Financial Analyst, Food & Industrial Ingredients US/Canada
Job Description
Ingredion Incorporated is hiring a Financial Analyst to support the Food & Industrial Ingredients (F&II) US/Canada segment. This hybrid role in Westchester, IL focuses on strengthening financial planning, forecasting, and budgeting while partnering with business leaders to support capital decisions and ongoing performance reporting.
You will help connect operating expense plans, capital allocation, and comprehensive monthly and quarterly reporting, bringing insight to key drivers and explaining variances versus budget, forecast, and prior periods. The role also supports process improvements across the segment, including movement toward a rolling forecast approach and initiatives aligned to an owner’s mindset and cost reduction.
What you’ll do
- Prepare operating expense budgets and financial reporting for Commercial, Supply Chain, Marketing, and Manufacturing groups within the F&II US/Canada segment.
- Support alignment between the overall SG&A plan and the segment profit growth outlook, including discipline around SG&A spending and follow-through on external commitments.
- Provide headcount oversight/control.
- Build collaborative, influential relationships with the F&II US/Canada Leadership Team and key leaders across Operations, Commercial, and other functions.
- Assist with the development, execution, and launch of a new US/Can local service fee process to distribute costs across segments and reflect cost to serve.
- Review and develop capital expenditure recommendations, including business justification, assumption validation, and discounted cash flow modeling; coordinate with stakeholders and summarize findings.
- Support capital allocation execution by forecasting and reporting actual spending monthly, tracking project progression, helping ensure timely approvals, and completing post-completion reviews.
- Assist stakeholders with capital software input and approvals.
- Support execution of the 5-year Capital Strategic plan through target setting, project prioritization, and reporting.
- Prepare monthly and quarterly comprehensive financial reports, including segment income statements, balance sheets, and cash flow statements.
- Analyze financial performance, identify key drivers, explain deviations from budget/forecast/prior periods, and propose corrective actions with department heads.
- Participate in regular business reviews with executives and provide actionable recommendations.
- Support the annual F&II US/Canada budgeting (Goal) process and periodic forecast updates by working cross-functionally to establish financial goals and identify risks and opportunities.
- Contribute to a transition toward rolling forecast processes to improve timeliness and accuracy.
- Execute special projects focused on owner’s mindset, process improvement, and cost reduction across the segment.
- Create value through action plans to improve profit margins and collaborate cross-functionally on specific business challenges.
- Present findings and recommendations to senior management and provide support for ad-hoc financial projects and analyses for F&II US/Canada and Ingredion leaders.
- Proactively identify opportunities for process enhancements and efficiency gains.
Qualifications
- Bachelor’s degree required with emphasis in Finance or Accounting.
- 0-3 years of experience in financial analysis, reporting, forecasting, accounting, or auditing.
- Strong relationship building, influencing, and communication skills.
- Strong written, verbal communication, and presentation skills, including the ability to convey information clearly to all levels of the organization.
- Ability to analyze financial results and evaluate impacts of business decisions.
- Working knowledge of income statement, balance sheet, and cash flow statements.
- Strong knowledge and demonstrated experience with Microsoft Excel and PowerPoint.
- Strong understanding of GAAP and financial reporting standards.
- Limited travel required.
- Experience planning and coordinating multiple projects simultaneously.
- Embraces change and open to new ideas and approaches.
- CPA or MBA preferred.
Technology
- Microsoft Excel
- PowerPoint
Compensation and benefits
- Pay range: $69,800.00-$93,066.67 annually
- Total Rewards Package: competitive salary and performance-based pay
- Comprehensive Benefits & Wellness Support: health, long-term savings, and resources for physical, mental, and emotional well-being
- Flexible work arrangements
- Career growth: learning, training, and development opportunities, including tuition reimbursement
- Employee recognition program
- Employee discount program: exclusive discounts on everyday products, services, and travel
- 401(k) plan: competitive company match
- Full-time roles eligible for comprehensive benefits package including medical, dental, and vision coverage
- Incentive compensation: may be eligible for the Ingredion Annual Incentive Plan or a role-specific commission/bonus
Role details
- Location: Westchester, Illinois
- Workplace type: Hybrid
- Relocation available: No