Director - Business Unit Finance

Job Posting:

Since 1953, Ferguson has been a source of quality supplies for a variety of industries. Together We Build Better infrastructure, better homes and better businesses. We exist to make our customers’ complex projects simple, successful, and sustainable. We proactively solve problems, adapt and grow to continuously serve our customers, communities and each other. Ferguson, a Fortune 500 company, is proud to provide best-in-class products, service and capabilities across the following industries: Commercial/Mechanical, Facilities Supply, Fire and Fabrication, HVAC, Industrial, Residential Trade, Residential Building and Remodel, Waterworks and Residential Digital Commerce. Ferguson has approximately 36,000 associates across 1,700 locations. Ferguson is a community of proud associates who operate with the shared purpose of building something meaningful. You will build a career that you are proud of, at a company you can believe in.

The Director - Business Unit Finance, Our Brand will partner with Ferguson's Our Brand companies and its leadership, along with partnering with the broader Ferguson Customer Groups. The Director will manage the Our Brand business finance team supporting the businesses. That staff includes 4 direct reports

The focus will be driving Performance Management by partnering with key team members on financial analysis, strategic plan development, budgeting, forecasting and metric settings!

Key Statistics:

• Approximately $3B in Revenue across multiple Our Brand business divisions
• 4 Direct Reports (10 total Associates)

Location: While this role is open to remote candidates across the U.S., our strong preference is for someone who can work hybrid out of our Newport News, VA headquarters. For the ideal candidate, we are open to a fully remote arrangement, provided they are able to work Eastern Time Zone hours.

Primary Responsibilities

• Financial Leadership: Collaborate with the District, Regional and Functional Senior leadership to set and implement financial strategies that align with the company's goals, mission, and vision.
• Financial Strategy: Develop and implement financial strategies, policies, and procedures to ensure the organization's financial health and stability.
• Financial Analysis: Lead the preparation of comprehensive analyses, including variance analysis, trend analysis, and scenario modeling, to support strategic decision-making partnering with business leadership, Decision Support, and other departments.
• Budgeting and Forecasting: Oversee the development and maintenance of annual budgets and rolling forecasts, working closely with cross-functional teams. Continuously monitor budget performance and recommend adjustments as necessary.
• Financial Reporting: Ensure the accurate and timely preparation of monthly, quarterly, and annual financial reports for executive leadership and the board of directors. Highlight key performance indicators and areas for improvement.
• Cost Management: Identify cost-saving opportunities and drive the implementation of cost reduction strategies while maintaining operational efficiency and quality.
• Financial Modeling: Develop and manage complex financial models to evaluate the potential impact of business initiatives, investment opportunities, and risks.
• Data Analysis: Gather, analyze, and interpret financial data from various sources to provide valuable insights into business performance and trends. Use data visualization tools for effective communication.
• Risk Management: Assess financial risks and formulate strategies to mitigate them. Stay informed about industry trends and economic conditions affecting the organization.
• Compliance: Ensure strict adherence to relevant accounting standards, tax regulations, and internal policies.
• Process Improvement: Find opportunities to streamline financial processes, implement standard methodologies, and enhance efficiency and accuracy.
• Team Leadership: Supervise and manage a team of finance professionals, fostering their professional growth and development, setting performance expectations, and goals for the Finance team. This role has 4 direct reports and 10 associates total.
• Business Partnering: Collaborate with senior leaders and departments heads to understand the business needs and challenges. Act as a trusted advisor to business leaders, offering financial insights and solutions.
• Strategic Planning: Lead the development of long-term financial plans and initiatives that align with the company's growth objectives.

Preferred Qualifications<