Director of Retail Finance

La-Z-Boy, Inc.•Monroe, MI

40d

About The Position

This position is the FP&A leader and business partner to the President of the Retail Division and owns the finance operations for the Retail Business, enabling delivery of current year objectives and long-term strategic goals. The Director drives financial leadership across the entire Retail portfolio - including company-owned stores, real estate operations, and the independent furniture gallery network - enabling delivery of current-year objectives and long-term strategic growth as part of the Century Vision Strategy. As a key member of the Retail Leadership Team and the La-Z-Boy F&A Leadership Team, this role provides thought leadership in shaping and executing innovative retail strategies, including new store formats, test-and-learn pilots, and omnichannel initiatives. The Director is a catalyst for transformation, embedding financial discipline, data-driven decision-making, and strategic foresight into all aspects of the Retail Division's operations.

Requirements

Bachelor's degree in Finance, Accounting, Business, or related field with 10+ years of relevant experience or equivalent
5+ years of supervisor/leadership experience or equivalent
Advanced FP&A experience in Retail, Consumer Products or Durable Products industries
Proficiency in GAAP and SOX internal control requirements
Excellent problem solving and organizational skills,
Strong Analytical and Business leadership skills
Travel Required: 20%

Nice To Haves

Responsibilities

Leads financial analyses of business operations, strategic choices, and all other investments, to deliver Division's short- and long-term goals and increase Shareholder Value. This would include (but not limited to); New Stores, Acquisitions, New Formats, optimization of floor space, Product portfolio, pricing strategy, and compensation analytics.
Leads the monthly forecasting and annual operating plan process for the retail business, which includes ownership of all forward-looking retail financial statements (P&L, Balance Sheet, Cash Flow). Leads C-Suite and Management reviews and materials of the Division's financial outlook and partners with Retail President on decisions to maximize results or mitigate challenges in delivering objectives.
Partner with management to ensure understanding of financial goals and performance against those goals by identifying and managing risks and opportunities as the fiscal year progresses. Takes initiative and accountability to elevate risk areas or opportunities and partner with team to drive actions to deliver against objectives.
Collaborates with accounting team on key variance analyses between forecast and actual results, strategic business changes, and other ad hoc analyses.
Enforces appropriate internal controls for area of responsibility, including SOX and other compliance measures for the Retail stores. This includes the oversight for the control environment for the Retail stores with respect to daily cash management, procedures related to fraud prevention, and inventory control in store locations and distribution centers.
Leads cash, inventory, and forecast internal controls compliance and process integration for Retail acquisitions, ensuring effective transition into the Retail segment. Oversight includes forecast integration, operational readiness, and alignment with enterprise policies and procedures.
Owns the capital expenditure planning and forecasting process for the Retail business, including financial modeling and investment analysis for store openings, conversions, and maintenance. Partners cross-functionally to ensure capital deployment supports strategic priorities and delivers attractive financial returns.
Partner with management to establish and implement goals and performance metrics to drive sales growth and profitability across existing and new independent furniture gallery partners. Ensure alignment and understanding of financial objectives and proactively monitor and manage risks and opportunities to optimize performance throughout the fiscal year.
Evaluations of monthly forecasts and financial reports for the independent furniture gallery network, focusing on sales and overall profitability. This includes performing financial analyses of key business metrics, assessing strategic options, and providing actionable recommendations to Sales and Business leadership to drive overall sales growth across the furniture gallery network.

Benefits

Medical, Vision, Dental and Basic Life Insurance available
401k retirement plan with company match of up to 6%
Paid time off includes: 9-11 paid holidays each year, two weeks' prorated vacation as a new hire and either personal time (non-exempt only) or state mandated sick time.

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