Summary

The Director of Finance will lead & Build out Chobani's manufacturing and operations for its recently announced acquisition of a manufacturing facility. This individual is responsible for key financial activities while working towards performance targets including cost, productivity, waste, and efficiency metrics. In addition, this role will be responsible for the development, analysis, review, and control of Chobani's Supply Chain CAPEX program and working capital (i.e., Inventory). Through analysis, modeling, and recommendations, this role is key to driving and improving performance, implementing standard processes, and strengthening financial reporting and internal controls. Finally, this role will play a critical component in helping to refine the current process for analyzing platforms margins and looking for opportunities to improve.

This role is on site in our recently acquired Allentown, PA plant.

Responsibilities

• Greenfield buildout of $1.2B capital investment over next 5 years supporting critical innovation launches
• Financial responsibility for a short duration manufacturing arrangement
• Compile and analyze financial closing process, summarizing financial results with insights for business units and leadership.
• Prepare financial rolling forecast for COGS, calling out any risks and opportunities vs. plan.
• Manage monthly inventory reserve, reconciliation, and reporting process.
• Prepare month-end entries encompassing labor/overhead variances, inventory adjustments, manufacturing/PO variances, and machine-related entries.
• Collaborate with supply chain teams to implement cost-saving initiatives, drive accountability, and track progress against goals.
• Provide visibility to manufacturing, procurement, and logistics, focusing on continuous improvement and business performance/KPIs of operational drivers.
• Play a key role in supply planning as part of the monthly integrated business planning process and COGS financials.
• Partner with procurement to implement material price tracking and forecasting process.
• Support new product innovation initiatives, and margin analysis, and collaborate with data teams.
• Own COGS Annual Operating Plan and monthly Forecasting process, including modeling for raw materials, WIP and Finished Goods working with the supply chain on BOM inputs.
• Develop and perform and critique economic evaluation justifications for supply chain and plant capital expenditures.
• Own and revamp the overall obsolescence program focusing on analytics and reducing waste.
• Partner with operations to layout inventory KPIs and develop and track reduction initiatives.
• Revamp and propose enhancements to the current margin tracking process.
• Deliver critical cash flow guidance for executive leadership, enabling rebalancing of scarce, critical resources.
• Evaluate returns on investment for operations capital investments, optimizing cash company wide.
• Manage all aspects of budgeting, tracking, forecasting, and financial reporting of supply chain capital spending.
• Supervise, coach, develop and prioritize the workflow for Senior Financial Analyst.
• Compare financial results to planned or forecasted results and recommend future actions.
• Analyze the ongoing profitability of all new businesses and/or programs.
• Partner with Operations and demand management to forecast inventory positions.
• Provide Senior leadership with changes in working capital and CAPEX spend
• Enhance and lead control environment relating to SOX compliance in capital space while partnering with general accounting.
• Lead and provide insight into development of capital routing process.
• Prepare insights for monthly leadership reporting.
• Work with business partners to ensure that CAPEX project forecasts match what we capitalize.
• Drive global process automation and continuous improvement initiatives.
• Monitor and report on the activity in the CIP (construction in progress) account.

Requirements

• Bachelor's Degree in Business, Finance, Accounting, or related field from an accredited institution
• 6-8 years' experience in Investment Banking, Private Equity, supply chain finance, accounting, or plant manufacturing finance
• Strong knowledge and understanding of general accounting principles and cost accounting in areas of Factory costing, Contract Manufacturing, Logistics, Inventory and Procurement
• Excellent analytic and problem-solving skills with attention to detail
• Experience managing CAPEX projects including Capital allocation and target setting
• Previous cross-functional leadership experience
• Excellent written and verbal communication skills
• Strong analytical and problem-solving skills with established financial acumen and forecasting ability
• Advanced knowledge of SAP, Microsoft Office, particularly Excel, PowerPoint, and Word.
• Ability to communicate effectively at all levels using detailed written reports and narrative.
• High work capacity, dependable, results oriented and strong sense of urgency
• Excellent organizational skills, with precise attention to detail
• Demonstrated sound work ethic, high degree of personal integrity, honesty and moral character

The salary range for this full-time position is $140,000.00 - $190,000, + bonus + equity + benefits. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.

Chobani provides a comprehensive benefits package, including medical, dental, vision coverage, disability insurance, health savings account, flexible spending accounts, and tuition reimbursement. To help save for the future, all employees are eligible for a 401k match of 100% on up to 5% of eligible pay. To support growing families, we provide fertility and childcare assistance, and 12 weeks of parental leave at full pay after six months of continuous employment. In addition, we provide wellness resources which include an employee assistance program, fitness discounts, a wellness reimbursement, on-site gym access (certain locations) and a monthly wellness newsletter to connect you with resources and timely information. We offer various types of paid time of including: 120 hours of paid time off, 11 holidays, and paid volunteer time off.