Sr Financial Analyst

Michael Foods Inc.•Hopkins, MN

5h•Onsite

About The Position

Michael Foods, Inc. is a leader in the food processing and distribution industry with business in egg products, refrigerated grocery and potato products. They offer exciting job possibilities throughout their organization. The Senior Financial Analyst, Revenue & Pricing will support both the Commercial Finance department and the Commercial Business for an assigned business segment. This role will lead key financial processes and consolidated analysis and reporting needs within the Commercial Finance team. Responsibilities include coordinating Plan & Forecast processes, building revenue models, and providing insights into pricing trends, volumes, and revenue variances. In partnership with the Commercial Finance team, this role will lead Commercial Revenue analysis for month-end results, forecast, plan, and ad-hoc analysis needs. The role will also conduct analysis and development of periodic List Price changes for product lines. Revenue management responsibility includes analyzing volume and pricing impacts on revenue, building annual plan and forecast projections, quantifying revenue risks & opportunities, month-end variance explanations, and ad-hoc analysis as needed. Developing strong partnerships with Finance Teams and other functional areas is key to success.

Requirements

Bachelor’s Degree with emphasis in finance, accounting, or related field; will also accept equivalent combination of education, training, and experience.
5+ years’ experience in Accounting or Finance, with strong analytical and modeling skills.
Synthesize analysis and business context to provide insights and recommendations that balance meeting business objectives and financial outcomes.
Excellent communication with strong analytical and problem-solving skills.
Ability to partner and influence across the organization.
Strong attention to detail and ability to connect details to overall strategy.
Demonstrated ability to manage workload, inclusive of collaborative prioritization and ensuring accurate and timely completion of work deliverables.
Highly proficient in Excel, Planning Systems, Data Visualization Tools (preferably Tableau), and ERP solutions (preferably SAP).

Nice To Haves

Food or other manufacturing industry experience preferable.
Experience with price/mix/volume analysis is beneficial.

Responsibilities

Coordinate planning and analysis activities within Commercial Finance team, including month-end variance analysis, periodic forecasts, annual plan, and ad-hoc analysis needs.
Responsible for analyzing and articulating key drivers of revenue variances, including volume and pricing trends.
Conducts analysis to quantify impact of key pricing drivers (commodity markets, bill of material costs, freight, rebates, operating profit, etc.) for customers, product groups, and product lines to provide insights into pricing changes and trends.
Analyze customer, product line, and trade channel volume trends and impact to revenue.
Synthesize analysis and clearly communicate insights and recommendations to Leadership.
Lead a variety of revenue and pricing activities, including periodic List Price profitability analysis and updates, consolidation of bill of materials for product lines used to price individual products, and deviated-pricing and operator rebate journal-entry analysis.
Improves existing processes, models, analysis capabilities, and tools.
Analyze historical trends and external market conditions to provide insights and recommendations for leadership to support Commercial business strategies, new product development and pricing.
Quantify and articulate revenue risks and opportunities.
Perform general accounting duties including, but not limited to, journal entries, account reconciliation and customer reconciliation.
Monitors and assures business process compliance.
Performs ad-hoc analysis, special projects, and other duties as assigned.