What are the responsibilities and job description for the Sr Financial Analyst Co-Pilot position at Nestlé Health Science?
At Nestlé Health Science, we believe that nutrition, science, and wellness must merge, not collide. Here, we embrace the intrinsic connections of these three pillars, harnessing their collective strength to empower healthier lives. Our broad product portfolio includes renowned brands like Garden of Life®, Nature's Bounty®, Vital Proteins®, Orgain®, Nuun®, BOOST®, Carnation Breakfast Essentials®, Peptamen®, Compleat Organic Blends®, and more. We also have extensive pharmaceutical expertise, offering innovative medicines that aim to prevent, manage, and treat gastrointestinal and metabolic-related diseases.
At Nestlé Health Science, we bring our best for better lives. Our people are challenged to bring fresh, diverse views and make bold moves to empower healthier lives through nutrition. We know brilliant ideas can come from anyone, anywhere. Here we embrace the entrepreneurial spirit and collaborate with teams that champion focused and forward thinking. We are committed to fostering professional growth and celebrating the achievements of our people along the way. We offer dynamic career paths, robust development, opportunities to learn from talented colleagues around the globe, and benefits that support physical, financial, and emotional wellbeing.
Join us to innovate for impact and reimagine the future of health and nutrition for patients and consumers.
Position Summary
This Co-Pilot role is a great opportunity that will see you playing a co-leadership role by providing the teams with accurate and timely financial information and analyses, making and implementing sound recommendations to profitably grow the business, as well as optimizing existing product portfolios. You will operate as a key Co-pilot resource, supporting the Finance Director, in streamlining processes and implementing standard methodologies across the businesses (i.e. directing collaborative financial and operational planning processes, reducing expenses, and partnering with cross-functional leaders to drive strong ROI on investments).
You will strategize with the BOOST & Carnation Breakfast Essentials (CBE) teams on top line growth, optimizing Trade/Coupons/Product Fixed Marketing Spend (PFME)/COGS, coordinating month end close and the dynamic forecasting process. This would include updating teams on actual spend vs budget, MC/cost analysis, and early detection of potential variances throughout the entire P&L.
In addition to working with the marketing function on product innovations and long-term strategy for key growth drivers, this position will also provide work closely with other business functions (i.e. Sales, Customer Strategy, Supply Chain Finance etc.) to provide timely, accurate, and insightful financial analysis. Inclusive of analyzing profitability throughout the annual planning cycle, forecast submissions, marketing spend, and innovations / renovation projects, this position will provide clear/effective reporting of financial results in order to drive business optimization and process improvement. Lastly, a key ability will be to handle special assignments/audits as required.
This is a remote role with anticipated monthly travel to our corporate office in Bridgewater, NJ. Top consideration will be given to candidates local to our corporate office.
Key Responsibilities
Nestlé offers performance-based incentives and a competitive total rewards package, which includes a 401k with company match, healthcare coverage and a broad range of other benefits. Incentives and/or benefit packages may vary depending on the position. Learn more at About Us | Nestlé Careers (nestlejobs.com)
Employee Referral Incentive: $1,000
It is our business imperative to remain a very inclusive workplace.
To our veterans and separated service members, you're at the forefront of our minds as we recruit top talent to join Nestlé. The skills you've gained while serving our country, such as flexibility, agility, and leadership, are much like the skills that will make you successful in this role. In addition, with our commitment to an inclusive work environment, we recognize the exceptional engagement and innovation displayed by individuals with disabilities. Nestlé seeks such skilled and qualified individuals to share our mission where you’ll join a cohort of others who have chosen to call Nestlé home.
The Nestlé Companies are equal employment opportunity employers. All applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status or any other characteristic protected by applicable law. Prior to the next step in the recruiting process, we welcome you to inform us confidentially if you may require any special accommodations in order to participate fully in our recruitment experience. Contact us at accommodations@nestle.com or please dial 711 and provide this number to the operator: 1-800-321-6467.
This position is not eligible for Visa Sponsorship.
Review our applicant privacy notice before applying at https://www.nestlejobs.com/privacy.
Job Requisition: 399136
#Salaried
At Nestlé Health Science, we bring our best for better lives. Our people are challenged to bring fresh, diverse views and make bold moves to empower healthier lives through nutrition. We know brilliant ideas can come from anyone, anywhere. Here we embrace the entrepreneurial spirit and collaborate with teams that champion focused and forward thinking. We are committed to fostering professional growth and celebrating the achievements of our people along the way. We offer dynamic career paths, robust development, opportunities to learn from talented colleagues around the globe, and benefits that support physical, financial, and emotional wellbeing.
Join us to innovate for impact and reimagine the future of health and nutrition for patients and consumers.
Position Summary
This Co-Pilot role is a great opportunity that will see you playing a co-leadership role by providing the teams with accurate and timely financial information and analyses, making and implementing sound recommendations to profitably grow the business, as well as optimizing existing product portfolios. You will operate as a key Co-pilot resource, supporting the Finance Director, in streamlining processes and implementing standard methodologies across the businesses (i.e. directing collaborative financial and operational planning processes, reducing expenses, and partnering with cross-functional leaders to drive strong ROI on investments).
You will strategize with the BOOST & Carnation Breakfast Essentials (CBE) teams on top line growth, optimizing Trade/Coupons/Product Fixed Marketing Spend (PFME)/COGS, coordinating month end close and the dynamic forecasting process. This would include updating teams on actual spend vs budget, MC/cost analysis, and early detection of potential variances throughout the entire P&L.
In addition to working with the marketing function on product innovations and long-term strategy for key growth drivers, this position will also provide work closely with other business functions (i.e. Sales, Customer Strategy, Supply Chain Finance etc.) to provide timely, accurate, and insightful financial analysis. Inclusive of analyzing profitability throughout the annual planning cycle, forecast submissions, marketing spend, and innovations / renovation projects, this position will provide clear/effective reporting of financial results in order to drive business optimization and process improvement. Lastly, a key ability will be to handle special assignments/audits as required.
This is a remote role with anticipated monthly travel to our corporate office in Bridgewater, NJ. Top consideration will be given to candidates local to our corporate office.
Key Responsibilities
- Finance support for the product innovation / renovation (I2L) projects by working with project lead on P&L scenarios (volume, pricing, COGS, other costs) while benchmarking against financial hurdles.
- Full P&L budget management through continuous interactions with sales and marketing teams. Reviewing available funds, monthly phasing for forecasting accuracy, validating/approving budget changes, and Pricing vs RIG analysis.
- Partner with Finance Operations and Supply Chain teams in order to optimize VDE/COGS and other total delivered cost
- Support & ensure accurate monthly P&L forecasts through active participation in the monthly business planning meetings, trade, and inputting forecasts into FIT Tool for reporting.
- Provide strategic direction to cross functional teams to drive right MC/product mix
- Support Period End Close (PEC) processes, ensure P&L financial integrity/accuracy, perform variance analysis to inform future forecasting (YTD performance/YTG forecasting), create financial reports, and assist in creating presentations to support business needs
- Ad hoc requests while continually evaluating and challenging processes and reporting practices; implementing changes as needed.
- Bachelor Degree in Finance or Accounting required, MBA a plus
- Minimum of 3-4 years’ experience in Finance Management &/or Accounting
- Background in consumer products, manufacturing environment a plus
- Advanced Excel modeling skills
- Strong analytical skills
- Strong ability to interpret data, identify and communicate potential opportunities and risks
- Experience using SAP
- Nestlé Accounting Standards (NAS) working knowledge - for internal candidates
- Ability to understand and communicate the drivers of product profit and loss
- Ability to sift through and analyze data and present insights in a concise and structured manner.
- Intermediate to advanced financial modeling skills
- Knowledge of the principles of cost accounting and activity-based costing
- Ideal candidate has an end-to-end business mindset, is results focused, a self-starter with high initiative, naturally inquisitive, able to think independently and has a desire to make a difference
- Commitment to deliver accurate financial analytics with first time quality and high level of thought leadership in all work
- Strong ability to work with in a cross-functional and high ability to adapt quickly to changes
Nestlé offers performance-based incentives and a competitive total rewards package, which includes a 401k with company match, healthcare coverage and a broad range of other benefits. Incentives and/or benefit packages may vary depending on the position. Learn more at About Us | Nestlé Careers (nestlejobs.com)
Employee Referral Incentive: $1,000
It is our business imperative to remain a very inclusive workplace.
To our veterans and separated service members, you're at the forefront of our minds as we recruit top talent to join Nestlé. The skills you've gained while serving our country, such as flexibility, agility, and leadership, are much like the skills that will make you successful in this role. In addition, with our commitment to an inclusive work environment, we recognize the exceptional engagement and innovation displayed by individuals with disabilities. Nestlé seeks such skilled and qualified individuals to share our mission where you’ll join a cohort of others who have chosen to call Nestlé home.
The Nestlé Companies are equal employment opportunity employers. All applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status or any other characteristic protected by applicable law. Prior to the next step in the recruiting process, we welcome you to inform us confidentially if you may require any special accommodations in order to participate fully in our recruitment experience. Contact us at accommodations@nestle.com or please dial 711 and provide this number to the operator: 1-800-321-6467.
This position is not eligible for Visa Sponsorship.
Review our applicant privacy notice before applying at https://www.nestlejobs.com/privacy.
Job Requisition: 399136
#Salaried
Salary : $88,000 - $102,000