Americas Supply Chain Finance Director, Flavors

McCormick & Company, Incorporated; Maryland; Hybrid; USD 180,000 - 260,000; Full time

Benefits offered by this job

401(k)

Health insurance

Paid time off

Wellbeing programs

Job summary

McCormick & Company, Incorporated is seeking an Americas Supply Chain Finance Director, Flavors, to lead financial operations for the Flavor SC region in a hybrid (50/50) role at the Hunt Valley headquarters. You will drive strategic cost management, capital investments, and cross-functional financial planning across Manufacturing, Engineering, Planning, Distribution, and Inventory.

The role partners with senior SC leadership to standardize policies, provide insights for strategic priorities,

Qualifications

• Bachelor’s degree in Finance, Accounting, or an equivalent business function.
• 10–12 years of progressive financial and business experience.
• Strong knowledge of financial accounting standards and supply chain principles.
• Excellent people and organizational leadership experience.
• End-to-end business planning and internal controls knowledge.
• Experience with cost accounting and ABC costing.
• Proven change management and cross-functional leadership.
• Proficiency with SAP, SAP BW, TM1, Excel, and PowerPoint.

Responsibilities

• Lead Finance Operations for Americas Flavor Supply Chain with 4–6 managers.
• Partner with VP and Sr Director to define and implement SC strategy.
• Drive productivity projects and major capital investment proposals.
• Oversee monthly closes and GAAP reporting.
• Develop and implement financial policies and processes.
• Monitor cost performance and drive optimization across the region.
• Prepare and present the Monthly Divisional Business Review.

Skills

Finance leadership

Strategic thinking

People management

Budgeting & forecasting

Influence & communication

Excel

SAP/ BW

TM1

PowerPoint

Education

Bachelor’s degree in Finance/Accounting

Tools

SAP

SAP BW

MS Excel

TM1

PowerPoint

Job description

HUNT VALLEY, MD, US, 21031

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 Americas Supply Chain Finance Director, Flavors 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:

• Career growth opportunities
• Flexibility and Support for Diverse Life Stages and Choices
• Wellbeing programs including Physical, Mental and Financial wellness

Reporting to the America’s Regional Supply Chain Senior Finance Director, the America’s Supply Chain Finance Director will be responsible for the Regional Segment Supply Chain Finance organization, including oversight and execution of the financial analyses and accounting of Manufacturing, Engineering, Planning, Distribution, Inventory, Procurement and Supply Chain CCI.

The Flavor Supply Chain financial results, analysis, and processes would be coordinated by this role and would provide insights to the divisions and corporation to drive decisions and improve performance. This role is responsible for the standardization of cost policies and procedures across the segment, while facilitating the sharing of best practices across the function.

The role also partners with the America’s Supply Chain Flavors VP and his/her team, providing strategic guidance and financial analyses, and provides insight for the Global Supply Chain Organization, including driving financial analysis and partnership for all strategic priorities within Supply Chain. Internal customers rely on this position to influence and help drive improved performance in their business by identifying opportunities, setting strategies, respectfully challenging and debating with Supply Chain function heads and providing insights to drive decisions, investments, and resource allocation.

MAIN RESPONSIBILITIES

• Regional Segment Lead for all Finance Operations activities with the team of 4-6 SC Finance Managers
• Business partner with America’s Flavor Supply Chain Vice President and Sr Director 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” including Long Term Plan (LTP), Budgets, Quarterly Forecasts
• Partner with Regional SC Senior Director 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
• Provide organizational leadership for plant controllers by providing day to day coaching, management, and barrier breaking. Leverage the company’s people management processes to provide formal and informal feedback, develop individual development plans (IDPs) and leverage learning resources to build capability across the team.
• 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
• 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
• 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
• ERP Implementation support/guideline for R8NA go lives

REQUIRED QUALIFICATIONS

• Bachelor’s degree in Finance, Accounting, or an equivalent business function
• 10-12 years if progressive, financial, and business experience
• Strong proven knowledge of financial accounting standards and Supply Chain principles and processes (eg. IBP).
• Excellent People and Organizational Leadership experience
• Thorough understanding of end-to-end business planning, financial planning processes, systems and internal controls
• Excellent project management skills including the ability to manage cross-unit and cross-function teams including indirect reporting relationships.
• Experience with ABC Costing and practical experience with cost accounting
• Strength in change management abilities not only to drive transformational change, but to insure the people, systems and processes are leveraged to do so
• Critical thinking skills and ability to problem solve using creative solutions
• Demonstrated ability to build and sustain effective relationships at all levels within a matrix organisation
• Excellent communication (both oral and written) skills with demonstrated ability to present ideas to and influence others.
• SAP experience across all financial modules desirable
• Strong working knowledge of MS Excel, SAP/ BW and TM1 and basic proficiency of Power Point & Word required.

PREFERRED QUALIFICATIONS

• Business MBA and/or CPA Experience
• Prior experience in Supply Chain Finance, ideally in a Manufacturing environment

Base salary compensation will be determined based on factors such as geographic location, skills, education, experience for this role, and/or internal equity of our current employees as part of any final offer. This position is also eligible to participate in McCormick’s Incentive Bonus (MIB) Plan/ McCormick’s Sales Incentive Bonus (SIB) Plan/ McCormick’s Dividend Program. In addition to a competitive compensation package, permanent employees of McCormick are eligible for our extensive Total Rewards programs that include:

• 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

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.

WHY WORK AT MCCORMICK?

As a McCormick employee you’ll be empowered to focus on more than your individual responsibilities. You’ll have the opportunity to be part of something bigger than yourself—to have a say in where the company is going and how it’s growing.

Between our passion for flavor, our 130-year history of leadership and integrity, the competitive and comprehensive benefits we offer, and our culture, which is built on respect and opportunities for growth, there are many reasons to join us at McCormick.