Job Description
US LBM is one of the leading and fastest growing distributors of specialty building materials in the United States, with a team of over 15,000 employees located throughout the country. Since our founding in 2009, we have acquired over 70 companies and have expanded to more than 500 locations serving 37 states. US LBM is a progressive organization that promotes a unique culture that focuses on the value of its customers and associates. Developing our people is critical to our strategy and fostering our culture of empowerment.
The Regional Finance Director ("RFD") will lead all financial operations within their designated Region, serving in the capacity of CFO to the Regional Vice President (RVP) and a key partner to other functional leaders at the regional level. Key responsibilities include strategic planning, budgeting and forecasting, financial analysis and reporting, and oversight for those accounting and compliance activities not centralized with Corporate staffs.
RFDs will collaborate closely with regional and market-level leaders to drive business performance and align operational strategies to financial goals. They will also coordinate closely with Corporate and Shared Services teams to adopt consistent financial processes across the various operating units. Building and coaching a strong team to provide robust financial planning and decision support to the commercial and operational leaders across their region is a key element for success.
It is strongly preferred that RFD candidates reside within the market boundaries for their region to facilitate frequent in-person collaboration with business leaders in the field. RFDs are expected to travel as needed within their Region, as well as to the Company's headquarters in Atlanta, GA.
Key responsibilities include: Supporting business operations -- Serve as the primary financial lead for the Region, providing financial expertise and support for Regional, Market or Divisional leadership
- Collaborate on development of strategic plans and enabling operational initiatives
- Evaluate capital investment opportunities and help prioritize and present investment proposals to senior leadership
- Monitor and report on execution and effectiveness of strategic initiatives
- Manage regional cost control initiatives and identify cost-saving opportunities
- Drive improvements in Net Working Capital and free cashflows
Lead the development of strategic and annual operating plans, budgets and forecasts required to achieve targets and to ensure the capital plan earns appropriate returns
- Develop and managing regional budgets, forecasts, and long-range financial plans
- Analyze performance metrics to identify trends and opportunities for improvement
- Provide insights and recommendations to regional leadership on key performance indicators to monitor health of the business and progress on strategic initiatives
Oversee Financial Analysis & Reporting for the Region:
- Direct the preparation, review and presentation of monthly financial results and reporting to regional and corporate leadership
- Provide robust variance analysis to identify operational and commercial drivers for actual results versus budget, forecast and prior period results; review that variance analysis in a clear and concise manner to the RVP and senior executive team
- Monitor and evaluate the performance of all operating units versus plan and develop corrective actions as necessary to achieve financial targets
- Perform routine and ad hoc analyses, as required
Coordinate with Corporate Accounting and Financial Shared Services to ensure timely and accurate financial statements are prepared for each operating unit, including:
- Collaborate with Corporate Accounting to define and implement standardized accounting practices across divisions throughout the organization;
- Oversee regional month-end close processes, including active monitoring of balance sheet accounts and working capital (e.g. receivables and inventory)
- Directly oversee any accounting resources maintained at the regional level
- Timely and accurate execution of audit support requirements
- Support M&A activities within the Region to ensure newly acquired business are integrated timely and effectively, including:
- Developing an integration plan and onboarding new resources as necessary to facilitate adoption of US LBM financial processes (e.g. reporting, forecasting)
- Developing budgets for newly acquired companies aligned to acquisition business cases, and tracking performance to business case targets
- Partnering with Corporate Accounting and Shared Services to migrate acquired companies to US LBM accounting policies and internal controls and support systems conversion projects as necessary
- Partnering with Corporate teams to evaluate opening balance sheet entries
- Ensure compliance and internal control requirements are clearly defined, understood and executed across the various business units in the region
- Recruit, mentor and develop staff to ensure that best-in-class financial processes and analysis are provided consistently to field leadership
- Play an active role in continuous improvement efforts by supporting the adoption of best practices across the region and actively participating in divisional or company-wide efforts requiring financial expertise (e.g. ERP conversions and Market Optimizations)
Education Qualifications
- Bachelor's Degree Business or Finance degree required
- MBA or Masters Degree (or CPA) is highly preferred
Experience Qualifications
- 15+ years of broad financial expertise required (finance, FP&A, accounting)
Skills and Abilities
- Excellent judgment and creative problem-solving skills, including negotiation and conflict-resolution skills.
- Exceptional written, oral, interpersonal, and presentation skills and the ability to effectively interface with varying levels including senior leadership
- Superior management skills; ability to influence & engage direct & indirect reports and peers.
- Strong mentoring, and coaching experience to a team with diverse levels of expertise.
- Proven track record of success facilitating progressive organizational change and development within a growing organization.
- Ability to operate as an effective tactical as well as strategic thinker.
Competencies
- Customer Focus - Building strong customer relationships and delivering customer-centric solutions
- Accountability - holding self and others accountable to meet commitments.
- Communicates Effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences
- Decision Quality - Making good and timely decisions that keep the organization moving forward
- Being Resilient - Rebounding from setbacks and adversity when facing difficult situations
- Tech Savvy - Anticipating and adopting innovations in business-building digital and technology applications
- Collaborates - Building partnerships and working collaboratively with others to meet shared objectives
Travel Requirements
- Varies by region but expected to be a minimum of 25% depending on business needs
US LBM Holdings, LLC, is an equal-opportunity employer. We do not discriminate on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity, marital status, military status, order of protection status, or any other legally recognized protected basis under federal, state, or local law.
Job Tags
Full time, Local area,