Job Description :

FP&A Analyst (COGS)About Diageo

At Diageo, we’re more than just a global leader in beverage alcohol—we’re a dynamic and vibrant company where passion, innovation, and legacy come together to create something extraordinary. Born from the rich heritage of legendary brands that have been celebrated for generations, Diageo has become a global powerhouse in the beverage alcohol industry. With iconic names like Johnnie Walker, Guinness, Tanqueray, Smirnoff, and Baileys—each with its own storied legacy—we are proud to be part of moments that people cherish in over 180 countries around the world.

Our purpose, Celebrating life, every day, everywhere, is at the heart of everything we do. We believe in creating moments of connection and joy, turning everyday experiences into unforgettable memories. Whether it’s a toast among friends or a celebration of life’s achievements, our brands are crafted to make every occasion special.

At Diageo, we’re not just about products—we’re about people. We are committed to building a culture where you can thrive, grow, and make a real impact. We champion diversity, sustainability, and responsible business practices, ensuring that we contribute positively to society while also supporting your personal and professional growth.

If you’re looking for a place where you can shape the future, unleash your potential, and be part of a distributed team dedicated to excellence, Diageo is the place for you. Join us, and let’s create extraordinary together.

About the JobPurpose & 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.

Financial Planning and Analysis (FP&A) is integral to the business operating rhythm, providing insightful data and analysis to drive the long-term sustainable performance of Diageo. A dynamic and integral force within our organization dedicated to driving financial excellence and strategic decision making. Our team plays a pivotal role in shaping the financial future of the company, ensuring that every decision aligns with our overarching business objectives.

The COGS Analyst plays a crucial role within the Financial Planning and Analysis (FP&A) team, focusing on the monitoring, analysis, and evaluation of the Cost of Goods Sold (COGS) for Diageo demand companies. This position aims to provide accurate and reliable insights into COGS spending and to forecast movements based on underlying assumptions, while identifying risks and opportunities to maintain alignment with the Annual Operating Plan (AOP).Key ResponsibilitiesPerform in-depth analysis of demand COGS, which includes supply costs (e.g., distilling, bottling, packaging) and distribution costs (warehousing, freight) incurred during product sales.Continuously monitor COGS values to ensure accurate reporting and timely identification of variances against forecasts and budgets.Develop reliable forecasts for COGS based on historical data, market trends, and operational insights, while assessing potential risks and opportunities.Work closely with cross-functional teams, including supply chain, operations, and finance, to capture relevant data and insights vital for comprehensive COGS analysis.Assist in identifying cost-saving opportunities within the COGS structure and support initiatives to optimize overall production and distribution costs.Continuously seek ways to enhance the efficiency and effectiveness of COGS analysis processes, ensuring alignment with standard methodologies and organizational objectives.

Key Performance IndicatorsForecast Accuracy: Keep control over monthly accuracy of financial forecasts against actual performance, aiming for 97% accuracy.Reporting Timeliness and Quality: Ensure timely submission of financial reports and forecasts, meeting all deadlines set within the financial cycle while maintaining high data quality.Variance Analysis: Analyze and explain variances between actual COGS and forecasts, ensuring that collaborators understand the reasons for discrepancies.Control compliance: Regularly review and monitor compliance with established controls related to the COGS process to prevent failures and ensure accurate financial reporting.

Key RelationshipsSupply TeamFinance DirectorCross-Functional Teams: Financial controller, Taxes, Supplier ExperienceRegional team: Customer service and logistics, productivityGlobal Teams: Supply finance, ICO pricing, RTR teamFP&A Team members

The Power Skills You Bring

Planning and forecastingUnderstand the impact of the accounting process and practice.Creative thinkingAnalytical thinkingUnderstanding and knowledge of relevant finance tools and systems.Data literacyDetail--oriented, analytical, proactive, and can work under pressure with minimum supervision.Communication and storytellingCuriosity and lifelong learningMotivation and self-awareness

Requirements

Education: Degree educated and part qualified - studying for a professional financial qualification.Experience: 2 or more years proved experience in a global FMCG or similar dynamic operating environment. Language: English Professional working proficiency

Worker Type :

Regular

Primary Location:

Bogota - EOB

Additional Locations :

Caracas

Job Posting Start Date :

2024-12-18