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Finance Director

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Date: 25 Jun 2024

Location: Yinchuan, NX, CN, 750200

Company: Simplot

In Australia, the J.R. Simplot Company’s core operations are food manufacturing and agriculture, encompassing potato, vegetable, seafood and sauce operations. We supply a wide range of frozen, shelf-stable and chilled products to Australia and New Zealand’s major retail and foodservice customers and are part of Simplot’s Global Food business. With 17 food manufacturing and processing sites, Simplot Global Food serves retail and foodservice customers in 37 countries, and employs 8,000 people across North America, Latin America and Asia Pacific.

In Australia, we are a leading provider of quality, nourishing and sustainable food, focussed on creating food that maximises value from the best Australian-grown produce and global seafood. Our iconic brands have been an integral part of Australian life for generations, and include Leggo’s, Birds Eye, Edgell, John West and Chiko.

Summary

This role is responsible for debt compliance reporting for the company and its affiliates. Directs all of the company's leasing activities and coordinates with operating groups to identify lease appropriate assets as part of the capital planning process. Assists the treasurer in identifying financial structures and sources of financing for the company and its subsidiaries. Maintains a dialogue with the company's key banks. In conjunction with the treasurer and the legal department reviews all financing documentation and negotiates key terms and conditions. Provides support for other projects as requested.

Key Responsibilities

• Affiliate Financing Support: Assist affiliate operations in obtaining financing by completing requests for proposal (RFPs) and analyzing responses to identify the optimum lender. Negotiate agreement terms and conditions and facilitate document execution. Monitor and review related compliance reporting to ensure covenant reporting timeliness and accuracy along with the timely identification and resolution of issues.

• Treasury Department Support: Develop and maintain prospective relationships with non-line lender institutions to understand new products and to establish future financing alternatives for the Company. Establish understanding of other treasury activities to provide backup capabilities as necessary.

• Financing Agreement Compliance: Understand financing-imposed covenants and requirements of the company and its affiliates. Obtain, develop and/or assemble financial and other required information quarterly and as necessary to monitor and report compliance with numerous lending agreement terms and conditions. Provide compliance results for senior executive consideration and approval.

• Financing Agreement Origination: In support of treasurer, identify, evaluate, and make recommendations on prospective financing alternatives to ensure the company is implementing competitively priced and structured agreements.

• Leasing Management: Understand Company capital spending, identify lease finance opportunities, complete RFPs with prospects & analyze responses to find optimum lessor. Lead negotiation/implementation of new master lease agreements. Direct periodic lease fundings & document completion. Coordinate/review all buyouts, terminations, settlements outside of lease terms.

Typical Education

Bachelor's Degree (B.A. or B.S.) from 4 year college or university

Experience Details

Required Certifications

Other Information

Requires broad understanding of the company's operations and markets to be able to support treasurer in discussing the company's financial condition. Must have experience in working with large banking institutions, corporate finance, legal documentation associated with debt transactions and negotiation. Ability to effectively interact with operations personnel, accounting department, senior management and outside providers to gather information is key. Often external reporting deadlines must be met within a very short time frame of receipt of supporting information.

Job Requisition ID: 18418

Travel Required : Less than 10%

Location(s): Remote - CHN

Country : China

Simplot is an equal opportunity employer and encourage Aboriginal and Torres Strait Islander people to apply. If you feel you would be a great addition to our team please apply online today, we would love to hear from you. If you require technical assistance, please email us at careers.contact@simplot.com

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