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Senior Financial Analyst (FP&A) – Foodservice

Hormel Foods Corporation

To save time applying, Hormel Foods does not offer sponsorship of job applicants for employment-based visas for this position at this time.

About Hormel Foods —** **_Inspired People. Inspired Food._** **™

Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with over $12 billion in annual revenue across more than 80 countries worldwide. Its brands include _Planters_ _®_ _, Skippy_ _®_ _, SPAM_ _®_ _, Hormel_ _®_ _Natural Choice_ _®_ _, Applegate_ _®_ _, Justin’s_ _®_ _, Wholly_ _®_ _, Hormel_ _®_ _Black Label_ _®_ _, Columbus_ _®_ , _Jennie-O_ ® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of the best companies to work for by U.S. News & World Report, one of America’s most responsible companies by Newsweek, recognized on Fast Company’s list of the 100 Best Workplaces for Innovators, received a perfect score of 100 on the 2023–24 Corporate Equality Index and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — _Inspired People. Inspired Food._ _™_ — to bring some of the world’s most trusted and iconic brands to tables across the globe. For more information, visit hormelfoods.com .

JOB DESCRIPTION:

As a Sr. Financial Analyst in the Foodservice Finance team, you will act as a business partner for a portfolio of Foodservice products in a critical role ensuring the financial integrity and profitability of the business through sound fundamentals in financial forecasting, planning, and reporting. The Sr. Financial Analyst is responsible for supporting strategic business initiatives as well as developing financial forecasts, variance reports and driver analysis to support their portfolio. This role provides an opportunity to serve as a strategic business partner for cross-functional partners and support key initiatives with high executive visibility.

RESPONSIBILITIES:

+ Responsible for period financial modeling, planning & reporting for Foodservice net sales inclusive of the Pizza Toppings, Deli, and Premium Prepared Proteins.

+ Acts as primary financial business partner for the assigned Foodservice portfolio of products. This includes providing monthly/quarterly/annual business analysis that identify variances against the Annual Operating Plan and forecast as well as quarterly written report to support the Foodservice Board of Directors report.

+ Identifies need for analysis and proactively uses internal and external data to uncover insights, leverage analytics, and unlock growth and cost savings opportunities for the organization.

+ Maintains the financial models and inputs for their respective business

+ Responsible for modeling and forecasting commodity cost impact on profitability. Supports customer contract and pricing updates.

+ Builds strong relationships manages timelines, coordinates and collaborates with cross functional teams including Marketing, Sales, Accounting, Supply Chain, Logistics, and other cross functional partners.

+ Able to leverage pricing strategies, advise on target margins and formula-based pricing models to drive strategic growth initiatives.

+ Financial owner for assigned portfolio, supporting the Demand Creation Review (DCR) and Integrated Reconciliation (IR) phases of the Integrated Business Process (IBP). Identifies and communicates risks and opportunities for their business.

+ Supports investment in business growth through Capex or Innovation by providing needed inputs and risk analysis for assigned portfolio.

+ Identifies opportunities and drives change in support of continuous improvement.

+ Performs ad-hoc financial analysis and provides insights for management as requested.

QUALIFICATIONS:

Required

+ Bachelor's degree in Finance, Accounting, Economics, or a related field.

+ 2+ years in Finance or related FP&A experience depending on level.

+ Strong communication and presentation skills.

+ Strong organizational skills and keen attention to detail.

+ Analytical and decision-making skills, including the ability to search and work-cross functionally to form recommendations.

+ Advanced Excel and modeling skills.

+ Professional verbal and written communication skills.

+ Demonstrated pattern of initiative and accountability.

+ Intellectual curiosity and resourcefulness.

+ Ability to work in a team environment on a variety of complex projects.

+ Ability to work across all levels of the organization.

+ Must be a Citizen or National of the United States, a lawful, permanent resident, or have authorization to work in the United States.

+ Applicants must not now, or in the future, require sponsorship for an employment visa.

Preferred

+ Advanced professional certification in analytics or finance.

+ 4+ years finance or related FP&A experience.

+ Familiarity with Tableau, QAD, Oracle cloud/SmartView.

+ Experience in Brand Finance, Finance, Marketing or Revenue Growth Management within Foodservice and/or CPG industry.

**LOCATION:** Austin, MN – this role is eligible for a comprehensive relocation benefit if needed.

At Hormel Foods, base pay is one part of our total compensation package and is determined within a range. The base hiring pay range for this role is between **$91,700-$128,400** **per year** , and your actual base pay within that range will depend upon a variety of factors including, but not limited to, job-related knowledge, skill set, level of experience, and geographic market location.

Other components of Hormel Foods’ total compensation package includes comprehensive medical, dental and vision coverage, discretionary annual merit increases, bonuses and profit sharing, 401(k) with employer match, stock purchase plan, relocation assistance, paid vacation, FREE two-year community/technical college tuition for children of employees, and more.

For immediate consideration, apply online at: www.hormelfoods.com/careers

_At Hormel we invite difference and diversity in all aspects. We offer a space of support, understanding, and community. We are committed to the journey! Learn more about our progress here:_** **_https://www.hormelfoods.com/about/diversity-and-inclusion/_

_Hormel Foods Corporation is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status._

**Requisition ID** : 29065

Hormel Foods Corporation is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, gender, sexual orientation, gender identity, national origin, disability, or veteran status.