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Senior Financial Analyst

Bay State Milling
Full-time
On-site
Wichita, Kansas, United States

ABOUT BAY STATE MILLING:

Bay State Milling is a family-owned company with a strategic intent to support the growth of the next generation of grain-based foods in North America by providing the leading array of plant-based ingredients. Since 1899, we have proudly provided exceptional quality flour and grain products, and we continue to build on our legacy as we bring new supply chains and technologies into our realm of capabilities.ย  Our Core purpose is to provide food ingredients to promote the growth of healthful and affordable food choices for the consumer.

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We recognize that the universe of grain-based foods is constantly changing and responding to consumersโ€™ desire for variety, healthfulness, great taste and affordability in their food choices. We are not afraid of change; in fact, we believe that change cultivates opportunity. Our goal is to stay a step ahead of our customerโ€™s needs, while always maintaining the trust they have placed in us for generations. We are committed to maintaining our Core Values of INTEGRITY, QUALITY, CREATIVITY, CARING, and COLLABORATION in pursuit of achieving this goal.

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SUMMARY

The Senior Financial Analyst is an integral team member of the Core Wheat Milling business unit finance team. The position reports to the Business Unit Controller and will interact with all levels of the organization spanning sales, supply chain, corporate shared services, manufacturing locations and senior management.

The Senior Financial Analyst role will support the month end close process with daily support assuring contracts, deliveries and manufacturing results are represented accurately. Conduct in depth analysis with monthly mill manufacturing performance including commodity, material, and manufacturing variances.ย 

The position requires developed analytical skill sets, ability to analyze and reconcile data, and fulfill the required finance and accounting responsibilities. This position will reside in our Wichita, KS office providing a flexible work arrangement combination of at home and in office work environments.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following.ย  Other duties may be assigned.

  • Perform timely completion of month-end financial close activities, operational results analysis, general ledger postings, and reconciliation of financial variances to standards

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  • Provide detailed account reconciliations and analysis to support the balance sheet for assigned accounts

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  • Conduct reconciliations with intra/intercompany activities

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  • Ensure raw material and finished goods have been costed properly and product margins are reflected accurately

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  • Supports financial modeling projecting the impact of changes in sales, manufacturing cost or cost adjustment impacts to finished goods pricing

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  • Supports understanding manufacturing costs, product profitability, cost variances and mark-to-market computations

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  • Support plant management to analyze cost variances, expenditures, inventory reconciliations and material losses

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  • Manage product formulations in partnership with Quality Assurance

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  • Assist and support external auditors as part of the annual audit

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  • Ensure standard company controls and compliance is adhered to

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  • Create ad hoc reporting and analysis as needed

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QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.ย  The requirements listed below are representative of the knowledge, skill, and/or ability required.ย  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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  • S. in Accounting, Finance, Business Administration or Economics
  • Minimum 4 years of accounting experience preferably in an agricultural processing (e.g. milling, crushing, or refining) or other commodity processing
  • Manufacturing plant experience a plus
  • High level of proficiency with Microsoft Office, strong Excel ability required
  • Experience with Microsoft AX a strong plus

OTHER REQUIREMENTS

  • Ability to build trust-based relationships, demonstrate strong interpersonal communication skills, and collaborate with senior, junior and peer colleagues across organizational boundaries to optimize the achievement of the business unit objectives
  • Understanding of commodity pricing, position tracking, mark-to-market, and variance analysis related to raw materials tied directly to traded commodities skill sets desired
  • Experience in commodity processing performance variance analysis
  • Experience with connecting operating metrics to financial results
  • Excellent verbal and written communication skills
  • Some knowledge of Generally Accepted Accounting Principals
  • Highest standards of accuracy, organization, and precision
  • Unquestionable integrity and personal ethics
  • Ability to work effectively in a team environment
  • Self-motivated individual with the ability to problem solve and work independently with a minimum level of supervision

LANGUAGE SKILLSย ย ย 

English fluency is essential.ย  Must have strong verbal and written communication skills, with ability to respond to either common and sensitive inquiries or complaints from internal and external customers. High attention to detail and a keen eye for esthetics.ย ย 

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MATHEMATICAL AND COMPUTER SKILLSย ย 

Competency in Spreadsheet and Word Processing software required (Microsoft Excel, Word and PowerPoint windows applications preferred). The ability to adopt emerging technology resources is a plus.ย  The ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations is essential.

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REASONING ABILITYย 

Must possess acumen and judgment in business situations, with ability to define problems, collect data, establish facts, and draw valid conclusions.ย 

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OTHER SKILLS & ABILITIES

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.ย  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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While performing the duties of this job, the employee is regularly required to talk or listen.ย  The employee frequently is required to sit or stand.ย  The Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.

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WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.ย  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

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While performing the duties of this job, the employee is generally exposed to a nonmanufacturing, office type environment and minimal exposure to noise, dust, and industrial type machinery.

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