Senior Finance Manager

Salary:  $130,000 - $165,000

Other Forms of Compensation: yearly bonus 

 

 

A family of companies and experiences

As the leading foodservice and support services company, Compass Group USA is known for our great people, great service and our great results. If you’ve been hungry and away from home, chances are you’ve tasted Compass Group’s delicious food and experienced our outstanding service. We have over 284,000 US associates who work in award-winning restaurants, corporate cafes, hospitals, schools, arenas, museums, and more in all 50 states. Our reach is constantly expanding to shape the industry and create new opportunities for innovation. Join the Compass family today!

great people. great services. great results.

Each and every individual plays a key role in the growth and legacy of our company. We know the next big idea can come from anyone. We encourage developing and attracting expertise that differentiates us as a company as we continue to raise the bar.

Job Summary

Responsibilities:

Control

• Oversee timely and accurate weekly and monthly closes, prepare accrual journal entries per IFRS and company guidelines, and drive ongoing close process improvements.
• Ensure the integrity of the P&L and Balance Sheet of the Business Unit.
• Focus on improving business cash-flow notably through:
  • Effective management and timely collection of accounts receivable    
  • Sound inventory management.  
  • Ensure accuracy and control of physical inventory and cash collection.
• Ensuring capital purchases are forecasted, tracked, and capitalized appropriately.
• Ensure that assets are set up correctly by the accounting and capital assets department and that all invoices are forwarded on time.
• Provide client ad-hoc financial reporting as needed.

Budgeting & Forecasting

• Coordinate, direct, oversee, and present the “bottom-up” P&L Forecasts and the Annual Budget across Sales, Marketing, Operations, HR (cross-functional teams), and Finance teams for the Business Unit.
• Call out variances to the Budget and partner with the Business Unit Leadership team to find and execute needed corrective actions.
• Assess and quantify risks and opportunities, and partner with cross-functional teams to implement plans to mitigate risks and capitalize on opportunities.

Operational Management

• Influence and drive the financial agenda as part of the Business Unit's Leadership team.  
• Be a thought leader, financial advisor, and business partner to the Business Unit VP/GM, Business Unit’s Operations, Sales, and Marketing teams.  Ensure Business Unit operations are delivering expected profit goals/margins.
• Present Business Unit P&Ls Forecast and Outlook to the Business Unit Leadership and Corporate Finance teams.  Highlight critical issues to be addressed and the “story” behind the numbers.  
• Analyze and review weekly and monthly results, and, working closely with the Business Unit operational team, prepare action plans to resolve financial issues.
• Assist in implementing new Management Reporting P&L, Sales/Invoicing, and General Ledger system(s).  
• Be a driving force for continuous improvement in account profitability through raising financial awareness and financial competence of the operations team at the Business Unit.

Team Management & Development

• Demonstrated ability to effectively manage, support, and develop direct reports to achieve individual and team goals.
• Proficient in setting clear expectations, providing regular and constructive feedback, and conducting formal performance reviews.
• Strong capability to assess individual and team strengths, identify skill gaps, and align talent with business priorities.
• Experience reorganizing team structures to improve efficiency, collaboration, and performance in response to evolving business needs.

 

Qualifications:

• 10+ years of progressive hands-on accounting and financial managerial experience required, preferably in the Foodservice, Hotel, or Hospitality industries.
• A four-year Bachelor’s degree in accounting, finance, or business/economics is required. CPA or MBA is preferrable.
• Possesses solid technical foundation in accounting with a thorough knowledge of GAAP financial principles.
• Recognized as a strategic partner and team leader, skilled in boosting efficiency, building strong teams, and enhancing profitability.
• Team player and strong communicative leader who can work across a fast-paced organization. Must form and maintain best-in-class relationships with business partners.

 

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