Planning and System Economics Analyst Job at the Coca-Cola Company, 4th October, 2018

The Coca-Cola Company (NYSE: KO) is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands. At The Coca-Cola Company you can cultivate your career in a challenging and dynamic environment. We are the largest manufacturer and distributor of nonalcoholic drinks in the world-selling more than 1 billion drinks a day. Unlock your full potential with a future-focused company that is known and respected throughout the world. We recruiting to fill the position below:

Job Title: Planning and System Economics Analyst Job ID: R-03914 Location: Lagos Job Type: Full Time Department:  Finance Job Summary

• Supports Finance organization on system thinking related to financial policies, programs, company investments, long-range goals and objectives.
• This position provides accurate system economics analysis, insights, benchmarks and reports in a Region System Economics function. Supports Region System Economics Manager and Region Finance Manager in guiding the business by providing deep understanding of the financial condition and economics of the system.
• The role will be responsible for budgetary management of the Franchise DME, administering the MEM tool, while ensuring compliance with Company Standard Practices and Procedures.
• Contributes to provide the Franchise teams with accurate analysis, benchmarks and reports on a timely manner to ensure optimal allocation of resources in implementation of the Company's business strategies.
• Contributes to develop and provide details for a holistic view of the value creation across the system in order to support Region Finance Managers to identify risks & opportunities across the system within its specific Region.

Key Duties/Responsibilities Coordinate the Central Franchise Marketing DME for RE process - 40%:

• GL analysis for PL and balance sheet lines
• Effecting monthly MPP accruals and reversals on the system
• Analyzing currency exchange fluctuations as they relate to DME spend for FOs with currencies different from USD
• Effect timely DME freeze & shifts on directives from BU leadership and approved RFA's
• Effect timely DFR budget supplements on directives from franchise
• Brand Contribution Report - Monthly update and Communicate key deviation to finance and marketing teams
• Be the Financial consultant relating for Marketing associates on Marketing Expenditure Mgt
• Compile expected monthly DME expenses & submit monthly figures to Finance manager and RFMs
• Strategic & Annual Business Planning (BP) - Support CMI manager on the annual DME Business Planning process by: serving as marketing expense controller (MEC)for the BU. manage overspends
• Upload BP DME in Financial system as per submissions and direction by Business Unit leadership within the stipulated BP financials guideline
• Summarize DME by Country, by Brand category.
• Track IMC Charters and Assets - Per Global policy
• Budget Management and Control - Daily. Check that no supplements/returns are made outside BP without FD/MD approval.
• Share RE narratives for DME Vs Actuals
• Blackline approval for JVs relating to DME
• Prespend reclass analysis and JV preparation

Process Improvement - 10%:

• Supports BU P&A Team to achieve efficient, effective and sustainable finance processes and transactions
• Provides support to Finance Managers on reports/updates needed in Planning system
• Works with process owners to identify and implement continuous improvements in processes, systems and procedures
• Acts as a part of the process and ensures standard processes are followed.

Contributes in providing a complete view of the value creation across the system - 40%:

• New launches (extension, delist)
• Cold Drink Equipment investments
• Different OBPPC structures
• Pre, post promotion analysis
• CAPPRS performance tracking
• Validate proof of purchase of CAPPRS
• Understands, applies and articulates accounting and tax implications of all value sharing models
• Determines value creation between all parties from suppliers to consumers by preparing the system value chain
• Provides accurate system economics analysis and reports and supports Region System Economics Managers
• Supports Region System Economics Manager to analyze and assess gaps and to identify revenue growth opportunities and commercial opportunities
• Understands and provides the system revenue strategic framework from Long-Term (Long Range Plan) to yearly projections
• Supports in defining system investment and program risks and provides recommendations like:
• Bottler support investments, rebates
• Cold Drink Equipment and Bottler Capital Investments, etc.
• Performs financial analysis and performance tracking for investment decisions

Customizes Financial Guidelines and ensures guidelines are applied within Region - 10%:

• System Health Corridor guidelines
• Concentrate Pricing models
• New product development guidelines
• Incidence guidelines
• CAPPRS tracking guidelines

Communication Complexities:

• This indicates the level, purpose and complexity of the communications inside and outside TCCC. (Examples:  Across business unit, groups or global communications; Dissemination of information internally, externally or mixed; Negotiations with one party internally or multiple parties externally, etc.) Include any Company spokesperson responsibilities.

Internal:

• BU Planning & Analysis Manager (problem solving, brain storming, receives guidance, supervision, coaching)
• Region Finance Manager (service requests, issue management)
• Group planning team (Feedback on expectations/Client Management)
• Financial Services Representative (Following up Feedback on queries)
• Group and Business Unit Strategic Planning, Technical, and PAC Managers/Analysts (partner, support, data validation)

Analysis:

• This position consists of routine tasks or processes in accordance with predetermined, clearly defined steps. It also requires sophisticated and contemporary information management and superior analytic skills and expertise
• The individual must also possess exceptional collaboration and organization skills/capabilities; with the ability to multi-task, set priorities and meet deadlines.

Judgment and Decision Making:

• Distinguish between recommendations made to someone else and decisions where this job has final authority.  Indicate involvement (if any) with ABP and OBP development and execution.
• The rules set in agreed deliverables will be used to regulate transactions between BU and the Region.
• Contributes on creating the structure for business cases, assigns resources in the system and establishes processes and routines.

Innovation:

• Supports continuous improvement by applying standardized processes and templates.

Qualifications / Compentencies / Skills Foundational Competencies:

• Thinking systemically
• Understanding the system
• Acting as a team member
• Planning and organizing
• Demonstrating self-confidence.
• Analytical skills
• Influencing and negotiation skills
• Financial knowledge
• Optimizing strategic relationships and networks
• Attention to detail
• Communicating effectively

Technical Skills:

• Financial analysis
• Planning and forecasting skills
• Performance management
• GAAP, cost accounting / analysis
• Excellent computer skills (i.e. Excel).

Related Experience Requirements/Qualifications:

• Minimum 3 to 4 years of experience
• Accounting experience is a strong plus

Educational Requirements:

• Minimum:
  • University/Advanced Degree
  • Postgraduate/Master's Degree
• Preferred:
  • Doctorate/JD/Ph.D./MD

Travel Requirements:

• Minimal travel is required through BU locations.

The key Success-criteria:

• Provides accurate analysis and reports
• Meets deadlines
• Because of the necessary interaction with other departments, good interpersonal relationships are essential.

Leadership Behaviors

• Drive Innovation: Generate new or unique solutions and embrace new ideas that help sustain our business(encompassing everything from continuous improvement to new product and package innovation).
• Collaborate with System, Customers, and Other Stakeholders: Develop and leverage relationships with stakeholders to approximately stretch and impact the System (Company and Bottler).
• Act Like an Owner: Deliver results, creating value for our Brands, our System, our customers, and key stakeholders.
• Inspire Others: Inspire people to deliver our mission and 2020 Vision, demonstrate passion for the business and give people a reason to believe anything is possible.
• Develop Self and Others: Develop self and support others' development to achieve full potential.

Growth Behaviors

• Performance Driven And Accountable: Has high performance standards. Outperforms her/his peers.
• Fast/Agile: Removes barriers to move faster. Experiments and adapts. Thrives under pressure and fast pace.
• Empowered: Brings solutions instead of problems. Challenges the status quo. Has the courage to take an unpopular stance.
• Growth Mindset: Demonstrates curiosity. Welcomes failure as a learning opportunity.
• Smart Risk: Makes bold decisions/recommendations.
• Externally Focused: Understands the upstream and downstream implications of his/her work. Tracks and shares external trends, best practices or ideas.