Sr. Financial Analyst

Synergy Flavors; Illinois; On-site; USD 90,000 - 120,000; Full time

Job summary

Synergy Flavors, Inc. in Chicago, IL seeks a Senior Financial Analyst to lead accounting and financial reporting for its operations.

Responsibilities include producing periodic reports, maintaining records, and enforcing budgets and controls to mitigate risk and ensure compliance with Ireland accounting standards. The role collaborates with site leadership and various departments to improve processes, perform monthly closings, and support audits while driving continuous financial transformation

Qualifications

• Requires 5+ years of experience with similar responsibilities in a global manufacturing company.

Responsibilities

• Produce periodic financial reports and maintain accounting records.

Skills

Independent work

Process improvement

Manufacturing knowledge

Interpersonal skills

Communication skills

Financial analysis

Time management

Analytical mindset

Education

Bachelor's degree in Accounting or Finance

MBA or certifications are a plus

Tools

D365

SAP

OneStream

Hyperion

Excel

Job description

Company Overview

Synergy 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 Success

The 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.

The 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 Contribute

The 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 comm