iu poops industrial / manufacturing finance career opportunities sherry smith - audit leader...
TRANSCRIPT
IU POOPsIndustrial /
Manufacturing Finance
Career Opportunities
Sherry Smith - Audit LeaderSeptember 21, 2000
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Owens Corning
A material solutions, technology driven company Sales over $5 billion, 22,000 employees,
135 manufacturing facilities in more than 30 countries
World HeadquartersToledo, Ohio
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SYSTEM THINKINGMakes the Difference™
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THE PINK PANTHER TM & © 2000 United Artists Corp. All rights reserved.
®
What is “Manufacturing”
More than a “product”
A company must provide a solution
– Customer driven
– Service oriented
– Technology enabled / innovative
Owens Corning Examples:
– Composite truck box -- Ford and GM
– Improve.Net™
– HOMExperts™
THE PINK PANTHER TM & © 2000 United Artists Corp. All rights reserved.
®
Careers in Industrial / Manufacturing Finance
“SPRINT”
• OC Entry-Level Rotational Program
Beyond Entry Level…
• Building a Career in Finance
“SPRINT”
Entry Level Finance
Rotational Program
THE PINK PANTHER TM & © 2000 United Artists Corp. All rights reserved.
®
Careers in Industrial / Manufacturing Finance
The vision of SPRINT is to provide opportunities to become future business leaders with financial leadership competencies:
– Demonstrate technical competence
– Build business perspective
– Partners for business results
– Build and maintain winning teams
– Communicate with impact
– Embrace change and innovation
THE PINK PANTHER TM & © 2000 United Artists Corp. All rights reserved.
®
Careers in Industrial / Manufacturing Finance
3 Assignments
– Manufacturing Plant (15-18 months)
– Business, Corporate, Cross Functional (9-12 months)
– Capstone Project for Senior Management or Audit Rotation (3-6 months)
Assignments are “menu” based, providing SPRINTers with more opportunities for broader assignments
SPRINT Program ElementsSPRINT Program Elements
Beyond Entry Level...
Building a Career in Finance
THE PINK PANTHER TM & © 2000 United Artists Corp. All rights reserved.
®
Careers in Industrial / Manufacturing Finance
Numerous Opportunities Exist within the Primary Finance Functions
– Audit Services
– Controller
– Investor Relations
– Treasury
– Tax
– Strategic Business Unit
Global assignments in North America, India,Europe, Asia, Latin America and Africa
Finance Career Progression
• Summer intern projects
• On the job training
•Development Assignments @ different Plants, Corp. Audit Services & WHQS
• Multiple Audit & Consulting Assignments
• Global exposure
• Multi- Functional Process Reviews
FinancialTechnical
• Accounting• Fin. & Cost Analysis•Customer Financial Services•Treasury•Financial
Reporting•Tax
Cross Functional
•Info. Systems•Sales & Mktg•Mfg.
• Financial Planning• Service & Admin.• Business Cost & Accounting• General Accounting Services• Operations Accounting• External Reporting• Forecasting & Analysis• Shared Services
• Business Unit Controller
• Subsidiary Controller
• Process Controller
• Financial Planning Director
• Accounting Operations Director
• Financial Reporting Director
• Controller
• Audit
• Tax
• Treasury
• Investor
Relations
• Business
Unit
Controller
SPRINT2+ YearsInterns
Corp.Audit Professional
Mgrs.&
Leaders
Controllers&
DirectorsVice
Presidents
THE PINK PANTHER TM & © 2000 United Artists Corp. All rights reserved.
®
Careers in Industrial / Manufacturing Finance
You are responsible for managing your career within the development process.
Possible career path may include:
– SPRINT
– Supply Chain (E-commerce)
– Small Plant Controller
– Corporate Financial Functions
– Financial Leader/Technical Expert
THE PINK PANTHER TM & © 2000 United Artists Corp. All rights reserved.
®
Careers in Industrial / Manufacturing Finance
Career Planning
Career Development Process
Human Resource Planning & Review
Self Improvement, Continuing Education &
Educational Reimbursement
Staffing Process
Essential Tools to Building a Career
THE PINK PANTHER TM & © 2000 United Artists Corp. All rights reserved.
®
Careers in Industrial / Manufacturing Finance
Compensation & Benefits
– Direct pay
– Performance Incentives
– Savings and profit sharing (401k)
– Stock plan
– Cash balance retirement plan
– Flexible benefits plan for wealth protection
• Medical and dental protection
• Life, disability, personal, accident & travel insurance
• Health care and dependant care accounts
• Life stages support
THE PINK PANTHER TM & © 2000 United Artists Corp. All rights reserved.
®
Careers in Industrial / Manufacturing Finance
Summary & Key Message Points
– Develop a career plan & understand the
prerequisites
– Invest in your career development
– Build broad business perspective
– Keep financial skills and knowledge up-to-date
– Keep looking for new challenges & development
opportunities within and outside the finance
function
A World of Opportunity
Questions??www.owenscorning.com
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