Overview:
The Franchise Finance – Funding role is responsible for managing the end-to-end funding process. Key responsibilities include pulling bottler volumes, calculating and validating funding, analysing trends period-over-period, forecasting, and providing actionable insights. The role also involves preparing final funding amounts for bottler funding’s and tracking disbursements. This position works closely with cross-functional teams to ensure funding is accurate, timely, and aligned with compliance standards, while supporting key business decisions through financial analysis.
Responsibilities:
- Prepare Franchise Fundings: Prepare periodic, quarterly, and annual franchise fundings as per instructions, ensuring accuracy and completeness.
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Analyse Funding Data: Perform detailed funding analysis, including Year-over-Year (YoY), Period-over-Period (PoP), and Quarter-over-Quarter (QoQ) comparisons.
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Identify Variances: Identify trends, increases, or decreases in funding and volume, and provide insights on key drivers.
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Work with Stakeholders: Collaborate with internal teams, division teams, and franchise managers to understand major impacts on funding changes.
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Explain Variances: Provide clear explanations for significant increases or decreases in funding.
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Review Manual Submissions: Check manual funding submissions and ensure they are reviewed within the given timeline (TAT).
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Share Submission Updates: Prepare bi-weekly updates summarizing the status of all manual funding submissions.
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Manage Aquafina Billing: Manage billing activities related to Aquafina, ensuring billing activity completed every month within the given timeline.
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Ensure Billing Accuracy: Monitor billing processes to ensure correctness and alignment with agreements.
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Prepare Funding Forecasts: Create forecasts for franchise funding projects based on actual payments from each program.
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Support Decision-Making: Use data-driven insights to help with strategic decisions and resource planning.
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Perform Reconciliations: Regularly reconcile actual payments with recorded project financials.
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Fix Discrepancies: Identify and resolve any mismatches or errors in financial data.
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Manage Generic Email Box: Monitor and manage the generic email inbox to ensure timely responses and resolution of queries.
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Support Trade Spend Team: Collaborate with the Trade Spend (IBM) team to process SAP credit memos efficiently.
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Work with Division Planners: Support Division Planners in (IBP) reconciliation activities.
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Handle Ad-Hoc Queries: Address and resolve ad-hoc queries from stakeholders in a timely manner.
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Prepare Customized Reports: Create and deliver customized reports based on specific requirements and business needs.
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Create an inclusive and collaborative environment
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Share best practices from other ICC teams to elevate the service levels of the Finance team in ICC
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Support where required summaries for the business on key business metrics
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Drive Process improvements for simplification and standardization of reports.
Qualifications:
- 5-6 years of experience in Finance FP&A/Accounting
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Strong analytical and financial modelling skills
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Advanced Excel and financial systems (SAP, Power BI preferred)
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Attention to detail and accuracy in numbers
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Good understanding of volume-based funding mechanisms
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Ability to work with large data sets and draw meaningful insights
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Effective communication and collaboration with cross-functional teams
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Time management and ability to handle multiple priorities
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Problem-solving mindset and proactive approach
