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Chief Financial Officer

Other | Retail 7 Months Ago

Overview

When a group of 15 friends founded PCC in 1953, they were committed to sourcing fresh, local products. Nearly 70 years later, Puget Consumers Co-op, which operates as PCC Community Markets (PCC), remains connected to its roots with a mission of ensuring that good food nourishes the communities it serves while building vibrant local, organic food systems. Today, PCC is the nation’s largest community-owned grocery chain and a category thought leader. The co-op employs more than 1,700 staff across its Seattle-based office and 15 stores*. Most store staff are represented by United Foods and Commercial Workers Local 21 (UFCW 21).

 

Our Vision

To inspire and advance the health and well-being of people, their communities and our planet

 

Our Mission

We ensure that good food nourishes the communities we serve, while cultivating vibrant local, organic food systems

 

Our Values

  • We foster high standards
  • We act with integrity
  • We embrace stewardship
  • We take action because we care

Position Overview

The Chief Financial Officer (CFO) is a trusted strategic advisor to PCC’s CEO, Leadership Team and Board of Trustees, and oversees all financial and accounting operations, business planning and analysis, and strategy development.  The CFO sets the financial vision for the co-op, and ensures that PCC possesses the systems, processes, and people necessary to deliver desired financial outcomes.  They are responsible for ensuring that capital investment decisions are made in line with the organization’s values, and that the business is reliably funded to deliver on PCC’s triple bottom line objectives. The CFO maintains an independent relationship with the Board through the Audit and Finance Committee (AFC), manages the company’s audit partners, and is the primary liaison to PCC’s bank.

Keys to Success

  • Partner with the CEO and the Leadership Team to deliver a financial strategy and plan tightly aligned with PCC’s vision, mission and values
  • Build and execute a strategic vision to sustainably grow the co-op
  • Lead, develop and mentor a Finance and Accounting team of 10-12 people

 

Justice, Equity, Diversity, and Inclusion

PCC is committed to building teams that represent and celebrate our diverse communities. Candidates who identify as Black, Indigenous, People of Color and LGBTQIA are strongly encouraged to apply.

 

Priority apply by date: Tuesday, July 5th, 2022

Job Locations

US-WA-Co-op Office - Seattle

Address

3131 Elliott Ave

Main Job Responsibilities

  • Directs PCC’s finance, strategy and accounting functions, conducting all responsibilities through the lens and framework of a triple bottom line impact – financial, social, and environmental. Leads the development of PCC’s strategic plans, operating budgets, and supporting tactical programs.
  • Acts as the key financial advisor to the CEO and PCC’s Leadership Team (LT).  Conducts analyses, develops scenarios, and creates models to identify trends and uncover risks before they appear in the financial reports.
  • Demonstrates a deep understanding of PCC’s underlying business performance and is able to consistently connect that knowledge with proactive recommendations that guide the co-op’ business and financial decisions.
  • Serves as the management liaison to the Audit and Finance Committee of the Board (AFC). Works closely and directly with the Committee Chair to develop an annual work plan to guide PCC’s financial strategies and results.
  • Works across all functions within the company to build an understanding of the financial drivers of the business. Establishes criteria for resource prioritization and sets a tone within the organization for efficient use of resources, financial responsibility, and accountability to plans and budgets.
  • Provides strategic financial input and leadership on decision-making affecting the organization, including evaluation of potential alliances, acquisitions, mergers, pilot projects, and other investment opportunities.
  • Is responsible and accountable for supporting and delivering a successful annual financial audit.
  • Manages PCC’s banking relationship, including all borrowing and debt positions; keeps the co-op in compliance with banking covenants, and assesses the co-op’s cash requirements through the lens of balance sheet health and cash sustainability over the long term.
  • Works closely with the corporate controller to track, oversee, and forecast balance sheet performance. Oversees, monitors, and manages PCC’s overall risk environment including identifying and assessing risks and developing mitigating strategies.
  • Leads a team of finance and accounting professionals, providing mentoring, evaluation and talent development. Implements talent development and performance management as needed to support the current and future finance needs of the organization.
  • Provides financial counsel and knowledge to others at all levels of the organization, including contractual matters, labor contracts, and employee benefits plans. 

Reporting Relationships

Reports to: Chief Executive Officer

Direct Reports: Controller, Director of Financial Planning and Analysis

Qualifications and Skills

  • 15 years of senior finance leadership experience in a medium or large for-profit or mission-driven company, including significant experience partnering with a peer executive team and Board of Directors.
  • Leadership experience in a dynamic, fast-moving, and growing retail organization is preferred.
  • Strong people management experience with the ability to inspire, mentor, develop, coach, and ensure effectiveness. Demonstrated application of emotional intelligence to leading teams and to self-reflection and development.
  • Strong communication skills, particularly regarding complex business issues and implications to the leadership team and the Board as well as broadly throughout the organization.
  • Demonstrated expertise in financial and business analysis including proficiency with relevant software programs, modeling tools, financial software, and analytic methods and reporting.
  • Demonstrated experience building and implementing new financial processes and systems and ability to identify and implement processes, tools, and programs to support growth in a retail business.
  • Proven strategic thinker in a business setting of a medium to large mission-focused for-profit company.
  • Undergraduate degree in accounting, finance, or business required.
  • MBA or Masters’ degree in accounting, finance, or business strongly preferred.

Behaviors and Competencies

PCC is a company where culture and values are at the heart of who we are and what we do.  Everyone at PCC is expected to:

  • Collaborate
  • Demonstrate Kindness
  • Focus on the Customer
  • Instill Trust
  • Value Diversity

In addition, leaders are expected to:

  • Build Effective Teams
  • Ensure Accountability
  • Inspire Others

Comp Details

Salaried, depending on experience

WEBSITE

pccmarkets.com

HEADQUARTERS

Seattle, WA

SIZE

100 - 200

INDUSTRY

Retail

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