CCC when analysis is required.
- Strategic Evaluations: Lead strategic financial analysis relating to major or strategic decisions related to the factory (incl. logistics costs / FG WH) to ensure full transparency of costs and non-financial implications.
- Business Planning: Drive business planning; manage the overall factory budget (incl. logistics costs / FG WH) with factory management team as well as being the critical liaison between factory and Head Office in the business planning process. Perform forecasts, revisions or simulations if needed.
- Capital Investments: Monitor on capital expenditures compare budget and actuals.
- Budget & PEC &SPC: Complete studies in time with correct results and supply all reporting for Factory (incl. logistics costs / FG WH) and H/O
- Internal Controls & Audits: Internal control over Factory operations. Follow up the NIA & NMA points in Factory with regarding teams.
- Development and Talent; Coach and develop the factory personnel with focus on finance individuals & team including career and succession planning.
- Knowledge Transfer; Drive clear understanding of financial key figures and costing within the factory, including organizing training sessions for non-specialists.
Qualifications;
- University degree especially at Business/Finance and/or Accountancy or related disciplines
- Over a sustained period of 10 or above years’ experience of Accounting / Finance functions (e.g.: Costing, Accounts Payable, ideally within a factory or supply chain)
- Fast moving consumer goods (FMCG) industry experience
- Good written, verbal and presentation communication skills in English
- Ability to work in cross functional and multinational teams as well as work alone in autonomy
- Should demonstrate negotiations in cross functional and cross market teams
- People management is a must; ability to lead, delegate, teach and coach others
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