Careers at Bob’s Discount Furniture

Director, FP&A (Financial Planning & Analysis) in Manchester, CT at Bob's Discount Furniture

Date Posted: 6/5/2020

Job Snapshot

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Job Description

The Director of Finance will serve as a strategic business partner providing financial leadership, direction and advice to the Senior Leadership Team on all sales trends and cadence for the company. This position will develop and implement financial strategies in support of optimizing sales, margin, advertising and inventory. In addition, this position is expected to play a key role in leading cross functional initiatives to capitalize on areas of growth and profit improvement opportunities and is expected to work collaboratively across the organization. This position will play a key role in guiding the senior leadership team in Sales, Margin, Advertising, eCommerce and Merchandising business performance and financial discipline; and also provide analytical support and consistency to business related strategies, initiatives, and activities to maximize value, minimize risks, and help make better decisions.

This role is critical in setting-up short-term and long-term financial objectives and in providing a deep understanding of the current business performance and future operating and strategic model. It will provide an unbiased, analytically driven perspective of key business drivers and trends to senior leaders at detailed and aggregate levels, as well as uncover opportunities across the businesses. The position will assume a leadership role in various projects, ranging from table stakes measurement, target setting, reporting, performance management and operational improvement programs to strategic planning and assessments.

Job Responsibilities

  • Provide analytical thought leadership and ensure use of robust methodologies for all planning and analysis activities. Owns the development and implementation of best practices in financial models and management reporting to improve effectiveness and efficiencies in financial analysis processes and procedures, particularly as it relates to revenue and revenue drivers
  • Manage and lead the Finance planning, forecasting, annual budget cycles and decision support for sales, margin, advertising and inventory. This activity will require working across multiple business units including, Merchandising, Marketing, Store Operations, Real Estate and Merchandise Planning, identifying and measuring key performance metrics while ensuring the organization is focused on beating the results as planned
  • Monthly and quarterly reporting packages including Revenue/Sponsorship KPIs and other reporting
  • Elevate business insights and analyses in support of the business. Variance analysis comparing financial results, key metrics, and traffic to plan and prior period. Building roadmaps/recons for management to understand key variances
  • Deliver clear verbal and written explanations of analyses to senior management that translate findings into strategic recommendations
  • Evaluate product and marketing performance to provide actionable insights with an eye towards traffic and monetization and other business level objectives
  • Develop, drive, and institutionalize key processes for financial and operational planning (monthly finance reviews, annual budget reviews, etc).Increase financial transparency and build financial literacy across main cross functional partners
  • Implement and continuously improve reporting technology as needed for reporting and other needs. Work with business leadership to analyze business opportunities, process improvement programs, and research of various industry/company trends
  • Develop presentations and analytical material to be presented to senior and executive management as well as outside audiences
  • Manage and develop a Financial Planning and Analysis team and priorities

Required Competencies

  • A Bachelor’s Degree in Accounting, Finance, Economics or related discipline
  • 12+ years related work experience
  • Business intelligence, data warehouse, and planning tool software experience
  • Combination of public and private company experiences
  • Exceptional and advanced Excel, Word and PowerPoint skills and proficiency in working with different systems to retrieve and analyze data
  • Proficiency in reading and interpreting financial documents and financial modeling
  • Ability to work with massive amounts of data and summarize and convey findings
  • Ability to use historical trends to develop dynamic forecasting models
  • Thrive in a high performance, fast‐paced, entrepreneurial environment
  • Balance multiple projects and meet necessary deadlines with limited supervision. Proven thought leadership skills, including the ability to be innovative and be able to drive results both as an individual and team environment
  • Ability to leverage data in disparate systems and determine/confirm the accuracy of such data
  • Experience preparing reports/presentations for Senior Management and Boards of Directors
  • Experience partnering with leaders across the Enterprise to analyze their results of operations and guide them to make adjustments as necessary

Preferred Competencies

  • Past experience at a Retail or eCommerce business
  • Large planning/reporting tools
  • Start‐up and International experience a plus

Bob’s Discount Furniture is proud to be an Equal Opportunity Employer and is committed to reasonably accommodating qualified persons with disabilities to enable them to perform the essential duties of their position.