Manager, Accounting - Consolidations

Company Description

Fortune Brands Innovations, Inc. is an industry-leading home, security and digital products company. We’re focused on exciting opportunities within the home, security and commercial building markets. Our driving purpose is to 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.

At Fortune Brands, we’re building something big. We’re advancing exciting innovations in all of our products and processes. We’re delivering trust, dependability, sustainability, and style. To make it all happen, we’ve transformed our workplace into an environment where smart, ambitious people have the support to reach their fullest potential.

When you join Fortune Brands, you become part of a high-performing team empowered to think big, learn fast and make bold decisions. We support an inclusive culture where everyone is encouraged be their authentic selves, and where our differences and unique perspectives are a key strength.

Explore life at Fortune Brands here.

As the Accounting Manager, Consolidations, you will be at the forefront of ensuring the financial integrity of our organization. This pivotal role requires a professional with experience in corporate accounting, financial reporting, and team management and knows how to operate in a matrix organization. You will lead the consolidations process for the entire company while maintaining accurate ledger accounts, implementing internal controls, and collaborating with various finance teams and leadership. Your responsibilities will extend to overseeing audits, managing financial reporting, and contributing to strategic initiatives.

Position location: Deerfield, IL (Flexibility to work from home Mondays and Fridays)

RESPONSIBLIITIES:

What you will be doing

• Lead the close and consolidation process across functional teams including managing the global intercompany process and review of monthly US GAAP consolidated results; ensure timely, relevant communication and set the standard for excellence and high-quality deliverables
• Manage, develop, and coach a direct report, including conducting regular feedback conversations and actively participating in talent & performance review processes throughout the year.
• Review consolidation journal entries, consolidation entries and reconciliations, supporting the analytical review of the monthly financials and maintaining internal controls in a global, 100+ legal entity consolidation.
• Develop, document, and communicate new processes to centralize the consolidations function at Corporate and take the consolidations lead in the implementation of Oracle EPM.
• Develop and prepare month-end actual results reporting, including all the significant financial statements plus critical supplemental data.
• Work with intercompany owners to resolve out of balance accounts.
• Collaborate interdepartmentally within the organization's Controllership.
• Review the subsidiary and consolidated financial information and unique transactions and participate in meetings discussing analysis with leadership.
• Drive the close cycle automation initiative intended to condense the close cycle, reduce manual work and improve controllership.
• Lead or support team projects and initiatives including quarter end and year end external reporting and management reporting, process documentation, data management and system optimization.
• Support oversight of the global chart of accounts.
• Maintain effective internal controls for the financial close and consolidation processes, ensuring compliance with SOX requirements and mitigating financial risk.
• Work with audit functions to develop and improve internal policies to ensure compliance with SOX framework.
• Perform other ad-hoc tasks as needed.

REQUIRED QUALIFICATIONS:

• Bachelor's Degree in Accounting, Finance, or related field required
• 6+ years of public accounting or industry accounting experience required. 10+ years of experience preferred.
• Must have a high degree of technical knowledge of US GAAP and internal controls

PREFERRED QUALIFICATIONS:

• Multinational and public company exposure strongly preferred
• CPA, or MBA is a plus
• Experience with Oracle Cloud Products (EPM) a plus
• Not afraid to learn new technologies
• Organizational Savvy. Maneuver comfortably through complex policy, process and people related organizational dynamics
• People management experience

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, adoption benefits, and more. We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.

Fortune Brands is built on industry-leading brands and innovation within the high-growth categories of water, outdoors and security. The Company makes innovative products for residential and commercial environments, with a growing focus on digital solutions and products that add luxury, contribute to safety and enhance sustainability. To learn more, visit our website at fbin.com.

Equal Employment Opportunity

Fortune Brands is an equal opportunity employer. Fortune Brands evaluates qualified applicants without regard to race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability/handicap status, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

Reasonable Accommodations

Fortune Brands is committed to working with and providing reasonable accommodations to individuals with disabilities. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please contact us at [email protected] and let us know the nature of your request along with your contact information.

Important Notice: Protect Yourself from Fraudulent Job Postings

To protect yourself from fraudulent job postings or recruitment scams, please note that Fortune Brands job postings are exclusively hosted on our website at fbin.com/careers via our SmartRecruiters platform. Fortune Brands will never request banking information or sensitive personal details until an offer of employment has been accepted and the onboarding process begins.