Senior Financial Analyst

Fortune Brands • Deerfield, IL

8d • $70,000 - $110,000

About The Position

The Sr. Financial Analyst, Global Sourcing will provide support to the sourcing organization with insights into the impacts of market changes on direct material spend across FBIN. Efforts will be focused around tracking, reporting, and forecasting inflation/deflation, purchase price variance, continuous improvement activities, and cash flow impact of extending payment terms.

Requirements

• Bachelor’s degree in Finance, Accounting, Business, or a related field.
• 5+ years of experience in finance, accounting, or related field required.
• Proven analytical, technical, and problem-solving skills.
• Strong Microsoft application skills (Excel, Outlook, Word and PowerPoint) and other analytical systems/tools and ability to translate information into meaningful presentations.
• Ability to handle pressure and deadlines as well as perform job responsibilities with minimal supervision.
• Excellent written and oral communication skills with the ability to communicate effectively across all levels of the organization.
• Ability to work well with others and as part of a team.

Nice To Haves

• MBA, CPA, or CMA is a plus.
• Experience with financial systems such as Oracle, SAP, BPC, HFM, Essbase, or Tableau.

Responsibilities

• Provide financial support and guidance (monthly reporting, ad hoc analysis, accounting/forecasting support, etc.) to global sourcing organization with $2B+ in annual spend.
• Prepare monthly reporting and communication of purchase price variance, inflation, and CI.
• Prepare input to monthly forecasts and annual plans for direct sourcing around inflation, CI, and PPV.
• Forecast supplier price changes based on commodity/currency markets.
• Track currency/commodity trigger impacts for suppliers on trigger contracts.
• Prepare PPV analysis for forecast/actuals/plan and provide insights into key variances.
• Provide inputs into the annual costing cycle to ensure we have the appropriate costs.
• Prepare standard cost roll analysis inclusive of expected inflation/deflation and MCTO impacts.
• Provide quarterly commodity inflation schedule including actuals/forecast/plan.
• Provide tracking and accruals for vendor rebates.
• Work with the sourcing team to improve customer payment terms.
• Provide financial guidance and oversight to supplier negotiations and contract development.
• Prepare schedules around PPV, inflation/deflation, and MCTO for monthly operations reviews.
• Drive continuous improvement across work processes.

Benefits

• employees will participate in either an annual bonus plan based on company and individual performance, or a role-based sales incentive plan.
• robust health plans
• a market-leading 401(k) program with a company contribution
• product discounts
• flexible time off benefits
• adoption benefits
• We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level