Owens Corning Looking for Business Finance Leader at Toledo, OH Full Time

PURPOSE OF THE JOB

The Investment Finance Leader is a part of the fast-paced and highly influential Composites manufacturing finance 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, and benchmarking analysis of our manufacturing facilities versus other internal OC locations as well as our global competitors to value best in class performance. Assignments will be highly visible to the VP of Operations, Business President, Regional GM’s 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 position is an important part of the Composites Investment Committee and is largely accountable for the effectiveness of our capital investments as measured by return on capital metrics. This role works closely with the VP of Strategy and VP of Operations.

Join an organization that believes that every employee owns a piece of our bold growth goals and ultimate success. We are a market-leading innovator that has placed on the Fortune 500®. Owens Corning is devoted to delivering sustainable solutions across our three business segments while striving to ensure our people and products make the world a better place. We take pride in having an inclusive and diverse workplace with employees around the globe. A holistic sense of community exists across our entire organization as our talent grows globally. We are a company that fully recognizes the importance of paving a path to a sustainable and safe enterprise through investing in our people. Our desire to make an impactful difference in the world flows from top down to all levels of the organization. By being a company that instills pride within each and every employee, we aspire to build market-leading businesses; global in scope – human in scale.

Reports to : Director, Composites Manufacturing Finance

JOB RESPONSIBILITIES

Investment Planning

• Manages a portfolio of Capital Spend that typically ranges from ~$200MM per year.

• Provides complex and standardized analytics to support investment decisions including major capacity expansions, furnace rebuilds, innovation programs, new business development initiatives as well as all maintenance of business capital.

• Interacts and provides guidance and support to the business segments to develop executive level business cases (investment committee, Composites leadership team, Executive Committee and Board).

• Drives scenario analysis that calculate discounted cash flow, NPV, IRR, ROC and other key metrics used in sound decision making.

• Generates risk analysis to test validity of investment analysis and perform optimal due diligence and contingencies for potential scenarios (macro, execution, etc.).

• Links our annual maintenance of business capital to our strategic plan, operating plan and forecasting processes to drive transparency, accountability and execution.

• Ensures the appropriate Level of Authority (LOA) execution for investment decisions as well as controls and process for monitoring capital expenditures.

Executing Strategic Initiatives

• Facilitates the Investment Committee review process including planning, preparation and execution ensuring appropriate engagement and alignment with business leaders.

• 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 capital reporting through influencing all of the regional teams in the businesses.

• Communicates results effectively to management and non-financial personnel.

• Directs analysts to provide 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 CSB Accounting team.

• Monitors reserve adequacy and ensures appropriate accruals are made to ensure accurate reporting of the Business Unit’s financial statements.

Strategic Benchmarking

• Develops, builds and maintains internal OC benchmark analysis demonstrating best in class capability for major cost drivers within our global footprint of Composite plants.

• Develops, builds and maintains external benchmark analysis of competitor cost drivers and performance to help demonstrate gap opportunities that OC should consider in our pursuit of best in class manufacturing performance.

• Develops priority-based roadmaps to help bridge cost performance gaps between existing levels of performance and desired end state.

• Teaches and motivates others in the organization to deliver our productivity 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.

JOB REQUIREMENTS

MINIMUM QUALIFICATIONS :

• Bachelor’s degree in business, finance, economics, or related field.

• 7 years of finance experience in a large, multi-national corporation.

• Ability to travel 10-20% (international and domestic).

PREFERRED QUALIFICATIONS:

• MBA, CMA, CPA.

• Experience supporting manufacturing operation(s) – leading operations planning, savings, forecasting and investment analysis.

• Experience operating in a range of economic conditions, i.e. expansion, contraction, stable economic conditions-forecasting, scenario planning, risk analysis and contingency development.

• Some experience participating in the development of strategic plans.

Knowledge, Skills & Abilities:

• 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: Maintain data and structures, delivering consistent results over time.

• Strong financial acumen: 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.

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About Owens Corning

Owens Corning is a global building and construction materials leader committed to building a sustainable future through material innovation. Our three integrated businesses – Composites, Insulation, and Roofing – provide durable, sustainable, energy-efficient solutions that leverage our unique material science, manufacturing, and market knowledge to help our customers win and grow. We are global in scope, human in scale with approximately 20,000 employees in 33 countries dedicated to generating value for our customers and shareholders, and making a difference in the communities where we work and live. Founded in 1938 and based in Toledo, Ohio, USA, Owens Corning posted 2021 sales of $8.5 billion. For more information, visit ~~~ .

Owens Corning is an equal opportunity employer.