Associate Finance Manager, Global Sourcing-Indirect & Payment Terms
Company
General Mills
Location
Minneapolis–Saint Paul, MN
Type
Full Time
Job Description
Associate Finance Manager, Global Sourcing Indirect and Payment Terms
OVERVIEW
The Associate Finance Manager (AFM) for Global Sourcing, Indirects and Payment Terms offers an opportunity to develop leadership, enterprise advocacy, cross functional partnership, governance and analytical capabilities. This role is uniquely positioned to govern policy, develop third party relationships with Supply Chain (SC) Finance providers and influence value to both the income statement and balance sheet.
Global Sourcing manages the procurement of raw materials and Indirect services across the enterprise. It is a highly dynamic supply chain function with influence and leadership across all Regions, Corporate and Global Supply Chain. The Global Sourcing finance team supports the operation and spend management of over $11B in annual spend.
This high visibility role on the Global Sourcing finance team will have responsibility for our Global Sourcing Indirect category business partnership as well as ownership of our enterprise Payment Terms policy and practices.
KEY ACCOUNTABILITIES
- Partner with cross functional partners to lead a strong operational control environment through ownership of our Payment Term Policy. Provide governance expertise and process excellence along the way to ensure compliance to our Accounting & Control policies and audit readiness
- Partner to develop and deliver annual working capital improvement plan via Payment Terms
- Own third party vendor relationships for SC financing solutions
- Support supplier negotiations to ensure optimal pricing and payment terms
- Partner cross functionally to develop and execute long term supply chain financing strategies
- Advance finance's capability and support for Global Indirect categories (Transportation, Warehouse, Corp Services, SC services, D&T, Capital, media, etc) to deliver against annual objectives (Cost Savings, Operational KPI's)
- Draw insights leveraging data & analytics to enable strategic business decisions and translate insights to actionable solutions. All while maintaining candor and an external mindset.
- Provide clear, concise summaries of performance with functional and cross functional business partners
- Build strong relationships with cross-functional team, Region Finance teams, NA Sourcing Finance team and work across the matrix to deliver results via candid communication and productive discourse.
MINIMUM QUALIFICATIONS
- Bachelor's Degree in Accounting, Finance, Economics or related field
- 5+ years of related experience
- Strong analytical skills and problem-solving ability
- Demonstrated ability to be proactive, respond quickly, and adjust to changes
- Process oriented, able to make process improvements, and effectively organize work
- Strong communication skills to influence stakeholders
PREFERRED QUALIFICATIONS
- Working knowledge of GMI systems including AFO, SAP, CMT
- Project management experience
- Prior supply chain or P&A experience
COMPANY OVERVIEW
We exist to make food the world loves. But we do more than that. Our company is a place that prioritizes being a force for good, a place to expand learning, explore new perspectives and reimagine new possibilities, every day. We look for people who want to bring their best - bold thinkers with big hearts who challenge one other and grow together. Because becoming the undisputed leader in food means surrounding ourselves with people who are hungry for what's next.
Salary Range
The salary range for this position is $90100.00 - $135300.00 / Annually. At General Mills we strive for each employee's pay at any point in their career to reflect their experiences performance and skills for their current role. The salary range for this role represents the numerous factors considered in the hiring decisions including, but not limited to, educations, skills, work experience, certifications, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range. Beyond base salary, General Mills offers a competitive Total Rewards package focusing on your overall well-being. We are proud to offer a foundation of health benefits, retirement and financial wellbeing, time off programs, wellbeing support and perks. Benefits may vary by role, country, region, union status, and other employment status factors. You may also be eligible to participate in an annual incentive program. An incentive award, if any, depends on various factors, including, individual and organizational performance.
Date Posted
03/12/2024
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