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Senior Manager, Finance - Supply Chain

Company: Applebee's Restaurants LLC.
Location: Glendale
Posted on: May 15, 2022

Job Description:

The Senior Manager, Finance - Supply Chain is a key role within the Finance team providing exposure to multiple levels of the organization and across several functional groups. This is an exciting opportunity to be in a visible and strategic role and make a tangible and meaningful impact on the business. The position will work closely with the Finance, Marketing, Quality Assurance and Culinary and Operations teams, and suppliers, and provide valuable and actionable insights, guidance to make strategic pricing and vendor/product decisions, identify opportunities to optimize profitability. This opportunity involves extensive interaction with vendors to negotiate pricing and terms and assess, propose and implement to margin improvement initiatives.

  • Key responsibility for forecasting and budgeting product revenues, cost of goods sold including product and volume mix of proprietary IHOP products
  • Develop and manage relationships with 4-5 key suppliers, including negotiation of agreements to deliver favorable terms, service level standards and pricing
  • Develop and drive pricing optimization and margin improvement strategies for proprietary IHOP products
  • Identify and drive cost reduction initiatives such as evaluation of alternate suppliers, adjustments to packaging specs, substitution of key inputs/ingredients without impacting quality and taste attributes
  • Perform detailed financial analysis of periodic supplier cost adjustments and propose appropriate pricing to maximize margins. Conduct regular audit of pricing changes (against contractual terms and benchmark commodity indices) submitted by suppliers. Track product pricing, margins, delivery performance and other success metrics
  • Maintain proper documentation of underlying processes, procedures, and auditable data
  • Evaluate and coordinate potential commodity hedging or bulk purchase opportunities through suppliers
  • Manage product inventory at distribution centers and supplier facilities. Work with supplier and internal teams (QA and accounting) to maintain or adjust minimum inventory levels based on volume forecasts in adherence with established inventory practices. Adjust supplier production schedules as necessary. Deliver goal of zero product shortage / obsolescence
  • Partner closely with Quality Assurance, Marketing, Operations, Culinary and Dine Brands' Purchasing Cooperative Teams on development of new products and partnerships as they relate to supply chain and distribution matters. This includes sourcing, pricing, testing and roll out of new products
  • Partner with VP, Treasury & Finance and senior management with ad-hoc strategic initiatives Skills & Requirements:
    • Bachelor's degree in Accounting, Finance, Supply Chain, Business or related discipline.
    • Preferred qualifications: MBA or other Master's degree.
    • Minimum 7-10 years of Finance, FP&A or Supply Chain experience, with comprehensive knowledge of key finance concepts, principles, procedures.
    • Knowledge of supply chain concepts such as purchasing, pricing, inventory management and logistics will be a strong plus but not essential.
    • Prior experience managing relationships with suppliers, and working with internal legal and finance teams, and centralized purchasing groups/cooperatives will be a plus.
    • Prior experience preparing presentation materials for senior management.
    • Excellent project management skills; ability to manage multiple projects at once and meet deadlines.
    • Excellent leadership, communication and inter-personal skills.
    • Proficiency with MS Office, particularly Excel and PowerPoint. Experience with MicroStrategy, Hyperion (Essbase) and/or PeopleSoft preferred.
    • Strong financial modeling skills.
    • Ability to work independently and collaboratively in a fast paced, complex environment.

Keywords: Applebee's Restaurants LLC., Glendale , Senior Manager, Finance - Supply Chain, Executive , Glendale, Arizona

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