Sr Financial Analyst
Michael Foods Inc.
Business Unit Overview Michael Foods, Inc. is a leader in the food processing and distribution industry with business in egg products, refrigerated grocery and potato products. We offer exciting job possibilities throughout our organization where you can enhance your career, sharpen your talents and make an impact. Join our company and be part of an innovative team that’s First in Food. Location Description Hopkins, MN is home to our Michael Foods, Inc. corporate headquarters. Hopkins is located 7 miles west of Minneapolis, boasting natural surroundings in a suburban environment that also provides quick access to major travel ways and local restaurants that give our community a distinct character. Located in the Excelsior Crossing building where employees are provided with beautifully landscaped walking paths and water features creating an optimal environment for outdoor and walking meetings, along with the opportunity to take a relaxing walk or outdoor lunch before, within, or after your work day. Responsibilities POSITION SUMMARY: The Senior Financial Analyst is responsible for preparing accurate and meaningful analysis of financial data contributing to key business decisions related to pricing, revenue, volumes, and profitability. Key pricing responsibilities include building customer pricing, profitability analysis and recommendations, and leading financial agreements in partnership with sales. In addition, will lead aspects of routine financial and accounting processes such as analysis of month-end actuals, forecast and annual plan revenue projections, and risk and opportunity analysis. The position involves partnering with internal and external customer groups. Developing strong partnerships with Sales Management and other functional areas is key to success. DUTIES AND RESPONSIBILITIES: Prepare and analyze pricing and financial measures for specific customer groups, inclusive of product pricing, program execution, and profitability analysis. Provides pricing and profitability insights and recommendations to achieve profitability targets. Analyze historical trends and external market conditions to provide insights and recommendations for leadership to support Commercial business strategies. Lead preparation and administration of customer agreements/commitments from information provided by Sales. Manage intake of and maintain customer or supplier contracts, profiles, and data to support future analysis and business decisions. Responsible for assigned customer pricing updates, ensuring accurate and timely execution. Perform general accounting duties including, but not limited to, journal entries, account reconciliation and customer reconciliation. Build monthly reporting and ad-hoc financial analysis as needed to support business, including identifying and articulating key insights and recommendations. Leads month-end variance analysis to identify key drivers impacting sales volumes and revenue. Key contributor of Revenue forecasting and annual planning processes. Monitor and assure business process and customer program compliance. Manage workload, ensuring accurate and timely completion of deliverables, and engage in proactive communication when risk to meeting deadline to receive prioritization support. Perform other duties as assigned. Qualifications EDUCATION AND EXPERIENCE REQUIRED: Bachelor’s Degree with emphasis in finance, accounting, or related field; will also accept equivalent combination of education, training, and experience. 5+ years of experience in finance, accounting, and/or pricing, with demonstrated skills in financial analysis and reporting or financial accounting. Food or other manufacturing industry experience preferable. Excellent communication with strong analytical and problem-solving skills. Demonstrated ability to manage workload, inclusive of collaborative prioritization and ensuring accurate and timely completion of work deliverables. Ability to partner and influence across the organization. Proficient in Excel and ERP solutions (preferably SAP). The pay range for this position is $68,336 - $95,670 per year.
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