What are the responsibilities and job description for the Financial Director position at Balfour & Co?
About Balfour & Co.
Balfour & Co. is one of the world’s leading Collegiate and High School commencement services companies, offering innovative, personalized products like class jewelry, yearbooks, regalia, school uniforms and photography. With brands such as Balfour®, GradImages®, ArtCarved®, and more, we’ve been helping students celebrate life’s most meaningful moments since 1913. Balfour has around 4,000 employees and operates in 3 countries.
POSITION SUMMARY:
Direct and lead complex financial planning, analysis, budgeting and consolidated reporting functions for all operations. The Finance Director will be responsible for the development of forecasts for future business growth and general financial outlook and provide leadership by working with the finance area and Executive leadership to establish long-range goals and strategic plan. The Finance Director will also develop standard weekly (and/or) monthly reporting, performance management dashboards and models, and conduct ad-hoc analysis of key opportunities for the organization. The ideal candidate possesses excellent business acumen, strategy, financial, analytical, process improvement, and exceptional communication (verbal and written) skills. A wide degree of creativity and latitude is expected.
ESSENTIAL POSITION FUNCTIONS:
- Analyze current and past trends in key performance indicators including all areas of revenue, expenses, and capital expenditures and build appropriate dashboards.
- Monitor performance indicators, highlighting trends and analyzing causes of unexpected variance. Oversee and manage the continued development of budgeting, financial forecasting, operating plan and modeling tools.
- Collaborate cross functionality to review the dashboards and ensure execution of alignment based upon recommendations. Quantify opportunities and risk and recommend alternatives.
- Oversee all financial planning and analysis in determining return on investment (ROI), and profit loss (P&L) for all divisions.
- Evalute processes to drive efficiencies and understand ROI in capital spending and new projects.
- Develop financial models and analyses to support strategic initiatives and new business opportunities.
- Prepare and analyze monthly and annual financial presentations/statements; organize finanical reporting materials, and oversee all financial, project/program accounting.
- Accountable for analysis and reporting of process and recommendations for specific appropriate corrective actions where necessary.
- Find, evaluate, and report on risks and opportunities to the company’s goals and commitments. Connect cause and effect from business initiatives to quantifiable results.
- Support the operations planning process and take the lead from a financial perspective in other projects that enable better forecasting across the organization.
- Manage annual budget, monthly forecasting, and long-term strategic planning processes ensuring accurate timely and efficient execution.
- Ad-hoc analysis as requested.
SPECIALIZED SKILLS/KNOWLEDGE:
- Familiar with a variety of the field’s concepts, practices, and procedures, and the analysis and reporting of financial data
- Ability to accurately disaggregate, analyze and reconcile consolidated financial data
- Ability to handle complex analysis from issue identification to proposal of potential solutions
- Rely on extensive experience and judgment to plan and accomplish goals
EDUCATION/EXPERIENCE:
- B.S. Finance/Accounting required; MBA preferred; Professional qualifications (CPA, CIA or equivalent) desirable
- Minimum of (7-10) years’ experience in the field
- Solid working knowledge of software applications for data analysis, financial modeling, and presentation (i.e., MS Access, Excel, PowerPoint, and SQL, etc.)
- Experience developing reports for tracking and translating information from quantitative data to infographics (charts, trends, slides, etc.)