Ten Thousand Villages US
Position Summary:
The Director of Finance carries primary responsibility to plan, organize, lead and direct all financial and fiscal management aspects of Ten Thousand Villages' operations. The Director of Finance will provide strategic vision and leadership while ensuring coordination in the financial and business planning and reporting, accounting, budgeting and risk management efforts of the organization. This hybrid role is located in our Brownstown warehouse location and reports to the VP of Operations.
The Director of Finance participates in overall vision and policy decision making for Ten Thousand Villages. All responsibilities will be carried out with integrity, transparency, goodwill and contribute to company-wide sales growth. Profitability, revenue growth, and fiscal soundness are necessary to further the organization's mission through increased purchases from our artisan partners.
This position supports and contributes to the Ten Thousand Villages mission by:
Providing strategic direction and leadership to ensure that Ten Thousand Villages is financially efficient, responsible, and effective in its use of capital resources. If you are interested in applying, please send your resume to:
careers@tenthousandvillages.com Position Duties/Responsibilities: Organizational Leadership · Participate in strategic planning to establish and carry out organizational goals, policies, and procedures. · Participate in annual budget process and decision making related to the organization's strategic goals and priorities. · Adopt and exemplify Ten Thousand Villages values; encourage and recognize these values in colleagues throughout the organization. Departmental Leadership, Accountability and Communication · Plan, organize, lead, and direct all Finance and Accounting activities. · Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures. · Present financial results to the organization and the Board. · Network and collaborate with other department leaders to provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations. · Use knowledge of best practices, propose business solutions to existing challenges and opportunities. · Develop and track performance measures that support the organization's strategy. · Ensure all staff are trained in financial awareness and knowledge of fiscal management. · Supervise a small number of direct reports. · Hire, train, coach, develop, motivate direct reports and hold them accountable. Ecommerce and Wholesale Financial Management · Responsible for financial approach to sales operations including setting strategy, establishing sales and margin budgets in close collaboration with sales team, and approving all discount, promotion and pricing initiatives that impact margins. · Work closely with the Merchandising department to monitor inventory levels, future purchasing needs, and discount strategies. · Drive efficiencies throughout the operations of the organization using retail best practices. Finance and Administration · Create, coordinate, and evaluate the financial programs and support information systems of the company to include financial planning and analysis, budgeting, cash planning, alignment on real estate planning and conservation of assets. · Approve and coordinate changes and improvements in automated financial and management information systems for the company. · Develop, implement and oversee the process of creating annual operating and capital budgets. · Ensure the development and implementation of finance, accounting, billing and auditing procedures; establish and maintain appropriate internal control safeguards; and ensure records systems are maintained in accordance with generally accepted accounting principles. · Oversee the approval and processing of revenue, expenditure, and financial position documents, department budgets, general ledger, and accounting financial statements. · Coordinate the preparation of financial statements, financial reports, special analyses, and information reports. · Analyze cash flow, cost controls and expenses to guide departmental leaders. · Ensure compliance with local, state and federal financial and other corporate reporting requirements. · Assist in obtaining the necessary licenses and insurance required to maintain and safeguard operations and assets. · Perform additional duties/responsibilities as requested which contribute to the position's success and mission. Risk Management · Monitor risk management policies and procedures, including insurance coverage, to ensure that financial and organizational risks are managed responsibly. · Oversee the organization's compliance with all legal, charitable, and regulatory requirements. Preferred Experience/Knowledge/Education/Skills/Abilities: · M.B.A. or equivalent degree and/or experience in business, finance, accounting or related field. CPA designation preferred. · Minimum five to eight years of administrative experience in finance and accounting with financial analysis responsibilities required. · Five to eight years of management/supervisory experience required, with strategic focus and increasing responsibilities over employment history. · Demonstrated team leadership skills with excellent communication skills. · Demonstrated financial planning and analysis, budgeting, and project management skills. · Wisdom and sound judgment in making strategic decisions and in dealing with both internal and external stakeholders. · Experience with accounting platforms and information systems for mid-sized companies. · Experience within retail organizations preferred. · Experience developing and working with retail financial strategies and preferred models. · Microsoft Office experience, with proficiency in Excel, including financial modeling. · Experience in and understanding both for-profit and non-profit organizations preferred. Types of Interaction (internal): · Frequent interaction with supervised staff · All levels of the management team to develop fiscal plans, implement efficiency and operational effectiveness programs · Leadership Team · National Board of Directors Type of Interaction (external): · Vendors and service providers - negotiation · Bank personnel - negotiation · Landlords for leased property - negotiation · External auditors – determine nature, timing and scope of audit
careers@tenthousandvillages.com Position Duties/Responsibilities: Organizational Leadership · Participate in strategic planning to establish and carry out organizational goals, policies, and procedures. · Participate in annual budget process and decision making related to the organization's strategic goals and priorities. · Adopt and exemplify Ten Thousand Villages values; encourage and recognize these values in colleagues throughout the organization. Departmental Leadership, Accountability and Communication · Plan, organize, lead, and direct all Finance and Accounting activities. · Establish and implement short- and long-range departmental goals, objectives, policies, and operating procedures. · Present financial results to the organization and the Board. · Network and collaborate with other department leaders to provide consultative support to planning initiatives through financial and management information analyses, reports, and recommendations. · Use knowledge of best practices, propose business solutions to existing challenges and opportunities. · Develop and track performance measures that support the organization's strategy. · Ensure all staff are trained in financial awareness and knowledge of fiscal management. · Supervise a small number of direct reports. · Hire, train, coach, develop, motivate direct reports and hold them accountable. Ecommerce and Wholesale Financial Management · Responsible for financial approach to sales operations including setting strategy, establishing sales and margin budgets in close collaboration with sales team, and approving all discount, promotion and pricing initiatives that impact margins. · Work closely with the Merchandising department to monitor inventory levels, future purchasing needs, and discount strategies. · Drive efficiencies throughout the operations of the organization using retail best practices. Finance and Administration · Create, coordinate, and evaluate the financial programs and support information systems of the company to include financial planning and analysis, budgeting, cash planning, alignment on real estate planning and conservation of assets. · Approve and coordinate changes and improvements in automated financial and management information systems for the company. · Develop, implement and oversee the process of creating annual operating and capital budgets. · Ensure the development and implementation of finance, accounting, billing and auditing procedures; establish and maintain appropriate internal control safeguards; and ensure records systems are maintained in accordance with generally accepted accounting principles. · Oversee the approval and processing of revenue, expenditure, and financial position documents, department budgets, general ledger, and accounting financial statements. · Coordinate the preparation of financial statements, financial reports, special analyses, and information reports. · Analyze cash flow, cost controls and expenses to guide departmental leaders. · Ensure compliance with local, state and federal financial and other corporate reporting requirements. · Assist in obtaining the necessary licenses and insurance required to maintain and safeguard operations and assets. · Perform additional duties/responsibilities as requested which contribute to the position's success and mission. Risk Management · Monitor risk management policies and procedures, including insurance coverage, to ensure that financial and organizational risks are managed responsibly. · Oversee the organization's compliance with all legal, charitable, and regulatory requirements. Preferred Experience/Knowledge/Education/Skills/Abilities: · M.B.A. or equivalent degree and/or experience in business, finance, accounting or related field. CPA designation preferred. · Minimum five to eight years of administrative experience in finance and accounting with financial analysis responsibilities required. · Five to eight years of management/supervisory experience required, with strategic focus and increasing responsibilities over employment history. · Demonstrated team leadership skills with excellent communication skills. · Demonstrated financial planning and analysis, budgeting, and project management skills. · Wisdom and sound judgment in making strategic decisions and in dealing with both internal and external stakeholders. · Experience with accounting platforms and information systems for mid-sized companies. · Experience within retail organizations preferred. · Experience developing and working with retail financial strategies and preferred models. · Microsoft Office experience, with proficiency in Excel, including financial modeling. · Experience in and understanding both for-profit and non-profit organizations preferred. Types of Interaction (internal): · Frequent interaction with supervised staff · All levels of the management team to develop fiscal plans, implement efficiency and operational effectiveness programs · Leadership Team · National Board of Directors Type of Interaction (external): · Vendors and service providers - negotiation · Bank personnel - negotiation · Landlords for leased property - negotiation · External auditors – determine nature, timing and scope of audit