Manager, Record-To-Report Finance

Finance Manager, Record-to-Report (People Leadership Role)

Location: London, UK

The Coca-Cola Company is a 135+ years old total beverage company, offering over 500 brands in more than 200 countries and territories. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We’re also working to reduce our environmental impact by replenishing water and promoting recycling. With our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide.

Learn more at Coca-Cola Journey at www.coca-colacompany.com.

Position Overview

The RTR (Record-to-Report) Finance Manager is responsible for ensuring the accuracy, integrity, and compliance of the company's financial records and reporting processes. This role involves managing a team, overseeing financial reporting, account reconciliation, compliance, and process improvements.

The role covers all Costa legal entities and operating units.

The role is supported by a team of Finance Analyst for which the role will act as line manager.

What You’ll Do for Us

Financial Transactions Recording:

• Record daily financial transactions into the organization's accounting software or ERP system.
• Ensure accurate coding of transactions and adherence to established accounting policies.

Month-End and Year-End Closing:

• Manage the month-end and year-end closing processes, including journal entries and reconciliations for the areas of focus under your control.
• Help ensure all financial transactions are properly recorded and documented.

Account Reconciliation:

• Supervise the reconciliation of key accounts, such as Accruals, Pre-Payments and other control items including areas as diverse as intercompany and tax.
• Identify and resolve discrepancies in a timely manner.

Financial Reporting:

• Prepare and review financial reports as part of the close process with the aim of being able to review results, identify potential issues/errors and make appropriate judgements and changes to support the delivery of accurate results.
• Ensure compliance with Generally Accepted Accounting Principles (GAAP) and other applicable regulations.

Compliance and Regulatory Reporting:

• Ensure compliance with relevant accounting standards (e.g., GAAP, IFRS) and regulatory requirements.
• Stay updated on changes in accounting regulations and implement necessary updates to financial processes.

Internal Controls:

• Follow established internal control procedures and contribute to the maintenance and improvement of internal control processes.
• Help identify and mitigate financial risks.

Team Management:

• Lead and mentor a team of financial professionals, providing guidance, training, and performance evaluations.
• Foster a collaborative and high-performing team culture.

Process Improvement:

• Identify opportunities for process optimization and automation to enhance efficiency and accuracy.
• Implement best practices and leverage financial software and tools.

Audit Support:

• Coordinate and facilitate internal and external audits, ensuring the availability of necessary financial records and documentation.
• Address audit findings and recommendations.

Communication Focus:

• Communicate with various departments, including OU Finance teams, FP&A, Source to Pay, Order to Cash, legal, tax and wider Coca Cola Company teams.
• Communicate financial information effectively to stakeholders.
• Delivery of standard approaches to interaction and communication into the accounting services team.

Qualifications and Requirements

• Professionally qualified accountant (ACCA/CIMA/ICAEW/Local Equivalent) or QBE.
• 1-2 + PQE years of experience in financial reporting, accounting, or auditing, with a strong background in financial analysis and compliance. Previous experience in a finance manager role.
• Line management experience and ability to set targets, monitor performance and provide feedback to team members.
• Understanding of core accounting processes and standards to ensure general ledger management is compliant with local reporting requirements and tax compliance requirements.
• Knowledge of accounting principles and regulations, including GAAP.
• Strong analytical and problem-solving abilities, with proficiency in financial modeling and data analysis.

What We Can Do For You

You will be part of the Finance Hub team where teams are the new heroes and our leaders are expected to be role models, set the agenda and help people bring their best. We are delivering against our global purpose, of refreshing the world and making a difference.

We offer:

• Career growth and development: Leveraging our boundaryless network, we provide access to educational platforms and provide coaching, mentoring and feedback, as a part of our Leadership & Development process.
• Diverse and inclusive culture: You’ll be embraced for who you are and empowered to use your voice to help others find theirs. We want to make our culture inevitable.
• International Experience: Become part of international projects and work along multicultural teams, through our global network.

We want to build together with you the Finance Hub of the future.

As Platform Services Finance Hub, we do not follow a rigid location strategy, though we have assigned preferable locations for new roles based on business and compliance requirements. Candidates located outside these preferred areas are invited to apply and each application will be reviewed individually, based upon the requirements of the position and local compliance/regulatory guidelines.

Skills:

Collaborative Leadership; Financial Statements; Troubleshooting; Enterprise Resource Planning (ERP) Systems; Generally Accepted Accounting Principles (GAAP); Customer Service; Microsoft Office; General Ledger (GL); Accounts Payable Process; Communication; Cost Accounting; Process Reviews; Financial Accounting; Microsoft Power BI; Financial Forecasting; Tax Legislation