Finance Director/Controller Jobs in Hunt Valley, MD at McCormick & Company
Title: Finance Director/Controller
Company: McCormick & Company
Location: Hunt Valley, MD
McCormick & Company, Inc., a global leader in the spice, flavor, and seasonings industry, is seeking a full time Finance Director/Controller to join the FONA finance team. This new hire will work in McCormick’s Flavor Solutions Division, located in Geneva, IL. The Finance Director/Controller will report to a Vice President, Commercial Finance, Americas Flavor Solutions.
McCormick & Company, Incorporated is a global leader in flavor with approximately 13,000 employees worldwide. As a Fortune 500 company with over $5 billion in annual sales across 160 countries and territories, we manufacture, market, and distribute spices, seasoning mixes, condiments, and other flavorful products to the entire food industry including e-commerce, retail,food manufacturers and foodservice businesses. Our most popular brands include McCormick, French’s, Frank’s RedHot, Stubb’s, OLD BAY, Lawry’s, Zatarain’s, Ducros, Vahiné, Cholula, Schwartz, Kamis, DaQiao, Club House, Aeroplane, and Gourmet Garden. Every day, no matter where or what you eat or drink, you can enjoy food flavored by McCormick. Our Purpose is “To Stand Together for the Future of Flavor and our Vision is “A World United by Flavor—where healthy, sustainable and delicious go hand in hand.”
As a company recognized for its exceptional commitment to employees, McCormick offers a wide variety of benefits, programs, and services. Benefits include, but are not limited to, tuition assistance, medical, dental, vision, disability, group life insurance, 401(k), profit sharing, paid holidays, and vacations.
The Finance Director/Controller will support:
Organization’s accounting principles, practices and procedures, and maintenance of its fiscal records and financial reports.
Actively manages general and property accounting through month-end and year-end close.
Assists with cost accounting, budgetary / forecast development, internal controls, and additional internal strategic financial analysis.
Appraises operating results in terms of cost, budgets, operating policies, trends, and increased profit opportunities.
Identifies process and procedural improvements in financial processes to allow efficient and timely recording of key information and supplemental data.
Coordinates with Revenue Generation (RG) and Order Fulfillment (OF) management to ensure alignment on financial information monthly.
Conducts monthly budget-to-actual reviews with budget owners, reviewing variances and determining root cause of any overage / underage.
Oversees the Accounting Supervisor / staff, Finance staff, and Payroll staff in accurate execution of their responsibilities.
Leads by example to provide a supportive, positive environment of the staff to grow in their current positions and to contribute to the success of the team and FONA.
As the FD/Controller, the job function will focus in part on corporate accounting, including the following:
Actively manage the month-end / year-end close processes.
Lead annual external audit preparation and “Prepared by Client” (PBC) listings received.
Assist with quarterly and annual external tax preparation as necessary.
Assist the Accounting Supervisor and the Accounting / Finance staff with daily tasks and issue resolution.
Prepare or review monthly account reconciliations.
Investigate and remediate accounting unreconciled items timely.
Maintain a strong financial internal control environment.
As necessary, initiate and implement process improvements.
Partner with management to ensure aligned on all open initiatives & recurring activities.
Actively participate in annual budget & periodic forecasts.
Prepare internal financial analysis to assist with strategy, resource planning, and ad hoc requests.
Assist with development of internal financial planning models, including but not limited to CapEx ROI, investments ROI, new customer/vendor engagements, and financial support of strategic initiatives.
Manage development of financial modelling.
Assist with management of daily working capital analysis and cash flows.
Partner with internal management and the executive team to ensure accountability and alignment are achieved through financial planning processes and analysis.
Ad Hoc Requests
Assists with the monthly accounting close cycle, including management of inventory, bank reconciliations, and issue resolution. This work is done in the Enterprise Resource Planning (ERP) system, Microsoft Dynamics AX.
Prepares or reviews general ledger journal entries.
Ensures that all balance sheet items are fully supported in accordance with GAAP, reconciled and correct monthly for each entity handled.
Supervises the management of accounts receivable assets, accounts payable and the management of risks taken.
Assists with all internal and external audit requirements. Works closely with external accounting and auditing firms to complete all required financial audits. Prepares reports required by regulatory agencies.
Partners with the organization to deliver the data and analysis to support ROI decisions such as: equipment buy vs lease analysis, ad hoc new business opportunity analysis, business line enter and exit strategies, risk analysis.
Works closely with Sales Team for supporting sales forecast and budgets. Actively participates in the annual expense budget and periodic forecasts.
Thoroughly understands material and equipment hazards and performs all duties in a safe manner using appropriate personal protective equipment.
Establishes and maintains strong relationships with management to identify their needs and seek full range of business solutions.
Oversees the Accounting, Finance & Payroll and staff, ensuring accurate execution of their responsibilities.
Leads by example to provide a supportive, positive environment for the staff to grow in their current positions and to contribute to the success of the team and FONA.
Maintains the highest level of integrity and follows all FONA’s values consistently.
Assists the leadership teams with initiatives, as applicable.
Bachelor’s degree (BA/S) from four-year College or University
Experience in Corporate Accounting, Corporate Finance
10+ years related experience in CPG/FMCG or combination with public accounting/consulting with 7+ years supervising a team
Experience with Enterprise Resource Planning (ERP) systems (Microsoft Dynamics AX a plus) and Business Intelligence / Report writing tools (Power BI a plus).
Manufacturing experience required.
Major in Finance/Accounting preferred
Minor / Double-major in Finance is a plus.
MB MBA/MAcc a plus
Related industry preferred (food, ingredients, flavors).
McCormick & Company is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.
As a general policy, McCormick does not offer employment visa sponsorships upon hire or in the future.