Finance Specialist Job at Coca-Cola Canada Bottling Limited – in Toronto, ON
Work Location –
Posting Locations – Toronto (GTA)
Department – SC FIN – West, Copack
Job Function – Administrative/Clerical/Office Support
Employee Type – Regular Employee FT Salaried
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
The Finance Specialist Manufacturing will be directly involved with accurately creating and/ or posting manufacturing related journal entries for one or multiple facilities to ensure timely and accurately stated financial statements. You are responsible for developing account reconciliations and standard reporting required to support weekly analysis of financial performance. This role is a provider of support to multiple stakeholders including finance and production facility management. You will play a key role in the preparation, analysis and presentation of the annual budget. Monthly, you will be required to provide analysis on results compared to budget and provide a recommendation on a rolling forecast for the year. Daily, you are responsible for preparing Key Business Indicators (KBI) and analysis for action by Senior Management. The position assists with quarterly and year-end reporting packages, including analyzing results monthly/quarterly for productivity savings initiatives.
Journal entry and financial statement preparation and explanations
Perform month end closing activities for a set of manufacturing facilities
Review P&L (vs budget, vs PY, vs Forecast, vs standards)
Conduct management review of P&L results
Review subledger activity (i.e. production orders, inventory variances)
Collaborate with plant management for results and forecast creation
Balance Sheet Account Reconciliations Preparation and Analysis reporting any discrepancies, aged or other reconciling items; assisting in resolutions
Quarterly / Annual Reporting / Governmental Surveys / Ad-hoc Manufacturing Reporting & Analysis
Prepare and analyze weekly & monthly Forecasting of operating expenses with analysis of what is changing and why; Identification of Risks & Opportunities
Annual Budgeting of production operating expenses (labour, overhead, absorption, etc.) inclusive of budget template creation, analysis, and presentations to senior management working with plant managers and other stakeholders
Identify, compute financial impact and track progress on Process Defective Material Requests, including computing
This position must become familiar with, help develop as needed, and adhere to accounting procedures (IFRS).
Identify, lead and execute process improvement initiatives
- Bachelors’ Degree in Accounting or Finance
- Minimum one to three years’ experience in accounting, costing or manufacturing
- Understanding of inventory accounting and related movements
- Understanding of absorption costing
- Clear communication written and verbal
- Proficient in Microsoft Office products; knowledge of advanced Excel functionality and knowledge of Access is preferred
- Ability to travel within North America (10 – 20%)
- MBA, CPA or CPA student preferred
- Minimum one to three years work experience in accounting field, including internal control, account analysis and reconciliations, and financial statement preparation.
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 [email protected]
For more information about Coke Canada Bottling, please visit cokecanada.com
About the Company
Company: Coca-Cola Canada Bottling Limited –
Company Location: Toronto, ON