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Director, Cash Flow Delivery

AT Coca-Cola
Coca-Cola

Director, Cash Flow Delivery

Drogheda, Ireland

We are hiring for a Director, Cash Flow Delivery. This role will report to the Senior Director, Treasury Operations, and be primarily responsible for leading cash flow forecasting and analysis on KO legal entities within the scope of the Finance Hub. They will also be a core team member on the cash flow initiative, Project Cash King.

Focus, Scope, & Impact:

  • Support and drive the free cash flow initiative, drive short-term planning and financial processes, and perform detailed financial analysis and modeling to develop data and business-driven insights.
    You will have the opportunity to work with a global focus, build relationships and collaborate across the organization, and obtain a deep understanding of the different lines of business and markets.

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Global Finance is looking to improve the end-to-end cash flow reporting, forecasting and management for the company. A small, fully dedicated project team is being created to work with subject matter experts to perform a deep review and diagnostic of all parts of the cash flow for the company, including the calculation, reporting, and forecasting our cash flows. Focus of this role over the next 12-18 months will be on this free cash flow initiative (through the lens of short- and medium-term enhancements), with heavy focus on current process improvement (both actuals and forecast) and strong analytics to drive insights that will be leveraged to help drive decision making.
The project scope will include the following tasks:
  • Test, analyze, and refine cash flow actuals derived from the new cash flow reporting tool. Through testing and analysis, this person will engage with the field/operations to understand transactions and or accounting processes, and ultimately partner with key stakeholders to drive optimization / standardization.
  • Identify and fully understand the links between P&L and cash flow to align both forecasting processes.
  • Help design and formalize the end-to-end cash flow forecasting process, including defining scope, primary owners, and the timing of submissions.
  • Engage with free cash flow forecast preparers and other stakeholders (e.g. Treasury, Corporate Development, Operating Units, Tax etc.) to understand analytical needs that will drive forecasting accuracy.
    • Specific Role Responsibilities:
    • Lead cash flow forecasting and cash flow actuals analysis (Direct Method) for KO legal entities within the scope of the Finance Hub.
    • Collaborate across the organization to improve forecasting and insights in this area - FP&A, OU Finance, CPS Finance, Controllers Group, Corporate Treasury, etc.
    • Develop actionable working capital metrics at an OU and Legal Entity level.
    • Provide financial and business insights and recommendations.
    • Conduct routine and ad-hoc financial analysis and scenario planning.
    • Build and enhance financial models, reporting tools, and dashboards.
    • Develop a thorough understanding of our business models and priorities.
    • Translate data and insights into clear and compelling stories and recommendations.
    • Lead initiatives to optimize the efficiency and effectiveness of the Finance Hub.
    • Interact and develop relationships with teams and leaders across the company.
    • Comfortably support simultaneous and varied projects, deliverables, and priorities

    KEY SUCCESS PARAMETERS

    Experience

    • Minimum of 7 years of experience in finance or a related role in a multi-national company with a global footprint. Preferably experience in working across different cultures and time zones.
    • Bachelor's degree in business administration, finance, accounting, economics, or a related field is required; MBA, other advanced degrees, CPA, or CFA is a plus.
    • Strong understanding of financial reporting and financial statements - balance sheet, cash flow, income statement.
    • Advanced Microsoft Excel and PowerPoint skills
    • Advanced experience with financial software tools including SAP and Hyperion.
    • In-depth knowledge of financial modelling, budgeting, forecasting, and variance analysis techniques.
    • Excellent analytical problem-solving and decision-making skills, with the ability to translate complex financial data into insights.
    • Strong demonstration of business acumen, financial competency, English language fluency, global thinking, effective communication, systems proficiency, change adaptability, flexibility, being able to operate in ambiguous situations, business partnership and collaboration, and risk management.

    Client-provided location(s): Drogheda, Co. Louth, Ireland
    Job ID: cocacola-R-108093
    Employment Type: Other

    Perks and Benefits

    • Health and Wellness

      • Health Insurance
      • Health Reimbursement Account
      • Dental Insurance
      • Vision Insurance
      • HSA With Employer Contribution
      • Short-Term Disability
      • Long-Term Disability
      • On-Site Gym
      • Life Insurance
      • FSA With Employer Contribution
      • Mental Health Benefits
    • Parental Benefits

      • Birth Parent or Maternity Leave
      • Non-Birth Parent or Paternity Leave
      • Adoption Leave
    • Work Flexibility

      • Flexible Work Hours
      • Remote Work Opportunities
      • Hybrid Work Opportunities
    • Office Life and Perks

      • Commuter Benefits Program
      • Happy Hours
      • Company Outings
      • Casual Dress
      • Snacks
      • On-Site Cafeteria
    • Vacation and Time Off

      • Paid Vacation
      • Paid Holidays
      • Leave of Absence
      • Volunteer Time Off
    • Financial and Retirement

      • 401(K) With Company Matching
      • Pension
      • Performance Bonus
      • Relocation Assistance
      • Financial Counseling
    • Professional Development

      • Tuition Reimbursement
      • Promote From Within
      • Mentor Program
      • Access to Online Courses
      • Lunch and Learns
      • Internship Program
      • Leadership Training Program
    • Diversity and Inclusion

      • Diversity, Equity, and Inclusion Program
      • Employee Resource Groups (ERG)