Director of Retail Finance
New Today
Overview
This position is the F&A leader and business partner to the President of the Retail Division and owns the finance and accounting operations for the Retail Business, enabling delivery of current year objectives and long-term strategic goals. Provides financial leadership to the Retail Leadership Team by leading financial reporting, forecasting & budgeting, internal controls and Financial Analysis for the Retail Division and Real Estate Operations. This leadership position is a thought leader and strategic partner to the Retail Division and La-Z-Boy Enterprise to enable ambitious top- and bottom-line growth as part of Century Visions Strategy.
Key Responsibilities
Leads financial analyses of business operations, strategic choices, and all other investments, to deliver Division’s short- and long-term goals and increase Shareholder Value. This would include, but is not limited to: New Stores, Acquisitions, New Formats, Optimization of floor space, Product portfolio, and Pricing Strategy
Leads the monthly forecasting and annual operating plan process for the retail business and accountable for all financial statements (P&L, Balance Sheet, Cash Flow). Leads C-Suite and Management reviews and materials of the Division’s financial outlook and partners with Retail President on decisions to maximize results or mitigate challenges in delivering objectives.
Leads review reporting of operating results and variance analysis for the Retail business vs. expectations. Enables flywheel of analyzing data, articulating insights, and turning into action.
Partner with management to ensure understanding of financial goals and performance against those goals by identifying and managing risks and opportunities as the fiscal year progresses. Takes initiative and accountability to elevate risk areas or opportunities and partner with team to drive actions to deliver against objectives
Implement and maintain appropriate internal controls including SOX and other compliance measures for the Retail business. This includes the oversight for the control environment for the Retail stores with respect to daily cash management, procedures related to fraud prevention, and inventory control in store locations and distribution centers.
Ownership and Oversight of the monthly close process that includes preparation of monthly trial balances, completion and review of associated journal entries and account reconciliations. Leads and prepares management summary of Actuals vs. expectations, and utilizes insights to manage forward looking forecast and needed changes in operations to deliver results.
Owns the financial reporting and internal control aspects of Retail acquisitions. This includes oversight of accounting procedures, providing support to staff to manage monthly close and sales audit processes, oversight of system conversions and other components as required to transition the business into our Retail segment.
Owns the capital expenditure planning and forecasting process for the Retail business along with the capitalization and disposition of assets. Oversees the Financial Analysis and R&A creation associated with capital spending for Retail store openings, conversions, and maintenance to ensure attractive financial return on investment
Scope & Impact
This position is the F&A leader for the Retail Division ($850 million sales, ~175 company-owned stores) and has accountability for FP&A, accounting, sales audit and inventory control activities. As part of Century Vision the Retail Division’s growth and expansion is at the center, and this position will be the right-hand and strategic partner for the Division President to achieve ambitious objectives. This role will lead and develop a team of ~20-25 people and be part of the La-Z-Boy F&A leadership team.
Minimum Requirements
Bachelor’s degree in Finance, Accounting, Business, or related field with 10+ years of relevant experience or equivalent
5+ years of supervisor/leadership experience or equivalent
Advanced FP&A experience in Retail, Consumer Products or Durable Products industries
Proficiency in GAAP and SOX internal control requirements
Excellent problem solving and organizational skills,
Strong Analytical and Business leadership skills
Travel Required: 20%
Preferred Requirements
MBA
Supervisory Responsibilities
The position has up to four (4) Direct Reports.
Physical Demands/Work Environment
Office environment/no specific or unusual physical or environmental demands.
Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the incumbent for this job. Duties, responsibilities and activities may change at any time with or without notice.
Additional Job Description
Weekly Hours: 40
Benefits For Employees In The US
Benefit offerings to employee and their families include: Medical, Vision, Dental and Basic Life Insurance available 401k retirement plan with company match of up to 6%. Paid time off includes: 9-11 paid holidays each year, two weeks’ prorated vacation as a new hire and either personal time (non-exempt only) or state mandated sick time.
More information can be found via: 2025 La-Z-Boy Benefits Overview
At La-Z-Boy Incorporated, we\'re an equal opportunity employer. We understand that our employees’ diverse backgrounds, experiences, perspectives, and viewpoints add value to our ability to create and deliver the best possible service, quality products, and is of upmost importance as we work together to build comfort. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
We are committed to fostering an environment in which all employees feel valued, included, and empowered to do their best work and bring great ideas to the table. If you are a qualified individual that may need a change or adjustment to the application/interviewing/hiring process as a result of your disability, you may request a reasonable accommodations by emailing our recruiting team at recruiting@la-z-boy.com or by calling 734-242-1444.
Job Details
Seniority level : Director
Employment type : Full-time
Job function : Sales and Business Development
Industries : Furniture and Home Furnishings Manufacturing
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- Location:
- Lansing, MI, United States
- Job Type:
- FullTime
- Category:
- Finance