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La-Z-Boy Incorporated · 1 day ago

Director of Retail Finance

Monroe, MI

Full-time

Onsite

Director/Executive

10+ years exp

La-Z-Boy Incorporated is an industry leading organization focused on transforming comfort through innovation and inclusivity. The Director of Retail Finance serves as the FP&A leader and business partner to the President of the Retail Division, overseeing finance operations to meet current objectives and long-term strategic goals while driving financial leadership across the retail portfolio.

FurnitureManufacturingSales

Responsibilities

Leads financial analyses of business operations, strategic choices, and all other investments, to deliver Division’s short- and long-term goals and increase Shareholder Value. This would include (but not limited to); New Stores, Acquisitions, New Formats, optimization of floor space, Product portfolio, pricing strategy, and compensation analytics

Leads the monthly forecasting and annual operating plan process for the retail business, which includes ownership of all forward-looking retail financial statements (P&L, Balance Sheet, Cash Flow). Leads C-Suite and Management reviews and materials of the Division’s financial outlook and partners with Retail President on decisions to maximize results or mitigate challenges in delivering objectives

Partner with management to ensure understanding of financial goals and performance against those goals by identifying and managing risks and opportunities as the fiscal year progresses. Takes initiative and accountability to elevate risk areas or opportunities and partner with team to drive actions to deliver against objectives

Collaborates with accounting team on key variance analyses between forecast and actual results, strategic business changes, and other ad hoc analyses

Enforces appropriate internal controls for area of responsibility, including SOX and other compliance measures for the Retail stores. This includes the oversight for the control environment for the Retail stores with respect to daily cash management, procedures related to fraud prevention, and inventory control in store locations and distribution centers

Leads cash, inventory, and forecast internal controls compliance and process integration for Retail acquisitions, ensuring effective transition into the Retail segment. Oversight includes forecast integration, operational readiness, and alignment with enterprise policies and procedures

Owns the capital expenditure planning and forecasting process for the Retail business, including financial modeling and investment analysis for store openings, conversions, and maintenance. Partners cross-functionally to ensure capital deployment supports strategic priorities and delivers attractive financial returns

Partner with management to establish and implement goals and performance metrics to drive sales growth and profitability across existing and new independent furniture gallery partners. Ensure alignment and understanding of financial objectives and proactively monitor and manage risks and opportunities to optimize performance throughout the fiscal year

Evaluations of monthly forecasts and financial reports for the independent furniture gallery network, focusing on sales and overall profitability. This includes performing financial analyses of key business metrics, assessing strategic options, and providing actionable recommendations to Sales and Business leadership to drive overall sales growth across the furniture gallery network

Qualification

FP&A leadershipFinancial modelingRetail finance experienceGAAP proficiencySOX complianceAnalytical skillsBusiness leadershipMBASupervisory experienceProblem solvingOrganizational skills

Required

Bachelor's degree in Finance, Accounting, Business, or related field with 10+ years of relevant experience or equivalent

5+ years of supervisor/leadership experience or equivalent

Advanced FP&A experience in Retail, Consumer Products or Durable Products industries

Proficiency in GAAP and SOX internal control requirements

Excellent problem solving and organizational skills

Strong Analytical and Business leadership skills

Travel Required: 20%

Preferred

MBA

Benefits

Medical

Vision

Dental and Basic Life Insurance

401k retirement plan with company match of up to 6%

Paid time off includes: 9-11 paid holidays each year

Two weeks’ prorated vacation as a new hire

Either personal time (non-exempt only) or state mandated sick time

Company

La-Z-Boy Incorporated

Glassdoor3.2

La-Z-Boy Incorporated brings the transformational power of comfort to people, homes, and communities around the world—a mission that began when our founders invented the iconic recliner in 1927.

Founded in 2015

Monroe, Michigan, USA

10001+ employees