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Vice President, Finance
Vice President, FinanceNissin Foods • Gardena, CA, US
Vice President, Finance

Vice President, Finance

Nissin Foods • Gardena, CA, US
5 days ago
Job type
  • Full-time
Job description

Job Description

Job Description

Job Summary

Provide leadership and coordination of company financial planning, business strategy development, and budget management functions and ensure company accounting procedures and reporting conform to generally accepted accounting principles. Also serves as co-pilot to CFO.

Essential Duties and Responsibilities

  • Oversee functions of financial operations.
  • Provide strategy and tactical thinking as well as broad business insights. Take a leadership role in developing the financial strategy to report the long-term growth of the business, while continuing to drive operating efficiencies.
  • Provide strategic financial input and leadership on decision-making issues affecting the organization, i.e., evaluation of capital investments, potential alliances, acquisitions and / or mergers, and investments.
  • Provide Senior Management with timely and accurate information that is designed and presented in a usual and understandable format to effectively support operating initiatives and strategic alternatives.
  • Prepare accurate and timely profit and loss statements, and other financial reports.
  • Analyze trends, costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses.
  • Report organization’s finances to management and offer suggestions about resource utilization, margin improvement, cost saving, and assumptions underlying budget forecasts.
  • Work with Senior Management to develop and provide financial and operations KPI information.
  • Lead the S&OP process alongside stakeholders from other departments and manage the process for highly accurate financial forecasting.
  • Prepare monthly financial summary reports for Senior Management with highlights of current month’s major transactions and explanation of variances from the budget.
  • Review General Ledgers ensuring proper reporting of transactions according to approved budget with supporting Corporate Controller and Accounting team.
  • Collaborate with the Corporate Controller to manage provisions and reserves that impact the company's profit and loss.
  • Work closely with the sales department to monitor trade spending and evaluate ROI.
  • Support the CHRO and HR department, providing financial advice on HR strategy execution and labor cost management.
  • Ensure compliance with local, state, and federal budgetary reporting requirements.
  • Design, establish, and maintain an organizational structure to effectively accomplish the departments’ goals and objectives.
  • Serve as primary government and external organizations liaison relative to financial issues.
  • Team Leadership & Development
  • Supervise managers and staff by inspiring and developing team members with a clear vision for business that expands the team’s horizons and adds value to their efforts, managing optimal performance.
  • Attract, develop, motivate and lead all direct and indirect reports, and external resources. Help to enhance a culture that is collaborative and consumer focused.

Qualifications and Requirements

Required :

  • Master’s Degree in Finance, Accounting or Business with strong Accounting experience.
  • Five (5) to Ten (10) years’ experience in a mid to senior level finance or accounting position in a CPG manufacturing environment with extensive knowledge of standard costing and variance analysis.
  • Strong technical skills in finance, accounting, budgeting, and cost control principles including GAAP and IFRS, FP&A and forecasting.
  • Comfortable with multiple automated financial and accounting reporting systems, Excel, Power point and database, complex ERP, preferably Microsoft Dynamics, NAV.
  • Knowledge of federal and state financial regulations.
  • Knowledge of process improvement and project management.
  • Ability to analyze financial data and prepare financial reports, statements and projections.
  • Ability to analyze P&L by Brand and Customer, PPV, SG&A expenses by department, distribution cost by location and any other P&L related items.
  • Working knowledge of short- and long-term budgeting and forecasting, rolling budgets, and product-line profitability analysis.
  • Strong leadership ability to motivate and lead teams to produce quality materials within tight timeframes and simultaneously manage several projects.
  • Ability to collaborate and build relationships at all levels of the organization.
  • Strong business acumen and a sense of partnering.
  • Preferred :

  • CPA (Certified Public Accountant)
  • About Us

    It started with the inspiration of the creator of instant noodles, founder Momofuku Ando, in 1958. Since we entered the U.S. in 1970, our flagship brands, Cup Noodles, and Top Ramen have maintained a firm foothold in U.S. pop culture. We invite you to join Team Nissin to support this legacy of innovation and to deliver noodle happiness to consumers, employees, partners, and the community in a meaningful and sustainable way. Let’s evolve how people think about instant ramen as you discover opportunities for professional growth while being part of this $4 billion global company built from a simple block of noodles.

    Nissin Foods (USA) Co., Inc. is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, or sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law. As a federal contractor, Nissin Foods participates in the federal government’s E-Verify program, which confirms employment authorization of all newly hired employees through an electronic database maintained by the Social Security Administration and Department of Homeland Security. The E-Verify process may be completed in conjunction with the Form I-9 Employment Eligibility Verification to check the work authorization status of persons who have been offered employment at Nissin Foods. E-Verify is not used as a tool to pre-screen candidates. For up-to-date information on E-Verify, go to www.uscis.gov .

    If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request accommodation, contact Nissin Foods (USA) Co., Inc. Human Resources.

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