Finance Manager - Procurement

Job Title: Finance Manager – Procurement

Job Description

The Finance Manager – Procurement provides end-to-end financial leadership for procurement activities across ingredients, packaging, and indirect categories. This role builds and owns core financial processes for budgeting, forecasting, performance reporting, and productivity tracking, while partnering closely with sourcing, supply chain, operations, and commercial finance teams. The position focuses on understanding the impact of inflation and deflation on input costs, influencing sourcing strategies through robust financial analysis, and delivering clear, executive-ready insights that support value creation and risk management within the supply chain.

Responsibilities

• Develop a comprehensive analysis and reporting framework to clearly quantify and explain the impact of inflation and deflation on input costs.
• Own procurement budgeting, forecasting, and latest estimate processes, partnering with sourcing managers to ensure accurate assumptions, financial integrity, and alignment with corporate planning cycles.
• Lead monthly procurement financial performance reporting, including purchase price variance (PPV), productivity, days payable outstanding (DPO), and risk identification, acting as the primary finance business partner for procurement across ingredients, packaging, and indirect categories.
• Conduct regular business review meetings with key stakeholders to assess financial performance, risks, and opportunities, and to recommend actions that improve results.
• Influence sourcing and supplier strategies through detailed financial analysis, business cases, pricing models, cost scenarios, and supplier evaluations.
• Control and oversee the financial aspects of procurement to ensure accurate reporting, effective productivity planning, and compliance with finance policies.
• Deliver clear, concise, leadership-ready insights in collaboration with sourcing managers, translating complex data into actionable recommendations.
• Liaise with the Commodity Price Risk Management team and relevant external partners to align on commodity exposure, hedging positions, and financial impacts.
• Ensure ongoing alignment between Procurement, Finance, and the broader business regarding financial results, key assumptions, and performance tracking methodologies.
• Govern, validate, and track procurement savings, productivity, and DPO initiatives, ensuring compliance with corporate finance definitions, timing, and sustainability impact requirements.
• Own the onboarding and training of new procurement team members on financial processes, tools, and activities to build financial capability within the function.
• Provide commercial finance support for sourcing decisions, including developing business cases, building pricing models, evaluating cost scenarios, and supporting supplier selection.
• Act as a business partner to procurement, supply chain, operations, and commercial finance teams to ensure strategies, initiatives, and financial information are accurately reflected in plans and results.
• Support cross-functional and ad hoc initiatives across supply chain and logistics, including total cost of ownership (TCO) modeling, optimization efforts, and value creation projects.
• Formulate and produce executive-level communications and reports on commodity exposure, coverage, and hedge activities to support Sr. leadership decision-making.
• Identify and remove process bottlenecks, champion continuous improvement, and proactively seek opportunities to streamline and enhance financial and procurement processes.
• Lead the month-end close process for procurement-related journal entries, ensuring all entries and supporting documentation are complete, accurate, and compliant.
• Ensure Blackline reconciliations, where required, are sufficient, complete, and properly documented.
• Lead the procurement productivity tracking process, ensuring project-level transparency to the profit and loss (P&L) and clear linkage to financial results.
• Support forecasting and the annual productivity budget process, ensuring that procurement initiatives are accurately reflected in budgets and outlooks.
• Drive and contribute to special projects as required, providing financial expertise and analytical support to strategic initiatives.

Essential Skills

• Strong experience in budgeting, including ownership of procurement budgets and alignment with annual operating plans.
• Proven ability to manage forecasting processes and latest estimates for procurement and supply chain activities.
• Demonstrated expertise in annual planning and financial performance management within a procurement or supply chain context.
• Hands-on experience in procurement finance, including working closely with sourcing managers and category teams.
• Solid understanding of supply chain operations and cost drivers to support total cost of ownership and optimization initiatives.
• Advanced financial modeling skills to build business cases, pricing models, and cost scenarios that inform sourcing decisions.
• Strong variance analysis capabilities, particularly in purchase price variance (PPV) and other procurement-related metrics.
• Deep knowledge of PPV and DPO and their impact on financial performance and working capital.
• Practical experience with purchase price variance analysis and reporting.
• Proficiency in SAP for financial reporting, analysis, and procurement-related transactions.
• Ability to produce executive-level communications and reports that clearly articulate commodity exposure, hedge positions, and financial impacts.
• Track record of leading month-end close processes, including preparation and review of journal entries and reconciliations.
• Capability to govern, validate, and track savings and productivity initiatives, ensuring compliance with corporate finance definitions.
• Strong stakeholder management and business partnering skills across procurement, supply chain, operations, and finance.
• Excellent analytical, problem-solving, and critical-thinking skills, with the ability to translate complex data into actionable insights.

Additional Skills & Qualifications

• Experience working in a procurement or supply chain finance role within a complex, multi-category environment.
• Experience in commodity price risk management or exposure analysis is an asset.
• Familiarity with total cost of ownership (TCO) modeling and value creation projects across supply chain and logistics.
• Experience using Blackline or similar reconciliation tools to support financial control and compliance.
• Ability to design and implement analysis and reporting frameworks that enhance visibility into cost drivers and performance.
• Experience training and onboarding team members on financial processes and tools.
• Continuous improvement mindset with a focus on removing bottlenecks and optimizing processes.
• Strong written and verbal communication skills, including the ability to prepare leadership-ready presentations and reports.
• Comfort working in a hybrid environment and collaborating effectively with cross-functional teams.
• Prior exposure to productivity tracking and linking project-level initiatives to P&L outcomes.

Work Environment

This role operates in a hybrid work environment, with on-site collaboration approximately two days per week and remote work for the remaining days. Standard working hours are 9:00 a.m. to 5:00 p.m., with occasional overtime possible during peak periods such as month-end close, forecasting cycles, and major project milestones. The Finance Manager will be part of a procurement-focused team of about ten people and will not have direct reports, instead acting as a key individual contributor and business partner. The environment is fast-paced and highly collaborative, with regular interaction across procurement, supply chain, operations, and finance. SAP and other financial tools are used extensively for reporting, analysis, and reconciliation. The organization offers a supportive culture with opportunities to contribute to growth, including a performance bonus, retirement savings plan matching, generous vacation, and employer-covered benefits, creating an attractive and stable setting for long-term career development.

This is a Permanent position based out of Etobicoke, ON.

The pay range for this position is $120000.00 - $135000.00/yr.

This is a hybrid position in Etobicoke,ON.

Aston Carter fournit des solutions de talent de classe mondiale à des milliers de clients à travers le monde. Spécialisés dans la comptabilité, la finance, les ressources humaines, l'acquisition de talents, les achats, la chaine d'approvisionnement, et certaines professions administratives, nous étendons les capacités des entreprises à la pointe de l'industrie. Nous nous appuyons sur notre profonde expertise en matière de recrutement et sur notre vaste réseau pour répondre aux besoins évolutifs de nos clients et de notre communauté de talents avec agilité et excellence. Avec des bureaux aux États-Unis, au Canada, en Asie et en Europe, Aston Carter est au service d'un grand nombre d'entreprises du classement Fortune 500. Nous sommes fiers d'avoir remporté la désignation « Prix Platine » dans le cadre des prix Best of Staffing® Client et Talent décernés par ClearlyRated.

Aston Carter est un employeur souscrivant au principe de l'égalité des chances et accepte toutes les candidatures sans tenir compte de la race, du sexe, de l'âge, de la couleur, de la religion, des origines nationales, du statut d'ancien combattant, d'un handicap, de l'orientation sexuelle, de l'identité sexuelle, des renseignements génétiques ou de toute autre caractéristique protégée par la loi.

Si vous souhaitez faire une demande d'accommodement raisonnable, tel que la modification ou l'ajustement du processus de demande d'emploi ou d'entrevue à cause d'un handicap, veuillez envoyer un courriel à [email protected] pour connaître d'autres options d'accommodement.

Ordonnance sur l'égalité des chances de San Francisco: Conformément à l'Ordonnance sur l'égalité des chances de San Francisco, pour tous les postes situés dans la ville et le comté de San Francisco, nous examinerons les candidatures des personnes qualifiées ayant un casier judiciaire ou des antécédents criminels.

Utilisation de l'intelligence artificielle (IA): Nous pouvons utiliser l'intelligence artificielle (IA) pour soutenir certaines étapes de notre processus d'embauche, notamment la recherche, la présélection et l'évaluation des candidatures. L'IA aide à analyser les candidatures et les qualifications, mais les décisions finales sont prises par notre équipe de recrutement. En soumettant votre candidature, vous reconnaissez et acceptez que celle-ci puisse être examinée à l'aide d'outils d'IA.

Aston Carter provides world-class corporate talent solutions to thousands of clients across the globe. Specialized in accounting, finance, human resources, talent acquisition, procurement, supply chain and select administrative professions, we extend the capabilities of industry-leading companies. We draw on our deep recruiting expertise and expansive network to meet the evolving needs of our clients and talent community with agility and excellence. With offices across the U.S., Canada, Asia Pacific and Europe, Aston Carter serves many of the Fortune 500. We are proud to be a ClearlyRated Best of Staffing® Platinum Award winner for both client and talent service.

The company is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.

If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please email [email protected] for other accommodation options.

San Francisco Fair Chance Ordinance: Pursuant to the San Francisco Fair Chance Ordinance, for all positions located in the city and county of San Francisco, we will consider for employment qualified applicants with arrest and conviction records.

Use of Artificial Intelligence (AI): We may use Artificial Intelligence (AI) to support parts of our hiring process, including sourcing, screening, and evaluating candidates. AI helps assess applications and qualifications, but final decisions are made by our hiring team. By applying, you acknowledge and agree that your application may be reviewed using AI tools.