Job Description
Position Overview:
The Vice President of Finance will be responsible for overseeing all aspects of the company’s financial operations, including accounting, budgeting, forecasting, financial reporting, and analysis. As a key member of the leadership team, this role will work closely with senior management to develop and execute financial strategies that support the company’s growth and profitability. The ideal candidate will have extensive experience in finance leadership roles, with a strong background in franchise or multi-unit business models.
Key Responsibilities:
- Financial Leadership: Lead and oversee the finance, FP&A, and accounting functions, ensuring accuracy, compliance, and alignment with the company’s goals and objectives.
- Strategic Financial Planning: Develop and implement the company’s financial strategy, including short-term and long-term financial planning, to support business growth, scalability, and profitability.
- Budgeting and Forecasting: Lead the annual budgeting process, including the preparation of detailed financial forecasts and projections. Ensure alignment with strategic priorities and business plans.
- Financial Reporting: Oversee the preparation of monthly, quarterly, and annual financial statements, ensuring accuracy, timeliness, and compliance with GAAP and other regulatory requirements.
- FP&A Management: Lead the FP&A function to provide insightful analysis and actionable recommendations to senior leadership, franchisees, and key stakeholders. Monitor key financial metrics, trends, and risks.
- Operational Efficiency: Work closely with the operations and franchise support teams to drive financial efficiency across the business, including cost control, profitability analysis, and cash flow optimization.
- Accounting Oversight: Ensure the accounting team delivers accurate and timely financial records, reconciliations, and audit-ready documentation. Ensure compliance with internal controls and external audit requirements.
- Franchisee Support: Collaborate with the franchise development and operations teams to support franchisees with financial guidance, unit economics, and performance analysis.
- Financial Risk Management: Identify and mitigate financial risks across the organization, including liquidity, currency, and operational risks. Ensure appropriate risk management strategies are in place.
- Capital Allocation: Lead capital planning and investment strategies, including working capital management, capital expenditures, and financing. Work with external stakeholders on fundraising and financing initiatives.
- Leadership and Team Development: Build and mentor a high-performing finance team, fostering a culture of accountability, innovation, and continuous improvement.
- Mergers and Acquisitions (M&A): Support corporate development initiatives, including evaluating potential acquisitions, conducting financial due diligence, and integrating acquired businesses.
- Board and Investor Relations: Prepare and present financial reports to the board of directors and investors. Serve as a key financial liaison between the company and its stakeholders.
Qualifications:
- Bachelor’s degree in Finance, Accounting, Business, or a related field; MBA or advanced degree preferred.
- Certified Public Accountant (CPA) or Chartered Financial Analyst (CFA) designation preferred.
- Minimum of 2 years of experience in senior finance roles, including experience leading FP&A, accounting, and finance teams, preferably in a franchisor or multi-unit business.
- Strong understanding of franchise business models, unit economics, and multi-location financial management.
- Proven track record of developing and executing financial strategies that support business growth and operational efficiency.
- Expertise in financial planning, analysis, reporting, and budgeting with a focus on data-driven decision-making.
- Strong knowledge of GAAP, financial compliance, and risk management.
- Excellent communication and interpersonal skills, with the ability to work effectively with senior leadership, franchisees, and external stakeholders.
- Experience with financial software and ERP systems, with proficiency in Microsoft Excel and financial modeling.
- Ability to thrive in a fast-paced, entrepreneurial environment, with a focus on collaboration and results.
- Strong leadership and team management skills, with the ability to mentor and develop talent.
- Experience in M&A, capital raising, and managing relationships with investors is a plus.
Job Tags
Full time, Temporary work,