Area Finance Manager at US Foods

Sacramento, California, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Food Distribution, LogisticsIndustries

Requirements

BS in Business Administration, Accounting or Finance required
Minimum of seven years accounting and/or financial analysis experience or five years in public accounting
Prior experience supervising an accounting, financial analysis or public accounting staff required
Multi-site supervisory experience preferred
Industry experience preferred
Deep knowledge of finance, accounting, budgeting and cost control principles including Generally Accepted Accounting Principles and SOx
Broad skill set in financial analysis and financial forecasting required
Proficient in Microsoft Excel
Strong interpersonal skills with the ability to interact at all levels in the organization
Strong written and oral communication skills required
Ability to prioritize activities in a multi-tasked environment required
Willingness to travel up to 30%, including overnight travel as required

Responsibilities

Functions as partner for Area Finance Director and business support for Area leadership
Lead cross-functional inventory adjustment meetings to maximize earnings
Review Customer Profitability including margin opportunities and incentive deal compliance
Collaborate with Area Director and Sales Management on new incentive/MDA agreement analytics and structure to ensure profitable sales growth
Assist in driving revenue growth and enhancing profitability through Customer rebate review and approval
Resolution of contract pricing questions and cost issues impacting customer pricing
Management and training of CDMR process
Research, track and resolve vendor related issues
Partner with Area Director in the development and administration of the division's annual budget and Balance of Year (BOY) forecasting, including independently developing annual budgets for up to four Distribution Centers and completing weekly Flash and monthly BOY forecasting
Present plans and forecasts to Area Finance Director and Area Leadership
Partner with Area Finance Director and Finance Service Center (FSC) to create and deliver timely and accurate financial statements
Prepare internal financial management reports, internal control analyses, operational results flux and trend analyses, customer profitability analysis, and decision support to ensure goals are met
Ownership of Sarbanes Oxley (SOx) compliance throughout DCs and Area
Provide support to the Area President and other Area staff members as the point of contact for DC/Area accounting and internal control issues
Management of fixed assets records
Direct oversight of IT Coordinator, Payroll and Accounting Clerks
Dotted line oversight of cashier functions in both hub and non-hub locations
Guide, coach and develop the accounting and IT staff
Coordinate efforts of direct and indirect reports to ensure that daily, monthly and quarterly responsibilities are met
Function as back up for Area Finance Director on limited, as-needed basis
Complete ad hoc projects, analysis and initiatives as requested

Skills

Financial Planning

Budgeting

Forecasting

Financial Reporting

Internal Controls

Payroll Management

IT Management

Customer Profitability Analysis

Inventory Management

Revenue Growth

Contract Pricing

Vendor Management

US Foods

Food distribution for restaurants and healthcare

About US Foods

US Foods is a leading food distributor in America, providing a wide range of food products and services to restaurants, healthcare facilities, and other food service operators. The company offers over 350,000 products, including fresh produce and culinary equipment, and operates by purchasing food in bulk and selling it to clients while also offering services like culinary expertise and business consulting. With a strong logistics network that ensures timely deliveries, US Foods also supports clients with solutions like the "Make It Now" platform during challenging times. Additionally, the company is committed to social responsibility, having donated over $32 million in food and supplies for hunger relief during the COVID-19 pandemic.

Rosemont, IllinoisHeadquarters

1853Year Founded

$340.5KTotal Funding

IPOCompany Stage

Food & Agriculture, ConsultingIndustries

10,001+Employees

Benefits

Health Insurance

Paid Time Off

Short-term and Long-term Disability

Employee Stock Purchase Plan

Life Insurance

Flexible Work Hours

Risks

Potential E. coli contamination from Taylor Farms onions could harm US Foods' reputation.

$500 million senior notes issuance increases financial risk if debt obligations aren't met.

Expansion in Buda involves significant capital investment, risking financial strain.

Differentiation

US Foods offers over 350,000 diverse products to meet varied customer needs.

The 'Make It Now' platform aids clients in recovery and reopening efforts.

US Foods provides value-added services like culinary expertise and business consulting.

Upsides

Expansion in Buda, Texas, will create 165 new jobs by December 2026.

Flexible scheduling and seven-day delivery model enhance customer service.

Advancements in cold chain logistics improve perishable food distribution efficiency.

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