Senior Director, Benefits Accounting and Incentives Analysis

The Coca-Cola Company • Atlanta, GA

2d

About The Position

At the Coca-Cola Company, we are a center of excellence who work collaboratively to find new and innovative ways to strategically move the business forward by balancing the short-term results and long-term sustainability while proactively leading, shaping, and creating system value. This position is a leader on the Corporate Accounting team and is responsible for the financial close, forecasting, and reporting processes for Corporate Benefit items including annual and long-term incentives, Pension and Other Postretirement plans, corporate health and welfare programs, as well as other global benefit programs. This role will also prepare complex analysis and documents that are shared with the Executive Leadership team of the Company and Board of Directors committees.

Requirements

• Bachelor's Degree; CPA/MBA preferred.
• 10-12+ years of work experience in accounting.
• Generally Accepted Accounting Principles: knowledge of U.S. and local Generally Accepted Accounting Principles (GAAP)
• Transaction/Business Knowledge: ability to quickly grasp financial risk management and capital market activities
• Financial Analysis: the ability to analyze financial data (e.g., validity of data, scenario analysis, etc.) This includes creating spreadsheets, explaining variances, identifying issues, and making appropriate recommendations.
• Financial Systems: Knowledge of general ledger and financial reporting applications.
• Budgeting
• Communication
• Decision Making
• Economics
• Financial Analysis
• Financial Modeling
• Forecasting Process (Inactive)
• Generally Accepted Accounting Principles (GAAP)
• Group Problem Solving
• Internal Auditing
• Microsoft Office
• Preparation of Financial Reports
• Teamwork
• Value Chain

Responsibilities

• Prepare Long Term and Annual Incentive calculations, including computation of annual targets, results, and scenario planning. Direct interaction with senior leadership. This includes facilitating communications with the ELT and Compensation Committee of the BOD by creating presentations and summarizing results
• Partner with Global Benefits and other cross functional teams on preparation of the Company’s Proxy Statement (SEC Form DEF 14A)
• Oversee the Benefits Accounting close process for Defined Benefit pension plans and Other Postretirement (OPEB) plans, Long-Term Incentives, and other corporate management benefit programs
• Review complex benefit Items and recommend accounting and disclosure treatment to senior leaders of the Controller’s Group and Global Benefits, including preparing technical accounting memos and other documentation
• Accountable for aligning benefit accounting processes with the Finance Hub and the Consolidations and Reporting teams
• Plays a role as a thought partner to Global Benefits, Corporate Treasury, and FP&A on evolving accounting and financial reporting implications to strategic initiatives.
• Leadership of benefits accounting transformation initiatives including cross functional teams within and outside of accounting team
• Communicate P&L performance by delivering insights to senior leaders of FP&A, Controller’s Group and Corporate Treasury for Corporate managed benefit programs
• Review footnote disclosures and other information used in external financial reporting communications (Earnings Release, 10-K, 10-Q) for Pension, Stock Compensation, and disclosures
• Functions as key control owner for the Benefits accounting control environment, including SOX and other internal controls, partnering with EY, Corporate audit, and Controls Policy and Governance teams to ensure strong control environment
• Proactively identify inefficiencies, risks, and manual activities within Benefits accounting processes, and lead initiatives to streamline, standardize, and automate processes where applicable.
• Drive change management efforts related to enhancements in benefit-related forecasting and budgeting processes, reporting requirements, ensuring effective communication, adoption, and sustainability across teams.
• Coordinate with local and Global actuaries (3rd party service providers).
• People Management Team leadership and development activities. This position will have direct reports and provide leadership for certain activities to the larger team.
• Project oversight for various key initiatives including cross-functional teams within and outside the Controller’s Group.
• Lead teams through change by setting clear expectations, encouraging continuous improvement, and supporting the adoption of new processes, systems, and ways of working.
• Foster a culture of innovation and accountability, empowering team members to challenge existing processes and propose technology-enabled solutions.

Benefits

• Agile & Innovative Software Platforms: Each day we are working to improve efficiency and reporting using top tier platforms which include Alteryx, Power BI, & Tableau.
• Connections: We work cross-functionally across different business groups to make sure that we can put together the clearest numbers & projections for our customers.
• Diverse Customers: We work with thousands of customers each day which range from international large-retail chains, grocery stores, restaurants, airports, and so many more.
• A full range of medical, financial, and/or other benefits, dependent on the position, is offered.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level