Financial Analyst, Food & Industrial Ingredients US/Canada

Ingredion Incorporated • Westchester, IL

12d • $69,800 - $93,067 • Hybrid

About The Position

The Financial Analyst, Food & Industrial Ingredients US/Canada supports and continuously improves the segment’s financial planning, forecasting, and budgeting processes. The role assists in developing business and financial strategies and analyzing operating results, helps develop the segment’s operating expense budget, and supports the annual capital expenditure deployment program to promote profitability and sustainability. The position reports to the Director, Finance Food & Industrial Ingredients US/CAN and is based in Westchester, Illinois, with a hybrid workplace arrangement.

The analyst prepares operating expense budgets and financial reporting across the segment’s business functions, supports capital planning and allocation, and assists with monthly and quarterly financial reporting. The role contributes to annual budgeting and periodic forecasts, including beginning the transition to a rolling forecast process. It also works with stakeholders across Commercial, Operations, Marketing, Supply Chain, Manufacturing, and other functions to assess performance, identify risks and opportunities, and recommend corrective actions.

The position leads and supports process-improvement projects, cost-reduction initiatives, and analysis for business challenges and ad hoc financial projects. It also includes responsibility for professional development to support individual performance and organizational capability.

Requirements

• Bachelor’s degree required, with an emphasis in Finance or Accounting.
• 0–3 years of experience in financial analysis, reporting, forecasting, accounting, or auditing.
• Strong relationship-building, influencing, and communication skills.
• Strong written, verbal, and presentation skills, including the ability to communicate clearly and concisely to all organizational levels.
• Ability to analyze financial results and assess the impacts of business decisions.
• Working knowledge of income statements, balance sheets, and cash flow statements.
• Strong knowledge and demonstrated experience with Microsoft Excel and PowerPoint.
• Strong understanding of GAAP and financial reporting standards.
• Experience planning and coordinating multiple projects simultaneously.
• Willingness to embrace change and new ideas and approaches.

Nice To Haves

• CPA or MBA.

Responsibilities

• Prepare operating expense budgets and financial reporting for all F&II US/Canada business functions, including Commercial, Supply Chain, Marketing, and Manufacturing.
• Ensure alignment of the SG&A plan with the profit growth outlook, promote disciplined spending, uphold external commitments, and provide headcount oversight.
• Build collaborative and influential relationships with segment leaders and key stakeholders in Operations, Commercial, and other functions.
• Assist in developing, executing, and launching a local service fee process to distribute costs across business segments and reflect cost to serve.
• Review and develop capital expenditure recommendations by validating business justifications and assumptions, developing discounted cash flow models, engaging stakeholders, and summarizing relevant data.
• Support capital allocation through forecasting, monthly reporting of actual spending, project tracking, timely approvals, and post-completion reviews.
• Assist and guide stakeholders in understanding, entering information into, and approving items in capital software.
• Support the five-year Capital Strategic plan through target setting, project prioritization, and reporting.
• Assist with monthly and quarterly financial reports, including segment income statements, balance sheets, and cash flow statements.
• Analyze financial performance, identify key drivers and improvement areas, and investigate and explain variances from budgets, forecasts, and prior periods.
• Collaborate with department heads to understand performance drivers and propose corrective actions.
• Participate in business reviews with executives and provide actionable recommendations.
• Provide timely and accurate reporting to internal and external stakeholders.
• Support the annual F&II US/Canada budgeting process and periodic forecasts by working cross-functionally to set financial goals and identify risks and opportunities.
• Begin transitioning the segment to a rolling forecast process to improve forecast timeliness and accuracy.
• Execute process-improvement projects that promote an owner’s mindset and cost reduction across the segment.
• Implement action plans to enhance profit margins and collaborate with cross-functional teams to address business challenges.
• Present findings and recommendations to senior management and identify opportunities for process enhancement and efficiency gains.
• Support ad hoc financial projects, analysis, and financial presentations for F&II US/Canada and Ingredion leaders.
• Ensure professional development that advances individual performance, organizational capability, succession planning, and recognition.

Benefits

• Competitive salary and performance-based pay.
• Medical, dental, and vision coverage.
• 401(k) plan with company match.
• Health, long-term savings, and resources for physical, mental, and emotional well-being.
• Flexible work arrangements.
• Learning, training, and development opportunities, including tuition reimbursement.
• Employee recognition program with personalized recognition rewards.
• Employee discounts on products, services, and travel.
• The role may be eligible for the Ingredion Annual Incentive Plan or a role-specific commission or bonus.

What This Job Offers

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