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Regional Operations Manager
2 weeks ago
Are you equipped with the expertise required for this role? Review the comprehensive details below.
Adams Outdoor Advertising (AOA), recognized as the largest independent Outdoor Advertising entity in the United States, is in search of a Regional Business Manager (RBM) to conduct financial and operational assessments to bolster its markets. Each RBM acts as a strategic ally to General Manager(s) across various regions.
KEY RESPONSIBILITIES INCLUDE:
- Collaborate closely with General Manager(s) (GMs) to enhance the financial outcomes of each market
- Each RBM is responsible for approximately 2-3 of the 12 AOA markets.
- Continuously analyze rate and occupancy statistics with each market, offering insights into data interpretation with a focus on both positive and negative trends.
- Assist GMs and market leaders in formulating and maintaining a rolling 90-day forecast.
- Support GMs and market leaders in assessing new contracts.
- Identify both high-performing and underperforming units, providing recommendations to GMs.
- Collaborate with the Chief Financial Officer, Corporate Controller, and Head of FP&A to create and sustain reports that evaluate key operational metrics, such as yield management reports.
- Examine staffing and expense levels with the objective of maximizing efficiency and profitability.
- Prepare capital expenditure requests and new build pro forma calculations prior to submission to Corporate.
- Oversee the budgeting process for each market.
- Ensure market adherence to all Company policies and procedures.
- Review payroll preview files for each market to confirm the accuracy of data entry and compliance with all Company policies regarding employee compensation.
- Analyze monthly market income statements, communicate any questions or concerns with Corporate staff, and review departmental expenses while generating variance analyses with department heads. Participate in monthly income statement reviews with market and Corporate staff.
- Coordinate with Corporate personnel to maintain accurate and consistent system data. Provide guidance to local market staff on established procedures and data entry.
- Perform additional tasks as requested by the GM(s).
- Bachelor's degree in business administration or a related field.
- A minimum of five years' experience in operational management, financial analysis, or a similar role.
- Strong analytical and problem-solving abilities, with a capacity to interpret financial reports and data.
- Advanced skills in Excel.
- Exceptional written and verbal communication capabilities.
- Willingness to travel to regional markets (25% travel).
- Founded in 1983 by Steve Adams, AOA is the largest independent Outdoor Advertising operator in the U.S., serving 12 markets.
- In 2021, AOA received investment from Searchlight Capital Partners, a prominent global private investment firm, in collaboration with British Columbia Investment Management Corporation, one of Canada's largest asset managers.
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