Lead Coordinator, Capital Management

Your Opportunity as a Lead Coordinator, Capital Management

Location: New Orleans, LA

Reports To: Plant Engineer

Work Arrangements: 100% on-site

• Home base - Gentilly facility

• Travel - to and from Gentilly, Chef, Silo, and Lacombe facilities

• Willingness to work off shift hours (nights, weekends, holidays, etc.) and flow to the work as needed

In this role you will:

• Capital Management for NOLA Campus

• Lead the capital team on Fiscal Year forecasting, which includes creating a timeline and templates. (e.g., List of projects, descriptions, predicated spending, business benefit and prioritize) and advise the Campus Plant Engineers to update/make decisions to meet budget.

• Support corporate finance led monthly capital team meeting; duties include supporting agenda items, sharing spending updates, meeting notes and supplemental training to plant team members as required.

• Facilitate issues with Project Manager, vendors and Purchasing department on final payments

• Develop and train others on Project Charters, defining project scope, schedules, and funding packages.

• Lead contact for the Corporate Fixed Assets audits, ensuring capital guidelines are adhered to

• Maintain up to date monthly results on Capital Budget performance with gaps identified

• Support plant project managers on the difference between Capital vs. Expense and work with Corporate Finance for any clarification and decisions if there are questions

• Coordinate the efforts between Project Managers, Plant Finance and Corporate Fixed Assets on placing assets in service on time

• Facilitate effective Capital project close outs in line with company guidelines and policies - useful life and asset categories

• Create and maintain asset folders for tax purposes and Internal Audits.

• Resource and Coach for plant on Asset Disposals.

• Facilitate and develop Standard Operating Procedures for Coffee Capital Systems as required

• Capital Budget Ownership

• Directly manage the NOLA Campus Capital Budget to support execution of projects

• Complete monthly forecasts to meet fiscal year budget targets

• Prepare and submit new Capital funding requests

• Site leader for NOLA campus equipment number assignments:

• Create and maintain spreadsheet for campus

• Coordinate the efforts with Project Managers and Contractors for request to ensure data is accurate

• Build capabilities of Project Managers by coaching and training on work processes

• Problem solving and improvement work will involve the following activities:

• Collecting and analyzing data from project leaders, purchasing and suppliers on status of over budget / over commitment projects and implement solutions to meet budget and Finance guidelines.

• Monitor and analyze root cause for elimination of reclasses and journals.

• Budget Owner for Gentilly Plant Engineering Cost centers

• Manage Plant Engineering Cost Centers 1679, 1339 and 0900 (Resource for 1705 and 1666)

• Gather and analyze monthly cost center results and implement solutions to budget questions and issues

• Create and maintain templates for monthly budget management

• Prepare monthly reconciliation on natural accounts <$5K

• Forecast fiscal year budget

• Support Corporate Finance with plant specific clarification needs regarding monthly accruals and reclasses for key vendors

• Build capabilities of department cost owners by training, coaching, and developing reference guides

• Work collaboratively with Finance on work process improvements

• Budget Owner for NOLA Campus Capital Expense Budgets (Front End Engineering, Pre-Production, Fixed Asset Depreciation, and Site Clearance)

• Complete monthly forecast updates to meet fiscal year budget targets

• Support Corporate Finance with plant specific clarification needs regarding fiscal year budget requests

• Lead for Gentilly Plant Engineering evacuation head counts

• Lead for Gentilly Plant Engineering file retention compliance

The Right Place for You

We are bold, kind, strive to do the right thing, we play to win, and we believe in a strong community that thrives together. Our culture is rooted in our Basic Beliefs, and we believe in supporting every employee by meeting their physical, emotional, and financial needs.

What we are looking for:

Minimum Requirements:

• Associate's degree in Accounting or Finance and 5 years of accounting / finance experience

• In lieu of an Associate's degree in Accounting or Finance, a high school diploma and 8 years of accounting / finance experience is required

• Project / capital management experience

• Demonstrated problem solving ability - to work a problem from problem statement development through root cause identification and systemic corrective action implementation

• Demonstrated analytical skills - ability to analyze data, financial information, capital vs budget, forecast vs actuals, identify where critical information is missing to make sound decisions

• Microsoft Office suite experience (Word, PowerPoint, Excel, Teams, Outlook, Project, etc.)

Additional skills and experience that we think would make someone successful in this role:

• Accounting / finance experience in an engineering setting

• Experience using Oracle-based systems

• Food / beverage experience

• Manufacturing operational experience

Learn More About Working at Smucker

• Our Total Rewards Benefits Program

• Our Thriving Together Philosophy Supporting All Impacted by Our Business

• Our Continued Progress on Inclusion, Diversity and Equity

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