Sr. Procurement Finance Manager - Americas

You may know McCormick as a leader in herbs spices seasonings and condiments and were only getting started. At McCormick were always looking for new people to bring their unique flavor to our team.

McCormick employees all 14000 of us across the world are what makes this company a great place to work.

We are looking to hire a Senior Procurement Finance Manager - Americasimmediately in a Hybrid (50/50) capacity at our Global Headquarters in Hunt Valley Maryland.

What We Bring To The Table:

The best people deserve the best rewards. In addition to the benefits youd expect from a global leader (401k health insurance paid time off etc.) we also offer:

Competitive compensation

Career growth opportunities

Flexibility and Support for Diverse Life Stages and Choices

Wellbeing programs including Physical Mental and Financial wellness

Tuition assistance

POSITION SUMMARY

Key business partner to the Vice President Category Procurement driving actionable insights and analytics supporting the CCI and Cash delivery and sound decision making that results in the achievement of the financial objectives of the business. This position will have responsibility for managing the strategic financial planning annual budgeting forecasting cost optimization monthly and quarterly financial analysis andinternal control.
Other responsibilities also include ensuring accurate CCI reporting and compliance supporting critical TM1 implementations andfulfillment of ad-hoc requests.
This position is also responsible in conjunction with Operations personnel for the development and reporting of metrics for internal and external use.

KEY ROLES & RESPONSIBILITIES
People & Leadership
Behave in a professional and confidential manner befitting a Finance Manager to ensure role model status (both technically & behaviorally) in the Finance & wider McCormick business.
Support procurement team to ensure that core skills of accuracy excel excellence analysis and knowing how to get things done at McCormick are fostered and transferred to others.
Elaborate and execute a plan to level up the digital capabilities of the team focusing on performance improvement tools already available for McCormick to drive capacity relief and smart execution of daily tasks.
Use strong influencing skills with other departments to ensure all projects are completed to the best standard.

Financial & Performance Reporting
Ensure all reporting and financial procedures are in line with Corporate guidelines and legal requirements.
Lead development of high quality concise and focused management reports ensuring key information adds value to both SC and commercial audiences.
Ensure Standard Costing & Stock management & reporting is done correctly by proactively connecting the costing teams to review errors throughout the month and implementing solutions that will mitigate those errors in the future. Additionally collaborating with the Master Data teams to understand common issues and develop an execution plan to enhance data quality which could affect Standard calculations or inventory accounting. This applies to the current years costs as well as the forecast costs ensuring that the TM1 forecast plan accurately reflects prices based on the Price unit of measure and material base unit of measure

Business Planning

Lead the continuous improvement & management of Procurement financial planning process including target setting.
Manage the annual LTP budget & monthly / quarterly forecast & S&OP processes for Global Category Procurement including the Agenda invites and setting up the expectations for each team on what needs to be done during that cycle. Support the execution of the presentation decks.
Participate in Strategy development: providing leadership to within the SC & wider finance team / input into strategic planning process where required.

Capital investment
Evaluate and develop capital investment plans ensuring alignment with business unit strategies.
Coordinate the Capital requests for the procurement team especially the Packaging teams when it comes to investing/replacing Molds. Understand and ensure that the direct depreciation hits the material base item in Actuals and forecasts.
Ensure robust business case is in place to support all proposals for expenditure. (ROI must meet Corporate expectations)

Business Improvement and development
Provide financial analysis and commercial input into business improvement initiatives and projects ensuring appropriate levels of performance tracking are in place; this applies to ongoing business improvement and major change project delivery.
Conduct month-end reviews with the Procurement Finance financial validators to track validation progress risks due to CCI attritions/reductions and address those cases with the respective project leaders and their direct teams managers.
Ensure all reporting regarding CCI is as efficient as possible & available to the Director of Cost Optimization in a timely manner
Business partner with the Procurement Directors to develop and support strategic initiatives.

Control & Compliance
Takes accountability for ensuring the control environment within the Supply Chain area is robust and in line with corporate guidelines SOX and local accounting GAAP.
Review the PPV versus standard control report twice a month with the control owner to ensure that errors are corrected within the month period.
Support the PUP versus FIFO control execution together with the control owner
Proactively manages risk within Supply Chain; identifies business risk and works with colleagues to develop and implement plans to mitigate.


EDUCATION:
Discipline: Finance or Accounting
Minimum level of education required to perform the job: Accounting Qualification and Degree

Minimum required certifications required to perform the job: CPA or equivalent
Additional certifications preferred.

EXPERIENCE:
8 years ofprogressive financial/accounting experience.
3 years of demonstrated management and supervision experience
3 years of experience in Supply Chain Finance
Demonstrated solid and successful background in financial reporting and internal control requirements
Demonstrated ability to identify manage and implement process improvements
Demonstrated strong analytical skills and problem solving capabilities
Demonstrated strong sustained high performance coupled with the ability to lead people and change effectively
Demonstrated ability to interact with and build and sustain relationships at all levels.
Demonstrated dynamic self-starter.
Demonstrated positive attitude in stressful situations ability to resolve conflict and face problems head on

BUSINESS EXPERTISE:
Strong proven knowledge of financial accounting standards and supply chain principles/processes (eg. S&OP)
Excellent management skills including the ability to manage cross-unit and cross-function teams including indirect reporting relationships coupled with the ability to manage multiple deliverables at a time.
High degree of business/financial acumen with the ability to understand theimpact of decisions on other functions and on operating units.
Thorough understanding of business processes systems and internal controls
Excellent technical aptitude including extensive experience with Excel spreadsheets TM1 and Business Warehouse
SAP experience across all financial modules isdesirable

PROBLEM SOLVING:
Excellent problem-solving analytical and organizational skills
Proven ability to work collaboratively to resolve issues and work independently using good judgment to solve complex problems
Ability to focus on what is important and prioritize according to business requirements
Ability to know what is needed and where to obtain the information

INTERPERSONAL SKILLS:
Excellent interaction relationship management and customer service skills.
Excellent negotiation and communication (both oral and written) skills with demonstrated ability to present ideas to and influence others. The ability to influence at all levels without formal authority is important.
Proven ability to work strategically and operationally. Able to effectively recognize when hands-on approach needed versus delegating to staff. Proven ability to lead a team

#LI-CG1

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.

Base Salary: $100870 - $176480
Base salary compensation will be determined based on factors such as geographic location skills education experience for
this role and/or internal equity of our current employees as part of any final offer. This position is also eligible to
participate in McCormicks Incentive Bonus (MIB) Plan/ McCormicks Sales Incentive Bonus (SIB) Plan/ McCormicks
Dividend Program. In addition to a competitive compensation package permanent employees of McCormick are eligible
for our extensive Total Rewards programs that include:
- Comprehensive health plans covering medical vision dental life and disability benefits
- Family-friendly benefits such as paid parental leave fertility benefits Employee Assistance Program and caregiver support
- Retirement and investment programs including 401(k) and profit-sharing plans