Commercial Financial Analyst

6 months ago


Auckland City, New Zealand Colgate-Palmolive Full time

No Relocation Assistance Offered
159242 - Auckland, North Island, New Zealand

**Who We Are**
Colgate-Palmolive Company is a caring, innovative growth company that is reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, we sell our products in more than 200 countries and territories under brands such as Colgate, Palmolive, elmex, hello, meridol, Sorriso, Tom’s of Maine, EltaMD, Filorga, Irish Spring, PCA SKIN, Protex, Sanex, Softsoap, Speed Stick, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Pet Nutrition.

We are recognized for our leadership and innovation in promoting sustainability and community wellbeing, including our achievements in decreasing plastic waste and promoting recyclability, saving water, conserving natural resources and improving children’s oral health.

If you want to work for a company that lives by their values, then give your career a reason to smile and join our global team

**Overall summary of the position**:
accounting background sets you apart in the market. Deep dives and reviews along with skilled business reporting and sound recommendations ensure integrity of information data across various Colgate systems (Atlas, Google, SAP) and quicker decision making providing key insights and ultimately Revenue Growth execution as part of the wider NZ team.

**Key Responsibilities**
- Attendance and participation in Account planning reviews. Identify exception bundles by customer for review and

discussion
- Prepare and present a total company financial overview at sales review meetings (CGIM). Identify and assist with

resolution of gaps and issues by the customer.
- Prepare and present a total company financial overview at monthly leadership meetings (LAM)
- Monthly analysis on Gross to Nett Sales, activity and product performance, preparing commentary on mix, margin and

volume.

**Financial Accounting Responsibilities**
- **Period End Close**

❖ Prepare Product level analysis against forecast, gross to nett & margin commentary

❖ Support Corporate reporting and commentary

❖ Rebate management and commercial support, translated to final close review in compliance to policy and accounting

standards

❖ Prepare/Support Accrual Reconciliations owning the age profile and upholding policy and accounting standards

❖ Process owner for month end closures (trade spend interpretation/analysis, query handling on sales and Gross to

Nett & margin

❖ Month end Reporting
- **Annual Rhythms**

❖ Prepare Product level analysis against forecast, gross to nett & margin commentary

❖ Consumption, mix and Gross to Nett reviews for budget & Forecast

❖ Support annual Audit Review

❖ YOY financial analysis and commentary
- Prepare Weekly accrual report & investigate any issues/queries

**Analytics & Customer Development Team (Sales) Support**:

- Ownership of reports/analytical tools and training of the CDT team in getting the most out of these (e.g. Atlas reporting and

Analytics, BI Analytics dashboard, bundle tracker, trend reports)
- Training: particularly for new CDT members in relevant financial concepts so they can optimally to supervise and manage their

business.

interpreting any financial information discussed in external and internal meetings, including SAP, Atlas ,Google, BI

systems.
- Support FYOG and return on investment initiatives by producing timely reports focussing on over spend areas in the business. Work with

CDT to highlight the opportunity areas and find solutions. Track and report on savings areas.
- Participate in RGM workshops encouraging the method with the CDT

❖ Prepare Product P & L’s

❖ Prepare budget exhibits

❖ Arrange system access for CDT team
- Customer interface: establishing key contacts with the Customer's Finance team. Work with the customer & CDT team to

quickly resolve any disputed claims & ensure timely resolution.
- Trading Terms & Conditions: Ensure all customers are staying in sync with agreed trading terms.
- Prepare and distribute Aged Accruals Analysis reports to CDT
- Responsible for reporting and timely review of Rebate management
- Supervise Gross to Nett (GTN) by customer banner, liaise with Country Finance Manager and General Manager NZ on final month result

**Budget**:

- Gain CDT input into the customer dimension of LE (Customer GtN and Net Sales growth). Work with CFM to create

Budget/LE net sales and GtN in line with customer and subcategory goals and enter into the budgeting system. Each cycle

has 3 reviews with tweaks/actualisation at each stage.
- Flowing through changes to budget/LE after reviews.
- Prepare roll forwards and Exhibits
- Together with CDTL, cascade the Budget Net Sales into Customer Targets by month
- Working closely with the CDT team to supervise NPD performance vs gateway goals to identify relevant actions for CDT.

**Others**:

- Act as CPNZ lead on various big projects eg Atlas d


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