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Senior Director, Global FP&A and Analytics COE

HUNT VALLEY, MD, US, 21031

McCormick & Company, Inc., a global leader in the spice, flavor, and seasonings industry, is seeking a full-time Senior Director, Global FP&A and Analytics COE. The Senior Director, Global FP&A and Analytics COE will report to a VP, Global FP&A and Treasury. This new hire will work at McCormick's global headquarters, located in Hunt Valley, MD and will be eligible to participate in our hybrid work program called MyFlex. Under the MyFlex program, it is expected that the employee will spend 50% of their time per month onsite, while the other 50% can be worked remotely. 

 

McCormick & Company, Incorporated is a global leader in flavor with approximately 13,000 employees worldwide. As a Fortune 500 company with over $5 billion in annual sales across 160 countries and territories, we manufacture, market, and distribute spices, seasoning mixes, condiments, and other flavorful products to the entire food industry including e-commerce, retail, food manufacturers and foodservice businesses. Our most popular brands include McCormick, French's, Frank's RedHot, Stubb's, OLD BAY, Lawry's, Zatarain's, Ducros, Vahiné, Cholula, Schwartz, Kamis, DaQiao, Club House, Aeroplane, and Gourmet Garden. Every day, no matter where or what you eat or drink, you can enjoy food flavored by McCormick. Our Purpose is "To Stand Together for the Future of Flavor and our Vision is "A World United by Flavor—where healthy, sustainable and delicious go hand in hand."

 

As a company recognized for its exceptional commitment to employees, McCormick offers a wide variety of benefits, programs, and services. Benefits include, but are not limited to, tuition assistance, medical, dental, vision, disability, group life insurance, 401(k), profit sharing, paid holidays, and vacations.

Position Overview

The Senior Director, Global FP&A and Analytics CoE is responsible for leading, developing and building a specialist capability which can produce insight, analysis, and reporting.  Acts as a critical partner and provides active support to the Corporate and Regional FP&A leads, Leadership, and the Business.  In addition, this role will provide the vision and drive the execution for the transformation of the Global FP&A and Analytics CoE.  This position is responsible for driving FP&A and Analytics excellence through best practice adoption, knowledge sharing and process transformation to develop a global standard and ensuring a high-quality service is provided to internal customers. This includes fully leveraging and exploiting technology and analytical / visualization tools to drive insight and efficiency.  The Director will be required to build and manage strong relationships across Corporate / Regional FP&A and Commercial finance teams and provide strong technical stewardship and direction to the COE team, determining priorities and goals. The CoE Lead will be the owner of standardization and harmonization by documentation of all processes and procedures across the FP&A and Analytics CoE.  Actively identifies ways to eliminate non-value work and looks for ways to innovate new ways to drive insight for the business.

 

Responsibilities

  • Oversees the accurate consolidation of long-term plans, budgets, and forecasts through ownership of timelines and calendars. Leads, manages, and supports the preparation of standard templates, formats, and analysis. Leads, manages, and supports the production of value-added insights into the operating results of the business and make suggestions on how to overcome gaps and make improvements.  Manages the O&R process.  All planning includes P&L, Balance Sheet, and Cash Flow statements as well as key assumptions and inputs.
  • Leads, manages, and supports the preparation of actionable management reporting and analysis providing meaningful and fact-based insights to support Corporate and Regional FP&A, Leadership, and the business. Oversees the financial analysis on actual results as part of the financial close process.  Provides meaningful variance analysis comparing financial results with all relevant comparison points. Provides business narrative to bring the figures to life and drive action.  Provides support either directly or indirectly through the Corporate FP&A lead to other key areas, including IT, GE, R&D, Investor Relations, and the Strategy team.
  • Drives FP&A and Analytics excellence through best practice adoption, knowledge sharing and process transformation to develop a global standard and ensuring a high-quality service is provided to internal customers. This includes fully leveraging and exploiting technology and analytical / visualization tools to drive insight and efficiency.  Leads global initiatives to advance and improve Planning and Analysis processes through process redesign, technology improvements, and/or training of finance staff.  Oversees and maintains financial system (TM1).
  • Responsible for coordination and consolidation of the Corporation’s Capital Expenditure Process. Works closely with Executives and finance Leads who are responsible for managing capital expenditure projects to forecast cash needs, anticipated expenditures, and requirements over the strategic planning horizon. Creates reports and presents to the Management Committee a summary of forecasted Capital Expenditures by area and versus targets. Additionally, responsible for post expenditure reviews of capital projects to determine whether the financial objectives of the projects were realized.
  • Works closely with Corporate HR and Corporate CFO to create financial models to calculate and measure Global incentive bonus programs. This includes collaborating with the Corporate and Commercial Finance leads to identify and clarify agreed adjustments to the bonus targets and performing sensitivity analysis to model changes in assumptions. The Director also documents the process and interfaces with Internal and External Auditors to ensure that the process and results are substantiated during the annual audit and quarterly procedures.
  • Provides actual reporting and analysis, forecasting, budgeting and LTP for all SG&A, excluding Distribution.  Includes developing and distributing standard reports and analysis, providing trending and insights.  Suggesting areas to reduce spending, including fact based analysis.
  • Leads, manages, and supports the talent and capability within the Centre of excellence group to include accountability for the team’s talent management processes and employee development.

 

Qualifications

  • Bachelor’s Degree in Finance or Accounting or other quantitative degree, MBA preferred
  • 10 years + of broad professional financial/accounting experience required
  • CPA preferred
  • Experience in budgeting, forecasting and financial analysis. 
  • Thorough knowledge of financial statements 
  • In-depth knowledge of the FP&A process.
  • At least 4 years’ experience managing people
  • Experience and ability to interact with and present to the highest levels of the organization.  
  • Adaptability - Work well under constant pressure and critical deadlines. 
  • Microsoft Office with strong Excel and Power Point skills.
  • Proven experience to be able to articulate difficult ideas and concepts through concise verbal and/or written communication
  • Excellent theoretical and practical knowledge of financial and analytical techniques
  • Proven ability to be a strategic and critical thinker, with a deep understanding of business principles and practices
  • Proven ability to effectively interface with various levels of management and influence decision making
  • Must be able to establish personal credibility with Senior stakeholders to ensure they impact on decision making
  • Proven experience in being able to influence solutions at senior finance leadership level and be able to say no and enforce governance models
     

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.

 

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

 

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WHY WORK AT MCCORMICK?

United by flavor. Driven by results.

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.


Nearest Major Market: Baltimore