Amcor Finance Usa

Amcor Finance USA is a critical division within Amcor, a global leader in developing and manufacturing responsible packaging solutions for food, beverage, pharmaceutical, medical, home, and personal care, and other products. Operating within North America, Amcor Finance USA plays a vital role in supporting the overall financial health and strategic objectives of Amcor’s operations in the United States and potentially other parts of the continent. Its core responsibilities revolve around financial planning, analysis, reporting, and control. This includes meticulously managing the company’s financial resources, ensuring compliance with all applicable regulatory requirements (such as US GAAP and SOX), and providing accurate and timely financial information to internal stakeholders and external parties like investors and auditors. Financial planning within Amcor Finance USA entails developing budgets, forecasting future performance, and conducting strategic financial modeling to support key decision-making processes. This involves close collaboration with operational teams to understand market trends, cost drivers, and investment opportunities. The team analyzes financial data to identify areas for improvement, optimize resource allocation, and drive profitability. Financial analysis is crucial for understanding the performance of various business units and product lines. Amcor Finance USA analyzes sales trends, cost structures, and profitability margins to provide insights that guide operational improvements, pricing strategies, and capital investment decisions. They also play a significant role in mergers and acquisitions (M&A) activity, conducting due diligence and financial modeling to assess the potential value and risks associated with prospective deals. Financial reporting is a core function, requiring the preparation of accurate and reliable financial statements in accordance with US Generally Accepted Accounting Principles (GAAP). This includes managing the month-end and year-end closing processes, ensuring the integrity of financial data, and providing timely reports to management and regulatory agencies. They are also responsible for filing tax returns and managing relationships with external auditors. Strong internal controls are paramount to Amcor’s financial integrity. Amcor Finance USA actively implements and maintains robust internal control systems to safeguard assets, prevent fraud, and ensure compliance with Sarbanes-Oxley (SOX) requirements. This involves regularly reviewing and testing controls, identifying weaknesses, and implementing corrective actions. Beyond these core functions, Amcor Finance USA often participates in strategic initiatives, such as implementing new accounting standards, optimizing working capital management, and managing foreign exchange risk. The team also collaborates closely with other departments, including operations, sales, and marketing, to provide financial insights and support business growth. They are also involved in treasury functions, managing cash flow, and maintaining relationships with banks and other financial institutions. Ultimately, Amcor Finance USA is a vital component in enabling Amcor to achieve its financial goals and maintain its position as a global leader in the packaging industry.