Financial Analyst (Financial Business Partner)
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Monthly Salary:
Posted on:
11 hours ago
Vacancies:
1 Vacancy
Job Summary
At McCormick we bring our passion for flavor to work each day. We encourage growth respect everyones contributions and do whats right for our business our people our communities and our planet. Join us on our quest to make every meal and moment better.
Founded in Baltimore MD in 1889 in a room and a cellar by 25-year-old Willoughby McCormick with three employees McCormick is a global leader in flavour. With over 14000 employees around the world and more than $6 Billion in annual sales the Company manufactures markets and distributes spices seasoning mixes condiments and other flavourful products to the entire food industry retail outlets food manufactures food service businesses and consumers.
While our global headquarters are in the Baltimore Maryland USA area McCormick operates and serves customers from nearly 60 locations in 25 countries and 170 markets in Asia-Pacific China Europe Middle East and Africa and the Americas including North South and Central America
PRIMARY PURPOSE OF THE ROLE
The role is responsible for driving and managing activities related to a variety of areas including serving as a key business partner to Regional or Functional Business Functions with respect to the financial management of SG&A including cost center budgets/forecasts month end processes variance analysis and supporting SOX controls. This role will also assist with broader SG&A analysis reporting and ad hoc projects.
KEY ROLES & RESPONSIBILITIES
1 Financial Liaison among Regions and Functions
Act as financial liaison to Regional or Functional Business Partners providing support for annual budgets long-term planning quarterly forecasts month-end close processes.
Schedule and lead meetings with respective business partners to advance budget development forecast updates and month end reviews
Prepare meeting specific reporting (including report building data analyzing development of explanations and/or questions for alignment with partners.
Provide ad hoc analytics to business partners to enhance forecasting accuracy and spend efficiency.
2 Financial Performance Review & Analysis
Run Finance Reviews with Business and deliver regular updates on financial performance to Management team.
Drive earning model and enhancement for supervised business
Support other Finance partners in the overall analysis of SG&A impact to P&L.
Support broader team in projects to drive enhanced visibility and insights to total Company SG&A.
3 Cost Center Management and Stakeholder Review
Drive cost center activity and lead quarterly reviews with Business Partners and Leadership.
Consolidate insights from business partners. Develop and present deck for Functional leadership review along with supporting reporting and respective insights.
Manage and execute activities related to maintaining cost center information including PO approvals CAAP review/development etc.
4 Process and Reporting Improvement
Identify and implement process and reporting improvements including enhancements to various processes such as month end forecast and other processes (e.g. automating data extraction identifying better data source optimizing excel models etc.
Partner with cross functional finance partners to implement SG&A process improvement and automated reporting.
5 Monthly Financial Accounting and Reporting
Complete monthly reporting and analysis on cost center spend
Complete required month end reporting deliverables.
Prepare explanations and review results with leadership.
Identify and prepare month end journal entries.
Review and evaluate month end results to confirm completeness.
Provide support and explanations for SOX controls.
Complete required SOX controls accurately and by respective deadline. 10
6 Ad Hoc Analysis and Project Support
Complete ad hoc analysis based on own identification of issues or requests from business partners- evaluation of headcount options evaluate different cost savings opportunities etc 10
MINIMUM REQUIREMENTS
Education and Discipline
- Professional Degree - BA/BS in Accounting Finance or Economics
- Minimum Experience Required - 5 years of financial analysis or planning experience.
- Strong working knowledge of MS Excel and basic proficiency in PowerPoint & Word required.
- Strong analytical communication and organization skills required.
- Strong theoretical and practical knowledge of different financial and analytical techniques and the capability to plan own work and respect deadlines.
- 100% Bilingual in English required
OTHER SKILLS & COMPETENCIES
- Innovative - Develops new solutions to solve business problems and obstacles.
- 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.
- Handling Complexity - Analyze/solve business problems with incomplete or ambiguous information.
- Teamwork effectively works across the finance team and business function.
- SAP/BW/TM1 experience is desirable
At McCormick we have over a 100-year legacy based on our Power of People principle. This principle fosters an unusually dedicated workforce requiring a culture of respect recognition inclusion and collaboration based on the highest ethical value |
Required Experience:
IC
Key Skills
- Cognos
- Forecasting
- Hyperion
- Microsoft Access
- Pivot tables
- Accounting
- Analysis Skills
- Microsoft Excel
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Planning
About Company
McCormick spices and products have been kitchen must-haves since 1889. Learn about seasoning and cuisine while discovering tons of delicious recipes today.
