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Director of Finance Transformation (SAP S4/HANA)

Foster McKay
Edison, NJ Full Time
POSTED ON 11/28/2024 CLOSED ON 12/28/2024

What are the responsibilities and job description for the Director of Finance Transformation (SAP S4/HANA) position at Foster McKay?

The Director of Finance Transformation will have a profound impact on the organization by establishing and delivering measurable improvements in process, cash flows, and operational efficiency. Contributions are expected to include:


  • Establishing robust accounting and reporting for the source and use of vendor funds, establishing tight controls, and simplifying accounting, enhancing transparency and visibility.
  • Lead the implementation of SAP in Finance, including redesign of the general ledger, enhancement of the coding block to support management financial reporting, process design, system testing and support finance change management.
  • Support the implementation of the new Human Capital Management System for Payroll; redesign the general ledger and project management for the payroll implementation, including design, testing, and implementation.
  • Implementing best practices to elevate strategic partnerships in identified areas.
  • Driving innovation in process and technology.
  • Leading cross-functional initiatives that align financial transformation with broader business objectives.



Key Responsibilities


  • Responsible for accounting of the sources and uses of vendor funds across divisions. Oversee the close and reporting and ensure accurate results are delivered on time for reporting in accordance with US GAAP.
  • Establish robust reporting by programs and discuss results with Procurement monthly. Partner with FP&A to ensure financial data and metrics are available to measure performance of promotional programs.
  • Partner and work cross functionally with other business groups (Procurement, Accounts Payable, FP&A, Human Resources, Labor Relations, Legal, Payroll company Tech) for operational excellence.
  • Lead and manage quarterly reviews and year-end financial audits by external auditors.
  • Deductions management: lead projects that improve cash flows and efficiency by redesigning key processes for customer discounts and other areas and implementing technology solutions, including tracking and reporting.
  • Accountable for design and implementation of SAP S/4 HANA capabilities supporting Finance functions in General ledger, Accounts Receivables and Accounts Payables.
  • Actively engage with business, SAP COE leader, cross-functional teams, external consultants to provide best fit technical solutions while aligning to corporate solution.
  • Design the technological landscape for Financial Reporting supporting the SAP design and implementation.
  • Support the design and implementation of the new Payroll system and be a part of the core Human Capital Management Team.
  • Ownership of project management duties to ensure successful delivery of finance transformation projects. Foster collaboration with cross-functional teams to integrate financial transformation with other business areas.
  • Subject matter experts and business process experts on company processes
  • Serve as the voice of the Member and company associates



Requirements


  • 10 years of combined experience in CPG / Retail industry, with at least 5 years of work experience directly related to trade funds.
  • Proven track record of driving accounting and finance process innovation and improvement.
  • Expertise in business process optimization, with a history of achieving significant operational improvements.
  • Exceptional project management skills: ability to lead and shape complex projects from inception to completion.
  • Excellent collaboration skills; persuasive; experience working with cross-functional teams to achieve business objectives.
  • Effective communication and relationship management abilities.
  • Prior experience working in or driving innovation in accounting and reporting, accounts receivable, deductions management and accounts payable.
  • Prior experience with SAP and systems implementations.



Education


  • Bachelor’s degree in business administration, Accounting, Finance and / or Project Management with CPA preferred
  • MBA or relevant advanced degree preferred.

Salary : $200,000 - $225,000

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