DVP, Financial Planning & Analysis
DVP, Financial Planning & Analysis
THE DEPARTMENT:
The Finance Department supports the product, people, promotion, place and profit strategies of the company by providing centralized delivery of all financial services. Internally, Finance provides financial services to all divisions of the company. Externally, Finance provides financial information and reporting to the parent company, Berkshire Hathaway, as well as state and federal regulatory agencies. Ben Bridge Jewelers and Helzberg Diamonds are Berkshire Hathaway subsidiaries. The Finance Department is divided into four areas: (1) General Accounting, which includes financial reporting, fixed assets, financial system integration, cash management, inventory control, merchandise and expense payables, operations audit and travel processing, (2) Planning and Analysis, which includes annual budgeting, market and site analysis, complex business analysis and forecasting, and procurement, (3) Payroll, which includes all payroll and bonus processing and payroll tax reporting (4) Risk Management which includes sales audit, risk assessment/mitigation, legal, physical security, and insurance management, and (5) Information Security.
POSITION SUMMARY:
Develop, plan and execute the annual budget process to produce a high-quality business plan that communicates company goals and expectations to internal and external users. Provide analyses both on past results and future projections that could have significant financial impact. This position works with business unit leaders across both Ben Bridge and Helzberg. They are responsible for presenting to company leaders at the operations meetings and the executive board meetings, as appropriate. This position reports directly to the CFO.
PRINCIPAL ACCOUNTABILITIES:
SUPERVISORY RESPONSIBILITIES:
The incumbent supervises three direct reports at various levels and will be responsible for the following:
QUALIFICATIONS:
Requirements:
Preferred:
Work Schedule:
Hybrid schedule with predictable onsite attendance required three or more days per week to perform essential functions involving interactive behaviors with co-workers and managers, and direct interaction with internal and/or external customers.
COMPETENCIES:
Leadership, Achievement Motivation, Analytical Thinking, Business Knowledge, Flexibility, Information Seeking, Relationship Building, Strategic Orientation, Teamwork and Cooperation
The Finance Department supports the product, people, promotion, place and profit strategies of the company by providing centralized delivery of all financial services. Internally, Finance provides financial services to all divisions of the company. Externally, Finance provides financial information and reporting to the parent company, Berkshire Hathaway, as well as state and federal regulatory agencies. Ben Bridge Jewelers and Helzberg Diamonds are Berkshire Hathaway subsidiaries. The Finance Department is divided into four areas: (1) General Accounting, which includes financial reporting, fixed assets, financial system integration, cash management, inventory control, merchandise and expense payables, operations audit and travel processing, (2) Planning and Analysis, which includes annual budgeting, market and site analysis, complex business analysis and forecasting, and procurement, (3) Payroll, which includes all payroll and bonus processing and payroll tax reporting (4) Risk Management which includes sales audit, risk assessment/mitigation, legal, physical security, and insurance management, and (5) Information Security.
POSITION SUMMARY:
Develop, plan and execute the annual budget process to produce a high-quality business plan that communicates company goals and expectations to internal and external users. Provide analyses both on past results and future projections that could have significant financial impact. This position works with business unit leaders across both Ben Bridge and Helzberg. They are responsible for presenting to company leaders at the operations meetings and the executive board meetings, as appropriate. This position reports directly to the CFO.
PRINCIPAL ACCOUNTABILITIES:
- Manage development of short and long-term plans that align with Ben Bridge and Helzberg company objectives complying with Berkshire requirements. Establish and implement standards and procedures for effective and timely annual and long-term planning that supports company and user needs.
- Oversee development of timely and accurate forecasts by the FP&A team working with our business partners.
- Oversee financial analysis of the results of operations and various programs supporting the business units, reviewing and researching monthly plan/forecast variances with accounting and the business units. Identify negative trends and work with the business units to mitigate risk and ensure executive management is aware of the issues and the mitigation plans.
- Develop and maintain business cases for proposed projects and support the business units in presenting recommendations to management to enable informed investment decisions.
- Assist in analyzing competitor information and strategies, which helps maintain a continual awareness of the external environment which may help us maximize our competitive advantage.
- Oversee the development and administration of the planning system. Includes implementation and maintenance of system for Helzberg and Ben Bridge as two separate entities.
- Oversee the supply chain function for non-merchandise or real estate contracts and/or services. Includes managing implementation and management of a contract database, ensuring business units are aware of contract renewal requirements, supporting the business through contract negotiations/RFPs, and working with accounting to ensure appropriate recognition of contractual obligations.
- Guide, challenge, and mentor staff to achieve their career potential and push the business forward.
SUPERVISORY RESPONSIBILITIES:
The incumbent supervises three direct reports at various levels and will be responsible for the following:
- Accomplish department objectives by directing and monitoring the work progress of direct report.
- Provide coaching and guidance to direct report.
- Set expectations, annual goals and provide required quarterly touch base meetings with all direct report.
QUALIFICATIONS:
Requirements:
- Bachelor’s degree in Business, Accounting, Finance or related area.
- Ten to fifteen years of finance experience is required.
- Seven years of direct leadership experience is required.
- Expertise in financial planning and scenario modeling.
- Solid PC skills include Excel, Word and Visual Basic and planning systems.
Preferred:
- Experience with Snowflake and Oracle Fusion and Planning.
- RFP, vendor negotiation, and contracting experience.
- Strong project management skills are essential along with strong written and verbal communication skills to present complex information in understandable formats.
- Experience in a multi-unit retail environment is helpful.
Work Schedule:
Hybrid schedule with predictable onsite attendance required three or more days per week to perform essential functions involving interactive behaviors with co-workers and managers, and direct interaction with internal and/or external customers.
COMPETENCIES:
Leadership, Achievement Motivation, Analytical Thinking, Business Knowledge, Flexibility, Information Seeking, Relationship Building, Strategic Orientation, Teamwork and Cooperation