OlatheRecruiter Since 2001
the smart solution for Olathe jobs

Operations Finance Manager

Company: Spectrum Brands
Location: Edgerton
Posted on: June 9, 2021

Job Description:

Division Information

The Hardware and Home Improvement (HHI) business of Spectrum Brands is a major manufacturer and supplier of residential locksets, residential builders' hardware, faucets, and commercial locksets and doors, with a portfolio of renowned brands, including Kwikset, Weiser, Baldwin, National Hardware, Stanley, FANAL, Pfister, EZSET, and Tell. HHI is a leader in its key markets with #1 positions in U.S. residential locksets (Kwikset), Canada residential locksets (Weiser), U.S. luxury locksets (Baldwin), and U.S. builders' hardware (Stanley-National Hardware), #2 in Mexico residential hardware (Fanal), #3 in U.S. retail plumbing (Pfister), and #1 in U.S. retail commercial locksets. Headquartered in Orange County, California, HHI has a global sales force and operates manufacturing and distribution facilities in the U.S., Canada, Mexico and Asia.

Job Summary

The Operations Finance Manager will ensure that results are reported in the proper format, on a timely basis, and in conformity with GAAP and company guidelines. Manage one direct report in the role of Financial Analyst.

Manage finance activities for functional areas of Indirect Distribution (DC Operations, Supply Chain) and Transportation (outbound and inbound freight). Activities include month-end financial closing, annual and quarterly financial planning, variance analysis, aligning and enhancing existing financial processes and developing financial modeling tools. Establish and maintain effective working relationships with heads of the functional areas (Director Distribution and Transportation, DVP Sales and Ops Planning).

Manage capital project reporting process, including budgeting, actual spend reporting, depreciation forecasts and project capitalization status.

Provide cross-functional support to Sales & Marketing Finance by managing Rebate Customer budgets, calculating and communicating broker commission payments, accounting for national consumer offer redemptions and preparing the Returns Reserve analysis.

Primary Duties & Responsibilities

  • (25%) Ensure accurate and timely closing of monthly financial statements and provide understanding of major deviations from budget plan.
  • (15%) Prepare and present the annual and quarterly budgeting process for above mentioned account categories. Ensure timely and accurate cost and earnings projections and provide analysis of deviations from plan. Understand and communicate business issues impacting projections.
  • (10%) Create and compile reporting packages to support above mentioned categories. Present financial results at monthly close conference calls with corporate accounting.
  • (10%) Participate in monthly invoice reconciliation meeting with 3PL distribution provider, ensure distribution center spend data integrity, and maintain effective working relationship with involved parties.
  • (10%) Participate in weekly meetings with 3PL freight provider, ensure freight spend data integrity and maintain effective working relationship with involved parties.
  • (5%) Create and maintain historical outbound freight data at the sold to customer level to be used for budgeting and ad-hoc customer contribution analysis / customer profiles.
  • (5%) Maintain solid knowledge of all freight moves for the business and ensure proper account coding to the P&L. Understand how all freight is billed and ensure timely payment to vendors.
  • (5%) Maintain outbound and inbound freight and duty reserve balances in accordance with GAAP requirements.
  • (5%) Calculate and communicate monthly broker commission payments. Update payment table annually based on new contract terms.
  • (5%) Manage capital project spend and reporting. Lead a monthly results call with all project managers.
  • (5%) Interface with other departments and provide data interpretation analysis as needed. Prepare various account reconciliations (12 for H&G alone) to support above mentioned account categories.

Education and Experience Profile

  • Bachelor's degree in Accounting or Business related field.
  • 10-15 years finance and accounting experience.

Required Skills

  • Exceptional communication skills, written and oral.
  • Speaks clearly and persuasively in positive and negative situations; listens and gets clarification. Responds well to questions; participate and present information in meetings.
  • Excellent PC and spreadsheet skills.
  • Proven success with process improvements in a fast paced environment.

Values and Behaviors

  • Ownership:
  • Ensures alignment with shareholder interests
  • Plans for long-term success despite short-term pressure
  • Always pursues the best interests of Spectrum Brands

  • Teamwork:
  • Partners with peers to succeed together as Spectrum Brands
  • Communicates effectively via candid & respectful discussions
  • Seeks out best practices to strive for continuous improvement

  • Agility: Adjusts easily & rapidly to changing market conditions
  • Embraces & utilizes modern technology, processes and methods
  • Succeeds in ambiguous situations through flexibility & creativity

Work Environment

Working conditions are normal for an office environment within a distribution center.

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this job/classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Spectrum Brands is an Equal Employment Opportunity/Affirmative Action employer.

Keywords: Spectrum Brands, Olathe , Operations Finance Manager, Other , Edgerton, Kansas

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category

Log In or Create An Account

Get the latest Kansas jobs by following @recnetKS on Twitter!

Olathe RSS job feeds