Manager, Accounting - Consolidations

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 highly matrixed organization. You will manage and guide the consolidation 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 assisting with financial reporting, overseeing audits, and contributing to strategic initiatives while managing 1 direct report.

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

RESPONSIBLIITIES:

What you will be doing

• Manage the close and consolidation process across teams, and review US GAAP consolidated results for timely, high-quality communication.
• Review and post consolidation journal entries and reconciliations, ensuring accuracy and compliance in a global consolidation of 100+ legal entities.
• Own the global intercompany processes and lead the resolution of intercompany discrepancies.
• Manage, develop and coach a direct report, providing regular feedback and participating in talent and performance reviews.
• Prepare month-end actual results reporting, including financial statements and key supplemental data.
• Perform detailed review of the statement of cash flows as part of the monthly close process.
• Assist with quarter-end and year-end external reporting including drafting certain sections of the Form 10-Q and Form 10-K, consolidating and reviewing disclosure support provided by the BU accounting teams, and completing the financial statement disclosure checklist to ensure all required disclosures are included within the SEC filings.
• Perform monthly review of foreign currency impacts on the financial results.
• Lead or support team projects and initiatives including process documentation, data management and system optimization.
• Review the subsidiary and consolidated financial information and unique transactions and participate in meetings discussing analysis with leadership.
• Support the oversight of global chart of accounts.
• Drive the close cycle automation initiative intended to condense the close cycle, reduce manual work and improve controllership.
• Maintain effective internal controls for the financial close, ensuring SOX compliance and reducing financial risk.
• 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
• Organizational Savvy. Maneuver comfortably through complex policy, process and people related organizational dynamics

PREFERRED QUALIFICATIONS:

• CPA, or MBA
• Experience with Oracle Cloud Products (EPM)
• 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.

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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.