McCormick & Company

Director FP&A - Americas Flavor Solutions

McCormick & Company$121K — $219K *
Food & Beverages
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Accounting or Business (or related)
  • 7+ years finance experience with 5+ years in senior FP&A or commercial finance roles
  • Experience in budgeting, forecasting, and financial analysis
  • In-depth knowledge of FP&A
  • Proficient in financial and analytical techniques
  • Ability to influence and interact with senior organization levels
  • Strong technical finance understanding and business acumen

Responsibilities

  • Collaborate with business leadership on annual planning and forecasting processes to identify opportunities and gaps
  • Engage with the FP&A Center of Excellence to enhance global forecasting and planning through procedural redesign and technology improvements
  • Ensure financial control, SOX compliance, and proper accounting treatment for key activities
  • Lead and manage the FP&A Americas FS team, including analyzing talent and capability development
  • Bridge actual results with forecasts and budgets, ensuring P&L components are accurately reflected and communicated

Benefits

  • Comprehensive health plans covering medical, vision, dental, life and disability
  • Paid parental leave and fertility benefits
  • Employee Assistance Program and caregiver support
  • Retirement and profit-sharing plans
Full Job Description
Director FP&A - Americas Flavor Solutions. This new hire will work at our Global Headquarters in Hunt Valley, MD.

Position Overview

The Director FP&A provides complex and insightful financial analysis, leadership and reporting in support of Corporate and / or business unit leadership's understanding of actual performance, financial forecasts, and the annual planning processes (budget and long-term plan).

The Director will also play an active role working with the FP&A Center of Excellence (CoE) in streamlining and optimizing FP&A processes through project level engagement with various teams. This role is division facing and will be the main business partner on all Americas Flavor Solutions FP&A related activities with support from the CoE, with a particular focus on the US Flavor, US BFS, LATAM, and Canada P&Ls.

The Director will be required to build and manage strong relationships across FP&A and Commercial finance teams and gain alignment on determining how to best support priorities and goals. The Director has direct leadership for FP&A Americas FS team members. Actively identifies ways to eliminate non-value work and looks for ways to innovate new ways to drive insight for the business while adhering to standardized approaches across Global FP&A.

Responsibilities
  • Works collaboratively with business unit leadership to plan, execute and consolidate the annual planning (budget and long-term plan) and forecast processes. This includes identifying opportunities and gaps to plans and helping leadership to drive actions and solves. Works with the FP&A CoE and commercial finance teams on assembling, analyzing, and presenting financial information.
  • Works with the FP&A CoE on global initiatives to advance and improve forecasting and planning processes through process redesign, technology improvements, and/or training of finance staff. This includes developing the process and procedures for utilizing standardized global financial tools and changes in the way the planning or analytical processes are employed.
  • Ensure integrity, financial control, SOX compliance, and proper approvals and accounting treatment in line with policies and procedures for all related key activities
  • Manages two Senior Financial Analysts, one Financial Analyst III, and one Rotational Analyst, helps give direction to CoE support team and supports the talent and capability within the team.
  • Bridging of actual results to forecast, budget and prior year, as applicable, ensuring all major P&L components are properly recorded and adequately explained and communicated. Participating actively in projects and ad-hoc analysis/questions related to divisional reporting, pricing, COGS, etc.


Qualifications
  • Bachelor's Degree in Finance, Accounting or Business (or related)
  • 7+ years finance experience with a minimum of 5+ years of senior level financial planning / analysis, commercial / sales finance or accounting experience required.
  • Experience in budgeting, forecasting and financial analysis.
  • In-depth knowledge of FP&A.
  • Working knowledge of sub-functions across Finance Function (Shared Services, Commercial Finance in Units/Regions, Finance & Treasury, Tax, etc.)
  • Strong theoretical and practical knowledge of financial and analytical techniques required.
  • Ability to influence and interact effectively with all levels and areas of the organization is required.
  • Adaptability - Work well under constant pressure and critical deadlines.
  • Proven experience to be able to articulate difficult ideas and concepts through concise verbal and/or written communication
  • Excellent theoretical and practical knowledge of financial and analytical techniques
  • Proven ability to apply discretion and prioritize competing agendas
  • Proven experience in being able to build and sustain trusted relationships with senior stakeholders
  • Strong technical Finance understanding and business acumen
  • Proven ability to interpret data, order and assess its value and present the findings to the relevant stakeholders concisely


#LI-CG1

Base Salary: $121,900 to $219,410

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 McCormick's Incentive Bonus (MIB) Plan. 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

About McCormick & Company

McCormick & Company is a global leader in the manufacture, marketing, and distribution of spices, seasoning mixes, condiments, and other flavor products. The company was founded in 1889 and is headquartered in Sparks, Maryland. McCormick & Company operates in over 150 countries and has a portfolio of well-known brands including McCormick, Lawry's, and Old Bay. The company is committed to sustainability and has implemented a number of initiatives to reduce its environmental impact. McCormick & Company has received numerous awards for its commitment to sustainability and has been recognized as one of the best places to work in the United States.
Learn more about McCormick & Company
Size
14,000 employees
Market Cap
$22.6 billion
Industry
Net Income
$747.4 million
Founded
1889
5 Year Trend
+7.4%
Revenue
$5.6 billion
NASDAQ

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