Senior Manager, Commercial Finance

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

As the Senior Manager, Commercial Finance within the FP&A function of the Centers of Excellence (CoE) finance team, you will serve as a key finance business partner to the Global Product Development & Innovation (GPD&I) organization. Your responsibilities will include:

• Financial modeling
• Business case development
• Three-year strategic planning
• Operational evaluations

You will support high-impact strategic product choices at both the portfolio and project levels. Additionally, you will focus on establishing standardized processes to drive financial performance and strategic decision-making. This includes developing a comprehensive margin framework and standardizing the Capital Expenditure Request (CER) process for New Product Development (NPD).

Location: This position can be based in our Deerfield, IL or North Olmsted, OH with a hybrid schedule.

What you will be doing

• Serve as the primary financial partner for GPD&I teams to assess and prioritize product development opportunities.
• Support the Connected Products Group by providing financial guidance, insights, and support for related activities.
• Manage the creation of a company-wide margin framework for consistent assessment and monitoring.
• Standardize the CER process for New Product Development (NPD) to ensure alignment and compliance across all business units.
• Provide decision support through financial modeling for various investment scenarios, including discounted cash flow and NPV review.
• Develop comprehensive business cases for product initiatives, incorporating market data, price/volume/mix selections, and KPIs.
• Establish a common financial model across business units to drive efficiency and consistency in strategic choices.
• Analyze actual results versus forecasts to support long-term strategic plans, annual budgets, and quarterly forecasts.
• Prepare executive-level financial reports and presentations for senior executives.
• Manage, develop, and mentor a team, including conducting 1:1s, providing feedback, and performing performance reviews.
• Oversee special projects focused on improving financial processes and systems.

Qualifications

• Bachelor's degree in accounting or finance.
• 7+ years of experience in finance, accounting, or a related field.
• Proven ability to manage cross-functional teams and influence senior executives.
• Expertise in financial modeling, business case development, and portfolio review.
• Strong analytical and problem-solving skills with a focus on continuous improvement.
• Experience managing high-priority, long-term projects alongside immediate deadlines in a fast-paced environment.
• Effective communication of complex financial information to facilitate strategic decision-making.

PREFERRED QUALIFICATIONS:

• Familiarity with financial planning tools like Excel, SAP Business Planning and Consolidation (BPC), Tableau Desktop, and Qliksense.
• Demonstrated experience in product development, make-vs-buy choices, or cost of complexity analyses.
• Experience CPG or design-to-manufacture industries.
• Experience in establishing financial frameworks and standardizing processes (e.g., CER, margin framework).

Additional Information

Additional Information :

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 and our associates' feeling of belonging at work.

Fortune Brands is a brand, innovation and channel leader focused on exciting, supercharged categories in the home products, security and commercial building markets. Our portfolio of brands includes Moen, House of Rohl, Aqualisa, SpringWell, Therma-Tru, Larson, Fiberon, Master Lock, SentrySafe and Yale residential.

Fortune Brands is headquartered in Deerfield, Illinois and trades on the NYSE as FBIN

Equal Employment Opportunity

FBIN is an equal employment opportunity employer and does not discriminate against any applicant based on race, color, religion, sex, gender identity or expression, national origin, ancestry, age, disability, marital status, protected veteran status, sexual orientation, genetic history or information, or any other legally protected characteristic.

Reasonable Accommodations

FBIN is committed to working with and providing reasonable accommodation to applicants with disabilities. If you need a reasonable accommodation for any part of the application or interview process, please contact us at fbinleave.fbhs@fbin.com and let us know the nature of your request along with your contact information. Resumes submitted to this email address will not be responded to.