Finance Director for Operations (Hunt Valley Plant)

McCormick & Company, Inc.
HUNT VALLEY, MD, US, 21031
Full-time

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

McCormick employees all 14,000 of us across the world are what makes this company a great place to work.

We are looking to hire a Finanace Director immediately 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 you’d 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
  • We prioritize our communities and the planet we share. We are proud to be awarded as a Diversity Inc. Top 50 company for Diversity and have multiple Sustainability awards (ranking #22 in the World and #1 in Food Products)
  • Wellbeing programs including Physical, Mental and Financial wellness
  • Tuition assistance

SCOPE OF THE ROLE

Reporting to the Americas Consumer Supply Chain Finance Director, the Hunt Valley Plant Finance Director for Operations will be responsible for Hunt Valley and Spice Mill factories, including oversight and execution of the financial analyses and accounting of Manufacturing, Engineering, Planning, Inventory, and Supply Chain CCI.

All SC financial results and analysis and processes would be coordinated by this role and would provide insights to the divisions and corporation to drive decisions and improve performance.

This role is responsible for the standardization of cost policies and procedures globally, while facilitating the sharing of best practices across the function.

The role also partners with the Americas Consumer Supply Chain Senior Directors and his / her team, providing strategic guidance and financial analyses, and provides insight for the Global Supply Chain Organization, including driving financial analysis and partnership for all strategic priorities within Supply Chain.

Internal customers rely on this position to influence and help drive improved performance in their function / business through identifying opportunities, setting strategies, respectfully challenging and debating with Supply Chain function heads and providing insights to drive decisions, investments and resource allocation.

MAIN RESPONSIBILITIES

  • Operations Lead for all Finance Operations activities with the team of 2-3 SC Finance Senior Managers and Analysts 10%
  • Business partner with Regional Consumer SC Sr Director on defining and implementing a holistic SC strategy, driving Make cost levers to deliver required levels of service at the lowest possible cost in a sustainable manner 30%

o Lead selected Transformational Productivity Projects

o Lead Business Development Analysis

o Lead Major Capex Investment proposals

o Partner with SCLT to deliver Productivity targets through JTE, Proactively promote cost and headcount controls

o Partner with SCLT on Strategic Supplier Negotiations (Co-Man, Full Buy)

P&L Accountability for delivery of Make and Move Long Term Plan, Budgets, Forecasts 30%

o Partner with Regional SC Senior Director to navigate cost performance of the business and deliver Budget targets

o Oversee monthly accounting close process and timely and accurate reporting of financials to Corporate. Ensure statements correctly reflect the company's financial position in accordance with GAAP

o Evaluate Make cost performance, liaise with SCLT and identify any trends that need further performance analysis and intervention

o Lead deep-dives to fully understand and address performance issues

o Provide input and recommendations on trade-offs within End to End SC, budget transfers, opportunity / risk

o Present financial position at Monthly Divisional Business Review meeting to business leaders

o Develop and implement financial policies, systems and processes

  • Capital project oversight : 5%
  • o Ensure proper business cases are developed, and review soundness of financial models;

o Drive increase in IRR for capital expenditure with PICERs as regular follow ups after implementation

Play critical role in harmonization and standardization aimed at reducing complexity, improving accuracy, and reducing cost.

Governance and adherence to the Policy and Procedures issued by COE. 5%

  • Work to direct staff to improve the level of automation involved in generating standardized reporting through collaboration with IT. 5%
  • Continually evaluate and modify requirements to align to business strategy ensuring that the appropriate amount of detail / effort is aligned with business needs. 5%
  • Review & safeguard company assets through the maintenance of effective inventory controls
  • Work with Internal Audit and staff to improve the efficiency of our internal controls to focus effort on meaningful controls to provide assurances on compliance with minimal resource consumption 5%
  • Define and evolve the team structure to advance the team’s development, capabilities, career advancement and service level to the business.

Create a workplace that fosters teamwork and strengthens communication within and outside the department 5%

ERP Implementation support / guideline depending on LEO implementation timeline

COMPETENCY REQUIREMENTS :

Communication / Influencing : Ability to communicate effectively at all levels and influence at high levels (Sr Leadership / Function heads).

In addition, the role requires strong diplomacy and negotiating skills. Ability to guide, influence and persuade at all levels both within and outside the function as well as different cultures, particularly considering the perspectives of each culture.

Influences within a global matrix environment.

Business Partnership : Proven participation in region financial analysis and decision making. Understands and applies financial acumen from a global / multi-unit perspective.

Demonstrated insight and understanding into partner functions and their relationship with the financial community in order to achieve goals as well as their impacts on multiple business results.

Personal / Team Leadership : Demonstrated ability to lead and motivate people / teams in a matrix and global environment towards a common vision and achieve superior results and the ability to build integrated relationships with business partners.

Able to develop strategies, objectives, goals and measures to effectively lead a team in a highly matrixed environment to perform financial services and provide value added insight to divisional and functional customers to drive favorable financial performance.

Problem Solving : Able to navigate through complex business problems involving strategies that challenge organizational structure, process ownership, policy changes, multi-discipline and functional impacts with large change management impacts.

Critical Thinking and Analytical Skills : Exhibit seasoned judgement to evaluate quantitative and qualitative information in complicated networks and ambiguous situations.

Must be able to effectively define and frame up issues and uncertainties, perform or oversee complex analyses and ultimately make decisions or recommendations.

Financial Acumen : Understands and applies financial acumen from a global / multi-unit perspective. Expert financial understanding of the business characteristics of the local market and competitors in more than two business units or financial support groups.

Strategic Thinking : Demonstrated ability to set the overall vision and strategic direction with input from multiple functions and perspectives.

Must be a "forward thinker" anticipating issues and opportunities for global environment (economic, political and geographical impacts) to ensure the organization is prepared for future growth

CANDIDATE PROFILE

  • CIMA, ACCA or equivalent Accounting Qualification and Degree.
  • Progressive, financial / business experience in Supply Chain finance in a Manufacturing environment.
  • Strong proven knowledge of financial accounting standards and Supply Chain principles / processes (eg. S&OP).
  • Excellent project management skills including the ability to manage cross-unit and cross-function teams including indirect reporting relationships.
  • Thorough understanding of business, processes, systems and internal controls
  • Experience with ABC Costing and practical experience with cost accounting
  • Demonstrated strong, sustained high performance coupled with the ability to lead people and change effectively
  • Demonstrated ability to build and sustain relationships at all levels within a matrix organisation
  • Excellent negotiation and communication (both oral and written) skills with demonstrated ability to present ideas to and influence others.
  • Excellent technical aptitude including extensive experience with Excel spreadsheets, TM1 and Business Warehouse
  • SAP experience across all financial modules desirable

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.

14 hours ago
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