VICE PRESIDENT, ASSISTANT TREASURER (HYBRID-CHARLOTTE, NC)

Compass Group•Charlotte, NC

1d•Hybrid

About The Position

Compass Group USA is the leading foodservice and support services company, known for its great people, great service, and great results. With over 284,000 US associates, Compass Group operates in award-winning restaurants, corporate cafes, hospitals, schools, arenas, museums, and more across all 50 states. The company is committed to developing and attracting expertise to shape the industry and create new opportunities for innovation. This position is for a VP in the Treasury Department at Compass Group's North America headquarters in Charlotte, NC. The role focuses on supporting enterprise-wide business initiatives by analyzing working capital, with a primary emphasis on improving cash flow in Accounts Receivable (A/R), Accounts Payable (A/P), Inventory, and Capital Expenditures. A successful candidate will be an analytical and creative thinker with strong systems and communication skills.

Requirements

Bachelor’s Degree in Finance or Accounting
12+ years of accounting/finance/budgeting experience in a large organization
Management experience
Experience preparing and/or analyzing cash flows
Understanding of working capital and how it impacts the organization
Proficient in Microsoft Excel, PowerBI, SAP, and Hyperion (HFM and/or Essbase)
Analytical and Problem-Solving Skills – Demonstrates fluidity to shift between the big picture and details
Accountability – Ability to work independently; prioritize and manage multiple projects in a deadline driven environment
Effective and Engaging Communicator - Ability to frame out complex scenarios in an easy-to-understand manner; ability to effectively communicate with associates at all levels of the organization
Entrepreneurial spirit - Proactive; self-motivated; inquisitive; persistent and not easily discouraged
Critical Thinker – Ability to challenge the norm and offer healthy skepticism, imagination, and thinking outside the box
Detail-oriented - Ability to pay close attention and notice minor details to catch mistakes or changes before they become a bigger problem

Nice To Haves

MBA preferred

Responsibilities

Review monthly working capital reports for distribution to sector and corporate management (e.g. DSO scorecards, Major Debtors, Inventory Days)
Review monthly analyses and forecasts of A/R, A/P, Inventory, and Deferred Income with explanations for variances to prior year, previous forecast, and budget
Review overall North America working capital results, forecasts, and budgets for reasonableness and prepare high-level summaries for senior management
Lead in working with Financial Planning and Sector CFO’s in planning and funding large capital expenditures
Work with Sector Finance to understand recent trends, identify cash flow opportunities, and improve reporting
Propose and monitor sector working capital targets
Oversee conversion of Excel reports to interactive dashboards using PowerBI
Develop analyses and reports to identify opportunities to improve DSO (Days Sales Outstanding) and DPO (Days Payable Outstanding) and work with other departments to implement changes
Represent Treasury in Data Strategies and S4 Continuous Improvement projects and development
Review the weekly cash forecast and lead P6 and P12 cash tracking and cash flow flash process
Oversight of Treasury balance sheet and controls
Provide guidance and oversight of the Treasury Strategies and Healthcare Treasury teams including review of the daily cash position and coordination of bank accounts and services
Participate in the analysis of efficiency and effectiveness of current departmental processes and procedures, and implement identified improvements
UK Group Parent lead in managing cash flow positioning and funding needs
Assist in managing banking relationships and develop best practices across Treasury
Special projects as requested for sector finance and senior management
Supervise two Senior Managers