Manager, Financial Reporting

This role will be responsible for the completion of various month end close, financial reporting, budgeting and forecasting activities and associated analysis in support of the business. This role will also act as a finance business partner to ensure all reporting and analysis requirements are fulfilled for the respective Business Segment. The Finance Manager will utilize their accounting and financial background to provide financial advice to their respective business partners.

**Main Responsibilities: (Rank by Importance)**

Monthly Reporting:

- Analyze both Balance Sheet and P&L variances. Provide variance explanations for all applicable periods to be included in the reporting package.
- Analyze Standard Cost of Sales and PPV Variances. Understand, reconcile and explain variances due to volume, mix, price, FX, etc.
- Complete monthly scorecards for the business segment.
- Prepare customer and channel P&Ls and other financial reporting to be included in the month end financial packages. Review cost allocations amongst P&L’s and ensure reasonable.
- Ensure all reporting hierarchies are maintained in order to feed financials accurately.
- Proactively identify, develop and implement enhancements to existing reporting and business reports.
- Lead monthly meetings with department heads and Finance leaders to analyze spending, review financial metrics and variance explanations and provide financial recommendations accordingly.
- Liaise closely with Moen U.S. finance to maintain the integrity of the financial statements, ensure reporting deadlines are met and ongoing development of reporting tools.
- Assist in the preparation and review of corporate accounting policies/procedures.

Budgeting/Forecasting:

- Develop annual business plan and monthly forecasts by working with planning, marketing and sales departments.
- Develop and monitor annual expense budgets with each department head. Track spending throughout year to ensure in line with budget/forecasts. Make appropriate recommendations to department heads and Finance Leaders.
- Forecast period costs on a monthly basis by cost centre and cost element
- Load all forecast/plan data into BPC/SAP
- Complete Balance Sheet forecasting on a quarterly and annual basis

Financial/Business Analysis:

- Complete all special requests such as pricing analyses and feasibility of new business opportunities, assist sales associates with ad hoc customer requests, direct involvement with customers to resolve issues, etc.
- Review and model annual sales bonus plan to assess financial reasonability.
- Develop and administer annual sales team bonuses based on targets. Communicate results to sales associates and sales leadership team.
- Participate in teams and provide financial perspective/support as required i.e. New Product Development teams.
- Ad hoc assignments and analysis as required.

Customer Programs:

- Work with sales leadership team to develop and model annual customer rebate plans to ensure financial reasonability
- Develop, calculate, pay, and reconcile volume rebate and other customer programs.
- Analyze all builder and plumber rebates to ensure reserves are sufficient and accurate. Identify and implement process improvements where necessary.

Period-end Close:

- Prepare and review monthly, quarterly and annual financial results to ensure completeness and accuracy.
- Complete journal entries, reconciliations, and account analysis to maintain the integrity of financial statements.
- Analyze relevant reserve and other G/L accounts to ensure accuracy and completeness of balances.
- Ensure reserves are adequate to fulfill financial obligations.
- Identify issues, ensure correct and timely postings with proper documentation.
- Ensure all procedures comply with corporate audit guidelines and Sarbanes Oxley.

Process Improvement:

- Explore new finance capabilities within SAP other tools and implement.
- Work with IT in order to improve configuration and functionality.
- Review current processes and provide suggestions where applicable to automate and improve efficiencies.
- Ad Hoc Projects as assigned.

Qualifications:

- Accounting Designation Required (CPA/CA/CMA/CGA)
- Minimum 8 years of progressive accounting/FP&A experience in a fast-paced organization, preferably within the CPG industry
- Corporate Reporting & Accounting Experience
- Operational insight
- Experience working with multiple currencies
- Demonstrated ability to effectively perform highly detailed work on multiple concurrent tasks under tight deadlines
- Ability to aggregate and summarize large amounts of data and present in value added format
- Detail Oriented and Hands On Individual
- Self-starter with superior analytical skills to support the business operations
- Advanced working knowledge with Excel, Word and PowerPoint
- Strong systems knowledge (ERP/SAP,BPC, AO, consolidation, budgeting and data mining)
- Excellent verbal and written communication skills including meeting facilitation and the