Head of Finance Operations
Description
Position Overview
The Head of Finance Operations will serve as a key strategic partner and "right-hand" to the Chief Financial Officer, facilitating the efficient operation of the Finance strategy, transformation and supporting leadership in achieving strategic goals. This role requires a highly organized, proactive, and versatile individual with a strong understanding of the business and customers (internal & external), excellent communication skills, and the ability to manage multiple priorities simultaneously. The Head of Finance Operations acts as a liaison between the Chief Financial Officer, the Finance leadership team and overall Finance teams, and other parts of the organization and influences stakeholders to facilitate decision-making based on established objectives and priorities. This role is a problem solver who will create and lead day-to-day governance approach, project management and coordination across all aspects of TAIT’s finance organization.
Key Responsibilities:
- Strategic Support:
- Assist the Chief Financial Officer in the development and execution of Finance strategies, ensuring alignment with overall company objectives.
- Help in defining and prioritizing Finance initiatives, and monitoring progress against strategic goals.
- Assist Finance Leadership team in identifying talent or resource gaps necessary to support strategy.
- Provide research and analysis to inform strategic decisions and identify new opportunities to reduce complexity.
- Operational Management:
- Facilitate all aspects of time management, prioritization, and preparation of finance action items and agenda including post-meeting follow-ups.
- Coordinate with various teams and stakeholders to ensure smooth and timely execution of projects and initiatives.
- Oversee the preparation of reports, presentations, and other communications as needed
- Track key performance indicators (KPIs) and provide regular updates to the Chief Financial Officer and the Finance Leadership Team.
- Process Management:
- Analyze current financial processes and identify areas for improvement.
- Develop and implement streamlined processes to enhance efficiency and accuracy.
- Establish and maintain process documentation and ensure adherence to established procedures.
- Foster a culture of continuous improvement within the finance team.
- Communication and Coordination:
- Facilitate clear and consistent communication between the Chief Financial Officer and Finance teams, ensuring alignment and collaboration.
- Prepare meeting agendas, manage logistics, and ensure effective follow-up on action items across the business.
- Serve as liaison for collaboration with enablers, capabilities and market teams.
- Project Management:
- Provide exceptional project management for functional and cross-functional teams assigned by the Chief Financial Officer. Organize and prepare materials and presentations for internal and external meetings.
- When needed, plan and influence resources and ensure that teams are aligned and working effectively.
- Problem-Solving and Decision-Making:
- Proactively manage changes in project scope, identifies and manages project risks and escalate as needed for resolution. Provide solution recommendations.
- Assist in decision-making processes by providing relevant data, analysis, and recommendations.
- Anticipate the needs of the Chief Financial Officer and Finance Leadership Team and proactively address them.
- Relationship Management:
- Build and maintain strong relationships with key stakeholders across the organization and external partners.
- Represent the Chief Financial Officer in internal and external meetings, as needed.
- Finance Understanding:
- Maintain a strong understanding of KPI’s, project financials and cash flow from projects and overall financial statements.
- Support the Chief Financial Officer in identifying opportunities to improve internal and external reporting of financial results.
6-Month Outcomes:
- Alignment of Finance Team goals to overall Company goals. Increase capacity and performance of Finance leadership to become more efficient and agile in decision making.
- Support the reorganization of the Finance structure to support the new organization model.
- Develop project plans, set milestones and manage project timelines and budgets for Finance initiatives including:
- Accounting Methodology implementation
- Consistent Consolidated Project Financials database to support Market Revenue & Margin reporting for new organization model.
- Support process to break out cost of sales between materials, contingent labor, outsourced spend and overhead.
- Support the project to simplify the legal organization structure to remove complexity in the financial reporting and intercompany transactions.
- Support development of financial education curriculum to teach basic understanding of the P&L and the gross margin methodology. Develop the process for how we communicate changes within Finance and to the rest of the organization.
- Support revision of the internal and external financial reporting packages including but not limited to:
- Lender & Rating Agency reporting.
- Monthly Financial Report shared with GEC, ELT, OLT and Board of Directors.
- Support Finance leadership team in development of standard policies and procedures. Begin development of “Finance Policies & Procedures Manual” to support alignment across all Markets and Capabilities and to provide support for M&A integration.
- Provide support with M&A diligence and integration as needed.
Qualifications & Skills:
- Education:
- Minimum HS diploma or GED;
- a Bachelor’s degree in business administration, finance, project management, or a related field is preferred.
- Advanced degrees or certifications (e.g., MBA, PMP, Six Sigma) are a plus.
- Experience:
- Minimum of 7+ years of experience in strategy, business operations, finance roles, project management, business operations, or a related role.
- Experience in a live entertainment industry or a similar market is a plus.
What makes you a strong fit:
- You tackle complex, unstructured problems, aiming to grasp the core issue at hand.
- You enjoy balancing strategic planning with operational tasks, finding energy in aligning processes and details with overarching goals.
- You have a strong understanding of the link between project financials and the P&L.
- You have familiarity with financial statements, KPI’s and financial forecasting.
- You have an understanding of credit facilities to support compliance and treasury functions.
- You excel at fostering collaboration among team leaders who have diverse working styles and objectives.
- Naturally curious, you possess a keen attention to detail, ensuring your work is accurate and of high quality.
- You are diligent in following up and holding team members accountable for meeting deadlines.
- You bring strong project management skills to the table, consistently delivering projects on time while staying within budget and meeting objectives.
- You are a fast learner, continuously expanding your knowledge of entertainment industry trends and requirements.
- You welcome direct feedback, readily implementing it, and consistently provide constructive, timely feedback to your peers, stakeholders, and people leader.
- You thrive in fast-paced, dynamic environments, effectively managing multiple priorities while adapting to changing business needs.
- You have a customer-centric mindset, prioritizing customer satisfaction by understanding their needs and delivering tailored solutions.
- You mentor and develop team members, fostering a culture of continuous learning and professional growth.
- You are proficient with technology, and are eager to incorporate current and emerging AI capabilities into your workflow.
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