Comfort starts with our 10000 team members across the globe who are transforming the power of comfort every day. Our employees have the power to change lives in our homes work and communities. We foster an inclusive environment while honoring a legacy built on family where everyone can be themselves.
If you are ready to join an industry leading organization where our people are the most important asset and innovation propels us into the future youre ready to take your seat at La-Z-Boy Incorporated.
WE BELIEVE IN THE TRANSFORMATIONAL POWER OF COMFORT
This position is the F&A leader and business partner to the President of the Retail Division and owns the finance and accounting operations for the Retail Business enabling delivery of current year objectives and long-term strategic goals. Provides financial leadership to the Retail Leadership Team by leading financial reporting forecasting & budgeting internal controls and Financial Analysis for the Retail Division and Real Estate Operations. This leadership position is a thought leader and strategic partner to the Retail Division and La-Z-Boy Enterprise to enable ambitious top- and bottom-line growth as part of Century Visions Strategy.
Job Description:
KEY RESPONSIBILITIES:
- Leads financial analyses of business operations strategic choices and all other investments to deliver Divisions short- and long-term goals and increase Shareholder Value. This would include but is not limited to: New Stores Acquisitions New Formats Optimization of floor space Product portfolio and Pricing Strategy
- Leads the monthly forecasting and annual operating plan process for the retail business and accountable for all financial statements (P&L Balance Sheet Cash Flow). Leads C-Suite and Management reviews and materials of the Divisions financial outlook and partners with Retail President on decisions to maximize results or mitigate challenges in delivering objectives.
- Leads review reporting of operating results and variance analysis for the Retail business vs. expectations. Enables flywheel of analyzing data articulating insights and turning into action.
- 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
- Implement and maintain appropriate internal controls including SOX and other compliance measures for the Retail business. 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.
- Ownership and Oversight of the monthly close process that includes preparation of monthly trial balances completion and review of associated journal entries and account reconciliations. Leads and prepares management summary of Actuals vs. expectations and utilizes insights to manage forward looking forecast and needed changes in operations to deliver results.
- Owns the financial reporting and internal control aspects of Retail acquisitions. This includes oversight of accounting procedures providing support to staff to manage monthly close and sales audit processes oversight of system conversions and other components as required to transition the business into our Retail segment.
- Owns the capital expenditure planning and forecasting process for the Retail business along with the capitalization and disposition of assets. Oversees the Financial Analysis and R&A creation associated with capital spending for Retail store openings conversions and maintenance to ensure attractive financial return on investment
SCOPE & IMPACT:
This position is the F&A leader for the Retail Division ($850 million sales 175 company-owned stores) and has accountability for FP&A accounting sales audit and inventory control activities. As part of Century Vision the Retail Divisions growth and expansion is at the center and this position will be the right-hand and strategic partner for the Division President to achieve ambitious objectives. This role will lead and develop a team of 20-25 people and be part of the La-Z-Boy F&A leadership team.
MINIMUM REQUIREMENTS:
- Bachelors 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 REQUIREMENTS:
MBA
SUPERVISORY RESPONSIBILITIES: The position has up to four (4) Direct Reports
PHYSICAL DEMANDS/WORK ENVIRONMENT:
Office environment/no specific or unusual physical or environmental demands.
OTHER DUTIES: Please note this job description is not designed to cover or contain a comprehensive listing of activities duties or responsibilities that are required of the incumbent for this job. Duties responsibilities and activities may change at any time with or without notice.
Additional Job Description:
Weekly Hours:
40
Benefits for Employees in the US:
Benefit offerings to employee and their families include: Medical Vision Dental and Basic Life Insurance available 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 and either personal time (non-exempt only) or state mandated sick time.
At La-Z-Boy Incorporated were an equal opportunity employer. We understand that our employees diverse backgrounds experiences perspectives and viewpoints add value to our ability to create and deliver the best possible service quality products and is of upmost importance as we work together to build comfort. All applicants will be considered for employment without attention to race color religion sex sexual orientation gender identity national origin veteran or disability status.
We are committed to fostering an environment in which all employees feel valued included and empowered to do their best work and bring great ideas to the table. If you are a qualified individual that may need a change or adjustment to the application/interviewing/hiring process as a result of your disability you may request a reasonable accommodations by emailing our recruiting team at or by calling .
Required Experience:
Director