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Business Finance Analyst

Date: May 11, 2022

Location: Philadelphia, Pennsylvania, US, 19153

Company: IFF Family of Companies

Tastepoint is fueled by passion and enhanced by the technology and insights of IFF.  Our purpose is to be the spark that advances our customers. We’re an agile, energetic product development partner with a fresh perspective. Tastepoint captures the essence of our customers’ ideas, and the imagination of their consumers. Together, we'll create a fresh take on taste. We solve customer challenges and craft consumer delight.

Job Description

In this position you will serve as a key member of and collaborative partner to the Tastepoint Leadership Team, direct the business finance activities for the local organization, and support the Nourish North America Regional Business Finance Team. You will work closely with the Regional Finance Director and the functional managers of the sites to provide reporting, analysis, and insight to improve business performance and properly support the execution of the business unit strategy.  The key to successful execution of this role is in maintaining the finance function’s position as a valued business partner to the other functional leads in, creative and commercial areas; fulfilling the role of an effective and efficient support function, while taking an active position in the decision-making process.

How you will spend your time:

•  Prepare the annual operating plan, monthly sales and GP forecasts for the TastePoint business. Implement strong financial variance analytics so that the appropriate warning indicators can be signaled to managers to adjust forecasts and / or take appropriate action to mitigate adverse financial risk.
•  Prepare the financial analysis of sales and margins (including variance reporting & customer/product profitability), providing an early warning of variances against plan. Provide support to account managers in seeking possibilities to improve the profitability when necessary. 
•  Together with the General Manager and leadership team, develop and execute a (financial) strategy that complements the short- and long-term business objectives of TastePoint.
•  Lead the controllable expense planning and management process for the North America Nourish division.
•  Play a key Finance role in an ongoing SAP systems integration project.
•  Coordination with Shared Services environment (good working relationship with key accounting colleagues); adhering to global financial policies and SOX requirements; working capital / credit management; projects, ad hoc analysis, contract review and miscellaneous activities.
•  Continuous education to our non-Finance business partners to elevate the support toward the Nourish business strategy.

Job Requirements


About You:

•  Degree in Finance (CPA / MBA a plus)
•  Analytical Skills
•  Management Skills
•  Financial reporting experience applying US GAAP
•  Working Capital Management
•  Cost control experience aligned with business performance, gross margin management, resource management and prioritization, customer payment terms, etc.
•  Fact base analysis and strong understanding of linkages to business returns in key to drive performance
•  Business knowledge, strong personality, excellent communicator & strategic mindset


Required Experience:

•  5-7 years of practical experience
•  Operations and commercial knowledge / finance experience, ability to work cross-functionally, ability to effectively communicate complex concepts and influence decision making through fact based analysis
•  Consensus building through priority setting and strong verbal and written communications



•  Position can be based in one of two locations in Philadelphia, with time also spent at the other site.  7800 Holstein Avenue or 10801 Decatur Road. 
•  Remote work in US time zone is also an option

Nearest Major Market: Philadelphia