What are the responsibilities and job description for the Financial Analyst position at International Paper?
Position Title
Financial Analyst
Pay Rate
$ 81,700- $108,900
Category/Shift
Salaried Full-Time
Physical Location:
6400 Poplar Avenue
Memphis, TN
The Financial Analyst reports directly to the Global Sourcing/Fiber Supply Controller assisting in the preparation of communications and presentations for senior management. This includes key roles in the development of Strategic Plans, Forecasts, Quarterly Business Reviews, and Budgets. The position also acts as key financial counsel to the Global Sourcing Directors. Although the position does not have direct reports, the Financial Analyst does have the responsibility for the onboarding, oversight and the development of finance interns.
The Job You Will Perform
International Paper offers a benefits package that includes health, welfare and retirement plans including Medical, Dental, Life insurance, Flexible Spending Accounts, Short-term and Long-term Disability, 401(k), Company-funded retirement contributions, Paid Time Off, Education & Development (including Tuition Reimbursement), Student Loan Repayment Assistance, and Voluntary Benefits including insurance for home, auto, vision and pets.
The Impact You Will Make
We continue to build a better future for people, the planet, and our company! IP has been a good steward of sustainable practices across communities around the world for more than 120 years. Join our team and you’ll see why our team members say they’re Proud to be IP.
The Culture You Will Experience
International Paper promotes employee well-being by providing safe, caring and inclusive workplaces. We have team members all around the world with diverse backgrounds, experiences, and perspectives. These are our strengths. We are committed to creating a culture where all individuals are respected, valued, engaged and have an opportunity to do their best work every day. We invite you to bring your uniqueness, creativity, talents, experiences, and safety mindset to be a part of our increasingly inclusive and diverse culture.
The Company You Will Join
International Paper (NYSE: IP) is a leading global supplier of renewable fiber-based products. We produce corrugated packaging products that protect and promote goods, and enable worldwide commerce, and pulp for diapers, tissue and other personal care products that promote health and wellness. Headquartered in Memphis, Tenn., we employ approximately 38,000 colleagues globally. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2022 were $21.2 billion. Additional information can be found by visiting InternationalPaper.com.
Financial Analyst
Pay Rate
$ 81,700- $108,900
Category/Shift
Salaried Full-Time
Physical Location:
6400 Poplar Avenue
Memphis, TN
The Financial Analyst reports directly to the Global Sourcing/Fiber Supply Controller assisting in the preparation of communications and presentations for senior management. This includes key roles in the development of Strategic Plans, Forecasts, Quarterly Business Reviews, and Budgets. The position also acts as key financial counsel to the Global Sourcing Directors. Although the position does not have direct reports, the Financial Analyst does have the responsibility for the onboarding, oversight and the development of finance interns.
The Job You Will Perform
- Prepare, analyze and distribute monthly reports on major commodity cost movements and commodity forecasts
- Work with various business finance leads to ensure data integrity and alignment
- Lead role for coordinating development of materials standard prices for all commodities
- Work with business units to ensure alignment with Global Sourcing reporting
- Lead communication efforts with specific business groups as needed to ensure common understanding of co-owned initiatives, and potential commodity impacts
- Work with Procurement VP, Directors, and managers on the development of the Procurement Strategic Plan, the assembly of corporate planning assumptions, and historical trend analysis
- Develop and update executive presentations to summarize quarterly results, key commodity movements, and market drivers
- Work with international regions to gather information for quarterly reviews, strategic plan, and annual budgets
- Primary liaison with Corporate Accounts Payable on vendor management issues, working capital initiatives, and joint projects
- Track quarterly days payable outstanding performance and work with department leads to improve working capital
- Track and report progress against Global Sourcing Initiatives
- Provide financial support to the Energy, Raw Materials, and MRO buyers as needed in analyzing materials markets, vendors, and specific initiative impacts
- Lead preparation of S&A budgets and overhead allocation models for the Global Sourcing group
- Analyze spend data as necessary to ensure data integrity
- Communicate to field locations to identify data issues, errors, and areas of opportunity to improve reporting
- Assist with ad hoc data analytics and reporting as required by the Procurement Controller
- 3-5 years of applicable experience preferred
- BA or BS degree in Finance, Accounting or related field
- Working knowledge of Microsoft Office Suite, SAP, BW, Power BI
- Strong analytical skills and excellent communication skills
- Process-oriented with great attention to detail
- Ability to create and deliver business presentations using MS PowerPoint
- Candidate must be comfortable navigating systems and utilizing data to enhance business understanding
International Paper offers a benefits package that includes health, welfare and retirement plans including Medical, Dental, Life insurance, Flexible Spending Accounts, Short-term and Long-term Disability, 401(k), Company-funded retirement contributions, Paid Time Off, Education & Development (including Tuition Reimbursement), Student Loan Repayment Assistance, and Voluntary Benefits including insurance for home, auto, vision and pets.
The Impact You Will Make
We continue to build a better future for people, the planet, and our company! IP has been a good steward of sustainable practices across communities around the world for more than 120 years. Join our team and you’ll see why our team members say they’re Proud to be IP.
The Culture You Will Experience
International Paper promotes employee well-being by providing safe, caring and inclusive workplaces. We have team members all around the world with diverse backgrounds, experiences, and perspectives. These are our strengths. We are committed to creating a culture where all individuals are respected, valued, engaged and have an opportunity to do their best work every day. We invite you to bring your uniqueness, creativity, talents, experiences, and safety mindset to be a part of our increasingly inclusive and diverse culture.
The Company You Will Join
International Paper (NYSE: IP) is a leading global supplier of renewable fiber-based products. We produce corrugated packaging products that protect and promote goods, and enable worldwide commerce, and pulp for diapers, tissue and other personal care products that promote health and wellness. Headquartered in Memphis, Tenn., we employ approximately 38,000 colleagues globally. We serve customers worldwide, with manufacturing operations in North America, Latin America, North Africa and Europe. Net sales for 2022 were $21.2 billion. Additional information can be found by visiting InternationalPaper.com.
Salary : $81,700 - $108,900