Director Finance - US Foods
Bridgeport, NJ
About the Job
ARE YOU A CURRENT US FOODS EMPLOYEE? PLEASE APPLY DIRECTLY THROUGH OUR INTERNAL WORKDAY CAREER SITE (https://www.myworkday.com/usfoods/d/task/2998$47185.htmld)
Join Our Community of Food People!
BASIC PURPOSE
Member of the local executive management team, the Area Director, Finance will oversee 1-3 large Distribution Centers (DCs). Key business partner working with the Area President and cross-functional team members including VP Sales, VP Operations, Human Resource Business Partner, and VP Merchandising to achieve Area and company key results.
Responsible for understanding financial results and integrating a financial lens to drive Key Results. This person will frequently collaborate and align with Area leaders to execute the overarching financial strategy and operational drivers, as well as take initiative to create and drive operational improvements that positively impact financial outcomes. Further, they must effectively influence others by summarizing and articulating the detailed nuances of financial insights to help leaders understand and plan actionable next steps. They regularly demonstrate courage by challenging perspectives, offering alternative solutions, and making difficult decisions to achieve optimal outcomes.
A successful Area Director, Finance provides ample support and mentorship to build and develop a high performing team. Manages the Area and DC Finance, Accounting, and Inventory Control. Responsible for supporting the financial integrity and control environment for a $500 million to $1.5 billion business Area
ESSENTIAL DUTIES & RESPONSIBILITIES:
_1. Own the execution of Area finance strategy_
• Advisor on long-term business financial and strategic planning to the Area President and Area functional leaders for future growth opportunities aligned with Company Long Range Plan (LRP).
• Collaborate with all other functional partners in driving improved financial results and assist on plays to support strategic initiatives.
• Assess financial performance and initiate strategic actions to drive results
• Develop appropriate financial targets/outcomes through an understanding of key operational drivers and be able to discuss and support with the Area Leadership Team
• Own P&L management through strategic decisions to manage costs and improve efficiencies
• Provide clear visibility and comprehensive guidance to the Area leadership team in meeting financial outcomes
• Demonstrate analytical foresight to help make immediate decisions that will positively impact the future of the business
_2. Act as a trusted advisor for all things Finance_
• Partner with Controller’s Group, Area Finance Manager, Finance Support Team (FST), and VP of Finance Field Leader to create and deliver timely and accurate financial reports.
• Own and coordinate with Area functional leaders the annual business planning and monthly forecast for the Area.
• Be the gatekeeper for the Area team on all financial processes that affect results and highlight any potential risks and opportunities
• Establish credibility and trust with leaders across their area by building relationships and understanding individual needs and pain points
• Operate as a true business partner by bringing an end-to-end value chain perspective, broad business acumen, and an independent point of view
• Act as an ultimate source of truth with financial data and has analytical data readily available to guide discussion and decisions
• Be resourceful by leveraging all available tools and information to learn and help execute as a trusted financial advisor
• Manage working capital and review balance sheet health quarterly with corporate stakeholders
• Lead financial acumen training for all Area and DC management to improve understanding on how they contribute to the Area financial results
_3. Collaborate with and influence Area leaders to understand financial complexities and make sound decisions_
• Identify opportunities for gross profit improvement and cost management, and drive accountability for execution.
• Drive profitable sales growth by reviewing, providing guidance, and approving all local customer contracts and incentive agreements.
• Collaborate with Sales Excellence, Area Sales management (Local and National), and Revenue Management teams in Customer profitability decisions.
• Understand critical levers to ensure the annual business plans are met through review of daily and weekly results dashboards, analyze data, provide insightful explanations of variances / trends, and coordinate action plans.
• Responsible for leading an effective Inventory Adjustments routine by collaborating with Operations, Merchandising, and Inventory Control in attaining the company targets for damage, spoilage and shrink.
• Collaborate with AVPMM and MRO to ensure inventory is aligned 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.
_4. Build a high performing team and inclusive work environment_
• Train, coach, and develop direct and indirect reports into a high performing team. Actively manage and support the day-to-day performance and career growth of all resources, including annual performance reviews. Increase the financial acumen across the functions at all management levels including basic to more advanced training to align specific functional responsibilities with their ultimate impact to improving financial results.
• Lead by example and own their personal development (e.g., ask for feedback, act on feedback, continue to expand working knowledge)
• Understand team’s development needs and hold them accountable for having development plans
• Drive an environment of continuous improvement and high engagement for team members in all role segments (i.e., On-site, Blended, Remote)
• Offer continual support and guidance for team members as they manage change
• Demonstrate managerial courage and conflict resolution to improve team performance and drive results
_5. Drive continuous improvement across the Area and broader business to improve financial outcomes_
• Lead continuous improvement through performing root cause analysis, implementing solutions, and challenging the status quo to drive improved results
• Lead the implementation of the US Foods Way for Finance
• Take initiative to solve business problems or inefficiencies, both inside and outside of their designated Area
• Partner with Area leadership to translate and conceptualize new approaches and offer concrete guidance to drive operational cost improvements, operating efficiencies, and opportunities for the business
_6. Responsible for all field related SOX controls for the Area Hub and DCs. Support control environment for all DCs in the Area by reporting and correcting any control deficiencies._
_7. Complete ad hoc projects, analysis and initiatives as requested._
SUPERVISION:
Various Area Hub staff including inventory control clerks, IT contractors and finance manager (with their reports). In market DCs there is virtual supervision of IT contractors. Indirect reporting relationship with the credit manager and coordinators.
RELATIONSHIPS
• Internal: Area staff members, Regional and Support Office accounting, and all Finance personnel
• External: Customers
WORK ENVIRONMENT
• Inside office environment
MINIMUM QUALIFICATIONS
• Bachelor’s degree
• Minimum 7 years of accounting and/or financial analysis management experience
• Proven experience and effectiveness in leading and managing others
• General knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles and SOX
• Broad skillset in financial analysis and financial modeling
• Proficient in Microsoft Excel and working knowledge of the other Microsoft Office 365 applications
• Excellent communication & interpersonal skills
• Strong organization and prioritization skills
• Limited travel as necessary
Certifications/Training
• N/A
Licenses
• N/A
Preferred Qualifications
• BS in Business Administration, Accounting or Finance
• CPA or MBA
• Industry experience and understanding of inventory management
• Experience that includes collaboration in a functional matrixed environment and virtual leadership across multiple sites
• Anaplan experience
Compensation depends on relevant experience and/or education, specific skills, function, geographic location, and other factors as applicable by law. The expected base rate for this role is between $110,000 and $180,000.
This role will also receive annual incentive plan bonus and long-term incentive program.
Benefits for this role may include health insurance, pre-tax spending accounts, retirement benefits, paid time off, short-term and long-term disability, employee stock purchase plan, and life insurance. To review available benefits, please click here: https://www.usfoods.com/careers/benefits.html .
*EOE Race/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Protected Veteran/Disability Status*
Puede ver este sitio de empleo y aplicación en español utilizando la configuración de su navegador o teléfono móvil. Haga clic a continuación para obtener más información.
Microsoft Edge (https://www.usfoods.com/content/dam/usf/pdf/Policies/HR/Microsoft_Edge_Spanish_Instructions.pdf)
Google Chrome
Safari
iPhone
Androide (https://www.usfoods.com/content/dam/usf/pdf/Policies/HR/Android_Spanish_Instructions.pdf)
US Foods is one of America’s great food companies and a leading foodservice distributor, partnering with approximately 300,000 restaurants and foodservice operators to help their businesses succeed. With 28,000 employees and more than 70 locations, US Foods provides its customers with a broad and innovative food offering and a comprehensive suite of e-commerce, technology and business solutions. US Foods is headquartered in Rosemont, Ill., and generates more than $28 billion in annual revenue. Visit www.usfoods.com to learn more.
US Foods may collect personal information from you in connection with the application process. US Foods complies with the California Privacy Rights Act of 2020, and its policy may be found here (https://www.usfoods.com/content/dam/usf/pdf/Policies/HR/USF_CCPA_policy.pdf) .
US Foods, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other basis prohibited by applicable law.
EEO is the Law poster is available here (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
EEO is the Law poster supplement is available here (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
Pay Transparency policy statement is available here (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf) .
US Foods is committed to working with and providing reasonable accommodation to individuals with disabilities. If reasonable accommodation is needed to participate in the interview process or to perform essential job functions, please contact our US Foods Application Accommodation Line at 855-873-2468. You will be prompted to leave a message. Please state the specifics of the assistance needed and your contact information. A member of our HR department will return your call within two business days.
Join Our Community of Food People!
BASIC PURPOSE
Member of the local executive management team, the Area Director, Finance will oversee 1-3 large Distribution Centers (DCs). Key business partner working with the Area President and cross-functional team members including VP Sales, VP Operations, Human Resource Business Partner, and VP Merchandising to achieve Area and company key results.
Responsible for understanding financial results and integrating a financial lens to drive Key Results. This person will frequently collaborate and align with Area leaders to execute the overarching financial strategy and operational drivers, as well as take initiative to create and drive operational improvements that positively impact financial outcomes. Further, they must effectively influence others by summarizing and articulating the detailed nuances of financial insights to help leaders understand and plan actionable next steps. They regularly demonstrate courage by challenging perspectives, offering alternative solutions, and making difficult decisions to achieve optimal outcomes.
A successful Area Director, Finance provides ample support and mentorship to build and develop a high performing team. Manages the Area and DC Finance, Accounting, and Inventory Control. Responsible for supporting the financial integrity and control environment for a $500 million to $1.5 billion business Area
ESSENTIAL DUTIES & RESPONSIBILITIES:
_1. Own the execution of Area finance strategy_
• Advisor on long-term business financial and strategic planning to the Area President and Area functional leaders for future growth opportunities aligned with Company Long Range Plan (LRP).
• Collaborate with all other functional partners in driving improved financial results and assist on plays to support strategic initiatives.
• Assess financial performance and initiate strategic actions to drive results
• Develop appropriate financial targets/outcomes through an understanding of key operational drivers and be able to discuss and support with the Area Leadership Team
• Own P&L management through strategic decisions to manage costs and improve efficiencies
• Provide clear visibility and comprehensive guidance to the Area leadership team in meeting financial outcomes
• Demonstrate analytical foresight to help make immediate decisions that will positively impact the future of the business
_2. Act as a trusted advisor for all things Finance_
• Partner with Controller’s Group, Area Finance Manager, Finance Support Team (FST), and VP of Finance Field Leader to create and deliver timely and accurate financial reports.
• Own and coordinate with Area functional leaders the annual business planning and monthly forecast for the Area.
• Be the gatekeeper for the Area team on all financial processes that affect results and highlight any potential risks and opportunities
• Establish credibility and trust with leaders across their area by building relationships and understanding individual needs and pain points
• Operate as a true business partner by bringing an end-to-end value chain perspective, broad business acumen, and an independent point of view
• Act as an ultimate source of truth with financial data and has analytical data readily available to guide discussion and decisions
• Be resourceful by leveraging all available tools and information to learn and help execute as a trusted financial advisor
• Manage working capital and review balance sheet health quarterly with corporate stakeholders
• Lead financial acumen training for all Area and DC management to improve understanding on how they contribute to the Area financial results
_3. Collaborate with and influence Area leaders to understand financial complexities and make sound decisions_
• Identify opportunities for gross profit improvement and cost management, and drive accountability for execution.
• Drive profitable sales growth by reviewing, providing guidance, and approving all local customer contracts and incentive agreements.
• Collaborate with Sales Excellence, Area Sales management (Local and National), and Revenue Management teams in Customer profitability decisions.
• Understand critical levers to ensure the annual business plans are met through review of daily and weekly results dashboards, analyze data, provide insightful explanations of variances / trends, and coordinate action plans.
• Responsible for leading an effective Inventory Adjustments routine by collaborating with Operations, Merchandising, and Inventory Control in attaining the company targets for damage, spoilage and shrink.
• Collaborate with AVPMM and MRO to ensure inventory is aligned 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.
_4. Build a high performing team and inclusive work environment_
• Train, coach, and develop direct and indirect reports into a high performing team. Actively manage and support the day-to-day performance and career growth of all resources, including annual performance reviews. Increase the financial acumen across the functions at all management levels including basic to more advanced training to align specific functional responsibilities with their ultimate impact to improving financial results.
• Lead by example and own their personal development (e.g., ask for feedback, act on feedback, continue to expand working knowledge)
• Understand team’s development needs and hold them accountable for having development plans
• Drive an environment of continuous improvement and high engagement for team members in all role segments (i.e., On-site, Blended, Remote)
• Offer continual support and guidance for team members as they manage change
• Demonstrate managerial courage and conflict resolution to improve team performance and drive results
_5. Drive continuous improvement across the Area and broader business to improve financial outcomes_
• Lead continuous improvement through performing root cause analysis, implementing solutions, and challenging the status quo to drive improved results
• Lead the implementation of the US Foods Way for Finance
• Take initiative to solve business problems or inefficiencies, both inside and outside of their designated Area
• Partner with Area leadership to translate and conceptualize new approaches and offer concrete guidance to drive operational cost improvements, operating efficiencies, and opportunities for the business
_6. Responsible for all field related SOX controls for the Area Hub and DCs. Support control environment for all DCs in the Area by reporting and correcting any control deficiencies._
_7. Complete ad hoc projects, analysis and initiatives as requested._
SUPERVISION:
Various Area Hub staff including inventory control clerks, IT contractors and finance manager (with their reports). In market DCs there is virtual supervision of IT contractors. Indirect reporting relationship with the credit manager and coordinators.
RELATIONSHIPS
• Internal: Area staff members, Regional and Support Office accounting, and all Finance personnel
• External: Customers
WORK ENVIRONMENT
• Inside office environment
MINIMUM QUALIFICATIONS
• Bachelor’s degree
• Minimum 7 years of accounting and/or financial analysis management experience
• Proven experience and effectiveness in leading and managing others
• General knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles and SOX
• Broad skillset in financial analysis and financial modeling
• Proficient in Microsoft Excel and working knowledge of the other Microsoft Office 365 applications
• Excellent communication & interpersonal skills
• Strong organization and prioritization skills
• Limited travel as necessary
Certifications/Training
• N/A
Licenses
• N/A
Preferred Qualifications
• BS in Business Administration, Accounting or Finance
• CPA or MBA
• Industry experience and understanding of inventory management
• Experience that includes collaboration in a functional matrixed environment and virtual leadership across multiple sites
• Anaplan experience
Compensation depends on relevant experience and/or education, specific skills, function, geographic location, and other factors as applicable by law. The expected base rate for this role is between $110,000 and $180,000.
This role will also receive annual incentive plan bonus and long-term incentive program.
Benefits for this role may include health insurance, pre-tax spending accounts, retirement benefits, paid time off, short-term and long-term disability, employee stock purchase plan, and life insurance. To review available benefits, please click here: https://www.usfoods.com/careers/benefits.html .
*EOE Race/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Protected Veteran/Disability Status*
Puede ver este sitio de empleo y aplicación en español utilizando la configuración de su navegador o teléfono móvil. Haga clic a continuación para obtener más información.
Microsoft Edge (https://www.usfoods.com/content/dam/usf/pdf/Policies/HR/Microsoft_Edge_Spanish_Instructions.pdf)
Google Chrome
Safari
iPhone
Androide (https://www.usfoods.com/content/dam/usf/pdf/Policies/HR/Android_Spanish_Instructions.pdf)
US Foods is one of America’s great food companies and a leading foodservice distributor, partnering with approximately 300,000 restaurants and foodservice operators to help their businesses succeed. With 28,000 employees and more than 70 locations, US Foods provides its customers with a broad and innovative food offering and a comprehensive suite of e-commerce, technology and business solutions. US Foods is headquartered in Rosemont, Ill., and generates more than $28 billion in annual revenue. Visit www.usfoods.com to learn more.
US Foods may collect personal information from you in connection with the application process. US Foods complies with the California Privacy Rights Act of 2020, and its policy may be found here (https://www.usfoods.com/content/dam/usf/pdf/Policies/HR/USF_CCPA_policy.pdf) .
US Foods, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or any other basis prohibited by applicable law.
EEO is the Law poster is available here (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) .
EEO is the Law poster supplement is available here (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .
Pay Transparency policy statement is available here (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf) .
US Foods is committed to working with and providing reasonable accommodation to individuals with disabilities. If reasonable accommodation is needed to participate in the interview process or to perform essential job functions, please contact our US Foods Application Accommodation Line at 855-873-2468. You will be prompted to leave a message. Please state the specifics of the assistance needed and your contact information. A member of our HR department will return your call within two business days.
Source : US Foods
