Director, Operations Finance

The Coca-Cola Company

Jan 9, 2025

Applications are closed

Job
Full-time
Expert Level
Business, Operations & Strategy
Banking & Finance
Johannesburg

Requirements

Bachelors degree in business or related fields
>8-10 years of leadership experience in senior financial planning or senior operational finance roles
Leadership and management experience, as a highly efficient communicator and influencer at all levels
Experience within the CPG industry is an added advantage
As a member of the Franchise Finance Leadership team, this role will likely have a limited number of direct reports and/or provide leadership and guidance to other Finance managers and analysts within the team.
Analytics
Communication & Influencing
Enterprise-wide / Transversal initiatives
Flexibility
Advanced Financial skills/ Business Acumen

Responsibilities

Partner with Franchise leaders and Africa Operating Unit Finance team leading discussions to facilitate strategic decisions and develop comprehensive operational and financial analysis Impacting the quality of every business decision, including:
Assess overall business performance and collaborate across the franchise and bottler to assess commercial and marketing investments, as well as productivity opportunities to drive profitable and balanced growth, with strong focus on Volume, Revenue, Operating Income and Market Share.
Manage franchise (bottlers) and customer relationships at the local level, support insights and decision support on local business issues.
Quantitative and qualitative local Bottler/Customer analysis as well as Rebate and deduction negotiations with external parties.
Collaborate with Category, Franchise leaders and Africa Operating Unit Finance on Innovation projects ensuring the development of holistic Business cases and comprehensive system financial assessment.
Collaborate with Africa Operating Unit Finance team by stewarding the maintenance of solid internal control environment and driving a culture of compliance within the Franchise.
Manage all Business Models and drive balanced System Financial health within the Franchise, including:
Assessment and execution of revenue business models (Fixed vs hybrid vs incidence) optimization and balanced system/KO top line growth
Concentrate Pricing negotiations with Bottlers at Franchise level
Track Brand/Pack/Channel margins and bring margin discipline to operational business decisions
Develop, implement Margin optimization strategy across the entire system value chain
Leverage the network and execute locally Global margin strategy
Manage Mergers & Acquisitions and Revenue growth Management initiatives:
Main contact point for Merger &Acquisition/Tax/Treasury analysis and assessment at Franchise level
Lead the financial implementation of new business models
Support Financially all RGM initiatives deployment at Franchise level
Determine pricing strategy and objectives
Provide Financial input into new product / service development process
Analyze and Support Working Capital and Cash Management :
Support Working Capital and Cash Management Optimization initiatives at Legal Entity / Franchise level
Interact with local internal and external stakeholders to drive working capital optimization

FAQs

What qualifications are required for the Director, Operations Finance position?

A Bachelor's degree in business or related fields is required, along with 8-10 years of leadership experience in senior financial planning or senior operational finance roles.

Is experience in the CPG industry necessary?

While experience within the CPG industry is an added advantage, it is not explicitly required.

What does the role involve in terms of working with franchise leaders?

The role involves partnering with franchise leaders and the Africa Operating Unit Finance team to facilitate strategic decisions and develop comprehensive operational and financial analyses.

Will the Director have direct reports?

Yes, this role may have a limited number of direct reports and/or provide leadership and guidance to other finance managers and analysts within the team.

What kind of travel is expected for this position?

The position requires 25% travel.

Are there specific skills emphasized for this role?

Key skills include communication, leadership, data modeling, business analytics, strategy development, and financial forecasting, among others.

What is the focus of the financial strategy that the Director will be responsible for?

The Director will focus on creating and executing a strong finance strategy to drive growth and profitability, impacting volume, revenue, operating income, and market share.

Does the company offer an annual incentive program?

Yes, the annual incentive reference value is market-based and competitive for the role, indicating target performance.

What is meant by "margin optimization strategy" in the role description?

It refers to developing and implementing strategies that enhance profit margins across the entire system value chain.

How does this role contribute to working capital and cash management?

The Director will support working capital and cash management optimization initiatives at the franchise level and interact with stakeholders to drive these efforts.

The Coca-Cola Company

Retail & Consumer Goods

Industry

10,001+

Employees

1892

Founded Year

Mission & Purpose

The Coca-Cola Company is a global beverage corporation that offers over 500 brands in more than 200 countries and territories, including well-known products such as Coca-Cola, Dasani, Fanta, and Sprite. Their ultimate mission is to refresh the world and inspire moments of optimism and happiness through their beverages. The company's purpose is to continually transform their portfolio by reducing sugar in their drinks, introducing innovative products, and minimising their environmental impact through initiatives like water replenishment and recycling. With their bottling partners, they employ over 700,000 people, contributing to economic opportunities in communities worldwide.