Finance Manager - Working Capital

Job Description

The primary objective of this role is to partner with the Inventory, S&OP, and Operations Finance Leaders to provide financial assistance for development of KPIs, in addition to supporting the annual financial planning, monthly forecasting and reporting processes across FBIN in an efficient and sustainable manner, partnering to deliver against financial targets and appropriately communicate risks and opportunities to the leadership teams.

DUTIES AND RESPONSIBILITIES:

S&OP:

• Participate in monthly S&OP processes to provide financial assistance and alignment across finance and supply chain

• Partner with supply chain and commercial finance teams to align on volumes for plan and forecast

• Identify and implement process improvement opportunities in reporting and communication

• Appropriately communicate risks and opportunities to the Ops Finance Leadership team

• Develop and implement KPIs for financial accuracy

• Provide mix analysis support

• Perform ad hoc analysis as needed

• Ownership of Executive S&OP schedules for WCE

Working Capital:

• Ownership of Working Capital consolidation and messaging of actuals, forecast and annual plan

• Partner with FBIN inventory teams to build annual Plan and monthly Forecast for Inventory across FBIN

• Continuously challenge the inventory team to drive DSI improvement

• Identify and implement process improvements to forecasting and reporting

• Prepare monthly commentary with business drivers for forecast changes

• Consolidate FBIN commentary for final reporting and submissions

• Review forecast assumptions, drivers, and variances with Ops Finance leadership

• Lead plan/ forecast creation, reporting and forecasting from a finance perspective

• Support OSMI analysis to reduce exposure and drive awareness

• Partner with commercial teams on annual deletions process

• Prepare monthly reporting materials for the Supply Chain Month End Package Review and monthly business reviews

Other Responsibilities:

• Oversee the consolidation and communication of FBIN CI, Inflation/ Deflation for communication to the commercial finance teams for actuals, forecast and plan

• Review and approval of OSMI calculations for WINN and the other FBIN brands as needed

• Review and approval of Journal Entries and Account Reconciliations for OSMI

QUALIFICATIONS:

• Bachelor’s degree in Finance or Accounting is required

• 3+ years of experience in finance, accounting, or related field required. 5+ years of experience preferred.

• Team supervisory or management experience preferred.

• Self-starter who has had success working in ambiguous situations

• Excellent communication skills- written and verbal

• Strong analytic skills

• MS office required – SAP and Oracle experience preferred

• Must be a team player with the ability to think conceptually, be flexible and strategic

• Have an enterprise-wide mindset and seek to influence business partners to do the same

• Ability to engage with and work across all levels of the organization

• Demonstrated success working with cross-functional teams and business partners

Additional Information

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

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, base