Senior Financial Analyst

Hormel Foods; Austin (MN); On-site; USD 93,000 - 131,000; Full time

Job summary

The Senior Financial Analyst, Foodservice National Accounts at Hormel Foods Corporation, based in Austin, MN, partners with Sales, Marketing, Supply Chain and others to drive financial planning, forecasting, and decision support for the Foodservice National Accounts channel.

You will lead pricing analyses, customer profitability reviews, scenario modeling, and monthly close activities, ensuring accuracy and strategic alignment with corporate objectives.

Qualifications

• Bachelor’s degree in finance, accounting, economics, business or related field, or equivalent.
• Five+ years in financial planning and analysis, commercial finance, or business finance.
• Experience in customer profitability, pricing analysis, and forecasting in a commercial environment.
• Advanced financial modeling and analytics; ability to build driver-based forecasts and communicate outcomes.
• Advanced Microsoft Excel skills; ERP/FP&A tools proficiency.

Responsibilities

• Lead monthly forecasting and annual operating plan for National Accounts with integrated revenue, volume, margin, and profitability models.
• Provide financial guidance on pricing, promotions, and growth opportunities with cross-functional teams.
• Analyze performance drivers of sales, margin, and product mix; identify trends and variances.
• Support pricing decisions, contract negotiations, and RFPs with financial analyses and scenarios.
• Manage commodity and market-based models to quantify cost impacts and inform pricing and inventory strategies.
• Serve as trusted partner to Foodservice leadership with clear financial recommendations.
• Participate in IBI planning by reconciling demand, supply, and financial assumptions; improve forecast accuracy.
• Support month-end close with accounting and revenue management; validate results and variances.

Skills

Forecasting

Financial modeling

Pricing analysis

Customer profitability

Excel

ERP systems

Data visualization

Education

Bachelor’s degree in finance/accounting/economics/business

Tools

Power BI

Oracle Cloud/SmartView

QAD

Job description

SENIOR FINANCIAL ANALYST - FOODSERVICE NATIONAL ACCOUNTS - CORPORATE OFFICE (AUSTIN, MN)

About Hormel Foods

Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with over $12 billion in annual revenue. Its brands include PLANTERS®, SKIPPY®, SPAM®, HORMEL® NATURAL CHOICE®, APPLEGATE®, WHOLLY®, HORMEL® BLACK LABEL®, COLUMBUS®, JENNIE-O® and more than 30 other beloved brands. The Company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of the best companies to work for by U.S. News & World Report and one of America’s most responsible companies by Newsweek, was recognized by TIME magazine as one of the World’s Best Companies and has received numerous other awards and accolades for its corporate responsibility and community service efforts. For more information, visit www.hormelfoods.com.

This position reports to the Senior Finance Manager-Foodservice.

The Senior Financial Analyst, Foodservice National Accounts, serves as the primary finance business partner for the Foodservice National Accounts channel, including Control Label products. The role leads financial planning, forecasting, reporting, pricing analysis, customer profitability analysis, and strategic decision support. By translating financial and operational data into actionable recommendations, this position helps the organization manage risk, improve decision quality, and deliver sustainable, profitable growth while maintaining financial accuracy, integrity, and alignment with corporate objectives.

The Senior Financial Analyst partners closely with Sales, Marketing, Supply Chain, Operations, Accounting, Revenue Management, and other cross-functional teams to assess national-account performance, identify risks and opportunities, and support strategic initiatives. Success requires strong financial modeling and analytical capabilities, sound commercial judgment, and the ability to translate complex data into clear recommendations for business leaders.

Primary Accountabilities

1. 1. Lead monthly forecasting and Annual Operating Plan activities for National Accounts, maintaining integrated revenue, volume, margin, and profitability models and clearly communicating key assumptions, risks, and opportunities.
2. 2. Provide financial guidance to Sales and commercial teams by evaluating customer strategies, promotional programs, pricing initiatives, and growth opportunities and recommending actions that balance volume, revenue, margin, and customer profitability.
3. 3. Analyze business performance and the key drivers of sales, margin, customer profitability, and product mix; distinguish recurring trends from short-term variance; and deliver actionable insights and recommendations to business leaders.
4. 4. Support pricing decisions, customer contract negotiations, and RFP responses by developing financial analyses, scenario models, and profitability assessments that identify value drivers, risks, and acceptable economic outcomes.
5. 5. Manage commodity and market-based models to quantify raw-material cost impacts, identify margin and inventory risks, and inform timely pricing, sourcing, and inventory strategies.
6. 6. Serve as a trusted finance partner to Foodservice leadership, translating complex financial data into clear business recommendations that support profitable growth.
7. 7. Represent Finance in the Integrated Business Planning process by reconciling demand, supply, and financial assumptions; identifying gaps and risks; and improving forecast accuracy through clear ownership and follow-up.
8. 8. Partner with Accounting and Revenue Management during month-end close to validate results, ensure accurate trade accruals and financial reporting, explain material variances, and maintain financial integrity.

Required Qualifications

• Bachelor’s degree in finance, accounting, economics, business, or a related field, or an equivalent combination of education and relevant experience.
• Five or more years of progressive experience in financial planning and analysis, commercial finance, or business finance.
• Experience applying customer profitability, pricing analysis, and forecasting processes in a commercial business environment.
• Advanced financial modeling and analytical skills, including the ability to build driver-based forecasts, evaluate scenarios, assess customer profitability, and communicate conclusions to business leaders.
• Advanced Microsoft Excel skills required.
• Proficiency using ERP systems and financial planning tools to extract, reconcile, analyze, and communicate financial information.
• Applicants must not now, or at any time in the future, require employer sponsorship for a work visa.
• Applicants must be authorized to work in the United States for any employer.

Preferred Qualifications

• Power BI expertise (visualizations, data modeling).
• Advanced analytics or finance certification (CFA, CPA, CMA)
• Familiarity with ERP and planning systems (Oracle Cloud/SmartView, QAD).
• Experience in Foodservice, CPG, revenue growth management, manufacturing costing, supply chain finance, or a similarly complex commercial environment.
• Supply chain and costing experience a plus.

Location

Austin, MN

At Hormel Foods, base pay is one part of our total compensation package and is determined within a range. The base hiring pay range for the role is between $93,400 - $130,775 per year, and your actual base pay within that range will depend upon a variety of factors including, but not limited to, job-related knowledge, skill set, level of experience, and geographic market location.

BENEFITS

Other components of Hormel Foods' total compensation package include comprehensive medical, dental, and vision coverage, discretionary annual merit increases, bonuses and profit sharing, 401(k) with employer match, stock purchase plan, paid time off, free two-year community/technical college tuition for children of employees, and more.

At Hormel we invite difference and diversity in all aspects. We offer a space of support, understanding, and community. We are committed to the journey! Learn more about our progress here: https://www.hormelfoods.com/about/diversity-and-inclusion/

Hormel Foods provides equal employment opportunities to applicants and employees without regard to race; color; sex; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; status as a protected veteran or spouse/family member of a protected veteran; or disability.