Log In
Sign Up
Job Description
The Capital and Benchmarking 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 have aspirations and demonstrated leadership capability for senior leadership roles. The Capital and Benchmarking Leader reports to the Composites Manufacturing Finance Director. 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 also sits on the Extended NLT of the VP of Operations.
This person reports to the Director, Global Manufacturing Finance.
Direct Reports; 1 Direct Report, The Senior Capital Delivery Analyst and dotted line/other future reports?
Responsibilities
Investment Planning
Manage a portfolio of Capital Spend that typically ranges from $150MM – $200MM per year.
Provide 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
Interact and provide guidance and support to the business segments to develop executive level business cases (investment committee, Composites 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.)
Links our annual maintenance of 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.
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 the analyst 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:
Develop, build and maintain internal OC benchmark analysis demonstrating best in class capability for major cost drivers within our global footprint of Composite plants.
Develop, build and maintain 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.
Ability to leverage 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 develop a priority-based roadmap to help bridge cost performance gaps between existing levels of performance and desired end state.
Ability to teach and motivate others in the organization to deliver our productivity agenda.
Leading and developing talent
Introduce value-add projects for direct reports that broaden business acumen as well as enhance CSB finance competencies across a variety of finance related topics.
Creates an environment where talent is developed through effective performance management, talent evaluation systems and utilization of people
Acts as a resource to the non-financial leaders of the business providing education and training on the key principles of Finance
Grows and develops direct reports and others identified talent in their organization for roles of increased accountability and scope
Leads across businesses, functions and bands as necessary to drive the business agenda
Ensures succession plans are executed for focus roles
Job Requirements
Minimum Experience Required:
10 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
Providing leadership/business partnership to organizations within a manufacturing operation(s)—leading operations planning, savings, forecasting and investment analysis
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
Attracting, developing, and retaining outstanding talent—growing talent and succession planning
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.
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 focused – constantly looking for new insights and methods for improving productivity and impact for the team
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)
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 www.owenscorning.com.
Owens Corning is an equal opportunity employer.
