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Job Description
McCormick & Company, Inc., a global leader in the spice, flavor, and seasonings industry, is seeking a full-time Senior Finance Director, Global Operations reporting to the VP, Global Supply Chain Finance. This role will be based in Hunt Valley, Maryland.
McCormick & Company, Incorporated is a global leader in flavor with approximately 13,000 employees worldwide. As a Fortune 500 company with over $5 billion in annual sales across 160 countries and territories, we manufacture, market, and distribute spices, seasoning mixes, condiments, and other flavorful products to the entire food industry including e-commerce, retail, food manufacturers and foodservice businesses. Our most popular brands include McCormick, French’s, Frank’s RedHot, Stubb’s, OLD BAY, Lawry’s, Zatarain’s, Ducros, Vahiné, Cholula, Schwartz, Kamis, DaQiao, Club House, Aeroplane, and Gourmet Garden. Every day, no matter where or what you eat or drink, you can enjoy food flavored by McCormick. Our Purpose is “To Stand Together for the Future of Flavor and our Vision is “A World United by Flavor—where healthy, sustainable and delicious go hand in hand.”
As a company recognized for its exceptional commitment to employees, McCormick offers a wide variety of benefits, programs, and services.
POSITION OVERVIEW
Global lead for all Operations Finance activities, leading a team of Operations Finance Directors. The role requires regular interaction with senior Supply Chain & Operations leaders and sits on the Global Finance Leadership Team & the Global Supply Chain Leadership Team.
RESPONSIBILITIES
- Business partner with Global VP Operations on defining and implementing a holistic SC strategy, driving “Make” cost levers to deliver required levels of service at the lowest possible cost in a sustainable manner
- Lead selected Transformational Productivity Projects
- Lead Business Development Analysis
- Lead Major Capex Investment proposals
- Partner with SCLT to deliver Productivity targets through JTE, Proactively promote cost and headcount controls
- Partner with SCLT on Strategic Supplier Negotiations (Co-Man, Full Buy)
- P&L Accountability for delivery of “Make” and Move Long Term Plan, Budgets, Forecasts
- Partner with Global VP Operations to navigate cost performance of the business and deliver Budget targets
- Oversee monthly accounting close process and timely and accurate reporting of financials to Corporate. Ensure statements correctly reflect the company’s financial position in accordance with GAAP
- Evaluate Make cost performance, liaise with SCLT and identify any trends that need further performance analysis and intervention
- Lead deep-dives to fully understand and address performance issues
- Provide input and recommendations on trade-offs within End-to-End SC, budget transfers, opportunity/risk
- Present financial position at Monthly Divisional Business Review meeting to business leaders
- Develop and implement financial policies, systems and processes
- Capital project oversight:
- Ensure proper business cases are developed, and review soundness of financial models; Drive increase in IRR for capital expenditure with PICERs as regular follow ups after implementation
- Define and evolve the team structure to advance the team’s development, capabilities, career advancement and service level to the business.
- Create a workplace that fosters teamwork and strengthens communication within and outside the department Play critical role in harmonization and standardization aimed at reducing complexity, improving accuracy, and reducing cost. Governance and adherence to the Policy and Procedures issued by COE.
- Work to direct staff to improve the level of automation involved in generating standardized reporting through collaboration with IT.
- Continually evaluate and modify requirements to align to business strategy ensuring that the appropriate amount of detail / effort is aligned with business needs.
- Review & safeguard company assets through the maintenance of effective inventory controls
- Work with Internal Audit and staff to improve the efficiency of our internal controls to focus effort on meaningful controls to provide assurances on compliance with minimal resource consumption
REQUIRED QUALIFICATIONS
- Bachelor’s degree in Accounting or Finance
- CIMA, ACCA or equivalent Accounting Qualification
- 10 + years of progressive, financial/business experience in Supply Chain finance in a Manufacturing environment.
- Strong proven knowledge of financial accounting standards and Supply Chain principles/processes (eg. S&OP).
- Excellent project management skills including the ability to manage cross-unit and cross-function teams including indirect reporting relationships.
- Thorough understanding of business, processes, systems and internal controls
- Experience with ABC Costing and practical experience with cost accounting
- Demonstrated strong, sustained high performance coupled with the ability to lead people and change effectively
- Excellent technical aptitude including extensive experience with Excel spreadsheets, TM1 and Business Warehouse
- SAP experience across all financial modules desirable
- Demonstrated ability to build and sustain relationships at all levels within a matrix organization
- Excellent negotiation and communication (both oral and written) skills with demonstrated ability to present ideas to and influence others.
- Good communication skills – ability to articulate points of view across levels and functions
- Comfortable with constructive challenges and ability to build processes with senior leadership
- High standards of accuracy
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McCormick & Company is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.
As a general policy, McCormick does not offer employment visa sponsorships upon hire or in the future.
