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McCormick & Company Inc. a global leader in the spice flavor and seasonings industry is seeking a fulltime Plant Controlleron Supply Chain Finance Team. This new hire will work in Zatarains located at 82 First Streetin Gretna LA. The Plant Controllerwill report to the Supply Chain Finance Director.
McCormick & Company Incorporated is a global leader in flavor with approximately 14000 employees worldwide. With over $6 billion in annual sales across 160 countries and territories we manufacture market and distribute spices seasoning mixes condiments and other flavorful products to the entire food industry including ecommerce retailfood manufacturers and foodservice businesses. Our most popular brands include McCormick Frenchs Franks RedHot Stubbs OLD BAY Lawrys Zatarains Ducros Vahin Cholula Schwartz Kamis DaQiao Club House Aeroplane and Gourmet Garden. Every day no matter where or what you eat or drink you can enjoy food flavored by McCormick. Our Purpose is To Stand Together for the Future of Flavor and our Vision is A World United by Flavorwhere healthy sustainable and delicious go hand in hand.
As a company recognized for its exceptional commitment to employees McCormick offers a wide variety of benefits programs and services. Benefits include but are not limited to tuition assistance medical dental vision disability group life insurance 401(k) profit sharing paid holidays and vacations.
Position Overview
Business Partner working towards company goals by providing or leading complex and interpretive financial analysis and reports for management. Responsible for the preparation of and significant analyses on actual results and major financial forecasts. Provides periodic reports and special analysis for management. May be responsible for a portion of or analysis of the annual budget process expense/service fee/staffing forecasts or balance sheet forecasts statistical reporting process efficiencies optimizations and analyses of operational results. May also be responsible for or assigned to projects requiring financial research or significant process operational or financial evaluations.
Key Responsibilities
Independently be able to research link to root cause drivers explain and suggest corrective action for financial variances between current results prior year forecast and budget. Distinguish and quantify volume and rate impact in analysis and independently communicate analysis to senior local and regional management.
Without direction differentiate material versus immaterial variances analyze and reconcile balances on the income statement and balance sheet as applicable identifying the pertinent focus areas and communicate effectively and clearly to local and regional management. Understand the progression of variances through the balance sheet to the income statement. Understand the key ratios as applicable (e.g. ITO DSO DPO CTC EVA and McCormick Profit) and the components that comprise each metric.
Maintains an effective control environment and SOX compliance. Able to identify areas of potential control weakness suggest and implement solutions to minimize risk.
Without direction plan identify gather and organize data to create forward looking financial information for multiple segments of the local business with a detail knowledge of the basis used to create the information including the sources methods activities and drivers used and understanding the financial planning processes (budgeting and forecasting activities and strategic plan as applicable). Detailed knowledge of how the information fits in with the local business units as well as the business units impact on the Company. Communicate findings & interpretations and relevant conclusions.
Without direction perform business modeling as necessary organizing and inputting data and printing the pertinent reports at the local business level and review for accuracy. With direction interpret these results and provide explanation to senior local management. Knowledgeable in the completion of key models as applicable used by the finance function (budgeting forecasting Caaps etc) demonstrating a detailed understanding of data flow and the models basic principles as well as being able to calculate without direction key metrics as applicable (e.g. IRR and NPV for use in measuring the return on investment)
Without direction and in a lead role at times provide financial support for the evaluation of an identified opportunity or issue (e.g. CCI initiative investment return balancing cost with performance and impact of operational decisions)
Required Qualifications
Level of Education and Discipline BA/BS in Accounting Finance or Business
Experience functional/industry/commercial knowledge business acumen 8 years of experience in accounting / financial analysis required Demonstrated thorough knowledge of the capabilities of transaction & reporting systems including but not limited to Hyperion SAP Business Warehouse or other local systems. Understands available reporting drill down capabilities and able to organize data in a way that adds value to analysis Demonstrated thorough knowledge of Activity Based Costing or other Costing methodology/systems. Advanced proficiency in Excel and strong proficiency in Word and Power Point Internal Strong knowledge of the financial characteristics/drivers (volume pricing profitability seasonality etc) of the various products and product lines within the local Business Unit. Knowledgeable of the market structure the business operates in. Business Organization Knowledgeable of the financial structure of the local business unit or financial support group the purpose for the different financial areas the activities performed by each and how they fit together. Additionally how the finance team integrates with other functions in order to achieve goals. Business Organization Able to demonstrate a thorough understanding of the financial differences (e.g. size profitability customers & markets served between the different business segments. External Thorough understanding of the business characteristics of the local market and competitors. Regular as applicable interaction with third party support activities/contacts such as auditors legal assistance or consultants Commercial Knowledgeable of nonfinancial functions within McCormick and their relationship with the Financial Community Financial Able to demonstrate excellent theoretical and practical knowledge of different financial and analytical techniques and procedures Financial Knowledge of and able to demonstrate application of professional accounting rules standards and pronouncements Tax Actively conscious of possible tax implications in providing business analysis and support
Interpersonal Skills leadership interactions communication influence Ability to take initiative and work independently. Includes 1st level influencing. Developed communication & diplomacy skills required in order to exchange complicated or sensitive information or information that is difficult to communicate because of content or intended audience Strong customer facing focus for internal customers due to shared service nature of the organization As applicable communications/interactions dealing with assessing project team performance and effectivenessInteracts with Internal Supply Chain Finance and Sales/Marketing on a regular basis from a nonexempt operations team member up to a VP level External auditor interaction or regulatory agency as applicable on occasion beyond information gathering and sharing. Ability to work across functions and cultures Interactions outside the function using strong diplomacy skills to guide and influence
Other Skills and HPO Competencies Proposes and implements improvements to systems methods of work and analysis methods and contributes to ensuring that they are continuously adapted to the business requirements (for own financial area as well as the functional areas supported) Excellent verbal and written communication skills to communicate effectively at all levels Effectively works across business functions Demonstrated thorough knowledge of Activity Based Costing or other Costing methodology/systems Demonstrated thorough knowledge of the capabilities of transaction & reporting systems including but not limited to Hyperion SAP Business Warehouse or other local systems. Understands available reporting drill down capabilities and able to organize data in a way that adds value to analysis
Preferred Qualifications
Level of Education and Discipline MBA
Certification and/or Licenses CPA
Experience functional/industry/commercial knowledge business acumen Financial planning experience preferred 2 years in manufacturing / cost accounting and knowledge of activity based costing highly desirable. Experience participating on projects supporting finance initiatives with the business
McCormick & Company is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex gender identity sexual orientation race color religion national origin disability protected veteran status age or any other characteristic protected by law.
As a general policy McCormick does not offer employment visa sponsorships upon hire or in the future.
Full-Time