Title of Role: Senior Financial Analyst- Operations
Department: Finance
East West Tea is seeking a talented, passionate, and experienced Senior Financial Analyst- Operations to join our Finance team in partnering with our North American Operations team to deliver our annual operating plan.
The Senior Financial Analyst- Operations is responsible in understanding the production operations and flow of inventory, using your analytical and cost accounting expertise to transform the business activity into actionable information. This role will be involved in Integrated Business Planning (IBP) to provide analysis and insight in to forward looking solutions around supply and demand planning. Providing strategic direction and recommendations in identifying and implementing cost savings opportunities.
WHO WE ARE:
We are the well-being company that exists to inspire and enhance everyday life through trust and good will. Our guiding principles, beliefs, and philosophies shape our identity. They are the essence of our culture and define how we do what we do.
We are Intentional – we chose to lead with positive intent. Mindful – we are present and aware of how we show up in the world. People – we value and respect all people and communities. Authentic – we are real and transparent with everything we do. Committed – we are committed to quality products while sustaining our planet. Trust – we consistently align our words with our actions.
OUR INVESTMENT IN YOU:
• We offer competitive compensation, including a generous annual bonus.
• We have exceptional wellbeing-focused benefits including health, dental, vision and alternative care, life and disability insurance, retirement, paid time off, company picnics, social activities, and a surprise every so often! Who doesn’t love a surprise?
• This position is located in Eugene, Oregon with a work from home option that provides the opportunity to work outside the office up to two days per week.
• As a certified B Corp, we’re a company that lives our values every day.
• We work in a LEED certified facility which prioritizes the planet in our daily operations and optimizes our employee experience while at work.
• We prioritize sustainability as a business by embedding it into our values, our strategic priorities, our decision-making, and our resource allocations.
• Our Nourish Market provides employees subsidized healthy lunch and snack options.
• We commit to our purpose in every aspect of our culture.
• We have employees that are committed to “Doing Good” in our community and around the world.
• We are a growing company with products that customers love.
• We believe in investing in you and your growth and development.
WHAT YOU’LL OWN:
Reporting and Reconciliations 50% of time
• Break data into meaningful actionable activities to improve financial and operational performance.
• Identify workflow inefficiencies and propose solutions to streamline processes necessary to support our rapid growth and cost efficiency.
• Assess performance trends and propose corrective measures in the case of deterioration related to KPIs and in support of continuous improvement initiatives.
• Provide effective analysis and understanding of COGS results, budget development, and variance reporting to Operations Leadership team and senior management by developing insightful reporting that helps to understand current financial performance and set the future direction of the organization.
• Prepare, present, and manage the excess and obsolescence report.
• Oversees all cost accounting and financial analysis reporting; monitors all relevant key performance indicators and reviews rate, volume, mix, efficiency, spending, and usage variances.
• Provide guidance and direction in understanding of standard manufacturing variances.
Transactional Processing 10% of time
• Responsible for reviewing accuracy and setting up the standard cost for labor overhead and bill of materials, including material usage, material price, routings and time consumed.
People and Process Management 10% of time
• Participate in sharing of best practices, including developing/documenting cost accounting policy and internal controls.
• Educates the organization on best practices and industry standards as a leader in your field.
• Regularly present to the production TEAm accurate and timely financial data and recommendations for corrections or success areas.
• Use every business interaction to educate managers on financial and strategic outcomes of everyday decisions.
• Actively engage in and contribute to plant meetings
Cross-Functional Collaboration 30% of time
• Provide a key role in forward looking financial forecasting as a contributor in our IBP (Integrated Business Process) strongly engaged in supply and demand planning.
• Partner effectively with accounting and cross departmentally to develop and implement ongoing cost savings strategies, benchmarking, and incorporating new practices and manufacturing strategies.
• Participate in the annual budget process working with Operations Leadership team and senior management, assisting as needed at various stages of the process.
• Partner with the Operations Leadership team on a regular basis to review and understand raw materials, work in process, finished goods, overhead cost drivers, and production variances.
• Parter with our Italian counterpart to share solutions and identify opportunities for global alignment.
• Partner with our North American Plant Director on a day to day and long-term strategic relationship to materialize the Yogi corporate, team, and individual vision, objectives, and initiatives.
• Provide meaningful insight and recommendations to site director
• Create and deliver informative and action driving presentations based on insightful analytical findings.
WHAT YOU KNOW AND HAVE EXPERIENCED:
• B.S. or B.A. in Accounting, Finance or equivalent experience [Min. 5 years of related work experience]
• Advanced degree, CMA, CPA preferred
• 5-7 years of progressively complex experience in a corporate finance office and cost accounting, preferably in a consumer products context, and the food and beverage industry
YOU’LL BE A GREAT FIT:
• Ability to take initiative, plan, and execute tasks independently
• Ability to balance attention to detail and swift execution
• Ability to collaborate effectively
• Clear and effective communication
• Manipulate, analyze and present data from multiple sources and across various formats
• Problem solving skills
WHAT WE DO:
We manufacture Yogi and Choice Organics brand products. Yogi has over 40 tea blends made from 140 exotic spices and botanicals sourced from 100% non-GMO growers around the globe. These herbal, green, and black teas are formulated for delicious taste and healthful benefits. Choice Organics offers a collection of organic traditional tea, herbal tea, and unique, flavorful organic tea blends. Choice teas are sourced exclusively from 100% organic and non-GMO growers around the world and are beautifully balanced to perfection for a full-flavored taste experience.
East West Tea Company is an equal opportunity employer. We value and respect each person's individuality and unique talents. We honor diversity and inclusion. The strength of our people and our guiding principles contribute to East West Tea's leadership and continued success in the natural tea category.