Director, Store Finance

About the position

The Director of Store Finance will manage the financials for key strategic expense accounts and complex multi-year capital initiatives within the Stores organization. In partnership with Store Operations business partners, this individual will manage forecasting and budgeting/planning activities, provide Store Executive reporting, and drive continuous improvement initiatives (including implementing systems/technology enablers). This person will report to the VP of Store Finance & Strategic Initiatives and interact frequently with Store Operations Leadership and Store Executives. This Director will start with 1 direct report (with plans to grow the team over time).

Responsibilities

• Own key strategic expense accounts and maintain financial oversight over complex, multi-year capital initiatives within the Stores organization.
• Manage monthly forecasts for these accounts.
• Work with Store Operations business partners to analyze monthly and quarterly expense and capital spending variances to proactively address unfavorable trends and drive best-in-class financial management.
• Partner with Store Operations Leadership to maintain strong financial oversight and controls.
• Manage the multi-year financial planning and annual budgeting processes for these accounts.
• Ensure plans are based on sound assumptions and are vetted and reviewed by Store Operations Leadership.
• Compare plan to Corporate Finance targets and partner with Store Operations Leadership to identify opportunities to close the gap.
• Partner with Store Operations business partners to ensure timely completion of deliverables, ensuring the 'right' level of detail and accuracy.
• Lead preparation of Leadership-level and Executive-level presentations and reporting, and complete ad hoc follow-up analyses on issues or trends identified from reports produced.
• Identify and drive initiatives that improve key processes, including systems/technology enablers.
• Evaluate current processes, identify areas where operational continuous improvement is needed, and work with Store Operations Leadership and other stakeholders to root cause problems and implement improvements.
• Work cross-functionally to identify and implement systems/technology enablers that will make expense tracking and financial management (at the store level) more efficient.
• On an as-needed basis, structure and conduct strategic analyses to answer questions that arise around store performance, capital spending return on investment, operational issues and other topics.
• Provide analytical support and scenario analysis to support decision making.
• Serve as thought partner to Store Operations Leadership to drive better financial decisions.
• Develop a high performing team.
• Coach and develop the team to maximize performance and value addition to the company while maintaining high morale.

Requirements

• Bachelor's degree required with demonstrated superior college performance (preferably in an analytical field such as Finance, Economics, Accounting, etc.)
• CPA or MBA preferred
• Minimum of 8-10 years post-college experience with demonstrated success at increasing levels of responsibility
• Strong familiarity with core financial planning and analysis processes including budgeting, forecasting and financial control process design
• Outstanding analytical ability - must have a data driven approach to solving problems.
• Requires very strong quantitative skills, a good sense of how to dissect problems and a strong ability to 'connect the dots'.
• Track record of successful team development - managing a team to high levels of performance and developing team members for growth and advancement
• Dynamic, intellectually curious and self-motivated - must have the business acumen and drive necessary to be part of managing in a fast-paced, changing retail environment
• Excellent communication skills - must be able to clearly communicate results and implications of analysis in both verbal and written (PowerPoint) forms
• A detail-oriented approach: Must pay very close attention to details and have the drive to get things right
• Relationship Building - needs to be able to build effective working relationships with a broad range of people across the organization
• Strong critical thinking and communication skills, and is able to partner effectively with stakeholders across the Stores organization
• Strong fundamental business technical skills - must be Excel and PowerPoint proficient and have an ability to learn new business process software applications (Hyperion, DART)
• Unquestionable personal and professional character and integrity - must be trustworthy with confidential information
• Prior retail or related experience is preferred.

Benefits

• Base salary range of $111,900 - $210,300, dependent on factors including experience, skills, qualifications, relevant education, certifications, seniority, and location.
• Total compensation package includes other rewards that vary by position and location.