Finance Manager, Cash and Net Working Capital

About the position

Covetrus is dedicated to advancing the world of veterinary medicine and empowering veterinary healthcare teams across the companion, equine, and large-animal health markets. We provide a comprehensive suite of products, software, and services to help drive improved patient health, strong client relationships, and successful financial outcomes for veterinary professionals. The Finance Manager supporting Net Working Capital and Cash is an important member of the Covetrus North America Finance team. This role will report to the VP-Finance, North America and work closely with the Company’s VP-Treasury, VP-Operations and Logistics Services, CAO, CFO, COO, and their respective teams. The successful candidate will accurately forecast and report on the Company’s cash position and partner with business leaders to deliver on targets and drive efficiencies in net working capital metrics. The successful candidate will also contribute to policies and procedures, setting goals and targets, help make better use of systems and identify opportunities to improve processes. The Finance Manager will be expected to function and work remotely from home with the highest degree of personal and professional integrity consistent with Covetrus’ Mission and Values. The successful candidate will be expected to attend periodic team collaboration events in person when scheduled.

Responsibilities

• Develop and manage annual budgets and monthly net working capital forecasts.
• Develop and provide weekly cash forecast to the Global Treasury team.
• Develop and provide monthly balance sheet forecast to Corporate Finance.
• Analyze financial performance against budget and forecasts.
• Create financial reports to provide insights for key stakeholders.
• Evaluate financial risks to achieving targets and propose risk mitigation strategies.
• Provide financial insights to support strategic initiatives.
• Collaborate with senior leadership on strategic investment decisions and new business opportunities.
• Work closely with business partners to align financial goals with operational objectives.
• Improve working capital by working closely with the global A/R, A/P, Global Sourcing, and Inventory Replenishment teams to identify areas of operational and cost efficiencies.
• Work closely with the other finance team members to align information with the submitted financial statements forecasts.
• Provide financial guidance to support decision-making.

Requirements

• Bachelor’s degree in finance, economics, or a related field (Master's degree preferred).
• 5+ years of experience in corporate finance or related finance roles working with cash, net working capital and capital spend preferably within global, publicly traded companies.
• Proficiency in treasury management systems and financial modeling.
• Demonstrated track record of building successful relationships with key business partners.
• Strong analytical, negotiation, and problem-solving skills.
• Ability to manage multiple priorities and maintain strong attention to detail.
• Strong communication and presentation skills both (oral and written) with both internal and external customers such as Board of Directors, senior management, business unit management.
• Must work well in a cross-functional, matrix environment; be able to lead projects and work with all levels of fellow team members while building consensus.
• Action-oriented with demonstrated analytical and hands-on tactical skills.
• Proficiency in Microsoft Word and PowerPoint; Strong Excel skills required; Must be comfortable working using Zoom, MS Teams and/or WebEx.

Nice-to-haves

• Certifications such as CPA, CFA, or CTP helpful, but not required.

Benefits

• 401k savings & company match
• Paid time off
• Paid holidays
• Maternity leave
• Parental leave
• Military leave
• Other leaves of absence
• Health, dental, and vision benefits
• Health savings accounts
• Flexible spending accounts
• Life & disability benefits
• Identity theft protection
• Pet insurance
• Sales Positions are eligible for a Variable Incentive
• Certain positions may include eligibility for a short term incentive plan