Director of Accounting & Finance

At Factory Direct Enterprises LLC d/b/a Ashley (FDE), we are committed to "Amazing" our Team Members by supporting their journey toward becoming their best selves. This commitment is reflected in our competitive compensation, benefits, culture, and growth opportunities, all of which align with our vision of being the employer of choice in every community we serve.

Who We Are:

• #1 Selling Furniture Brand in the World
• #1 Retailer of Furniture and Bedding in the United States
  
  

As an industry leader, we offer the best compensation package in the furniture industry, including:

• Competitive Base Salary range between $125,000 to $175,000 annually based on qualifications and relevant experience
• 401(k) Program with a company match
• Paid Time Off and Holiday Pay, including your birthday
• Medical, Dental, and Vision Benefits starting as low as $25 a week
• Referral Bonuses: Earn up to $1,000 for referring qualified candidates for open positions
• Company Bonus Program: Earn up to 20% bonus potential based on personal and company performance
  
  
  

Our Culture and Team Member Programs: At FDE, we pride ourselves on a culture of recognition and growth. We believe in investing in our team and value their feedback through programs like Peakon Surveys. Our Ashley Cares programs highlight our commitment to our team, our guests, and our communities, including:

• Hope to Dream: For every mattress sold, a portion of the proceeds is used to purchase and donate beds to children in need (ages 3-16)
• Give a Day: Every Team Member is encouraged to volunteer for one day per year with an approved organization, and we'll pay you for that day
• Corporate Chaplains: Providing support in areas such as grief care, hospital visits, marriage and parenting support, aging parents, and stress management
• Life Resources: Quarterly events supporting Team Members in areas like finances, relationships, health, and wellness
• Team Member Relief Fund: Offering financial support for unexpected life events
• SmartDollar: A FREE financial wellness program to help you budget, reduce debt, and save for the future
  
  
  

About this Role:

We are seeking an experienced and results-driven Director of Accounting and Finance to lead our financial operations and strategy. This pivotal role involves overseeing the finance team, developing and executing the company's annual business plan, optimizing and managing cost structures, and ensuring accurate financial forecasting and budgeting to support organizational growth and success.

Essential Functions:

• Finance Organizational Strategy
• Provide leadership and mentorship to finance staff, fostering a culture of continuous improvement, accountability and growth
• Identify and implement company strategic initiatives as relevant to finance team or financial performance
• Work with executive leadership team to align external and internal drivers with strategic direction
• Stay informed on industry trends, competitor strategies and emerging market opportunities
• Engaged in the vetting process for strategic options; define and develop potential models or complete scenario analysis to assist in determining the best option for negotiations
• Liaison with external vendors including but not limited to banking, financing and insurance relationships
• General Accounting
• Lead and manage the monthly financial close procedure
• Liaison and lead annual processes with external vendors for financial statement audits, tax returns and 401k audit
• Financial Planning and Analysis (FP&A)
• Develop and lead the company's annual business plan and corresponding budgeting process
• Develop and lead the company's regular forecasting process
• Lead monthly reporting, variance analysis and close processes
• Partner with executives to create departmental operating plans and performance outlooks, including the oversight of department-level budgets
• Establish and lead an efficient process for tracking progress against company and departmental goals, optimizing cost structures as needed
• Payroll
• Lead and manage the company's payroll processes
• Lead and manage the company's weekly sales commission and bonus programs
• Lead the quarterly and annual bonus and LTIP processes for the organization, optimizing as necessary
• Manage, as company administrator, the company's 401k plan ensuring compliance with all regulatory requirements
• Risk Management
• Manage and ensure compliance with financial regulations and industry standards, particularly in Property & Casualty insurance, worker's compensation and company sponsored health insurance
• Identify financial risks and implement mitigation strategies, including contingency plans for economic downturns or changes in consumer behavior
• Build and maintain a strong internal control environment
  
  

Requirements

Schedule Requirements:

• Full-time Position - Minimum of 40 hours per week
• Minimal travel mya be required but will vary based on the needs of the business
• Hybrid Schedule: Mon/Tues/Thurs in office required
  
  
  

Education & Experience Requirements:

Required Knowledge, Skills & Abilities

• Data-Driven Decision-Making: Leverage analytics to inform strategies and measure performance
• Problem-Solving: Address challenges with creative and strategic solutions
• Budgeting, Forecasting and Variance Analysis: Advanced skills in creating and managing budgets and accurate financial forecasts
• Controls and Compliance: Deep expertise in establishing and maintaining internal controls, risk management practices and audit readiness
• Team Leadership: Build and develop high-performing finance teams
• Cross-Functional Collaboration: Partner with other departments to align financial and operational strategies
• Strategic Thinking: Align financial strategies with business objectives and long-term goals
• Scenario Planning: Assess business scenarios and model financial implications
• Project Management: Expertise in managing and executing organizational projects or initiatives, creating a clear mission/plan and holding project members accountable to agreed upon deadlines
• Business Acumen: Understand industry trends, customer behavior, and competitive dynamics
• Investor Relations: Clearly present financial information to stakeholders and board members
• Executive Communication: Share actionable insights and recommendations with leadership
• Agility: Adapt to changing market conditions and business challenges
• Financial Systems Expertise: Use financial tools, ERP systems, and analytics software effectively
• Experience with credit agreements, covenants, and related financial reporting
  
  
  

Minimum Education Level/Certifications

• Bachelor's degree, Major in Finance or Accounting
  
  
  

Minimum Work Experience And Qualifications

• 15 years of progressive finance management experience
• 10 years of progressive experience in multi-unit retail or consulting settings
• Experience driving strategy for a middle-market or larger sized organization
  
  
  

Preferred Qualifications

• Home Furniture Industry Experience: Familiarity with the specific financial drivers of the home furnishings industry
• Retail Industry/CPG Experience: Familiarity with the specific financial drivers of a direct-to-consumer company
• Master Business Administration (MBA) in Finance or Accounting
• Certified Public Accountant (CPA)
  
  
  

Benefits

• Health Insurance
• Dental Insurance
• Vision Insurance
• Life Insurance
• Paid Time Off
• 401K with Employer Match
• Employee discount
• #ANE123