Senior Finance Director, Global FP&A and Analytics COE
McCormick
- Hunt Valley, MD
- Permanent
- Full-time
- 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
- Oversees the accurate consolidation of long-term plans, budgets, and forecasts through ownership of timelines and calendars. Leads, manages, and supports the preparation of standard templates, formats, and analysis. Leads, manages, and supports the production of value-added insights into the operating results of the business and make suggestions on how to overcome gaps and make improvements. Manages the O&R process. All planning includes P&L, Balance Sheet, and Cash Flow statements as well as key assumptions and inputs.
- Leads, manages, and supports the preparation of actionable management reporting and analysis providing meaningful and fact-based insights to support Corporate and Regional FP&A, Leadership, and the business. Oversees the financial analysis on actual results as part of the financial close process. Provides meaningful variance analysis comparing financial results with all relevant comparison points. Provides business narrative to bring the figures to life and drive action. Provides support either directly or indirectly through the Corporate FP&A lead to other key areas, including IT, GE, R&D, Investor Relations, and the Strategy team.
- Drives FP&A and Analytics excellence through best practice adoption, knowledge sharing and process transformation to develop a global standard and ensuring a high-quality service is provided to internal customers. This includes fully leveraging and exploiting technology and analytical / visualization tools to drive insight and efficiency. Leads global initiatives to advance and improve Planning and Analysis processes through process redesign, technology improvements, and/or training of finance staff. Oversees and maintains financial system (TM1).
- Responsible for coordination and consolidation of the Corporation's Capital Expenditure Process. Works closely with Executives and finance Leads who are responsible for managing capital expenditure projects to forecast cash needs, anticipated expenditures, and requirements over the strategic planning horizon. Creates reports and presents to the Management Committee a summary of forecasted Capital Expenditures by area and versus targets. Additionally, responsible for post expenditure reviews of capital projects to determine whether the financial objectives of the projects were realized.
- Works closely with Corporate HR and Corporate CFO to create financial models to calculate and measure Global incentive bonus programs. This includes collaborating with the Corporate and Commercial Finance leads to identify and clarify agreed adjustments to the bonus targets and performing sensitivity analysis to model changes in assumptions. The Director also documents the process and interfaces with Internal and External Auditors to ensure that the process and results are substantiated during the annual audit and quarterly procedures.
- Provides actual reporting and analysis, forecasting, budgeting and LTP for all SG&A, excluding Distribution. Includes developing and distributing standard reports and analysis, providing trending and insights. Suggesting areas to reduce spending, including fact-based analysis.
- Leads, manages, and supports the talent and capability within the Centre of excellence group to include accountability for the team's talent management processes and employee development.
- Bachelor's Degree in Finance or Accounting or other quantitative degree
- 10 years + of broad professional financial/accounting experience required
- Experience in budgeting, forecasting and financial analysis.
- Thorough knowledge of financial statements
- In-depth knowledge of the FP&A process.
- 4 years' experience managing people
- Experience and ability to interact with and present to the highest levels of the organization.
- Adaptability - Work well under constant pressure and critical deadlines.
- Must be able to establish personal credibility with Senior stakeholders to ensure they impact on decision making
- Proven experience in being able to influence solutions at senior finance leadership level and be able to say no and enforce governance models
- Microsoft Office with strong Excel and Power Point skills.