Sr. Finance Analyst, Supply Chain (HVP)

McCormick & Company
$87,910 - $153,870Hybrid

About The Position

You may know McCormick as a leader in herbs, spices, seasonings, and condiments – and we’re only getting started. At McCormick, we’re always looking for new people to bring their unique flavor to our team. Mccormick employees – all 14,000 of us across the world – are what makes this company a great place to work. We are looking to hire a Senior Financial Analyst, Supply Chain immediately in a Hybrid (50/50) capacity at our Global Headquarters in Hunt Valley, Maryland. What We Bring To The Table: The best people deserve the best rewards. In addition to the benefits you’d expect from a global leader (401k, health insurance, paid time off, etc.) we also offer: • Competitive compensation • Career growth opportunities • Flexibility and Support for Diverse Life Stages and Choices • Wellbeing programs including Physical, Mental and Financial wellness • Tuition assistance Position Overview The supply chain finance analyst is responsible for the financial management of the Hunt Valley Plant’s indirect spend budget. This position provides forecast and budget preparation, variance analysis, business partnership, financial reporting, and purchase order approvals.

Requirements

  • Bachelor's degree in Finance, Accounting, or Business Administration
  • 5+ years of experience in accounting/financial analysis
  • Strong understanding of budgeting, forecasting, and financial variance analysis
  • Excellent analytical and problem-solving skills
  • Proficiency in financial modeling and data analysis tools
  • Effective communication and presentation skills
  • Ability to work collaboratively with cross-functional teams
  • Detail-oriented with strong organizational skills
  • Advanced knowledge of Microsoft Excel and experience with other financial software including SAP, TM1, PowerBI, EDW

Responsibilities

  • Develop the annual spend budget and quarterly forecast for the combined Hunt Valley Plant and Spice Mill. Ensure accuracy and completeness of financial data, considering various factors such as salaries, supplies, maintenance, professional services, and savings targets.
  • Analyze Financial Variances: Perform thorough analyses of financial variances to the forecast, budget, and prior year's results monthly. Identify and explain key drivers of variances, providing actionable insights to management.
  • Approve Purchase Orders: Review and approve purchase orders, ensuring alignment with budget and appropriate accounting treatment. Partner with business owners to accrue for costs in the appropriate financial periods.
  • Partner with Cost Center Owners: Collaborate with cost center owners to ensure adherence to budgetary constraints. Provide support and guidance to ensure effective budget management and compliance.
  • Analyze Spend Data: Examine spend data to identify opportunities for cost savings and efficiency improvements. Develop recommendations to optimize spending and enhance financial performance.
  • Maintains an effective control environment and SOX compliance. Able to identify areas of potential control weakness, suggest and implement solutions to minimize risk.

Benefits

  • 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
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