Lead Analyst, Finance

Reposted 5 Days Ago
Be an Early Applicant
3 Locations
In-Office
Mid level
Food
The Role
The Lead Analyst in Supply Chain Finance will analyze cost data, support forecasting, present insights to leadership, and manage Purchase Price Variance forecasts, influencing financial strategy and performance.
Summary Generated by Built In

Your Opportunity as the Lead Analyst, Supply Chain Finance

Turn complex cost and commodity data into clear insights, shape forecasts that drive business performance, and partner with leaders to navigate market volatility. From standard cost planning to “what‑if” modeling and savings initiatives, your work will directly influence strategy, financial results, and long‑term growth.

In this role you will:

  • Support the Procurement Function through the Annual Standard Cost development process. 

  • Ensure accuracy of submitted costs as they are foundational to the COPS Annual Financial Plan.

  • Explain key drivers of year-over-year changes and future market outlook to Procurement Leadership and SBA Finance partners.

  • Provide analytical data and support to the Buyers on actual, forecasted, and planned performance. 

  • Partner with the Buyers to build a thorough monthly Purchase Price Variance (PPV) forecast. 

  • Explain key drivers of forecasted variances to Procurement Leadership and SBA Finance partners in monthly presentations and reporting.

  • Take responsibility for the PPV forecast submission to the financial system

  • Support team members in Cost Bridge preparation, including reconciliation of expectations and commentary on drivers.

  • Align with the Hedge Accounting team on Commodity performance/outlook and ensure consistent reporting/communication is delivered to Procurement and Finance.

  • Model “what if” scenarios and provide financial metrics related to major commodity price movements impacting the SBAs and/or Brands.

  • Participate in the evaluation of Savings Projects / Transformation Initiatives and track performance from  implementation through completion.

  • Cross-train with other Commodity Lead Analysts for the purpose of identifying standardization opportunities and providing business continuity.

What we are looking for:

Minimum requirements:

  • Bachelor's degree in Finance, Accounting, Economics, Supply Chain, Business Analytics, or a related field

  • 4+ years in supply chain finance, procurement finance, cost accounting, or plant/manufacturing finance

  • Ability to analyze large data sets, identify trends, and translate into clear insights and actions

  • Ability to communicate financial concepts to stakeholders (buyers/procurement leaders) '

  • Highly detail-oriented with strong controls/accuracy

Additional skills and experience that we think would make someone successful in this role:

  • Experience with commodity-sensitive environments (food, CPG, manufacturing, chemicals, packaging, etc.)

  • Experience with PPV and standard cost planning

  • Familiarity with hedge accounting concepts and commodity risk management

  • Exposure to savings initiatives including tracking savings realization

    Right Place for You

    We are bold, kind, strive to do the right thing, we play to win, and we believe in a strong community that thrives together. Our culture is rooted in our Basic Beliefs, and we believe in supporting every employee by meeting their physical, emotional, and financial needs.

    Stay connected with us on LinkedIn®

    #LI-KK1

    #LI-Hybrid

    Top Skills

    Cost Accounting
    Financial Systems
    Hedge Accounting
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    The Company
    HQ: Orrville, OH
    5,001 Employees

    What We Do

    Each generation of consumers leaves their mark on culture by establishing new expectations for food and the companies that make it. At The J.M. Smucker Co., it is our privilege to be at the heart of this dynamic with a portfolio that appeals to each generation of people and pets with products found in 90 percent of U.S. homes and countless restaurants. This includes a mix of iconic brands consumers have always loved such as Folgers®, Jif® and Milk-Bone® and new favorites like Café Bustelo®, Smucker’s® Uncrustables® and Rachael Ray® Nutrish®. By continuing to immerse ourselves in consumer and pet parent preferences for food, how it’s purchased and how the companies that make it should operate, we will maintain the important role we play in their lives. This will allow us to continue growing our business and the positive impact we have on all of those who count on us.

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