Sr. Manager, External Reporting

About the Company

Fortune Brands Innovations, Inc. is an industry-leading home, security, and digital products company focused on opportunities within the home, security, and commercial building markets. Our purpose is to elevate every life by transforming spaces into havens. We believe our work and brands positively impact our business, shareholders, people, and the planet. We foster a workplace where smart, ambitious individuals are supported to reach their full potential, and we embrace an inclusive culture where differences and unique perspectives are strengths.

About the Role

The Sr. Manager, External Reporting is responsible for managing all aspects of external SEC reporting and technical accounting, as well as direct involvement and review of the consolidation process in Oracle FCCS and ownership of certain internal reporting deliverables. This position is based in Deerfield, IL, with a hybrid schedule offering flexibility to work from home on Mondays and Fridays.

Responsibilities

• Manages the preparation of SEC filings, including Annual Form 10-K, Quarterly Form 10-Q, and other required filings.
• Leverages monthly and quarterly business review materials and internal strategic publications to build a sound understanding of the business, enabling ownership of the MD&A section and all footnotes to the financial statements.
• Responsible for the detailed review of financial statement disclosures, tie-out information for notes to the financial statements, and completion of disclosure controls and procedures related to internal control over financial reporting.
• Manages the accounting process around acquisitions and divestitures, including the roll forward of the closing balance sheet to the opening balance sheet and preparation of technical memoranda associated with acquisition accounting.
• Provides support to Investor Relations in earnings releases and other financial information.
• Manages various monthly and quarterly reporting activities, including restructuring analysis, defined benefit plans review, monthly cash reports, and other pertinent analyses.
• Leads the development, maintenance, and distribution of Fortune Brands accounting policies, ensuring consistent application across business units.
• Effectively manages relationships and processes with external auditors, internal auditors, and actuaries for the preparation of the Company’s regulatory filings.
• Researches technical accounting matters, monitors US GAAP and SEC developments, and assists with company-wide implementation of new accounting pronouncements and reporting requirements.
• Assists business units and corporate accounting in assessing complex technical accounting matters, including defined benefit plans, acquisition accounting, share-based compensation, restructuring, EPS, and revenue recognition.
• Manages the preparation and review of goodwill and indefinite-lived intangible asset testing.
• Manages the preparation and review of definite-lived intangible asset and long-lived asset group testing.
• Provides support or leads other key strategic projects as needed.
• Performs and/or coordinates yearly performance reviews for direct report(s), including assistance in career development where appropriate.

Qualifications

• B.A/B.S. in Accounting.
• 7+ years of accounting experience in external reporting.
• CPA certification.
• 5+ years of management experience.
• Technical expertise related to GAAP and external reporting, including SEC reporting, business combinations, pension accounting, intangible assets, revenue recognition, and Sarbanes-Oxley requirements.
• Demonstrated recent experience in researching and preparing technical accounting memoranda for complex issues and new pronouncements.

Preferred Qualifications:

• Master’s degree.
• Public accounting experience with public company clients.
• Oracle FCCS and/or SAP experience.

Pay

A reasonable estimate of the base salary range for this role is $120,000 USD - $192,500 USD. Actual salaries may vary based on factors including 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.

Benefits

• Comprehensive health plans.
• Market-leading 401(k) program with company contribution.
• Product discounts.
• Flexible time off benefits.
• Adoption benefits.
• Employee Resource Groups (ERGs) to foster a sense of belonging.