fairlife, LLC is a Chicago-based nutrition company that creates great-tasting, nutrition-rich and dairy products to nourish consumers.
With nearly $3B in annual retail sales, fairlife’s portfolio of delicious, lactose-free, real dairy products includes: fairlife® ultra-filtered milk;
Core Power®
High Protein Shakes, a sports nutrition drink to support post-workout recovery;
fairlife® nutrition plan™, a nutrition shake to support the journey to better health.A wholly owned subsidiary of The Coca-Cola company, fairlife, LLC has been recognized by both Fast Company and Nielsen for its industry leading innovation.To learn more about fairlife and its complete line of products, please visit fairlife.com.job purpose:The Finance Manager – Capital & Productivity will play an essential role in partnering with the Supply Chain, Engineering, Executive Leadership and business teams to effectively deploy capital resources and implement productivity initiatives.
This role will work with stakeholders across various functions and locations; strong communication and an ability to build effective partnerships are critical for success. The Finance Manager will assist in developing and executing capital strategies with the goal of delivering financially sustainable outcomes.
responsibilities:
Business Partnering
- Partner with Supply Chain, Engineering, and other cross functional partners on evaluation and recommendation of capacity, capability, & productivity projects.
- Advise teams on financial needs for investments and ensure all financial considerations are reflected in the business cases through cost-benefit analysis.
- Build relationships with project management teams to understand financial project risks and opportunities.
- Own the onboarding and training for new employees with respect to appropriate capital governance and financial processes ensuring alignment with fairlife playbooks and standards.
- Be a trusted business partner to all cross functional colleagues who touch capital and act as the Finance voice in capital related meetings.
Ownership of Routines
- Lead and develop monthly forecasts, annual capital budget and 3-year strategic capital plan (LRP).
- Report out monthly capital scorecard, explain variances and forecast.
- Report out monthly productivity scorecard, explain variances and forecast. Ensure all implemented savings are quantified and reconciled back to the P&L.
- Develop and implement global best practices related to financial metrics, reporting, and management reporting.
- Initiate capital Requests for Authorization (RFAs) for new capital investment projects, co-ordinate with leaders for approval.
- Create and Lead quarterly capital project financial post-mortem analysis, as the key metric to evaluate investments financial delivery.
- Lead the capital allocation process and maximization of ROI on our capital spend across existing and future assets, including setting a path for long term capacity expansion strategies.
skills/qualifications required:
- Bachelor’s degree in business or economics related field required
- 5+ years’ of finance experience in a CPG or manufacturing environment
- Experience working in a cross-functional and highly collaborative environment, with demonstrated success in business partnering and influencing
- Self-directed and motivated to work with minimum supervision, conferring with manager or others on more complex matters
- Advanced Microsoft Excel and financial modeling skills is required
- Ability to handle ambiguity and work in a fast paced, entrepreneurial environment
position location:
Chicago, IL
reports to: Sr. Director – Supply Chain FP&Atravel requirements: up to 20%exempt/nonexempt: exemptfairlife, LLC is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. All qualified applicants and employees will be given equal opportunity. Selection decisions are based on job-related factors.In addition to its nondiscrimination commitment, the Company will also provide reasonable accommodation of qualified individuals with known disabilities unless doing so would impose an undue hardship on the Company.
If you have a disability and would like to request accommodation in order to apply for a position with us, please email careers@fairlife.com.
