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.