Sr. Financial Analyst

Synergy Flavors, Inc.; Chicago (IL); Hybrid; USD 89,000 - 120,000; Full time

Job summary

Synergy Flavors, Inc. in Chicago, IL seeks a Senior Financial Analyst to manage accounting and financial reporting for the Chicago operations. The role emphasizes cost analysis, budgeting, and controls to ensure accuracy and compliance with company standards.

Responsibilities include producing cost data, partnering with site leadership, and improving finance processes with a focus on timely, high-quality financial insights for management decisions.

Qualifications

• Minimum Bachelor's degree in Accounting or Finance.
• MBA or professional certifications are a plus.
• Minimum 5+ years of experience in a global manufacturing environment.

Responsibilities

• Produce detailed cost information using cost accounting principles.
• Plan study and data gathering for cost of materials, inventory, and labor.
• Act as business partner to Site Leadership for Operations, Purchasing, Quality, EH&S, and Regulatory.
• Lead cycle count program and maintain standard costs.
• Prepare statements of product cost and operating reports.
• Coordinate external audit materials and financial reporting.

Skills

Analytical skills

Strong communication

Time management

Process improvement

Education

Bachelor's in Accounting or Finance

MBA or professional certifications preferred

Tools

D365

SAP

OneStream

Hyperion

Excel

Job description

Sr. Financial AnalystOur careers website uses cookies to improve your experience. You can turn off non-essential cookies or allow all to use all features as intended.## Sr. Financial AnalystApply: US - Morgan Street, Chicago: Full time: Posted Today: JR101682# Company OverviewSynergy Flavors, part of the Carbery Group, is more than just a leading international supplier of ingredients to the global food and beverage industry—we’re a team driven by purpose. Our vision is simple yet powerful: enriching lives through healthier and tastier foods.We believe great flavor starts with great people. That’s why we’re committed to hiring creative, passionate individuals who want to make a real impact. With deep expertise across food, beverage, and nutrition, our teams develop high-quality taste solutions that inspire innovation and elevate everyday experiences.# Your Role in Synergy's SuccessThe Senior Financial Analyst position will be responsible for the accounting and financial reporting of Synergy’s, Chicago, Illinois operations. The duties will include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with Ireland accounting standards.# How You Will ContributeThe Senior Financial Analyst position will be responsible for the accounting and financial reporting of Synergy’s, Chicago, Illinois operations. The duties will include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets designed to mitigate risk, enhance the accuracy of the company's reported financial results, and ensure that reported results comply with Ireland accounting standards. **Key Responsibilities*** Produce detailed cost information not supplied by general accounting systems, applying principles of cost accounting.* Plans study and gathers data to determine costs of business activity, such as raw material purchases, inventory and labor.* Act as Business Partner for the Site Leadership for Operations, Purchasing, Quality, EH&S as well as Regulatory* Lead the cycle count program with the initial goal of eliminating annual physical inventories* Analyze data obtained and document results.* Manage the compilation of periodic statements of product cost and develop and/or prepare appropriate operating reports.* Follow up expenditures of appropriations and supervise the assembly of data and comparisons of various budget items.* Analyze major deviations of costs and margins (e.g., vs. prior month and budget) on a consistent basis.* Identify Financial Transformation processes (Robotic Process Automation, A/P Automation, Onstream Implementation, etc.)* Ensure that certain reserve accounts are maintained consistent with Company guidelines. Development and maintenance of standard costs* Perform monthly closing activities including preparation of the cost to operate statement along with supporting analysis.* Proactively analyze variances and communicate issues and opportunities to operations management.* Collaborate with local management to prepare quarterly forecast and annual budget package.* Ensure timely and accurate accounting records for all entities. Ensure that at any time all assets are protected, and all liabilities are properly recorded in the financials.* Strive for continual improvement of all finance processes in order to get timely and more accurate information for Management to direct and support their business activities.* Develop metrics and tracking system for major cost drivers* Direct and participate in cost analyses and rate studies.* Prepare statements and reports of estimated future costs and revenues.* Coordinate preparation of external audit materials and external financial reporting.* Review financial statements with management personnel. **Skills and Requirements*** Bachelors of Science in Accounting or Finance required* MBA or certifications are a plus* 5+ years' experience with proven success with similar responsibilities in a global manufacturing company.* Demonstrate the ability to work independently and lead process improvements across different departments* Knowledge of accounting and reporting systems (D365, SAP, OneStream, Hyperion, Excel, etc.).* Strong understanding of business processes in a manufacturing environment.* Demonstrated background managing an environment that requires a high sense of urgency, strong results orientation, tight time frames, budgeting experience and solid understanding of practices and procedures in an international environment* Displays high degree of time management with the ability to work simultaneously on multiple projects within tight timeframes and to produce high quality work under very demanding circumstances* Ability to analyze financial data and prepare financial reports, statements and projections* Flexible – able to plan for contingencies and know when to invoke them.* Strong organizational skills. High level of personal discipline.* Outstanding written and verbal communication skills.* Demonstrates strong interpersonal savvy with ability to communicate with all levels of the organization, including technical teams. Salary Range: $88,500 – 119,500 The actual compensation that you will be offered will depend on a variety of factors including geography, skills and abilities, education, experience and other relevant factors. This role will remain open until filled.For more information on our benefits click here.Department: Finance/AccountingLocation: Chicago, IllinoisWork Arrangement: HybridReporting To: Director of Finance - Operations