Finance Manager

Posted Yesterday
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Frankfurt am Main, Hessen
Senior level
Food • Manufacturing
The Role
The Finance Manager leads the local finance team, ensuring compliance with GAAP, IFRS, and regulatory requirements while managing financial reporting, audits, and strategic planning to improve business performance.
Summary Generated by Built In

Company Description

Louis Dreyfus Company is a leading merchant and processor of agricultural goods. Our activities span the entire value chain from farm to fork, across a broad range of business lines, we leverage our global reach and extensive asset network to serve our customers and consumers around the world. Structured as a matrix organization of six geographical regions and ten platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 19,000 people globally.

In December 2024 Louis Dreyfus Company (LDC) signed a binding agreement to purchase BASF’s Food and Health Performance Ingredients business including the acquisition of the Illertissen production site in Germany, subject to regulatory approvals and customary closing conditions. This transition presents new and exciting opportunities for the Illertissen site under LDC's stewardship.

The Illertissen facility is poised to continue its legacy of innovation in food and health ingredients, drive new advancements and deliver high-quality products to meet evolving consumer demand and contribute to LDC's sector growth strategies. The dedicated team of approximately 280 employees is expected to join LDC and remains committed to delivering high-quality products, ensuring a promising future for the site and its stakeholders.

Job Description

Main Responsibilities

After a transition period, the Finance Manager will become the leader of the local finance team. She/he is responsible for maintaining the accounting books in local GAAP and IFRS, ensuring compliance with related requirements (e.g. issuance and filing of the statutory audit, CIT provision).

She/he is also in charge of all financial reporting requirements from the LDC Group. The Finance manager manages the SBS related activities and organize coordination with other finance functions (Treasury, Tax, Credit risk, Internal control…).  She/he is the finance main point of contact with the Food and Feed Solutions Platform, Legal, DT&A departments and EMEA regional management. Locally, She/he supervises the business and the industrial controllers, supporting the FP&A department for the budget and landing process.

Statutory and tax compliance

  • Ensure company compliance with German statutory and fiscal regulations
  • Prepare statutory reporting and manage the relationship with local auditors and Administration
  • Liaise with tax department to ensure full tax compliance and bring support during tax audit procedures
  • Ensure compliance of group reporting packages with IFRS in liaison with Group experts.

Statutory and tax compliance

  • Ensure company compliance with German statutory and fiscal regulations
  • Prepare statutory reporting and manage the relationship with local auditors and Administration
  • Liaise with tax department to ensure full tax compliance and bring support during tax audit procedures
  • Ensure compliance of group reporting packages with IFRS in liaison with Group experts

Monthly and quarterly closings:

  • Owner of the local books: check figures for accuracy, perform reconciliations, and ensure consistency of the reporting packages.
  • Supervise and support the Shared Business Services (SBS) during the closing process
  • Ensure proper intraco / interco settlements and reconciliations
  • Respect EMEA deadlines
  • Perform ageing review of receivables in coordination with Credit department.

Business and Controlling:

  • Main point of contact for the Food and Feed Solutions platform.
  • Supervise the business and industrial controllers.
  • Provide insights and recommendations to improve business performance and operational efficiency.
  • Ensure accurate and timely reporting of financial results to support strategic planning and decision-making.
  • Coordinate with Treasury for optimization of the cash usage and working capital funding
  • Ensure liaison with other departments (Commercial, operations, logistics,…).

System and control

  • Maintain an information system that allows profitability and cost analysis.
  • Improve processes in place all along the flow of information (i.e. includes SAP e.g. Sales and distribution module and other applications), automatize them as much as doable and challenge them when necessary
  • Coordinate with DT&A and FPSO the deployment and improvements of financial systems
  • Implement and maintain a high quality control framework in collaboration with the Internal control department to ensure integrity of financial data and protect the company against fraud.

Below tasks are done by SBS teams:

  • Follow-up and ensuring completeness of all cash movements
  • Cash reconciliation with the Treasury department
  • Supervise & support Intercompany reconciliation
  • Forex booking
  • Ensure deliverables (ICS upload, ICS reconciliation, C package, S package) are produced on time (according to EMEA deadlines) and accurately
  • Ensure proper ageing balance review.

Qualifications

  • Degree or relevant diploma in Finance, Audit, or Accounting degree
  • At least 5-8 years’ experience in accounting, controlling and reporting - with a very strong accounting understanding 
  • Industrial environment would be preferred  
  • Experience in audit welcome ideally. 
  • Languages: Fluent in both English and German 

Other skills (Computer Skills, etc)

  • Management Leadership and development
  • Strong knowledge of ERP systems (SAP preferred) and Microsoft Office 
  • Proficiency with SAP Industry including Sale & Distribution module, SAP BI and any other IT applications
  • Business and Industrial Cost analysis
  • Proficiency with MS Excel, including pivot table
  • Strong practical accounting knowledge
  • Strong attention to detail, including precise accuracy of data entry
  • Strong documentation skills
  • Strong analytical and organizational skills, including detailed follow-through abilities.

Additional Information

Additional Information for the job

What We Offer

We provide a dynamic and stimulating international environment, which will stretch and develop your abilities and channel your skills and expertise with outstanding career development opportunities in one of the largest and most solid private companies in the world.

Our Benefits

  • Competitive salary and benefits​​​​​​
  • Hybrid work available (not applicable to all roles)
  • Pension contributions
  • Access to Training and Development 

Sustainability

Sustainable value is at the heart of our purpose as a company.

We are passionate about creating fair and sustainable value, both for our business and for other value chain stakeholders: our people, our business partners, the communities we touch and the environment around us

Diversity & Inclusion

LDC is driven by a set of shared values and high ethical standards, with diversity and inclusion being part of our DNA.

LDC is an equal opportunity employer committed to providing a working environment that embraces and values diversity, equity and inclusion.

LDC encourages diversity, supports local communities and environmental initiatives. We encourage people of all backgrounds to apply.

Top Skills

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SAP
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The Company
HQ: Rotterdam
10,897 Employees
On-site Workplace
Year Founded: 1851

What We Do

Louis Dreyfus Company is a leading merchant and processor of agricultural goods. We leverage our global reach and extensive asset network to serve our customers and consumers around the world, delivering the right products to the right location, at the right time – safely, responsibly and reliably. Our activities span the entire value chain from farm to fork, across a broad range of business lines (platforms). Since 1851 our portfolio has grown to include Grains & Oilseeds, Carbon Solutions, Food & Feed Solutions, Coffee, Cotton, Juice, Rice, Sugar, Freight and Global Markets. We help feed and clothe some 500 million people every year by originating, processing and transporting approximately 80 million tons of products. Structured as a matrix organization of six geographical regions and eight platforms, Louis Dreyfus Company is active in over 100 countries and employs approximately 17,000 people globally. For more information, visit www.ldc.com.

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