Soho House & Co. | Director of FP&A & Business ...

The role... Soho House & Co.'s Finance team is responsible for driving strategic and financial decision-making processes across the Company. We partner with Senior Management and business unit leaders to analyse and drive short and long-term business performance. The Director of FP&A & Business Partnering, Americas is an integral part of the Group FP&A team and Americas Leadership Team which is responsible for defining and delivering the financial planning, reporting & analysis requirements of the business. In addition, this position is responsible for partnering with the COO, Regional Directors of Operations, and General Managers of sites to improve profitability of the business, with a focus on labour, COS, and variable expenses. This role will also support the CFO, Americas in reviewing & evaluating development models for planned future growth. This role reports into the CFO, Americas. Main Duties Lead the Financial Planning and Analysis & Business Partnering team. Strategize and drive execution for ongoing processes including 5-year planning, budgeting, and forecasting, management performance & KPI reporting/dashboards, operational and financial analysis, business case development for initiatives, hindsight reviews, review & evaluation of business development models for future growth, and pre-opening budgets. Train and build business partnering skills of the FP&A team, which includes training and building financial acumen of general managers/operators and building simplified financial tools to support the business in managing costs in line with revenues. Establish consistent business partnering practices across the region. Develop, implement, and maintain strong and robust systems and processes to support financial planning & analysis activities. Identify and implement improvements to the existing models, reports & processes to ensure they are robust, accurate, simplified, value-added and scalable for future growth. Ensuring all assumptions, inputs, and KPIs are clearly documented and establishing a regular process for reviewing all reports, inputs, and assumptions with key cross functional business partners. Where necessary build simple input sheets for business partners providing key inputs. Monitor data accuracy and drive continuous improvement. Consolidate and streamline reports where needed and ensure data is accompanied by insights. Appropriately challenge current standards and redefine how work is performed by the team. Standardize and automate processes/reporting, expedite workflows, and develop FP&A and business partnering policies and procedures. Ensure team hits deadlines. Work with Corporate Controller, Americas on shifting accounting/accrual responsibilities from FP&A/business partnering to accounting. Drive operating efficiencies through prudent expense management across the Region and sites. Proactively develop initiatives with the operators/FP&A managers & work with head of procurement to lower costs while maintaining the highest standards of quality and without compromising member experience. Create key performance indicators and benchmarking reporting. Continually partner and collaborate with, while effectively challenging, senior leaders within finance and cross functional business leaders to achieve strong results. Recruit, hire, manage, develop, and mentor a best-in-class financial planning & analysis & business partnering team that is focused on providing the best member experience, improving operational efficiency, and delivering more profitable results. Develop the team to have a deeper understanding of the day-to-day site operations so they can constructively challenge, review, and support operators in improving results. Strong focus on flawless execution, building relationships across the business/functions globally and developing team/internal succession. Oversees financial analysis and preparation of 5-year plan, budgets, forecasts, and consolidated financial statements. Integrate into cash flow forecasting model & build out balance sheet budgets/projections. Directs the analysis of financial data to identify opportunities for improving financial performance. Trains the FP&A managers to do the same for their respective sites. Develops annual and long-range business plans as required. Collaborates with senior management in finance, operations, business development and executives, to develop strategic plans and frequent risk & opportunity analysis. Develop monthly/quarterly/annual commercial results review packages. Prepare financial presentations/analysis on request of CFO, Americas. Represents the Finance department in reviewing/modelling proposed business development activity, entry into new markets/businesses or business model changes. Increase value-add of finance roles through commitment to continuous improvement of business financial results, processes, controls & efficiency. Provide meaningful input into review and evaluation of business results, past or proposed investments and business development models. Leverage data-driven business analytics to improve financial performance (for example: revenue growth, labor optimization). Use data visualization and other tools to translate data into management information and presentations for decision making. Supports monthly budget/forecast variance analysis and financial close process activities. Support CFO Americas or COO on ad-hoc projects/analysis. Required Skills/Qualifications 15+ years of relevant experience in FP&A, financial forecasting, modeling, business partnering, strategic planning, and financial analysis experience in a multi-location, multiple revenue stream, complex organization with progressively greater leadership responsibility. An undergraduate degree in accounting, finance, business, or equivalent is required. MBA or other advanced finance degree (or equivalent) strongly preferred. Demonstrated proficiency communicating verbally and in writing both within the corporation and externally. Able to flex communication style and information communicated to the audience. Has executive presence. Experience in hospitality is preferred. Experience in a public company is preferred but not required. Advanced leadership and management skills with a proven ability to motivate and develop others, resolve conflict, prioritize competing demands, and manage time. Strong interpersonal skills including demonstrated ability create and maintain collaborative professional relationships and establish trust/credibility. Proven track-record of delivering tangible financial results through business partnership/advice/support. Ability to work in a fast-paced environment and handle multiple tasks concurrently. Hands-on leader who is willing to get into the details and perform complex analysis as needed. Demonstrate work ethic, energy, and capacity, consistently perform and lead in a dynamic, challenging, demanding business environment. Proactive, responsive, and readily available to "get the job" done. Available to travel throughout the Americas, ~ 10% travel. Strong return on investment and cash flow analysis skills. Strong project and process management skills. Expert proficiency with Microsoft Office Suite (i.e. Excel, Word, and PowerPoint). Extensive experience preparing presentations and reports for an executive audience Physical Requirements Must be able to seize, grasp, turn and hold objects with hands. Must be able to work on your feet for at least 8 hours. Fast paced movements are required to go from one part of the club to others. Must be able to move, pull, carry, or lift at least 40 pounds. Occasionally kneel, bend, crouch and climb as required. Why work with us... Soho House offers competitive compensation packages that feature global benefits and perks. Whether you're seeking entry-level employment or a new opportunity to expand your profession, we offer training to develop the technical and managerial skills necessary to enhance your career. Health Care + 401K: Full time employees are eligible for full benefits; Medical, Dental & Vision as well as Retirement fund with a 2% match Paid Time Off: Full- Time Employees have sick day's + vacation days Career Development: Soho House can progress your career domestically or internationally as well as managerially or technically Soho Impact: Empowering the Soho House Community to make positive change, through mentoring, apprenticeship, local outreach and sustainability Learning & Development: An extensive range of internally and externally run courses are available for all employees. Cookhouse & House Tonic: Celebrating our passion for food and drink. Check out our monthly calendars and get involved in trips, training's and events. Available to all. Team Events: From fitness sessions to cinema screenings and art classes, each month we hold a series of fun events which you can sign up to. Team Meal: Whilst on duty in our Houses & Restaurants you will be provided with a substantial meal free of charge. In accordance with New York law, the salary range for this role if filled within New York is listed below. The range for the position in other geographies may vary based on market differences. The actual compensation will be determined based on experience and other factors permitted by law. Pay Range $250,000-$275,000 USD

Created: 2024-11-26