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Director Of Commercial Finance
Recruited by Home Market Foods 1 year ago Address Needham Heights, MA, United States

Director Of Commercial Finance

Company

Home Market Foods

Address Needham, MA, United States
Employment type FULL_TIME
Salary
Category Food and Beverage Manufacturing
Expires 2023-05-09
Posted at 1 year ago
Job Description
Home Market Foods (HMF) is a growing, successful, category leading producer of protein-based meal solutions that is as committed to treating our colleagues and customers as family as we are to delighting consumers with award winning products. Our innovative products are sold at the top retailers and food service customers in North America, and it is our commitment to empower our people and treat them with respect and kindness that defines who we are.


You may recognize our brand names or products: Cooked Perfect brand meatballs are found in the frozen section of almost all grocery stores in the US; RollerBites are on the grill of every 7-11 and many convenience stores nationwide; Eisenberg hotdogs and Bahama Mama sausages, both of which are sold at many sporting venues, movie theaters, schools and other large venues. Our success is supported by our collaborative culture, decentralized decision-making, and commitment to compassionate leadership.


We have grown substantially over the last few years, propelled by our investments in innovation and operations and led by a team of world-class leaders. We are poised for continued success and offer amazing opportunities for our customers and our employees.


With corporate headquarters in Needham, MA a manufacturing facility in Norwood, MA, and a distribution facility in Norton, MA, we are comfortably located within the Boston metropolitan area.


Due to our rapid growth, our success is directly dependent on attracting and retaining the best possible talent across our teams. To this end, we are posting for a strong Director of Commercial Finance. This opportunity will be based in our corporate headquarters in Needham, MA and follow our hybrid work model: three days working onsite and two remote working days.


Overview Of Role


The Director of Commercial Finance will serve as a credible and trusted partner to the Chief Financial Officer (CFO) and various members of the sales, marketing, and R&D teams. This individual will provide both analytical support and thought leadership by participating in key strategic discussions with data-driven recommendations. The ideal candidate will have strong data modeling skills, can create insights and key takeaways through dynamic presentations, monitor and evaluate KPIs across the organization, and have a unique ability to multi-task. Excellent communication skills and a positive outlook are a must.


Home Market Foods' Director of Commercial Finance will work closely with the Company's sales and marketing teams, ensuring the Company is driving profitable growth across a wide portfolio of products. The candidate will work closely with the CFO and the Financial Planning and Analysis team to understand trends in the business, customer/product growth drivers, opportunity areas, and business/market fundamentals which necessitate pricing actions. In addition to these traditional finance responsibilities, the ideal candidate will be professionally curious regarding the Company's Operations and Procurement functions working closely with them to understand cost structures and evaluate opportunities for efficiencies which positively impact product profitability.


The ideal candidate will also have a deep understanding of promotional spending and its impact on unit volume/profit economics. Maintaining a holistic view of the customer (vs. a finance only perspective) and working closely with your partners on the sales team to understand and drive long-term customer growth by articulating and forging win/win scenarios is critical to the success of this role.


Essential Duties And Responsibilities


  • Increase market share and consumer retention. Deliver the marketing plans for all channels of distribution, with a goal of driving profitable growth.
  • Provide pricing recommendations for existing products based on the evaluation of rate impacts across the organization, driven by rising commodity or inflationary pressures.
  • Communicate item, brand, and customer P&Ls to the commercial team on a monthly basis highlighting multi-year trends and variance drivers. Work to develop and implement risk mitigation strategies that will drive profitable growth across the organization without eroding revenue.
  • Work closely with the Executive Leadership Team to drive the organization toward a heightened consumer-centric, profit driven culture.
  • Oversee the financial impact of the Company's New Product Development launch process, partnering with a cross-functional team to understand the strategy behind new item launches. Provide recommendations to align new product launches with our corporate and financial objectives.
  • Review and communication of the gross margin impact back to the organization by identifying trends such as rate escalation, pricing capture, or the influence of product or customer mix to the overall financials.
  • Effectively manage budgets; evaluate ROI on marketing spending and optimize for the greatest results.
  • Manage and continue to develop a team of senior analysts.


Education And/Or Experience


The ideal candidate for Director of Commercial Finance is a progressive leader with a track record of success developing financial models with lead to actionable insights. Additionally, a positive attitude and an ability to inspire and grow direct reports and colleagues is critical to success in role.


Specifically, The Ideal Candidate Will Possess The Following


  • Strong accuracy and attention to detail and deadlines
  • Advanced financial modeling skills, in excel, along with solid understanding of P&L development and month-end financial reporting
  • 10+ years of FP&A experience, preferably with a manufacturing or CPG company
  • Strong interpersonal skills with the ability to work cooperatively and collaboratively with cross-functional teams including staff at all levels of the organization
  • Strong data visualization and written and verbal communication skills with the ability to tell a story and transform data into clear, digestible information for various audiences
  • Ability to adapt quickly to changing team priorities


Physical Demands


The below physical demands are representative of those that must be met by the team member to successfully perform the essential functions of this job.


  • Must be able to learn new tasks, remember processes, maintain focus, complete tasks independently, and tasks in situations that have a speed or productivity quota.
  • Will communicate accurate information to colleagues regularly
  • Will be required to communicate with colleagues and visitors.
  • Must be able to work in a fast-paced work environment where a broad range of tasks may be required
  • Able to sit / stand for prolonged periods at a desk and working on a computer.


Work Environment


The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


  • Must be able to perform the same duties, assignments, and other tasks when working remotely as they do when working in the Home Market Foods's office
  • The noise level in the office environment is typically moderate.
  • Will consistently operate a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer.
  • 5% travel
  • Must have constant access to internet with a direct, wired connection
  • Must have camera on when attending all meetings


Home Market Foods provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.


This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.


Job Posted by ApplicantPro