Sr. Director, Financial Business Services

Company Description

At Fortune Brands Innovations, we believe that our innovation and success are fueled by the passion of our people and the strength of our teams. Together, we work to fulfill dreams of home by aligning around common goals, being agile in the face of change, holding ourselves accountable, and acting with integrity and transparency. We succeed when everyone belongs and strive to build a Home for All where all associates can be their true, authentic selves at work. Learn more about our culture here

Job Description

The Senior Director, Financial Business Services is responsible for leading and shaping our future state Accounts Payable (AP), Accounts Receivable (AR), and Credit functions. This role offers an exciting opportunity to drive strategic transformation within our financial operations, optimizing resourcing, and providing world-class services to our business units.

Position location: This role is designated as a hybrid role which includes working at least 3 days per week (Tuesday, Wednesday, Thursday) in our main office located in North Olmsted, OH to foster better collaboration, connection, and innovation.

WHAT YOU WILL BE DOING:

• Develop and execute the strategy for shared services in the AP, AR and Credit functions across the global FBIN organization.
• Determine future state systems, align processes, and harmonize policies to drive efficiency and effectiveness in the order-to-cash and procure-to-pay processes.
• Identify and leverage technology to increase the effectiveness and efficiency of the order-to-cash and procure-to-pay processes; lead the adoption of these technologies by the organization.
• Collaborate with teams across the company to prioritize and execute process improvements, considering activities, policies, infrastructure, internal control, and governance mechanisms.
• Lead the multi-year effort to transform the company’s order-to-cash and procure-to-pay processes toward “best in class” performance.
• Analyze the current end-to-end order-to-cash and procure-to-pay processes including the underlying activities, policies, infrastructure, internal control and governance mechanisms and technologies utilized to assess areas of improvement and integration across the enterprise. Collaborate with teams across the company to prioritize and execute improvements.
• Partner with IT and external vendors to ensure the order-to-cash and procure-to-pay processes are supported by appropriate, future-oriented technology solutions, including robotic process automation.
• Develop order-to-cash and procure-to-pay operating models that drive efficiency and effectiveness, including assignment of roles and responsibilities globally.
• Ensure the execution of appropriate internal controls supported by documented policies and procedures across all relevant groups.
• Act as a change agent to lead a culture of self-assessment and continuous improvement to ensure ongoing improvement in the effectiveness and efficiency of the record to report processes.
• Leverage expertise in controllership functions, regulatory compliance (SOX), and internal audit to monitor the impacts of record to report process changes on governance and internal controls; ensures appropriate assessment and communication with stakeholders.
• Lead the continuous improvement of the business process improvement framework and performance management capabilities through regular benchmarking with outside organizations to keep current with best practices, new technologies, and approaches.

Qualifications

BASIC QUALIFICATIONS:

• Bachelor’s degree in Accounting or a related discipline is required; a Master’s degree in Business Administration is preferred.
• 10+ years of related Business, Accounting, and Finance experience including being responsible for strategy development, with a minimum of 5 years of experience managing a large team in a financial processing organization, preferably in a captive or outsourced shared services environment.
• Significant ERP system experience required, SAP is preferred.
  • Proven knowledge of U.S. Generally Accepted Accounting Principles, along with demonstrated ability to analyze financial information and provide solutions to issues.
  • Demonstrated experience in leading process re-engineering, program management and technology implementation.

PREFERRED QUALIFICATIONS:

• Experience with non-U.S. statutory accounting and/or International Financial Reporting Standards is preferred.
• CPA or comparable non-U.S. certification is preferred. 

Additional Information

At Fortune Brands Innovations, 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 ERGs (Employee Resource Groups) to support inclusivity and our associates’ feeling of belonging at work.

Fortune Brands Innovation (FBIN) is built on industry-leading brands and innovation within our operating segments: water, outdoors and security. We have an impressive track record of strong financial results, market outperformance and growth, which translates into career and professional growth opportunities for associates. Please visit our website at fbin.com to learn more

Equal Employment Opportunity

FBIN is an equal opportunity employer. FBIN 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

FBIN 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.