Americas

Financial Planning & Analysis (FP&A) Manager – Consolidation & Product

Job Location: Americas

Job Category: Finance

Job Schedule: Full Time

Apply in the US

The Financial Planning &Analysis  Manager – Consolidation & Product is the most central role in the Financial Planning & Analysis (FP&A) group at Michelman, reporting to the FP&A Director and supporting senior and executive leadership across our corporate teams. You will be responsible for consolidating regional results and supporting the development and implementation of the business group financial strategies. The ideal candidate excels at performing advanced financial planning and analysis, and supporting commercial operations decisions through business insights and trend analysis.

On the consolidation side, this position will oversee the global consolidation of financial data and communicate this information regularly with senior and executive leadership. There will be significant opportunities for exposure and to gain global experience as this role will liaise directly with financial and business leaders in our Americas, EMEA and Asia locations to forecast and report on results on a periodic basis.

On the product side, this position will be uniquely situated to work directly with senior leaders in our marketing and technology organizations (business groups). You will provide financial support and guidance on business cases for new products, capital investments, NPVs, global pricing strategies and general commercial strategy across each of our business groups.

While Michelman’s global headquarters are located in Cincinnati, OH and this position will focus on a global portion of our business, this position could be hired as a remote role with some travel to the Cincinnati headquarters and global locations, depending on the candidate.

Primary Responsibilities

Business Group Financial Support

• Provides financial analysis for the business groups aimed at achieving the company’s financial and operational objectives
• Develops deep industry expertise to support the business groups
• Supports commercial leadership to develop and execute the group commercial business plan and works collaboratively with sales, marketing, technology and operations leadership to create and align on an overall group business plan
• Supports commercial leadership in portfolio analysis, rationalization and optimization activities within the business groups to improve the performance of portfolio projects, optimize allocation of resources and measure performance against stated objectives
• Analyzes global and local trends in supply and demand and collaborates with regional marketing to make recommendations on pricing to promote profitable growth within the group
• Analyzes financial results/trends against the group business plan or other benchmarks and asks the tough questions to drive accountability
• Performs and/or supports the performance of due diligence on prospective customers and suppliers
• Monitors and reports on the financial performance of customers, suppliers, competitors and target companies in the business groups to identify business trends, risks and opportunities within the industry
• Executes the financial review for global commercial contracts and works collaboratively with regional financial leadership to assess financial impacts
• Leads various ad hoc analytical and reporting projects, as proactively identified through collaboration and gap analysis, focused on recommending actions to improve the performance of the organization
• Assists requestors within the business groups on capital expenditure request business cases and vets all requests prior to submission to approval committees

Group Financial Planning & Analysis

• Analyzes group business results to identify trends and/or financially significant or unusual variances that require follow-up and corrective actions
• Aligns financial reporting globally for the business groups consistent with management expectations and strategy and works collaboratively with upstream departments to ensure data availability
• Supports commercial leadership to develop and execute on plans to close profitability gaps through operational audibles
• Works collaboratively with technology and marketing leadership to identify performance gaps and assists in the creation of plans to improve
• Uses financial forecasting and modeling techniques to project group financial performance as an input into the regional short-term forecast
• Works to continually improve S&OP demand forecasting accuracy by partnering with commercial team and using regression analysis and other statistical modeling techniques to more accurately predict future customer demand
• Provides prospective / forward-looking financial planning and analysis to group and financial leadership

• Leads global classification of industries and segments to promote actionable reporting at the lowest levels of the business

• Reports financial results monthly to group leadership

Commercial Operations Support

• Supports the commercial organization in preparing and analyzing customer sales patterns, product pricing, rebate and discount arrangements
• Facilitates the flow of financial and non-financial information between functional groups to improve communication and follow-through
• Uses robust understanding of product costing to get in front of cost increases and works collaboratively with regional marketing and group commercial leadership to proactively close profitability gaps
• Works directly with commercial team members to analyze previous sales patterns and improve the forecasting accuracy of traditionally tough-to-forecast customers
• Provides financial support to other functional groups as needed

Consolidated Financial Planning & Analysis

• Consolidates regional financial results and forecasts into a single global view
• Leads the global short-term forecasting process
• Prepares monthly Budget vs. Actual vs. PY variance analyses and quantifies risks and opportunities to current plans/forecasts
• Prepares the monthly financial reporting packages for management and business group leadership
• Liaises directly with regional financial and business leadership to create thoughtful and actionable commentary on consolidated global financial results
• Prepares Board of Directors & Advisors presentations on a quarterly basis
• Supports Leadership Team with reforecasting the operating plan as business conditions require it necessary and communicates effectively to all levels of the organization as required

Critical Competencies, Knowledge, Skills, and Abilities

• Must understand product profitability and the implications of cost and price on margin
• High understanding of complex commercial operations and strong familiarity with manufacturing operations using standard costing and variances
• Strong interpersonal and influencing skills including the ability to competently interact with associates from other departments, regions and cultures at all levels within and external to the company; Excellent business communication skills, both written and oral are a must
• Proven ability to build partnerships with other associates both inside and outside the Finance function
• Demonstrated ability to self-start and seek out new opportunities to drive financial improvements
• Excellent problem solving and analytical skills
• Demonstrated experience in the application of analytical methods of addressing business issues, with an emphasis on decision support analysis
• Proficient to expert knowledge of Excel spreadsheets and graphs
• Proficient to expert knowledge of PowerPoint and preparing presentations
• Experience with JD Edwards, Cognos, PowerBI, TM1 (or similar) desired but not a requirement
• Experience working with databases and retrieving/analyzing information from disparate financial information systems
• Demonstrated time-management and multi-tasking skills coupled with a keen ability to prioritize assignments

Education and Experience

• 5+ years of progressive financial responsibility, strongly preferred in a manufacturing organization
• Bachelor’s degree in Finance, Accounting or Operations / Commercial Management
• MBA desired but not required with appropriate experience
• Professional certifications preferred

Note: The statements above are intended to describe the general nature and level of work being performed by people assigned to the job. They are not construed to be an exhaustive list of responsibilities, duties and skills required of personnel. Furthermore, they do not establish a contract for employment and are subject to change at the discretion of the employer.

About Michelman

Michelman is proud of the values-focused work environment that we have crafted. We pride ourselves in our focus on our values of integrity, respect, and success. With our dedication to your technical and professional growth in addition to our rigorous onboarding experience, we guarantee that you will find yourself challenged in new ways. We offer an excellent salary, incentive and benefits package in a dynamic, empowered team environment.

No phone calls please. Michelman does not hire individuals who use tobacco products. All candidates will receive a drug test prior to beginning employment which will include a test for tobacco products.

For more information about Michelman, please visit https://www.michelman.com/.

It is Michelman, Inc. policy to seek and employ qualified persons in all jobs in a manner which will ensure equal employment opportunity as well as administer personnel actions in a manner as to not discriminate against any person on the basis of race, religion, national origin, age, sexual orientation or disability. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Michelman is an Equal Opportunity Employer Minorities/Females/Disabled/Veterans

Apply in the US