Sr Business Finance Analyst II
Company: OWENS CORNING
Location: Newark
Posted on: January 27, 2023
Job Description:
-PURPOSE OF THE JOB -The Senior Finance Analyst, Insulation
provides financial support for the commercial and FP&A aspects
of Foamular -(Foam) business. In support of the commercial agenda,
this person provides financial reporting and analysis and will
maintain financial ownership of the business including sales,
volume, price, mix to support the business goals of the Director of
Sales and commercial leadership across the Foam business segments.
They will also be responsible for gathering, analyzing, preparing
and summarizing the P&L results and forecasts including
financial forecasts and strategic and operating plans. This
individual will lead the consolidation and reporting of key
financials of the business, mainly the P&L/income statement and
partner with the division FP&A team for other financial
reporting as needed. - Additionally, the position provides
functional leadership support for several aspects of Finance
including objective business insights, systems implementation,
external financial perspective, asset management, timely financial
analysis, and effective control infrastructure. -Join an
organization that believes that every employee owns a piece of our
bold growth goals and ultimate success. We are a market-leading
innovator that has placed on the Fortune 500 -. Owens Corning is
devoted to delivering sustainable solutions across our three
business segments while striving to ensure our people and products
make the world a better place. We take pride in having an inclusive
and diverse workplace with employees around the globe. - A holistic
sense of community exists across our entire organization as our
talent grows globally. We are a company that fully recognizes the
importance of paving a path to a sustainable and safe enterprise
through investing in our people. Our desire to make an impactful
difference in the world flows from top down to all levels of the
organization. By being a company that instills pride within each
and every employee, we aspire to build market-leading businesses;
global in scope - human in scale. -Reports to: Foam Business
Finance LeaderSpan of Control: Individual Contributor -JOB
RESPONSIBILITIES -Reporting and Analysis -
- Lead the management reporting process for the Foam business
including in-depth analysis of variances between actual results,
plan and forecast.
- Create weekly and monthly reporting and provide insights into
drivers of results. Areas of focus include price, sales volumes,
product mix and overall P&L results. Synthesize results to
identify risks and opportunities and communicate insights to the
Foam sales team and leadership.
- Monitor the monthly closing process in conjunction with
Corporate Accounting, FP&A, and other functional teams
(manufacturing, supply chain, Opex) teams. Communicate
monthly/quarterly results in a timely manner to leadership.
- Maintain, deliver, and own an integrated P&L, and Foam
Profitability Model for the business.
- Support the finance leader in articulating the near and
long-term story of the business in Foam leadership meetings and
help as needed with monthly business reviews with the President/CFO
of the division. Arrange and lead meetings with monthly cadences as
required.
- Provide effective and timely financial information, thoughtful
business insights/analytics and business performance evaluations to
ensure Business Leaders are effective in creating and executing the
business segment's strategy and operating plan. -Financial
Forecasting and Business Planning -
Maintain and own an integrated and
consolidated financial forecasting model that provides an accurate
forecast of the business at both the product and market level, on a
monthly basis.Develop and maintain a robust and up-to-date list of
risks and opportunities to the forecast, collaborating with the
finance leader and other business leaders.Own the monthly
pacing/prediction process taking into account latest info from
various functions and calculate likely impact on the month's
results.Collaborate cross-functionally and vertically with peers
and Foam leadership to develop actionable, accountable, and
resilient operating and strategic plans on an annual basis.Apply
external perspective and maintain intimate knowledge of the
segment's competitive environment, market conditions, customers,
and profit drivers. -Influence the performance of the business -
- Partner with Sales Director as the lead financial support for
the Foam business. Interface directly with regional sales leaders
to build robust forecast and operating plans and measure business
performance.
- Provide decision support by financial modeling, business case
analysis and financial/management reporting in order to retain and
gain new business.
- Demonstrate financial acumen founded on solid fundamentals as
well as a business acumen that reflects and understanding of the
dynamics of the business.
- Evaluate financial implications of specific business
decisions/opportunities and advise management accordingly to ensure
targeted financial performance achievement.
- Exercise judgment to determine appropriate course of action and
prepare business recommendations based on sound financial
analysis.
- Provide concise and effective communication of financial
results in a timely manner to management and non-financial
personnel.
- Provide thought leadership on opportunities to improve the
performance of the business.
- Have a continuous improvement mindset, evaluate financial
processes and standard work cadences, make recommendations as
needed to improve efficiencies and eliminate waste. -Demonstrate
leadership horizontally and vertically -
- Partner with Foam business finance on various financial
analytical needs focused on delivering business financial
results.
- Collaborate cross-functionally with other business and
divisional FP&A functions to drive standardized and automated
reporting and analysis -Lead an effective financial controls
environment -
- Support process of ensuring that there is an effective and
efficient system of internal controls including data integrity,
asset protection, segregation of duties, budgeting, financial
reporting, information systems and adherence to corporate policies
and governmental regulations (GAAP, SOX compliance, etc.)
- Maintain a clear tone regarding business conduct, ethics, the
law, and financial controls.
- Ensure assets are safeguarded to maximize financial
performance.
- Solve controls issues at the "root cause" and create broad
organizational learning.
- Maintain independence in the view and assessment of the
business control environment.
- Raise all issues of significant risk and non-compliance to the
Financial Leader for the business group. -JOB REQUIREMENTS -MINIMUM
QUALIFICATIONS:
Bachelor's degree in a relevant
discipline5+ years progressive financial analysis experience in a
manufacturing/corporate environment.2+ years experience in
partnering with business leadersExperience with financial planning
and forecastingStrong Microsoft Office Suite (Excel and PowerPoint)
skills -PREFERRED EXPERIENCE:
MBA strongly preferredProficiency in
SAP and BI reporting systemsFunctioning in a highly matrixed
structure across functional, business, geographic and cultural
boundaries2+ years in a commercial facing finance roleDemonstrated
ability to identify, develop and implement process
improvementsDemonstrated rate of growth and success in prior roles
Preparing executive level material
and presentations - -KNOWLEDGE, SKILLS & ABILITIES:
Strong financial and analytical
acumenCorporate finance and manufacturing costing principles,
understands P&L and balance sheet dynamics, principles of cost
control/managementDevelops and uses knowledge of customers,
competition, and the market to drive business decisionsDistill
multiple points of view and inputs to form points of view and near
and long-term actionsThink strategically and set/execute strategic
directionMust be a self-starter, be an active participant on teams,
and proactively meet with internal or external customers to meet
their needsKnows and reads audiences, can tell the story of the
business group to all levels of the organizationCan successfully
form and then share candid and sometimes unpopular messagesHas a
broad operating style, awareness of self, and ability to adapt
across cultures and environmentsHighly motivated and results driven
with a high energy level, has a bias for proactive actionEnjoys
keeping score to know whether the business group is winningHas a
strong attention to detailLoves the best ideas, not his/her own
ideasCan teach and communicate in simple, impacting termsGets
others to open up, offer information, and share points of
viewFunctions in a manner that defines winning for the team rather
than the individualOperates with independent objectivity, does not
allow feelings, relationships, or biases to distract reasoningOwns
misses and learns from failure -#LI-SN1 -#LI-hybrid -About Owens
Corning - - Owens Corning is a global building and construction
materials leader committed to building a sustainable future through
material innovation. Our three integrated businesses - Composites,
Insulation, and Roofing - provide durable, sustainable,
energy-efficient solutions that leverage our unique material
science, manufacturing, and market knowledge to help our customers
win and grow. We are global in scope, human in scale with
approximately 20,000 employees in 33 countries dedicated to
generating value for our customers and shareholders, and making a
difference in the communities where we work and live. Founded in
1938 and based in Toledo, Ohio, USA, Owens Corning posted 2021
sales of $8.5 billion. For more information, visit -.Owens Corning
is an equal opportunity employer. - -
Keywords: OWENS CORNING, Newark , Sr Business Finance Analyst II, Professions , Newark, Ohio
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