Corporate Finance Leader
3 weeks ago
Corporate Finance Leader
About the Role:
We are seeking an experienced Corporate Finance Leader to join our team at Thrive Restaurant Group. This is a dynamic opportunity for a seasoned accounting professional to lead our general accounting and treasury teams in producing high-quality financial information for effective business decision-making.
The ideal candidate will have a strong background in team leadership, accounting, and finance, with experience developing and maintaining appropriate internal controls, accurate financial reporting, efficient accounts payable, transparent cash management practices, short-term investment strategy, account reconciliations, annual audit results, and taxes.
This role partners with the CFO and Brand Presidents to provide insightful analysis and viewpoints that help inform our business strategies.
About Us:
Thrive Restaurant Group is a family-owned and operated hospitality company based in Wichita, Kansas. We pride ourselves on creating warm, inviting dining experiences across our portfolio of restaurant brands, including Applebee's franchises, HomeGrown Kitchen, Qdoba, Carlos O'Kelly's, and Modern Market.
We focus on genuine hospitality, high-quality food, and strong community connections, making us a leader in the hospitality industry.
Responsibilities:
- Team Leadership: Lead and develop a high-performing team, providing guidance, coaching, and support to ensure the team's success, including departmental goal setting and individual development plans.
- Financial Management: Lead the organization's financial operations, including financial reporting, capital budgeting, forecasting, and cash flow management.
- Treasury/Cash Management: Lead all aspects of the treasury function to ensure effective and efficient use of Thrive's financial assets, including weekly cash flow projections, management of AP disbursements that maximize float/liquidity and maintain positive vendor relations, risk management, monitoring bank balances, identifying short-term investment opportunities, and overall responsibility for cash management.
- Financial Reporting: Lead the period-end closing process while ensuring the accuracy and timeliness of all published financial information (P&L, Balance Sheet, Cash Flow). Ensure and certify that all financial reconciliations are complete within set organizational standards.
- Internal Controls: Develop, operationalize, and maintain effective internal control procedures, including creating and implementing key metrics, to safeguard company assets and ensure the integrity of financial data. Key areas will include corporate cash management and expense reporting, store-level controls in paid-in/paid-out processes, and full ownership of the Accounts Payable process.
- Financial Analysis: Conduct financial analysis to identify trends, risks, and opportunities, providing insights and recommendations to support strategic decision-making.
- Process Improvement: Continuously assess and improve financial processes and systems to enhance efficiency, accuracy, and productivity. In collaboration with our CFO and Ops Services Team, improve the integrity of the data and underlying end-to-end processes. By way of example, these areas should include the period-end closing cycle, financial reporting, accounts payable, sales and property tax, review of vendor services, and more. Lead the evaluation and implementation of new systems related to accounting and finance functions.
- Stakeholder Engagement: Collaborate with executive leadership, department heads, and external stakeholders to provide financial expertise and support organizational objectives. Build relationships with vendor partners like they are an extension of the team and provide them feedback to maximize their effectiveness.
- Compliance: Ensure compliance with all regulatory and legal requirements, including coordinating audits and reviews as necessary. Ensure that all required recurring tax filings (income, sales, personal property, real estate) are filed timely and accurately.
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