JM Smucker Company

Lead Analyst, Supply Chain Finance

JM Smucker Company$80K — $100K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, Economics, Supply Chain, Business Analytics, or a related field
  • 4+ years in supply chain finance, procurement finance, cost accounting, or plant/manufacturing finance
  • Ability to analyze large data sets, identify trends, and translate into clear insights and actions
  • Strong communication skills for conveying financial concepts to stakeholders
  • Detail-oriented with emphasis on accuracy and strong controls

Responsibilities

  • Support the Procurement Function in developing the Annual Standard Cost process
  • Ensure accuracy of submitted costs for the COPS Annual Financial Plan
  • Explain year-over-year changes and market outlooks to Procurement Leadership and SBA Finance
  • Provide analytical support to Buyers for actual, forecasted, and planned performance
  • Collaborate with Buyers to build a monthly Purchase Price Variance (PPV) forecast
  • Deliver explanations of forecasted variances during monthly presentations and reporting
  • Submit the PPV forecast to financial systems, ensuring responsibility for accuracy

Benefits

  • Hybrid work arrangement with flexibility, requiring 9 days in-office per month or more based on business needs
  • Opportunity for professional growth in a cross-functional role
  • Engagement in strategic decision-making processes
  • Involvement with commodity volatility management to foster financial performance
  • Chance to work closely with Procurement and Finance leadership for impactful insights
Full Job Description

Your Opportunity as the Lead Analyst, Supply Chain Finance

Turn market complexity into business impact. Partner across Procurement and Finance to transform commodity and cost data into actionable insights, shape forecasts, and guide strategic decisions. Drive standard cost planning, model market scenarios, support savings initiatives, and help the business navigate commodity volatility to deliver strong financial performance and long-term growth.

Location: Orrville, OH

Work Arrangements: Hybrid, 9 days in office per month or more depending on business needs

In this role you will:

  • Support the Procurement Function through the Annual Standard Cost development process.

  • Ensure accuracy of submitted costs as they are foundational to the COPS Annual Financial Plan.

  • Explain key drivers of year-over-year changes and future market outlook to Procurement Leadership and SBA Finance partners.

  • Provide analytical data and support to the Buyers on actual, forecasted, and planned performance.

  • Partner with the Buyers to build a thorough monthly Purchase Price Variance (PPV) forecast.

  • Explain key drivers of forecasted variances to Procurement Leadership and SBA Finance partners in monthly presentations and reporting.

  • Take responsibility for the PPV forecast submission to the financial system.

  • Support team members in Cost Bridge preparation, including reconciliation of expectations and commentary on drivers.

  • Align with the Hedge Accounting team on Commodity performance/outlook and ensure consistent reporting/communication is delivered to Procurement and Finance.

  • Model 9what if scenarios and provide financial metrics related to major commodity price movements impacting the SBAs and/or Brands.

  • Participate in the evaluation of Savings Projects / Transformation Initiatives and track performance from implementation through completion.

  • Cross-train with other Commodity Lead Analysts for the purpose of identifying standardization opportunities and providing business continuity.

What we are looking for:

Minimum requirements:

  • Bachelor's degree in Finance, Accounting, Economics, Supply Chain, Business Analytics, or a related field

  • 4+ years in supply chain finance, procurement finance, cost accounting, or plant/manufacturing finance

  • Ability to analyze large data sets, identify trends, and translate into clear insights and actions

  • Ability to communicate financial concepts to stakeholders (buyers/procurement leaders)

  • Highly detail-oriented with strong controls/accuracy

Additional skills and experience that we think would make someone successful in this role:

  • Experience with commodity-sensitive environments (food, CPG, manufacturing, chemicals, packaging, etc.)

  • Experience with PPV and standard cost planning

  • Familiarity with hedge accounting concepts and commodity risk management

  • Exposure to savings initiatives including tracking savings realization

#LI-KK1

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About JM Smucker Company

J.M. Smucker Company manufactures and supplies spreads, warm beverages, sweeteners, condiments, decorating syrups, and milk products.

JM Smucker Company Careers

There has never been a more exciting time to explore the job opportunities at JM Smucker Company, a leader in the food industry known for its strong values and commitment to quality. As we continue to grow, we invite you to join our team of professionals, where innovation and leadership thrive. Work You’ll Do Join JM Smucker Company’s dynamic team to help drive growth and innovation in one of the most respected companies in the food sector. At JM Smucker, we are dedicated to transforming our business while upholding our unique culture of integrity and responsibility. Lead in a Unique Market Position At JM Smucker Company, you will find yourself at the crossroads of consumer needs and cutting-edge solutions. With a focus on diversity and professional development, we empower our employees to lead and innovate within the industry. Engage with a Skilled Team of Professionals Collaborate with over 7,000 dedicated employees who bring their skills and passion to our teams every day. At JM Smucker, we believe in nurturing talent through comprehensive training and development programs, ensuring that every team member can achieve their career goals. Introducing the JM Smucker Leadership and Innovation Initiative We are committed to fostering leadership and innovation across all levels of our company. This initiative is designed to support our employees in mastering their professional journey through continuous learning and leadership opportunities. Do Innovative Work Be part of a company that is as committed to innovation as it is to producing high-quality products. At JM Smucker Company, you will work on projects that challenge the status quo and push the boundaries of what is possible in the food industry. Be Part of a Great Team Experience a culture that values teamwork, leadership, and diversity. Our teams are made up of individuals from various backgrounds, working together to achieve common goals and drive success in the industry. Future-Proof Your Career With JM Smucker Company, your career is in good hands. We offer a variety of job opportunities, from internships to full-time positions, each accompanied by competitive benefits and the chance for growth. Whether you are just starting out or looking to advance your career, JM Smucker provides the resources and support to help you succeed. Explore Discover how our commitment to innovation leads to superior products and services: [Explore Our Innovations] Read more about how our teams are pioneering new techniques and flavors in the food industry. The JM Smucker Company Difference Our commitment to quality, innovation, and diversity sets us apart in the food industry. We believe that our employees are our greatest asset, and we are dedicated to their growth and development. Stay Connected Join Our Team Search open positions that match your skills and interests. We are always looking for passionate, creative, and driven individuals to join our team. [SEARCH JM SMUCKER JOBS] Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights—all from the people who work here. [READ CAREERS BLOG] Job Alert Emails Customize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding career opportunities that await at JM Smucker Company. [SUBSCRIBE FOR JOB ALERTS]
Learn more about JM Smucker Company
Size
14,000 employees
Market Cap
$16.9 billion
Industry
Net Income
$955.6 million
Founded
1897
5 Year Trend
+1.6%
Revenue
$8.1 billion

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