Vice President, FP&A and Treasury

Company:  Serta Simmons Bedding, LLC
Location: Doraville
Closing Date: 04/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

Vice President, FP&A and TreasuryReq ID: 5302Job Category: Accounting & FinanceLocation:Doraville, GA, US, 30360Be Part of the Future of Sleep!At Serta Simmons Bedding (SSB), we're more than a mattress company, we're a leading global sleep company with a mission to help people sleep better so they can live healthier lives. With a 150-year heritage in delivering industry-leading sleep solutions, we own iconic brands including Serta®, Beautyrest®, Simmons® and Tuft & Needle®.The Opportunity:In this role, you’ll have the unique opportunity to work closely with our CFO and CEO, directly influencing the direction and growth of our company. Join a dynamic, smaller organization where your impact is immediately felt, and enjoy a fast-paced environment where decisions are made and implemented quickly—something you won’t often find in larger companies!What You'll Do:The SVP, FP&A and Treasury is a key part of the CFO’s leadership team, providing financial insights to drive profitable growth and margin improvement. This role will partner with the finance leads across SSB to provide financial support for key focus areas of the business, create the long-term financial strategy, manage the annual budget, and quarterly forecasts.This role will lead a team to provide analysis for short-term and long-term decision making and will work across the Finance function to monitor results against budget and forecast and generate financial reports for both internal and external stakeholders, including the Senior Leadership Team and the Board of Directors.This role is also responsible for the Treasury strategy and its execution to drive generation of free cash flow and optimize net working capital.Financial Planning & Analysis:Lead the FP&A team and partner with the operational finance leads to develop and execute financial forecasts, budgets, and long-term strategic plans for the companyOversee the annual budgeting process and quarterly forecasting processes, ensuring alignment with company objectives and accurate financial projections.Prepare month end reporting packages, including commentary on results and lead discussions regarding corrective action items with key stakeholders.Analyze financial performance and variances, providing insights and strategic recommendations to senior management.Lead the FP&A team to prepare and present financial reports, dashboards, and KPIs to stakeholders, including the Board of Directors.Develop financial models and scenario analyses to support strategic decision-making.Treasury Management:Collaborate with senior management to align treasury strategies with business goals and strategic plans, playing a critical role in weekly cash forecasting, debt management, cash flow reporting, and debt compliance.Oversee cash flow management, ensuring adequate liquidity to meet operational and strategic needs while owning the weekly cash forecast to fund working capital needs, investment opportunities, and stress events.Develop and implement cash flow forecasting models and robust monthly cash forecasting/3-statement model methodology as part of quarterly forecast processes.Develop and manage relationships with banks, financial institutions, and investors, serving as a corporate liaison to lenders and banks.Optimize the company’s capital structure and manage debt and equity financing activities, helping drive capital allocation decisions for the organization, including leading any refinancing/capital raise activities.Monitor and manage debt covenants, ensuring compliance with financial agreements, and preparing monthly debt compliance reports while tracking investment capacity and other related credit agreement baskets.Identify, assess, and manage financial risks, including interest rate, foreign exchange, and commodity price risks, implementing and managing hedging strategies to mitigate financial risks.Administer and manage treasury processes, systems, bank connectivity and controls, recommending and leading automation and other process improvement efforts.Implement best practices and innovative solutions to enhance treasury operations, working collaboratively with Accounts Payable.Present updates to management and understanding the cash and revenue impact of changes to new project economics and schedules.Strategic Financial Leadership:Collaborate with senior leadership to align financial strategies with business goals.Lead and mentor the FP&A and Treasury teams, fostering a culture of high performance and professional growth.Partner with the CFO and CEO to identify key business indicators that enable timely, accurate decision makingDrive continuous improvement in financial processes, systems, and reporting tools.What You'll Need:Bachelor’s degree in Finance, Accounting, Business Administration, or a related field; MBA or relevant advanced degree preferred.Professional certifications such as CFA, CPA, or CTP are highly desirable.Minimum of 10-15 years of experience in FP&A, Treasury, or a related financial management role, with at least 5+ years in a leadership capacity.Strong knowledge of financial modeling, budgeting, forecasting, and financial reporting.Proven experience in treasury management, including cash flow forecasting, debt management, and risk management.Familiarity with credit agreements and related terms and conditions.Excellent analytical, strategic thinking, and problem-solving skills.Outstanding communication and presentation skills, with the ability to interact effectively with senior management and stakeholders.Proven ability to influence business performance with analytical insights and strategic recommendationsDemonstrated leadership abilities, with a track record of building and leading high-performing teams.Hands-on ability to create detailed analysis from source data and deliver high quality financial modeling outputs.Job Factors/Work Environments:This is a hybrid role that will require you to be on-site at our corporate headquarters in Doraville, GA Tuesday, Wednesday & Thursday.We are only considering local candidates. There is no relocation available.We will not accept applicant or inquiries from third-party suppliersWhy work at Serta Simmons Bedding?When you join SSB, you become part of a winning and diverse team that is excited and committed to helping people get better sleep. We provide inspiring career opportunities, competitive benefits, employee perks, and the chance to be part of the future of sleep.Benefits and Perks (USA, Salary non-union- optional):Health, Dental, and Vision (starts on day one)Annual employee contribution to HSA401K with company matchPaid Time Off / Vacation12 company holidaysSick daysCompany paid short- and long-term disabilityPaid parental leaveDiscount programs including Friends and family discountsReferral BonusTuition ReimbursementEmployees are required to comply with COVID policies established by a vendor or customer.It is our policy to abide by all federal, state, and local laws prohibiting employment discrimination, with respect to all terms and conditions of employment, based solely on a person’s race, color, religious creed/religion, sex (including sexual orientation, or gender identity), pregnancy, childbirth or other related medical conditions, national origin, ancestry, citizenship status, disability, age, military status, or status as a Vietnam-era or special disabled veteran, marital status, registered domestic partner or civil union status, gender (including sex stereotyping or expression), genetic information (including family medical history), or any other protected status except where a reasonable, bona fide occupational qualification exists.SSB will provide reasonable accommodations to applicants and employees who need them, as required by law.The hiring salary range for this position applies to where legally required, and most other geographies. Starting pay for the successful applicant depends on a variety of job-related factors, including but not limited to geographic location, market demands, experience, training, and education. The benefits available for this position include medical, dental, vision, 401(k) plan, life insurance coverage, disability benefits, tuition assistance program and PTO or, if applicable, as otherwise dictated by the appropriate Collective Bargaining Agreement.Nearest Major Market: Atlanta

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