VICE PRESIDENT, ASSISTANT TREASURER (HYBRID-CHARLOTTE, NC)

Job Description

Job Description

A family of companies and experiences

As the leading foodservice and support services company, Compass Group USA is known for our great people, great service and our great results. If you’ve been hungry and away from home, chances are you’ve tasted Compass Group’s delicious food and experienced our outstanding service. We have over 284,000 US associates who work in award-winning restaurants, corporate cafes, hospitals, schools, arenas, museums, and more in all 50 states. Our reach is constantly expanding to shape the industry and create new opportunities for innovation. Join the Compass family today!

great people. great services. great results.

Each and every individual plays a key role in the growth and legacy of our company. We know the next big idea can come from anyone. We encourage developing and attracting expertise that differentiates us as a company as we continue to raise the bar.

Job Summary:

Compass Group, the world’s leading contract foodservice company, has a Great Opportunity for career development and growth here at its North America headquarters in Charlotte, NC as a VP in the Treasury Department. 

This position will focus on supporting enterprise-wide business initiatives by analyzing working capital, with a primary focus on improving cash flow in Accounts Receivable (A/R), Accounts Payable (A/P), and Inventory, and Capital Expenditures. A successful candidate will be an analytical and creative thinker with strong systems and communication skills.

Responsibilities:

• Review monthly working capital reports for distribution to sector and corporate management (e.g. DSO scorecards, Major Debtors, Inventory Days)
• Review monthly analyses and forecasts of A/R, A/P, Inventory, and Deferred Income with explanations for variances to prior year, previous forecast, and budget
• Review overall North America working capital results, forecasts, and budgets for reasonableness and prepare high-level summaries for senior management
• Lead in working with Financial Planning and Sector CFO’s in planning and funding large capital expenditures
• Work with Sector Finance to understand recent trends, identify cash flow opportunities, and improve reporting
• Propose and monitor sector working capital targets
• Oversee conversion of Excel reports to interactive dashboards using PowerBI
• Develop analyses and reports to identify opportunities to improve DSO (Days Sales Outstanding) and DPO (Days Payable Outstanding) and work with other departments to implement changes
• Represent Treasury in Data Strategies and S4 Continuous Improvement projects and development
• Review the weekly cash forecast and lead P6 and P12 cash tracking and cash flow flash process
• Oversight of Treasury balance sheet and controls
• Provide guidance and oversight of the Treasury Strategies and Healthcare Treasury teams including review of the daily cash position and coordination of bank accounts and services
• Participate in the analysis of efficiency and effectiveness of current departmental processes and procedures, and implement identified improvements
• UK Group Parent lead in managing cash flow positioning and funding needs
• Assist in managing banking relationships and develop best practices across Treasury
• Special projects as requested for sector finance and senior management
• Supervise two Senior Managers

Qualifications:

• Bachelor’s Degree in Finance or Accounting, MBA preferred
• 12+ years of accounting/finance/budgeting experience in a large organization
• Management experience
• Experience preparing and/or analyzing cash flows
• Understanding of working capital and how it impacts the organization
• Proficient in Microsoft Excel, PowerBI, SAP, and Hyperion (HFM and/or Essbase)   

Candidate Traits/Skills:

• Analytical and Problem-Solving Skills – Demonstrates fluidity to shift between the big picture and details.
• Accountability – Ability to work independently; prioritize and manage multiple projects in a deadline driven environment
• Effective and Engaging Communicator - Ability to frame out complex scenarios in an easy-to-understand manner; ability to effectively communicate with associates at all levels of the organization
• Entrepreneurial spirit - Proactive; self-motivated; inquisitive; persistent and not easily discouraged
• Critical Thinker – Ability to challenge the norm and offer healthy skepticism, imagination, and thinking outside the box
• Detail-oriented - Ability to pay close attention and notice minor details to catch mistakes or changes before they become a bigger problem

Apply to Compass Group today!

Click here to Learn More about the Compass Story

Compass Group is an equal opportunity employer.  At Compass, we are committed to treating all Applicants and Associates fairly based on their abilities, achievements, and experience without regard to race, national origin, sex, age, disability, veteran status, sexual orientation, gender identity, or any other classification protected by law.

Qualified candidates must be able to perform the essential functions of this position satisfactorily with or without a reasonable accommodation. Disclaimer: this job post is not necessarily an exhaustive list of all essential responsibilities, skills, tasks, or requirements associated with this position. While this is intended to be an accurate reflection of the position posted, the Company reserves the right to modify or change the essential functions of the job based on business necessity. We will consider for employment all qualified applicants, including those with a criminal history (including relevant driving history), in a manner consistent with all applicable federal, state, and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York Fair Chance Act. We encourage applicants with a criminal history (and driving history) to apply.

Compass Corporate maintains a drug-free workplace.

Applications are accepted on an ongoing basis.

Associates at Corporate are offered many fantastic benefits.

• Medical
• Dental
• Vision
• Life Insurance/ AD
• Disability Insurance
• Retirement Plan
• Paid Time Off
• Paid Parental Leave
• Holiday Time Off (varies by site/state)
• Personal Leave
• Associate Shopping Program
• Health and Wellness Programs
• Discount Marketplace
• Identity Theft Protection
• Pet Insurance
• Commuter Benefits
• Employee Assistance Program
• Flexible Spending Accounts (FSAs)

Associates may also be eligible for paid and/or unpaid time off benefits in accordance with applicable federal, state, and local laws. For positions in Washington State, Maryland, or to be performed Remotely, click here or copy/paste the link below for paid time off benefits information.

-usa.com/wp- content/uploads/2023/08/2023_WageTransparency_CorpAndFoodbuy.pdf

Certain positions may require Florida Level 2 background screening. Details:  

Req ID: 1527098

Compass Corporate 

Jonee Love 

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