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Full-Time

Financial Analyst

Posted on 7/2/2024

Shearers Foods

Shearers Foods

1,001-5,000 employees

Manufactures diverse range of snack foods

Food & Agriculture
Social Impact

Junior, Mid

Bristol, VA, USA

Location: Bristol Plant located in Bristol, Virginia

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
Word/Pages/Docs
PowerPoint/Keynote/Slides
Requirements
  • Bachelor’s degree in Finance or Accounting
  • 1-3 years of experience in Finance, manufacturing plant experience preferred
  • Excellent written and verbal communication skills
  • Ability to organize, prioritize, and be a self-starter in a fast-paced environment
  • Ability to collaborate in a team environment
  • Strong attention to detail and accuracy
  • Advanced Excel capabilities and proficiency in MS Word and PowerPoint
Responsibilities
  • Analyzing manufacturing costs including raw materials, labor, and overhead
  • Providing cost direction and support to other departments
  • Supporting capital process by monitoring spending vs. budget
  • Assisting in cost savings studies for continuous improvement
  • Completing financial accounting closing processes
  • Producing monthly financial reports
  • Completing periodic audits and assisting with year-end cycle counts
  • Reviewing and analyzing weekly and monthly cost data
  • Completing tasks independently and communicating results
  • Supporting Sr. Supply Chain Finance Manager and completing tasks in their absence
  • Occasional travel to Waterford, PA plant
  • Completing other assigned duties

Shearer's Snacks offers a robust work environment leveraging advanced manufacturing facilities and sustainable production approaches to create a diverse array of snack foods. The company's emphasis on environmental sustainability not only meets industry standards but also fosters a culture of responsibility and innovation among its team members. This focus on eco-friendly practices and state-of-the-art technology makes it an appealing workplace for those passionate about sustainable practices and cutting-edge manufacturing processes.

Company Stage

N/A

Total Funding

$53M

Headquarters

Massillon, Ohio

Founded

1974

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • The $106 million investment in the Moraine facility indicates potential job creation and technological advancements, enhancing the company's operational efficiency.
  • Being acquired by a prominent private equity firm like Clayton, Dubilier & Rice could provide Shearer's Foods with additional resources and strategic direction for expansion.
  • Shearer's Foods' focus on diversifying its geographic and product mix can lead to more stable revenue streams and reduced dependency on single customers.

What critics are saying

  • The permanent closure of the Lubbock facility and the associated layoffs highlight potential vulnerabilities in Shearer's Foods' supply chain and customer demand fluctuations.
  • The recent class action lawsuit for unpaid overtime could result in financial liabilities and damage to the company's reputation.

What makes Shearers Foods unique

  • Shearer's Foods stands out as a leading contract manufacturer and private label supplier in the snack industry, focusing on salty snacks, cookies, and crackers.
  • The company's significant investment in plant renovations and equipment upgrades, such as the $106 million project in Moraine, demonstrates a commitment to maintaining cutting-edge production capabilities.
  • Shearer's Foods' acquisition by Clayton, Dubilier & Rice highlights its strategic value and potential for growth under new ownership.

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