Procurement Finance Controller

Dawn Foods Ltd.; United States; Remote; USD 90,000 - 146,000; Full time

Job summary

A leading company in bakery manufacturing seeks a Procurement Finance Controller to manage financial reporting, budgeting, and procurement analysis. This remote role involves collaboration with various departments to enhance financial visibility and support strategic decision-making. The ideal candidate will have extensive finance experience, strong analytical skills, and proficiency in financial modeling and tools like SAP. Competitive compensation and benefits are offered.

Benefits

Competitive Pay

401(K) + company match

10 Paid Company Holidays

Paid Time Off

Professional training

Qualifications

• Minimum of seven years of experience in finance and/or procurement required.
• Advanced knowledge of Excel, BI, SAP, and financial modeling.

Responsibilities

• Facilitates monthly and quarterly forecasting and financial reporting.
• Collaborates with Procurement for strategic decision-making.
• Prepares monthly financial reports and conducts ad hoc financial studies.

Skills

Excel

Financial Modeling

Communication

Collaboration

Judgment

Education

Bachelor's degree in finance or related field

High School or GED

Tools

SAP

BI

Job description

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Job Title: Procurement Finance Controller

Facility: Remote USA

Location:

Any City, Any State, United States

Workplace Type: Remote

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Dawn Foods is a global leader in bakery manufacturing and ingredients distribution. As the partner of choice for inspiring bakery success, we helpcustomers grow their business through meaningful partnerships, research-driven insights and innovations, and products and expertise they can depend on. As a family-owned company, our commitments to our people, products, customers, and corporate values, are all part of our recipe for success.

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Why work for Dawn Foods?

PEOPLE. PRODUCTS. CUSTOMERS.

Why should you apply? We invest in you!

• Competitive Pay
• 401(K) + company match
• 10 Paid Company Holidays
• Paid Time Off
• Professional training
• Family-owned business with over 100 years of service
• An opportunity for career advancement, working as part of an empowering workforce.

Job Purpose and Overview

With minimal supervision, the Procurement Finance Controller facilitates monthly and quarterly forecasting, financial reporting, the annual budgeting process, forecasting of raw materials, and analysis of all aspects of procurement spending. They collaborate and engage with Procurement and Risk Management to support planning and strategic decision-making by identifying, maintaining, and evaluating information for enhanced financial visibility.

This is a remote opportunity with travel up to 20%. The position requires attendance at a one-week onsite training session in Jackson, Michigan, during the first week of employment.

What will you do as a Procurement Finance Controller at Dawn Foods?

• Prepares monthly financial reports with support from procurement by collecting, formatting, analyzing, and explaining information (PPV report, GM impact report, Purchase discount report)
• In-depth PPV analysis by line & category
• In-depth value tracking, strategically and tactically maximizing the value generation of our Accelerator value case across multiple lines of the P&L, including manufacturing and buy/sell.
• Reviews and understands standard costs provided by Procurement, instrumental in ensuring accuracy of standard costs in SAP for budget and subsequent cost rolls including budgeting & forecasting.
• Collaborates with Procurement using Demand Plan (Blue Yonder) to build reporting capabilities to accurately forecast raw material needs leading to strategic coverage and hedging decisions.
• Collaborate with Procurement to manage back-to-back customer contracts and time-based commitments for strategic volume manufacturing and buy/sell business (volume estimation, booking and confirmation communications, monthly consumption reporting)
• Closely collaborates and is immersed with Commercial Finance on an ongoing basis to understand dynamic market business opportunities and their alignment with procurement needs
• Provides a monthly view of contractual forecast coverage for a significant number of commodities. Level of detail to include monitoring open contracts, inventory, open orders, and future forecasts. Procurement Analysts handle raw material contracting and forecasting.
• Partners with the procurement department in the formulation of their operating expenses during the budget process
• Works with Process to Pay business process leader to develop optimal processes, policies & procedures.
• Partners on strategic risk management & development of risk management framework
• Assists procurement team with designing templates and processes to aid in contracting raw materials as part of RFPs.
• Respond to financial inquiries from the procurement department by gathering, analyzing, summarizing, and interpreting data.
• Conduct ad hoc financial and business-related studies as management requests.
• Provides support to Procurement, Finance, and R&D on developing ad-hoc analysis.
• Work with broader BI team to develop strategies to improve overall department effectiveness and efficiency; drive improved data quality and consistency across all data solutions.
• Contributes to team effort by accomplishing related duties as assigned or requested.
• Demonstrate the "Dawn Values" of Team Dawn and support the Dawn Circle of Excellence.

What Does It Take to be a Procurement Finance Controller at Dawn Foods?

Below are the minimum qualifications to be a fit for this job.

• High School or GED is required.
• Bachelor’s degree in finance or related field preferred.
• A minimum of seven years of experience in finance and/or procurement is required.
• If only finance experience, experience supporting procurement is required.
• Prioritize, work through interruptions, and multi-task to meet goals and timelines.
• Advanced knowledge of Excel, BI, SAP, and financial modeling
• Strong work ethic, judgment, diplomacy, and collaboration skills
• Excellent communication skills, both written and verbal
• Experience with hedging and hedge accounting principles

Physical Demands & Work Environment

The physical demands described here are representative of those that must be met by a Team Member to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

• The normal setting for this job is an office setting or work from home office.
• This is a remote opportunity with travel up to 20%.

Note:The level of physical effort may vary from site to site and in some cases be greater or lesser than documented here.

If this sounds like the opportunity that you have been looking for, please click "Apply.”

About Our Benefits

Dawn is proud to employ the top talent in the baking industry, and we reward our people with comprehensive health and well-being coverage, competitive compensation packages, and award-winning benefit offerings. We also help protect your future financial health with a generous 401(k) matching program that provides additional retirement funds and many tools and resources on financial wellness. Dawn encourages professional growth through tuition assistance and educational programs, and we are always searching for ways to improve our industry-leading services and benefits.

Compensation Range:

$90,960 - $145,540 with bonus incentive.

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An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, pregnancy, sexual orientation, gender identity/gender expression, citizenship status, military or veteran status, genetic information or any other status or condition that is protected by applicable law.