What are the responsibilities and job description for the Financial Analyst position at Lamb Weston?
Title: Financial Analyst
Location: American Falls, ID
About Lamb Weston
We love making fries almost as much as you like eating them! Since the 1950’s, Lamb Weston has inspired customers with food they love, trust, and share with families and friends. As a leading global manufacturer of quality frozen potato products with over 10,000 team members around the world, it’s our business to see the possibilities in potatoes and people.
We are looking for team members with an appetite for a challenge! People who are hungry to join a winning team and help us make a difference in the world. When you join Lamb Weston, you join a community with a strong support network and training programs designed to nurture, inspire, and help you grow.
We are driven by a relentless pursuit of results and by people who think creatively and embrace our values of: Integrity, Teamwork, Inclusion, Drive for Results, and Empowerment. Exactly what you’d expect from the most inventive potato company in the world!
Join Lamb Weston! We bring the world together with our fries.
Job Description Summary
Performs and interprets financial analyses for the plant team. Present analysis and recommendations to management. Areas of responsibility may include: Finance, Cost Accounting, General Accounting, Internal Audit, and/or Risk Mgmt.
Job Description
Coupled with our compensation and bonus incentive programs, our benefits deliver rewards that are market competitive. Some of the most attractive elements of our benefit programs include:
Job Requisition ID: Req-256976
Time Type: Full time
Anticipated Close Date: 05/06/2025
In compliance with applicable state and local laws, Lamb Weston has opted to include a reasonable estimate of the compensation for this role. This compensation is specific to this position and takes into account a number of variables. Actual compensation may be higher or lower in the range posted based on various factors, including, but not limited to, job duties, experience and expertise. A candidate’s work location could also impact the actual compensation being outside of the range to reflect local cost of labor. A reasonable annual estimate of the range for this role based on the variables previously mentioned is: $67,480.00 - $101,200.00
Lamb Weston is an Equal Opportunity Employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status or any other protected factor under federal, state or local law
Location: American Falls, ID
About Lamb Weston
We love making fries almost as much as you like eating them! Since the 1950’s, Lamb Weston has inspired customers with food they love, trust, and share with families and friends. As a leading global manufacturer of quality frozen potato products with over 10,000 team members around the world, it’s our business to see the possibilities in potatoes and people.
We are looking for team members with an appetite for a challenge! People who are hungry to join a winning team and help us make a difference in the world. When you join Lamb Weston, you join a community with a strong support network and training programs designed to nurture, inspire, and help you grow.
We are driven by a relentless pursuit of results and by people who think creatively and embrace our values of: Integrity, Teamwork, Inclusion, Drive for Results, and Empowerment. Exactly what you’d expect from the most inventive potato company in the world!
Join Lamb Weston! We bring the world together with our fries.
Job Description Summary
Performs and interprets financial analyses for the plant team. Present analysis and recommendations to management. Areas of responsibility may include: Finance, Cost Accounting, General Accounting, Internal Audit, and/or Risk Mgmt.
Job Description
- Finance support for plant and monthly forecasting activities.
- Develop/implement necessary processes to support internal forecasting/reporting requirements.
- Support fiscal year planning including recommendations and strategies.
- Provide effective counsel and analysis to assist Company in meeting the established financial and profit objectives.
- Responsible for moderate to complex cost analysis and audits associated with the cost accounting function.
- Finance support for cost savings analysis, allocation, tracking and reporting.
- Analyze product costs and COGS variances.
- Plays a key role in the month-end close process to include journal entries and account reconciliations.
- Finance support for excess and obsolete inventory reserve.
- Participate in the preparation and compilation of the annual financial plan.
- Provide financial support for capital investment analysis and fixed asset accounting.
- Provide ad hoc financial analysis as requested.
- Active involvement and participation in plant CPS activities.
- B.S. degree, prefer majors in Finance and/or Accounting.
- 1-3 years general business and financial experience
- Experience with financial modeling.
- Ability to deal with ambiguity, change and a dynamic business environment.
- Proficient with Microsoft Office programs (Word, PowerPoint, Outlook, Access)
- Intermediate to Advanced Microsoft Excel skills (pivot tables, vlookups and other data manipulation formulas).
- GAAP: fundamental knowledge of, understanding of internal and external research methods for, and driving compliance of
- Internal Controls: experience working with and maintaining existing controls
- Systems and Tools: experience working with and making recommendations for efficiencies with systems and tools, such as SAP (R/3, FICO, BI)
- Continuous Improvement: experience identifying areas for continuous improvement and/or cost reductions and making recommendations for enhancement
- Reporting: proven ability to consolidate complex information into usable customer oriented formats
- Business Partnering: experience working closely with internal customers, peers and effectively managing those relationships
- Critical Thinking: experience providing insightful analysis to business partners in response to business need or opportunity
Coupled with our compensation and bonus incentive programs, our benefits deliver rewards that are market competitive. Some of the most attractive elements of our benefit programs include:
- Health Insurance Benefits - Medical, Dental, Vision
- Flexible Spending Accounts for Health and Dependent Care, and Health Reimbursement Accounts
- Well-being programs including companywide events and a wellness incentive program
- Paid Time Off
- Financial Wellness – Industry leading 401(k) plan with generous company contributions, Financial Planning Services, Employee Stock purchase program, and Health Savings Accounts, Life and Accident insurance
- Family-Friendly Employee events
- Employee Assistance Program services – mental health and other concierge type services
Job Requisition ID: Req-256976
Time Type: Full time
Anticipated Close Date: 05/06/2025
In compliance with applicable state and local laws, Lamb Weston has opted to include a reasonable estimate of the compensation for this role. This compensation is specific to this position and takes into account a number of variables. Actual compensation may be higher or lower in the range posted based on various factors, including, but not limited to, job duties, experience and expertise. A candidate’s work location could also impact the actual compensation being outside of the range to reflect local cost of labor. A reasonable annual estimate of the range for this role based on the variables previously mentioned is: $67,480.00 - $101,200.00
Lamb Weston is an Equal Opportunity Employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status or any other protected factor under federal, state or local law
Salary : $67,480 - $101,200
