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Commercial Finance Executive at BIDCORO Africa

BIDCORO Africa Ltd is a partnership between BIDCO Africa Ltd. and CORO A/S based in Denmark, formed to develop and deliver products specifically to suit the needs of the East African consumer. BIDCO is the largest and fastest growing manufacturer of consumer products in East Africa, selling 48 brands in 17 countries with a far-reaching sales and distribution network. CO-RO is one of the world’s leading providers of fruit based soft drinks, selling in over 80 countries worldwide and delivering innovative products that refresh and delight consumers with great taste and amazing experiences.

BIDCORO runs a factory placed in Ruiru and employ around 50 employees covering manufacturing, quality control, marketing, finance, supply chain, sales and HR.

About the role

Reporting to BIDCORO CFO and with a dotted line to CO-RO’s Regional CFO, the Commercial Finance Executive’s role will be:

·        Commercial accounting:

·        Monitoring/ Driving Efficiency Agenda on cost savings

·        Analysis of SKU contribution for all brands & SKU’s

·        Pricing & Contribution analysis. Also, to understand impact of change

·        Assisting in Vendor Negotiations & comparison of multiple vendors

·        Sales Commercial Controller Functions like payment follow up, Credit Limit monitoring, Customer Health monitoring, etc

·        Statutory accounting:

·        Monitoring Cash Inflows/ Outflows & Fund Planning

·        Monthly Reporting of Financials in multiple formats

·        Budgeting & detailed quarterly Forecasting

·        Resolving Internal Audit queries from time to time

·        Proper accounting of transactions

 

Qualifications

We are looking for a candidate with a Master’s degree in Finance with great results followed by at least 3 years’ experience with a consumer goods company. Experience from a beverage manufacturer is ideal but not essential. You need strong skills in Microsoft Office, especially Excel, Access and Powerpoint. Experience with SAP or similar ERP is an advantage.

You’ll be part of a complex matrix setup due to the business model of the company, so a proven track record of stakeholder management is ideal as well as the ability to communicate clearly both written and verbally in English. You need to be very strong in numbers including seeing “behind” the numbers and communicate the WHY in a clear & understandable way.

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