Area Director Finance II

About the role

The Area Director, Finance II oversees one or more Distribution Centers (DCs) as a key business partner working with the Area President and cross-functional team members including VP Sales, VP Operations, Human Resource Business Partner, Pricing Director, and VP Merchandising & Marketing to achieve Area and company key results. This role integrates a financial lens to drive key results, collaborates with other Area leaders to execute financial strategy, and drives operational improvements that positively impact financial outcomes. The position leads the development and communication of the financial forecast, challenges perspectives, and makes difficult decisions to achieve optimal outcomes while supporting the financial integrity and control environment for a high-impact Area.

Responsibilities

• Own the execution of Area finance strategy.
• Advise on long-term business financial and strategic planning for future growth opportunities.
• Collaborate with functional partners to drive improved financial results and support strategic initiatives.
• Assess financial performance and initiate strategic actions to drive results.
• Develop financial targets through understanding key operational drivers and support the Area Leadership Team.
• Own P&L management through strategic decisions to drive EBITDA by managing costs, improving efficiencies, and enhancing gross profit.
• Provide clear visibility and guidance to the Area leadership team in meeting financial outcomes.
• Demonstrate analytical foresight to make immediate decisions impacting the business's future.
• Act as a trusted financial advisor.
• Partner with Controller’s Group, Managed Services, COE, and Region staff to deliver timely and accurate reporting and analysis.
• Collaborate on annual business planning and monthly forecasting for the Area.
• Gatekeep financial processes affecting results and highlight potential risks and opportunities.
• Establish credibility and trust with leaders by building relationships and understanding individual needs.
• Bring an end-to-end value chain perspective and broad business acumen.
• Serve as the ultimate source of truth with financial data to guide discussions and decisions.
• Leverage available tools and information to execute as a trusted financial advisor.
• Review balance sheet health quarterly with corporate stakeholders.
• Lead financial acumen training for Area and DC management.
• Identify opportunities for gross profit improvement and cost management, driving accountability for execution.
• Drive profitable sales growth by reviewing, providing guidance, and approving local customer contracts and incentive agreements.
• Collaborate with Sales Excellence, Area Sales management, and Revenue Management teams on customer profitability decisions.
• Analyze daily and weekly results dashboards to ensure annual business plans and forecasts are met.
• Lead an effective Inventory Adjustments routine to attain company targets for damage, spoilage, and shrink.
• Ensure inventory aligns with the Company’s DIOH requirements and minimize nonproductive inventory.
• Partner with the Credit organization to support sales growth while minimizing risk and managing working capital.
• Increase financial acumen across functions at all management levels through training.
• Drive an environment of continuous improvement and offer support during change.
• Demonstrate courage and conflict resolution to improve team performance and drive results.
• Perform root cause analysis and implement solutions to drive improved results.
• Lead the implementation of standardized work practices.
• Solve business problems or inefficiencies inside and outside the designated Area.
• Translate and conceptualize new approaches to drive operational cost improvements and efficiencies.
• Own all field-related SOX controls for the Area Hub and DCs.
• Support the control environment for all DCs in the Area by reporting and correcting control deficiencies.
• Complete ad hoc projects, analysis, and initiatives as requested.

Qualifications

• Bachelor’s degree (required).
• Minimum 8 years of accounting and/or financial analysis management experience.
• Proven experience and effectiveness in leading and influencing others.
• General knowledge of finance, accounting, budgeting, and cost control principles, including GAAP and SOX.
• Broad skillset in financial analysis and financial modeling.
• Proficiency in Microsoft Office Suite, including Excel.
• Excellent communication and interpersonal skills.
• Strong organization and prioritization skills.
• Limited travel as necessary.

Preferred Qualifications

• BS in Business Administration, Accounting, or Finance.
• CPA or MBA.
• Industry experience and understanding of inventory management.
• Experience collaborating within a functional matrixed environment and virtual leadership across multiple sites.
• Anaplan experience.

Physical Requirements

Must be able to perform the following physical activities for described lengths of time:

• Stand: Frequently (34% - 66%)
• Walk: Frequently (34% - 66%)
• Drive Vehicle: Occasionally (1% - 33%)
• Sit: Continuously (67% - 100%)
• Lift:
  • 1-10 lbs (Sedentary): Frequently (34% - 66%)
  • 11-20 lbs (Light): Occasionally (1% - 33%)
  • 21-50 lbs (Medium): Occasionally (1% - 33%)
  • 51-100 lbs (Heavy): Never
  • Over 100 lbs (Very Heavy): Never
• Carry:
  • 1-10 lbs (Sedentary): Frequently (34% - 66%)
  • 11-20 lbs (Light): Occasionally (1% - 33%)
  • 21-50 lbs (Medium): Occasionally (1% - 33%)
  • 51-100 lbs (Heavy): Never
  • Over 100 lbs (Very Heavy): Never
• Push/Pull: Occasionally (1% - 33%) (e.g., hand truck, gate, straps, metal ramp, truck door, dolly, boxes, truck gear shift)
• Climb/Balance: Occasionally (1% - 33%) (e.g., in/out truck/trailer, on/off ramp, stairs)
• Stoop/Squat: Occasionally (1% - 33%)
• Kneel: Occasionally (1% - 33%)
• Bend: Occasionally (1% - 33%)
• Reach Above Shoulder: Occasionally (1% - 33%)
• Twist: Occasionally (1% - 33%)
• Grasp Objects: Frequently (34% - 66%) (e.g., hand truck, boxes, cartons, steering wheel)
• Manipulate Objects: Frequently (34% - 66%) (e.g., boxes, dolly, metal truck ramp, hand truck, paperwork, truck gate, straps)
• Manual Dexterity: Frequently (34% - 66%) (e.g., typing, use of office machines such as copiers, printers)

Benefits

• Health insurance.
• Pre-tax spending accounts.
• Retirement benefits.
• Paid time off.
• Short-term and long-term disability.
• Employee stock purchase plan.
• Life insurance.
• Annual incentive plan bonus (potential).

Pay

The expected base rate for this role is between $120,000 - $185,000, depending on relevant experience, education, skills, function, geographic location, and other applicable factors.