Purpose:   

The Sr Director Operational Finance Procurement & Shrink will oversee the financial tracking and management of natural inventory and shrink. The role will liaison with various finance and supply chain teams to lead the financial planning, forecasting, period end close, variance reporting, ad hoc research and project work. This role involves managing inventory planning and analysis, and projects to ensure inventory levels are optimized. This role will be responsible for extending this support across other business units as operational business process changes.

Job Responsibilities: 

• Develop and implement shrink reduction strategies. Monitor and analyze shrinkage trends and identify root causes. 

• Responsible for natural procurement spoilage, natural operations shrink, and natural procurement inventory.

• Responsible for wholesale shrink and inventory wholesale consolidation.

• Prepare and present inventory and shrink reports to senior management. Utilize data analytics to identify areas for improvement.

• Track key performance indicators related to inventory accuracy and shrink.

• Work closely with senior leadership to enhance reporting capabilities, structure conversations for smart business decisions, encourage open communication among the team and establish a framework for accountability.

• Provide informed strategic opinions which are shaped by an in depth understanding of the functional business including emerging business issues for translation in budgets, forecasts, analysis, etc.

• Lead, execute and own the annual budget process for assigned business area. This includes identifying key budget drivers, modeling proposed budget scenarios and partnering with the business to ensure there is alignment, agreement and that the budget truly represents the objectives of the business.

• Deliver periodic forecasts for applicable areas in partnership with the business adhering to timelines.

• Preparation of Monthly and Quarterly financial analysis and materials. Work with senior leadership to provide value-added commentary to monthly and quarterly financial results, enabling swift and accurate decision-making. Reviews should focus on operational/financial performance metrics, historical results, budgets, forecasts, and trends.

• Assist the business in aligning strategic plans as applicable to the specific business area to execute the company’s short and long-term goals.

• Conduct organizational reviews to identify strengths, weaknesses, and opportunities and to evaluate operational effectiveness. Facilitate the creation of action plans to close gaps on main opportunities.

Performs other duties as assigned.

Job Requirements: 

Education/ Certifications:

• Bachelor’s degree required. Degree in accounting, finance, or related field preferred. CPA or MBA preferred.

Experience:

• 10+ years’ experience in Finance required.

• Financial Planning & Analysis experience required. Possess ability to analyze, interpret, and report financial data.
  
  

Knowledge/Skills/ Abilities:

• Fortune 500 experience strongly preferred.

• Strong command of the financials and business.

• Strong people leader who empowers their team; hires, retains and grows talent.

• Ability to solve problems using analytical frameworks to streamline the process.

• Self-starter who works well within under situations (well-defined to unstructured); proactively identifies improvement areas.

• Possesses excellent communication skills, both verbal and written with all levels of management.

• Ability to interact at all levels in the organization from Executives to staff.

• Excellent PC and related application skills.

• Ability to handle confidential information in a mature manner required