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Finance Analyst

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 a Finance Analyst for our Outdoors Business Unit, you will have the opportunity to drive innovation through advanced data and strategic insights. You will leverage cutting-edge data visualization tools and collaborate cross-functionally to transform complex sales and market data into actionable strategies that fuel growth and optimize performance. Your work will pioneer enhancements in reporting, financial processes, and help empower key stakeholders with dynamic, forward-thinking decision support.

The ideal candidate will have a bachelor's degree in accounting or finance with 2+ years of experience in a large corporation or public accounting firm. 

This hybrid role offers flexibility, with in-office collaboration on Tuesday, Wednesday, and Thursday at your choice of our Maumee, OH or North Olmsted, OH office locations.

What you will be doing:

  • Review market and customer trends to provide valuable insights to the business unit.
  • Track sales performance by channel, region, and customer, delivering variance analysis against plans and forecasts.
  • Manage Gross-to-Net process, ensuring accurate balance sheet reconciliations.
  • Optimize down-channel reporting from customers to deliver actionable insights for sales stakeholders.
  • Monitor new product financials and support the Stage Gate process by collaborating on P&L development.
  • Partner with the Business Intelligence team to enhance reporting and data.
  • Support stakeholders with presentations and ad hoc financial analyses.

 

Qualifications

  • Bachelor’s Degree in Finance or Accounting
  • 2-5 years of experience working in Accounting, Finance, or related experience.
  • Strong working knowledge of Microsoft Excel.

PREFERRED QUALIFICATIONS:

  • Strong Analytical skills & financial acumen.
  • Strong communication skills and ability to work effectively cross-functionally.
  • Ability to multi-task and manage multiple priorities.
  • Ability to work effectively in a team and process-based environment, with the ability to look for areas of continuous improvement.

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 [email protected]  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.  

Average salary estimate

$72500 / YEARLY (est.)
min
max
$60000K
$85000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Finance Analyst, Fortune Brands

At Fortune Brands Innovations, Inc., we're on the lookout for a passionate Finance Analyst who will take charge of driving innovation in our Outdoors Business Unit. Based in our North Olmsted, OH location, you'll be at the heart of translating complex sales and market data into strategic insights that optimize performance and fuel growth. As a Finance Analyst, you will leverage advanced data visualization tools, collaborate with dynamic teams, and provide valuable insights to empower key stakeholders in making informed decisions. You’ll dive into market trends, track sales performance, manage Gross-to-Net processes, and support financial analyses for product developments. We're looking for someone with a Bachelor’s degree in Finance or Accounting along with 2-5 years of experience in a similar environment. Here, you can expect a hybrid working model - with in-office collaboration on Tuesdays, Wednesdays, and Thursdays. Your work will not only affect the company's bottom line but help us elevate lives by transforming spaces into havens. Join our inclusive team where diverse perspectives are valued, and take part in our robust benefits program focusing on your overall wellbeing. Get excited about the opportunity to grow with Fortune Brands and help us innovate smarter and safer home solutions!

Frequently Asked Questions (FAQs) for Finance Analyst Role at Fortune Brands
What are the primary responsibilities of a Finance Analyst at Fortune Brands Innovations?

As a Finance Analyst at Fortune Brands Innovations, your responsibilities include tracking sales performance, providing variance analysis against plans and forecasts, managing the Gross-to-Net process, and optimizing reporting to deliver actionable insights for stakeholders. You will also collaborate with the Business Intelligence team to enhance data reporting and support the P&L development process for new products.

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What qualifications are required for the Finance Analyst position at Fortune Brands?

To qualify for the Finance Analyst role at Fortune Brands, you need a Bachelor’s degree in Finance or Accounting and 2-5 years of relevant experience. Proficiency in Microsoft Excel and strong analytical skills are essential, along with effective communication skills to work cross-functionally and manage multiple projects.

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How does the Finance Analyst role at Fortune Brands support business innovation?

The Finance Analyst role at Fortune Brands supports business innovation by leveraging advanced data analytics and strategic insights to drive growth. By analyzing market trends and sales performance, you will provide actionable recommendations that influence key decisions and improve financial processes.

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What is the work environment like for a Finance Analyst at Fortune Brands?

The work environment for a Finance Analyst at Fortune Brands is dynamic and collaborative with a hybrid model. You will work both in-office and remotely, providing flexibility while fostering an inclusive and diverse culture where every team member can thrive and contribute their unique perspectives.

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What benefits can a Finance Analyst expect at Fortune Brands Innovations?

Finance Analysts at Fortune Brands Innovations can expect a comprehensive benefits package that includes robust health plans, a competitive 401(k) program with company contributions, flexible time-off benefits, and adoption/fertility support. Additionally, the company offers a supportive culture with various Employee Resource Groups that promote inclusivity.

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Common Interview Questions for Finance Analyst
Can you describe your experience with financial analysis in previous roles?

When answering this question, focus on specific projects or tasks where your financial analysis skills were pivotal. Discuss tools you used, such as Excel or data visualization software, and explain how your insights led to positive outcomes or decisions in your previous company.

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How do you approach managing multiple priorities in a finance-related role?

In your response, highlight your time management strategies and the systems you have in place to prioritize tasks effectively. Mention any tools you use, whether it's creating detailed to-do lists or using project management software, to stay organized and meet deadlines.

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What data visualization tools are you familiar with, and how have you used them?

Respond with specific names of data visualization tools you have worked with, such as Tableau or Power BI. Give examples of how you utilized these tools to present data insights to stakeholders, explaining how it improved decision-making processes.

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Describe a time you identified a financial discrepancy. How did you resolve it?

Here, you should prepare a specific instance from your experience where you uncovered a financial error. Detail the steps you took to analyze the issue, how you communicated it to your team, and what resolution methods you implemented to correct the discrepancy.

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How do you stay updated on financial regulations and best practices?

Demonstrate your initiative by mentioning sources you follow, such as finance journals, webinars, or professional organizations. Discuss how you apply the knowledge gained to ensure compliance and enhance your skill set in your finance analyst role.

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What role do you believe intuition plays in financial analysis?

Explain that while data and analysis are crucial, intuition based on experience can be equally important. Discuss how you balance data-driven decision-making with intuitive insights, especially in ambiguous situations where data might not provide clear answers.

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Can you give an example of how you've contributed to a team project in finance?

Choose an example that illustrates collaboration. Explain your role, how you contributed to the project, and the successful outcome that resulted from teamwork. This showcases your ability to work well in a process-based environment.

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How would you explain complex financial information to non-financial stakeholders?

In your answer, emphasize the importance of clarity and simplicity. Discuss techniques you use, like breaking down data into key takeaways, using visuals, and ensuring you relate the information to the stakeholder's interests or concerns.

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What strategies do you employ for variance analysis?

Detail your approach to variance analysis, such as identifying key performance indicators, using comparative benchmarks, and regularly conducting reviews. Mention how these strategies help you provide insightful interpretations of financial performance.

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Why do you want to work for Fortune Brands Innovations specifically?

Tailor your answer by discussing Fortune Brands' values, commitment to innovation, and the opportunities for personal and professional growth. Express your excitement about contributing to the company’s mission of enhancing living spaces and supporting its inclusive culture.

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Full-time, hybrid
DATE POSTED
December 4, 2024

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