What are the responsibilities and job description for the Plant Finance Manager position at T. Marzetti Company?
About Us:
Responsibilities:
T. Marzetti Company, a wholly owned subsidiary of Lancaster Colony Corporation (NASDAQ: LANC), is a manufacturer and marketer of specialty food products for the retail and foodservice markets. Our retail brands include Marzetti®, New York Bakery™ and Sister Schubert’s®, in addition to exclusive license agreements for Olive Garden® dressings, Chick-fil-A® sauces and Buffalo Wild Wings® sauces. Our foodservice business supplies many of the top restaurant chains in the United States.
Overview:
The Plant Finance Manager is responsible for providing financial support to the manufacturing facility to enhance profitability through detailed understanding and review of plant costs. The Plant Finance Manager will leverage finance tools and processes to drive clarity of results to influence operational leadership. This role will create or sustain a strong controls environment with focus on accurately representing plant costs, assets and liabilities and leverage this strong understanding of the accounting model to create opportunities for cost improvement.
We kindly request that recruitment agencies and staffing firms refrain from submitting unsolicited resumes to our company. Any resumes sent without a prior agreement and access to proper submittal into the ATS will be considered the property of T. Marzetti, and we reserve the right to contact those candidates without any obligation to pay a fee.
Responsibilities:
- Partner with plant leadership in the management of costs and financial decision making
- Educate and inform plant partners about financial plans and results
- Utilize financial reporting tools to analyze and communicate costs and related variances vs plan(s) and prior year
- Build and iterate financial plans with input and alignment from cross-functional partners
- Create and maintain accurate standard costing including bill of materials as well as labor and production run rates
- Analyze variances to standard to identify and understand accuracy of the standard as well as efficiency opportunities
- Prepare and process month end journal entries in accordance with GAAP requirements
- Accountability of control procedures over accounting and financial activities.
- Drive efforts to identify and execute cost savings opportunities
- Facilitate development of new products by providing cost estimates and offering alternative ideas improved profitability
- Bachelor's degree in Finance, Accounting, or a related field. A master's degree or professional certification (e.g., CMA, CPA) is preferred.
- Minimum 5 years’ finance and/or accounting experience in roles of progressive responsibility, preferably in a manufacturing or plant environment.
- Strong financial analysis and forecasting skills, with a demonstrated ability to interpret complex financial data and provide actionable insights.
- Solid knowledge of cost accounting principles, budgeting, and financial reporting.
- Proficiency in financial software and ERP systems (SAP preferred) and advanced MS Excel skills.
- Excellent leadership and team management abilities, with a track record of effectively leading and developing finance teams.
- Exceptional communication and presentation skills, with the ability to convey financial information to non-financial stakeholders.
- Strong analytical, problem-solving, and decision-making capabilities.
- Attention to detail and a high level of accuracy in financial analysis and reporting.
