TITLE: Manager, US/Canada Agriculture and Commodity Finance

LOCATION: Westchester, Illinois

REPORTS TO:  Director, Raw Materials and Financial Risk Management

DIRECT REPORTS: 1

Ingredion Incorporated is in search of a Manager, US/Canada Agriculture and Commodity Finance responsible for leading financial support and developing expertise in the Agriculture and Commodity areas of the US/Canada (US/CAN) business; establishing key performance measures and processes for monthly and quarterly reporting; driving continuous improvement in planning/forecasting; gaining full understanding of the total business unit income statement, balance sheet, and cash flows and the impacts of agriculture and commodity flows through the business; and providing overall finance support to the US/CANs business leadership team.  In addition, this position will lead all Middle Office activities related to Ingredion’s financial risk management performance.  Supporting risk management strategies for US/CAN and analyzing value at risk through new technologies will be a key opportunity for growth in this role.

As the Manager, US/CAN Agriculture and Commodity Finance, your responsibilities will include:

• Deliver topline and cost inputs for forecasts aligned to current marketplace indices and the terms of existing contracts; provide guidance / counsel on impacts of market volatility and current commodity status as part of the financial planning/forecasting process
• Drive improvements in forecast accuracy and finance-related net corn management processes; collaborate with the US/CAN Agriculture and Commodity team to develop more rigorous financial planning/forecasting acumen on raw material inputs and co-products pricing
• Establish linkage to fee customer pricing impacts of net corn changes; provide ownership and execution of net corn hedge accounting and impacts to financial forecasting
• Develop harmonized approach to corn hedge decision-making and performance reporting
• Collaborate with US/CAN Agriculture and Commodity team, the US/CAN Commodity Committee, as well as commercial and operations finance team members to align on strategic decisions with regards to commodity purchases, markets/environment, impact on regional cost structure and related customer pricing decisions
• Support North America risk management strategies; develop and implement new tools to track and report hedging impacts, position reporting, and Key Performance Indicators
• Prepare and deliver financial reporting packages to various members of the leadership teams as well as the various leaders within the Corporate functions.
• Directly supervise one Financial Analyst

The Manager, US/CAN Agriculture and Commodity Finance position is well-suited for you if you:

• Contribute to an environment that enables the wellbeing of our people and customers
• Embrace diversity and proactively foster an inclusive work environment where each person is valued and feels inspired to contribute their best
• Ability to adapt to changing circumstances and resolve problems in a fast-paced environment, successfully coordinate and handle multiple tasks/activities simultaneously
• Identify and implement process improvements
• Ability to think critically, analyze problems, and advocate for fact-based solutions
• Takes personal responsibility to anticipate challenges, proactively search for opportunities, and make decisions that are in the best interest of the company
• Bring financial planning acumen to complex Agriculture and Commodity markets, oversight for company’s largest raw material input cost
• Proactively engage the right resources from across the organization to understand financial results
• Build sustainable internal and external relationships that deliver value for the business

Qualified candidates will have:

• Bachelor’s degree in Finance or Accounting required
• 8-12 years of relevant accounting and finance experience
• Strong attention to detail and understanding of financial flows and processes
• Ability to influence across functions, all levels, and excellent communication skills
• Experienced at developing trend analysis, cost impact plans based upon market movement and scenario development
• Proficient at building Excel models which can easily adapt to volatile commodity markets
• Demonstrated success working with internal customers to build rapport and effective relationships; prefer demonstrated ability influencing senior non-Finance managers and executives
• Demonstrated ability to analyze financial results and apply variance analysis effectively to explain impacts of commodity movement, hedging implications and overall connection to cost of goods sold and pricing decisions across multiple business units
• Strong written, verbal communication and presentation skills.
• Experience working within SAP planning systems strongly preferred
• Experience in commodity markets and utilization of hedging instruments are considered a plus

#LI-BS1

We are an equal opportunity employer and value diversity at our company. Ingredion seeks to provide a work environment that is free from harassment and discrimination. We will not tolerate any form of discrimination based on race, color, religion, age, gender, gender identity, gender expression, national origin, ancestry, handicap or disability—mental or physical—marital status, sexual orientation, veteran status, disability resulting from military service, or any other classification protected by law (“protected classifications”). We are committed to establishing and maintaining a work environment where everyone is treated with dignity and respect.

Ingredion provides accommodations to job applicants with disabilities throughout the hiring process. If a job applicant requires an accommodation during the application process or through the selection process, we will work with the applicant to meet the job applicant's accommodation needs.

Relocation Available:

No

Pay Range:

This pay range is not a guarantee of compensation or salary. Final base salary will be determined based on several factors which may include but are not limited to responsibilities of the job, education, experience, knowledge, skills, and abilities, as well as internal equity, alignment with market data and applicable bargaining agreement (if any).

Incentive Compensation:

As a part of the total compensation package, this role may be eligible for the Ingredion Annual Incentive Plan or a role-specific commission/bonus.

Benefits:

Full-time roles are eligible for our comprehensive benefits package which includes medical, dental and vision coverage as well as a 401(k) plan with an competitive company match.