Manager, Finance

Master Lock Company

Indiana

On-site

USD 90,000 - 143,000

Full time

2 days ago
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Benefits offered by this job

Annual bonus plan
Health plans
401(k) with company contribution
Product discounts
Flexible time off
Adoption benefits
Employee Resource Groups

Job summary

Fortune Brands Innovations is seeking a Finance Manager for the plant to own budgeting, forecasting, and cost control. You will lead daily, weekly, and monthly performance reporting on scrap, labor efficiency, and productivity initiatives in partnership with operations.

This role drives continuous improvement with cross-functional teams and mentors Financial Analysts. The position requires a finance/accounting degree and 5+ years in manufacturing finance, with strong communication skills and a

Qualifications

  • Bachelor’s degree in finance, accounting, or related field.
  • 5+ years of progressive finance experience within manufacturing, plant, or cost accounting.
  • Team supervisory or management experience preferred.
  • Strong verbal and written communication skills.
  • Experience supporting and driving lean projects.
  • Hands-on experience with standard costing, including building labor and overhead rates, running or supporting a cost roll, and analyzing manufacturing variances (material, labor, overhead, PPV)
  • Working knowledge of inventory accounting, including physical counts, cycle counts, and excess, obsolete and slow-moving reserves.

Responsibilities

  • Lead reporting and financial analysis of manufacturing expenses, providing actionable insights to support cost control, operational efficiency, and profitability objectives.
  • Develop, monitor, and report KPIs to measure operational and financial performance, enabling data-driven decision making.
  • Create and develop the annual plant budgets and monthly forecasts.
  • Evaluate periodic actual plant results vs budgets, forecasts and prior periods.
  • Lead standard plant cost and overhead development, including plant cost structure.
  • Manage monthly and year-end closing by analyzing key plant activity and costs.
  • Partner with Inventory to assess financial impacts of inventory management and drive mitigation with cross-functional teams.
  • Lead and develop Financial Analysts and reconcile daily production metrics.
  • Coordinate with Outdoors team in Therma Tru to ensure proper reporting, SOX controls, and audit support.
  • Identify and develop continuous improvement initiatives; communicate results through P&L.
  • Perform ad hoc tasks and special projects to support operations.

Skills

Supervisory experience
Communication skills
Lean projects
Standard costing
Inventory accounting
Manufacturing experience

Education

Bachelor’s degree in finance, accounting, or related field

Job description

Fortune Brands Innovations (NYSE: FBIN) is an industry-leading home, security and digital products company with a portfolio of trusted brands, including Moen, House of Rohl, Therma-Tru, Larson, Master Lock, Yale residential, and Sentry Safe.

We are building a company that is determined to win, and we are clear about how: strong brands, great people, and disciplined execution.

You'll join a team that puts customers first, keeps its commitments, and cuts through complexity to deliver meaningful results.

If you're looking for an opportunity to make an impact and help shape what's next for our iconic brands, we'd love to meet you.

The Finance Manager is the senior finance leader at the plant and the primary finance partner to the Plant Manager and operations leadership. Reporting to the Sr. Manager Finance, Operations, this role owns the financial performance of the plant. That includes building the annual budget and monthly forecasts, explaining results and variances, and turning operational data into actions that reduce cost and improve productivity. The role leads daily, weekly and monthly performance reporting on scrap, labor efficiency, spending and continuous improvement savings, and ensures the site has strong controls in partnership with accounting team.

RESPONSIBLIITIES:

What you will be doing

  • Lead reporting and financial analysis of manufacturing expenses, providing actionable insights to support cost control, operational efficiency, and profitability objectives.
  • Develop, monitor, and report key performance indicators (KPIs) to measure operational and financial performance, enabling data-driven decision making, and drive corrective actions with plant leadership.
  • Create and develop the annual plant budgets and monthly forecasts
  • Evaluate and communicate periodic actual plant results compared to budgets, forecasts and prior periods. With a focus primarily on variance reporting, and productivity metrics
  • Lead standard plant cost and overhead development, including plant cost structure
  • Manage the monthly and Y/E financial closing process by reviewing and analyzing key plant activity, costs, performance vs. forecast/operating plan.
  • Partner with the Inventory team to assess financial impacts related to inventory management, including obsolete and excess inventory analysis, and drive mitigation efforts with Product Management, Manufacturing, and cross-functional Therma-Tru teams.
  • Lead and develop Financial Analysts while partnering with plant leadership to reconcile and analyze daily production metrics, including scrap, labor efficiency, and operational performance drivers.
  • Coordinate with the Outdoors team in Therma Tru to ensure proper financial reporting, SOX controls, and audit support within the manufacturing site.
  • Partner with Operations to identify, evaluate, and develop continuous improvement initiatives, conducting monthly cost walks to quantify operational impacts and communicate financial results through the P&L.
  • Perform ad hoc tasks, including special projects, analysis, and communication as needed to support operations.
Qualifications

REQUIRED QUALIFICATIONS:

  • Bachelor’s degree in finance, accounting, or related field required
  • 5+ years of progressive finance experience within manufacturing, plant, or cost accounting.
  • Team supervisory or management experience preferred.
  • Strong verbal and written communication skills.
  • Continuously seeks opportunities to enhance knowledge and processes
  • Experience supporting and driving lean projects.
  • Hands-on experience with standard costing, including building labor and overhead rates, running or supporting a cost roll, and analyzing manufacturing variances (material, labor, overhead, PPV)
  • Working knowledge of inventory accounting, including physical counts, cycle counts, and excess, obsolete and slow-moving reserves

Key Skills and Attributes

  • Strong business partner who is credible on the plant floor and with senior leadership
  • Explains the "why" behind the numbers clearly and simply
  • Curious and hands-on: walks the floor, asks questions, follows the data
  • Takes ownership and drives results, with a bias for action
  • Can push back respectfully and hold a firm position on numbers and controls
  • Organized, manages deadlines and works well under month-end pressure
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: $90,000 USD - $143,000 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, adoption benefits, and more. We offer numerous ERGs (Employee Resource Groups) to foster a sense of belonging for all associates.

Fortune Brands is built on industry-leading brands and innovation within the high-growth categories of water, outdoors and security. The Company makes innovative products for residential and commercial environments, with a growing focus on digital solutions and products that add luxury, contribute to safety and enhance sustainability. To learn more, visit our website at fbin.com .

Fortune Brands is an equal opportunity employer. Fortune Brands 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

Fortune Brands 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 ada@fbin.com and let us know the nature of your request along with your contact information.

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