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Global Statutory Reporting Lead, Coca Cola Finance
2 months ago
About The Role
We are seeking a highly skilled Global Statutory Reporting Lead to join our Finance team at The Coca-Cola Company. As a key member of the team, you will play a critical role in shaping our statutory reporting processes and ensuring compliance with the latest regulations.
Company Overview
The Coca-Cola Company is a world-class partner providing tech-enabled, data-driven insights to its stakeholders. Our Finance Hub is dedicated to driving improvement to overall shareholder value through efficient core processes. As a leader in this space, we foster a culture of partnership, integrity, and accountability.
Job Description
In this role, you will spearhead best-in-class compliance by planning timelines and staying abreast of the latest reporting rules. You will drive the evolution of statutory reporting by leveraging the latest technology, standardizing and enhancing processes, and maintaining top-tier data quality through vibrant cross-functional collaboration.
You will partner with various finance teams and senior leadership to evaluate statutory compliance, manage escalations, and ensure seamless business continuity, making a significant impact within the Finance Hub-Financial Operations Service Delivery organization.
Key Responsibilities
- Leads a regional team of Statutory Center of Excellence Controllers (Stat Controllers) and manages the audit process for that region, including the planning of audit timelines and tracking of compliance.
- Keeps abreast of the latest statutory reporting rules and requirements applicable to the legal entities in the region.
- Takes global ownership of:
- The local generally accepted accounting principles (GAAP) impairment process for investments, trademarks, and other tangible or intangible assets, including identifying the most appropriate methods for testing, horizon scanning for changes or potential issues, and working with other teams.
- Collaborates and communicates with multiple cross-functional stakeholders from various points of the enterprise's organizational hierarchy.
- Drives the evolution of the statutory reporting space to ensure the data gathering, preparation, and audit execution processes are standardized and leverage the most up-to-date technology and controls.
- Keeps a pulse on data quality, bearing in mind compliance with standards and consistency of information output for statutory reporting and business consumption in partnership with various teams and stakeholders.
- Partners effectively with other Finance Hub teams, Corporate Development, Corporate Tax, Accounting Research, and audit service providers primarily to support the audit process;
- Updates scope of remit as applicable for global tracking when new legal entities are established or when specific entities are liquidated and understanding audit needs and path to reporting;
- Evaluates the reasonableness and adequacy of the reporting process for statutory compliance while considering overall risk and engages senior leadership accordingly;
- Manages escalations and resolves issues raised by the team and stakeholders;
- Enables business continuity by establishing resource and other protocols in partnership with the Finance Hub team to support specific risk scenarios; and
- Is a manager/leader member of the Finance Hub-Financial Operations Service Delivery organization.
Experience and Skills
- 5+ years of leadership experience in Finance with a geographical work scope, involving financial and/or management accounting areas requiring influencing, communicating effectively, and collaborating with senior leaders and stakeholders.
- MBA, CPA, ACCA, or equivalent certification preferred.
- Working knowledge of US GAAP and IFRS/Local GAAP as discipline basis for statutory reporting.
- General knowledge of regulatory environments.
- Understanding of financial and/or information tools and systems.
- Relevant involvement in significant change projects and initiatives.
- Virtual management across cultures and time zones.
- Experience in a multinational company with a global footprint.
- Operational excellence mindset.
- Strong demonstration of business acumen, financial competency, audit discipline, language fluency, global thinking, effective communication, systems proficiency, change adaptability, flexibility, being able to operate in ambiguous situations, people management, business partnership, and collaboration, and risk management.
Salary Range
$120,000 - $180,000 per annum, depending on experience.
Benefits
We offer a comprehensive benefits package, including health insurance, retirement savings plan, paid time off, and opportunities for professional growth and development.
