Specialist, Finance – Collections & Deductions
Job Overview
Job title: Specialist, Finance – Collections & Deductions
Company: Coca-Cola
Job description: Facility Location- Toronto
Work Location –
Posting Locations – Toronto (GTA)
Department – Sales Reporting & Analysis
Job Function – Administrative/Clerical/Office Support
Employee Type – Regular Employee FT Salaried
Shift/Hours –
About Us
Proudly Canadian and Independently Owned, We are Coke Canada!
Coca-Cola Canada Bottling Limited is Canada’s premier bottling company. We are an independently owned business encompassing over 5,800 associates, more than 50 sales and distribution centers, and 5 production facilities nationwide.
We have a 120-year heritage of manufacturing, marketing, selling, and distributing the major branded ready-to-drink products Canadians love.
Our brands include: Coca-Cola®, Diet Coke®, Coca-Cola® Zero Sugar, Coca-Cola Life™, Sprite®, Fanta®, Barq’s®, NESTEA®, POWERADE®, Minute Maid®, DASANI® and Vitaminwater®; and our partner brands: Canada Dry®, Monster Energy® and A&W®.
We pride ourselves on building diverse and sustainable relationships with our customers, consumers, stakeholders and communities through our shared values: lead with an entrepreneurial mindset, collaboration, integrity, accountability, quality and safety.
About This Opportunity
A key member of Coke Canada’s Financial Services team, the successful candidate will be responsible of providing strong and direct support to the Canada Sales and Finance organizations in managing Collections and Deductions across all Customer Segments (National, Local and Distributor) with direct accountability on meeting Currency, Past Due and Loss Control targets.
Strong communication and leadership skills are required to connect with stakeholders across the organization and providing daily direction and guidance for our Outsourced Collections Team.
Responsibilities
- Working as a team with the Director | Treasury, Manager – Financial Services and an Outsourced Collections Team responsible for management of an AR portfolio of $200 – $250M
- Directly support the Daily Collection and Deduction Management process through interaction with our Outsourced Collection Team and as key liaison between Coke Canada Sales and all collection activities meeting Monthly, Quarterly and Annual goals
- Perform deep reviews of Key Customer Accounts for Collection & Deduction issues followed by cohesive plans to resolve aged balances with timely collection of past due amounts
- Participate in build of Weekly Communication Deck and Monthly Review with Sr Leadership to publish & review results, update on issues and set actions
- Build and leverage key relationships with Sales and Customer to ensure successful resolution of open, aged receivables and disputed deductions
- Learn and become expert in Collections and Deduction system tools and data sets; use to design enhanced reporting driving better Currency and Reduced Loss
Qualifications
- Bachelor’s Degree required with a concentration in Accounting or Finance preferred
- Intermediate Microsoft Excel and Powerpoint preferred
- Direct experience with AR Collections and Deduction Management tied to National level Customers required – minimum 3 years experience
- Excellent communication skills and proven ability to work directly with National Customers
- SAP work experience preferred
- Ability to provide creative strategic and value-added insights
- Proven effective written and oral communication skills
Important
All offers of employment at Coca-Cola Canada Bottling Limited (“Coke Canada”) are conditional upon a successful background clearance obtained through our contracted third-party vendor. The standard clearance requirements depend on the position and may include some or all of the following: criminal clearance, employment verification, education verification and driver’s abstract review. Please advise the Talent Acquisition team if you have any questions or concerns in regard to this once you are contacted for further consideration.
Coke Canada is committed to creating a diverse and inclusive workforce with a number of programs, policies and resources in place to support our people.
For individuals with disabilities, should you require accommodations or support throughout the recruitment process please contact our Talent Acquisition Services team by calling 1-844-383-2653 or email HR@cokecanada.com.
For more information about Coke Canada Bottling, please visit cokecanada.com
Expected salary:
Location: Toronto, ON
Job date: Sun, 30 May 2021 07:23:52 GMT