Tailored Brands is a leading omnichannel specialty retailer of menswear, including suits, formalwear and a broad selection of business casual offerings. The company aims to help its customers love the way they look and feel for their most important moments by delivering personalized products and services through a convenient network of stores and e-commerce sites. The company’s brands include Men’s Wearhouse, Jos. A. Bank, Moores and K&G Fashion. At Tailored Brands, we value differences and know they make us better. We are always working to make our Company a more diverse, equitable and inclusive (DEI) place to work.
About the Job
Reporting to the Chief Financial Officer, the Senior Vice President FP&A is a strategic business partner who provides value-added financial insight. The SVP FP&A’s work-product directly informs key strategic decisions, continuous improvement, and core business operations for a broad group of Tailored Brands stakeholders. The SVP FP&A must go beyond identifying variances from sequential and forecasted financial results; the SVP FP&A will isolate core performance drivers and recommend value- creating or corrective actions. The SVP FP&A will regularly communicate these insights with the CFO, CEO, EC members, and the Board of Directors.
As such, this role requires a seasoned and hands-on FP&A leader who can develop relationships and extract insights from throughout the Tailored Brands organization, particularly with C-suite executives. Lead and develop a team of FP&A professionals, and roll up his/her sleeves and dive directly into the data/systems/models/etc. Additionally, the SVP FP&A will drive a cohesive and consistent approach to FP&A and Operational Finance across the Tailored Brands organization.
What You’ll Do | Key Accountabilities
- Consistently delivers value-added FP&A and Operational Finance work product and insights such that the CEO, CFO, and all business leaders view the SVP FP&A as a strategic partner and expert on financial matters.
- Develops and implements robust procedures that create accurate, timely, relevant, and insightful financial statements, measurements, forecasts, budgets, plans, and business analysis leveraging data analytics.
- Works with the CFO on complex transactions i.e. corporate finance, debt financing and related special projects.
- Oversees the monthly management financial reporting package including key financial metrics and performance indicators. Designs and creates actionable presentations that effectively communicate key financial and operational messages. Understands the drivers of and importance of both the content being presented as well as the way it is visually shown (including creating/contributing to materials for the CFO, CEO and Board of Directors and external constituents.
- Provides meaningful variance analysis comparing financial results with all relevant comparison points. Provides business narrative to bring the figures to life and drive action.
- Leverages financial expertise and robust business acumen to provide comprehensive decision support. Actively contributes to the creation of strategic and tactical plans. Provides financial modeling to drive an understanding of the short and long-term financial (P&L, Balance Sheet and Cash Flow) implications for significant business decisions and/or investments. Challenges the assumptions made by the business/operations leaders.
- Creates actionable management reporting and dynamic dashboards to drive a deep understanding of financial and operational performance, using key performance indicators (KPIs). Translates metrics into financial impact to help business/operational leaders prioritize business issues.
- Leads and presents the recurring forecasting process, driving insights into forward-looking performance, including alternate scenarios and contingency plans.
- Innovates business analytics, to identify and execute new ways to create true business insights. Constantly identifies new ways to align data with business knowledge and deliver incremental value. Is the BI “champion” focused on driving engagement and value through business leaders.
- Fully leverages available technology and drives the organization to embrace new technologies as they become relevant (i.e., advanced analytics, data visualization, process automation, data warehousing, etc.).
- Demonstrates clear passion and drive to support rapidly growing business which requires insightful analysis to support data-based decision-making.
- Actively identifies ways to eliminate non-value work and leverages automation whenever possible.
- Manages and/or assists with special projects on group-wide initiatives, process simplification as requested.
- Supports all acquisition activity, including due diligence and post-merger integration.
- Builds cross-functional relationships and act as a thought partner with Merchandising, Marketing, Stores, Ecomm, Analytics, Technology, Finance, Supply Chain and Operations.
- Leads, develops and inspires a high performing team of leaders and individual contributors.
What You’ll Bring | Skills & Experience
- At least 15 years of total business experience with a minimum of 10 years FP&A specific experience with strong knowledge and solid understanding of financial accounting, modeling, and analysis. Candidate will have significant experience working in retail ideally with specialty stores. Private equity experience preferred, IPO experience a plus.
- Direct management of the FP&A and/or Operational Finance functions with demonstrated experience handling complex modeling and analysis and accomplishments driving continuous improvements.
- Proven experience being a change agent in implementing company-wide technology and process change within the FP&A function. Previous experience acting as a champion for the implementation of a new business intelligence (BI) capability focused on driving engagement and value through business leaders.
- High aptitude and enthusiasm for complex problem-solving, utilizing financial modeling and analysis, including advanced Excel skills managing large data sets, ERP experience, and best-in-class FP&A systems including Adaptive Insights and others.
- Significant experience partnering with leaders across the organization; helping them all to both understand and drive business performance.
Ideal Candidate: The successful candidate must bring a high level of ethical, intellectual, professional, and personal values, including:
- Highly motivated by an opportunity to rapidly grow a market-leading business. A strategic thinker regarding competitive strategy, business models and financial management.
- Demonstrates ability to work collaboratively with the CFO and Executive Leadership Team to achieve company business plan and goals. Assertive in style, but respectful of others, and skilled in navigating competing organizational priorities and agendas. Team-oriented with the ability to develop and lead a team and coach others and earn the respect of other team members.
- Executive presence with demonstrated ability to lead change and drive execution. Possess exceptional interpersonal and communication skills needed to effectively share and engage internal stakeholders and clinical areas with the most relevant data. Must contribute and thrive in a dynamic fast-paced environment.
- High energy, self-motivated, and hands-on management style working with all levels of the organization to drive performance and continuous improvement using an analytic and metrics-based approach.
- Ability to run today and create tomorrow balancing strategy development & driving execution.
Education: Bachelor’s degree required from an accredited college or university, preferably in finance; MBA
preferred but not required.
Work Environment, Physical & Mental Demands
- Ability to sit and work at a computer keyboard for extended periods of time.
- Must utilize visual acuity, speech and hearing, hand and eye coordination and manual dexterity necessary to operate a computer and office equipment.
- Hours regularly 40 hours per week, as work dictates, from a remote or hybrid location near one of our corporate offices.
Benefits
This role is eligible for healthcare including medical, dental and vision, retirement savings (401k with a company match), income protection programs such as life, accident and disability insurance, paid time off for sick leave, vacation, bereavement, jury duty, and holidays, wellbeing program, commuter, adoption assistance, education assistance, legal services, and employee merchandise discounts. For more detailed information go to mytbtotalrewards.com.
Work-Life Balance
We understand the demands of work, school, family, and personal responsibilities. Through our work-life resources and programs we offer services for every stage of life to help you manage the day-to-day needs. We offer programs such as:
- Meeting-Free Fridays (encouraged) | so you can catch up on work and self-development.
- Summer Fridays | from Memorial Day to Labor Day so you can enjoy a head-start to the weekend.
- Holiday Early Departure | close out early the business day before a company observed holiday.
The starting salary for this position is $246,700 -$329,000 and may increase to $411,200 depending on merit, length of service with the Company, and other factors. We take into consideration an individual’s skills, background, and experience in determining final salary. Other compensation may include a 40% Annual Incentive Plan (AIP) and Long Term Incentive (LTI) bonus paid out according to policy. Base pay information is based on market location and may be subject to prevailing wage laws, if applicable.
Note: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required and are not intended to be an exhaustive list of all duties, responsibilities or qualifications associated with this job.
Work Locations: 01099F Finance Dept. 6380 Rogerdale Rd Houston 77072
Job: Finance & Accounting
Organization: Tailored Shared Services
Shift: Day Job
