Beam Suntory is Crafting the Spirits that Stir the World. Rooted in two centuries of family heritage, Beam Suntory has evolved into the world's third largest leading premium spirits company ... where each employee is treated like family and trusted with legacy. With our greatest assets - our premium spirits and our people - we're driving growth through impactful marketing, innovation and an entrepreneurial spirit. Beam Suntory is a place where you can come Unleash your Spirit by making an impact each and every day.
The following position is is open in Clermont, KY., - Finance Business Partner - NA Co-Manufacturing
What makes this a great opportunity?
Managing & positively influencing the co-manufacturer performance
Proactive thought leadership and communication, showcasing important information leading to insights & decisions
Active engagement with cross functional stakeholders (e.g. brand / commercial), representing supply chain and overall cost structure, in support of driving category and BSI objectives
Ensuring accountability, including improving financial acumen of operational partners while driving action toward continuous improvement with urgency and attention to detail
Driving personnel development and growth of analytical capabilities
Role Responsibilities Role Mission and job responsibilities
Partner with the Supply Chain and Co-Manufacturing teams to provide thought partnership, decision support and financial leadership in the planning, analysis and controls of co-manufacturing activities in support of Beam Suntory. Includes full bottle strength, Ready-to-drink (RTD) and Ready-to-serve (RTS) outsourced production in North America
Develop Cost of Goods Sold financial plans (standard costs), in conjunction with the Supply Chain FP&A team, for all goods produced at Co-Manufacturing locations. Support the liquid planning process, linking co-manufacturing production to liquid supply needs
Weekly / Monthly co-man performance reporting, variance analysis and forecasting (including risks and opportunities). Including volume produced and shipped, inventory, excess and obsolescence and cost of goods sold. Monthly business review presentations with executive leadership
Tight cross functional collaboration with commercial, supply chain and RTD leadership to implement new ways of working. Leadership in leveraging internal and external best practices to drive profitable growth
Define / maintain a process and way of working for embedding excess & obsolescence (E&O) into product costing. Leading proactive efforts to minimize E&O exposure
Global Commercialization: Financial leadership for the product costing, decision support and financial insights related to projects involving a co-manufacturer
Active participation in the local and regional S&OP cycle to ensure decisions related to co-manufacturing activities include financial input. Deliver financial forecasts, risks and opportunities in conjunction with S&OP activities
Financial support for procurement and sourcing activities tied to co-manufacturing - including negotiations, contract development & review and insource / outsource opportunities
Identify, highlight areas of waste within the 'end to end' cost structure, drive improvement actions as needed.
Lead accounting, internal controls and financial reporting integration efforts as needed, in partnership with operations and the co-manufacturing partner
Is BSI Supply Chain and Co-Manufacturing Leadership satisfied with the level of partnership and service levels he / she and his / her staff are receiving from the finance team?
Are cost of goods sold plans (co-man related) well documented and based on solid, accurate assumptions?
Is the KPI and performance reporting for co-man accurate, timely and effective to drive the business?
Does the negotiation and contract management review process with co-manufacturers include finance team input and support, ensuring the company is adequately protected against (or aware of) financial risks as appropriate?
Are the accounting activities and internal control processes at co-mans in place and in adherence with corporate policies as appropriate?
Qualifications & Experience Education- Finance, Accounting or equivalent degree Certifications/Licensure- CPA or MBA preferred Years of experience- 7+ years work experience in Finance / Accounting Industry experience - N/A. Supply Chain, Manufacturing, Operations Finance experience is preferred Travel % - 10%
At Beam Suntory, people are our number one priority, and we believe our people grow together in diverse and inclusive environments where their unique insights, experiences and backgrounds are valued and respected. Beam Suntory is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, military veteran status and all other characteristics, attributes or choices protected by law. All recruitment and hiring decisions are based on an applicant's skills and experience.