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Sr. Principal - Finance Digital Technology Solutions
Ingredion Westchester, IL
$165k-210k (estimate)
Full Time | Consumer Goods 1 Week Ago
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Ingredion is Hiring a Sr. Principal - Finance Digital Technology Solutions Near Westchester, IL

The Sr. Principal - Finance Digital Technology Solutions will lead the global optimization and enhancement of our Finance and Accounting processes utilizing digital technology solutions. With a deep understanding of both digital technology and Finance/Accounting process knowledge, you will lead the charge in identifying, designing, and implementing digital technology strategies that enable finance efficiency, agility, and competitiveness to achieve Finance and reporting objectives.
The position demands a combination of technical expertise, strategic thinking, and effective communication skills to drive digital initiatives that enhance global finance operations.
Core ResponsibilitiesSystem Analysis and Integration: Analyze existing finance systems, processes, and workflows to identify opportunities for improvement and integration with new and existing technologies. Responsible to work on integrating disparate systems to ensure seamless information flow across finance, shared services and other global function systems. Direct the design and implementation of sophisticated finance systems and reporting (ERP, AP/AR, payroll, timekeeping), ensuring seamless integration with other critical business systems to enhance overall operational efficiency and data integrity.
Technology Solution Evaluation and Value: In collaboration with Global Procurement, research, evaluate, and recommend digital technologies that can enhance finance efficiency, visibility, reporting and resilience. This could include solutions related to Finance, Accounting, Treasury, Product Costing, and Tax. Oversee high-level functional solution development in collaboration with solution delivery and enterprise architecture teams, ensuring solutions are scalable, sustainable, and aligned with industry best practices. Work with Finance managers to prioritize Finance & Shared Services system enhancements and initiatives based on identified value.
Project Management: Lead or participate in digital technology projects, overseeing the full project lifecycle from conception through implementation of system enhancements and small projects, and working with project managers for larger projects and initiatives. This includes setting timelines, coordinating teams, managing budgets, and ensuring project goals are met. Collaborate with stakeholders across departments to prioritize software initiatives and allocate resources effectively.
Portfolio Assessment and Analysis: Conduct comprehensive assessments of existing business software applications to evaluate their performance, relevance, and alignment with the enterprise architecture and business goals. Analyze market trends, emerging technologies, and industry best practices to identify opportunities for enhancing the software portfolio. Develop strategic plans and roadmaps for standardizing the business software portfolio, considering short-term and long-term business objectives. Establish key performance indicators (KPIs) and metrics to measure the performance and impact of business software applications.
Vendor Management, Procurement and, Financial Management: Partner with Finance to define business requirements and provide to Global Procurement to negotiate contracts and licensing agreements with software suppliers, ensuring the correct software modules, entitlements and user quantities along with favorable terms and conditions for the organization. Understand the Finance contracts and pricing and provide timely updates to financial budgets as required.
Stakeholder Collaboration: Collaborate with various internal and external stakeholders, including Digital Technology Solutions professionals, finance managers, Global Procurement, suppliers, and partner providers. This ensures that digital technology solutions align with business objectives, stakeholder requirements, and realizing identified value.
Training and Support: Assist in the development of training materials and conduct sessions for end-users on new systems and technologies. Provide ongoing support and updates to ensure systems remain effective over time. Mentor junior analysts and cross-functional team members, fostering a culture of continuous improvement and innovation.
Risk Management and Compliance: Identify and mitigate risks associated with digital technology implementations, including cybersecurity threats. Ensure that digital solutions comply with relevant laws, regulations, and standards, both domestically and globally.
Innovation and Continuous Improvement: Stay abreast of emerging technologies and industry trends to foster innovation within finance. Promote a culture of continuous improvement by regularly reviewing and optimizing finance processes and digital technology applications.
Qualified Candidates Will Have
  • Demonstrated leadership in the analysis, implementation, and optimization of finance systems and processes.
  • Proven expertise in advanced finance, product costing, and reporting [SAP FICO, COPA]
  • Mastery of SAP S4 Hana Central Finance, Group Reporting
  • A proven track record of leading large-scale finance transformations or implementations/upgrades and incorporating new digital tools like RPA, OCR, and Power Apps.
  • Functional understanding of:
    • Product Costing, Cost Structure Splitting and Material Ledger Processes
    • Fixed Assets: Valuation Area, Depreciation, Amortization, Transferring
    • Chart of Accounts: Local Gaap, USGAAP and IFRS, Journal Entries, Recurring Postings and GL Interfaces
    • Accounts Receivable: Collection and Banks
    • Accounts Payable: Payment and Banks (Supplier Financing)
    • Cash Management: Electronic Bank Statement and Reconciliation Account
    • Taxes – Tax and Withholdings from Vendors and Customers
    • Profitability Analysis Structure (Gross Sales to Net Income)
    • Cost Allocation: Internal Orders for Projects and Plant Maintenance, Cost Center Allocation, Assessment Cycles, Activity Types.
  • Strong experience in accounting, treasury, tax, record to report and shared services technologies and operations such as Vertex, Reval, Trintech, PROS, Esker, UKG Kronos, Concur, ADP, ServiceNow CSM and other system solutions along with integration of external systems.
  • Exceptional strategic, analytical, and project management skills, with the ability to lead complex projects under tight timelines.
  • Outstanding communication, negotiation, and leadership skills, with a history of successful stakeholder management, working in a global matrixed organization, and team mentorship.
  • Results-oriented mindset, with a focus on continuous improvement, agility, and delivering tangible business results.
  • Ability and willingness to travel.
Requirements
  • Bachelor or Master’s degree in Information Technology, Computer Science, Supply Chain Management, or a related field.
  • Over 10 years of proven experience in a Digital Technology Systems role, with extensive experience in finance and technology implementations.
Relocation Available? Yes
We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
Ingredion provides accommodations to job applicants with disabilities throughout the hiring process. If a job applicant requires an accommodation during the application process or through the selection process, we will work with the applicant to meet the job applicant's accommodation needs.We are an equal opportunity employer and value diversity at our company. Ingredion seeks to provide a work environment that is free from harassment and discrimination. We will not tolerate any form of discrimination based on race, color, religion, age, gender, gender identity, gender expression, national origin, ancestry, handicap or disability—mental or physical—marital status, sexual orientation, veteran status, disability resulting from military service, or any other classification protected by law (“protected classifications”). We are committed to establishing and maintaining a work environment where everyone is treated with dignity and respect.
Relocation Available:Yes, Within Country

Job Summary

JOB TYPE

Full Time

INDUSTRY

Consumer Goods

SALARY

$165k-210k (estimate)

POST DATE

06/20/2024

EXPIRATION DATE

07/18/2024

WEBSITE

ingredion.com

HEADQUARTERS

WESTCHESTER, IL

SIZE

7,500 - 15,000

FOUNDED

1906

TYPE

Public

CEO

JAMES P ZALLIE

REVENUE

$5B - $10B

INDUSTRY

Consumer Goods

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About Ingredion

Ingredion manufactures and sells sweeteners, starches, nutrition ingredients, and biomaterials to beverage, paper, and pharmaceutical industries.

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