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Senior Financial Analyst - Global Strategic Sourcing

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Date: Aug 13, 2019

Location: Benton Harbor, MI, US, 49022

Company: Whirlpool Corporation

Requisition ID: 34161 

Whirlpool Corporation is consistently recognized by Fortune Magazine as one of the World’s Most Admired Companies. Our values are the driving force behind everything we do. Respect, integrity, diversity and inclusion, teamwork and the spirit of winning propel our teams to excellence. Get to know us and see what it's like to be part of the world's leading major home appliance company.


Senior Financial Analyst - Global Strategic Sourcing 

Currently, we are seeking qualified candidates for a Senior Financial Analyst opening to join our Global Strategic Sourcing Finance organization.


Function Overview


This is a great opportunity to be a key member of the Global Strategic Sourcing finance team, with specific focus on the North America region. In this position you will provide analytical support for Commodity Business Teams, management of material price variance accounting and forecasting processes, annual profit plan, cash flow optimization, and ad-hoc analysis in support of the Strategic Sourcing Organization.


Job Responsibilities


Drive Analytical Insights for Commodity Business Teams

  • Deliver analytical insights and influence decision making by Commodity Business Teams within the North American region.
  • Establish relationships with process partners in Global Strategic Sourcing that facilitate effective collaboration and drive process partner behavior.
  • Drive continuous improvement in Global Strategic Sourcing financial reporting and analytics, with emphasis on achieving simplicity, visibility, and business impact.


Material Price Accounting and Forecasting

  • Drive improvements in month-end financial close process, ensuring assessment of material price variance results and completion of all necessary accounting transactions within closing timeline.
  • Proactively engage with business partners regarding required accruals or adjusting entries to ensure accuracy in reported financial results.
  • Collaborate with individuals across North America finance organization to ensure effective and accurate financial reporting processes and internal controls.
  • Manage material price variance forecasting process, including analysis of pricing trends and assessment of forecast changes over time.
  • Monitor material price variance forecast status and engage with Commodity Business Teams to challenge assumptions or help to assess opportunity or risk versus expectations.


Annual Profit Plan

  • Drive material price variance planning across multiple Commodity Business Teams, including target-setting and identification of productivity initiatives in plan.
  • Support and influence Commodity Business Teams in overall financial planning effort, including the impact of new supplier relationships, negotiation strategies and productivity expectations.
  • Review financial assumptions, supplier pricing, and standard cost included in Profit Plan to ensure reasonability and consistency with overall financial objectives.



  • Complete ad hoc analysis of North America Strategic Sourcing results, including analysis of productivity and sensitivity analysis on key cost drivers.
  • Drive activities to improved North America Region Free Cash Flow (NAR FCF) (Payment Term Standardization, Fiscal Year Opportunities, Supply Base Reduction, Currency Initiatives)
  • Utilize knowledge of processes and systems to advise on appropriate data sources for analysis.
  • Respond to audit related information requests as necessary.


Minimum Requirements

  • Bachelor Degree
  • Minimum 3+ years experience in accounting or finance


Preferred Requirements

  • Degree in Accounting or Finance
  • MBA
  • CPA
  • Knowledge of SAP with data mining capabilities
  • Strong operation finance knowledge and problem resolution skills
  • Outstanding communications, prioritization, planning, and teamwork skills
  • Outstanding people skills with the ability to communicate and interact with all levels of the organization and with many diverse individuals and cultures
  • Achievement oriented with the ability to work independently
  • Intermediate user of MS Excel, Business Warehouse, Google Sheets, Google Docs, and Google Presentations



About us


Whirlpool Corporation (NYSE: WHR) is the world’s leading major home appliance company, with approximately $21 billion in annual sales, 92,000 employees and 70 manufacturing and technology research centers in 2017. The company markets Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, Jenn-Air, Indesit and other major brand names in nearly every country throughout the world.


At Whirlpool Corporation, we believe that all people matter. Celebrating diversity and including thousands of perspectives empower us to create products that blend into every concept of home. Whirlpool Corporation is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. 


Additional information about the company can be found on Twitter at @WhirlpoolCorp.


Nearest Major Market: Niles
Nearest Secondary Market: South Bend

Job Segment: Strategic Sourcing, ERP, Warehouse, Social Media, Supply, Operations, Technology, Manufacturing, Marketing

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