Commercial Finance Director

Novolex•Lake Forest, IL

21h

About The Position

Job Description: Serves as the key liaison between the Commercial team and the Finance organization enabled by enriched Business Partnering relationships, metric tracking and reporting key sales objectives and targets Directly supporting BU CFO and partnering with the CPG Commercial VP Works closely with Commercial Excellence team regarding Sales Pipeline tracking and reporting Drives the commercial planning and financial forecasting/budgeting process by developing in-month and forward channel-level forecasts by customer, factoring in variability in gross price, allowances and material/conversion costs and presents to Business Unit/Channel management Responsible for Commercial Channel EBITDA variance bridge calculations and providing robust explanations of variance drivers Supports senior management with information to assist with business decision making (predictive/actionable information and data points) Responsible for monthly analysis, including detailed variance analysis of standard gross margin Integrates commercial finance function into Pactiv’s digital strategy by expanding the use of new digital tools such as One Stream Reporting and Tableau. Commercial business case management including developing presentation for approval, coordinating capital investment assumptions with Engineering team, cost modeling, working with Pricing team and Sales on commercial assumptions and developing P&L view of pay-back analysis. Creates and maintains a look-forward customer profitability model, which pulls data from multiple locations to efficiently calculate the forecasted profitability of a customer for the next 12 months and factors in potential options in rebates or other items to calculate a pro-forma profitability. Partners with FP&A and IT to improve data integrity, Coordinate monthly Sales Incentive Plan (SIP) tracking Drive corporate initiatives to field sales Ad hoc strategic project support as required

Requirements

BA/BS required with emphasis in finance or accounting (MBA/CPA preferred)
8+ years of experience in a financial analytical role with specific experience in Gross-to-Net accounting and analysis. Public accounting experience preferred.
In-depth understanding of income statement analysis
Excellent analytical, problem-solving and decision making skills with an ability to anticipate the needs of the stakeholders and take quick action to satisfy
Experience collaborating and working successfully with stakeholders and teams, with particular ability to manage multiple competing priorities
Strong computer literacy, including familiarity with database development and reporting tools, proficiency in Microsoft Office (Excel); SAP & HFM/Essbase experience preferred

Nice To Haves

MBA/CPA preferred
Public accounting experience preferred.
Experience with digital tools such as Tableau, Robotic Process Automation and Data Management are preferred

Responsibilities

Serves as the key liaison between the Commercial team and the Finance organization enabled by enriched Business Partnering relationships, metric tracking and reporting key sales objectives and targets
Directly supporting BU CFO and partnering with the CPG Commercial VP
Works closely with Commercial Excellence team regarding Sales Pipeline tracking and reporting
Drives the commercial planning and financial forecasting/budgeting process by developing in-month and forward channel-level forecasts by customer, factoring in variability in gross price, allowances and material/conversion costs and presents to Business Unit/Channel management
Responsible for Commercial Channel EBITDA variance bridge calculations and providing robust explanations of variance drivers
Supports senior management with information to assist with business decision making (predictive/actionable information and data points)
Responsible for monthly analysis, including detailed variance analysis of standard gross margin
Integrates commercial finance function into Pactiv’s digital strategy by expanding the use of new digital tools such as One Stream Reporting and Tableau.
Commercial business case management including developing presentation for approval, coordinating capital investment assumptions with Engineering team, cost modeling, working with Pricing team and Sales on commercial assumptions and developing P&L view of pay-back analysis.
Creates and maintains a look-forward customer profitability model, which pulls data from multiple locations to efficiently calculate the forecasted profitability of a customer for the next 12 months and factors in potential options in rebates or other items to calculate a pro-forma profitability.
Partners with FP&A and IT to improve data integrity
Coordinate monthly Sales Incentive Plan (SIP) tracking
Drive corporate initiatives to field sales
Ad hoc strategic project support as required

Benefits

With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work.
We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through MyLearning. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program (Non-Union), and a Learning Management System that supports and enhances employee skills at all levels of the organization.

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