The Cheesecake Factory

Senior Manager Financial Operations

The Cheesecake Factory$150K — $160K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting, finance, or related field; CPA or CMA preferred.
  • 7+ years of financial operations and cost accounting experience in manufacturing, particularly food industry preferred.
  • 4+ years of managerial experience required.
  • Strong knowledge of cost accounting principles and variance analysis.
  • Proficient in ERP systems and advanced Excel capabilities.
  • Exceptional analytical skills with a detail-oriented approach.
  • Strong presentation and communication abilities.

Responsibilities

  • Oversee budgeting, accounting, and financial reporting for the plant.
  • Manage cost accounting functions including product costing and margin analysis.
  • Ensure compliance in accounts payable processes and maintain accurate financial records.
  • Execute month-end and quarter-end closing processes, including financial statement prep.
  • Develop standard costing models for raw materials and labor.
  • Analyze production costs, recommending measures to enhance profitability.
  • Collaborate with teams for continuous improvement and efficiency projects.

Benefits

  • Eligible for annual bonus.
  • Vacation and sick time.
  • Medical, Dental & Vision coverage.
  • 401K with company match.
  • 25%-35% discount when dining as a guest.
  • Discounted cheesecake purchase program.
  • Annual stipend for dining in our restaurants.
Full Job Description
Compensation Range

$150,000-$160,000 / Year

Position Overview:

This role is critical in overseeing the financial aspects of production operations, including cost analysis, financial reporting, budgeting/forecasting, inventory management, asset management, and collaborating with other departments to optimize production efficiency and profitability, all while aligning with the company's strategic goals.

You'll thrive in this position if you are:
  • A Natural People Leader: you are adept at providing others with a clear direction, helping them see though the weeds. You naturally recruit, motivate, develop, and empower others while setting the gold standard yourself.
  • An Adept Critical Thinker: you effortlessly and objectively use your analytical skills to evaluate facts to form a sound judgment.
  • An Effective Communicator: whether it's verbal or written, you present information in a clear and professional manner. You understand your audience and can easily shift your presentation style so it is understandable to all.
  • A Gifted Problem Solver: you have an astounding ability to think outside the box, using the resources at hand to effortlessly get to the bottom of an issue: big or small.


Here's more of what you'll get to do:

  • Oversee the financial operations, including budgeting, accounting, and financial reporting for the plant, as well as monitoring and analyzing financial performance.
  • Manage the cost accounting function, ensuring accurate product costing, variance analysis, and margin analysis.
  • Manage the accounts payable function to ensure compliance with internal controls and accounting policies. Ensure timely payments of vendor invoices and expense vouchers and maintain accurate financial records and control reports.
  • Manage month-end and quarter-end closing processes, including the review of cost-related journal entries, reconciliation of general ledger accounts and preparation of financial statements.
  • Develop and maintain standard costing models for raw materials, labor, and overhead.
  • Analyze production costs and recommend cost-saving measures to improve profitability.
  • Coordinate with the production and operations teams to support continuous improvement initiatives and efficiency projects.
  • Prepare and present monthly cost reports to senior management, highlighting key variances and trends with commentary and action plans.
  • Prepare and present daily KPI metrics and trends and present performance analysis of labor and material usage variances.
  • Lead the annual budgeting and quarterly forecasting processes for manufacturing costs.
  • Manage inventory valuation processes, including cycle counts, physical inventory, and reconciliation.
  • Mentor and develop a team of three individuals, fostering a culture of accuracy and continuous improvement.
  • Ensure compliance with GAAP and company policies in all cost accounting practices.
  • Collaborate with the corporate accounting team on financial close processes and external audits.


What we require:

  • Bachelor's degree in accounting, finance, or a related field. CPA or CMA certification preferred.
  • Minimum of 7 years of financial operations and cost accounting experience in a manufacturing environment, preferably in the food industry.
  • Minimum of 4 years of managerial experience.
  • Strong understanding of cost accounting principles, standard costing, and variance analysis.
  • Proficient in ERP systems and advanced Excel skills.
  • Excellent analytical and problem-solving abilities with a keen attention to detail.
  • Strong communication and presentation skills, with the ability to explain complex financial information to non-financial stakeholders.
  • Proven leadership experience, with the ability to manage and develop a team.
  • High level of integrity and professionalism, with a commitment to ethical standards and compliance.
  • Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities.

What we prefer:
  • Food manufacturing industry experience


What we offer:

  • Eligible for annual bonus
  • Vacation and sick time
  • Medical, Dental & Vision
  • 401K with company match
  • 25%-35% discount when dining as a guest
  • Discounted cheesecake purchase program
  • Annual stipend for dining in our restaurants

About The Cheesecake Factory

The Cheesecake Factory is a restaurant company headquartered in Calabasas Hills, California. It was founded in 1972 by Evelyn Overton and has since grown to operate more than 200 restaurants in the United States and abroad. The company's restaurants offer a variety of menu items, including appetizers, entrees, and desserts, with a focus on cheesecake. The Cheesecake Factory is known for its large portions and extensive menu. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol CAKE.
Learn more about The Cheesecake Factory
Size
45,800 employees
Market Cap
$1.6 billion
Industry
Net Income
-$253.3 million
Founded
1978
5 Year Trend
+5.2%
Revenue
$1.9 billion
NASDAQ

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