Senior Director
Manufacturing

N/A

Senior Director, Financial Business Services

Fortune Brands Innovations
North Olmsted

2 years ago

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The Senior Director, Financial Business Services is responsible for leading and shaping our future state Accounts Payable (AP), Accounts Receivable (AR), and Credit functions. This role offers an exciting opportunity to drive strategic transformation within our financial operations, optimizing resourcing, and providing world-class services to our business units.

  • Develop and execute the strategy for shared services in the AP, AR and Credit functions across the global FBIN organization.
  • Determine future state systems, align processes, and harmonize policies to drive efficiency and effectiveness in the order-to-cash and procure-to-pay processes.
  • Identify and leverage technology to increase the effectiveness and efficiency of the order-to-cash and procure-to-pay processes; lead the adoption of these technologies by the organization.
  • Collaborate with teams across the company to prioritize and execute process improvements, considering activities, policies, infrastructure, internal control, and governance mechanisms.
  • Lead the multi-year effort to transform the company’s order-to-cash and procure-to-pay processes toward “best in class” performance.
  • Analyze the current end-to-end order-to-cash and procure-to-pay processes including the underlying activities, policies, infrastructure, internal control and governance mechanisms and technologies utilized to assess areas of improvement and integration across the enterprise. Collaborate with teams across the company to prioritize and execute improvements.
  • Partner with IT and external vendors to ensure the order-to-cash and procure-to-pay processes are supported by appropriate, future-oriented technology solutions, including robotic process automation.
  • Develop order-to-cash and procure-to-pay operating models that drive efficiency and effectiveness, including assignment of roles and responsibilities globally.
  • Ensure the execution of appropriate internal controls supported by documented policies and procedures across all relevant groups.
  • Act as a change agent to lead a culture of self-assessment and continuous improvement to ensure ongoing improvement in the effectiveness and efficiency of the record to report processes.
  • Leverage expertise in controllership functions, regulatory compliance (SOX), and internal audit to monitor the impacts of record to report process changes on governance and internal controls; ensures appropriate assessment and communication with stakeholders.
  • Lead the continuous improvement of the business process improvement framework and performance management capabilities through regular benchmarking with outside organizations to keep current with best practices, new technologies, and approaches.

BASIC QUALIFICATIONS:

  • Bachelor’s degree in Accounting or a related discipline is required; a Master’s degree in Business Administration is preferred.
  • 10+ years of related Business, Accounting, and Finance experience including being responsible for strategy development, with a minimum of 5 years of experience managing a large team in a financial processing organization, preferably in a captive or outsourced shared services environment.
  • Significant ERP system experience required, SAP is preferred.
  • Proven knowledge of U.S. Generally Accepted Accounting Principles, along with demonstrated ability to analyze financial information and provide solutions to issues.
  • Demonstrated experience in leading process re-engineering, program management and technology implementation.

PREFERRED QUALIFICATIONS:

  • Experience with non-U.S. statutory accounting and/or International Financial Reporting Standards is preferred.
  • CPA or comparable non-U.S. certification is preferred.
Salary
$
199000
-
$
301000
Responsibility
Scope
-
Workplace
-
Functions
Level
N0
Travel
0%
Date Added
03-29-2024

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