What are the responsibilities and job description for the Lead Analyst, Supply Chain Finance position at The J.M. Smucker Co.?
Your Opportunity as the Lead Analyst, Supply Chain Finance
Turn market complexity into business impact. Partner across Procurement and Finance to transform commodity and cost data into actionable insights, shape forecasts, and guide strategic decisions. Drive standard cost planning, model market scenarios, support savings initiatives, and help the business navigate commodity volatility to deliver strong financial performance and long-term growth.
Location: Orrville, OH
Work Arrangements: Hybrid, 9 days in office per month or more depending on business needs
In This Role You Will
What we are looking for:
The Right Place for You
We are bold, kind, strive to do the right thing, we play to win, and we believe in a strong community that thrives together. Our culture is rooted in our Basic Beliefs, and we believe in supporting every employee by meeting their physical, emotional, and financial needs.
Stay connected with us on LinkedIn®
We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, genetic information, age, national origin, disability status or protected veteran status.
Turn market complexity into business impact. Partner across Procurement and Finance to transform commodity and cost data into actionable insights, shape forecasts, and guide strategic decisions. Drive standard cost planning, model market scenarios, support savings initiatives, and help the business navigate commodity volatility to deliver strong financial performance and long-term growth.
Location: Orrville, OH
Work Arrangements: Hybrid, 9 days in office per month or more depending on business needs
In This Role You Will
- Support the Procurement Function through the Annual Standard Cost development process.
- Ensure accuracy of submitted costs as they are foundational to the COPS Annual Financial Plan.
- Explain key drivers of year-over-year changes and future market outlook to Procurement Leadership and SBA Finance partners.
- Provide analytical data and support to the Buyers on actual, forecasted, and planned performance.
- Partner with the Buyers to build a thorough monthly Purchase Price Variance (PPV) forecast.
- Explain key drivers of forecasted variances to Procurement Leadership and SBA Finance partners in monthly presentations and reporting.
- Take responsibility for the PPV forecast submission to the financial system.
- Support team members in Cost Bridge preparation, including reconciliation of expectations and commentary on drivers.
- Align with the Hedge Accounting team on Commodity performance/outlook and ensure consistent reporting/communication is delivered to Procurement and Finance.
- Model “what if” scenarios and provide financial metrics related to major commodity price movements impacting the SBAs and/or Brands.
- Participate in the evaluation of Savings Projects / Transformation Initiatives and track performance from implementation through completion.
- Cross-train with other Commodity Lead Analysts for the purpose of identifying standardization opportunities and providing business continuity.
What we are looking for:
- Bachelor's degree in Finance, Accounting, Economics, Supply Chain, Business Analytics, or a related field
- 4 years in supply chain finance, procurement finance, cost accounting, or plant/manufacturing finance
- Ability to analyze large data sets, identify trends, and translate into clear insights and actions
- Ability to communicate financial concepts to stakeholders (buyers/procurement leaders)
- Highly detail-oriented with strong controls/accuracy
- Experience with commodity-sensitive environments (food, CPG, manufacturing, chemicals, packaging, etc.)
- Experience with PPV and standard cost planning
- Familiarity with hedge accounting concepts and commodity risk management
- Exposure to savings initiatives including tracking savings realization
The Right Place for You
We are bold, kind, strive to do the right thing, we play to win, and we believe in a strong community that thrives together. Our culture is rooted in our Basic Beliefs, and we believe in supporting every employee by meeting their physical, emotional, and financial needs.
Stay connected with us on LinkedIn®
We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, genetic information, age, national origin, disability status or protected veteran status.