Franchise Finance Director - Colombia and Venezuela

Location(s):

Colombia

City/Cities:

Bogota

Travel Required:

Relocation Provided:

Job Posting End Date:

October 2, 2024

Shift:

Job Description Summary:

For 138+ years The Coca-Cola Company has grown to become the most recognizable brand in the world. As we have diversified our portfolio organically and inorganically, we are constantly adapting and leading the ever-changing market. As we navigate the dynamic global environment, we continue to evolve and innovate.

As a Franchise Finance Director for COVE, you will be the financial leader of Colombia and Venezuela. The largest Franchise in the Central Zone.

This position is focused on delivering business results and improvements on system financials while ensuring an appropriate control and governance environment.

In this role, you will be the main financial point of contact and in charge of relations with Operations General Manager, Country Managers, Bottlers’ CFOs and other key internal/external stakeholders within COVE

What You’ll Do for Us:

Management of Bottler Interactions:

• Act as primary point of contact and ensure a healthy relationship with bottling partners
• Manage System Health discussions with the Bottlers
• Identify and make recommendations of new opportunities with Bottlers
• Reviews proposals for projects
• Review any support requests
• Track and mediate ongoing initiatives
• Liaise with Bottlers for receivables management and credit control
• Maintain Bottlers within credit limit, follows up on overdue accounts and negotiates repayment schedules .

Support Operation:

• Provide financial insights to understand business performance vs plan and support planning process
• Lead financial development and reviews for projects (CIF or Ad-Hoc)
• Control concentrate and other pricing and/or cost sharing models
• Negotiate and align marketing, customer, and other investments
• Evaluate Key Accounts and ensure fair profit sharing
• Support leadership team on special projects and analysis to strengthen the portfolio and share

Management of KO Financial Information

• Validate operating results and proactively makes specific recommendations for financial improvements
• Track and ensure accurate metrics are used for management of financial risks
• Lead System Economics for Central America
• Validate accuracy of volume and risks for the monthly Rolling Estimate, supporting the
• Finance Director.
• Lead monthly financial result meetings with Operations General Manager
• Ensure DMI control, accuracy reporting under TCCC (The Coca-Cola Company) policies and guidelines

Internal Controls

• Ensure Company Internal Control requirements are in place and followed for all the FU operations.
• Manage the cooperation within the teams to ensure full compliance with Company policy & procedures.

Qualification & Requirements 

• Deep understanding of the System’s metrics and economics
• Solid financial knowledge
• Strong influencing and negotiating skills, built on a fact-based approach
• Demonstrate great ability to analyze and synthesize complex and/or incomplete data
• Creative problem-solving skills
• Relationship-building and networking skills
• Change management
• Communicating effectively
• Thinking systemically
• Self-Motivated, capable of working under continuous pressure

What We Can Do for You:

• Flexible Time: As a company we support collaboration, getting work done effectively and providing employees with the flexibility they need on an individual basis.
• Global Connections: Allows you to develop, enhance and maintain global connections that allow us to act faster and learn from people all over the world.
• Leadership Development Programs: We have a wealth of continuous learning opportunities to help you grow and develop as an inspirational leader.
• Belonging to a Community: We are an Organization that believes in our ability to continually grow and build the right atmosphere where people feel safe and empowered, allowing everyone to bring their best to work.
• Diverse Customers: We work with thousands of customers each day which range from international large-retail chains, grocery stores, restaurants, airports, and so many more.
• Agile & Innovative Software Platforms: Each day we are working to improve efficiency and reporting using top tier platforms and technologies.

Skills:

Agile Methodology, Business Analytics, Business Processes, Communication, Compliance, Data Management, Data Modeling, Financial Forecasting, Forecasting, Group Problem Solving, Influencing, Leadership, organization, Storytelling, Strategic Thinking, System Economics, Waterfall Project Management

Our Purpose and Growth Culture:

We are taking deliberate action to nurture an inclusive culture that is grounded in our company purpose, to refresh the world and make a difference. We act with a growth mindset, take an expansive approach to what’s possible and believe in continuous learning to improve our business and ourselves. We focus on four key behaviors – curious, empowered, inclusive and agile – and value how we work as much as what we achieve. We believe that our culture is one of the reasons our company continues to thrive after 130+ years. Visit Our Purpose and Vision to learn more about these behaviors and how you can bring them to life in your next role at Coca-Cola.