Summary
The Director, Procurement Finance will be responsible for maximizing the value of Supply Chain regarding Raw and Packaging materials (Commodity Risk Management), working with procurement teams in driving understanding of market dynamics, coordinating market positions within Chobani risk strategy and ensuring visibility on market risks and opportunities.
Responsibilities
- Directing financial planning and reporting processes for Raw and pack materials, driving and controlling productivity programs to deliver cost savings for all North America Spend areas.
- Leading financial assessments and analysis for Commodity Risk management, supporting the Global processes, and providing clarity for the Commodities and Forex hedge dynamic.
- Ultimate responsibility for the control process creation, maintenance, and support, ensuring clarity on decision rights, roles, and responsibilities.
- Liaising with the senior leadership team to lead the development, implementation, and achievements of sourcing strategies and plans.
- Providing financial leadership, guidance and analysis for major Procurement Raw, Packaging and Commodity restructuring and optimization initiatives
- Direct the support requirements, ensuring clarity on decision rights, roles, and responsibilities.
- Organize the Cost Card/BOM maintenance; pricing standard setting and controls, tune ups and monthly reports; AR/AP/Inventory clean up form EM's; Return/Write-off/ATD process creation support.
- Holding other corresponding stakeholders accountable for the ongoing execution regarding Price, Cost Card system update, Sales orders, and Inventory controls.
- Liaising with the senior leadership team to lead the development, implementation, and achievements of sourcing strategies and plans.
- Driving and controlling strategic programs to improve Cash Flow through payment terms extensions with suppliers, managing DPO planning and reporting, establishing and managing AWPT (average weight payment terms) per spend area.
- Controlling Procurement Overheads costs and restructuring programs to manage overheads within targets.
- Representing Finance in Procurement Leadership meetings and in Global Procurement Finance meetings, presenting monthly procurement financial performance to Senior Management and Global Procurement Leadership.
Requirements
- 7+ years of a broad financial experience in a manufacturing environment, preferably publicly traded CPG manufacturing company
- Bachelor’s degree in Finance, Accounting or Business required/ MBA preferred.
- Extremely systems savvy with exceptional Excel skills
- Strong business acumen, experience with business analysis and financial reporting
- High level of proven analytical ability to mine data, and translate data into actionable steps to drive improved business performance
- Ability to communicate analysis in a clear, succinct, and persuasive manner to all levels of the organization
- Outstanding leadership skills
- Outstanding analytical mindset with a desire to find the hidden opportunities for revenue growth and cost savings
- Strong team player who manages collaboratively with all stakeholders
- Strong influencing and communication skills, and ability to lead informal teams
- Ability to manage tight deadlines and work under pressure, managing multiple and changing priorities
- Ability to communicate analysis in a clear, succinct and persuasive manner
About Us
Chobani is a food maker with a mission of making high-quality and nutritious food accessible to more people, while elevating our communities and making the world a healthier place. In short: making good food for all. In support of this mission, Chobani is a purpose-driven, people-first, food-and-wellness-focused company, and has been since its founding in 2005 by Hamdi Ulukaya, an immigrant to the U.S. The Company manufactures yogurt, oat milk, and creamers – Chobani yogurt is America's No.1 yogurt brand, made with natural ingredients without artificial preservatives. Following the 2023 acquisition of La Colombe, a leading coffee roaster with a shared commitment to quality, craftmanship and impact, the Company began selling cold-pressed espresso and lattes on tap at 32 cafes, as well as Ready to Drink (RTD) coffee beverages at retail.
Chobani uses food as a force for good in the world – putting humanity first in everything it does. The company’s philanthropic efforts prioritize giving back to its communities and beyond: working to eradicate child hunger, supporting immigrants, refugees and underrepresented people, honoring veterans, and protecting the planet. Chobani manufactures its products in New York, Idaho, Michigan and Australia, and its products are available throughout North America and distributed in Australia and other select markets.
For more information, please visit www.chobani.com and www.lacolombe.com, or follow us on Facebook, Twitter, Instagram and LinkedIn.
Chobani is an equal opportunity employer. Chobani will not discriminate against any applicant for employment on any basis including, but not limited to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, military and/or veteran status, marital status, predisposing genetic characteristics and genetic information, or any other classification protected by federal, state, and local laws.
We offer a comprehensive benefits package, including medical, dental, vision coverage, 401K match, short- and long-term disability coverage, health savings accounts, flexible spending accounts, and tuition reimbursement. We are also proud to offer specialized benefits like health care navigation, mental health services, fertility assistance, and paid parental leave as well as 120 hours of PTO and 11 Holidays each year.
Compensation Range: $148,000.00 - $222,000.00, plus bonus.
