Commercial Finance Analyst (m/w/d) - temporary

No Relocation Assistance Offered

Job Number #163990 - Hamburg, Hamburg, Germany

Who We Are

Colgate-Palmolive Company is a global consumer products company operating in over 200 countries specialising in Oral Care, Personal Care, Home Care, Skin Care, and Pet Nutrition.

Our products are trusted in more households than any other brand in the world, making us a household name!

Join Colgate-Palmolive, a caring, innovative growth company reimagining a healthier future for people, their pets, and our planet.

Guided by our core values Caring, Inclusive, and Courageous we foster a culture that inspires our people to achieve common goals.

Together, let's build a brighter, healthier future for all.

DACH Commercial Finance Analyst is a business partner to the local commercial organization, providing financial insights, evaluating and challenging commercial business plans.

In addition, the analyst is responsible for providing reliable financial forecasts. The role leverages commercial and technical skills gained from previous experience and reports directly to the Head of Finance DACH.

Duties and Responsibilities :

DACH budget and planning process :

• Preparation of budgets / LE and MRE including gathering input from relevant stakeholders and challenging assumptions
• Presentation of draft forecasts to Management team members
• Work towards delivering these plans with commercial team
• Submission of budget / LE and MRE related to the regional team in the required tool (e.g. SAC, BPC etc.)
• Explore opportunities to leverage budget & planning effective procedures and simplify processes

Monthly Review and Analysis :

• Perform month-end closing in accordance with US GAAP including accrual preparation, balance sheet reconciliation, internal finance reporting etc.
• Ensure compliance with Sarbanes-Oxley (SOX), particularly relating to Sales recognition and Gross-to-Net investments
• Prepare country P&L and analysis based on sell-out for a more detailed review of individual market and retail environment performance
• Provide the marketing team with adequate financial information to support and understand the impact on margin level of a new product launches, coupon activities and other promotional campaigns including ROI calculations
• Lead the Return On Investment mindset : spending our Budgeted Commercial Investment smarter
• Provide analysis and financial information to support KAMs and FSMs teams to aid them in making discussion for growth strategy and execution
• Communicate and monitor financial KPI's to ensure projected ASP / Pricing and Margin targets by brand and customer are achieved & proactively work with the teams where variances are observed
• Leverage the RGM programme to identify growth opportunities and provide financial insights
• Other ad hoc additional analysis or support to management for commercial meetings, customer negotiations, changes to Go to Market (GtM) model etc.

DACH Advertising and Promotion (A&P) / Freight & Warehousing :

• Provide timely variance reporting against budgets and LE’s
• Execute monthly accruals, ensuring that these are aligned with external and internal accounting standards for A&P and local freight and warehousing
• Provide responses to audit queries as and when requested
• Support marketing with questions and training on the process, as required

Pricing maintenance :

• Partner with marketing when new price lists are prepared
• Maintain prices and discounts in SAP
• Review usage of discount conditions in SAP and liaise between the commercial organization and GIT in the maintenance of existing conditions and development of new ones

This is not an exhaustive list of duties or functions.

Education / Requirements :

• Basic qualifications include : Bachelor’s or Master’s Degree in Finance related field and / or formal Accounting qualification
• 3-5 years of practical experience in Finance
• Strong analytical and problem solving capabilities
• Understanding of accounting principles and financial reporting
• High proficiency in Microsoft Excel and SAP
• English fluent is a must, German is a plus

Due to a parental leave replacement, this position will be filled for a limited period of 18 months.

Our Commitment to Diversity, Equity & Inclusion

Achieving 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 Employer

Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, colour, 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 complete this request form should you require accommodation.

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