Director of Retail Finance
Estimated Pay | $22 per hour |
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Hours | Full-time |
Location | Monroe, Michigan |
About this job
Job Description
Comfort starts with our 10,000+ team members across the globe, who are transforming the power of comfort every day. Our employees have the power to change lives, in our homes, work and communities. We foster an inclusive environment while honoring a legacy built on family, where everyone can be themselves.
If you are ready to join an industry leading organization where our people are the most important asset, and innovation propels us into the future, you’re ready to take your seat at La-Z-Boy Incorporated.
WE BELIEVE IN THE TRANSFORMATIONAL POWER OF COMFORT
Job Summary:
As a key member of the Retail Leadership Team and the La-Z-Boy F&A Leadership Team, this role provides thought leadership in shaping and executing innovative retail strategies, including new store formats, test-and-learn pilots, and omnichannel initiatives. The Director is a catalyst for transformation, embedding financial discipline, data-driven decision-making, and strategic foresight into all aspects of the Retail Division’s operations.
Job Description:
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 not limited to); New Stores, Acquisitions, New Formats, optimization of floor space, Product portfolio, pricing strategy, and compensation analytics.
- Leads the monthly forecasting and annual operating plan process for the retail business, which includes ownership of all forward-looking retail 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.
- 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.
- Collaborates with accounting team on key variance analyses between forecast and actual results, strategic business changes, and other ad hoc analyses.
- Enforces appropriate internal controls for area of responsibility, including SOX and other compliance measures for the Retail stores. 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.
- Leads cash, inventory, and forecast internal controls compliance and process integration for Retail acquisitions, ensuring effective transition into the Retail segment. Oversight includes forecast integration, operational readiness, and alignment with enterprise policies and procedures.
- Owns the capital expenditure planning and forecasting process for the Retail business, including financial modeling and investment analysis for store openings, conversions, and maintenance. Partners cross-functionally to ensure capital deployment supports strategic priorities and delivers attractive financial returns.
- Partner with management to establish and implement goals and performance metrics to drive sales growth and profitability across existing and new independent furniture gallery partners. Ensure alignment and understanding of financial objectives and proactively monitor and manage risks and opportunities to optimize performance throughout the fiscal year.
- Evaluations of monthly forecasts and financial reports for the independent furniture gallery network, focusing on sales and overall profitability. This includes performing financial analyses of key business metrics, assessing strategic options, and providing actionable recommendations to Sales and Business leadership to drive overall sales growth across the furniture gallery network.
This position is the FP&A leader for the Retail Division ($1B in sales, 200+ company-owned stores) and has accountability for FP&A, sales audit and inventory control activities. Additionally, this position will enhance strategic engagement with the independent furniture gallery network by developing scalable financial frameworks, performance dashboards, and growth strategies that align with La-Z-Boy’s brand and financial objectives. 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 ~15-20 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%
- 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:
40Benefits 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 OverviewAt 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.