Finance Manager

About the Role:

The Finance Manager will play a pivotal role in steering the financial health and strategic direction of our retail organization. This position is responsible for overseeing all financial operations, including budgeting, forecasting, and financial reporting, to ensure alignment with corporate objectives. The successful candidate will develop and implement comprehensive financial plans that support sustainable growth and profitability. They will analyze financial data to identify trends, risks, and opportunities, providing actionable insights to senior leadership. Ultimately, the Finance Manager will ensure the integrity of financial information and compliance with regulatory standards, enabling informed decision-making across the company.

Minimum Qualifications:

• Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
• Minimum of 5 years of experience in financial management or corporate finance, preferably within the retail industry.
• Strong proficiency in financial analysis, budgeting, and financial reporting.
• Demonstrated experience with balance sheet management and cost accounting principles.
• Excellent knowledge of financial regulations and compliance standards applicable in the United States.

Preferred Qualifications:

• Master’s degree in Finance, Business Administration (MBA), or related discipline.
• Professional certifications such as CPA (Certified Public Accountant) or CFA (Chartered Financial Analyst).
• Experience with advanced financial planning software and ERP systems.
• Prior experience managing finance teams in a retail trade environment.
• Familiarity with business administration processes and cross-departmental collaboration.

Responsibilities:

• Manage and oversee daily financial operations including accounts payable, accounts receivable, and general ledger activities.
• Develop, implement, and monitor financial plans and budgets in collaboration with department heads to support business objectives.
• Prepare detailed financial reports, balance sheets, and statements to present to senior management and stakeholders.
• Conduct thorough financial analysis to identify cost-saving opportunities and improve operational efficiency.
• Ensure compliance with corporate finance policies, accounting standards, and regulatory requirements.
• Lead cost accounting initiatives to accurately allocate expenses and assess profitability across retail segments.
• Collaborate with cross-functional teams to support business administration and strategic planning efforts.
• Supervise and mentor finance team members to enhance their skills and performance.

Skills:

The Finance Manager will utilize financial analytical skills daily to interpret complex data and generate meaningful insights that drive business decisions. Expertise in financial operations ensures smooth management of accounting processes and adherence to regulatory requirements. Corporate finance knowledge is essential for developing strategic financial plans and managing the company’s balance sheet effectively. Cost accounting skills enable the manager to allocate expenses accurately and identify areas for cost optimization. Additionally, strong business administration capabilities facilitate collaboration with other departments, ensuring financial strategies align with overall organizational goals.