Finance Analyst II

1775 Recofarma Industria do Amazonas Ltda.; Brasil; On-site; BRL 120,000 - 160,000; Full time

Benefits offered by this job

Competitive benefits package

Global networking opportunities

Job summary

The Coca-Cola Company in Manaus, Brazil, seeks a Finance Analyst II to analyze and report P&L performance with emphasis on OPEX and Material Usage Variance (MUV). You will support period-end close, variance analysis, and management reporting, partnering with Operations, Supply Chain, and Finance stakeholders to explain drivers and improve cost visibility.

Responsibilities include SAP-based data extraction, bank reconciliations, balance sheet analysis, AP guidance, and continuous improvement of

Qualifications

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• 2–5 years experience in financial analysis, P&L reporting, FP&A, cost accounting, or controlling.
• Strong understanding of Opex and balance sheet fundamentals, accrual accounting, and variance analysis.
• SAP proficiency (reporting, data extraction, and navigation in relevant modules).
• Advanced Excel skills (pivot tables, lookups, complex formulas; Power Query/Power Pivot).
• Strong communication skills with ability to translate analysis into clear business insights.

Responsibilities

• Prepare periodic P&L reporting with variance commentary and insights.
• Monitor OPEX by cost center/account and support budget/forecast cycles.
• Analyze Material Usage Variance (MUV) and related variances with root-cause analysis.
• Support month-end close activities, reconciliations, and documentation for audits.
• Extract and analyze data from SAP to improve reporting automation and data reliability.
• Assist with bank reconciliations and cash-related activities.
• Support AP issue resolution and vendor inquiries with policy adherence.
• Identify opportunities to streamline close, reporting, and reconciliation processes.

Skills

SAP proficiency

Advanced Excel

Power BI

Azure

Blackline

Variance analysis

P&L reporting

Opex understanding

Data analysis

Communication skills

Education

Bachelor's degree in Finance or related field

Tools

SAP

Power BI

Azure

Excel

Blackline

Job description

Job Description Summary: Welcome to our world! Our culture encourages continuous improvement, learning and relearning. We prioritize safety, quality, environment, productivity and sustainability, working with purpose and delivering results. We believe and trust in our people and the diversity of our teams, to continue to thrive after more than 130 years of creating beloved brands, looking forward on a better future for all. You are applying for CPS Manaus Finance Analyst II position. Job Description Summary The Finance Analyst II is responsible for analyzing and reporting Profit & Loss performance with a strong focus on Operating Expenses (OPEX) and Material Usage Variance (MUV). This role supports period-end close, prepares variance analysis and management reporting, and partners with Operations, Supply Chain, and Finance stakeholders to explain performance drivers and improve cost visibility.

This role also supports key finance operations activities including bank reconciliations, balance sheet analysis, Accounts Payable guidance, Down-payments management, DCR management and other controllership/finance support tasks. Strong SAP capability, analytical rigor, and attention to detail are essential.

Qualifications & Requirements

Bachelor’s degree in Finance, Accounting, Economics, or related field. Experience in financial analysis, P&L reporting, FP&A, cost accounting, or controlling (2–5 years). Strong understanding of Opex and balance sheet fundamentals, accrual accounting, and variance analysis. SAP proficiency (reporting, data extraction, and navigation in relevant modules). Advanced Excel skills (pivot tables, lookups, complex formulas; Power Query/Power Pivot). Strong communication skills with ability to translate analysis into clear business insights.

Preferred Qualifications

Experience in manufacturing/operations finance, including material variance analysis (MUV, yield/scrap, standard vs actual). Exposure to SAP CO/FI and/or costing processes (product costing, cost centers, internal orders). Experience with Power BI, Azure and Blackline. Knowledge of internal controls/SOX environments. Intermediate English.

Key Skills & Competencies

Strong analytical and problem-solving skills; root-cause mindset. High attention to detail and strong ownership of data quality. Ability to work under tight deadlines (close calendar driven). Cross-functional collaboration with Operations/Supply Chain/Procurement. Continuous improvement orientation (automation, simplification, standardization). Integrity and confidentiality with financial information. Ability to use Artificial Intelligence tools with application driven for Financial usage.

Success Measures

Accurate and timely P&L, OPEX, and MUV reporting with meaningful variance explanations. Opex control under key metrics of Tier 1 Improved forecast accuracy and proactive identification of risks/opportunities. Reduction in aged reconciling items and faster issue resolution (bank and balance sheet). Fewer AP exceptions and improved cycle time for invoice issue resolution. Documented process improvements that reduce manual effort and increase control compliance.

KEY DUTIES & RESPONSIBILITIES

P&L Performance & Reporting

Prepare periodic P&L reporting (actuals vs budget/forecast/prior year) with clear variance commentary. Analyze key drivers impacting profitability. Support preparation of management decks and standardized reporting packages for leadership reviews. Ensure data accuracy and consistency across reports, aligning with Finance definitions and policies.

OPEX Planning, Control & Analysis

Monitor OPEX by cost center/account, identifying trends, risks, and savings opportunities. Support budget and forecast cycles for OPEX, including stakeholder coordination and validation of assumptions. Prepare accruals, reclasses, and cost allocations as needed; ensure proper expense coding and governance. Partner with budget owners to improve spend visibility and forecast accuracy. Lead OPEX creation for financial cycles RE, BP and RS.

Material Usage Variance (MUV) Analysis

Calculate, track, and explain Material Usage Variance (MUV) and related manufacturing/material variances. Partner with Plant/Operations, Supply Chain, and Costing teams to identify root causes (yield, scrap, process losses, BOM/routing issues, inventory adjustments, production reporting accuracy). Provide actionable insights and recommendations to reduce unfavorable variances and improve material efficiency. Support standard cost reviews and variance bridge analyses (where applicable).

Month-End Close & Controllership Support

Support month-end close activities: journal entries, accruals, variance checks, and account reviews. Assist with balance sheet reconciliations and ensure timely resolution of reconciling items. Prepare and maintain supporting documentation for audits and internal reviews; ensure compliance with internal controls.

SAP‑Based Financial Analysis & Data Management

Extract and analyze financial and operational data from SAP (e.g., cost centers, internal orders, GL accounts, material movements). Support master data/process adherence impacting reporting quality (cost center hierarchy, profit center mapping, material/account assignments). Collaborate with IT/Finance teams to improve reporting automation and data reliability.

Bank Reconciliation & Cash‑Related Support

Perform or support bank reconciliations, ensuring completeness and accuracy of postings and clearing. Investigate unmatched items and coordinate resolution with Treasury/Accounting/AP as needed. Support monitoring of bank fees and cash clearing accounts (as applicable).

Accounts Payable (AP) Support

Support AP issue resolution (invoice coding guidance, blocked invoices, vendor inquiries, payment exceptions). Coordinate with Procurement and Shared Services to ensure compliance with invoice‑to‑pay policies and timelines. Assist with GR/IR follow‑up and clearing activities.

Continuous Improvement

Identify opportunities to streamline close, reporting, and reconciliation processes (standard templates, automation, improved controls). Contribute to finance transformation initiatives and documentation of standard operating procedures (SOPs).

What We Can Do for You

• Purpose Driven:Purpose driven approach that empowers our people to protect the environment and communities we serve while delivering safe & quality products.
• Global Connections:Allows you to develop, enhance a network that allow us to move faster and learn from others.
• Community of Belonging:We’rean organization that believes our ability to continually grow and build the right atmosphere where people feel safe and empowered lets you bring your best self to work.
• Iconic Brand: Work on the most recognized brand in the world and be part of developing the brand's next chapter.
• Exposure to World Class Leaders: Availability to global manufacturing leaders that will expand your network.
• Career Growth: We are committed to your professional development, offering opportunities for growth and advancement.
• Purpose‑Driven Work: Engage in work that makes a real difference and enhances lives all around the world.
• Inclusive Culture: Join a team that values diversity and fosters a workplace where everyone can thrive.
• Competitive Benefits: Enjoy a comprehensive benefits package that supports both your professional growth and personal well-being.
• Global Network: Become part of a global community, learning from diverse perspectives and practices.

Skills

Location(s): Brazil City/Cities: Manaus Travel Required: 00% - 25% Relocation Provided: No Job Posting End Date: November 30, 2026

Our Purpose and Growth Culture

We are taking deliberate action to nurture an inclusive culture that is grounded in our company purpose, to refresh the world and make a difference. We act with a growth mindset, take an expansive approach to what’s possible and believe in continuous learning to improve our business and ourselves. We focus on four key behaviors – curious, empowered, inclusive and agile – and value how we work as much as what we achieve. We believe that our culture is one of the reasons our company continues to thrive after 130+ years. Visit Our Purpose and Vision to learn more about these behaviors and how you can bring them to life in your next role at Coca-Cola. The Coca‑Cola Company is a global community of passionate employees who are refreshing the world and making a difference every day. Innovation has been at the heart of our story since 1886. It goes beyond new flavors and brands. Learn more about our system and how we’re making an impact. As a global organization, we seek opportunities to embrace and champion progress. Our careers span across functions and are globally connected to give you an unmatched career experience. We’re glad you’ve chosen to explore your next career opportunity with The Coca-Cola Company. Learn more about our hiring process and pick up tips on how to showcase your experience and skills so you can stand out and thrive. The Coca‑Cola global business system is composed of The Coca‑Cola Company (TCCC), its subsidiaries and 225 bottling partners around the world. Search jobs throughout our system.