What are the responsibilities and job description for the Financial Analyst / Senior Financial Analyst - Foodservice position at Hormel?
FINANCIAL ANALYST / SENIOR FINANCIAL ANALYST - REVENUE MANAGEMENT - FOODSERVICE FINANCIAL PLANNING & ANALYSIS (FP&A)
HORMEL FOODS CORPORATION
To save time applying, Hormel Foods does not offer sponsorship of job applicants for employment-based visas for this position at this time.
ABOUT HORMEL FOODS Inspired People. Inspired Food.
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $12 billion in annual revenue across more than 80 countries worldwide. Its brands include SKIPPY , SPAM , Hormel Natural Choice, Applegate, Justins, Wholly, Hormel Black Label, Columbus and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the Global 2000 Worlds Best Employers list by Forbes magazine for three straight years, is one of Fortune magazines most admired companies, has appeared on Corporate Responsibility Magazines The 100 Best Corporate Citizens list for the 12th year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement Inspired People. Inspired Food. to bring some of the worlds most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com and http : / / csr.hormelfoods.com / .
RESPONSIBILITIES :
As a Financial Analyst in the Foodservice Finance team, you will function as a business partner driving Revenue growth across the Foodservice Segments Trade, Deviations and Profitability strategies. In this critical role you will ensure the financial integrity and profitability of the business through sound fundamentals in financial forecasting, planning, and reporting. The Financial Analyst is responsible for supporting strategic business initiatives as well as developing financial forecasts, variance reports and driver analysis to support their portfolio. This role provides an opportunity to serve as a strategic business partner for cross-functional partners and support key initiatives with high executive visibility.
- Drives efficient topline growth and profit expansion by analyzing and optimizing $300M in annual sales adjustments for trade and deviations.
- Manages annual trade budgets and Balance Sheet liability position with stakeholders to create recommendations for action with leadership.
- Responsible for analysis and reporting of sales performance, overseeing annual sales goals alignment for the Foodservice Division.
- Able to leverage pricing strategies, advise on target margins and formula-based pricing models to drive strategic growth initiatives.
- Identifies need for analysis and proactively uses internal and external data to uncover insights, leverage analytics, and unlock growth opportunities for the organization.
- Builds strong relationships, manages timelines, coordinates and collaborates with cross functional teams including Marketing, Sales, Accounting, Supply Chain, Logistics, and other cross functional partners.
- Maintains the financial models and inputs for their respective business.
- Supports key corporate initiatives including Integrated Business Planning, Total Portfolio Optimization, innovation targets / tracking, and customer segmentation.
- Identifies opportunities and drives change in support of continuous improvement.
- Performs ad-hoc financial analysis and provides insights for leadership as requested.
QUALIFICATIONS :
Level of position offered (Financial Analyst / Senior Financial Analyst) will be determined based on candidate's experience and skill set.
Required
Preferred
Location : Austin, MN
A comprehensive relocation package to the Austin, MN area will be offered, if required.
At Hormel Foods, base pay is one part of our total compensation package and is determined within a range. The base hiring pay range for this role is between $80,800 -$128,400 per year , and your actual base pay within that range will depend upon a variety of factors including, but not limited to, job-related knowledge, skill set, level of experience, and geographic market location.
BENEFITS : Other components of Hormel Foods total compensation package includes comprehensive medical, dental and vision coverage, discretionary annual merit increases, bonuses and profit sharing, 401(k) with employer match, stock purchase plan, relocation assistance, paid vacation, FREE two-year community / technical college tuition for children of employees, and more.
TRAVEL REQUIREMENTS : 10% of the time
For immediate consideration, apply online at : www.hormelfoods.com / careers
At Hormel we invite difference and diversity in all aspects. We offer a space of support, understanding, and community. We are committed to the journey! Learn more about our progress here : https : / / www.hormelfoods.com / about / diversity-and-inclusion /
Hormel Foods Corporation is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, gender orientation, gender identity, national origin, disability, or veteran status.
Salary : $80,800 - $128,400
