What are the responsibilities and job description for the Controller / FP&A Director position at Denali Ingredients?
Description
Summary
The Controller and FP&A (Financial Planning and Analysis) Director will play a key role in the growth and financial health of Denali by ensuring all fiscal operations / reporting for the company are timely, in accordance with GAAP and other standards, and providing robust insights about underlying business performance. The role will play a key role in designing and implementing systems, processes, and procedures that ensure information is well communicated to executive leaders, department heads, and others to monitor performance, adhere to budgets, explain variances, and take action on improving results. The role will target optimal efficiency of the accounting/finance function, while ensuring all proper controls are in place to ensure financial integrity and mitigate risks. The role will aim to be a strong business and operational partner supporting teams internally at Denali, but also working collaboratively with owners, Board members, and other key stakeholders. With the VP Finance, the Controller & FPA Director will play a key role in financial planning, analysis, and reporting to support business growth while providing leadership to a team of finance and accounting professionals.
Essential Duties And Responsibilities
Essential Competencies
To perform this job successfully, an individual must be able to perform the essential job function satisfactorily. Additionally, they must fulfill essential job function in a consistent state of alertness and safe manner. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Business Acumen—the individual understands the drivers of growth, profitability, and cash flow; an organization's financial statements; key performance measures; and the implications of decisions on value creation for improving financial performance.
Leadership—the individual uses their influence and authority for the benefit of their employees and the organization, inspiring and motivating others to perform well and seeks feedback from others.
Quality management and Judgment—the individual displays willingness to make decisions, exhibits sound and accurate judgment and makes timely decisions.
Strategic Thinking and Analytical Problem solving—the individual synthesizes complex or diverse information. Identifies and resolves problems in a timely manner and gathers and analyzes information skillfully.
Delegation, Planning, and Organization—the individual prioritizes and plans work activities, uses time efficiently and develops realistic action plans.
Education, Experience, And Licensing Requirements
No supervisory responsibilities.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to stand, walk, and talk or hear. The employee is occasionally required to sit and use hands to finger, handle, or touch objects, tools, or controls. The employee must occasionally lift and/or move up to 30 pounds, carrying boxes, materials, and product. Specific vision abilities required by this job include close vision, distance vision, color vision, and the ability to adjust focus.
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Denali Ingredients is an equal opportunity employer that continues to build a culture of inclusion, belonging and equity through our commitment to attracting and retaining diverse talent from all backgrounds, without regard to race, color, religion, sex, sexual orientation, national origin, gender identity, age, disability, veteran status, or any other characteristic protected by law. We do not discriminate against any employee or applicant and believe in fairness and providing a level playing field for all. We foster a culture that thrives on diverse perspectives and contributions to ignite the creativity and innovation to fuel our business and enhance the employee and customer experience.
Denali Ingredients is in New Berlin, Wisconsin. We are customer-centric, fun and engaging. Beyond making ice cream treats tastier, Denali provides a fast-paced stimulating international environment, which will stretch your abilities and channel your talents. We also offer competitive compensation, industry-leading benefits, training, mentoring and growth opportunities. Join a team that makes the world a sweeter place!
The above statements reflect the general details necessary to describe the principal functions of the occupation described and shall not be construed as a detailed description of all the work requirements that may be inherent in the occupation.
Summary
The Controller and FP&A (Financial Planning and Analysis) Director will play a key role in the growth and financial health of Denali by ensuring all fiscal operations / reporting for the company are timely, in accordance with GAAP and other standards, and providing robust insights about underlying business performance. The role will play a key role in designing and implementing systems, processes, and procedures that ensure information is well communicated to executive leaders, department heads, and others to monitor performance, adhere to budgets, explain variances, and take action on improving results. The role will target optimal efficiency of the accounting/finance function, while ensuring all proper controls are in place to ensure financial integrity and mitigate risks. The role will aim to be a strong business and operational partner supporting teams internally at Denali, but also working collaboratively with owners, Board members, and other key stakeholders. With the VP Finance, the Controller & FPA Director will play a key role in financial planning, analysis, and reporting to support business growth while providing leadership to a team of finance and accounting professionals.
Essential Duties And Responsibilities
- Financial Closing, Reporting, and Compliance
- Lead month-end and year-end closing processes. Oversee the preparation of financial statements.
- Ensure accuracy and compliance of financial reporting with GAAP and other regulatory requirements.
- Develop/implement controls and procedures to protect assets, mitigate risks, and enhance efficiency / performance.
- Provide status of financial condition by collecting, interpreting, and reporting financial data.
- Maximize return on financial assets by establishing financial policies, procedures, controls, and reporting systems.
- Stay updated on industry trends and changes in financial regulations. Comply with all federal, state, and local legal requirements by studying current legislation, anticipating future legislation, enforcing adherence to requirements, filing reports, and advising on needed actions.
- Annual Budgeting and Routine Forecasting
- Lead the development of annual budgets by establishing schedules; collecting, analyzing, and consolidating financial data; recommending plans.
- Lead/drive a routine forecasting process to enable effective planning and decision-making, anticipate future needs, and support consistent growth
- Aid in creation of a ‘forward-looking’ posture in the organization, anticipating business needs before they fully develop.
- Business Management/Operations Support & Analytics
- Guide financial, commercial, and operational decisions by conducting thoughtful analysis and providing insights to commercial and operational management for decision-making.
- Help drive business performance by establishing, monitoring, and enforcing internal controls, policies and procedures.
- Support achievement of business plans/budget objectives by reporting revenues/margins/expenses; analyzing variances; initiating corrective actions.
- Support Operations/Manufacturing by improving metrics that directly impact the key manufacturing value drivers.
- Instrumental in improving current costing principles (from batch to time based) and true cost/Net Revenue Management analytics.
- Prepare special / ad hoc reports by collecting, analyzing, and summarizing information and trends.
- Relentlessly pursue the facts and true drivers behind performance to enable the highest levels of performance and most effective decision making
- Audit Readiness and Support
- Monitor and confirm financial condition by conducting internal audits, as needed, and by providing information to external auditors.
- Collaborate with external auditors during audits and ensure timely resolution of all audit findings.
- Team Leadership
- Supervise and mentor finance and accounting team members, fostering a collaborative and growth-oriented environment.
- Positively influence the culture of Denali, promote servant leadership mentality, and strong ownership mindset amongst the team
- Manage accounting operations, including accounts payable, accounts receivable, payroll, cash management, and general ledger.
- Drive a continuous improvement mindset and lead change, when needed, to optimize departmental efficiency and improve team and overall business performance
- Promote performance excellence amongst the team and broader organization. Set high expectations, demonstrate strong performance, and promote quality, accuracy and thoroughness.
- Delegate work assignments and give authority to work independently, while monitoring delegated activities.
- Presentation and Communication
- Prepare effective presentations for management, board, and other stakeholder meetings
- Speak clearly and persuasively in positive or negative situations.
- Demonstrate group presentation skills and conduct productive meetings.
- Other duties as required
Essential Competencies
To perform this job successfully, an individual must be able to perform the essential job function satisfactorily. Additionally, they must fulfill essential job function in a consistent state of alertness and safe manner. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Business Acumen—the individual understands the drivers of growth, profitability, and cash flow; an organization's financial statements; key performance measures; and the implications of decisions on value creation for improving financial performance.
Leadership—the individual uses their influence and authority for the benefit of their employees and the organization, inspiring and motivating others to perform well and seeks feedback from others.
Quality management and Judgment—the individual displays willingness to make decisions, exhibits sound and accurate judgment and makes timely decisions.
Strategic Thinking and Analytical Problem solving—the individual synthesizes complex or diverse information. Identifies and resolves problems in a timely manner and gathers and analyzes information skillfully.
Delegation, Planning, and Organization—the individual prioritizes and plans work activities, uses time efficiently and develops realistic action plans.
Education, Experience, And Licensing Requirements
- Bachelor’s degree in accounting or finance, MBA desirable
- Minimum 10 years’ experience in accounting/finance, with at least 5 years in manufacturing, preferably food ingredients
- Operational and managerial reporting experience, in addition to corporate level reporting
- Experience in financial planning and analysis, including use of PowerBI (building reports/institutionalizing use)
- Experience working with multiple legal entities under different legal umbrellas
- Experience with financial reporting requirements in public and private company settings. Private equity experience beneficial.
- Managing processes
- Financial software
- Developing standards
- Auditing, accounting, and corporate finance
- Tracking expenses and variances to budgets, historical performance
- Financial skills
- Analyzing information
- Developing budgets
- Performance management
- Ability to work with Denali manufacturing, customers, and food consumers,
- Ability to communicate effectively with customers, vendors and other employees of the organization without assistance.
- Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.
- Ability to interpret a variety of specifications and information furnished in written, oral, diagram, or schedule form.
- Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals.
- Ability to compute rate, ratio, and percent.
No supervisory responsibilities.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to stand, walk, and talk or hear. The employee is occasionally required to sit and use hands to finger, handle, or touch objects, tools, or controls. The employee must occasionally lift and/or move up to 30 pounds, carrying boxes, materials, and product. Specific vision abilities required by this job include close vision, distance vision, color vision, and the ability to adjust focus.
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Denali Ingredients is an equal opportunity employer that continues to build a culture of inclusion, belonging and equity through our commitment to attracting and retaining diverse talent from all backgrounds, without regard to race, color, religion, sex, sexual orientation, national origin, gender identity, age, disability, veteran status, or any other characteristic protected by law. We do not discriminate against any employee or applicant and believe in fairness and providing a level playing field for all. We foster a culture that thrives on diverse perspectives and contributions to ignite the creativity and innovation to fuel our business and enhance the employee and customer experience.
Denali Ingredients is in New Berlin, Wisconsin. We are customer-centric, fun and engaging. Beyond making ice cream treats tastier, Denali provides a fast-paced stimulating international environment, which will stretch your abilities and channel your talents. We also offer competitive compensation, industry-leading benefits, training, mentoring and growth opportunities. Join a team that makes the world a sweeter place!
The above statements reflect the general details necessary to describe the principal functions of the occupation described and shall not be construed as a detailed description of all the work requirements that may be inherent in the occupation.
