Accounting Manager

Company Description

Fortune Brands Innovations, Inc. is an industry-leading innovation company focused on creating smarter, safer and more beautiful homes and improving lives. Our driving purpose is that we elevate every life by transforming spaces into havens. We believe our work and our brands can have incredibly positive impacts for not just our business and shareholders, but for people and the planet, too. When you join Fortune Brands, you become part of a high-performing team who are empowered to think big, learn fast and make bold decisions. We support an inclusive and diverse culture where everyone is encouraged and empowered to be their authentic selves, and where our differences and unique perspectives are a key strength. Explore life at Fortune Brands here

Job Description

In this role, the Accounting Manager is responsible for overseeing most accounting activities, including P&L and balance sheet reviews, monthly close, internal controls, and oversee all aspects of cost accounting, for the newly acquired business – Yale and August branded smart home products. It is an exciting business with tremendous growth potential. This position plays a key role in ensuring the integrity of the business’s financial statements.  The Accounting Manager will be an enabler to implement large process improvement projects, such as the new ERP system implementation. The accounting manager will lead one staff accountant and the external business process provider.

Location: Hybrid in Deerfield, IL (Tuesdays, Wednesdays, and Thursdays required in office)

What you will be doing

• Manage the monthly close process including, ensuring adherence to month-end close timelines, review of journal entries and account reconciliations and P&L and balance sheet reviews.
• Partner with the internal controls department to ensure effective internal controls.
• Manage the external audit process.
• Ensure that an adequate system of internal controls is in place at Yale Residential.
• Educate all sites on requirements of Sarbanes-Oxley Section 404.
• Work with sites to implement required controls, monitor ongoing compliance, and maintain documentation.
• Ensure that financial statements are prepared and reported in accordance with generally accepted accounting principles (GAAP). 
• Ensure that all transactions, assets, and liabilities are properly stated through review of account reconciliations and understanding of business transaction flows.
• Oversee inventory accuracy, excess and obsolete inventory, valuation, and lower of cost or market requirements.
• Responsible for ensuring appropriate inventory valuation, including proper treatment of inventory variances.
• Stay current on accounting statements and pronouncements and provide interpretation on their applicability to the company.
• Lead a team of accounting professionals in handling the above responsibilities.

Qualifications

REQUIRED QUALIFICATIONS:

• Bachelor’s Degree in Accounting, Finance, or related field required
• Requires 5+ years of total finance/accounting experience, including both public accounting (audit) and manufacturing industry. 7+ years of experience preferred
• Experience with Sarbanes-Oxley Control

PREFERRED QUALIFICATIONS:

• CPA, or MBA is a plus
• Experience with Oracle Cloud Products (EPM), J.D. Edwards (JDE), or new ERP system implementation is a plus
• Organizational Savvy. Maneuver comfortably through complex policy, process and people related organizational dynamics
• People management experience

Additional Information

Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $90,000 USD - $143,000 USD. Please note that actual salaries may vary within the range, or be above or below the range, based on factors including, but not limited to, education, training, experience, professional achievement, business need, and location. In addition to base salary, employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.

At Fortune Brands, we support the overall health and wellness of our associates by offering comprehensive, competitive benefits that prioritize all aspects of wellbeing and provide flexibility for our teammates’ unique needs. This includes robust health plans, a market-leading 401(k) program with a company contribution, product discounts, flexible time off benefits (including half-day summer Fridays per policy), inclusive fertility / adoption benefits, and more. We offer numerous Employee Resource Groups to support inclusivity an