Firestone Pacific Foods, LLC

Job Title: Manager of FP&A

About Firestone Pacific Foods, LLC

Firestone Pacific Foods, LLC (FPF) is a top-tier, efficient processor of frozen fruit that has earned a strong reputation in the market for quality and food safety. FPF has sales relationships with leading US and international food retailers and US food service companies. The company is well positioned to achieve high double-digit annual growth in the highest growth frozen fruit category sub-segments including organic, private label and blended berry products. 

Agriculture Capital Fund II, an impact investment fund, acquired FPF in the fall of 2019 as part of its strategy to build out a low cost, vertically integrated supply chain of high quality, organic blueberries operating at scale to address growing global demand for this nutritious fruit. Together, FPF and Agriculture Capital seek to provide customers with product traceability back to the farm and a vehicle for creating and capturing value from Agriculture Capital’s regenerative agronomic practices. 

The Firestone Family began farming in the Vancouver, WA, in 1896. We are a fully integrated grower processing operation for domestic and export fruit customers. Our fruit is harvested at the peak of ripeness, processed in our state-of-the art facility, and packed for shipment, ensuring quality in every product from the farm where it was grown to the finished bag in the consumer’s freezer.

The FP&A Manager is responsible for leading the financial planning and analysis function within the organization. This role involves developing financial forecasts, analyzing financial performance, providing insights to support strategic decision-making, and collaborating with various departments to ensure alignment with organizational goals.

Responsibilities: 

Financial Planning and Forecasting:

• Manage the annual budgeting process
• Coordinate with department heads to gather budget inputs and assumptions
• Create detailed financial models to support the budgeting process
• Manage the rolling forecast and communicate changes in year-end landing to CFO

Reporting and Analysis:

• Prepare monthly actual vs budget variance analyses, conducting in-depth analysis of key business drivers 
• Analyze customer profitability and present underlying drivers of variance vs budget
• Identify trends, risks, and opportunities based on financial data
• Prepare borrowing base calculations for bank reporting
• Track working capital metrics (DSO, DPO, DII)
• Track labor hours, labor rate/lb and other production metrics vs plan, documenting drivers of variances
• Determine variances to standard COGS 
• Generate management reports to communicate financial performance

Business Analysis:

• Assess economics of a wide range of corporate initiatives and capital investments decisions, and present solutions to management; create models to translate actual results to leading indicators
• Own the customer bid process; partner with sales, logistics and other departments determine optimal selling prices to customers
• Provide insights to senior management to support strategic decision-making

Cross-functional Collaboration:

• Work closely with department heads and business leaders to understand their financial needs.
• Collaborate with accounting and finance teams to ensure accurate and timely financial reporting.
• Partner with other functional areas to support company-wide initiatives.

Process Improvement:

• Continuously review and enhance financial planning and analysis processes
• Implement best practices to improve efficiency and accuracy
• Leverage technology and automation tools to streamline workflows

Essential Job Requirement: 

• B.S degree in Accounting, Finance or related field
• Minimum of five years of full p&l FP&A responsibility
• Previous experience as FP&A manager
• Familiarity with standard costing of inventory
• Ability to work independently, including resolution of complex accounting issues in areas of responsibility
• Ability to analyze complex data, generate alternatives and clearly communicate salient findings to drive positive change
• Demonstrated understanding of key financial processes
• Excellent analytical skills
• Proactive approach to meeting deadlines, problem-solving
• Must have intermediate-advanced level of Excel skills
• Excellent organizational skills with attention to detail
• Ability to meet deadlines
• Excellent communication skills both verbal and written
• Must be collaborative, highly motivated and able to work under pressure during peak periods

This document describes the general nature and level of work performed by personnel assigned to this job classification. This document is not, however, an exhaustive list of all responsibilities, duties, and skills required of personnel so assigned. Firestone Pacific Foods reserves the right to add, revise, or delete job duties at any time.

Firestone Pacific Foods, Inc. is both Equal Opportunity, and At Will employer. The company does not discriminate on basis of race, age, sex, religion, marital status, or sexual orientation. Either Company or Employee can terminate the employment relationship at any time for any legally permissible reason. Reasonable accommodations will be made for qualified candidates/employees with disabilities.

All levels of management have approved this job description:

Officer________________________________________________________________

Human Resource____________________________________________________

Employee signature below constitutes employee’s understanding of the requirements, essential functions and duties of the position.

Employee___________________________________________________________Date______________

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