Senior Financial Analyst

About Ingredion

Join Ingredion, where innovation impacts lives worldwide! Without even realizing it, you've experienced our work in your favorite chocolate, your pet's food, the paper you write on, and your everyday snacks. As a global powerhouse across more than 60 industries, we harness the potential of natural ingredients to transform lives. Whether you're just starting your career or bringing years of experience, there's a place for you here to make a real difference.

Be part of our team that values a wide range of perspectives and is committed to shaping a better world with every product we create.

LOCATION
:
Westchester, Illinois

WORKPLACE TYPE
:
Hybrid

The Texture and Healthful Solutions US/Canada (T&HS US/Canada) business is focused on contributing to the Global T&HS Segment of which is generating annual net sales exceeding $2 billion
, gross profit surpassing $600 million
, and operating income of over $300 million with a strong track record of operational excellence, financial stability, and growth.

This role is responsible for supporting and continuously improving the T&HS US/Canada financial planning, forecasting, and budgeting processes and assisting the development of business and financial strategies as well as analysis of operating results. Role will report to Senior Manager FP&A Texture and Healthful Solutions US/CAN.

• Strategic and Operational Planning
  • Serve as business partner and contributor to growth strategies, tactics, mid and long-range planning, ensuring that current revenue-generating strategies create value for Ingredion.
  • Collaborate with cross-functional teams to develop and execute financial strategies aligned with business objectives.
  • Provide insights to segment leaders on the financial implications of business activities; make recommendations to strategically enhance financial performance.
  • Support the development of operating policies and procedures and improvement programs for the attainment of segment objectives.
  • Foster alignment between strategic goals and operational execution.
  • Contribute to the end-to-end process for developing, consolidating, and reporting the segment's 5-year Strategic Plan ensuring the business meets global financial targets, verifying submissions are accurate and complete, identifying areas for growth, and mitigating financial risks through scenario planning and sensitivity analysis.
• Financial Reporting
  • Prepare and present all monthly and quarterly comprehensive financial reports, including segment income statements, balance sheets, and cash flow statements.
  • Conduct thorough analyses of financial performance, highlighting key drivers and areas for improvement.
  • Engage in regular business reviews with executives, offering actionable recommendations.
  • Ensure timely and accurate reporting to internal and external stakeholders.
• Analysis
  • Investigate and explain deviations from budgeted, forecasted, and prior period figures.
  • Collaborate with department heads to understand underlying causes and propose corrective actions.
  • Track different performance aspects of our businesses, products, and plants and provide applicable feedback to ensure achievement of segment targets.
  • Provide insights into the impact of variances on overall financial health.
  • Provide financial modeling and sensitivity analysis around broad and in-depth internal and external factors.
• Budgeting/Forecasting
  • Support the annual T&HS US/Canada budgeting (Goal) process and the periodic forecast updates during the calendar year, by working cross-functionally with all stakeholders (Commercial, Operations, etc.) to establish annual financial goals and properly identify risks and opportunities.
• Continuous Improvement
  • Execute special projects that focus on process improvements advancing an owner's mindset and cost reduction at all levels across the segment.
  • Create value by implementing action plans to enhance profit margins across the business.
  • Collaborate with cross-functional teams to address specific business challenges.
  • Present findings and recommendations to senior management.
  • Proactively identify opportunities for process enhancement and efficiency gains.
  • Provide support for ad-hoc financial projects…