Director of FP&A & Business Partnering

Soho House & Co

16d ago

Job
Full-time
Expert Level
Business, Operations & Strategy
Banking & Finance
New York
Quick Apply

AI generated summary

You need 15+ years in FP&A, strong leadership, communication skills, and hospitality experience. An MBA is preferred. Must excel in a fast-paced environment and travel 10%.
You will lead FP&A, oversee budgeting and forecasting, enhance financial processes, collaborate with leaders, manage a team, and drive data-driven insights for operational efficiency.

Requirements

15+ years of relevant experience in FP&A, financial forecasting, modeling, business partnering, strategic planning, and financial analysis experience in a multi-location, multiple revenue stream, complex organization with progressively greater leadership responsibility.
An undergraduate degree in accounting, finance, business, or equivalent is required. MBA or other advanced finance degree (or equivalent) strongly preferred.
Demonstrated proficiency communicating verbally and in writing both within the corporation and externally. Able to flex communication style and information communicated to the audience. Has executive presence.
Experience in hospitality is preferred. Experience in a public company is preferred but not required.
Advanced leadership and management skills with a proven ability to motivate and develop others, resolve conflict, prioritize competing demands, and manage time.
Strong interpersonal skills including demonstrated ability create and maintain collaborative professional relationships and establish trust/credibility.
Proven track-record of delivering tangible financial results through business partnership/advice/support.
Ability to work in a fast-paced environment and handle multiple tasks concurrently. Hands-on leader who is willing to get into the details and perform complex analysis as needed.
Demonstrate work ethic, energy, and capacity, consistently perform and lead in a dynamic, challenging, demanding business environment. Proactive, responsive, and readily available to “get the job” done.
Available to travel throughout the Americas, ~ 10% travel.
Strong return on investment and cash flow analysis skills.
Strong project and process management skills.
Expert proficiency with Microsoft Office Suite (i.e. Excel, Word, and PowerPoint). Extensive experience preparing presentations and reports for an executive audience.
Must be able to seize, grasp, turn and hold objects with hands.
Must be able to work on your feet for at least 8 hours.
Fast paced movements are required to go from one part of the club to others.
Must be able to move, pull, carry, or lift at least 40 pounds.
Occasionally kneel, bend, crouch and climb as required.

Responsibilities

Lead the Financial Planning and Analysis & Business Partnering team. Strategize and drive execution for ongoing processes including 5-year planning, budgeting, and forecasting, management performance & KPI reporting/dashboards, operational and financial analysis, business case development for initiatives, hindsight reviews, review & evaluation of business development models for future growth, and pre-opening budgets. Train and build business partnering skills of the FP&A team, which includes training and building financial acumen of general managers/operators and building simplified financial tools to support the business in managing costs in line with revenues. Establish consistent business partnering practices across the region.
Develop, implement, and maintain strong and robust systems and processes to support financial planning & analysis activities. Identify and implement improvements to the existing models, reports & processes to ensure they are robust, accurate, simplified, value-added and scalable for future growth. Ensuring all assumptions, inputs, and KPIs are clearly documented and establishing a regular process for reviewing all reports, inputs, and assumptions with key cross functional business partners. Where necessary build simple input sheets for business partners providing key inputs. Monitor data accuracy and drive continuous improvement. Consolidate and streamline reports where needed and ensure data is accompanied by insights.
Appropriately challenge current standards and redefine how work is performed by the team. Standardize and automate processes/reporting, expedite workflows, and develop FP&A and business partnering policies and procedures. Ensure team hits deadlines.
Work with Corporate Controller, Americas on shifting accounting/accrual responsibilities from FP&A/business partnering to accounting.
Drive operating efficiencies through prudent expense management across the Region and sites. Proactively develop initiatives with the operators/FP&A managers & work with head of procurement to lower costs while maintaining the highest standards of quality and without compromising member experience. Create key performance indicators and benchmarking reporting.
Continually partner and collaborate with, while effectively challenging, senior leaders within finance and cross functional business leaders to achieve strong results.
Recruit, hire, manage, develop, and mentor a best-in-class financial planning & analysis & business partnering team that is focused on providing the best member experience, improving operational efficiency, and delivering more profitable results. Develop the team to have a deeper understanding of the day-to-day site operations so they can constructively challenge, review, and support operators in improving results. Strong focus on flawless execution, building relationships across the business/functions globally and developing team/internal succession.
Oversees financial analysis and preparation of 5-year plan, budgets, forecasts, and consolidated financial statements. Integrate into cash flow forecasting model & build out balance sheet budgets/projections.
Directs the analysis of financial data to identify opportunities for improving financial performance. Trains the FP&A managers to do the same for their respective sites.
Develops annual and long-range business plans as required.
Collaborates with senior management in finance, operations, business development and executives, to develop strategic plans and frequent risk & opportunity analysis.
Develop monthly/quarterly/annual commercial results review packages. Prepare financial presentations/analysis on request of CFO, Americas.
Represents the Finance department in reviewing/modelling proposed business development activity, entry into new markets/businesses or business model changes.
Increase value-add of finance roles through commitment to continuous improvement of business financial results, processes, controls & efficiency. Provide meaningful input into review and evaluation of business results, past or proposed investments and business development models.
Leverage data-driven business analytics to improve financial performance (for example: revenue growth, labor optimization).
Use data visualization and other tools to translate data into management information and presentations for decision making.
Supports monthly budget/forecast variance analysis and financial close process activities.
Support CFO Americas or COO on ad-hoc projects/analysis.

FAQs

What type of experience is required for the Director of FP&A & Business Partnering role?

The role requires 15+ years of relevant experience in FP&A, financial forecasting, modeling, business partnering, strategic planning, and financial analysis in a complex organization.

Is an advanced degree preferred for this position?

Yes, an MBA or other advanced finance degree (or equivalent) is strongly preferred.

What are the main responsibilities of this role?

The main responsibilities include leading the FP&A & Business Partnering team, developing financial planning processes, driving operating efficiencies, collaborating with senior management, and overseeing financial analysis and preparation of budgets and forecasts.

Is experience in the hospitality industry preferred?

Yes, experience in hospitality is preferred, along with experience in a public company, though the latter is not required.

What kind of skills are necessary for this position?

Skills required include advanced leadership and management skills, strong interpersonal skills, project and process management skills, and expert proficiency with Microsoft Office Suite.

Will this role require travel?

Yes, the position will require approximately 10% travel throughout the Americas.

What benefits does Soho House offer for this position?

Soho House offers competitive compensation packages, health care benefits, 401k with a match, paid time off, career development opportunities, learning and development programs, and team events.

What is the salary range for this position?

The salary range for this role is $250,000—$275,000 USD, based on experience and other factors.

How does Soho House support employee development?

Soho House supports employee development through extensive training programs, career progression opportunities domestically or internationally, and various learning and development courses available to all employees.

What is the role's reporting structure?

This role reports into the CFO, Americas.

Soho House & Co

Soho House is a place for our diverse membership to connect, grow, have fun, and make an impact.

Travel & Leisure

Industry

5001-10,000

Employees

1995

Founded Year

Mission & Purpose

Soho House is a company that operates private members' clubs, hotels, and restaurants in various cities around the world. They provide exclusive spaces and services for individuals in creative industries, offering a blend of social, work, and leisure environments. Soho House's ultimate goal is to create inviting and inspiring spaces where like-minded individuals can connect, collaborate, and unwind. Their purpose revolves around fostering a community of creatives, entrepreneurs, and professionals, providing them with a supportive network and a vibrant setting to socialise, work, and relax. Through their distinctive venues and services, Soho House aims to facilitate collaboration, nurture creativity, and enhance the well-being of their members.