Romain SENECHAL

Main responsibilities:

1. Cash flow analysis and financial result at both Group level and affiliates level:
- Perimeter: Pernod Ricard Group, and Americas (distribution entities) + global brand affiliates (Irish whiskeys - Jameson, Cuban rum - Havana Club).
- Budget, annual and half-year estimates, monthly and half year reporting
Strong focus on cash flow generation levers.
Key indicators: working Capital ratios, conversion of Operating profit into Operating cash flow, conversion of net income into free cash flow, Net debt / EBITDA, cost of financing, debt maturity, cash on hand

2. Pension control (directly reporting to Group Pension Committee: Group CFO / Group HR / Legal Director / Group Treasurer):
- Implementation and follow-up of a global governance framework for all Group affiliates and specific cross-functional reporting for selected affiliates pensions schemes (4 bn euro liabilities), covering IAS 19 & local financing perspective, financial risk analysis as well as regulatory environment
- Organization of Group Committee meetings. Follow-up with affiliates on action plans
- Coordination of a triennial pension fund valuation (reporting to top management, collaboration with actuaries and other advisors): part of the Investment Team and support to the Negotiation Team.

3. Roll-out of a brand cash generation KPI across 28 affiliates, based on Hyperion data. Analysis at Group level by category presented to CFO.

4. Projects:
- Deployment of new cash management tools (forecast models, working capital ratios)
- Participation in information system improvement (Hyperion)
- Organization of Treasury Seminar

5. Implementation of cash centralization / upstream initiatives, mainly in Americas affiliates