At California Pizza Kitchen, we bring thebiggestandbestparts of ourselves to work and to our communities,and are guided by our ROCKS philosophy (Respect, Opportunity, Communication, Kindness, and Service). We are committed to moving people forward and encourage everyone toapplytheirpassionat CPK.So go ahead…be bold, be epic, be YOU!
WHO IS CALIFORNIA PIZZA KITCHEN
We are passionate individuals committed to inspiring others by bringing California creativity to every meal! Founded in 1985, former federal prosecutors Rick Rosenfield and Larry Flax combined their fervor for food and fresh ingredients to create innovative, hearth-baked pizzas such as The Original BBQ Chicken, California Club and Thai Chicken that are created in a lively open kitchen. The concept gave California a place in the pizza revolution alongside Chicago and New York. CPK has since become the place fortastemakers,rulebreakers andearthshakers who conquer challenges by daring to work on the edge and thinking outside the box.
SUMMARY OF POSITION
The Director of Finance is responsible for developing financial strategies, creating budgets, and ensuring accurate financial reporting. They manage cash flow, while evaluating capital expenditures and addressing industry-specific risks. They lead the finance team; they provide essential expertise to optimize restaurant performance and ensure regulatory compliance in a dynamic and competitive industry.
OVERALL RESPONSIBILITIES AND DUITES
- Analyze cash flow on a weekly basis to optimize funds for operational needs within the context of restaurant operations.
- Create budgets and forecasts tailored to individual restaurant locations and corporate overhead, considering their specific market dynamics and operational needs.
- Administer cost controls, and expenses specific to restaurant operations and corporate overhead to provide guidance to the executive team.
- Responsible for monthly reporting and board materials
- Develop strong cross-functional relationships across the Company
- Collaborate with management on financial analysis, reports, and recommendations to support strategic decision-making aligned with the restaurant industry.
- Develop and direct the implementation of strategic financial plans, projects, programs, and systems that address the nuances of fast casual restaurant operations.
- Establish short and long-range financial goals, objectives, policies, and operating procedures with a focus on enhancing restaurant performance.
- Ensure record-keeping systems adhere to generally accepted auditing standards within the restaurant industry.
- Oversee financial management of foreign operations and refranchising if applicable, ensuring alignment with financial goals and industry standards.
- Develop and execute financial strategies aligned with business goals and the unique challenges of the fast casual dining sector.
- Ensure accurate financial reporting for each restaurant, adhering to industry standards and regulatory requirements.
- Identify and address financial risks specific to the fast casual restaurant industry, implementing mitigation strategies as needed.
- Manage vendor and supplier relationships, negotiating contracts to optimize costs while upholding quality standards within the restaurant industry
- Evaluate and recommend capital expenditures, such as renovations, equipment upgrades, or new restaurant openings, with a focus on maximizing ROI within the restaurant industry.
- Conduct financial analysis to improve restaurant performance, leveraging insights to drive strategic initiatives and operational efficiencies.
- Research and implement technology solutions for operational efficiency within the context of restaurant operations.
- Provide leadership and mentorship to the finance team, fostering a culture of excellence and continuous improvement within the restaurant industry.
- Manage vendor relationships and contract negotiations to optimize food and beverage costs while maintaining quality standards within the fast casual dining sector.
- Oversee the approval and processing of revenues, expenditures, budgets, salary updates, ledger maintenance, and data entry with a focus on restaurant operations.
- Coordinate the preparation of financial statements, reports, special analyses, and information reports specific to the restaurant sector.
- Develop and implement finance, accounting, billing, and auditing procedures tailored to the unique needs of the restaurant chain.
- Establish and maintain appropriate internal control safeguards to safeguard financial assets within the context of restaurant operations.
KNOWLEDGE, SKILLS, AND ABILITIES
- A bachelor's degree in finance, accounting, or a related field is required.
- Certified Public Accountant (CPA) certification or MBA preferred.
- Deep understanding of finance and accounting, often including several years in progressively responsible roles.
- Prior experience in the restaurant industry or other multi-unit operations is desired.
- Strong knowledge of financial principles, accounting standards, and financial modeling.
- Strong knowledge of financial software and systems.
- Strong strategic and analytical thinking abilities.
- Proven leadership and management skills.
- Comprehensive knowledge of financial regulations, compliance requirements, and risk management is crucial.
- Strong interpersonal and communication skills to work with other executives, board members, and external stakeholders.
- Strong commitment to ethical and responsible financial practices.
- Knowledge of state-specific regulations related to food service, licensing, and employment laws is crucial, as each state may have different requirements.
- Familiarity with supply chain and inventory management practices in the restaurant business to control costs and reduce waste.
- Proficiency in menu costing and pricing strategies to optimize profitability.
- Knowledge of labor cost management, scheduling, and compliance with labor laws and regulations in multiple states.
- Experience in managing financial aspects of franchise operations.
- Ability to identify and address complex financial issues and provide innovative solutions.
- Ability to adapt to changing market conditions, industry trends, and business needs.
PHYSICAL REQUIREMENTS
- Frequent exposure to computers.
- Noise level and temperature are moderate.
- Ability to sit, stand and/or walk for up to 10 hours a day.
THE PERKS
- Tremendously passionate, one-of-a-kind company culture.
- Opportunities for growthand development. Welove promoting from within!
- Unique electronic learning platform appropriately titled “The Proof” to engage continuous development.
- All the pizza you can eat!
- An environment where you can express your unique talents and skills.
- Employee driven assistance program called the Kindness Fund which lends a helping hand to our team members encountering life challenges.
- Industry competitive compensation package including bonus potential.
- Comprehensive benefits package, including medical, dental and vision and more.
NOTE:This job description is not a contract of employment. The job duties and requirements may be changed at any time, with or without notice, at the discretion of the employer to ensure the continued success of the business.
The current salary pay range for this role is: $170-190k.
Various benefits are available for this position, including 401K, health, dental, vision, and disability insurance through CPK’s designated providers. CPK regularly reviews its benefits offerings and may change benefits and providers from time to time.
California Pizza Kitchen is an equal opportunity employer and does not discriminate against any applicant for employment based on race, color, religion, national origin, age, gender, or any other legally protected classification. Everyone has a seat at our table.
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