Senior Finance Manager

Job Summary

Oversee and direct the accounting/reporting of financial results, annual budget & weekly financial forecasts of the Business Unit. Ensure strong financial controls are in place and work closely with Operations & Sales leads to improve profitability and cash-flow while supporting growth. This position will be a trusted part of the Leadership Team of the Business Unit and accordingly will help to drive profitable growth agenda through insightful decision support and financial due diligence. Evaluate and recommend short term tactical decisions (cost control efforts and pricing to customers, etc.) and long-term decisions/strategies (investments, new business deals) necessary to profitably grow the Business Unit.

Responsibilities

Control

• Ensure and oversee the timely, accurate, and efficient monthly accounting close for the Business Unit. Prepare weekly and month-end accrual journal entries according to IFRS and company accounting guidelines. Continually improve the close process.
• Ensure the integrity of the P&L and Balance Sheet of the Business Unit.
• Focus on improving business cash-flow notably through:
• Effective management and timely collection of Account Receivables
• Sound inventory management. Ensure accuracy and control of physical inventory and cash collection.
• Ensuring capital purchases are forecasted, tracked, and capitalized appropriately.
• Ensure that assets are set up properly with the accounting and capital assets department by making certain that all invoices are forwarded on a timely basis.
• Provide client ad-hoc financial reporting as needed.
• Budgeting & Forecasting
• Coordinate, direct, oversee, and present the "bottoms up" P&L Forecasts and the Annual Budget across Sales, Marketing, Operations, HR (cross-functional teams), and Finance teams for the Business Unit.
• Call out variances to Budget and partner with the Business Unit Leadership team to find and execute needed corrective actions.
• Assess and quantify risks & opportunities and partner with cross-functional teams to implement plans to mitigate risks and capitalize on opportunities.

Operational Management

• Influence and drive the financial agenda as part of the Business Unit's Leadership team.
• Be a thought leader, financial advisor, and business partner to the Business Unit VP/GM and the business Unit’s Operations, Sales, and Marketing teams. Ensure Business Unit operations are delivering expected profit goals/margins.
• Present Business Unit P&Ls Forecast and Outlook to the Business Unit Leadership and Corporate Finance teams. Highlight critical issues to be addressed and the "story" behind the numbers.
• Analyze and review weekly and monthly results, working closely with the business unit operational team and preparing action plans to resolve financial issues.
• Assist in implementing new Management Reporting P&L, Sales/Invoicing, and General Ledger system(s).
• Be a driving force for continuous improvement in account profitability through raising financial awareness and financial competence of the operations team at the Business Unit.

REQUIREMENTS:

• 8 years of progressive, hands-on accounting and financial managerial experience, preferably in the Foodservice, Hotel, or Hospitality industries, are required.
• Four (4) year Bachelor’s degree in accounting, finance, or business/economics required. CPA or MBA is preferrable
• Possesses a solid technical foundation in accounting with a thorough knowledge of accounting principles.
• Team player and leader who can work across the organization. Must form and maintain best-in-class relationships with business partners
• A change agent who will motivate direct reports and the teams around him to solve issues and continuously improve Business Unit profitability.
• Effectively communicates and presents information clearly to all organizational levels and functions in both written and verbal form.
• Proactive individual who seeks to continuously learn, take on additional responsibility as needed, and improve processes and procedures.
• Ability to deal with ambiguity and change in a dynamic business environment.
• Superb attention to detail and the ability to work under tight deadlines are necessary.