OWENS CORNING Hiring for Insulation FP&A Leader, Investments Job at Toledo, OH Full Time

The Insulation FP&A Leader, Investments is a part of the fast-paced and highly influential Insulation FP&A team where energy, teamwork, analysis, insight, and performance are highly valued. The leader is responsible to facilitate, evaluate and lead the discussion with senior leaders on key strategic initiatives such as capital expenditure investments, operational or commercial strategic business issues, M&A, and product innovation initiatives. Assignments will be highly visible to the VP of Strategy, Business President, Business GM’s, VP of Operations and VP of Finance for the business. The assignments are global in nature.

The position is ideally suited to high potential candidates looking to apply strategic thinking, demonstrate strong analytical capability, and who demonstrates leadership capability for senior leadership roles. The Investment Finance Leader reports to the Insulation FP&A Finance Director. The position is an important part of the Insulation Investment Committee and is largely accountable for the effectiveness of our capital investments as measured by return on capital metrics. This role also works closely with the VP of Strategy and the VP of Operations.

This person reports to the Director, Global FP&A – Insulation.

Investment Planning

• Manage a portfolio of Capital Spend that typically ranges ~$200MM per year.
• Provide complex and standardized analytics to support investment decisions and prioritization including major capacity expansions, furnace rebuilds, innovation programs, new business development initiatives, sustainability initiatives as well as all maintenance of business capital
• Interact and provide guidance and support to the business segments to develop executive level business cases (investment committee, Insulation leadership team, Executive Committee and Board)
• Drive scenario analysis that calculate discounted cash flow, NPV, IRR, ROC and other key metrics used in sound decision making
• Generate risk analysis to test validity of investment analysis and perform optimal due diligence and contingencies for potential scenarios (macro, execution, etc.)
• Link our annual maintenance business capital to our strategic plan, operating plan and forecasting processes to drive transparency, accountability and execution.
• Accountable for ensuring the appropriate Level of Authority (LOA) execution for investment decisions as well as controls and process for monitoring capital expenditures.
• Develop standard for valuing sustainability in investment projects.

Executing Strategic Initiatives

• Facilitates the Investment Committee review process including planning, preparation and execution ensuring appropriate engagement and alignment with business leaders and project core teams.
• Develops knowledge of OC businesses, competitors, customers, and profit drivers, and thinks through how external competitive and market drivers will affect strategic initiative execution.
• Demonstrates outstanding judgment in weighing near term and medium-term risks and opportunities in resource allocation and risk management.
• Drives external shareholder perspective into critical decision-making.

Reporting, analysis and systems

• Leads all investment reporting through influencing the regional teams in the businesses.
• Communicates results effectively to management and non-financial personnel.
• Provides in-depth analysis on variances to plan and forecast.
• Provides risk analysis for contingency planning.

• Monitors the business unit’s monthly closing process in conjunction with the Insulation Accounting team
• Monitors reserve adequacy and ensures appropriate accruals are made to ensure accurate reporting of the business financial statements.
• Coordinates and leads post completion reviews.
• Maintains the Investment and Commitment SharePoint Site
• Seeks opportunity to optimize process and reporting for continuous improvement and efficiency.

Strategic Benchmarking:

• Leverages the broader organization to develop benchmarking tools that are fit for purpose, create insights, and are actionable.
• Leverages standard tools and reporting, where possible, to sustain these tools creating efficiency for the broader organization.
• Ability to teach and motivate others in the organization to deliver our productivity and efficiency agenda.

Leading and developing talent

• Acts as a resource to the non-financial leaders of the business providing education and training on the key principles of Finance
• Mentors finance controllers and analysts on DCF models and scenario analysis
• Leads across businesses, functions and bands as necessary to drive the business agenda

Minimum Experience Required:

• 7 years of demonstrated leadership experience in a large, multi-national corporation
• Bachelor’s in business, finance, economics, or related field

Preferred Skills and Experiences:

• MBA, CMA, CPA preferred
• Demonstrated ability to provide leadership to organizations ideally within a manufacturing operation(s)—leading operations planning, savings, forecasting and investment analysis
• Demonstrated ability to operating in a range of economic conditions, i.e. expansion, contraction, stable economic conditions—forecasting, scenario planning, risk analysis and contingency development.
• Demonstrated ability to deliver continuous improvement to existing processes
• Some experience participating in the development of strategic plans

Demonstrated Knowledge and Skills:

• Analytical thinking and insight – Ability to put together different sources of data into a holistic sum and generate insights that drive business actions with an external perspective
• Financial Analysis / numerical methods – the ability to rapidly access, organize and analyze data using standard financial tools as well as advanced numerical methods. Very proficient with excel modeling.
• Organization – maintaining data and structures, delivering consistent results over time.
• Strong financial acumen with demonstrated analytical ability accompanied by knowledge of corporate finance and manufacturing costing principles—understands P&L and balance sheet dynamics
• Demonstrated ability to teach and communicate in simple, impacting terms
• Demonstrated ability to manage and control costs—effectively develops business cases and enroll leaders at all levels in taking appropriate action.
• Demonstrated ability to develop and intimate knowledge of customers, competition, and the market and uses this knowledge to drive customer and product profitability decisions.
• Demonstrated ability to think strategically and execute strategic directions.
• Continuous process improvement

Preferred Behavioral Characteristics:

• Sense of urgency, responsive – self-starter with a strong deadline focus. Ability to drive self to complete multiple projects on time.
• Organizational sensitivity / Situational awareness – able to engage across the business at multiple levels to drive projects to completion.
• Investigative and Objective: ability to question and apply an external perspective and screen to internal business problems and to challenge conventional thinking with sound logic, data, and options.
• Learning and continuous improvement focused – constantly looking for new insights and methods for improving productivity and impact for the organization
• Inquisitive – intelligent and curious, willing to challenge the status quo in search of optimal outcome
• Judgment – demonstrated ability to show good personal judgment making decisions and engaging appropriate individuals as needed to drive the appropriate outcome
• Conducts themselves with the highest ethical and moral standards.
• Intelligent, creative, analytical.

Travel: 10-20% (international and domestic)