Finance Business Partner

As the largest pureplay adhesives company in the world, H.B. Fuller's (NYSE: FUL) innovative, functional coatings, adhesives and sealants enhance the quality, safety and performance of products people use every day. Founded in 1887, with 2023 revenue of $3.5 billion, our mission to Connect What Matters is brought to life by more than 7,000 global team members who collaborate with customers across more than 30 market segments in over 140countries to develop highly specified solutions that enable customers to bring world-changing innovations to their end markets.

Finance Business Partner - Engineering Adhesives Division for the Americas

Location: USA remote

The Finance Business Partner position has direct involvement and analytical responsibility for assigned business segments in the Engineering Adhesives group.

The primary objective of this position is to optimize business financial results and revenue development by proactively monitoring financial trends and key performance metrics and responding with value-added analysis to facilitate decision making. This position is an active contributor to the development of overall business strategies and the day-to-day operations of the businesses. Specific activities include commercial analysis, operational reviews, pricing, financial planning and forecasting, support of strategic initiatives, insight for customer contracts and negotiations, business expansion and providing value-added financial insight to the business leaders. The successful candidate will use their knowledge of the business and finance to coach, collaborate, and challenge their business partner while providing unique insights through use of established analytics, reporting and information processes.

Responsibilities include:

35% Direct Commercial Analysis and Support

• Provide insightful analysis of the details and summary level information to allow the commercial leadership team to make informed and prudent business decisions to improve the financial performance of the business unit.
• Deliver comprehensive analysis of the financial results and key metrics of the business unit to leadership about the status of the business with respective comparisons to budget, prior year and outlooks
  • Investigate results that do not line up with expectations and follow up on any corrections and long-term root cause resolution needed.
  • Understand the impact of unusual items that skew the interpretation of the true financial performance
  • Breakdown the performance by relevant business unit, end market, or customer class to provide insights into the business
• Commercial contract support; key point person to facilitate, coordinate and execute all commercial contracts (supply, consignment, equipment, rebate, index, change notifications, etc.); collaborate with the sales organization, legal group, credit department, and others as necessary. Also coordinate with the legal department on customer claim or settlement activity.
• Provide analytical support to business leadership to enable the team to effectively manage pricing actions for all customers of the business units supported; monitor raw material outlook and price realization to understand extent of pricing actions required to achieve budgeted contribution margin percentage.

30% Forecasting, Budgeting, Operations Review and Strategic Planning Support

• Collaborate with business leadership team to develop a financial outlook (forecast) for each business unit supported (updated monthly/quarterly); focus on outlook accuracy and determining the most likely scenario for the balance of the year; accounting for changes in raw material costs, pricing actions, changes in market share, changes in end-market conditions, etc.
• Collaborate with business leadership team to develop a financial budget for each business unit supported (in conjunction with Financial Planning & Analysis); ensure the team understands where and how the business unit is expected to grow (price, new business, erosion, market growth, etc.); commitment (along with the business unit director) to deliver the budget commitment every year for each business unit supported (revenue, operating income, and operating income margin)
• Assist in the content, along with business director, for operational review and outlook presentations to leadership on a monthly basis
• Evaluate business performance to ensure consistency with business unit long-term strategic plan and the overall corporate strategy
• The business finance partner will play a critical role in collaborating and partnering with the business director(s) for both cost center budgeting and the compiling of budgets for the entire business units to which they are assigned. For business unit(s), this will include the income statement from sales to operating income and capital expenditures
• Support SG&A for the EA business segment in the following capacity, Review of Month end financial performance, provide quarterly Forecasts and Annual Budgets, assist with the financial aspects associated with Headcount administration.

35% Special and Ad Hoc Projects / Other

• Support a small acquisition in a controller type role for all financial aspects for a 10-million-dollar business
• Monitor and handle system maintenance over multiple sales systems and ERPs. Ensure proper coordination and communication regarding set up / maintenance details with impacted departments within the organization
• Coach business leader and others on the leadership team to increase their financial acumen
• Other general financial needs as assigned

Minimum Requirements:

• BA or BS degree required with strong background in finance/business management discipline; Masters or certifications preferred.
• 10+ years of experience in finance or accounting (Financial Planning & Analysis, Accounting, Corporate Finance, Commercial Finance, Treasury)
• 10+ years of experience in financial analysis supporting a business unit
• Prior experience with joint P&L responsibility for a business unit.
• Highly proficient in the use of the Microsoft Excel; solid proficiency in the other Microsoft Office suite (Power BI, Power Point, Word)
• Willing to travel up to 20%

Pay is based on several factors including but not limited to education, work experience, certifications, and geographic location.

The salary for this role is $130, ,000.

In addition to your salary, H.B. Fuller offers employees a competitive total rewards package including comprehensive benefits, incentive and recognitions programs, health & wellness benefits, 401K contributions, paid time off and paid holidays. Eligibility may vary.

H.B. Fuller is an Equal Employment Opportunity employer and proud to have created a collaborative culture where employees around the world are seen, heard, and respected. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, or marital status or status as a protected veteran, or any other legally protected classification.

H.B. Fuller does not accept unsolicited resumes from recruiters, employment agencies, or staffing firms. To conduct business with H.B. Fuller, a written service agreement must be executed by Human Resources prior to submitting any information relating to a potential candidate. Without a signed service agreement, H.B. Fuller shall not be obligated for payment of any fee or compensation.

H.B. Fuller is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

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