Job Description Summary
Location(s):United States of America
Travel Required:00% - 25%
Job Posting End Date:Not Available
Job Description Summary:Let's digitize Coca-Cola together.
The Coca-Cola Company's IT and Integrated Services organization is in the midst of a transformation journey to help Coca-Cola work smart. We're moving with agility and speed to digitize the Coca-Cola business by putting people at the heart of our services and evolving capabilities through a “refreshed” operating model and strong partnerships. Our people (all with different backgrounds, skills and perspectives) work together to drive more consumer transactions, create an engaging and productive environment that keeps pace with changes in our market, and enable all Coca-Cola employees to drive growth in their respective roles.
Every day will not be the same. We are constantly growing and maturing our skill sets. We are partner-oriented but customer-centric. We are transparent and open yet quick and adaptive. We value inclusion and are open to new ideas.
This role provides financial leadership for the company's franchised bottler portfolio for all markets (US and International) and is accountable for accounts receivable management for a portfolio of approximately $1B in exposure spanning the franchised bottler community. This A/R represents the cash realization of invoiced revenue of approximately $15B annually and encompasses the sales of Company-produced products to the Coca-Cola bottling system. The A/R Manager leads a retained team of 5 associates based in the US and (secondary location). Serves as a liaison between the company's franchised leadership team and the company's managed service provider.
Provides strategic and finance direction, policy interpretation, and operational decision making to franchise leadership and finance, as well as cultivates and maintains relationships with business (customer / bottler) clients.Provides guidance and oversight/performance management for the retained and Managed Service Provider's accounts receivable organization in the administration and handling of accounts receivable. Ensure financial controls are being met in the management of accounts receivable and the resolution of associated customer (bottler)claims.
- Provide leadership and direction to the Managed Service Provider in managing accounts receivable for franchised bottlers in order to maximize receivable turnover and minimize amounts becoming past due or impaired
- Continually review and analyze accounts to ensure that account balances are within expected ranges and payment trends are in line with company standards
- Provide input related to forecasting as it relates to collections, providing guidance to team for goal attainment, and feedback to management relating to ongoing accounts receivable status
- Plan, organize, lead and control the activities of the group including the management of the retained staff, the staffing level and organization of the Managed Service Provider'steam. This includes operational and strategic efforts supporting business process improvement including cost management opportunities and initiatives.
- Understand regional and country-specific differences required in the management of the portfolio across different geographies
- Develop and drive best practices in operations and processes ensuring consistency with company requirements, internal and external controls and audit requirements according to the Chart of Authority, and in compliance with control policies
- Develop management reporting mechanisms for daily, weekly, monthly tracking of accounts receivable performance and perform routine audits of accounts receivable transactions being executed by the Managed Service Provider.
- Provide leadership regarding the implementation of new business models, customer (bottler) strategies, or sales initiatives
- Serve as a consultant and subject matter expert to external clients regarding business policies, procedures, processes, and measures that drive the realization of business strategies (e.g., accounts receivable management, claims resolution)
- Active participant at the leadership team level for the Business Units supported and conduct in-person client and customer / bottler meetings to review the status of results for the customer portfolio versus performance standards and goals, and take specific actions or make recommendations in order to ensure performance goals are met
- Foster an environment of operational excellence and promote/implement continuous improvement practices
- Develop and maintain relationships with senior finance and business leaders with our largest bottlers as well as internally within the business
What you need to be successful
- University/Bachelor's Degree in Finance, Accounting or related discipline. MBA or other advanced degree is a plus.
- 10+years of experience in Accounts Receivable in a commercial / business-to-business environment and experience managing large dollar portfolios.
- Prior experience in general finance / financial accounting desirable
- Knowledge of cash management principles used within a business environment
- 5+ years prior experience at management level required including prior management and employee development experience including the direct supervision of both management and staff level employees
- Proven track record in successfully leading teams and management against tight deadlines
- Demonstrated experience in improving efficiencies based on targeted metrics
- Prior experience working with internal clients and external customers to resolve finance, accounting or cash application issues
- Month end closing processes and knowledge of accounting principles
- SAP FI, Microsoft Excel
- Forward thinking, proactive, strategic, detail-oriented, results-oriented, positive attitude and self-motivated
- Excellent interpersonal and customer service skills
- Strong written and verbal communication
- Excellent organizational, problem solving and analytical skills
- Ability to drive results while enforcing controls and maintaining financial objectivity
- Strong client relationship skills
Our Growth Culture:
One of the reasons our company continues to thrive after 130+ years is having a company culture that supports and rewards behaviors that lead to growth. Our “Growth Behaviors,” as we call them, are ways of being and working that help to make us successful. Think about how you can bring this to life in your next role at Coca-Cola.
Keep seeking, never settle. Staying curious about what is outside, and two steps ahead inspires us to challenge the status quo. Having the courage to look and leap is the way we grow. Because asking “what if?” pushes us to the next level as people and as a company.
Make it happen. True empowerment is the result of taking responsibility. This means giving yourself permission to see it, say it and do it, and owning the outcomes. Because we move forward faster when we all take action.
Version 1.0, 2.0, 3.0
Push for progress, not perfection. There are very few overnight successes. Greatness is borne of many little victories (and failures). Share v 1.0, test it, and make it better. Then create the next version. Because the moment we think something is perfect, it will be obsolete.
Include, value and trust each other. We are smart alone but together we are genius. This means being inclusive, giving the benefit of the doubt and being responsible for each other. Because, for our company to thrive for the next 100+ years, smart isn't enough. We need genius.We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class. Apply Back to Top