US Foods Holding Corp

Area Director Finance

US Foods Holding Corp$120K — $185K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Accounting or Finance
  • Minimum 7 years of experience in accounting and/or financial analysis management
  • Experience in leading and managing teams effectively
  • Strong knowledge of finance, accounting, budgeting, and cost control principles
  • Proficient in Microsoft Excel and other Microsoft Office 365 applications
  • Excellent communication and interpersonal skills
  • Strong organization and prioritization skills

Responsibilities

  • Execute Area finance strategy and advise on long-term business financial planning
  • Collaborate with functional partners to drive improved financial results
  • Initiate strategic actions to drive financial performance
  • Own P&L management focusing on cost and efficiency improvements
  • Build strong relationships to understand financial needs and drive accountability
  • Provide guidance on customer contracts and profitability decisions
  • Lead financial acumen training across management levels

Benefits

  • Health insurance
  • Pre-tax spending accounts
  • Retirement benefits
  • Paid time off
  • Short-term and long-term disability insurance
  • Employee stock purchase plan
  • Life insurance
Full Job Description

Join Our Community of Food People!

BASIC PURPOSE
Member of the local executive management team, the Area Director, Finance will oversee 1-3 large Distribution Centers (DCs). Key business partner working with the Area President and cross-functional team members including VP Sales, VP Operations, Human Resource Business Partner, and VP Merchandising to achieve Area and company key results.
Responsible for understanding financial results and integrating a financial lens to drive Key Results. This person will frequently collaborate and align with Area leaders to execute the overarching financial strategy and operational drivers, as well as take initiative to create and drive operational improvements that positively impact financial outcomes. Further, they must effectively influence others by summarizing and articulating the detailed nuances of financial insights to help leaders understand and plan actionable next steps. They regularly demonstrate courage by challenging perspectives, offering alternative solutions, and making difficult decisions to achieve optimal outcomes.
A successful Area Director, Finance provides ample support and mentorship to build and develop a high performing team. Manages the Area and DC Finance, Accounting, and Inventory Control. Responsible for supporting the financial integrity and control environment for a $500 million to $1.5 billion business Area

ESSENTIAL DUTIES & RESPONSIBILITIES:

1. Own the execution of Area finance strategy
• Advisor on long-term business financial and strategic planning to the Area President and Area functional leaders for future growth opportunities aligned with Company Long Range Plan (LRP).
• Collaborate with all other functional partners in driving improved financial results and assist on plays to support strategic initiatives.
• Assess financial performance and initiate strategic actions to drive results
• Develop appropriate financial targets/outcomes through an understanding of key operational drivers and be able to discuss and support with the Area Leadership Team
• Own P&L management through strategic decisions to manage costs and improve efficiencies
• Provide clear visibility and comprehensive guidance to the Area leadership team in meeting financial outcomes
• Demonstrate analytical foresight to help make immediate decisions that will positively impact the future of the business

2. Act as a trusted advisor for all things Finance
• Partner with Controller’s Group, Area Finance Manager, Finance Support Team (FST), and VP of Finance Field Leader to create and deliver timely and accurate financial reports.
• Own and coordinate with Area functional leaders the annual business planning and monthly forecast for the Area.
• Be the gatekeeper for the Area team on all financial processes that affect results and highlight any potential risks and opportunities
• Establish credibility and trust with leaders across their area by building relationships and understanding individual needs and pain points
• Operate as a true business partner by bringing an end-to-end value chain perspective, broad business acumen, and an independent point of view
• Act as an ultimate source of truth with financial data and has analytical data readily available to guide discussion and decisions
• Be resourceful by leveraging all available tools and information to learn and help execute as a trusted financial advisor
• Manage working capital and review balance sheet health quarterly with corporate stakeholders
• Lead financial acumen training for all Area and DC management to improve understanding on how they contribute to the Area financial results

3. Collaborate with and influence Area leaders to understand financial complexities and make sound decisions
• Identify opportunities for gross profit improvement and cost management, and drive accountability for execution. 
• Drive profitable sales growth by reviewing, providing guidance, and approving all local customer contracts and incentive agreements.
• Collaborate with Sales Excellence, Area Sales management (Local and National), and Revenue Management teams in Customer profitability decisions.
• Understand critical levers to ensure the annual business plans are met through review of daily and weekly results dashboards, analyze data, provide insightful explanations of variances / trends, and coordinate action plans.
• Responsible for leading an effective Inventory Adjustments routine by collaborating with Operations, Merchandising, and Inventory Control in attaining the company targets for damage, spoilage and shrink.
• Collaborate with AVPMM and MRO to ensure inventory is aligned with the Company’s DIOH requirements and minimize nonproductive inventory. 
• Partner with the Credit organization to support Sales growth while minimizing risk and managing working capital.

4. Build a high performing team and inclusive work environment
• Train, coach, and develop direct and indirect reports into a high performing team. Actively manage and support the day-to-day performance and career growth of all resources, including annual performance reviews.  Increase the financial acumen across the functions at all management levels including basic to more advanced training to align specific functional responsibilities with their ultimate impact to improving financial results.
• Lead by example and own their personal development (e.g., ask for feedback, act on feedback, continue to expand working knowledge)
• Understand team’s development needs and hold them accountable for having development plans
• Drive an environment of continuous improvement and high engagement for team members in all role segments (i.e., On-site, Blended, Remote)
• Offer continual support and guidance for team members as they manage change
• Demonstrate managerial courage and conflict resolution to improve team performance and drive results

5. Drive continuous improvement across the Area and broader business to improve financial outcomes
• Lead continuous improvement through performing root cause analysis, implementing solutions, and challenging the status quo to drive improved results
• Lead the implementation of the US Foods Way for Finance
• Take initiative to solve business problems or inefficiencies, both inside and outside of their designated Area
• Partner with Area leadership to translate and conceptualize new approaches and offer concrete guidance to drive operational cost improvements, operating efficiencies, and opportunities for the business

6. Responsible for all field related SOX controls for the Area Hub and DCs. Support control environment for all DCs in the Area by reporting and correcting any control deficiencies.

7. Complete ad hoc projects, analysis and initiatives as requested.

SUPERVISION:
Various Area Hub staff including inventory control clerks, IT contractors and finance manager (with their reports). In market DCs there is virtual supervision of IT contractors. Indirect reporting relationship with the credit manager and coordinators.

RELATIONSHIPS
• Internal: Area staff members, Regional and Support Office accounting, and all Finance personnel
• External: Customers

WORK ENVIRONMENT
Onsite: The associate in this role is expected to perform assigned responsibilities inside

a US Foods office-based environment.


MINIMUM QUALIFICATIONS
• Bachelor’s degree
• Minimum 7 years of accounting and/or financial analysis management experience
• Proven experience and effectiveness in leading and managing others
• General knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles and SOX
• Broad skillset in financial analysis and financial modeling
• Proficient in Microsoft Excel and working knowledge of the other Microsoft Office 365 applications
• Excellent communication & interpersonal skills
• Strong organization and prioritization skills
• Limited travel as necessary

Certifications/Training
• N/A

Licenses
• N/A

Preferred Qualifications
• BS in Business Administration, Accounting or Finance
• CPA or MBA
• Industry experience and understanding of inventory management
• Experience that includes collaboration in a functional matrixed environment and virtual leadership across multiple sites
• Anaplan experience

This role may also receive annual incentive plan bonus.
Benefits for this role may include health insurance, pre-tax spending accounts, retirement benefits, paid time off, short-term and long-term disability, employee stock purchase plan, and life insurance. To review available benefits, please click here: https://www.usfoods.com/careers/benefits.html.

Compensation depends on relevant experience and/or education, specific skills, function, geographic location, and other factors as applicable by law (for example: state or local minimum wage thresholds).  The expected base rate for this role is between

$120,000 - $185,000

About US Foods Holding Corp

US Foods is a foodservice distributor that provides its customers with innovative food offerings, e-commerce, technology, and a suite of business solutions. The company partners with foodservice operators to inspire menus, attract diners, and optimize operations. US Foods was founded in 1853 and is headquartered in Rosamond, Illinois.

US Foods Holding Corp Careers

Join the dynamic team at US Foods Holding Corp, one of the leading foodservice distributors in the United States. At US Foods, we are committed to shaping the future of foodservice with dedication and innovation. This is an unparalleled opportunity to become part of a company that values leadership, diversity, and professional growth.

Work You’ll Do

At US Foods, we offer a variety of job opportunities that allow you to bring your passion and creativity to the table. Our team is driven by the pursuit of excellence and is committed to fostering an inclusive culture that supports growth and professional development. Whether you are looking for a position in sales, logistics, marketing, or culinary development, US Foods provides a platform where your skills will be nurtured and celebrated.

Innovate and Lead

Join a group of forward-thinking professionals who are continuously driving innovation in the foodservice industry. US Foods is at the forefront of developing new strategies and solutions that not only meet but exceed the needs of our customers. With a focus on sustainable and efficient practices, your work will directly contribute to transforming the landscape of foodservice distribution.

Career Development and Benefits

US Foods is dedicated to the growth and development of its employees. We offer robust training programs and leadership development opportunities that prepare you for the next steps in your career. Our benefits package is designed to support the health, well-being, and financial security of our team members and their families. From comprehensive health insurance to retirement plans and employee discounts, US Foods aims to enhance the lives of our employees.

Internship Programs

For those starting their career journey, our internship programs provide a hands-on experience in a competitive and exhilarating environment. Interns at US Foods gain valuable industry knowledge and professional experience, working alongside seasoned experts. Our internships are a gateway to full-time employment and a great way to kickstart your career in the foodservice industry.

Join Our Team

Explore the employment opportunities at US Foods Holding Corp and find the right fit for your skills and interests. We are continuously hiring and looking for ambitious, curious, and innovative team players. Dive into a workplace where your efforts are recognized and where you can genuinely see the impact of your work.

Stay Connected

Keep up to date with the latest company news, job openings, and industry insights. Connect with us through our careers blog and join our networking events to meet other professionals in the foodservice industry. Personalize your job search and stay informed about new positions that match your career aspirations.

Apply Now

Ready to advance your career at US Foods Holding Corp? Check out our current job openings and submit your resume. Our hiring process is straightforward, and our recruitment team is eager to meet potential new members. Prepare for your interview, showcase your skills, and join a company that’s redefining food innovation and service.

SEARCH US FOODS JOBS

At US Foods Holding Corp, we believe in empowering our employees to achieve their best. Join us and be part of a team that is passionate about food, customer service, and innovation.
Learn more about US Foods Holding Corp
Size
28,000 employees
Market Cap
$7.7 billion
Industry
Net Income
-$226 million
Founded
1853
5 Year Trend
+5.2%
Revenue
$22.8 billion
NASDAQ

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