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Senior Financial Analyst - job 1 of 2

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

The Senior Financial Analyst plays a critical role in supporting financial reporting, planning, and analysis processes. This individual will be a strategic partner to cross-functional teams, providing insights that drive financial performance, enhance profitability, and support business decision-making. This role involves managing financial planning cycles, conducting variance analysis, and providing key insights to leadership.

 

This position will work closely with Finance leadership and other business partners to ensure accurate financial forecasting, reporting, and analysis. The role may support one or multiple business units or functions.

 

Position location: Deerfield, IL - Hybrid

 

RESPONSIBLIITIES:

What you will be doing

  • Lead financial planning processes, including annual budgeting, monthly forecasting, and variance analysis.
  • Partner with business unit leadership and cross-functional teams to drive financial insights and improve decision-making.
  • Analyze financial results, key performance indicators (KPIs), and business trends to provide actionable recommendations.
  • Support month-end and quarter-end close processes, including financial reporting, sales analysis, and expense reviews.
  • Conduct financial modeling for strategic initiatives such as pricing strategies, new product development, customer contract negotiations, and investment opportunities.
  • Provide financial guidance for sales, marketing, and operational functions, identifying opportunities for revenue growth and cost efficiencies.
  • Assist in rebate calculations, balance sheet reconciliations, and compliance reviews in collaboration with corporate accounting and audit teams.
  • Develop and present financial reports, dashboards, and executive summaries to key stakeholders.
  • Support M&A integration and process improvement initiatives to streamline finance operations.
  • Perform ad hoc financial analysis and project support as needed.

 

To excel in this role, the Senior Financial Analyst must demonstrate the following core finance competencies:

  • Analytics: Ability to analyze large datasets, identify key insights, and translate them into actionable recommendations. A strong candidate will leverage data-driven decision-making, experiment with new analytical methods, and continuously refine processes to improve accuracy and efficiency.
  • Continuous Improvement: A mindset focused on streamlining processes, increasing efficiency, and driving business impact. This includes proactively identifying areas for improvement, implementing scalable solutions, and adapting processes to evolving business needs.
  • Business Communication & Influence: The ability to communicate complex financial insights clearly and persuasively to stakeholders across the organization. This includes active listening, leveraging data visualization, and presenting compelling, data-supported recommendations that drive decision-making.

Qualifications

  • Bachelor’s degree in Finance, Accounting, Business, or a related field.
  • 5+ years of experience in financial planning, analysis, or a related field.
  • Strong analytical skills with the ability to interpret financial data and provide insights.
  • Advanced proficiency in Microsoft Excel; experience with PowerPoint, Word, and financial modeling.
  • Excellent communication and presentation skills, with the ability to work across various levels of the organization.
  • Ability to manage multiple priorities in a fast-paced environment with minimal supervision.

 

PREFERRED QUALIFICATIONS:

  • MBA, CPA, or CMA is a plus.
  • Experience with financial systems such as Oracle, SAP, BPC, HFM, Essbase, or Tableau.
  • Previous experience in sales finance, commercial finance, or supporting cross-functional teams.

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: $70,000 USD - $110,000 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 (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.

We are committed to a diverse and inclusive workplace and encourage applicants from all backgrounds to apply. To support our efforts, we invite you to voluntarily share your gender, ethnicity, and veteran status. This information is confidential and helps us ensure an inclusive hiring process and improve our diversity initiatives.

 

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

$90000 / YEARLY (est.)
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$70000K
$110000K

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What You Should Know About Senior Financial Analyst, Fortune Brands

At Fortune Brands Innovations, Inc., we're on the lookout for a skilled Senior Financial Analyst to join our team in Deerfield, Illinois. This role is not just about numbers; it's about becoming a strategic partner who drives financial performance and enhances profitability across our diverse portfolio of brands. As a Senior Financial Analyst, you will lead financial planning processes, conduct variance analysis, and provide invaluable insights to help shape key business decisions. You'll work closely with cross-functional teams and finance leadership to ensure accurate forecasting and financial reporting. This hybrid role allows you to collaborate with business unit leaders while offering the flexibility to work from home. Your expertise in analyzing financial results and identifying key performance indicators will empower you to provide actionable recommendations that support revenue growth and cost efficiencies. Of course, you'll also be involved in everything from month-end closings to ad hoc financial analyses, ensuring business strategies align with our company's financial goals. If you have a passion for finance and the ability to communicate complex insights clearly, then you could be the perfect fit for our dynamic team. Join us, and help us transform spaces into havens while making a tangible impact on the lives of others!

Frequently Asked Questions (FAQs) for Senior Financial Analyst Role at Fortune Brands
What are the primary responsibilities of a Senior Financial Analyst at Fortune Brands Innovations, Inc.?

As a Senior Financial Analyst at Fortune Brands Innovations, Inc., you'll be responsible for leading financial planning processes, conducting variance analysis, and collaborating with cross-functional teams to provide insights that drive financial performance. Your role will include overseeing budgeting, forecasting, and regular financial reporting to support business decision-making across various functions.

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What qualifications do I need to become a Senior Financial Analyst at Fortune Brands Innovations, Inc.?

To qualify for the Senior Financial Analyst position at Fortune Brands Innovations, Inc., candidates should possess a Bachelor’s degree in Finance, Accounting, Business, or a related field, along with over 5 years of relevant experience in financial planning and analysis. Advanced analytical skills and proficiency in Excel are also essential, while an MBA, CPA, or CMA is preferred.

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How does the Senior Financial Analyst role contribute to business decision-making at Fortune Brands Innovations, Inc.?

The Senior Financial Analyst role at Fortune Brands Innovations, Inc. is critical in providing analytics and insights that influence business decisions. By analyzing financial results and key performance indicators, the Senior Financial Analyst offers actionable recommendations that help drive revenue growth, improve profitability, and support strategic initiatives like pricing and investment opportunities.

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What tools and systems should a Senior Financial Analyst be familiar with at Fortune Brands Innovations, Inc.?

At Fortune Brands Innovations, Inc., proficiency in Microsoft Excel is a must for the Senior Financial Analyst role, along with experience in financial systems such as Oracle, SAP, BPC, HFM, Essbase, or Tableau. Familiarity with data visualization tools will further enhance your ability to communicate complex financial insights effectively.

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What are the growth opportunities for a Senior Financial Analyst at Fortune Brands Innovations, Inc.?

At Fortune Brands Innovations, Inc., the Senior Financial Analyst position offers excellent growth opportunities, including the potential for advancing into leadership roles within the finance team or transitioning into different functions within the organization. The company's commitment to employee development and inclusive culture provides a supportive environment for career progression.

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Common Interview Questions for Senior Financial Analyst
How do you prioritize multiple financial planning tasks as a Senior Financial Analyst?

In this role, effective prioritization is key. I tend to assess deadlines and the impact each task has on business objectives. I utilize project management tools to track progress and ensure that critical deliverables meet their timelines while maintaining open communication with stakeholders.

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Can you describe your experience with financial modeling?

Certainly! I've developed financial models for various initiatives, such as pricing strategies and new product launches. I ensure my models include assumptions based on historical data and market research, enabling informed decision-making and clear projections that align with organizational goals.

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What analytical methods do you typically use to assess financial performance?

I use a combination of trend analysis, variance analysis, and predictive modeling to assess financial performance. This allows me to identify patterns in financial data and pinpoint areas for improvement, facilitating meaningful outcomes for the organization.

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How do you communicate complex financial data to non-finance stakeholders?

To effectively communicate complex data, I use clear visuals such as charts and graphs, along with straightforward language. Simplifying information ensures that all stakeholders, regardless of their financial background, understand key insights and recommendations.

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Can you give an example of how you've helped improve a financial process?

In a previous role, I identified inefficiencies in the month-end closing process. By implementing automated data consolidation tools, we significantly reduced the time needed for financial reporting, allowing the finance team to focus more on analysis and strategic decision-making.

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Describe your experience with budgeting and forecasting.

I have extensive experience leading annual budgeting and monthly forecasting processes. I collaborate closely with department heads to gather input and align budgets with strategic objectives. My approach ensures that forecasts are realistic and informed by past performance trends.

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What techniques do you use to analyze financial data?

I utilize both quantitative and qualitative techniques to analyze financial data. Statistical analysis helps me understand trends, while qualitative insights from team discussions provide context that numbers alone might not reveal, leading to more informed recommendations.

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How do you handle conflicts with team members during a financial analysis project?

In such situations, I prioritize open and honest communication. I listen to different viewpoints and try to understand the underlying concerns. By focusing on data and shared objectives, I work to find common ground and collaborative solutions that benefit the project.

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What role does continuous improvement play in your work as a Senior Financial Analyst?

Continuous improvement is vital in my work. I regularly assess existing processes and seek areas of enhancement, whether that be through streamlining workflows, adopting new technologies, or refining analytical methods to ensure the team operates efficiently and effectively.

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How do you stay updated on industry trends and changes affecting financial analysis?

I subscribe to industry publications, participate in finance-related webinars, and engage in professional networking groups. Staying abreast of developments in financial regulations, technological advancements, and market trends allows me to apply the most current knowledge in my work.

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DATE POSTED
February 12, 2025

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