Financial Planning Analyst

Job Description
Financial Planning Analyst
Chicago (Franklin Park)
Salary Range: $74,000-90,000
On-site
Reporting to VP Operations
Position Summary
ProAmpac is looking for a financial analyst to play a key role at our manufacturing site. This position will partner with leadership on-site to drive business decisions through a deep understanding of complex Financial Planning in the manufacturing industry.
Apply today if you:

• Are a strategic financial planner who will make recommendations to protect the bottom line and manage the cash flow on site.
• Bring manufacturing experience (or retail experience). You understand material cost, shrinkage, and scrap
• Are hungry for growth. This role has tremendous growth opportunity within our global organization, and could accelerate into a leadership role overseeing multiple sites.

About the Company
ProAmpac is a leading global flexible packaging company with a comprehensive product offering. We provide creative packaging solutions, industry-leading customer service and award-winning innovation to a diverse global marketplace. We continue to grow and would love for you to join our team!
At ProAmpac, our culture is key to our long-term success. We strive to be authentic as we live out the heritage of our small business culture. We value the connections we've created, and our employees feel empowered in their shared efforts to innovate successfully. ProAmpac was founded on the idea that a focus on material science will drive innovative and sustainable solutions for our customers, supported by our five core values - Integrity, Intensity, Innovation, Involvement, and Impact - that foster a culture of speed, simplicity, and self-confidence.
Our company is made stronger by challenging ourselves and each other, while we move what matters forward. With a focus on performance and a passion for our work, we are not bound by organizational hierarchy. We are committed to serving our customers and the communities in which we work and live.
By joining us, you become an integral part of an entrepreneurial company in a fast-paced, exciting environment that provides varied opportunities for professional and personal growth.
ProAmpac Perks
ProAmpac is building a wellness culture through its PRO360 initiative: An interactive, fully integrated wellbeing program designed to engage, encourage, and reward all team members on their personal pathway to better health, wealth, growth, and community involvement. Our goal is to ensure 100% of team members achieve a basic level of wellness. Additionally, subject to applicable eligibility requirements, we offer full-time employees a variety of benefits including:

• Medical, dental and vision insurance
• 401(K) with exceptional company match
• Generous paid time off (PTO), plus 11 holidays per calendar year
• Free life and short-term disability insurance
• Wellness, employee discount and rewards programs
• Tuition reimbursement

Essential Skills Responsibilities
To perform this job successfully, a candidate will demonstrate the following skills and characteristics.
Strategic Financial Business Partner:

• Oversee Inventory accuracy from Financial standpoint. Oversee Operations to perform Cycle Counting (and accompanying metric) and Physical Inventories and ensure financial accuracy of both.
• Partner with Operations and Estimating to create a robust process of reviewing margin variances and taking appropriate action to correct where necessary to ensure we reach our estimated margin goals.
• Financial ownership to ensure that product costs are accurate and direct labor and overhead costs accurately reflect production operations.
• Analyze organization operations; identify opportunities for improvement, cost reduction and systems enhancement. Use data to gain insight and draw inferences between disparate data sets in order to make recommendations for programs and changes to policies, processes, staff and systems.
• Partner with cross-functional teams to anticipate business requirements, trends, and variances; develop action plans; measure and analyze results; identify and drive growth and improvement opportunities.
• Be a key participant in strategic and tactical planning discussions, providing analyses and insights to support the short-term and long-term financial success of strategic business goals.
• Monitor financial performance by measuring and analyzing results; initiating corrective actions, minimizing the impact of variance, identifying and mitigating potential risks.
• Support operational leadership with accurate analyses, metrics and reporting and develop collaborative working relationships to ensure a high level of utilization of team services for departmental needs.

Budgeting Forecasting:

• Oversee basic day to day accounting functions. Responsible for moth-end close activities to ensure appropriate accounting; prepare monthly and quarterly financial documents, variance review and updated financial projections.
• Manage Site Cash Flow per Corporate initiatives and goals.
• Lead the forecasting efforts of revenue, operating expenses, monetization initiatives and resource allocation.
• Responsible for forecasting profit and accomplishing financial objectives by calculating and analyzing costs, and reducing costs through increased efficiencies.
• Coordinate with Maintenance on property and building expenses, contract services and plan renovations.
• Oversee execution of CapEx CapEx projects on site.

Reporting Analysis:

• Provide information to Corporate to aid in preparation of the R D Expense Analysis for annual Tax Credit.
• Implement best practices in reporting and analysis across the organization (data integrity, test design, analysis, validation and documentation).
• Develop and communicate detailed reports and dashboards for senior leadership, consisting of financial summaries and metrics.
• Co-own the design, development and maintenance of ongoing metrics, reports, analyses, dashboards, etc. to drive key business decisions.

Financial Technology:

• Leverage ERP and Power BI systems to inform best practice, increase efficiencies and provide data for key business metrics. Participate in planning for disaster recovery, back-up, information security and control procedures.

All other duties and tasks as assigned
Key Competencies

• Ethical Conduct
• Problem Solving/Analysis
• Communication Proficiency
• Knowledge with ISO-2015
• Performance Management
• Leadership

Work Environment
Work primarily in a climate controlled indoor environment with minimal safety/health hazard potential. Hearing protection, safety shoes and vision protection required.
This role operates in a professional office environment that requires some exposure to a manufacturing environment. Employees are rarely exposed to non-toxic/nuisance smells from chemicals, airborne dust, moving mechanical parts, high noise levels and hot/humid environmental conditions in the manufacturing areas.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Employee is regularly required to stand; walk; use hands/fingers to type, hold, handle, or feel; and reach with hands and arms. The employee is regularly required to talk or hear. The employee must occasionally lift and/or move up to 10 pounds.
May be required to travel with some overnight stays.
Other Duties
Always take ownership, be accountable for your actions, your job and your team. This job description is a tool for you. Other job duties/projects may be assigned to you to meet business needs, this outline is not to be considered a detailed description. Good and reliable attendance, positive attitude and at or above job specific metrics and/or goals will reflect on your annual review.
Duties, responsibilities, and activities may change at any time with or without notice.
EEO Statement
ProAmpac provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other classification protected by state, federal, or local law. Further, the company takes affirmative action to ensure that applicants are employed, and employees are treated during employment without regard to any of these characteristics. Discrimination of any type will not be tolerated.
Requirements
Requirements
Education, experience, and skills:

• Bachelor's degree Finance, Accounting, Business Economics or equivalent business experience and 5+ years of progressively responsible experience, including 2-3 years' experience in Operations with an understanding of Manufacturing Methods and Procedures

• Excellent understanding of fundamentals/tools for ERP systems, MS Office (Advanced Excel user) and Power BI
• Knowledge of common best practice financial, accounting and business practices

• Must possess decisive style, strong analytical skills and ability to work independently and cross-functionally in dynamic, entrepreneurial environment(s)

• Ability to deal with multiple complex projects at once and be detail oriented with respect to ensuring deadlines are met without any negative impact to operations

• Confidence to work well under pressure while maintaining a high level of quality

• Ability to communicate ideas in both technical and user-friendly language
• Ability to identify and articulate Financial and Strategic Planning strategies
• Understanding of Risk Management

• Self-confident, self-motivated, professional

Preferences:

• Knowledge of raw materials, production processes, quality control, costs, and techniques for maximizing the effective manufacturing and distribution of goods is strongly preferred
• Knowledge of ISO-2015
• Progressive experience in purchasing and materials management is strongly preferred, but not required.
• Familiar with a variety of the packaging industry's concepts, practices, and procedures is preferred
• Knowledge of business and management principles involved in strategic planning, resource allocation, production methods, and coordination of people and resources is preferred.