Commercial Finance Specialist

Coca-Cola Southwest Beverages; Dallas (TX); On-site; USD 85,000 - 120,000; Full time

Job summary

Coca-Cola Southwest Beverages is seeking a Commercial Finance Specialist to manage the general ledger closing for accounts receivable, contracts, and direct marketing expenses, ensuring strict internal controls and precise reporting for AR, contracts, transshipment, and DME.

You will collaborate with SSC, HQ Finance, and Market Unit Finance teams to close monthly and quarterly periods, prepare journal entries and reconciliations, and support local AR/BSNA operations while guiding sales leaders

Qualifications

• BA/BS in Accounting or Finance or the equivalent combination of education and experience
• Three to Five of related business experience
• Proficiency in Microsoft Office Suite (Excel, Word, and PowerPoint)
• Preferred soft drink industry or consumer packaged goods experience
• Preferred experience in preparing financial information for use by non-financial managers

Responsibilities

• Manage the GL closing process for AR, Contracts and Direct Marketing Expense (DME)
• Collaborate with SSC, HQ Finance team, and Market Unit Finance team around month end close, quarter-end, year-end close and other activities
• Prepare and review Journal entries
• Prepare and Review Balance Sheet reconciliations
• Contract Payment management
• Manage reporting for NSF, Sales Center Chargebacks, Dunning Log, Status Change Log, Kroger Weekly report and Deduction reporting
• Resolve and respond to internal AR mailbox inquiries
• Routinely identify seriously past due local/FSOP accounts with no current sales, identify if accounts have equipment, and follow up with local teams and BSNA
• Facilitate meetings BSNA, MUFM, and local/FSOP teams to understand seriously past due issues and provide recommendations
• Manage reporting
• Provide guidance to Commercial Team
• Identify issues and provide resolution/recommendations
• Manage external transshipment programs

Education

BA/BS in Accounting or Finance

Tools

Microsoft Office Suite (Excel, Word, PowerPoint)

Job description

The Commercial Finance Specialist is responsible for Managing the General Ledger Closing process for AR, Contracts and Direct Marketing Expense (DME) adhering to Internal Controls. Adhere to ARCA’s Cultural Principles. Provide reporting for AR, Contracts, Transshipment and DME. Accountable for reviewing and providing guidance to sales leaders in CCSWB while providing local/FSOP outlet A/R support, researching seriously past due accounts, and coordinating meetings with BSNA.

I. Month, Quarter and year end close Responsibilities

• Responsible for the closing process related to AR, Contracts and DME
• Collaborate with SSC, HQ Finance team, and Market Unit Finance team around month end close, quarter-end, year-end close and other activities
• Prepare and review Journal entries
• Prepare and Review Balance Sheet reconciliations

Contracts

• EA Reviews,
• Dashboard and Contracts Reporting
• Contract Payment management

Accounts Receivable

• Manage reporting for NSF, Sales Center Chargebacks, Dunning Log, Status Change Log, Kroger Weekly report and Deduction reporting
• Resolve and respond to internal AR mailbox inquiries
• Routinely identify seriously past due local/FSOP accounts with no current sales, identify if accounts have equipment, and follow up with local teams and BSNA
• Facilitate meetings BSNA, MUFM, and local/FSOP teams to understand seriously past due issues and provide recommendations

Direct Marketing Expense

• Manage reporting
• Provide guidance to Commercial Team
• Identify issues and provide resolution/recommendations
• Manage reporting
• Manage external transshipment programs

Promote and cultivate ARCA’s Cultural Principles

Qualifications

• BA/BS in Accounting or Finance or the equivalent combination of education and experience
• Three to Five of related business experience
• Proficiency in Microsoft Office Suite (Excel, Word, and PowerPoint)
• Preferred soft drink industry or consumer packaged goods experience
• Preferred experience in preparing financial information for use by non-financial managers