Treasury Wine Estates (TWE) is one of the world’s largest wine companies, listed on the Australian Securities Exchange (ASX.TWE). The Company has a rich heritage and a portfolio of some of the most recognized and awarded wine brands in the world, including Penfolds, Stags’ Leap, Beaulieu Vineyard, Beringer, 19 Crimes, Matua, Chateau St Jean, Sterling Vineyards, Cavaliere D’Oro and Etude. TWE is focused on portfolio premiumization and brand-led marketing, with world-class production facilities in internationally recognized wine regions. The Americas head offices are situated in Oakland and Napa California. Our production and winery facilities are located in the iconic wine growing regions of Napa Valley, Sonoma County and the Central Coast. The Company sources grapes for our extensive US wine portfolio from a mix of owned, leased and grower vineyards through California, with wine production facilities also in California. Employing approximately 3,400 winemakers, viticulturists, sales, marketing, distribution and support staff across the globe, TWE’s wine is sold in more than 100 countries around the world. Learn more about Treasury Wine Estates at www.tweglobal.com.
About the Role:
TWE seeks a Senior Finance Analyst to support our Grape Resources team on strategic decision-making. This role will uphold financial responsibilities of cost accounting, reporting, and governance.
This role will Lead support in the financial management of the Grape Resources operational and capital expenditure budget – Dimensions: $80m vineyard spend; over 12,000 planted acres across 45+ vineyards with 25,000+ tons of annual production. Grower-supplied grapes of 40,000+ tons and $75m+ in spend across all growing regions in California, including but not limited to:
Lead the preparation of the annual operating budget and develop periodic forecasts of business performance versus plan to support the Integrated Business Planning (IBP) process.
Partner with vineyard management to conceptualize, develop, and implement financial opportunities.
Support by conceptualizing and developing financial models that translate into meaningful insights and business recommendations
Partner with vineyard operations to integrate vineyard farm practices and plans into financial plans – budgets, forecasts, & long-term plans
Provide monthly analysis of financial performance (actual vs. budget), tying financial results to operational actions. Report information to the appropriate level of detail for the intended audience (ranging from tactical positions to senior management) and capture financial risks and opportunities.
Support capital expenditure proposals and other business decisions with solid, fact-based financial analysis
Become an integral participant in the vintage costing process to support annual product costing and long-term COGS planning.
Administer the cost allocation process for valuing internal vineyard production (block costing) to gauge the performance of internal vineyards
Partner with supply planning function to develop grape pricing tolerances to support grower and bulk wine contract decisions; produce price-volume-mix (PVM) analysis of the grape sourcing portfolio; perform analysis to estimate the financial implications of proposed business actions.
Partner with cross-functional teams to efficiently administer vineyard leases, property tax obligations, and grape sales
Support processes to ensure accurate and timely recordkeeping of vineyard additions/retirements for fixed assets
Accurately document financial forecasts and budgets in the required systems and reports
Assist in any half year & year-end audit requirements, independently preparing all requested schedules in the timeline required
Partner with Regional Controller to ensure group compliance with all company policies and financial controls
Consistent exhibition of our Growth Behaviors (Focus, Belief, Trust, Collaboration)
Accept coaching and direction from manager. Solicit and act on feedback from manager, peers, and partners.
Other duties and responsibilities as assigned.
Bachelor’s degree in Business, Accounting, Finance, Economics, or related analytical discipline from an accredited institution. MBA may substitute for undergraduate degree requirement.
Minimum 5 years of successful, progressively responsible experience in related field; manufacturing/consumer/agricultural-products experience required.
Strong detail and accuracy orientation. Proven analytical experience in accounting/finance.
Demonstrated practical understanding of cash flow analysis and the time-value of money.
Well-developed interpersonal, oral, written and problem-solving skills a necessity.
Undeterred by challenges lacking a standard solution.