Sr Financial Analyst, Sales

McCormick & Company, Incorporated; Cockeysville (MD); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Career growth

Diversity support

Job summary

McCormick & Company, Incorporated is seeking a Senior Financial Analyst in a hybrid (50/50) capacity at our Global Headquarters in Hunt Valley, Maryland. The role partners with Sales leadership to develop annual plans, analyze profitability, and optimize trade spend.

The ideal candidate holds a finance or accounting degree with 5+ years of experience, excels in Excel-based modeling, and can present insights to senior management. McCormick offers comprehensive benefits and growth opportunities.

Qualifications

• Bachelor’s degree in Finance, Accounting or related field.
• 5+ years in accounting/financial analysis.
• Strong financial modeling in Excel.
• Experience with trade funds and pricing.
• Ability to present to senior management.
• CPG industry experience.

Responsibilities

• Lead financial planning and profitability analysis for the Sales region.
• Develop monthly/annual volume and trade forecasts.
• Present TPM budgets and strategies to senior management.
• Ensure controls for trade spending and TPM accruals.
• Collaborate with Sales Planning, Revenue Management, and Marketing.
• Provide ROI analysis and customer P&Ls.

Skills

Analytical skills

Cross-functional

Sales finance knowledge

Trade spend optimization

CPG experience

Present to Exec

Independent work

Education

Bachelor’s degree in Finance, Accounting or related field

Tools

Excel

PowerPoint

Word

Job description

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 Sr Financial Analyst, Sales 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

POSITION OVERVIEW

This position is the primary financial partner of a Regional Vice President (RVP) of Sales and the Region’s Sales team. The position helps set, implement and support the strategic plan for the assigned Sales team through the development of the annual strategic and operating plan. It also provides leadership and expertise regarding profitability, utilization of financial measures, spending control and optimization.

RESPONSIBILITIES

• Provide leadership and financial training to all team members regarding customer and product profitability, trade spend optimization and TPM enhancements/rollouts.
• Develop and prepare volume/trade forecast on a monthly/annual basis, assess risks and opportunities and proactively develop plans to minimize exposure and maximize results.
• Lead monthly/quarterly business reviews and communicate trade budgets and strategies to senior management, finance and marketing.
• Develop, document and ensure adequate controls exist for the trade spending process including monitoring of TPM forecast accruals, planned spending and amounts available for planning for all customers in the region.
• In addition to working alongside the RVP, will work closely with Sales Planning, Revenue Management, Customer Business Managers, and Sales Directors on national promotional plans to address competitive pressures and regional opportunities, including measurement and tracking of incremental sales programs and to provide region perspective during the national promotional planning process.
• Interpreting and analyzing customer specific requests from the sales field and partnering to develop financial P&Ls, analytics, scenarios, and ROI metrics to allow for fact-based decision making related to customer requests. Supporting analytics can vary with request but can include, customer P&Ls, customer segmentation, customer ranking, profitability analysis, pricing impacts, and potentially ROM impacts.
• Effectively communicating and presenting customer specific requests to various levels of leadership for approval, including the financial impact and portability analysis of the requests.
• Providing insight and direction in the development of customer contracts, pricing and deal structures.

REQUIRED QUALIFICATIONS

• Bachelor’s degree in Finance, Accounting or related field.
• 5+ years of experience in accounting / financial analysis.
• Must have an in-depth understanding of financial analysis techniques and the ability to work effectively across multiple functions of the organization.
• Strong process orientation and ability to bridge financial analysis to sales processes, providing actionable insights with meaningful recommendations.
• Ability to work independently and use sound judgment.
• Sales finance and/or marketing finance experience including customer plans, customer contracts, trade funds and/or IRI data.
• CPG Experience
• Effective planning and organizational skills, very strong demonstrated analytical and problem- solving skills and strong Excel (financial modeling), Word and Power Point abilities.
• Excellent written and oral communication skills including the ability to present to senior management.

As a general policy, McCormick does not offer employment visa sponsorships upon hire or in the future.

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.

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. 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

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.