Americas Supply Chain Finance Director, Flavors

McCormick & Company • HUNT VALLEY, MD

1d • $140,610 - $253,080 • Hybrid

About The Position

McCormick is seeking to hire an Americas Supply Chain Finance Director, Flavors immediately in a Hybrid (50/50) capacity at their Global Headquarters in Hunt Valley, Maryland. This role reports to the America’s Regional Supply Chain Senior Finance Director and is responsible for the Regional Segment Supply Chain Finance organization. The position oversees and executes financial analyses and accounting for Manufacturing, Engineering, Planning, Distribution, Inventory, Procurement, and Supply Chain CCI. The role coordinates the financial results, analysis, and processes for the Flavor Supply Chain, providing insights to divisions and the corporation to drive decisions and improve performance. It is also responsible for standardizing cost policies and procedures across the segment and facilitating best practice sharing. The Director partners with the America’s Supply Chain Flavors VP and their team, offering strategic guidance and financial analysis, and provides insights to the Global Supply Chain Organization, driving financial analysis and partnership for all strategic priorities within Supply Chain. Internal customers rely on this position to influence and help drive improved business performance by identifying opportunities, setting strategies, challenging and debating with Supply Chain function heads, and providing insights for decisions, investments, and resource allocation.

Requirements

• Bachelor’s degree in Finance, Accounting, or an equivalent business function
• 10-12 years if progressive, financial, and business experience
• Strong proven knowledge of financial accounting standards and Supply Chain principles and processes (eg. IBP).
• Excellent People and Organizational Leadership experience
• Thorough understanding of end-to-end business planning, financial planning processes, systems and internal controls
• Excellent project management skills including the ability to manage cross-unit and cross-function teams including indirect reporting relationships.
• Experience with ABC Costing and practical experience with cost accounting
• Strength in change management abilities not only to drive transformational change, but to insure the people, systems and processes are leveraged to do so
• Critical thinking skills and ability to problem solve using creative solutions
• Demonstrated ability to build and sustain effective relationships at all levels within a matrix organisation
• Excellent communication (both oral and written) skills with demonstrated ability to present ideas to and influence others.
• SAP experience across all financial modules desirable
• Strong working knowledge of MS Excel, SAP/ BW and TM1 and basic proficiency of Power Point & Word required.

Nice To Haves

• Business MBA and/or CPA Experience
• Prior experience in Supply Chain Finance, ideally in a Manufacturing environment

Responsibilities

• Regional Segment Lead for all Finance Operations activities with the team of 4-6 SC Finance Managers
• Business partner with America’s Flavor Supply Chain Vice President and Sr Director on defining and implementing a holistic SC strategy, driving “Make” cost levers to deliver required levels of service at the lowest possible cost in a sustainable manner
• Lead selected Transformational Productivity Projects
• Lead Business Development Analysis
• Lead Major Capex Investment proposals
• Partner with SCLT to deliver Productivity targets through JTE; Proactively promote cost and headcount controls
• Partner with SCLT on Strategic Supplier Negotiations (Co-Man, Full Buy)
• P&L Accountability for delivery of “Make” including Long Term Plan (LTP), Budgets, Quarterly Forecasts
• Partner with Regional SC Senior Director to navigate cost performance of the business and deliver Budget targets
• Oversee monthly accounting close process and timely and accurate reporting of financials to Corporate. Ensure statements correctly reflect the company's financial position in accordance with GAAP
• Evaluate Make cost performance, liaise with SCLT and identify any trends that need further performance analysis and intervention
• Lead deep-dives to fully understand and address performance issues
• Provide input and recommendations on trade-offs within End to End SC, budget transfers, opportunity/risk
• Present financial position at Monthly Divisional Business Review meeting to business leaders
• Develop and implement financial policies, systems and processes
• Provide organizational leadership for plant controllers by providing day to day coaching, management, and barrier breaking. Leverage the company’s people management processes to provide formal and informal feedback, develop individual development plans (IDPs) and leverage learning resources to build capability across the team.
• Capital project oversight: Ensure proper business cases are developed, and review soundness of financial models; Drive increase in IRR for capital expenditure with PICERs as regular follow ups after implementation
• Play critical role in harmonization and standardization aimed at reducing complexity, improving accuracy, and reducing cost. Governance and adherence to the Policy and Procedures issued by COE.
• Work to direct staff to improve the level of automation involved in generating standardized reporting through collaboration with IT.
• Continually evaluate and modify requirements to align to business strategy ensuring that the appropriate amount of detail / effort is aligned with business needs.
• Review & safeguard company assets through the maintenance of effective inventory controls
• Define and evolve the team structure to advance the team’s development, capabilities, career advancement and service level to the business. Create a workplace that fosters teamwork and strengthens communication within and outside the department
• ERP Implementation support/guideline for R8NA go lives

Benefits

• 401k
• health insurance
• paid time off
• Competitive compensation
• Career growth opportunities
• Flexibility and Support for Diverse Life Stages and Choices
• Wellbeing programs including Physical, Mental and Financial wellness
• Tuition assistance
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Director