Job Description
Responsibilities:
Control
- Oversee timely and accurate weekly and monthly closes, prepare accrual journal entries per IFRS and company guidelines, and drive ongoing close process improvements.
- 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 accounts receivable
- 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 correctly by the accounting and capital assets department and that all invoices are forwarded on time.
- Provide client ad-hoc financial reporting as needed.
Budgeting & Forecasting
- Coordinate, direct, oversee, and present the “bottom-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 the Budget and partner with the Business Unit Leadership team to find and execute needed corrective actions.
- Assess and quantify risks and 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, 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, and, working closely with the Business Unit operational team, prepare 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.
Team Management & Development
- Demonstrated ability to effectively manage, support, and develop direct reports to achieve individual and team goals.
- Proficient in setting clear expectations, providing regular and constructive feedback, and conducting formal performance reviews.
- Strong capability to assess individual and team strengths, identify skill gaps, and align talent with business priorities.
- Experience reorganizing team structures to improve efficiency, collaboration, and performance in response to evolving business needs.
Qualifications:
- 10+ years of progressive hands-on accounting and financial managerial experience required, preferably in the Foodservice, Hotel, or Hospitality industries.
- A four-year Bachelor’s degree in accounting, finance, or business/economics is required. CPA or MBA is preferrable.
- Possesses solid technical foundation in accounting with a thorough knowledge of GAAP financial principles.
- Recognized as a strategic partner and team leader, skilled in boosting efficiency, building strong teams, and enhancing profitability.
- Team player and strong communicative leader who can work across a fast-paced organization. Must form and maintain best-in-class relationships with business partners.
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