Financial Analyst II

3 weeks ago

Minnetonka Mills, United States Michael Foods Inc. Full time
Business Unit Overview:

Michael Foods, Inc. is a leader in the food processing and distribution industry with business in egg products, refrigerated grocery and potato products. We offer exciting job possibilities throughout our organization where you can enhance your career, sharpen your talents and make an impact. Join our company and be part of an innovative team that’s First in Food.

Location Description:

Hopkins, MN is home to our Michael Foods, Inc. corporate headquarters. Hopkins is located 7 miles west of Minneapolis, boasting natural surroundings in a suburban environment that also provides quick access to major travel ways and local restaurants that give our community a distinct character. Located in the Excelsior Crossing building where employees are provided with beautifully landscaped walking paths and water features creating an optimal environment for outdoor and walking meetings, along with the opportunity to take a relaxing walk or outdoor lunch before, within, or after your work day.

Responsibilities:

POSITION SUMMARY:

The Financial Analyst II is responsible for pricing and revenue analysis for the Commercial business. Pricing duties include, but are not limited to, building customer pricing, profitability analysis, and preparation and administration of financial agreements. In addition, will participate in routine financial and accounting processes and provide timely, accurate, and reliable information to the business and assigned internal customer groups. Position involves partnering with internal and external customer groups.

DUTIES AND RESPONSIBILITIES:

  • Prepare and analyze pricing and financial measures for specific customer groups, inclusive of product pricing, program execution, and profitability analysis.
  • Analyze historical trends and external market conditions to help prepare recommendations for leadership to support Commercial business strategies.
  • Facilitate preparation and administration of financial agreements/commitments from information provided by internal customer groups as necessary.
  • Manage intake of and maintain customer or supplier contracts, profiles, and data to support future analysis and business decisions. Responsible for assigned customer pricing updates, ensuring accurate and timely execution.
  • Perform general accounting duties including, but not limited to, journal entries, account reconciliation and customer reconciliation.
  • Prepare monthly reporting and ad-hoc financial analysis as needed to support business.
  • Support month-end variance analysis to identify key drivers impacting sales volumes and revenue. Participate in Revenue forecasting and annual planning processes.
  • Monitor and assure business process and customer program compliance.
  • Manage workload, ensuring accurate and timely completion of deliverables, and engage in proactive communication when risk to meeting deadline to receive prioritization support.
  • Perform other duties as assigned.
Qualifications:

EDUCATION AND EXPERIENCE REQUIRED:

  • Bachelor’s Degree with emphasis in finance, accounting, or related field; will also accept equivalent combination of education, training, and experience.
  • 3+ years of experience in finance, accounting, and/or pricing, with demonstrated skills in financial analysis and reporting or financial accounting. Food or other manufacturing industry experience preferable.
  • Excellent communication with strong analytical, problem solving, and collaboration skills.
  • Demonstrated ability to manage workload, inclusive of collaborative prioritization and ensuring accurate and timely completion of work deliverables.
  • Proficient in Excel and ERP solutions (preferably SAP).

The above statements are intended to describe the general nature of the work and may not include all the duties associated with this position.

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