Nissin Foods · 10 hours ago
Vice President, Finance
LA Metro Area
Full-time
Onsite
Lead/Staff, Director/Executive
5+ years expNissin Foods is a company known for its legacy in the instant noodle industry. They are seeking a Vice President of Finance to provide leadership in financial planning, business strategy development, and budget management while ensuring compliance with accounting principles.
Food & Beverages
Responsibilities
Oversee functions of financial operations
Provide strategy and tactical thinking as well as broad business insights. Take a leadership role in developing the financial strategy to report the long-term growth of the business, while continuing to drive operating efficiencies
Provide strategic financial input and leadership on decision-making issues affecting the organization, i.e., evaluation of capital investments, potential alliances, acquisitions and/or mergers, and investments
Provide Senior Management with timely and accurate information that is designed and presented in a usual and understandable format to effectively support operating initiatives and strategic alternatives
Prepare accurate and timely profit and loss statements, and other financial reports
Analyze trends, costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses
Report organization’s finances to management and offer suggestions about resource utilization, margin improvement, cost saving, and assumptions underlying budget forecasts
Work with Senior Management to develop and provide financial and operations KPI information
Lead the S&OP process alongside stakeholders from other departments and manage the process for highly accurate financial forecasting
Prepare monthly financial summary reports for Senior Management with highlights of current month’s major transactions and explanation of variances from the budget
Review General Ledgers ensuring proper reporting of transactions according to approved budget with supporting Corporate Controller and Accounting team
Collaborate with the Corporate Controller to manage provisions and reserves that impact the company's profit and loss
Work closely with the sales department to monitor trade spending and evaluate ROI
Support the CHRO and HR department, providing financial advice on HR strategy execution and labor cost management
Ensure compliance with local, state, and federal budgetary reporting requirements
Design, establish, and maintain an organizational structure to effectively accomplish the departments’ goals and objectives
Serve as primary government and external organizations liaison relative to financial issues
Team Leadership & Development
Supervise managers and staff by inspiring and developing team members with a clear vision for business that expands the team’s horizons and adds value to their efforts, managing optimal performance
Attract, develop, motivate and lead all direct and indirect reports, and external resources. Help to enhance a culture that is collaborative and consumer focused
Qualification
Required
Master's Degree in Finance, Accounting or Business with strong Accounting experience
Five (5) to Ten (10) years' experience in a mid to senior level finance or accounting position in a CPG manufacturing environment with extensive knowledge of standard costing and variance analysis
Strong technical skills in finance, accounting, budgeting, and cost control principles including GAAP and IFRS, FP&A and forecasting
Comfortable with multiple automated financial and accounting reporting systems, Excel, Power point and database, complex ERP, preferably Microsoft Dynamics, NAV
Knowledge of federal and state financial regulations
Knowledge of process improvement and project management
Ability to analyze financial data and prepare financial reports, statements and projections
Ability to analyze P&L by Brand and Customer, PPV, SG&A expenses by department, distribution cost by location and any other P&L related items
Working knowledge of short- and long-term budgeting and forecasting, rolling budgets, and product-line profitability analysis
Strong leadership ability to motivate and lead teams to produce quality materials within tight timeframes and simultaneously manage several projects
Ability to collaborate and build relationships at all levels of the organization
Strong business acumen and a sense of partnering
Preferred
CPA (Certified Public Accountant)
Company
Nissin Foods
In 1958, our founder, Momofuku Ando created the world’s first instant noodles. On a trip to the U.S. in 1966, Mr.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Taku Yokoyama
President & CFO at MYOJO USA
Recent News
Food Business News
2023-09-20
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