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.
Job Description
JOB DESCRIPTION:
The Sr. Manager, External Reporting is responsible for managing all aspects of our external SEC reporting and technical accounting, as well as direct involvement and review of the consolidation process in Oracle FCCS and ownership of certain internal reporting deliverables. The position requires a strong self-starter with an exceptional work ethic, strong interpersonal and communication skills (written and verbal), and the ability to adapt quickly and learn new tasks independently.
Position location: Deerfield, IL - Hybrid (Flexibility to work from home Mondays and Fridays)
RESPONSIBLIITIES:
What you will be doing
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Manages the preparation of SEC filings, including Annual Form 10-K, Quarterly Form 10-Q and other required filings. Leverages monthly and quarterly business review materials in addition to other internal strategic publications to build a sound understanding of the business which enables ownership of MD&A section and all the footnotes to the financial statements.
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Responsibility for detailed review of the financial statement disclosures, the tie-out information for notes to the financial statements, and completion of disclosure controls and procedures related to internal control over financial reporting.
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Manages the accounting process around acquisitions and divestitures, including the roll forward of closing balance sheet to opening balance sheet and the preparation of technical memoranda associated with acquisition accounting.
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Provides support to Investor Relations in earnings release and other financial information.
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Manages various monthly and quarterly reporting activities including restructuring analysis, defined benefit plans review, monthly cash reports and other pertinent analyses.
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Manages in the development, maintenance, and distribution of Fortune Brands accounting policies; leading efforts with the business units in ensuring consistent application of enterprise -wide accounting policies.
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Effectively manages the relationship and process with external auditors, internal auditors and actuaries for preparation of the Company’s regulatory filings.
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Research technical accounting matters, monitors US GAAP and SEC developments, assists with company-wide implementation of new accounting pronouncements and reporting requirements.
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Assists Fortune’s business units and corporate accounting assessment of complex technical accounting matters including defined benefit plans, acquisition accounting, share based compensation, restructuring, EPS and revenue recognition.
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Manages the preparation and review of goodwill and indefinite-lived intangible asset testing.
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Manages the preparation and review of definite-lived intangible asset and long-lived asset group testing.
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Provide support or lead other key strategic projects as needed.
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Perform and/or coordinate yearly performance reviews for direct report(s) including assistance in career development where appropriate.
Qualifications
REQUIRED QUALIFICATIONS:
- B.A/B.S. in Accounting
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7+ years of accounting experience in external reporting
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CPA
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5+ years of management experience
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Possess technical expertise related to GAAP and external reporting including, but not limited to, SEC reporting, business combinations, pension accounting, intangible assets, revenue recognition and Sarbanes-Oxley requirements
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Demonstrated recent experience in researching and preparing technical accounting memoranda for complex issues and new pronouncements
PREFERRED QUALIFICATIONS:
- Master’s degree
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Public Accounting experience with public company clients
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Oracle FCCS and/or SAP experience a plus
Additional Information
Fortune Brands believes in fair and equitable pay. A reasonable estimate of the base salary range for this role is Hiring Pay Range: $120,000 USD - $192,500 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.
