Finance Manager
2 weeks ago
McCormick Canada continues its long track record of growth and is a respected leader in the spice, seasoning, flavouring and specialty food industry. Our consumer products division serves retail grocery customers and emerging channels with Club House, Billy Bee and McCormick products, while our Custom Flavour Solutions division serves food service distributors and other respected food manufacturers across Canada. McCormick Canada is part of the world leader in spice and seasonings, McCormick & Company Inc.
The Power of People is one of our five pillars. It has been the foundation for McCormick's success for decades. There is something inspiring about working at McCormick. We have created an unusually dedicated workforce by fostering a culture of respect, recognition, inclusion and collaboration based on the highest ethical values. Without our employees, our success is not possible. Our commitment to our customers, our consumers and our employees is unsurpassed.
**POSITION OVERVIEW**:
Under the general supervision of the Director of Operations Finance, this position is responsible for all the cost and accounting activities for Canada as well as partnering with the Plant Leadership Team (PLT) to provide overall financial guidance. This includes significant analysis of actual results, preparation and communication of financial forecasts and responsibility for a portion of divisional manufacturing and Canada Distribution budgets. This position may also lead cross-functional projects and standardization efforts in certain areas across the Operations Finance Team.
**RESPONSIBILITIES**:
Provide guidelines for approaches to cost analyses used in business decisions.
Perform financial analysis as assigned for use in the development of business strategies and tactics. Submitting financial findings and interpretations for review and assisting management in the development of recommendations to business issues.
Assist in the implementation and interpretation of plant metrics and critical indicator reports. Quantify the financial impact of the opportunity or issues resulting from those interpretations, including impacts of operational decisions.
Participate in the development of financial forecasts and related budgets, considering alternative scenarios as appropriate and performing variance analysis to the forecasts and budgets.
Prepare economic forecasts of business conditions and trends impacting the manufacturing site and drawing relevant conclusions.
Develop and analyze standard product costs using labor and machine rates & analyzing actual to standard variances.
Assist in the identification, validation and monitoring of CCI (Comprehensive Continuous Improvement) programs. Actively participate on Continuous Improvement teams providing financial support and insight.
Participate in the definition of assumptions for the quantification, analysis and audits of investments. Includes capital investments, with measurement of return, and balancing inventory holding costs and operational performance.
Maintain an effective control environment.
**REQUIRED QUALIFICATIONS**:
Bachelor’s Degree in Accounting, Finance, Business or a related field
Minimum 5 years of accounting and/or financial analysis experience
Minimum 2 years' experience participating on projects
Strong interpersonal skills with a demonstrated experience working across functions and interacting with all levels of the organization
Excellent analytical skills and problem-solving capabilities
Proven knowledge of financial accounting standards and GAAP
Excellent theoretical and practical knowledge of different financial and analytical techniques and the capability to plan work and meet deadlines
Excellent communication and organization skills
Ability to propose and implement improvements to systems, methods of work and analysis methods and contribute to ensuring that they are continuously adapted to the business requirements
Proficiency in Microsoft Office, with advanced Excel and PowerPoint skills
**PREFERRED QUALIFICATIONS**:
MBA
CPA
Minimum 2 years in manufacturing (cost) accounting
Experience leading or managing projects
Experience leading large complex projects and supporting finance initiatives with the business functions
SAP experience
LI-NP2
Throughout the selection process, accommodations for applicants with disabilities are available upon request. Please notify H.R. if required.
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