Ingredion: Innovating Ingredient Solutions Globally
Ingredion Incorporated (NYSE: INGR), based in the Chicago suburbs, is a premier global provider of ingredient solutions, serving clients in over 120 countries. In 2023, we achieved nearly $8 billion in annual net sales by transforming grains, fruits, vegetables, and other plant-based materials into high-value ingredient solutions.
These solutions cater to a diverse range of markets, including food, beverage, animal nutrition, brewing, and industrial applications. With approximately 12,000 employees and Ingredion Idea Labs® innovation centers worldwide, we actively collaborate with our customers. Our purpose is to unite the potential of people, nature, and technology to enhance lives globally.
About the Job: Accountant
As an Accountant, you’ll be primarily responsible for the precise and timely execution of crucial financial tasks, demonstrating a strong sense of ownership. This includes preparing accrual entries, analyzing plant expenditures, managing supplies and packaging adjustments, conducting inventory analysis, performing reconciliations, and generating yield reports. You’ll also be key in monthly close preparation, financial reporting, forecasting, and various ad-hoc assignments.
Core Responsibilities
- Plant Expenditure Analytics & Accruals: Prepare and analyze monthly spend accrual entries across various account subgroups for multiple plants. You’ll support operations and finance in accurately understanding and assessing costs.
- Monthly Variance Reporting: Generate monthly analysis reports comparing actuals to forecasts for production and manufacturing expenses. You’ll clearly and concisely communicate key variance drivers to help operations and finance understand their impact.
- Account Reconciliations: Prepare timely monthly account reconciliations to ensure adherence to internal control policies.
- Forecasting/Budgeting: Collaborate cross-functionally with plants to prepare monthly forecasts and periodic budgets for both fixed and variable costs.
- CWM (Corn Wet Milling) Yield/Corn Accounting Preparation: Prepare monthly yield and corn accounting, ensuring data reasonability through thorough analysis.
- Supplies/Packaging Adjustment/Analysis & Reporting: Take charge of preparing, analyzing, and adjusting supplies and packaging inventory and consumption to help operations and finance accurately assess usage.
- Inventory Management: Assist with physical inventory counts and reconciliations as needed.
- Audit/SOX Controls: Support and guide audit data requests when required.
- Process Improvement: Periodically review processes to standardize and enhance procedures across the Center of Excellence (COE), leading the implementation of identified improvements.
- Develop Relationships: Build and maintain collaborative relationships with all units and functional managers across local and remote locations to ensure accurate and timely reporting of plant financial performance.
What We’re Looking For
Qualified candidates will have:
- A bachelor’s degree in accounting or finance (required).
- 1+ years of relevant experience.
- Experience using ERP (Enterprise Resource Planning) costing systems; SAP experience is preferred.
- A demonstrated ability to understand business processes and cost concepts.
- A proven ability to identify issues, develop solutions, and drive improvements.
- An ownership mindset towards core responsibilities.
- Strong verbal and written communication skills, with the ability to communicate effectively at various organizational levels.
- Proven proficiency in MS Office (Excel, Word, PowerPoint).
- Strong analytical and critical thinking skills.
- Excellent prioritization and organizational skills.
- The ability to work collaboratively with peers and others.
- An openness to embrace change and new ideas/approaches.
- Flexibility in job responsibilities as part of a dynamic team.
- Travel as necessary.
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