Manager, FP&A in Franklin, TN at Vaco

Date Posted: 11/29/2019

Job Snapshot

  • Employee Type:
  • Location:
    Franklin, TN
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
  • Job ID:

Job Description

Manager, FP&A

Job Description

General Summary:
The FP&A Manager will report directly to Sr. Director of FP&A and Pricing and will work closely with the CFO and the other members of the Leadership Team to forecast and communicate company financial performance and actual variances from expectations. The right candidate will have the ability to analyze the key drivers of the business model, including economics of new store expansion strategies and other ad hoc projects. This is an excellent opportunity to make significant contributions to the success of our growing Private Equity owned company.

Key Roles and Responsibilities:

Annual Operating Plan (AOP), Quarterly Budgets & Weekly Forecasts

  • Responsible for preparing the AOP for the company in partnership with the Leadership Team, including production of AOP Binder for distribution to Board and Leadership Team
  • While assumptions for P/L plans are highly dependent on inputs from business drivers, FP&A Manager must develop much of the balance sheet and cashflow statement plans with limited cross-functional support
  • Prepare revised Quarterly Budgets for the company as the fiscal year progresses from each quarter to the next
  • On a weekly basis, prepare company forecasts in collaboration with cross-functional team members and provide explanations for variances from prior expectations.

Prepare and Distribute Specific Daily, Weekly and Period Reporting

  • Daily sales and margin reporting for specific events or holiday periods
  • Weekly sales, margin and expense reporting
  • Evaluation of weekly reporting distributed by other cross-function team members related to comp sales, gross margin, departmental breakdowns, district/regional breakdowns, payroll expense, marketing spend and all other P/L related items
  • Every 4 weeks, assist in production of Period Reporting Package by preparing various slides and reviewing the entire package prior to distribution to Board and Leadership Team

New Store ROI Models & Cannibalization

  • Assist R/E Team members with development of ROI analysis to support submission of prospective new sites to Board for approval
  • Monitor sales run-rate against ROI expectations on a weekly and period basis
  • Prepare quarterly analysis of new store performance by cohort for Board meeting materials
  • Evaluate and revise assumption tables used for ROI modeling
  • Analyze new store maturation sales patterns for differences among cohorts

Capital Expenditure (CapEx)

  • Manage the submission and financial evaluation of CapEx project submission from across the business
  • Prepare annual plan for CapEx after vetting proposals with Leadership Team members to ensure that the most attractive investments get prioritized correctly
  • Monitor spending against approved projects on a periodic basis and advise Management should spending rise above anticipated levels
  • Evaluate the impact of new investments and prepare post-audit analysis of variances from expectations

All Other Activities

  • Assist in preparation of Quarterly Binder that provides comprehensive views of financial performance and is shared with auditors
  • Assist in corporate transactions (e.g., bond financings, M&A activities, etc.) as requested
  • Using detailed schedules from payment card processor, prepare and distribute Credit/Debit Card Fee analysis on a monthly basis
  • Support IT Team with development-stage projects associated with new data warehouse reporting tools and platforms
  • Other ad hoc analysis and reporting as requested by Leadership Team members

Other Duties as Required


Skills Required:

  • Analytic Skills: Ability to think objectively and interpret meaningful themes from quantitative and qualitative data
  • Financial and Business Acumen: Ability to evaluate financial and business indicators and translate data into actionable information to drive results
  • Problem Solving & Decision Quality: Able to use rigorous logic and methods to solve problems with effective solutions
  • Relationship Management: Able to build constructive and effective relationships with a broad and diverse group of business partners
  • Influencing and Negotiation: Ability to influence at all levels, as well as a demonstrated ability to work effectively within a team and be assertive in driving successful management strategies
  • Presentation Skills: Effective in a variety of presentation settings including one-on-one, small and large groups, and with peers and bosses
  • Action Oriented: Can present ideas and directions that lead others to action
  • Planning and Priority Setting: Demonstrate an ability to set objectives and goals and organize work appropriately to meet and exceed goals. Possess strong organizational and time management skills
  • Communication Skills: Demonstrates strong listening, written and oral communication skills

Education & Experience:

  • Bachelors degree required in Accounting or Finance, Masters Degree a plus
  • 3-5 years experience in a similar role in retail or other multi-unit business.
  • Expert Excel, Access, MS Word and PowerPoint Skills
  • Strong analytical skills; as well as verbal and written communications skills
  • Possess strong interpersonal skills to deal effectively with a wide variety of people assertively and confidently