Supply Chain Finance Business PartnerMidrand, SAMAIN RESPONSIBILITIESIndependently, be able to research, link to root cause drivers, explain and suggest corrective action for financial variances between current results, prior year, forecast and budget.
Distinguish and quantify volume and rate impact in analysis, and, independently, communicate analysis to senior local and regional management.Without direction, differentiate material versus immaterial variances, analyse and reconcile balances on the income statement and balance sheet, as applicable, identifying the pertinent focus areas and communicate, effectively and clearly, to local and regional management.
Understand the progression of variances through the balance sheet to the income statement.
Understand the key ratios as applicable ( ITO, DSO, DPO, CTC, EVA and McCormick Profit) and the components that comprise each metric.Maintains an effective control environment and SOX compliance.
Able to identify areas of potential control weakness, suggest and implement solutions to minimize risk.Planning, identifying, gathering and organizing data to create forward looking financial information for multiple segments of the local business, with a detail knowledge of the basis used to create the information including the sources, methods, activities and drivers used and understanding the financial planning processes (budgeting and forecasting activities and strategic plan, as applicable).
Detailed knowledge of how the information fits in with the local business units as well as the business unit's impact on the Company.Providing financial support for the evaluation of an identified opportunity or issue ( CCI initiative, investment return, balancing cost with performance and impact of operational decisions).Acting as Business Partner to Procurement and Commercial teams helping achieve targets on Sourcing x Functional CCI, Cash Release, and Supporting Pricing negotiations with Customers.
Implement and streamline process of Hidden FX management.
Drive, improve and own PPV reporting and analysis throughout Actuals, Forecasts and Budget (TM1/SAP).
Implement and conduct regular PPV SOX Controls using as basis current process being performed in other countries of EMEA Region.
Support Procurement teams in potential claims with suppliers.
CANDIDATE PROFILEBachelor's degree in Accounting, Business, or FinancePrevious supply chain experience.Demonstrate knowledge of ABC (activity based costings)8+ years of experience in accounting and financial analysis is required.
Experience in manufacturing environment is required.
Experience of Finance Business Partnering in previous roles.Personal leadership skills, with proven ability to build, influence and sustain relationships at all levels of the organisation.Working knowledge of a fully integrated financial/ERP system essential (SAP preferred).Strong analytical skillsAble to handle complexity and achieve results.Ability to work to tight deadlines.Excellent written and verbal communication skills.Advanced Excel skills.#LI-DNIAs an Equal Opportunities employer, McCormick is committed to a diverse workforce.