Financial Analyst - Procurement Finance

Job Overview

As the Financial Analyst – Procurement you will be responsible for supporting activities such as budgeting, forecasting, month-end close, and various analytical tasks. Work closely with Procurement to provide financial support for internal/external projects and sourcing events.

This role is permanent full-time with a standard 37.5 hour work week.

Key Responsibilities

• Support direct and indirect Procurement team with cost breakdowns from suppliers to ensure accuracy and competitiveness.
• Scenario/strategical analysis of supplier proposals to understand financial implications of bid options.
• Spend analysis and validation of savings opportunities.
• Sourcing event support (preparation and review of results).
• Implementation of hierarchy into all reporting, updating as needed.
• Review of intended savings, days payable outstanding (DPO), versus actual (bridge with ERP).
• Contractual and shelf-life risk for direct packaging/ingredients.
• Responsible for various month end and quarterly activities (journal entries and supporting documentation).
• Purchase price variance (PPV), purchase order (PO) accrual revaluation, and inventory revaluation of raw material and finished goods (RM/FG).
• Accounting entry back-up upload into repository.
• Update Forecast file with latest results, understand future trends.
• Aid with monthly management deck
• Assist in budgeting process by working closely with Procurement and liaising with Sales, Operations, and Supply Chain as needed.
• Throughout the year, maintain a clear vantage point on short-term / long-term goals that will need to be integrated into budget.
• Educate cross-functional departments (as required) on budget and methodologies.
• Special projects, as required.
• Aid in ERP (SAP) implementation.
• Ensure effective company controls are in place, monitored, and adhered to throughout the organization.

Recipe For Success

• Completion of university degree in Accounting, Finance, Business, or a related field.
• Minimum 3-5 years of financial analysis experience.
• Completion of CPA or working towards.
• Job specific knowledge of consumer-packaged goods industry, with proven financial analysis and problem-solving skills.
• Results oriented with strong attention to detail, initiative, and independence (resourceful).
• Proven initiative and willingness to drive change, with a focus on innovation, process improvement, and problem solving.

What We Offer

• As we grow, we are committed to preserve our diversity & culture that is unique, people focused and are core to our success at every size.
• Flexible work arrangements and the opportunity to work remotely.
• Learning and growth; we are working to create an environment where sharing new ideas, experimenting and learning from each other is strongly encouraged.
• Competitive benefits, along with work-life balance!