PURPOSE OF THE JOB
The Financial Planning and Analysis ("FP&A") Analyst provides analytical support and leadership to the Insulation FP&A team and Insulation business leadership. The FP&A Analyst gathers, analyzes, prepares and summarizes recommendations for strategic and operating plans as well as near-term financial forecasts. This individual will be responsible for assisting with the consolidation and reporting of financials of the business including the income statement, balance sheet, and cash flow statement.
Reports to: Insulation FP&A Leader
Span of Control: oversees the Finance and Account Leadership Program ("FALP") Analyst.
JOB RESPONSIBILITIES
Live the Safety standard, adhere to the safety responsibilities.- Adhere to Owens Corning safety policies and personal safety action plan at all times
Business Planning and Forecasting- Develops and maintains financial models and consolidation tools to support the operating and strategic plans and forecasts
- Ensures integrity and quality of financial and statistical data, reporting and analysis
- Identifies process inefficiencies and information gaps, and bridges those gaps through process design and re-engineering as it relates to forecasting, planning and financial modeling
- Works closely with Insulation finance teams to understand forecast submissions, variances from prior forecasts/plan, and SID submissions to assist in telling the consolidated Insulation story
- Continuously builds an intimate knowledge of the Insulation businesses to provide insightful analysis in comparison of actual results to submitted budgets and forecasts
- Works closely with Director and Vice-President of Insulation Finance on critical financial matters
- Participates in annual long-range strategic planning process to consolidate assumptions and present a range of outcomes
Reporting and Analysis- Lead the management reporting process and produce monthly finance reports including in-depth reconciliation of variances to plan, forecast and prior year
- Monitor business unit monthly close process in conjunction with Accounting and support quarterly PwC meetings
- Design, maintain, deliver, and own an integrated and consolidated financial forecast analysis model
- Lead EBITDA SID consolidation and preparation ensuring compliance with corporate financial standard
- Owns the forecasting and analysis of working capital, drives process enhancements to improve on forecasting accuracy, and shares insights with regions to ensure accurate inputs in financial forecasts
Driving Continuous Process Improvement - Continuously work to improve forecasting, planning and financial modeling tools and processes
- Lead and participate in financial and system-related project work (i.e. SAC implementation) with the objective of moving away from legacy reporting files to a more efficient, standardized and streamlined process.
- Drive forecast accuracy improvement; variances between forecast and mid-month projections
- Enhance reporting and analytics for the Insulation FP&A team
JOB REQUIREMENTSMINIMUM QUALIFICATIONS & EXPERIENCE- 5-7 years of experience in business or corporate finance with broad mix of assignments and experience across many functional areas.
- Bachelor's degree in Finance or related field required.
PREFERRED QUALIFICATIONS & EXPERIENCE- Advance degree, CPA, or MBA.
- Professional finance support of multi-national manufacturing corporation.
- Experience leading/supporting operations planning, savings, forecasting, and investment analysis.
- Strong expertise in Microsoft Excel & PowerPoint.
- Knowledge of SAP, SAC, Microsoft Power BI and BPC.
SKILLS AND ABILITIESKnowledge and Abilities:- Strong financial and analytical acumen; ability to interpret results and clearly communicate business drivers.
- Ability to synthesize data from multiple sources to develop insights and inform decision-making.
- Effective communication skills, with the ability to present complex information in clear, concise, and impactful ways.
- Strong collaboration and interpersonal skills; ability to build relationships across finance and business teams.
- Detail-oriented with a high level of accuracy and accountability for results.
- Proactive mindset with a continuous improvement orientation toward processes, tools, and reporting.
