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Finance Manager
3 months ago
OVME made its debut in 2018, capturing the hearts of both women and men with its unique approach to cosmetic medicine. The inaugural studio in Atlanta, GA received an overwhelming response and quickly won a devoted following. Today, OVME boasts 20+ locations across the United States and is one of fastest-growing brands in the field of medical aesthetics.
Guided by our unwavering values of Memorable Experiences, Generosity, Trust, Thinking Differently, and Having Fun, we lead by example, fostering an environment that brings out the best in in each of us, every single day. We extend a warm invitation to you to join us in embracing the greatness within ourselves and redirecting our attention towards what truly matters—the greatest version of ME
Position Summary
The Finance Manager - Studio Operations will oversee and enhance the financial operations of our medical aesthetic studios, ensuring effective budgeting, financial reporting, and cost management. This role involves collaborating closely with regional managers and other stakeholders to optimize financial performance and support strategic store operations.
Reporting Relationship
The Finance Manager will report to the VP, Finance.
Key ResponsibilitiesBudgeting and Financial Planning:
- Develop and manage studio-level budgets and forecasts, aligning financial goals with operational strategies.
- Work with regional managers to gather and consolidate budget inputs, ensuring accurate and realistic financial planning.
- Prepare and analyze financial reports for store operations, including profit and loss statements, sales reports, and variance analysis.
- Provide actionable insights based on financial data to help store managers improve performance and profitability.
- Utilize Power BI to create dynamic financial dashboards and visualizations that highlight key metrics and performance indicators.
- Monitor and control store expenses, identifying areas for cost reduction and efficiency improvements.
- Review and approve store expenditures, ensuring compliance with budgetary limits and company policies
- Partner with operations to analyze financial performance, including sales trends, inventory levels, and operational costs.
- Provide financial recommendations to enhance store profitability and operational effectiveness.
- Manage and streamline financial data from various sources, ensuring accuracy and consistency in Power BI reports.
- Implement data integration processes to consolidate financial data and enhance reporting capabilities.
- Identify and implement best practices and financial processes to streamline store operations and improve accuracy.
- Support the development and execution of financial procedures and controls for store operations.
- Collaborate with cross-functional teams, including store operations, marketing, and supply chain, to align financial strategies with business objectives.
- Provide training and support to store personnel on financial processes and systems.
Skills, Knowledge and Expertise
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. Advanced degree (MBA, Master’s in Finance) or professional certification (CFA, CPA) is a plus.
- Minimum of 5 years of experience in finance management, preferably with a focus on retail or store operations.
- Strong understanding of retail financial management, including budgeting, forecasting, and cost control.
- Proficiency in financial analysis and reporting, with the ability to translate complex data into actionable insights.
- Excellent communication and interpersonal skills, with the ability to work effectively with store managers and other stakeholders.
- Strong organizational skills and attention to detail, with the ability to manage multiple priorities in a fast-paced environment.
- Experience in Power BI, including the ability to design and develop interactive dashboards and reports is preferred.
Benefits
- 15 Days Paid Time Off
- 10 Paid Holidays
- Medical, Dental, Vision 45/55 percent Employee/Employer Split- Primary
- Medical, Dental, Vision 70/30 percent Employee/ Employer Split-Dependents
- Short and Long Term Disability, AD&D, and Life Insurance 100% company-paid
- 401k Employee Contribution
- 401k Employer Match- Coming later this year, 2024
- Employee Assistance Program (EAP) Resources
- Overalls LifeConcierge™
- Employee Service Allowance
- 50% Employee Retail Discount
- Friends and Family Discount
- Team Member Referral Bonus