Finance Manager at Sysco

Arlington Heights, Illinois, United States

Sysco Logo
$94,500 – $141,700Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Foodservice, DistributionIndustries

Requirements

  • Bachelor's degree in Finance, Business, Accounting, or Economics required. MBA or Master’s in a business field preferred
  • At least 5 years of financial analyst and/or accounting experience required
  • Prior managerial experience
  • Strong verbal and written communication skills
  • Must be able to read, write and speak English
  • Ability to analyze data and draw logical conclusions and recommendations from the data
  • Ability to lead and direct clerical positions
  • Proficient computer skills with emphasis on Word and Excel

Responsibilities

  • Oversee month end close process, review of account reconciliations and BPC reporting
  • Determine the key drivers of variances versus plan, prior year and forecast
  • Participate in the oversight of Accounts Payable/Receivable department
  • Agent of change willing to challenge status quo and develop/streamline processes across the organization that impact financials
  • Responsible for performance management and development of finance associates
  • Assist in preparation key internal monthly financial reports and presentation materials for monthly and quarterly business reviews
  • Play a key role in the Annual Operating Plan (AOP) process and monthly forecast process
  • Work with each department to ensure they understand the overall forecast and how the impact of the key initiatives they are responsible for is reflected in the forecast
  • Astute in ensuring key controls are maintained and operating effectively in the finance department
  • Manages the maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, depreciation, cost, property, and operating expenses, and insurance records
  • Manages internal audits involving a review of accounting and administrative controls
  • Coordinates the preparation of external audit materials and external financial reporting
  • Identify opportunities to control costs and reduce expenses recommendations to management to improve profitability
  • Quantify the financial impact of key cost control initiatives
  • Support the CFO on key business strategic initiatives and adhoc projects

Skills

Financial Planning
Financial Analysis
Month-End Close
Account Reconciliations
Variance Analysis
Forecasting
Annual Operating Plan
BPC Reporting
Performance Management
Process Improvement

Sysco

Foodservice distribution for restaurants and healthcare

About Sysco

Sysco Corporation specializes in foodservice distribution, primarily serving restaurants, healthcare facilities, and educational institutions. The company offers a variety of products and services, including food items, kitchen equipment, and marketing support, tailored to meet the specific needs of its clients. Sysco differentiates itself from competitors by providing comprehensive solutions, such as the "Restaurants Rising Toolkit" during the COVID-19 pandemic, which helps restaurants adapt to new dining trends. The goal of Sysco is to make running a restaurant easier and more profitable for its clients.

Houston, TexasHeadquarters
1970Year Founded
IPOCompany Stage
Food & AgricultureIndustries

Benefits

Health Insurance
401(k) Retirement Plan
401(k) Company Match
Professional Development Budget
Performance Bonus

Risks

Increased competition from tech-driven solutions could impact Sysco's market share.
Reliance on partnerships for technology advancements may pose risks if results are unmet.
Socially responsible investing trends may pressure Sysco to improve ESG standards.

Differentiation

Sysco offers comprehensive B2B solutions, including food products, equipment, and marketing services.
The company provides flexible payment options and waives delivery minimums for scheduled deliveries.
Sysco's 'Restaurants Rising Toolkit' supports restaurants adapting to new dining trends.

Upsides

Sysco can capitalize on the demand for plant-based and alternative protein products.
The rise of ghost kitchens offers Sysco opportunities for specialized supply chain solutions.
Digital transformation in foodservice allows Sysco to enhance service offerings and engagement.

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