What are the responsibilities and job description for the FP & A Analyst position at Baldor Specialty Foods, Inc.?
Brief Description
Overview:
The FP&A, Analyst will be responsible for assisting with financial forecasting, budgeting, and analysis to support strategic decision-making across the organization. This pivotal role requires strong financial / operational acumen, excellent financial modeling skills, and the ability to collaborate effectively with cross-functional teams. The FP&A, Analyst will support the Management team and Department leaders with data-driven analysis in support of Baldor’s strategic and financial objectives.
Responsibilities:
BALDOR HISTORY:
When Louis Balducci rented a pushcart for $5.00 a week in 1918, little did he know that he was laying the foundations for Baldor Specialty Foods. In 1946, Louis opened a fruit stand called Balducci’s Produce in Greenwich Village that flourished into a beloved specialty food shop. Food writer James Beard was a regular customer and noted that Balducci’s always sold “the best of the best, at the right price.”
A family business from the start, the company employed numerous family members including son-in-law, Kevin Murphy. Murphy ran Balducci’s wholesale division, Baldor, so passionately that the Balducci family encouraged him to establish the business as an independent entity in 1991. Over the next decade, Baldor sustained continuous growth while maintaining the standard of excellence that made Balducci’s a success. The company cemented its reputation for sourcing expertise after introducing blanched frisee to the American market. Murphy named it “Circus Frisee” after famed restaurant Le Cirque.
Today, Baldor is the leading importer and distributor of fresh produce and specialty foods in the Northeast and Mid-Atlantic regions. The company is headed by Kevin’s son, T.J. Murphy, C.E.O. Under his leadership, Baldor remains committed to customer service, quality and innovation.
Baldor Specialty Foods has a long legacy of quality, consistency and service. Under the leadership of the former Owner and Chief Executive Officer, Kevin Murphy, President Mike Muzyk joined Baldor in 1996 and today works closely with Kevin’s son, TJ Murphy, who has been the Owner and Chief Executive Office since 2013. Under the leadership and partnership of TJ and Mike, in the last seven years, Baldor has achieved consistent double-digit growth in addition to geographic, category, product and channel expansion.
Overview:
The FP&A, Analyst will be responsible for assisting with financial forecasting, budgeting, and analysis to support strategic decision-making across the organization. This pivotal role requires strong financial / operational acumen, excellent financial modeling skills, and the ability to collaborate effectively with cross-functional teams. The FP&A, Analyst will support the Management team and Department leaders with data-driven analysis in support of Baldor’s strategic and financial objectives.
Responsibilities:
- Play a key role in preparation of financial and strategic plans for individual departments and the wider organization.
- Prepare and consolidate the financial planning, budgeting, and forecasting processes ensuring accuracy and alignment with strategic objectives.
- Develop and deliver financial reports, dashboards, and presentations for the Management team, highlighting critical performance indicators, trends, and areas of opportunity / risk.
- Conduct variance analysis to gauge actual financial performance against budgets and forecasts, while elucidating the principal drivers of variances.
- Partner with the Accounting team during the Close process, which includes reviewing Departmental P&L results and identifying potential expense accruals.
- Serve as FP&A liaison to Departments by working closely in support of initiatives and general financial inquiries.
- Create financial models (Cash Flow, P&L, etc.) analyzing past performance and helping predict future growth.
- Collaborate with operational and functional units to establish and monitor key performance metrics.
- Support business leaders in evaluating and measuring the financial implications of strategic endeavors, investments, and business cases.
- Assist in development / implementation of enhanced FP&A tools (reporting, modeling, etc.)
- Uphold compliance with financial protocols, procedures, and regulatory prerequisites.
- Bachelor's degree in Finance, Accounting, or a related field.
- Accumulation of 3-5 years of progressive experience in financial planning and analysis.
- Strong financial acumen and ability to interpret and analyze complex financial data.
- Demonstrated experience in financial modeling, forecasting, and budgeting.
- Detail-oriented with the ability to multi-task and meet deadlines with minimal supervision.
- Exceptional analytical and problem-solving skills, with the ability to identify trends in financial and operational data.
- Strong business partnering skills, with the ability to collaborate effectively with stakeholders.
- Excellent communication skills with the ability to clearly articulate complex financial concepts to non-finance professionals.
- Proficiency in financial analysis tools, ERP systems (MS D365 preferred), and advanced knowledge of Microsoft Excel and PowerPoint
- Experience in the food distribution or manufacturing industry is preferred but not required.
- Bachelor's degree in Finance, Accounting, or a related field.
- Accumulation of 3-5 years of progressive experience in financial planning and analysis.
- Calendar and scheduling software – Microsoft Outlook, Kronos
- Microsoft Excel: Expert in analytics, data management, pivot tables, formulas
- Electronic mail software - Microsoft Exchange; Microsoft Outlook
- Office suite software – Teams, Microsoft Office, PowerPoint, Word, Google Suite, Microsoft List, Microsoft Planner
- Video conferencing software – Microsoft Teams
- Sedentary work under a hybrid schedule – 4 days a week in office.
- Ability to work extended hours as needed.
- Ability to work weekends and holidays as needed.
BALDOR HISTORY:
When Louis Balducci rented a pushcart for $5.00 a week in 1918, little did he know that he was laying the foundations for Baldor Specialty Foods. In 1946, Louis opened a fruit stand called Balducci’s Produce in Greenwich Village that flourished into a beloved specialty food shop. Food writer James Beard was a regular customer and noted that Balducci’s always sold “the best of the best, at the right price.”
A family business from the start, the company employed numerous family members including son-in-law, Kevin Murphy. Murphy ran Balducci’s wholesale division, Baldor, so passionately that the Balducci family encouraged him to establish the business as an independent entity in 1991. Over the next decade, Baldor sustained continuous growth while maintaining the standard of excellence that made Balducci’s a success. The company cemented its reputation for sourcing expertise after introducing blanched frisee to the American market. Murphy named it “Circus Frisee” after famed restaurant Le Cirque.
Today, Baldor is the leading importer and distributor of fresh produce and specialty foods in the Northeast and Mid-Atlantic regions. The company is headed by Kevin’s son, T.J. Murphy, C.E.O. Under his leadership, Baldor remains committed to customer service, quality and innovation.
Baldor Specialty Foods has a long legacy of quality, consistency and service. Under the leadership of the former Owner and Chief Executive Officer, Kevin Murphy, President Mike Muzyk joined Baldor in 1996 and today works closely with Kevin’s son, TJ Murphy, who has been the Owner and Chief Executive Office since 2013. Under the leadership and partnership of TJ and Mike, in the last seven years, Baldor has achieved consistent double-digit growth in addition to geographic, category, product and channel expansion.
Salary : $5
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