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Now Brewing – senior finance manager, Store Development finance #tobeapartner

From the beginning, Starbucks set out to be a different kind of company. One that not only celebrated coffee and the rich tradition, but that also brought a feeling of connection.

We are known for developing extraordinary leaders who share this passion and are guided by their service to others.

Starbucks Store Development Finance is seeking a tenured finance leader to uphold our team’s mission to deliver critical finance support for our US Store Development organization by providing financial support to maximize portfolio revenue and profitability, and ensure analytical rigor is embedded in all key decisions. To accomplish this, we need individuals with experience in supporting retail leaders and initiating collaborative, cross-organizational project initiatives to drive financial success, process improvements, ensure holistic accountability, and better support business objectives and strategic direction.

This job contributes to Starbucks success by partnering with the business to drive the development of strategic plans, annual budgets and quarterly forecasts. The ideal candidate will have experience leading a team of finance professionals in conducting complex analysis of key performance measures to influence decision-making for a business unit or global function and will have strong collaboration and communication skills.

As a senior finance manager, Store Finance partner, you will…

Lead - Setting goals for the work group, developing organizational capability, and modeling how we work together:

• Incorporating key priorities for both the business unit or function represented and the total Company. Will manage a large team.

• Works collaboratively with and often leads cross-functional teams to coordinate and provide guidance on strategic plans, annual budgets, quarterly forecasts and accounting policies.

• Ensures effective communication and timely resolution of conflicts.

• Identifies and communicates key responsibilities and practices to ensure the immediate team of direct reports promotes a successful attitude, confidence in leadership, and teamwork to achieve business results.

• Supports the implementation of company programs to ensure the success of the Company.

• Pushes the organization forward and leads changes and improvements.

Plan and Execute - Developing strategic and operational plans for the work group, managing execution, and measuring results:

• Drives a function’s long-range financial and business plan.

• Oversees and influences comprehensive analysis required to support investment decision for business programs and products including measurement against key financial metrics and targets.

• Plans and manages business unit and department processes and practices to ensure that programs are aligned with company business goals and objectives.

• Prepares, communicates and educates client groups and team on changes in policies and practices within the organization.

Business Requirements - Providing functional expertise and executing functional responsibilities:

• Provides overall vision in creating and implementing processes/ tools used in financial controls and financial plans.

• Supports leadership by leading development of accurate and timely strategic plans, annual operating plans, and quarterly forecasting efforts for a business unit or global function.

• Leads review sessions with senior business leadership and senior finance leadership.

• Leads team in generating strategic and tactical recommendations in support of business objectives and presents them to influence senior management decision-making.

• Supports director or senior leader in leading the development of strategic plans, annual operating plans and quarterly forecasts for a consolidated business unit or the consolidated Company.

• Manages the team’s day-today activities in drafting, analyzing and completing plans or forecasts that align with business or departmental strategies and priorities and in accordance with accounting policies.

• Works with cross-functional teams to improve processes, set targets, develop plans, conduct complex analyses, and measure results. Consults with senior management to identify process gaps, present data and propose solutions.

• Ensures systems are consistent and integrated with the business practices they support. Identifies key issues and weaknesses, provides solutions for improvement, and manages the implementation of system enhancements.

• Leads the creation of complex models, conducts research, and analyzes actual business unit performance against targets in the operating plans, strategic plans, forecasts and sales incentive plans as applicable. Quantifies opportunities and risks, and recommends alternatives. Conducts complex analyses as needed to support and influence operational decision-making.

• Participate in and lead cost and price discussions with external or internal parties.

Partner Development & Team Building - Providing partners with coaching, feedback, and developmental opportunities and building effective teams:

• Challenges and inspires partners to achieve business results.

• Conducts and ensures the completion of performance reviews. - Ensures partners adhere to legal and operational compliance requirements.

• Oversees training and development of partners directly and indirectly managed and makes effective staffing decisions.

We’d love to hear from people with:

• Progressive experience in financial analysis, modeling, budgeting and business planning 10 years

• Applicable industry experience 5 years

• Contributing to and leading cross-functional teams 5 years

• Making recommendations to and influencing decision makers 5 years

• Strong working knowledge of process and product cost accounting 3 years

• Treasury related skills – assess & manage risks, understand capital markets and external market conditions, hedging, accounting rules and regulations. 3 years

• 5 years Prior management or supervision experience.

Required Knowledge, Skills and Abilities

• Ability to develop and maintain effective working relationships

• Ability to communicate clearly and concisely, both orally and in writing

• Ability to effectively present information to senior leaders

• Ability to influence without authority vertically and horizontality throughout the organization and with cross- functional teams.

• Ability to lead others

• Advanced Excel, statistical analysis and financial modeling skills

• Business analysis skills, with the ability to see implications and provide consultative solutions and recommendations

• Ability to set priorities, meet deadlines and manage projects

• Ability to apply knowledge of multidisciplinary business principles and practices to achieve successful outcomes in cross-functional projects and activities

• Ability to quickly identify the information needed to evaluate new business situations and to collect and organize appropriate quantitative and qualitative information

• Working knowledge of Essbase / Hyperion preferred

• Knowledge of Generally Accepted Accounting Principles (GAAP)

• Ability to develop innovative solutions and process improvements based on technical accounting knowledge, analytical skills, and understanding of financial systems

As a Starbucks partner, you (and your family) will have access to medical, dental, vision, basic and supplemental life insurance, and other voluntary insurance benefits. Partners have access to short-term and long-term disability, paid parental leave, family expansion reimbursement, paid vacation from date of hire*, sick time (accrued at 1 hour for every 25 hours worked), eight paid holidays, and two personal days per year. Starbucks also offers eligible partners participation in a 401(k) retirement plan with employer match, a discounted company stock program (S.I.P.), Starbucks equity program (Bean Stock), incentivized emergency savings, and financial well-being tools. Additionally, Starbucks offers 100% upfront tuition coverage for a first-time bachelor’s degree through Arizona State University’s online program via the Starbucks College Achievement Plan, student loan management resources, and access to other educational opportunities. You will also have access to backup care and DACA reimbursement. Starbucks will comply with any applicable state and local laws regarding employee leave benefits, including, but not limited to providing time off pursuant to the Colorado Healthy Families and Workplaces Act, and in accordance with its plans and policies. This list is subject to change depending on collective bargaining in locations where partners have a certified bargaining representative. For additional information regarding partner perks and more detailed information about benefits, go to starbucksbenefits.com.

*If you are working in CA, CO, IL, LA, ME, MA, NE, ND or RI, you will accrue vacation up to a maximum of 120 hours (190 in CA) for roles below director and 200 hours (316 in CA) for roles at director or above. For roles in other states, you will be granted vacation time starting at 120 hours annually for roles below director and 200 hours annually for roles director and above.

The actual base pay offered to the successful candidate will be based on multiple factors, including but not limited to job-related knowledge/skills, experience, geographical location, and internal equity. At Starbucks, it is not typical for an individual to be hired at the high end of the range for their role, and compensation decisions are dependent upon the facts and circumstances of each position and candidate.

If you live in the greater Seattle area, we offer a flexible workplace that allows for hybrid work. Partners can work remotely up to two days per week.

Join us and inspire with every cup. Apply today!

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, physical or mental disability, sexual orientation, marital status, military or veteran status, gender identity and expression, genetic information, or any other factor protected by law.

We are committed to creating a diverse and welcoming workplace that includes partners with diverse backgrounds and experiences. We believe that enables us to better meet our mission and values while serving customers throughout our global communities. People of color, women, LGBTQIA+, veterans and persons with disabilities are encouraged to apply.

Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal state and local ordinances. Starbucks Corporation is committed to offering reasonable accommodations to job applicants with disabilities. If you need assistance or an accommodation due to a disability, please contact us at applicantaccommodation@starbucks.com.