Coca Cola Icecek Pakistan is looking for Finance Executive - Commercial Finance for its Finance Function in Lahore.
Finance Executive - Commercial Finance
Assisting Commercial and Supply Chain Finance Manager this position is responsible for management of Brand / SKU P&L, providing analytical and decision-making support on Volumes, Revenue, Discounts & Other Commercial top line KPIs and leading new product development value chain analysis.
This role requires frequent inter-departmental communication: working in liasion with Marketing Innovations, RGM, Supply Chain, Channel Finance and Group Office Finance.
1) Provide support in the preparation of Annual Business Plan and Rolling estimate from a brand / SKU P&L perspective.
2) Variance analysis; preparing variance analysis v/s previous period & budget for brands & SKU profitability. Providing insights & recommendations to improve profitability metrics.
3) Build system financial data-base by brands & packs. Develop management dashboards that report on the performance of the Brand / SKU profitability. Suggesting mix shift [high profitability packs to be pushed further in the market.
4) Execute SKU Rationalization projects; minimizing the loss-making SKUs to create value for the business.
5) Business partnering with the RGM team in driving improvement in SKU profitability through pricing & promotions scenarios. Recommending an optimal level of promotions while satisfying corporate guidelines.
6) Business partnering with the RGM team in driving improvement in SKU profitability through pricing & promotions scenarios. Recommending an optimal level of promotions while satisfying corporate guidelines.
7) Manage and analyze deductions budget; identify and report risks/opportunities in the deductions budgets.
8) Preparation and submission of SKU RE profitability to GO Finance.
9) Preparation of monthly SKU profitability and leading the territory P&L preparation process by providing inputs for standardized COGS & warehousing cost SKU wise.
10) Analyzing complex data around price mix levers - Volume, Product mix & Price mix; Monitoring & analyzing net sales revenue drivers.
11) Act as the Finance Business Partner for all new product launches & formulation changes; developing value chain models [cross system]
12) Provide insights to TCCEC and CCI PK leadership to support decision making in profitable expansion of products and package portfolios.
13) Support in projects with the aim to optimize the CCI PK portfolio. Performing scenario modeling to allow marketing to weigh up alternative strategies/tactics.
14) Develop and maintain partnerships with stakeholders including finance counterparts, marketing category team & RGM, Supply chain [Procurement / Quality/warehousing] to influence decision making.
15) Oversee and drive activities of Finance Analysts, coaching and mentoring to support organization people agenda; support Finance Analyst for their respective IDPs - tracking performance against objectives, creating successor for the role - capability development
Minimum Qualification: Bachelor
Preferred Qualification : Professional Accounting / Finance Qualification : ACA, ACCA,CFA, CMA, CPA, SMMM, CIMA/ACMA etc.