Ingredion

Returning Candidate?

Manager, Financial Planning & Analysis - TIC Gums

Manager, Financial Planning & Analysis - TIC Gums

Requisition ID 
2018-3093
Job Locations 
US-MD-Belcamp
Job Family 
Finance (FN)

More information about this job

Responsibilities

TIC Gums, an Ingredion company, is a global leader in food texturizer and stabilizer solutions. Food and beverage companies rely on TIC Gums to improve the texture, stability, consistency, nutritional profile, and shelf appeal of their products. Legendary customer service, high quality standards, and the unrivaled knowledge of our Gum Gurus® has made TIC Gums the industry leader for more than 100 years.

 

The Manager, Financial Planning & Analysis (FP&A) will lead the company’s efforts to support the financial planning, budgeting, forecasting and management reporting areas, including all monthly metric and budget vs. actual reporting. This role will lead key aspects of financial planning and analysis for the organization focusing on proactively analyzing business performance and key performance metrics to provide analytical, strategic and financial support to senior management. In addition, this role is responsible for co-leading the implementation of business intelligence tools, as well as participating in the SAP implementation that will be necessary to streamline operations and financial reporting with our parent company.

 

ESSENTIAL DUTIES and RESPONSIBILITIES include the following:

 

  • Owns the company’s annual budgeting process at both the company level and the departmental level, and adheres to the required timeframes outlined by our parent company. This includes capital budgeting.
  • Monitors the departmental expense and capital budgets in conjunction with department heads, including reviews of variances and corrective action if necessary.
  • Owns the company’s quarterly forecasting process in accordance with the guidelines required by our parent company.
  • Administers and reviews all budgets and forecasts; monitors progress and changes and keeps senior management up-to-date on the company’s financial status.
  • Oversees inventory costing, product profitability and customer profitability analysis.
  • Oversees the reporting and monitoring of key performance indicators and trend analyses with recommendations to assist in improving cost efficiencies within the organization.
  • Drives functional enhancements to planning, forecasting and month-end processes and activities and implements best practices.
  • Co-leads Business Intelligence processes for the organization including establishing a system to integrate all data into one central repository; assists with planning and execution of the project as well as ongoing training and maintenance of the system.
  • Participates, as needed, in the implementation of SAP that will be necessary to streamline operations and financial reporting with our parent company.
  • Manages the Financial Operations Analyst, Business Performance Analyst and Financial Analyst positions to include coaching, mentoring and development of their performance.
  • Performs other duties as assigned.
  • Follows all company safety rules in performing job duties.

 

Travel Required:  Up to 20%

           

EDUCATION and/or EXPERIENCE

Bachelor’s Degree in a business-related field required, accounting degree preferred.  At least 8-10 years of experience in financial analysis and planning required; with 3-5 years of managerial experience. Experience in a manufacturing environment preferred.

 

LANGUAGE SKILLS:

Excellent verbal and written communication skills required.

                                                                                                                                               

OTHER SKILLS and ABILITIES: 

Must be computer literate. Must be highly proficient in Microsoft Excel, with experience in business intelligence system preferred. Must have an attention to detail, including a thorough process of review and quality checking all key deliverables. Familiarity with Sage X3, SAP and Salesforce a plus.