Manager Financial Consolidation & Supply Chain, F&II USCAN

LOCATION:               Westchester, Illinois, USA

REPORTS TO:            Director, Operations Finance F&II USCA

Dedicated Support:     Food and Industrial Ingredients (6 plants).

Supervisory:                        Direct reports 2 in Westchester.

                                   Responsible for Operations/Supply Chain Finance

Company Background:

Ingredion is a Fortune 500 provider of ingredient solutions that helps nourish, comfort, sustain, and delight people around the world. Ingredion’s wide range of ingredient solutions is strategically designed to address changing consumer trends and preferences. Our specialty portfolio includes starch-based texturizers, clean and simple ingredients, plant-based proteins, sugar reduction and specialty sweeteners, and food systems. Our innovative ingredient solutions are used by consumers in everyday products, from foods and beverages to paper and pharmaceuticals. And we do it all in a planet-friendly sustainable manner.

We bring the potential of people, nature and technology together to make life better.

That’s our purpose. We are all IN to make life better!

Every day, Ingredion employees bring their skills, creativity, and passion together to deliver ingredient solutions that enhance people’s lives. We are innovators who combine the power of technology with the best of nature to delight our customers and consumers. We hold ourselves to the highest standards in ethics, safety, quality and sustainability. Unlocking the potential of people, nature and technology to make life better is what drives us in every aspect of our business.

If you are interested in making life better, we are all IN to learn more about you! A bit about what you can expect from the employee experience at Ingredion:

The chance to make a difference

No matter where you work in the company, you’ll have an opportunity to make life better… for our colleagues, customers, communities, and the world.

Passionate people, motivated to excel

Our highly talented people have a passion for learning and achievement and are driven by our inspiring purpose to make life better and our core values: Care First, Be Preferred, Everyone Belongs, Innovate Boldly, and Owner’s Mindset.

A warm, welcoming environment

At Ingredion, everyone belongs! We embrace diversity and foster an inclusive work environment where individuals feel supported and enabled to contribute their very best every day.

A place where you can grow personally and professionally

We believe everyone has great potential, and we strive to nurture that potential into great personal and professional achievements.

An environment that enables innovation and collaboration

We are creating the conditions that inspire and enable innovation - in our products and services, as well as in how we do our work day-to-day.

The Manager, Financial Consolidation & Supply Chain, USCA F&II will be the liaison between logistics, supply chain, procurement, plant operations, commercial, accounting (COE & SSCs), and regional finance. Manager will perform and review financial analysis, as well as lead planning and decision-making processes that ensure the profitability and sustainability of the business. Manger will oversee US/CAN F&II plant expenditures, logistics and distribution costs ($2.3Bi in Net sales and $1.9Bi in COGS as of FY2023). US/CAN F&II has 6 manufacturing sites and an extensive distribution network. The 6 plants under scope are: London (Canada), Cardinal (Canada), Argo (US), Cedar Rapids (US), Winston Salem (US), Mapleton (US). F&II freight & distribution costs represent 70% of total expenditure in the US/CAN Ingredion Network, and includes a robust mix of railcar fleet assets, breakstations, warehouses, and unique modes of transportation.

Core Responsibilities:

• Evaluate monthly, quarterly, and annual results against forecasts identifying gaps in KPIs and highlighting risk and opportunities in support of US/CAN F&II operations.
• Manage the planning process for manufacturing expense, supply chain costs, and purchased finished goods for US/CAN F&II in support of periodic financial forecasts for FP&A.
• Keep appraised of business developments to assess financial impacts, make value-added recommendations, and prepare ad hoc analyses for executive team that facilitate sound business decisions, forecasts and strategies.
• Implement strategic plans and initiatives to ensure annual financial goals are met for the USCA F&II manufacturing and supply chain network.
• Serve as a finance partner in building network cost models for existing and future network designs, assessing plant and supply chain cost saving initiatives, and associated tracking of savings.
• Provide guidance on Product Costing; harmonize data, KPIs and processes enabling both Gross and Contribution margin perspectives.
• Oversee inventory financial reporting, planning, forecasting, and associated efficiency & inventory health reporting metrics.
• Partner with Sales & Operations Planning (S&OP) team in developing and implementing Demand and Planning Forecast Accuracy improvement initiatives and optimization of Total Inventory levels to meet Service Level Targets (Perfect Order >94%).
• Validate Capital requests in segment and track Cost Savings performance vs business cases. Serve as liaison to Global Engineering team with Capital Allocation and Execution process to ensure compliance with corporate Cash Flow targets.
• Develop new and streamline existing processes and systems as required to ensure more efficient delivery of value-add information to stakeholders.
• Build and maintain effective working relationships with operations and supply chain teams that will help facilitate effective communication of business plans and results.
• Deal efficiently and effectively with dynamic change and support the team to deliver results timely and accurately.
• Improve business visibility to enhance analytics, process standardization and best practices with particular focus on Net Structural Savings and cost per metric ton and variances.

Qualification Requirements:

• Must have 7+ years of progressive finance planning experiences, preferably in food and beverage industry and operations, manufacturing, and supply chain.
• Experience managing teams in a large multi-national organization.
• Strong written, verbal communication and presentation skills; must be able to convey information to all levels of the organization in a clear, focused, and concise manner.
• Must have a strong knowledge of balance sheet, income statement, cash flow, working capital analysis and US GAAP, and experience calculating discounted cash flows and present value.
• Flexibility to be involved in both finance and accounting roles.
• Demonstrated ability to identify issues, develop solutions, and make and support decisions to resolve problems and take advantage of opportunities.
• Demonstrated strong analytical skills and experience using ERP costing systems.
• Experience working with SAP, SAP BW, SAP BPS/BI-IP and BPC preferred.
• Travel required as necessary.

Relocation Available?            No

Job Grade:                              TBD

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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

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.