Operations Finance Analyst

Posted Yesterday
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Smithfield, VA, USA
In-Office
60K-88K Annually
Junior
Food
The Role
Supports manufacturing operations finance through product costing, standard cost calculations, operational reporting, variance analysis, hog procurement accounting, reconciliations, journal entries, and audit support. Uses SAP to review bills of materials and costing, trains plant accounting teams, validates data across systems, and provides analysis to operations and management. Requires collaboration with operations, sales, procurement, auditors, and plant accounting teams, plus travel to plant locations.
Summary Generated by Built In

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Have a seat at our table. When you join Smithfield, you become part of something special – a company that's sustainably feeding people around the world, producing good food the right way with respect for our people, animals, communities and planet. With opportunities across locations and functions, a culture grounded in our Core Four values - gratitude, communication, respect and accountability - and a strong commitment to learning, collaboration, and innovation, Smithfield offers challenging and rewarding careers where you can grow, contribute and make a real impact. Apply Now!

Your Opportunity

The Operations Finance team is seeking out a driven, detail-oriented professional to assist in various aspects of product costing and analysis.

An Operations Finance Analyst works closely with operations, sales, business development and other departments to ensure products carry the correct product costing throughout all phases of the manufacturing process.

Core Responsibilities

  • Prepare, distribute, and analyze operational results in different formats and over different timeframes. It requires the knowledge of where to retrieve the information and the skill set to accurately present the data.

  • Perform a daily function of gathering the USDA quotes, calculating our base standard costs and loading them in a timely manner into multiple systems.  Validating that the process was completed successfully and being able to work with auditors periodically to review the procedures & backup.

  • Accounting and analytical support for the hog procurement function, including reconciling the monthly hog purchases, posting entries for monthly hog cost, confirming lien status, and working with the livestock departments on differences between the GL and Hog Pro system.  Responsible for submitting payments & reporting on the National Pork Board website, calculating & requesting payments for monthly Pork Council payments of hog purchases and Hartford insurance premiums. 

  • Supply operational departments the necessary information to make informed decisions on how to increase the standard value of specific products.  Including when it is beneficial to cut down bellies, cut down spareribs, or sending certain Trim POLs to Rendering.

  • Provide SAP product costing and other related system training and support

  • Provides direction to the plant accounting teams to ensure cost request data is being returned timely and the information is accurate

  • Perform first level cost review for packaged meats cost requests and provide executive summaries for review with Sr. Management.

  • Become fluent in SAP transactions BOM and product costing reviews; labor audits; ABC costing methodologies; plant scorecard production reporting; and variance allocations

  • Provide ad hoc analysis and get involved in special projects as required.  Instruction may come from within or outside of the department.  Time commitments will vary

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. May perform other duties as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill, and/or ability required.  Reasonable accommodations may be made to enable individuals to perform the essential functions. 

  • Bachelor’s Degree in Accounting, Finance, Business or related field and 2+ years of relevant experience and/or training; or equivalent combination of education and experience.

  • 2+ years’ prior experience in manufacturing and/or consumer packaged goods, preferred.

  • Demonstrated knowledge of SAP and Microsoft Office’s Excel, Word and Outlook.

  • Strong analytical and variance analysis skills.

  • Strong interpersonal skills to interact with internal departments

  • Demonstrated knowledge and experience of database management.

  • Understanding of systems integration for moving data from one system to another.

  • Strong verbal and written communication skills.

  • Ability to complete projects timely and accurately.

  • Ability to work well with others in fast paced, dynamic environment

  • Ability to be respectful, approachable and team oriented while building strong working relationships and a positive work environment

  • Travel up to 25% - 35% to plant locations.

The expected pay range for this position is $60,000 - $87,500 annually.

Smithfield Foods provides pay ranges that reflect its good faith estimate of the salary or hourly wage the company reasonably expects to pay for a position at the time of hire. Individual compensation will be determined based on several factors, including but not limited to, the scope and responsibilities of the role, location of the position, the candidate’s qualifications and experience, internal equity, external market pay for comparable positions and budget considerations. At Smithfield Foods, base pay represents only one aspect of the comprehensive total rewards package. Learn more about our benefits package here.

Relocation Package Available Yes

EEO Information

Smithfield is an equal opportunity employer committed to workplace diversity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, gender identity, protected veterans status, status as a disabled individual or any other protected group status or non-job characteristic as directed by law.

If you are an individual with a disability and would like to request a reasonable accommodation for any part of the employment selection process, please call us at 757-357-1595.

Skills Required

  • Bachelor's degree in Accounting, Finance, Business, or a related field, or equivalent combination of education and experience
  • At least 2 years of relevant experience and/or training
  • At least 2 years of experience in manufacturing and/or consumer packaged goods
  • Knowledge of SAP
  • Knowledge of Microsoft Excel, Word, and Outlook
  • Strong analytical and variance analysis skills
  • Strong interpersonal skills for interacting with internal departments
  • Knowledge and experience with database management
  • Understanding of systems integration for transferring data between systems
  • Strong verbal and written communication skills
  • Ability to complete projects timely and accurately
  • Ability to work effectively in a fast-paced, dynamic environment
  • Respectful, approachable, team-oriented approach with the ability to build strong working relationships
  • Ability to travel up to 25%–35% to plant locations

Smithfield Foods Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Smithfield Foods and has not been reviewed or approved by Smithfield Foods.

  • Retirement Support — Retirement support stands out as a strong component of the package, with a 401(k) match repeatedly characterized as competitive. This element is portrayed as a meaningful contributor to overall total rewards beyond base pay.
  • Healthcare Strength — Healthcare offerings are described as comprehensive, including medical, dental, vision, prescription, disability, and life coverage. Insurance quality is often positioned as a notable strength relative to other parts of the employment experience.
  • Fair & Transparent Compensation — Compensation is frequently framed as competitive for the industry, particularly for skilled trades and certain salaried roles. Overtime availability is depicted as a major lever that can materially increase take-home pay in many settings.

Smithfield Foods Insights

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The Company
HQ: Smithfield, VA
6,582 Employees
Year Founded: 1936

What We Do

Headquartered in Smithfield, Va. since 1936, Smithfield Foods, Inc. is an American food company with agricultural roots and a global reach. With more than 60,000 jobs globally, we are dedicated to producing "Good food. Responsibly®" and serve as one of the world's leading vertically integrated protein companies. We have pioneered sustainability standards for more than two decades, including our industry-leading commitments to become carbon negative in U.S. company-owned operations and reduce GHG emissions 30 percent across our entire U.S. value chain by 2030. We believe in the power of protein to end food insecurity and have donated hundreds of millions of food servings to our communities. Smithfield boasts a portfolio of high-quality iconic brands, such as Smithfield®, Eckrich® and Nathan's Famous®, among many others.

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