Senior Director of Finance
Company: CorePower Yoga, LLC
Location: Denver
Posted on: September 20, 2023
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Job Description:
Thursday, July 20, 2023 OUR PEOPLE POWER OUR PURPOSE Join our
team and ignite your intention to make a difference. Together,
we'll create an experience powerful enough to transform lives,
including your own. Discover what happens when physical meets
mindful. We are fiercely committed to our core values of empowering
everyone, practicing gratitude, building community, growing forward
and laughing together. We embrace our differences and foster an
inclusive space where everyone can reach their full potential. We
uplift, inspire and guide one another. We make time to share the
power of yoga together, celebrate milestones and find joy in the
present moment. ROLE SUMMARY The Senior Director of Finance will be
responsible for cross-functional financial leadership to nimbly
navigate the current business environment by driving revenue and
managing expenses. This position will lead all Financial Planning &
Analysis (FP&A) for CPY, including owning all aspects of the
annual budget process including studio level budgeting + corporate
G&A budgeting + roll-up, monthly reporting, reforecasting as
needed, rolling forecast updates, as well as, banking covenants and
compliance, Board materials and other ad-hoc reporting needs.
Detailed financial analysis and preparing financial presentations
will be a key aspect of this role. This position reports to the
Chief Financial Officer and works closely with the Corporate
Controller and other Business Partners. This individual will
exhibit the Company's Core Values of Empower Everyone, Practice
Gratitude, Build Community, Grow Forward & Laugh Together.
ESSENTIAL JOB DUTIES The Senior Director of Finance job duties
include, but are not limited to the following: Leadership: Develop
road map for the finance team as a tool to lead & support the
development of the team Provide leadership, coaching, and
development opportunities for the finance team Advance
business/financial acumen training to cross functional team members
to continue to grow and improve skillsets Lead Financial reporting
and presentation of key data to both support center teams and field
teams and external partners as necessary Collaborate
cross-functionally to deliver on Corepower company priorities
Budgeting/ Forecasting & Capital Planning: Lead the budget and
forecast process, including the development of timelines, and
definition of deliverables across the business Create monthly board
presentations specific to actual vs budget results. Focus on key
drivers and insights Work closely with accounting to understand
budget vs. actual variances in supporting the monthly financial
close Provide monthly support center and studio level actuals
compared to budget to business unit budget owners to support
accountability Educate budget owners on how to understand their
financial results Put into place an extended forecasting process to
support up to 3 years of forward looking data, including the
modeling of multiple growth strategies Create capital planning
process including identification of free cash flow, modeling
potential investment opportunities and business case review
Reporting & Analytics: Present financial analysis and insights that
are tailored to the audience (Operations, Development, Marketing,
Senior Leadership team, & Board) Communicate insights from
reporting in reviews with CFO and cross-functional teams Lead
efforts to manage studio level profitability through expense
management at different revenue levels Oversee data-driven approach
to generating insights to support decision making Manage the
distribution of daily, weekly and monthly reporting; supporting the
continuous improvement of the process over time Perform ad hoc
financial and non-financial modeling and analyses and provide
strategic insights and recommendations Support company priorities
with projects identified during full year and mid-year priority
setting. Banking/Treasury: Work closely with accounting on monthly
and quarterly bank reporting deliverables Oversee and develop
assumptions for the 5 year forecasting model for bank covenants
Manage banking requirements and liquidity management Work with
banks to leverage return on idle cash
EDUCATION, SKILLS & QUALIFICATIONS Bachelor's degree, preferably in
Business, Finance, Economics, or Accounting required; MBA preferred
10+ years of finance, accounting or experience, preferably in
multi-unit operating company. Ideal candidate will have experience
working within multi-unit operating companies and building and
owning cross-functional budgets, forecasting, financial analysis,
banking documentation, and dynamic modeling as well as knowledge of
accounting in accordance with GAAP including capitalization vs
expense requirements Familiarity with financial systems and tools,
such as Spreadsheet Server, SmartSheet, Tableau and Netsuite
Highest standards of accuracy and precision; highly organized and
detail oriented with an eye for visual formatting Highly-driven and
self-motivated including curiosity to learn & expand skillset.
Ambitious, and passionate leader that has a high level of emotional
intelligence and self-awareness and ability to work well with
others including team and cross-functional departments Demonstrated
cross-functional project management skills Creative thinker and
change maker that can identify opportunities and follow through on
implementing ideas BENEFITS Company offered Medical, Dental and
Vision plans Life insurance Disability insurance Employee
assistance program 401(k) Generous paid time off policies
Complimentary membership to CPY COMPENSATION Salary Range: $140,000
to $165,000 based on experience Bonus potential up to 20% WHO WE
ARE CorePower Yoga is sharing the transformative power of yoga with
every mind, everybody, everywhere. We are the nation's largest yoga
studio brand with over 200 locations across the country, digital
livestream and on-demand classes, and thousands of passionate yoga
teachers providing the opportunity for people to breathe, move and
sweat together - discovering the magic that happens when physical
meets mindful. We believe in the power of connecting with
community, making a difference, and the power that is yours from
the inside out. This job description is not necessarily an
exhaustive list of all responsibilities, skills, duties,
requirements, efforts, or working conditions associated with the
job. While this is intended to be an accurate reflection of the
current job, we reserve the right to revise the job or to require
that other or different tasks be performed. CorePower Yoga is an
equal opportunity employer of all qualified individuals, including
minorities, BIPOC, LGBTQ+, veterans & individuals with
disabilities. CorePower Yoga provides reasonable accommodation
and/or modification to disabled individuals to assist in the
application process. Any individual requiring
accommodation/modification to complete this application should
contact Human Resources at HumanResources@corepoweryoga.com .
Keywords: CorePower Yoga, LLC, Denver , Senior Director of Finance, Executive , Denver, Colorado
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