Financial Analyst
Job Location: Toronto
Company description
Ferrero is a family-owned company with a truly progressive and global outlook and iconic brands such as Nutella®, Tic Tac®, Ferrero Rocher®, Raffaello®, Kinder Bueno® and Kinder Surprise®. As the love for our brands continues to grow, so too does our global reach. Represented in more than 50 countries, with products sold in more than 170, the Ferrero Group is loved by generations around the world. The secret to our global success? 40,000 dedicated employees who celebrate care and quality to craft a business, careers and brands we are proud of. Join us, and you could be one of them.
About the Role:
We are looking for a financial analyst to join our growing team in Toronto! The Sales Finance Analyst is responsible for supporting the Sales Finance & Planning Manager by providing analytical and decision support on Corporate, Customer & Product Net Sales. This is a high collaboration role requiring the incumbent to act as a key finance business partner to customer teams.
Main Responsibilities:
• Prepare scorecards for customer teams on a weekly basis, proactively identifying variances on all Gross to Net components, and effectively raise alarms as needed
• Provide analytical support to Sales Finance Manager for Monthly Trade Reviews with Leadership team
• Maintain and analyze Markdowns, Liquidations and Destructions for all channels and customers, presenting key findings to Sales Finance Manager monthly
• Prepare, analyze, and lead reviews with leadership team on Customer Direct Margin whilst tracking channel and account spend rates
• Assist Sales Finance Manager with month-end activities and financials review, highlighting variances vs budget, prior-year, and other comparative benchmarks, decomposing results, and driving insights with data
• Partner with Sales, Trade Marketing & Revenue Management teams to lead analysis and recommendations with respect to incremental business opportunities, trade spend ROI and feasibility of trade program proposals
• Prepare, analyze, and own submissions for customer and product profitability, highlighting drivers behind Net Sales variance(s)
• Prepare, analyze, and own submissions of Weekly Sales data to Region and Monthly Letter financial inputs for Country Leadership
• Assist Planning Manager during annual budget & target setting process by developing tools, templates and providing analytical support and insights
• Champion continuous process improvements including system updates and enhancements
• Review formulas/templates, develop dashboards (BI) and create consistent measurements for tracking
Who we are looking for:
• 3+ years of experience within Finance, preferably supporting Sales and Customer teams
• Relevant experience in financial planning & analysis or sales & commercial finance, preferably in the CPG industry
• Financial designation (CPA) preferred
• Strong analytical skills and ability to work independently to identify issues and provide solutions
• Advanced to expert in Microsoft Excel & PowerPoint
• Proficiency with ERP (SAP finance modules)
• Proficiency with business intelligence tools (PowerBI / Tableau)
• Strong communication and negotiation skills
How to be successful in the role and at Ferrero:
Consumers, quality and care are at the heart of everything we do. So, to be successful at Ferrero, you’ll need to be just as consumer and product centric as we are - dedicated to crafting brilliant results for consumers around the world.
Diversity Statement
Ferrero is committed to building a diverse and inclusive culture in which all employees feel welcomed and appreciated and have the same opportunities. We believe all of our people are equally talented in their own way. In nurturing the curiosity and natural abilities of our employees, we provide them, generation after generation, the means to succeed personally and professionally, enabling them to craft their journey at Ferrero. The diversity of our talents is what makes our work environment multicultural, innovative and highly rewarding.