Director of FP&A

The Director Finance Operations Finance, North America provides financial leadership to the Operations team and reports directly to the CFO.

This position is responsible for providing direction on improving operational performance, planning/forecasting, capital asset expenditure processes and ensuring accurate monthly financial reporting and performance metrics.

These activities are all critical to executing the Company’s key strategic initiatives and while the needs and focus of the organization may fluctuate at any given moment, the weight of each of these responsibilities areas are equally shared.

The position has up to multiple direct and indirect reports and works closely with the Finance team, Operations, IT, CI, and Procurement teams.

This position reports to the Chief Financial Officer.

The Director of Financial Planning & Business Operations is responsible for developing and maintaining a variety of financial planning and forecasting tools, including a consolidated annual and monthly forecasts generated from a variety of dynamic inputs, five-year plans, individual store pro-formas and other areas as needed.

This position will also handle key treasury and cash management responsibilities including both short and long-term cash and liquidity forecasting, management of various bank relationships and contractual senior line of credit obligations ( appraisals, field exams, etc.).

Additionally, various business financial operations and administrative functions will reside within this functional area most of which performed by direct reports to this position (sales audit, cash bank reconciliations, licenses & permits, sales & use tax filings and audits, personal property taxation, etc.)

The Director of Financial Planning & Business Operations supports the VP of Finance and other senior executives relative to financial modeling, cash forecasts, communicating business trends, and managing the various financial operations within the business.

Update and maintain monthly, annual and five-year business plan models

Coordinate with VP of Finance and Store Development on new store pro-formas

Coordinate with accounting and other functional areas regarding capital project forecasts

Manage all facets of bank relationships and contractual obligations

Maintain daily cash flow forecast, coordinate wire transfers, monitor & review bank activity

 Monitor new facility opening finance critical path activities

Monitor various business licenses and permits required by states, counties, etc.

Monitor and analyze key business contracts and agreements

Provide assistance with sales & use tax filing and periodic audits

Develop and review various controls to ensure compliance with internal and external policies

The Director of Financial Planning & Business Operations works closely with entire finance team as well as members of merchandising, operations, IT and the CEO to model various business activities and strategies as well as communicate and maintain compliance on various financial operations activities.

Ensure that monthly/quarterly financial reporting related to operational activities is completed on a timely basis and conforms with US generally accepted accounting principles (GAAP). Including, but not limited to, Timely delivery of high quality financial submissions and account reconciliation completion from all facilities.

Ensuring the company maintains a strong control environment and is in compliance with company policies and procedures to support high integrity financial reporting.

Address internal and external audit requests as required.

Provide visibility to operations business partners on how underlying operating activities drive the reported consolidated financial manufacturing results.

Communicate to CFO and Operations business partners on any changes or issues that will have a material impact on the company’s financial results.

Support Operations on projects and activities focused on reducing costs in key operations.

Work with Operations Finance team to implement monthly financial reporting and analysis to improve overall cost savings visibility and transparency into operations cost drivers.

Provide financial leadership in the completion of the Operations Annual Operating Plan and forecasts and weekly flash outlooks ensuring these align with business strategy.

Required to have a detailed understanding on how actual financial results compare with annual operating goals and the ability to recommend corrective actions as necessary to Operations personnel.

Work with Operations to support the completion of the Annual Capital Plan.

Manage and direct multiple North America Operations Finance personnel located in US whose primary responsibilities are operations reporting and forecasting, safeguarding operations assets and supporting capital investment activities within operations.

Responsible for the personal development of the team members to ensure success in current roles and for consideration as potential candidates for future growth opportunities.

Continuously manage the team and team priorities to ensure prioritization and delivery of objectives while supporting the changing needs of the business and operations business

Provide financial leadership and support to Operations for timely completion and submission of quality capital expenditure requests for senior management approval.

Support Operations in achieving appropriate cadence with capital plan expenditures and implementation as required to deliver cost savings and plant performance metrics.

Support/lead process improvements, financial reporting and systems projects as required to improve financial reporting capabilities

The knowledge, skills, and abilities typically acquired through the completion of a master’s degree (M.B.A) or other specialized training and education (C.P.A.) is Highly desired 

Undergraduate degree in finance and accounting required.