This role will lead the design, implementation and ongoing routines of the next-generation of Zero-Based Work ("ZBW 2.0") capabilities to be rolled out globally across The Coca-Cola Company in 2017-18. The Leader in this position will work with Executives and Managers across BUs and Corporate functions to define the requirements for cost visibility and enhanced budgeting, and then mobilize and manage the required resources (people, processes and systems) to bring ZBW 2.0 to life. After the initial installation, the role will be responsible for embedding a culture of cost management (Ownership Cost Management or OCM) across the organization and making ZBW a sustained competitive advantage for The Coca-Cola Company.
- Collaboration and coordination
Align TCCC leadership team on the program ambition and case for change
Build support for key changes to TCCC's performance planning and ways of working
Bring significant past experience to thoughtfully challenge the company's thinking about enhanced cost visibility and budgeting
Collaborate and leverage the Opex visibility project and tools to drive a ZBW and OCM Culture
- Solution design and development
Collaborate with BU and Corporate leadership to design next-generation of Zero-Based Work (ZBW 2.0) to meet the strategic agenda of building a Lean and Agile Enterprise
Install new planning and performance management routines for more granular planning, control, transparency and accountability across all spend categories
Design TCCC's cost package architecture, and establish Cost Category Owners
Review and revise spend policies as required
Integrate ZBW requirements into TCCC's overall systems roadmap; facilitate required system changes and deployment of ZBW 2.0 budgeting and visibility tools
Work closely with HR to influence incentive design to match desired performance outcomes
- Installation and change management
Design and drive the implementation roadmap detailing initiative scope and sequencing
Develop and deliver training to employees across the company on ZBW 2.0
Lead development and execution of robust communication and change management strategy
Create a ZBW leadership team comprised of category owners, key Finance and Procurement leaders
Tightly integrate Agile ways of working into the ZBW continuous improvement program
- Ongoing (post- installation)
Budgeting and Performance Routines
Collaborate with Corporate, Group and Business Unit (BU) leadership to set and cascade aggressive budget targets supported by realistic action plans to realize the targets
Manage the overall budgeting process to ensure the operating budget is delivered on-time and on-target
Make decisions, respond to issues and resolve them quickly independently or through coordination with the appropriate executives and managers
Execute and manage the monthly process on an ongoing basis to identify variances, gather explanations for those variances, identify owners accountable for resolving variances, defining and executing action plans to resolve the variances
Identify and prioritize savings opportunities and launch value capture initiatives
Bachelors degree or equivalent Required; MBA or equivalent Preferred
• 10+ years of Technical Skills Required
- Seasoned Finance Executive with ability to build strong relationships across BUs and the corporate functions
• Known change agent, demonstrated history of ushering transformative change
• Willing to challenge the organizational culture and thinking and able to do so with credibility
• Progressive and team-oriented but willing and able to make tough decisions independently when required
• Proven experience setting and delivering very aggressive budget targets in a sustainable manner
Specialized Technical Skills:
- Extensive experience with The Coca-Cola Company's annual budgeting process
- Previous experience with Zero-Based Budgeting preferred
- Previous experience with Transaction systems (e.g., SAP), Business Intelligence and Advanced Planning/Budgeting preferred, but not required
- Decision-making authority and problem-solving or innovation required
Most important decisions made fully independently:
- Developing processes, tools and training to implement Zero Based Work 2.0 program
- Organizing and facilitating the roll-out of education and training for all employees
Most important decisions made with review and approval of other individuals or supervisors (include the reviews/approvals required):
- Designing the ZBW 2.0 program to meet the strategic objective of becoming a Lean and Agile Enterprise
- Determining the level of granularity for visibility and budgeting, and key milestones for achieving the future-state
- Defining the dual ownership structure between Cost Category Owners and Budget Center Owners
Typical/most important types of problem-solving, responsibility for continuous improvement or innovation required:
- Challenging current organization design, processes, and practices to continue to drive improved productivity
- Identifying and understanding the root cause of budget variances and identifying action plans to resolve recurring themes in budget variances
- Setting aggressive budget targets on annual basis and collaborating with other executives and managers to identify ways to realize budget targets
- Drive Innovation: Generate new or unique solutions and embrace new ideas that help sustain our business (encompassing everything from continuous improvement to new product and package innovation).
- Collaborate with System, Customers, and other Stakeholders: Develop and leverage relationships with stakeholders to appropriately stretch and impact the System (Company and Bottler).
- Act like an Owner: Deliver results, creating value for our brands, our System, our customers and key stakeholders.
- Inspire Others: Inspire people to deliver our mission and 2020 Vision, demonstrate passion for the business and give people a reason to believe anything is possible.
- Develop Self and Others: Develop self and support others' development to achieve full potential.
Honesty and integrity have always been cornerstone values of The Coca-Cola Company. Our passion for people of integrity mirrors our spirited drive for total quality in our brands. These and other elements allow the company to sustain strategic practices and drive business performance. The Personnel Integrity Assurance Program is another step toward making The Coca-Cola Company the premier workplace. This process includes a pre-employment background investigation that applies to all applicants, employees, and contractors of the company. The scope of this inquiry may cover such elements as education, employment history, a criminal history check, reference checks, and a pre-employment drug screen. Designated countries or sensitive positions within the company may have more stringent standards.
The Coca-Cola Company is the world's largest beverage company, refreshing consumers with more than 500 sparkling and still brands and more than 3,800 beverage choices. Led by Coca-Cola, one of the world's most valuable and recognizable brands, our Company portfolio features 20 billion-dollar brands, many of which are available in reduced-, low- or no-calorie options. Our billion-dollar brands include Diet Coke, Coca-Cola Zero, Fanta, Sprite, vitaminwater and Powerade. Through the world's largest beverage distribution system, we are the No. 1 provider of both sparkling and still beverages. More than 1.9 billion servings of our beverages are enjoyed by consumers in more than 200 countries each day. With an enduring commitment to building sustainable communities, our Company is focused on initiatives that reduce our environmental footprint, create a safe, inclusive work environment for our associates, and enhance the economic development of the communities where we operate. For more information, visit Coca-Cola Journey at http://www.coca-colacompany.com/homepage Coca-Cola Beverages (Shanghai) Ltd. an indirect wholly owned subsidiary of The Coca-Cola Company, provides marketing and technical/quality services to The Coca-Cola Company in China.
We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity and/or expression, status as a veteran, and basis of disability or any other federal, state or local protected class.
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