Cash Flow and Overhead Controlling Manager
Job Location: Istanbul
Company Description
Ferrero is a family-owned company with a truly progressive and global outlook and iconic brands such as Nutella®, Tic Tac®, Ferrero Rocher®, Raffaello®, Kinder Bueno® and Kinder Surprise®. As the love for our brands continues to grow, so too does our global reach. Represented in more than 50 countries, with products sold in more than 170, the Ferrero Group is loved by generations around the world. The secret to our global success? 40,000 dedicated employees who celebrate care and quality to craft a business, careers and brands we are proud of. Join us, and you could be one of them.
Diversity Statement
Ferrero is committed to building a diverse and inclusive culture in which all employees feel welcomed and appreciated and have the same opportunities. We believe all of our people are equally talented in their own way. In nurturing the curiosity and natural abilities of our employees, we provide them, generation after generation, the means to succeed personally and professionally, enabling them to craft their journey at Ferrero. The diversity of our talents is what makes our work environment multicultural, innovative and highly rewarding.
About the Role:
We are looking for a Cash Flow & Overhead Controlling Manager (Asset & Cashflow) who will be based in Istanbul and reporting to both Ferrero Çikolata Controlling Manager and HCo Türkiye Controlling Manager.
As a Cash Flow & Overhead Controlling Manager, you will be mainly responsible for planning, budgeting and analyzing financial results. The role will play an integral role to support business to monitor and manage organizations’s cash flow. Thus, you will be expected to have a passion for controlling and enjoy dealing with complex spreadsheets
If you think that you would be a good fit for the role, please do not hesitate to apply now!
Main Responsibilities:
- Ensure completion of all analysis for cash and overheads vs forecasts and Budget
- Perform gap analysis to understand variances in related P&L lines
- Regularly review and report KPI’s for Direct Cash Flow and Overhead
- Leading the Budget and forecast submissions for Cash and Overheads
- Report variances of costs vs forecast to provide an accurate financial situation with identification of risk and opportunity
- Lead regular meetings with functions involved about working capital management, CAPEX projects, facilitate analysis of gaps/trends and areas of improvement
- Support all departments of the business, in terms of analysis and providing specific information
- Prepare monthly Business Review and Region Board Presentations for overheads and cash related sections
- Present actuals comparison vs Plan for all overhead dimensions to cost center owners on a monthly basis
- Contribute to the finance department as a whole and perform appropriate ad hoc tasks that this may involve
- Support Area Finance team for strategic planning period
- Respond appropriately to queries from local management and group finance teams
- Lead and coordinate cash, overhead and supply chain related processes improvements and ensure the respect of Ferrero standards and best practices
- Co-pilot the organization through business partnering responsibilities
Who we are looking for:
- Bachelor’s Degree
- Preferably +8 years of experience in a similar role
- Strong attention to detail, analysis and negotiation skills
- Comfortable working with strict deadlines
- Solid knowledge of SAP modules
- Solid written and verbal communication skills both in English and Turkish
How to be successful in the role and at Ferrero:
Consumers, quality and care are at the heart of everything we do. So, to be successful at Ferrero, you’ll need to be just as consumer and product centric as we are - dedicated to crafting brilliant results for consumers around the world.