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Manager Financial Planning & Analysis - Milk, Dairy Ingredients & Risk Management

Foremost Farms USA
parental leave, paid time off, paid holidays, 401(k)
United States, Wisconsin, Madison
Jan 15, 2025

About Us

Foremost Farms USA is one of the largest, leading dairy cooperatives in the United States and major dairy food and ingredients manufacturing business. We represent hundreds of Midwest dairy farmer members located in seven Midwest states, and we produce about 500 million pounds of cheese and 50 million pounds of butter in plants across our network every year. "We Bring Dairy to Life" in eight manufacturing plants across Wisconsin and Michigan and in our headquarters in Middleton (Madison), Wisconsin; and we're looking for employees who are innovative and aim for excellence in our wide variety of production, field and business roles. Join us!



About This Opportunity

JOB TITLE: Manager Financial Planning & Analysis - Milk, Dairy Ingredients & Risk Management
POSITION TYPE: Full time
CLASSIFICATION: Exempt

Foremost Farms USA is seeking a team member who will contribute to the success of the organization by driving strong business partnership with the Milk and Risk Management teams, overseeing the milk and ingredient P&Ls, analyzing and monitoring market price risk, and guiding financial decision support of dairy component optimization decisions across the network. This role will also partner closely with the senior leadership team on key strategic business initiatives.

This individual will lead efforts to validate and optimize by-product / ingredient costs and margins, support mass balance efforts to optimize milk supply and milk component and ingredient utilization, analyze and monitor market price risk to optimize risk management activities and the government milk pooling/de-pooling program, and support milk purchase / sale negotiations and the overall member patron pricing program. This individual will collaborate closely with both the Operations and Commercial teams as it relates to milk and ingredient activities.

Responsibilities:



  • Develop internal financial expertise to lead decision support on milk component and ingredient utilization, milk sales and member patron and 3rd party milk purchases, mass balance monetization, and the pooling/de-pooling program.
  • Provide financial validation and oversight on risk management strategies, coverage levels and overall positions to balance risk and optimize financial impact and ensure proper hedge accounting controls and segregation of duties are in place.
  • Develop proactive financial contingency plans depending on various dairy market pricing conditions to take advantage of profit opportunities or mitigate potential risks.
  • Serve as the financial lead on key investments targeting operational and process improvements, including minimizing hauling costs and optimal planning of components, maximizing the value of member milk components.



Qualifications:



  • Bachelor's degree finance, accounting, or related quantitative/technical discipline
  • 7-10 years of job-related experience
  • Ability to present fact-based recommendations across various levels of management
  • Strong analytical and financial modeling skills; proficiency working in Excel and PowerPoint is required


Preferred Qualifications:



  • Advanced degree such as MBA, CPA or related quantitative/technical discipline preferred
  • Knowledge related to the job and job-related experience in the dairy industry



Physical Setting:



  • Ability to travel occasionally
  • Onsite at headquarters location in Middleton, WI a minimum of1 week per month



Benefits:

Because you and your family matter, Foremost Farms offers some of the best benefits in the area! Our comprehensive medical plan includes health, vision, dental, and prescription insurance. You can choose to enroll in a single or family plan with low monthly premiums and low annual deductibles ($250/$500). Other benefits include:



  • 401(k) with a generous company contribution (100% match on up to 8% deferral)
  • Paid time off, starting at 200 hours (25 days)
  • 10 Paid holidays
  • Paid parental leave (6 weeks paid at 100%)
  • Flexible spending accounts - for medical and dependent care (childcare) expenses
  • Life and disability insurance
  • Employee Assistance Program
  • Referral program
  • Advancement opportunities!



Don't meet every single requirement?At Foremost Farms we are dedicated to building a diverse and inclusive workplace, so if you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles.

Equal Opportunity Employer

Minorities/Females/Veterans/Disabled are encouraged to apply.

At Foremost Farms USA, we believe that employee diversity brings strength to our organization. We are committed to providing equal employment opportunity to all individuals regardless of their race, creed, color, religion, sex, age, national origin, disabilities, veteran status, marital status, sexual orientation, military status, genetic information, or any other characteristic protected by state or federal law.

Successful completion of pre-employment screening is required, which could include a drug test, background check, and other verifications or assessments to be sure you will be able to succeed in your position.

Are you ready to Be Foremost?

Apply today at www.foremostfarms.com


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