Senior Cost Accountant

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

Reporting to the Accounting Manager, Outdoors, the Senior Accountant assists the controllership function in our mission of timely and accurate reporting of financial results and ensuring internal controls over financial reporting are designed and operating effectively. This role will have a focus on cost accounting and general accounting duties across all Outdoors businesses including Larson, Therma-Tru, and Fiberon.

The ideal candidate will have at least 3 years of general accounting experience plus some cost accounting experience in a production/manufacturing environment, strong knowledge of GAAP and financial reporting, and have experience working with large ERP systems like Oracle, SAP, or Netsuite.

This role can be hybrid-based out of any of our corporate locations: Deerfield, IL (preferred), Maumee, OH, North Olmsted, OH, or Oak Creek, WI.

Salary: $90,000 - $100,000/year plus annual bonus program

What you will be doing:

• As a key contributor in the month-end closing process you will:
  • Record, classify, and summarize financial transactions and events in accordance with GAAP (Generally Accepted Accounting Principles)
  • Create journal entries (JEs) that tie to detail supporting documentation
  • Prepare balance sheet reconciliations by tying general ledger balance to detailed support
    • Investigate and determine remediation for unreconciled differences
• As a primary contributor to the cost accounting function at the Outdoors BU you will:
  • Determine, record, and report on the monthly excess inventory and obsolescence reserves
  • Summarize the cost implications of standard cost rollups and oversee the rollup process
  • Collaborate with the Sourcing/Procurement function to provide purchase price variance and inflation reporting; partner with leadership to establish appropriate action plans
  • Monthly reconciliation of inventory financial balances to system perpetual balances, including investigation of and adjusting for differences
  • Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs and provide actionable insights to management
• Emphasis on internal communications with staff at all levels throughout the organization; create and promote a positive and supportive work environment
• Perform assigned tasks, including special projects, analysis, and communication as directed by management
• Support Leadership with ad hoc reporting as needed
• Control owner of several key SOX controls as listed in the SOX risk and Controls Matrix

Qualifications

Basic Qualifications:

• Bachelor’s Degree in Accounting, Finance, or similar
• 3+ years of general accounting (including some cost accounting experience)
• Strong knowledge of GAAP and financial reporting
• Excellent communication and interpersonal skills
• Proficient in Microsoft Office Suite (specifically Excel)
• Experience working with large ERP systems (i.e. Oracle, SAP, Netsuite)

Nice to Have

• Public Accounting experience
• CPA certification or CPA eligible
• Detail-oriented with strong organizational skills

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: Plumbing, Doors 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.