Director FP&A and Treasury

Company: Heffins
Location: Walnut Creek
Posted on: March 14, 2023

Job Description:

The Director FP&A and Treasury will work closely with Heffernan Group, and all affiliated entities, across the US and UK to perform financial analysis, design, and prepare financial plans and budgets, and analyze, interpret, and communicate financial information to management. This role is responsible for budgeting, management reporting, definition and monitoring of key metrics, sales and operational analysis, and the programs, systems, and policies that support them. This role will also be responsible for the determination of cash requirements, cash concentration, short-term cash investments and maintenance of appropriate cash flow. This role will establish short-term borrowing needs and recommend short-term investing initiatives. This role will also prepare and analyze department reports, financial accounting records, cash flow analysis, credit agreement compliance and projections.Responsibilities Include:The Director of FP&A and Treasury will be responsible for creating and formalizing the role of FP&A and Treasury for Heffernan Group.FP&A Responsibilities:

• Partner with branch managers and business leaders to drive strategic initiatives influencing business decisions and by providing proactive recommendations, backed by strong business and financial analysis.
• Deliver monthly/quarterly analyses of financial results including BvA variances to plan, ensuring key issues, risks and business drivers are understood and proactively highlighted.
• Drive improvements in reporting, analytics, and dashboards to support business leadership decision making and implement best practices related to various ad hoc analyses; partner with data team on Tableau buildout.
• Lead Build and maintain full year budgets and quarterly forecasts; support the company-wide annual and long-range planning processes.
• Partner with Accounting on monthly close activities such as headcount, customer, and vendor trend reviews; support commissions calculations and reporting, analytics and support annual comp plan design.
• Monthly and quarterly financial packages: strategic analysis of financial and operating performance including trends, business drivers, and variance analysis.
• Develop and continually improve sales and customer metrics .
• Participate in ERP implementation to identify improved reporting and implement best practices.
• Drive ad-hoc projects and analysis to support the company's long-term growth.
• Preparation of the Board materials. Treasury Responsibilities:
  • Develop, implement, and maintain bank account structures.
  • Evaluate, develop, and recommend fiscal policies.
  • Responsible for liquidity management of all entities.
  • Continually optimize company's investment portfolio.
  • Develop and prepare cash forecast.
  • Manage all relationships with financial institutions supporting company's cash management operations.
  • Ensure adequate liquidity for working capital needs and invest short-term excess cash; manage inter-company cash including inter-company lending, dividends, and capital injections.Requirements:
    • Bachelor's degree preferred in Business, Finance, Economics, or equivalent area.
    • CPA strongly preferred.
    • Minimum three years' experience in managing a team.
    • Minimum eight years' experience in Investment Banking, Private Equity or FP&A at a High Growth Startup or Public Company.
    • Experience in creating, transforming, and building a FP&A/Treasury Department.
    • Ability to create a vision and strategy for the new department.
    • Strong understanding and substantial knowledge of complex financial modeling, GAAP accounting, and FP&A and Treasury best practices.
    • Knowledge of cash management principles.
    • Knowledge of banking systems and processes.
    • Must be organized and detail oriented.
    • Must be able to work in situations with shifting priorities, tight deadlines, and able to thrive in a fast-paced environment.
    • Highly motivated, curious, hard-working team player with a positive attitude is required.
    • Must have effective communication skills, with an ability to distill and articulate complex data to drive business decisions. Experience presenting analyses to management and an ability to lead and drive initiatives preferred.
    • Must have advanced knowledge of MS Office platform - notably Excel.
    • Experience with NetSuite, Financial Planning tools, and Analytics tools (Looker, Tableau, SQL, etc.) a plus.
    • A self-starter with outstanding analytical, problem-solving, and organization skills.
    • Must be able to work independently and collaborate with team members.
    • Must embody the Heffernan Habits as illustrated herein.Compensation:The salary range for this position is $170,000 to $230,000. The offer will depend on the geographic region, job-related knowledge, skills, and experience, among other factors. This role may also be eligible to participate in a discretionary annual incentive program. Heffernan offers a comprehensive benefits package; more details on which can be found at https://www.heffins.com/about-us/careers .Heffernan Habits (Expectations):These are practices that represent our unique employee culture.
      • Smooth The Path And Be Respectful - Being respectful of one another is critical to developing and maintaining strong relationships. We are in this together as a team.
      • Do Good - This is our core. We strive to do good for our clients, our company and our communities.
      • Know Your Clients And Foster Relationships - Take the time to listen and learn. Build, maintain, and enhance the connections you make every day.
      • Have Fun - Take the time to get to know your colleagues and let's have fun! If we are happy and connected, we all will do a better job for our clients.
      • Answer The Phone (And Email) - Be available and responsive to clients and colleagues.
      • Be Humble And Own It - We all make mistakes - what's important is that we take ownership for our mistakes and learn from them. Humility shows a willingness to learn and improve.
      • Celebrate And Value Our Differences - We strive to be non-traditional. We all come from different backgrounds. Be open. Listen to others stories and experiences. Make an effort to not only include, but connect. -Working Conditions:
        • Work environment may be indoors, sitting at a desk or standing for extended periods of time.
        • Daily use of computers, keyboard, mouse, headset, printers, and other commonly used office equipment.
        • This position will require flexibility to work hours outside of a regular schedule. Intermittent remote work is an option, however domestic travel regularly to branch offices, in addition to occasional conferences and events is necessary.

Keywords: Heffins, Walnut Creek , Director FP&A and Treasury, Accounting, Auditing , Walnut Creek, California