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Finance Manager, Inventory

4 months ago

Bradenton, United States Tropicana Brands Group Full time
About Tropicana Brands Group

The launch of Tropicana Brands Group represents an exciting fusion of some of the world's most beloved and up-and-coming brands in the juice category, including Tropicana, Naked, KeVita, Izze, Dole, Copella and Punica. Established in 2022 as a joint venture between PAI Partners and PepsiCo, our new company blends the best of two worlds: one steeped in industry-leading expertise and the heritage of prestige juice brands, and another rooted in a true entrepreneurial, agile mindset.

With a global footprint of more than 2,000 associates that spans North America and Europe, we are proud of our industry-leading capabilities in areas that include innovation, R&D, manufacturing, distribution, sales, marketing and nutrition expertise.

The company's focused on the vision to quench the world's thirst for more delight and nourishment, while continuing to build upon the many important diversity, sustainability, local community and philanthropic activities that our people and brands have historically supported.

Key Responsibilities:

Tropicana Brands Group is looking for a highly qualified Inventory Finance Manager to support the Supply Chain Finance team to ensure the company's goals and initiatives are met.

This role will be responsible for supporting all aspects of global inventory including analyzing actuals, forecasting, and planning. Additionally, responsibilities include analyzing, monitoring, communicating, and driving the reduction of expired product for finished goods, raw materials, packaging materials, and work in process for both ambient and chilled at both internal and external facilities. Tropicana is looking for a critical thinker with exceptional communication, influencing and relationship management skills who thrives in a fast-paced environment.

Additional Responsibilities:

  • Drive consistent awareness of inventory levels and working capital impact across the organization by conducting comprehensive analysis of actuals and developing timely accurate forecasting and planning.
  • Lead analysis, communication, and improvement of inventory unit/dollar levels as well as DIOH.
  • Lead the development of the Annual Operating Plan (AOP) and subsequent forecast updates for all inventory and expired products at both internal and external facilities.
  • Analyze monthly results to provide in-depth commentary and insights versus AOP, forecast and prior year.
  • Collaborate and align with planning to build accurate forecasts and assess for risks and opportunities.
  • Develop and maintain comprehensive inventory and write-off reserve KPI dashboards and reporting.
  • Collaborate with cross functional partners in supply chain and the business unit by providing risk analysis and forward-looking insights on emerging trends and current market conditions.
  • Provide accurate monthly cash flow/working capital analysis and forecast for global inventory.
  • Develop, implement, and maintain inventory and write-off reserves forecast process and reporting.
  • Co-lead monthly inventory alignment meeting with CFO Supply Chain, CSO, and VP Planning.
  • Lead analysis and monitoring of all product expiration reserves and write-offs. (Internal and external)
  • Develop and manage global process for the disposal of finished goods, raw materials, packaging materials, and work in process at both internal and external facilities. This includes formal approval levels and documentation and communication of all write-offs.
  • Provide finance support and guidance for all inventory sales or disposals with outside firms.
  • Ensure 100% compliance for any SOX testing requirements specific to this role.
Requirements:
  • Undergraduate degree in Business, Finance or Accounting, MBA a plus
  • 7+ years in finance or accounting, CPG experience a plus
  • 3+ years of supply chain finance or inventory finance experience
  • Experience in SAP or Oracle. Power BI a plus
  • Excellent analytical and problem-solving skills and the ability to translate analytical findings into actionable solutions and processes to drive measurable business results
  • Excellent verbal and written communication skills
  • Extremely versatile in fast-paced ambiguous environment with drive for results
  • Experience planning and leading strategic initiatives in a fast-moving environment
  • Possess a strong sense of urgency and able to deal with ambiguity
  • Inquisitive and critical thinker with the ability to drive thought leadership
  • Ability to successfully interact and partner with all levels of leadership across the organization
  • Results driven team player with a passion for success


Benefits Overview:

TBG is pleased to offer you a comprehensive benefits package which includes medical, dental, vision, company provided life, STD and LTD insurance. In addition, you may also elect to participate in voluntary life, accident, hospital, and critical illness coverages.

TBG offers a 401(k) plan administered through Fidelity which allows you to contribute pre- or post-tax dollars and invest as you choose to save for retirement. TBG makes employer matching contributions to your 401(k) account and will contribute 100% of the first 3% and an additional 50% of the next 2% for a total of a 4% company contribution.

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