Director FP&A - Americas Flavor Solutions. This new hire will work at our
Global Headquarters in
Hunt Valley, MD.
Position OverviewThe 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
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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