Job Details
Highly preferred for the selected employee to reside in the Northeast states or DC metro area.
The Senior Finance Manager is a results-oriented finance role that reports directly to the Divisional VP of Finance working closely with the Operations team to improve profitability and cash-flow.
DUTIES:
- Act as financial advisor and business partner to the VP of Finance.
- Manage and control the annual budgeting process and assist with the presentation to Divisional Management.
- Coordinate the Forecast process and work with the operations team to produce action plans to rectify any performance issues.
- Provide financial evaluation of new business and re-bid proformas, working closely with the sales and operations team to ensure financial goals are achievable. Improve quality of financial review through benchmarking and sensitivity analysis.
- Negotiate where appropriate in client negotiations e.g., contractual discussions, AR disputes.
- Oversee the monthly close process and working closely with the field accounting team to continually improve the close process.
- Analyze and review of weekly and monthly results and working closely with the operational team in order to agree action plans to resolve financial issues.
- Seek continuous improvement in account profitability through raising financial awareness and financial competence of the operations team.
- Focus on improving business cash-flow notably through:
- Effective management of Account Receivables
- Efficient utilization of capital investment
- Sound inventory management
- Ensure sound financial control throughout the region and work closely with the Internal Audit Department to ensure:
- ICR targets are delivered
- Audit report recommendations are implemented promptly
- Loss prevention disciplines are in place (cash handling, timely payment of invoices, inventory, etc…)
- Recruit, coach and develop the financial support staff.
- Ensure that assets are setup properly with accounting and capital assets department by making certain that all invoices are forwarded timely.
- Provide client ad-hoc reporting as needed.
- Review and analyze Compass reporting to proactively confront potential issues.
- Attend divisional and regional meetings as needed.
EDUCATION:
- Must hold a four-(4) year accounting degree
- CPA and MBA also preferable
WORK EXPERIENCE:
- Minimum of five (5) years in a Senior Financial role within a Service or Retail organization
- Demonstrate leadership qualities
OTHER:
Proficient in Microsoft Excel, PowerPoint and Word.
Previous experience with SAP is preferable