Senior Manager Financial Operations

About the role

The Finance Team at The Cheesecake Factory Bakery provides analysis, insight, and support for strategy development/deployment and key initiative oversight, while preparing and examining financial records for two bakeries producing 40,000 cheesecakes daily.

Responsibilities

• Oversee the financial operations, including budgeting, accounting, and financial reporting for the plant, as well as monitoring and analyzing financial performance.
• Manage the cost accounting function, ensuring accurate product costing, variance analysis, and margin analysis.
• Manage the accounts payable function to ensure compliance with internal controls and accounting policies. Ensure timely payments of vendor invoices and expense vouchers and maintain accurate financial records and control reports.
• Manage month-end and quarter-end closing processes, including the review of cost-related journal entries, reconciliation of general ledger accounts and preparation of financial statements.
• Develop and maintain standard costing models for raw materials, labor, and overhead.
• Analyze production costs and recommend cost-saving measures to improve profitability.
• Collaborate with the production and operations teams to support continuous improvement initiatives and efficiency projects.
• Prepare and present monthly cost reports to senior management, highlighting key variances and trends with commentary and action plans.
• Prepare and present daily KPI metrics and trends and present performance analysis of labor and material usage variances.
• Lead the annual budgeting and quarterly forecasting processes for manufacturing costs.
• Manage inventory valuation processes, including cycle counts, physical inventory, and reconciliation.
• Coordinate with the corporate accounting team on financial close processes and external audits.

Requirements

• Bachelor’s degree in accounting, finance, or a related field. CPA or CMA certification preferred.
• Minimum of 7 years of financial operations and cost accounting experience in a manufacturing environment, preferably in the food industry.
• Minimum of 4 years of managerial experience.
• Strong understanding of cost accounting principles, standard costing, and variance analysis.
• Proficient in ERP systems and advanced Excel skills.
• Excellent analytical and problem-solving abilities with a keen attention to detail.
• Strong communication and presentation skills, with the ability to explain complex financial information to non-financial stakeholders.
• Prominent leadership experience, with the ability to manage and develop a team.
• High level of integrity and professionalism, with a commitment to ethical standards and compliance.
• Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities.

Preferred

• Food manufacturing industry experience.

What we offer

• Awarded annual bonus
• Vacation and sick time
• Medical, Dental & Vision insurance
• 401K with company match
• Annual stipend for dining in our restaurants