General & Inventory account

Maintain control over company Inventory and general accounting activities to contribute to the achievement of Company, Business Units, and local and individual business objectives in the areas of total delivered cost, value creation, productivities and capability. This role is to cover three of the core management information areas namely inventory management & Material Usage and Variance. This role also includes preparation and reporting of the monthly scorecard and operational metrics. All are fundamental to the Monthly Actual, Rolling Estimate, Region Standards and annual Business Plan.

Inventory – Full responsibility for plant inventory

• In accordance with company standards, and in conjunction with the planning department organize and drive MRB process
• Actively participate in the MRB process ensuring that all inventory movements are correctly classified in the appropriate status
• Follow up to ensure that MRB objectives are met by all departments involved through monthly MRP meetings.
• Raise RFA on if needed
• Actively participate and recommend methods to continuously lower write offs at both CPS and division levels
• Balance Sheet reconciliation of plant inventory and related provision accounts
• Analysis of inventory losses and presentation thereof
• Prepare manual invoices for quality samples
• Review inventory losses/ quality samples and post in SAP. Ensure full compliance with LCOA.
• Conduct monthly surprise audits of cycle count procedures and prepare reports to document variances to required standard as per SPP.
• Analyze and ensure inventory is correctly classified (using ABC classification) in accordance with SPP.
• Conduct the year end Physical count.

Cycle Counts Financial Audit

• Verify the counts are done regularly and on an ongoing basis.
• Document any exception to the procedure.
• Verify compliance with count frequency.
• Ensure that ABC classification is correct in the automated systems.
• Post count differences.

Daily Costing

• Support in costing of approved formulae (new products and reformulations) (if needed).
• Support in Managing the standard cost pricing conditions. Ensure Location Difference pricing conditions timely update in SAP and analysis for rolling estimates and actual (if needed).

Rs, Bp &re

• Support the Cost, Inventory & Compliance analyst in RS, BP and RE preparation as needed.

MUV Analysis

• Partner with production to develop robust MUV reduction plans and identify loss avoidance and saving opportunities to maintain current best in class levels.
• Twice a month downloads from SAP the MUV account. Analyze the variances generated. Communicate findings to the production team and apply corrective action immediately.
• Prepare management summaries that support and fully explain all variances vs. BP, prior RE & prior year.
• Using current MUV trends and production volumes forecast MUV for BOY.

Control and Compliance

• Monitor processes & ensure SOX compliance in areas of responsibility and recommend improvements; document standard operating procedures and work instructions in accordance with The Coca-Cola Quality System requirements.
• Support and enable internal (CAD) and external (E&Y) audits
• Managing the finance month end closing activities including journal voucher and balance sheet reconciliations.
• Create and maintain finance records on Company information systems in accordance with data standards and record-keeping guidelines. (Examples: Balance sheet analysis, SAP, Lotus Notes, Microsoft Office, GPS, hard-copy documents, JVs )
• Support in RS , BP and RE preparation .
• Uphold Company fiduciary responsibilities and controls; actively ensure and maintain adherence to Company standards and values, ethics, policies and procedures, and professional standards for self.
• Manage personal development needs in anticipation of business requirements.

Related Experience Requirements/Qualifications

• From three to five years of varied experience in a similar sized multinational organization in Finance, covering areas like General Accounting, Cost and Management Accounting, Accounts Payable, and Financial Reporting.
• Technical, logic and financial analysis skills
• Computer applications and information-systems skills
• Written and verbal communication skills
• Teamwork and team leadership skills
• Strong interpersonal skills required for dealing across total supply organization
• Change-management, creative-thinking and process improvement skills
• Time-management, prioritizing, planning and self-direction skills
• Manufacturing and supply-chain knowledge.