IU POOPsIndustrial /
Manufacturing Finance
Career Opportunities
Bob TurcoMfg. Financial LeaderInsulation Systems BusinessFebruary 3, 2000
Careers in Industrial / Manufacturing Finance
“SPRINT” Entry-Level Finance
Rotational Program
Beyond Entry Level… Building a Career
in Finance
Owens CorningA material solutions, technology driven company
with Revenue over $5b, 22000 employees, 135 manufacturing facilities in more than 30 countries
SYSTEM THINKINGMakes the Difference™
World HeadquartersToledo, Ohio
“SPRINT”
Entry Level Finance
Rotational Program
Challenging growth experience through a combination of work experience, technical training, skills training, feedback, and mentoring
Functional exposure to various Finance processes
Diverse business exposure to the products, processes and businesses of Owens Corning
Visibility provided to the SPRINTers within the Finance Organization, and the company
Develop a pool of talent to enhance our future leadership capabilities in Finance, and the organization
Careers in Industrial / Manufacturing Finance
SPRINTSPRINTProgramProgramElementsElements
SPRINTSPRINTProgramProgramElementsElements
3 Assignments over 2-1/2 years
– Corporate Audit (9± months)
– Manufacturing Plant (12 months)
– Other (9 months)
Orientation Week with Business Leaders
Two Sessions of Technical Financial Training with a Leading Academician
High Level Mentors Assigned to All SPRINTers
Careers in Industrial / Manufacturing Finance
Presentations to the Finance Leaders by SPRINTers
SPRINTers Evaluate Their Assignments, and Provide Input to the Program Design
Global Program Participation - SPRINTers come from
the following areas:
– United States
– Belgium
– United Kingdom
– Brazil
– Asia/Pacific
Careers in Industrial / Manufacturing Finance
SPRINTSPRINTProgramProgramElementsElements
SPRINTSPRINTPossiblePossible
AssignmentsAssignments
World Headquarters
– Business Units: Insulation Systems,
Composites Systems, Roofing Systems
– Strategic Resources
– Operations Accounting
– Customer Financial Services
– Internal Audit
Brussels - Composites Europe HQ
Santa Clara, California
Napa, California
Careers in Industrial / Manufacturing Finance
Near Columbus, Ohio (Newark)
Near Chicago, Illinois (Summit)
Portland, Oregon
Aiken, South Carolina
Clarement, North Carolina
Amarillo, Texas
Jackson, Tennessee
Louisville, Kentucky
Careers in Industrial / Manufacturing Finance
SPRINTSPRINTPossiblePossible
AssignmentsAssignments
SPRINTSPRINTCareerCareer
PlacementPlacement
Highly Visible Program due to Assignments, Mentors, Presentations, the Role of the CFO and Controllers
Opportunity to Experience Three Different Organizations and Leaders
Mechanisms for Career Placement
– Finance Leadership Team
– SPRINT Program Leaders
– Networking on the Job
– Internal Job Opportunities Bulletin Board Posting Process
Careers in Industrial / Manufacturing Finance
SPRINTSPRINTCandidate Candidate CriteriaCriteria
BS/BBA in Finance or Accounting
Minimum of a 3.0/4.0 GPA with a Higher GPA in major
Good Technical Grounding
Problem Solving Skills
Demonstrated Leadership AND Initiative
Demonstrated Team Skills…Can Lead and Follow
Exposed to Diversity in a Broad Sense
Interest in the World Around Them
Basic Language Skills & Interest
Self-Confident
Careers in Industrial / Manufacturing Finance
Beyond Entry Level...
Building a Career in Finance
Careers in Industrial / Manufacturing Finance
Numerous Opportunities Exist within the Primary Finance Functions
– Audit Services
– Controller
– Investor Relations
– Treasury
– Tax
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
Sprint
PlantFinancialAnalyst
Audit orDivisionFinancialAnalyst
Corporate Financial Functions
PlantController
orBusiness
Leader
Financial Leadership
- Corporate - Division - Processes
Technical Experts
Tax, Treasury, Audit, M&A,
Credit, Planning
Cross Functional
Mfg.Sales
Marketing
Info System
s
HRSourcing
Cross Business
ISBESB
CSBRSB
IBMS
Pipe
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
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
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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