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Senior Financial Analyst
Senior Financial AnalystThe J.M. Smucker Co. • Markham, York Region, CA
Senior Financial Analyst

Senior Financial Analyst

The J.M. Smucker Co. • Markham, York Region, CA
6 days ago
Job type
  • Full-time
Job description

Smucker Foods of Canada Corp. is a subsidiary of The J.M. Smucker Co. For more than 125 years, The J.M. Smucker Co. has been trusted to deliver quality food consumers trust for themselves and their families. Guided by a vision to engage, delight, and inspire consumers by building brands they love and leading in growing categories, Smucker has grown to be a well-respected North American marketer and manufacturer with a balanced portfolio of leading and emerging, on‑trend brands. This includes offering beloved brands such as Jif®, Folgers® and Milk‑Bone® as well as leading brands exclusive to Canada including Robin Hood®, Five Roses®, and Carnation®.

At Smucker, we provide a nurturing, collaborative and inclusive environment giving each employee the opportunity to contribute and thrive in their own unique way. We want you to become part of the Smucker Family; to become part of our journey of growth and thriving together. Join Smucker and experience a place where everyone can be their whole self, is respected, included and treated equitably, has a voice and can make an impact.

Our Company remains rooted in the values established at our founding and as defined by our Basic Beliefs and Our Commitment to Each Other. For more information about our Company, visit jmsmucker.com.

Position Title

Senior Financial Analyst

Reports To

Senior Manager, Finance

Location

Markham, Ontario - Hybrid (minimum 40% in office each week)

Position Summary

The Senior Financial Analyst (SFA) – Sales Finance has the responsibility for Trade Fund Controls, Sales Profitability, and overall financial support to the Sales and Trade Marketing Teams.

As Part Of The Sales & Trade Marketing Support

The SFA will play a key role in supporting Sales and Trade Marketing on key strategic decisions. The SFA will provide accurate and thorough financial analysis on key sales initiatives such as measuring the impacts of incremental trade offers, assessing the feasibility of Preferred Vendor Agreements to major customers, Listing Fees, etc. The SFA will also assist the Financial Analyst in conducting promotional audits to ensure that all trade fund controls are functioning properly and liabilities are accurately stated. The SFA must also ensure that trade spending information is accurate in sales tracking systems and adjust expenses to reflect any variances in plan vs. actual spending.

Essential Job Functions Summary

Financial Leadership

  • Provide sales and trade marketing groups with accurate and value-added financial analysis that will facilitate better financial and strategic business decisions.
  • Take a proactive role in understanding key financial components in the P&L and be able to explain key drivers or causes for material changes in the financial results.
  • Take ownership of identified incremental risks and opportunities (versus the latest forecast / plan) for the sales team
  • Prepare and maintain customer profitability reporting to be issued to the sales teams. Identify key drivers of variances and areas of opportunity.
  • Support the identification of incremental risks and opportunities (versus the latest forecast / plan) for the customer teams.
  • Support the promotional audit process to ensure trade funds are accurately accounted for and reflect the correct liabilities.
  • Support the trade fund audit for both internal and external audits. This will require knowledge of trade fund controls and accounting policies for trade liabilities.

Technology

  • Gain thorough understanding of Oracle on Cloud, CAS, Spotfire and Microsoft Excel and how to manipulate large databases.
  • Strategy

  • Identify and evaluate opportunities for maximizing growth and profitability in the business, as well as provide thorough financial support to sales.
  • Relationships

  • Understand customer needs between the sales team, trade marketing team, and finance and develop a balance to ensure all needs are serviced with the highest standards.
  • Provide leadership by communicating openly and honestly.
  • Gain thorough understanding of Oracle on Cloud, CAS, Spotfire Analytics, and Microsoft Excel and how to manipulate large databases.
  • Qualifications

  • 2+ years of full‑time relevant work experience
  • Experience with International Export preferred but not required
  • University degree required. Business degree preferred and ideally in process of acquiring, or already completed a Financial Designation (CA / CGA / CMA)
  • Strong business acumen & judgment
  • Good presentation, communication skills required in a cross‑functional and team‑oriented environment
  • Strong analytical skills and the ability to ‘translate’ financial language effectively to all levels within the organization
  • Should be adaptable, flexible and agile to an ever‑changing work environment
  • Able to work independently with minimal direction but also be able to ask for direction when needed
  • Knowledge of current computer technologies (MS Office)
  • Salary Range

    $68,000 - $98,000 annually

    The above reflects the target compensation range for the position at the time of posting. Compensation will be determined based on numerous factors including, but not limited to, skills, work experience, and internal equity considerations.

    Additional Information

  • This job posting is for a new vacancy within the organization
  • Smucker Foods of Canada Corp. does not utilize any artificial intelligence (AI) capabilities in any phase of the recruitment process.
  • We are looking for varied perspectives which include diverse experiences that can add value to our team. We encourage you to apply even if you are unsure whether your experience matches every requirement above.

    Smucker Foods of Canada Corp. is committed to a diverse and inclusive workplace. We are an equal opportunity employer and do not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, disability, age or other legally protected status. Should you require any assistance or accommodation within any step of the recruitment and selection process, please make them known when contacted and we will work with you to help meet your needs. Accommodation may include but is not limited to an alternate format documents, ASL Interpreter, or Assistive Technology.

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    Senior Financial Analyst • Markham, York Region, CA

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